New Research on Global RFID Market by focusing on Top Companies like Alien Technology, Applied Wireless RFID, Avery Dennison, Caen RFID, Checkpoint Systems

This is a Latest Report of  Data Bridge Market Research of  “Global RFID Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.

The Global RFID Market accounted to USD 17.0 billion in 2016 growing at a CAGR of 7.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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This report consists of below pages:

No of pages : 350   No of Figures: 60     No of Tables: 220

Global RFID Market By Type (Tags, Readers, Software) By components (RFID Tags, RFID Readers, RFID Software and Middleware), By Application (Logistics and Transportation, Aerospace and Defense, Automotive, Retail and Consumer Goods, Agriculture Facility and Livestock, Healthcare, Medical and Pharmaceuticals, Government, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Key Questions Answered in Global RFID Market Report:-

Our Report offers:-

What will the market growth rate, Overview and Analysis by Type of Global RFID Market in 2024?

What are the key factors driving, Analysis by Applications and Countries Global RFID Market?

What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global RFID Market?

Who are Opportunities, Risk and Driving Force of Global RFID Market?

Who are the opportunities and threats faced by the vendors in Global RFID Market? Business Overview by Type, Applications, Gross Margin and Market Share

What are the Global Next Global RFID Market opportunities, market risk and market overview of the Market?

Top Players of  Global RFID Market

  • Alien Technology,
  • Applied Wireless RFID,
  • Avery Dennison,
  • Caen RFID,
  • Checkpoint Systems,
  • GAO RFID,
  • Globeranger,
  • Impinj,
  • Invengo,
  • Mojix,
  • Motorola,
  • Nedap,
  • NXP Semiconductors,
  • Smartrac Technology,
  • Thingmagic,
  • Zebra,
  • Honeywell Aidc,
  • Securitag Assembly Group (SAG),
  • Identiv,
  • Confidex,
  • Omni-ID,
  • Savi Technology,
  • Vizinex RFID
  • among others.

In 2017, Avery Dennison partnered with Target Corporation, as part of Target’s deployment of RFID technology to more than 1,600 stores to help maximize inventory availability and deliver an enhanced guest experience.

Market Definition:

RFID technology uses the electromagnetic signature that uses the radio frequency in a specific spectrum to communicate information, which is mostly one way. This process is carried out by the RFID microchip. The reader reads the information from RFID tags, and RFID middleware uses the data to create analytical insights. The latest trend in this market are use of RFID tags and others in the field of manufacturing and retails for the automatic pricing system i.e. when customer leaves the shop, with the help of RFID tags the bill will automatic generate these type of facilities related to RFID will make the market grow in future. There is need of RFID for several applications like Logistics and Transportation, Aerospace and Defense, Automotive, Retail and Consumer Goods, Agriculture Facility and Livestock, Healthcare, Medical and Pharmaceuticals, Government, Others will create a huge market for the RFID.

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Global RFID Market Competitive Analysis: 

RFID Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

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Segmentation: 

On the basis of type:- Tags, Readers, and Software. The tags market is expected to grow in the forecasted period.

On the basis of components:- RFID Tags, RFID Readers, RFID Software and Middleware.  The RFID readers market is expected to grow in the forecasted period.

On the basis of application:- Logistics and Transportation, Aerospace and Defense, Automotive, Retail and Consumer Goods, Agriculture Facility and Livestock, Healthcare, Medical and Pharmaceuticals, Government, Others. The retail and consumer goods market is expected to grow in the forecasted period.

On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Market Drivers and Restraints:

  • Increasing use of RFID in Manufacturing
  • Government Initiatives
  • High adoption of RFID technology in retail industry
  • Laws for Compulsory Tagging of Animals
  • High Installation Costs

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