Global RFID Market for Industrial Applications (By Product, Frequency Band and Type) – Prospective Landscape, Size, Share, Growth, Opportunities and Industry Forecast 2018 – 2025

Published DateReport CodeNo. of PagesReport Format
Sept – 2019AMR-10014110PDF / Excel

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Inventory management to be the key driving factor for the RFID market

Inventory management is becoming increasingly important driving the global RFID market for industrial applications. Knowing stock levels and tracking the movement of components in the production line is essential in industrial processes. This process criticality makes inventory management a key factor for industrial sector end-users. Experts have found that lapses in inventory processes can affect operational losses directly. As a result, the RFID market has a rapidly growing need. As a result, many firms use RFID systems to track inventories efficiently and use tags attached to them.

The deployment of RAIN RFID has been identified by experts in the global RFID industry as a critical trend affecting market growth. RAIN RFID is increasingly adopted by manufacturing industries as it provides effective item-level tagging and inventory management in-store. In addition, with a higher volume of chips and chip-antenna combinations, RAIN RFID is incorporated, making it more impactful. Market experts believe that the above factors will prove critical during the forecast period in the growth of the global RFID market for industrial applications at a CAGR of over 2%.

Automatic data capture technology is radio frequency identification (RFID). Radio waves are used to collect data from tags that are attached to objects for different purposes, like tracking and automatic identification.

High definition pictures and videos to witness the fastest growth of nearly 4.5% during the forecast period

RFID Industrial Application Market with high capacity for storage to boost market growth. RFID Industrial market vendors are introducing high-speed products specifically for applications that require large quantities of data to be saved, such as action cameras, drones and video surveillance systems. The trend towards high-definition images and video capture and the implementation of automation technologies across different sectors drives the need for a high-capacity Industrial Application RFID market. Strong security in large applications like inventory management, process tracking and other; and long distance objects reading features of RFID tags are key factors that have an impact on market growth. This also means that inventory tracking and equipment is needed in business. Furthermore, the growth of the global RFID sensor market is affected by automotive developments, rising demand for RFID sensors, a high RFID cost and collision tags.

Growth in demand for robust security and tracking inventory in business.

Optically-based system such as barcode does not offer unique solutions for inventory or equipment logistic tracking with read / write capability. RFID helps with stock updating and makes operation in retail transportation and product logistics convenient to supply chain management. The barcode information is fixed and can not be changed. In contrast, RFID tags have a computer-like electronic memory to store data. This data is used for different applications, including retail, transport, corporate security as well as major commercial applications. In addition, RFID tags installed in the gemstores help to identify unauthorized attempts by activating an alarm to remove Jewelry items. Compared with barcode scanners, this mechanism provides solid security.

Major players profiled in the global RFID for industrial applications market report include Zebra Technologies, Honeywell, Acreo Swedish Ict, Datalogic, Avery Dennison, Alien Technology,  Cipher Lab, Checkpoint Systems and Corerfid among others.

Identification of radio frequency i.e. RFID is a wireless non-contact system that uses electromagnetic radiofrequency fields in order to transfer tag data from an object to automatic identification and tracking. RFID applications are used to control safety or access, collect mail, track animals and cars, etc. For example, the use of RFID tags can be made for monitoring progress through assembly lines in the course of manufacture in many industries, and even pharmaceuticals can also be tracked through warehouses. RFID Tags are used in many industries.RFID is a bar code-like technology. The RFID tag must not be directly scanned, however, or a reader needs a line-of-view. The RFID tags must be read from 3 to 300 feet within an RFID reader range. These tags have a wide field of retail, security, aerospace and transportation applications. Systems which are optically based, such as bar-code fails to offer unique Tagss with read and write capabilities for the logistic tracking of inventory or equipment. RFID helps to manage stock updates and to make operation convenient for retail supply chain management in transportation & product logistics.

This increase in the size of the market is due to an increase in the number of software Tags providers entering the RFID industry. Different software Tags companies have the potential to offer frequency bands including tracking, analysis and inventory management by creating cloud-based supply chain management systems. This helps end users to know if a product is missing. It also helps to strengthen the supply chain by reducing the future loss of finished products. Such market behaviour, as medium size retailers can use such Tagss, is extremely favorable to the market of RFID. Rough security in broad applications such as inventory management, production process tracking and other applications as well as long distance read object functionality of RFID tags are the key factors that have an impact on market development. In addition, the development in the automotive industry has affected the growth of the global RFID sensors market as demand for RFID sensors increases, high RFID cost, tag collisions. These factors are expected to drive market growth or hinder it. Tag collision occurs in cases where an RFID reader cannot simultaneously read signals from several tags. Interferences in systems such as fork-lifts or walkie-talkies were observed in RFID, for example. Furthermore, these radio waves are affected by the presence of mobile phone towers.

The global RFID market is segmented on the basis of product, frequency band, type, application type and geography. Based on product, the global market is bifurcated into tags, readers and softwares. On the basis of frequency band, the global RFID market is segmented into low frequency, high frequency and ultrahigh frequency. By type, the global market is categorized into active and passive. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

The key global players of RFID market are Coridian Technologies, Inc., Vitaran Electronics, ELA Innovation, Invengo Technology Pte. Ltd., Balluff Inc., AB&R (American Barcode and RFID), VisuaScan Inc., Imprint Enterprises, AbeTech Corporate and SMARTRAC Industries among others.

Chapter 1. Executive Summary

Chapter 2. Market Introduction

Chapter 3. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – Key Industry Dynamics

  • 3.1. Key Market Drivers
  • 3.2. Key Market Restraints
  • 3.3. Market Opportunities
  • 3.4. Future Trends
  • 3.5. Impact Analysis of Drivers and Restraints

Chapter 4. Global RFID Market – Analysis and Revenue Forecast 2018-2025

Chapter 5. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – By Product

  • 5.1. Tags
  • 5.2. Readers
  • 5.3. Software

Chapter 6. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – Frequency Band

  • 6.1. Low Frequency
  • 6.2. High Frequency
  • 6.3. Ultrahigh Frequency

Chapter 7. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – Type

  • 7.1. Active
  • 7.2. Passive

Chapter 8. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – By Region

  • 8.1. North America
  • 8.2. Europe
  • 8.3. Asia-Pacific
  • 8.4. Latin America
  • 8.5. Middle East & Africa

Chapter 9. North America RFID Market – Analysis and Revenue Forecast 2018-2025

  • 9.1. North America RFID Market – By Product
    • 9.1.1. Tags
    • 9.1.2. Readers
    • 9.1.3. Software
  • 9.2. North America RFID Market – By Frequency band
    • 9.2.1. Low Frequency
    • 9.2.2. High Frequency
    • 9.2.3. Ultrahigh Frequency
  • 9.3. North America RFID Market – By Type
    • 9.3.1. Active
    • 9.3.2. Passive
  • 9.4. North America RFID Market – By Country
    • 9.4.1. U.S.
    • 9.4.2. Canada

Chapter 10. Europe RFID Market – Analysis and Revenue Forecast 2018-2025

  • 10.1. Europe RFID Market – By Product
    • 10.1.1. Tags
    • 10.1.2. Frequency bands
    • 10.1.3. Software
  • 10.2. Europe RFID Market – By Frequency band
    • 10.2.1. Low Frequency
    • 10.2.2. High Frequency
    • 10.2.3. Ultrahigh Frquency
  • 10.3. Europe RFID Market – By Type
    • 10.3.1. Active
    • 10.3.2. Passive
  • 10.4. Europe RFID Market – By Country
    • 10.4.1. Germany
    • 10.4.2. France
    • 10.4.3. UK
    • 10.4.4. Spain
    • 10.4.5. Italy
    • 10.4.6. Rest of Europe

Chapter 11. Asia-Pacific RFID Market – Analysis and Revenue Forecast 2018-2025

  • 11.1. Asia-Pacific RFID Market – By Product
    • 11.1.1. Tags
    • 11.1.2. Frequency bands
    • 11.1.3. Software
  • 11.2. Asia-Pacific RFID Market – By Frequency band
    • 11.2.1. Low Frequency
    • 11.2.2. High Frequency
    • 11.2.3. Ultrahigh Frequency
  • 11.3. Asia-Pacific RFID Market – By Type
    • 11.3.1. Active
    • 11.3.2. Passive
  • 11.4. Asia-Pacific RFID Market – By Country
    • 11.4.1. China
    • 11.4.2. India
    • 11.4.3. Japan
    • 11.4.4. South Korea
    • 11.4.5. Rest of Asia-Pacific

Chapter 12. Latin America RFID Market – Analysis and Revenue Forecast 2018-2025

  • 12.1. Latin America RFID Market – By Product
    • 12.1.1. Tags
    • 12.1.2. Frequency bands
    • 12.1.3. Software
  • 12.2. Latin America RFID Market – By Frequency band
    • 12.2.1. Low Frequency
    • 12.2.2. High Frequency
    • 12.2.3. Ultrahigh Frequency
  • 12.3. Asia-Pacific RFID Market – By Type
    • 12.3.1. Active
    • 12.3.2. Passive
  • 12.4. Latin America RFID Market – By Country
    • 12.4.1. Brazil
    • 12.4.2. Mexico
    • 12.4.3. Rest of Latin America

Chapter 13. Middle East & Africa RFID Market – Analysis and Revenue Forecast 2018-2025

  • 13.1. Middle East & Africa RFID Market – By Product
    • 13.1.1. Tags
    • 13.1.2. Frequency bands
    • 13.1.3. Software
  • 13.2. Middle East & Africa RFID Market – By Frequency band
    • 13.2.1. Low Frequency
    • 13.2.2. High Frequency
    • 13.2.3. Ultrahigh Frequency
  • 13.3. Middle East & Africa RFID Market – By Type
    • 13.3.1. Active
    • 13.3.2. Passive
  • 13.4. Middle East & Africa RFID Market – By Country
    • 13.4.1. UAE
    • 13.4.2. Saudi Arabia
    • 13.4.3. Turkey
    • 13.4.4. Rest of Middle East & Africa

Chapter 14. Competitive Analysis

  • 14.1.1. Competition Dashboard
  • 14.1.2. Company Profiles
    • 14.1.2.1. Coridian Technologies, Inc.
    • 14.1.2.2. Vitaran Electronics
    • 14.1.2.3. ELA Innovation
    • 14.1.2.4. Invengo Technology Pte. Ltd.
    • 14.1.2.5. Balluff Inc.
    • 14.1.2.6. AB&R (American Barcode and RFID)
    • 14.1.2.7. VisuaScan Inc.
    • 14.1.2.8. Imprint Enterprises
    • 14.1.2.9. AbeTech Corporate
    • 14.1.2.10. SMARTRAC Industries
Report Synopsis

Inventory management to be the key driving factor for the RFID market

Inventory management is becoming increasingly important driving the global RFID market for industrial applications. Knowing stock levels and tracking the movement of components in the production line is essential in industrial processes. This process criticality makes inventory management a key factor for industrial sector end-users. Experts have found that lapses in inventory processes can affect operational losses directly. As a result, the RFID market has a rapidly growing need. As a result, many firms use RFID systems to track inventories efficiently and use tags attached to them.

The deployment of RAIN RFID has been identified by experts in the global RFID industry as a critical trend affecting market growth. RAIN RFID is increasingly adopted by manufacturing industries as it provides effective item-level tagging and inventory management in-store. In addition, with a higher volume of chips and chip-antenna combinations, RAIN RFID is incorporated, making it more impactful. Market experts believe that the above factors will prove critical during the forecast period in the growth of the global RFID market for industrial applications at a CAGR of over 2%.

Automatic data capture technology is radio frequency identification (RFID). Radio waves are used to collect data from tags that are attached to objects for different purposes, like tracking and automatic identification.

High definition pictures and videos to witness the fastest growth of nearly 4.5% during the forecast period

RFID Industrial Application Market with high capacity for storage to boost market growth. RFID Industrial market vendors are introducing high-speed products specifically for applications that require large quantities of data to be saved, such as action cameras, drones and video surveillance systems. The trend towards high-definition images and video capture and the implementation of automation technologies across different sectors drives the need for a high-capacity Industrial Application RFID market. Strong security in large applications like inventory management, process tracking and other; and long distance objects reading features of RFID tags are key factors that have an impact on market growth. This also means that inventory tracking and equipment is needed in business. Furthermore, the growth of the global RFID sensor market is affected by automotive developments, rising demand for RFID sensors, a high RFID cost and collision tags.

Growth in demand for robust security and tracking inventory in business.

Optically-based system such as barcode does not offer unique solutions for inventory or equipment logistic tracking with read / write capability. RFID helps with stock updating and makes operation in retail transportation and product logistics convenient to supply chain management. The barcode information is fixed and can not be changed. In contrast, RFID tags have a computer-like electronic memory to store data. This data is used for different applications, including retail, transport, corporate security as well as major commercial applications. In addition, RFID tags installed in the gemstores help to identify unauthorized attempts by activating an alarm to remove Jewelry items. Compared with barcode scanners, this mechanism provides solid security.

Major players profiled in the global RFID for industrial applications market report include Zebra Technologies, Honeywell, Acreo Swedish Ict, Datalogic, Avery Dennison, Alien Technology,  Cipher Lab, Checkpoint Systems and Corerfid among others.

Report Description

Identification of radio frequency i.e. RFID is a wireless non-contact system that uses electromagnetic radiofrequency fields in order to transfer tag data from an object to automatic identification and tracking. RFID applications are used to control safety or access, collect mail, track animals and cars, etc. For example, the use of RFID tags can be made for monitoring progress through assembly lines in the course of manufacture in many industries, and even pharmaceuticals can also be tracked through warehouses. RFID Tags are used in many industries.RFID is a bar code-like technology. The RFID tag must not be directly scanned, however, or a reader needs a line-of-view. The RFID tags must be read from 3 to 300 feet within an RFID reader range. These tags have a wide field of retail, security, aerospace and transportation applications. Systems which are optically based, such as bar-code fails to offer unique Tagss with read and write capabilities for the logistic tracking of inventory or equipment. RFID helps to manage stock updates and to make operation convenient for retail supply chain management in transportation & product logistics.

This increase in the size of the market is due to an increase in the number of software Tags providers entering the RFID industry. Different software Tags companies have the potential to offer frequency bands including tracking, analysis and inventory management by creating cloud-based supply chain management systems. This helps end users to know if a product is missing. It also helps to strengthen the supply chain by reducing the future loss of finished products. Such market behaviour, as medium size retailers can use such Tagss, is extremely favorable to the market of RFID. Rough security in broad applications such as inventory management, production process tracking and other applications as well as long distance read object functionality of RFID tags are the key factors that have an impact on market development. In addition, the development in the automotive industry has affected the growth of the global RFID sensors market as demand for RFID sensors increases, high RFID cost, tag collisions. These factors are expected to drive market growth or hinder it. Tag collision occurs in cases where an RFID reader cannot simultaneously read signals from several tags. Interferences in systems such as fork-lifts or walkie-talkies were observed in RFID, for example. Furthermore, these radio waves are affected by the presence of mobile phone towers.

The global RFID market is segmented on the basis of product, frequency band, type, application type and geography. Based on product, the global market is bifurcated into tags, readers and softwares. On the basis of frequency band, the global RFID market is segmented into low frequency, high frequency and ultrahigh frequency. By type, the global market is categorized into active and passive. Geographically, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

The key global players of RFID market are Coridian Technologies, Inc., Vitaran Electronics, ELA Innovation, Invengo Technology Pte. Ltd., Balluff Inc., AB&R (American Barcode and RFID), VisuaScan Inc., Imprint Enterprises, AbeTech Corporate and SMARTRAC Industries among others.

Table of Content

Chapter 1. Executive Summary

Chapter 2. Market Introduction

Chapter 3. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – Key Industry Dynamics

  • 3.1. Key Market Drivers
  • 3.2. Key Market Restraints
  • 3.3. Market Opportunities
  • 3.4. Future Trends
  • 3.5. Impact Analysis of Drivers and Restraints

Chapter 4. Global RFID Market – Analysis and Revenue Forecast 2018-2025

Chapter 5. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – By Product

  • 5.1. Tags
  • 5.2. Readers
  • 5.3. Software

Chapter 6. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – Frequency Band

  • 6.1. Low Frequency
  • 6.2. High Frequency
  • 6.3. Ultrahigh Frequency

Chapter 7. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – Type

  • 7.1. Active
  • 7.2. Passive

Chapter 8. Global RFID Market – Analysis and Revenue Forecast 2018-2025 – By Region

  • 8.1. North America
  • 8.2. Europe
  • 8.3. Asia-Pacific
  • 8.4. Latin America
  • 8.5. Middle East & Africa

Chapter 9. North America RFID Market – Analysis and Revenue Forecast 2018-2025

  • 9.1. North America RFID Market – By Product
    • 9.1.1. Tags
    • 9.1.2. Readers
    • 9.1.3. Software
  • 9.2. North America RFID Market – By Frequency band
    • 9.2.1. Low Frequency
    • 9.2.2. High Frequency
    • 9.2.3. Ultrahigh Frequency
  • 9.3. North America RFID Market – By Type
    • 9.3.1. Active
    • 9.3.2. Passive
  • 9.4. North America RFID Market – By Country
    • 9.4.1. U.S.
    • 9.4.2. Canada

Chapter 10. Europe RFID Market – Analysis and Revenue Forecast 2018-2025

  • 10.1. Europe RFID Market – By Product
    • 10.1.1. Tags
    • 10.1.2. Frequency bands
    • 10.1.3. Software
  • 10.2. Europe RFID Market – By Frequency band
    • 10.2.1. Low Frequency
    • 10.2.2. High Frequency
    • 10.2.3. Ultrahigh Frquency
  • 10.3. Europe RFID Market – By Type
    • 10.3.1. Active
    • 10.3.2. Passive
  • 10.4. Europe RFID Market – By Country
    • 10.4.1. Germany
    • 10.4.2. France
    • 10.4.3. UK
    • 10.4.4. Spain
    • 10.4.5. Italy
    • 10.4.6. Rest of Europe

Chapter 11. Asia-Pacific RFID Market – Analysis and Revenue Forecast 2018-2025

  • 11.1. Asia-Pacific RFID Market – By Product
    • 11.1.1. Tags
    • 11.1.2. Frequency bands
    • 11.1.3. Software
  • 11.2. Asia-Pacific RFID Market – By Frequency band
    • 11.2.1. Low Frequency
    • 11.2.2. High Frequency
    • 11.2.3. Ultrahigh Frequency
  • 11.3. Asia-Pacific RFID Market – By Type
    • 11.3.1. Active
    • 11.3.2. Passive
  • 11.4. Asia-Pacific RFID Market – By Country
    • 11.4.1. China
    • 11.4.2. India
    • 11.4.3. Japan
    • 11.4.4. South Korea
    • 11.4.5. Rest of Asia-Pacific

Chapter 12. Latin America RFID Market – Analysis and Revenue Forecast 2018-2025

  • 12.1. Latin America RFID Market – By Product
    • 12.1.1. Tags
    • 12.1.2. Frequency bands
    • 12.1.3. Software
  • 12.2. Latin America RFID Market – By Frequency band
    • 12.2.1. Low Frequency
    • 12.2.2. High Frequency
    • 12.2.3. Ultrahigh Frequency
  • 12.3. Asia-Pacific RFID Market – By Type
    • 12.3.1. Active
    • 12.3.2. Passive
  • 12.4. Latin America RFID Market – By Country
    • 12.4.1. Brazil
    • 12.4.2. Mexico
    • 12.4.3. Rest of Latin America

Chapter 13. Middle East & Africa RFID Market – Analysis and Revenue Forecast 2018-2025

  • 13.1. Middle East & Africa RFID Market – By Product
    • 13.1.1. Tags
    • 13.1.2. Frequency bands
    • 13.1.3. Software
  • 13.2. Middle East & Africa RFID Market – By Frequency band
    • 13.2.1. Low Frequency
    • 13.2.2. High Frequency
    • 13.2.3. Ultrahigh Frequency
  • 13.3. Middle East & Africa RFID Market – By Type
    • 13.3.1. Active
    • 13.3.2. Passive
  • 13.4. Middle East & Africa RFID Market – By Country
    • 13.4.1. UAE
    • 13.4.2. Saudi Arabia
    • 13.4.3. Turkey
    • 13.4.4. Rest of Middle East & Africa

Chapter 14. Competitive Analysis

  • 14.1.1. Competition Dashboard
  • 14.1.2. Company Profiles
    • 14.1.2.1. Coridian Technologies, Inc.
    • 14.1.2.2. Vitaran Electronics
    • 14.1.2.3. ELA Innovation
    • 14.1.2.4. Invengo Technology Pte. Ltd.
    • 14.1.2.5. Balluff Inc.
    • 14.1.2.6. AB&R (American Barcode and RFID)
    • 14.1.2.7. VisuaScan Inc.
    • 14.1.2.8. Imprint Enterprises
    • 14.1.2.9. AbeTech Corporate
    • 14.1.2.10. SMARTRAC Industries
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