According to the RFID Market report, the global market is expected to witness a relatively higher growth rate during the forecast period. The RFID market emphases on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis. Both established and new players in the industry can use this report for complete understanding of the market. Analysis and Consumer Needs by major regions, types, applications in Global market considering the past, present and future state of the RFID industry. Delivering the key insights pertaining to this industry, the report provides an in-depth analysis of the latest trends, present and future business scenario, market size and share of Major Players such Honeywell International Inc, HID Global Corporation, Impinj, Inc, IBM Corporation, Invengo Technology Pte Ltd, NXP Semiconductors, Protrac iD, ACTATEK (UK) Ltd,
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Global RFID market is to register a healthy CAGR of 11.72% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to deployment of RFID in production facilities, safety & authentication implementation and increase government policies.
Market Dynamics:
Set of qualitative information that includes PESTEL Analysis, PORTER Five Forces Model, Value Chain Analysis and Macro Economic factors, Regulatory Framework along with Industry Background and Overview.
Global RFID Research Methodology
Data Bridge Market Research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.
Major Drivers and Restraints of the RFID Industry
Growing demand for personalized medicine is expected to create new opportunity for the RFID market.
Clinical trial digitization allows the processing in different forms of voluminous patient-related data. Such data are being used by pharmaceutical companies to improve the effectiveness of trial execution.
Growing demand for quality data is expected to drive the market growth. Some of the other factors such as increasing demand for personalized drugs, increasing adoption of new technology in clinical research, growing research & development promoting outsourcing and increasing diseases prevalence will drive the market in the forecast period of 2020 to 2027
The titled segments and sub-section of the market are illuminated below:
By Products
Tags
Readers
Software
By Tags
Wafer Size
200mm
300mm
Others
Tag Type
Passive RFID
Active RFID
Frequency
Low Frequency
High Frequency
Ultra-High Frequency
Active Ultra-High Frequency
Application
Agriculture
Animal Tracking
Farm Automation
Food Traceability
Cold Chain
Others
Commercial Advertising
Industrial Material Management
IT Asset Tracking
Kiosk
Laundry
Jewelry Tracking
Others
Transportation
Car Clickers
Road Tolling
Automotive Ignition Systems
Intelligent Transportation System
Parking Management
Others
Healthcare
Laboratory Management
Patients Management
Waste Management
Drugs Management
Equipment Management
Other
Logistic and Supply Chain
Postal and Courier
Asset Tracking
Freight Tracking System
Container Tracking
Others
Aerospace
Baggage Tracking
Flyable Parts Tracking
Materials Management
Lifetime Traceability
MRO
Others
Defense
Border Security
Weapon Movement Tracking
Soldier Movement Tracking
Others
Retail
Apparel
Jewelry
Others
Security and Access Control
Access Control
Counterfeiting and Theft Control/Prevention
Passport
Others
Sports
Form Factor
Button
Card
Implants
Key Fob
Label
Paper Tickets
Wristband
Others
Screw
Tie Wrap
Boltable
Shackle
Cinch
Sling
Embeddable
Eyelet
Push
By Material
Plastic
Paper
Metal
Glass
Others
Rubber
Ceramic
Silicon
By End User
Industrial
Transportation
Retail
Consumer Package Goods
Healthcare
Education
Others
Region Included are:
United States, Europe, China, Japan, Southeast Asia, India & Central & South America
Top Players in the Market are Alien Technology, LLC, AVERY DENNISON CORPORATION, Brady Worldwide, Inc, BT, Checkpoint Systems, Inc, Confidex Ltd, Datalogic SpA, RFID, INC, Siemens, Smartrac NV, TagMaster amongst others.
How will the report help new companies to plan their investments in the RFID market?
The RFID market research report classifies the competitive spectrum of this industry in elaborate detail. The study claims that the competitive reach spans the companies of .
The report also mentions about the details such as the overall remuneration, product sales figures, pricing trends, gross margins, etc.
Information about the sales & distribution area alongside the details of the company, such as company overview, buyer portfolio, product specifications, etc., are provided in the study.
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Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: RFID Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: RFID Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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