RFID Tags Market – Forecast till 2027

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The global RFID Tags market is evaluated to reach a considerable CAGR of 13.67% during the review period to record a market value of USD 7,982.2 million by 2027.

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RFID Tags Market – Forecast till 2027

Market Snapshot
The global RFID Tags market is evaluated to reach a considerable CAGR of 13.67% during the review period to record a market value of USD 7,982.2 million by 2027. The emerging trend of chipless RFID solutions is expected to create various lucrative opportunities for manufacturers across the globe. Chipless RFID with uninvolved tags is among the most recent mechanical advancements in the RFID tags market. These gadgets can be 3D imprinted on various materials, making them simple to fabricate and naturally maintainable. Furthermore, because of the low assembling cost and non-line of label location highlights, chipless RFID innovation is reasonable to supplant the customarily utilized standardized tags. Imprinting on various materials is particularly useful in the business setting. The maker has the freedom to mark the RFID per their rules, which isn’t true for scanner tags.

The overall RFID tags market is a serious business, with various players spread across the globe, fundamentally in North America and Asia-Pacific. The mechanical degrees of progress and ceaseless investigation have been upheld basically over the course of the past 10 years, with new equipment and plan to be familiar to streamline the market and take extraordinary consideration of a broad assortment of end-client organizations. The RFID tags market is projected to create at a basic rate all through the accompanying decade due to the factors referred to underneath.

Market Segmentation
The Global RFID Tags Market is segmented in terms of Frequency, standard, application, and region.

Based on the frequency the market has been classified into low frequency, high frequency, and ultra-high frequency. The standard segment covers ISO 14443, ISO 18000-3, ISO 18000-6, ISO 15693, and Others. The Application type includes Transportation, Agriculture, Logistics, Healthcare, Aerospace, Retail, and Others.

Regional Analysis
The geographical market for the global RFID tags is spread across North America, Europe, Asia-Pacific, South America, Middle East & Africa.

The US market has seen an expansion in the reception of RFID tags for a few applications in the assembling, medical services, transportation and coordinated factors, production network, creature following, and retail enterprises. The utilization of RFID is high in production networks observing for following resources progressively. Different medical clinics in the US use RFID tags for applications, for example, hardware following, patient observing, and other following errands. The rising need to further develop stock administration and the ascent in the shipment of bundled products through web-based business are key elements speeding up the development of the RFID tags in the US.

The European market is supposed to contribute critical income offer to the RFID tags market, attributable to expanding reception from food and drink producers. RFID tags are for the most part utilized in the assembling and retail enterprises. Furthermore, the rising government drives, developing speculations by aviation and airplane producers, and steady ascent sought after for minimal expense models have prompted the development of the district’s RFID tags market. Moreover, the reception of RFID tags has empowered clinics to represent clinical hardware and track and screen patients and clinical examples, for example, test cylinders and blood sacks, consequently supporting the development of the RFID tags market in Europe.

Major Players
The key players in the global RFID Tags market include NXP Semiconductors N.V., Invengo Information Technology Co., Ltd, Honeywell International Inc, HID Global Corporation, Applied Wireless, Inc, OMNI-ID, CORERFID LTD, GAO RFID Inc, Caen RFID S.R.L, Alien Technology, LLC, Impinj, Inc, Avery Dennison Corporation, Zebra Technologies Corp, Tageos, and Identiv, Inc. among others.

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Table of Contents

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 OVERVIEW

4.2 DRIVERS

4.2.1 INCREASED DEMAND FOR PACKAGED GOODS AND SHIPMENTS

4.2.2 GROWING MARKET COMPETITIVENESS LEADING TO AVAILABILITY OF COST-EFFECTIVE RFID SOLUTIONS

4.2.3 INCREASING REGULATIONS AND GOVERNMENT INITIATIVES

4.2.4 DRIVERS IMPACT ANALYSIS

4.3 RESTRAINT

4.3.1 CONCERNS REGARDING DATA SECURITY AND PRIVACY

4.3.2 HIGH PURCHASE, INSTALLATION, AND MAINTENANCE COSTS

4.4 OPPORTUNITY

4.4.1 GROWING TREND OF CHIPLESS RFID SOLUTIONS

4.4.2 RISING ADOPTION OF RFID TAGS IN INDUSTRY 4.0, IOT, AND SMART MANUFACTURING

4.5 CHALLENGES

4.5.1 LACK OF BACKEND SUPPORT FOR LARGE VOLUMES OF DATA

4.6 COVID-19 IMPACT ANALYSIS

4.6.1 ECONOMIC IMPACT ON THE MANUFACTURING INDUSTRY

4.6.2 IMPACT ON THE RFID INDUSTRY

4.6.2.1 IMPACT ON PRODUCTION

4.6.2.2 IMPACT ON SUPPLY CHAIN

4.6.2.3 IMPACT ON RAW MATERIALS

4.6.2.4 CASH FLOW CONSTRAINTS

4.6.3 IMPACT ON WORLD TRADE

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS

5.1.1 COMPONENT SUPPLIERS

5.1.2 RFID TAG MANUFACTURERS

5.1.3 DISTRIBUTION CHANNELS

5.1.4 END USE

5.2 PORTER’S FIVE FORCES MODEL

5.2.1 THREAT OF NEW ENTRANTS

5.2.2 BARGAINING POWER OF SUPPLIERS

5.2.3 THREAT OF SUBSTITUTES

5.2.4 BARGAINING POWER OF BUYERS

5.2.5 RIVALRY

6 GLOBAL RFID TAGS MARKET, BY FREQUENCY

6.1 INTRODUCTION

6.2 LOW FREQUENCY

6.3 HIGH FREQUENCY

6.4 ULTRA-HIGH FREQUENCY

7 GLOBAL RFID TAGS MARKET, BY STANDARD

7.1 INTRODUCTION

7.2 ISO 14443

7.3 ISO 18000-3

7.4 ISO 18000-6

7.5 ISO 15693

7.6 OTHERS

8 GLOBAL RFID TAGS MARKET, BY APPLICATION

8.1 INTRODUCTION

8.2 TRANSPORTATION

8.3 AGRICULTURE

8.4 LOGISTICS

8.5 HEALTHCARE

8.6 AEROSPACE

8.7 RETAIL

8.8 OTHERS

9 GLOBAL RFID TAGS MARKET, BY REGION

9.1 OVERVIEW

9.2 NORTH AMERICA

9.2.1 US

9.2.2 CANADA

9.2.3 MEXICO

9.3 EUROPE

9.3.1 GERMANY

9.3.2 UK

9.3.3 FRANCE

9.3.4 ITALY

9.3.5 REST OF EUROPE

9.3.6 RUSSIA

9.4 ASIA-PACIFIC

9.4.1 CHINA

9.4.2 JAPAN

9.4.3 INDIA

9.4.4 SOUTH KOREA

9.4.5 REST OF ASIA-PACIFIC

9.5 MIDDLE EAST & AFRICA

9.5.1 UAE

9.5.2 SAUDI ARABIA

9.5.3 SOUTH AFRICA

9.5.4 REST OF MIDDLE EAST & AFRICA

9.6 SOUTH AMERICA

9.6.1 BRAZIL

9.6.2 ARGENTINA

9.6.3 REST OF SOUTH AMERICA

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW

10.2 MARKET SHARE ANALYSIS

10.3 COMPETITIVE BENCHMARKING

10.4 COMPETITOR DASHBOARD

10.5 KEY DEVELOPMENTS & GROWTH STRATEGIES

10.5.1 PRODUCT LAUNCHES/PRODUCT DEVELOPMENTS/SERVICE DEPLOYMENTS

11 COMPANY PROFILE

11.1 NXP SEMICONDUCTORS N.V.

11.1.1 COMPANY OVERVIEW

11.1.2 FINANCIAL OVERVIEW

11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.4 K KEY DEVELOPMENTS

11.1.5 SWOT ANALYSIS

11.1.6 KEY STRATEGIES

11.2 INVENGO INFORMATION TECHNOLOGY CO., LTD

11.2.1 COMPANY OVERVIEW

11.2.2 FINANCIAL OVERVIEW

11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.2.4 KEY DEVELOPMENTS

11.2.5 KEY STRATEGIES

11.3 HONEYWELL INTERNATIONAL INC

11.3.1 COMPANY OVERVIEW

11.3.2 FINANCIAL OVERVIEW

11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.3.4 KEY DEVELOPMENTS

11.3.5 SWOT ANALYSIS

11.3.6 KEY STRATEGIES

11.4 HID GLOBAL CORPORATION

11.4.1 COMPANY OVERVIEW

11.4.2 FINANCIAL OVERVIEW

11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.4.4 KEY DEVELOPMENTS

11.4.5 KEY STRATEGIES

11.5 APPLIED WIRELESS, INC

11.5.1 COMPANY OVERVIEW

11.5.2 FINANCIAL OVERVIEW

11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.5.4 KEY DEVELOPMENTS

11.5.5 KEY STRATEGIES

11.6 OMNI-ID

11.6.1 COMPANY OVERVIEW

11.6.2 FINANCIAL OVERVIEW

11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.6.4 KEY DEVELOPMENTS

11.6.5 KEY STRATEGIES

11.7 CORERFID LTD

11.7.1 COMPANY OVERVIEW

11.7.2 FINANCIAL OVERVIEW

11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.7.4 KEY DEVELOPMENTS

11.7.5 KEY STRATEGIES

11.8 GAO RFID INC

11.8.1 COMPANY OVERVIEW

11.8.2 FINANCIAL OVERVIEW

11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.8.4 KEY DEVELOPMENTS

11.8.5 KEY STRATEGIES

11.9 CAEN RFID S.R.L

11.9.1 COMPANY OVERVIEW

11.9.2 FINANCIAL OVERVIEW

11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.9.4 KEY DEVELOPMENTS

11.9.5 KEY STRATEGIES

11.10 ALIEN TECHNOLOGY, LLC

11.10.1 COMPANY OVERVIEW

11.10.2 FINANCIAL OVERVIEW

11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.10.4 KEY DEVELOPMENTS

11.10.5 KEY STRATEGIES

11.11 IMPINJ, INC

11.11.1 COMPANY OVERVIEW

11.11.2 FINANCIAL OVERVIEW

11.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.11.4 KEY DEVELOPMENTS

11.11.5 SWOT ANALYSIS

11.11.6 KEY STRATEGIES

11.12 AVERY DENNISON CORPORATION

11.12.1 COMPANY OVERVIEW

11.12.2 FINANCIAL OVERVIEW

11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.12.4 KEY DEVELOPMENTS

11.12.5 SWOT ANALYSIS

11.12.6 KEY STRATEGIES

11.13 ZEBRA TECHNOLOGIES CORP

11.13.1 COMPANY OVERVIEW

11.13.2 FINANCIAL OVERVIEW

11.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.13.4 KEY DEVELOPMENTS

11.13.5 SWOT ANALYSIS

11.13.6 KEY STRATEGIES

11.14 TAGEOS

11.14.1 COMPANY OVERVIEW

11.14.2 FINANCIAL OVERVIEW

11.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.14.4 KEY DEVELOPMENTS

11.14.5 KEY STRATEGIES

11.15 IDENTIV, INC

11.15.1 COMPANY OVERVIEW

11.15.2 FINANCIAL OVERVIEW

11.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.15.4 KEY DEVELOPMENTS

11.15.5 SWOT ANALYSIS

11.15.6 KEY STRATEGIES

Companies Mentioned

NXP Semiconductors N.V., Invengo Information Technology Co., Ltd, Honeywell International Inc, HID Global Corporation, Applied Wireless, Inc, OMNI-ID, CORERFID LTD, GAO RFID Inc, Caen RFID S.R.L, Alien Technology, LLC, Impinj, Inc, Avery Dennison Corporation, Zebra Technologies Corp, Tageos, and Identiv, Inc. among others

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