Semiconductor and Electronics

Global RFID Readers Market 2016-2020

  • TEC367272
  • 47 Pages
  • December 2015
  • Semiconductor and Electronics
Market outlook of the global RFID readers market
RFID readers play a critical role in inventory management and are finding tremendous response in many big stores, supermarkets, hypermarkets, and apparel stores. This market research report by Technavio emphasizes on the involvement of RFID readers in different end-user segments like healthcare, transportation, and retail. The increasing incorporation of RFID readers in these segments is expected to result in its impressive market growth rate of more than 21% by 2020.

The ability of RFID readers to reduce errors pertaining to data entry is a key driver for the growth of this market. With the introduction of RFID and barcode systems firms are able to record and recognize data entries automatically with more precision. It not only helps in the automation of data entries but also corrects warehouse errors. The ability of these readers to facilitate the efficient tracking of assets is a significant factor that is expected to foster its adoption during the forecast period.

End-user segmentation of the RFID readers market
Retail
Transportation
Logistics
Manufacturing

Technavios market research analyst estimates the retail segment to retain its dominating hold over the market by 2020. The growing need to improve inefficiencies in the supply chain is a critical factor that results in this segments high market share of nearly 58% by 2020.

Geographical segmentation of the RFID readers market
Americas
EMEA
APAC

In this market research, analysts estimate the Americas to account for an impressive market share of more than 51% by 2020. The introduction of stringent mandates that necessitates the usage of RFID devices in various sectors like transportation and healthcare is expected to impel market growth during the forecast period.

Competitive landscape and key vendors
The global RFID readers market is highly fragmented due to the presence of numerous large and small vendors. The competitive environment in this market is expected to intensify during the forecast period owing to factors like the increase in R&D innovations by vendors and the expansion of key vendors into the APAC region.

The top four leading vendors of the market include -
Alien Technology
Honeywell
Impinj
Zebra Technologies

The other prominent vendors of the market include Applied Wireless Identification Group, ThingMagic, Datalogic, RF Ideas, TSL, CAEN RFID, Cipher Lab, Fieg Electronics, Unitech, GAO RFID, and Mojix.

Key questions answered in the report
What are the key factors driving the RFID readers market?
What are the key market trends impacting the growth of the RFID readers market?
What are the various opportunities and threats faced by the RFID readers market?
Trending factors influencing the market shares for the Americas, EMEA, and APAC?
Key outcome of the five forces analysis on the RFID readers market?
Growth forecast of the RFID readers market until 2020?

Technavio also offers customization on reports based on specific client requirement.

Related reports
Global RFID Market for Retail Applications 2015-2019
Global Sourcing of RFID Tags Market 2014-2018
Global RFID Middleware Market 2014-2018
Global RFID Smart Cabinet Market 2014-2018
Global RFID Market 2014-2018

Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Optical Network Components Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Optical network components referred to the devices which are used to communicate among different telecommunications network. These devices use light signal to transmit the information which is to be send ...

January 2018| $4995 | Pre Book Price:$4371

Nanophotonics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Nanophotonics are the combination of nanotechnology, photonics and optoelectronics which has impacted a wide range of fields such as health care, information technology and others. It has revolutionized the semiconductor ...

January 2018| $4995 | Pre Book Price:$4371

Portable Medical Electronic Equipment Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Portable medical electronic equipment is designed to aid in the diagnosis, monitoring or treatment of medical conditions with display of data on mobile computing device such as a smart phone ...

January 2018| $4995 | Pre Book Price:$4371

Insulated Gate Bipolar Transistor (IGBT) Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

The Insulated Gate Bipolar Transistor (IGBT) is an electronic semiconductor device with large bipolar current-carrying competence and high input impedance. IGBT is useful in reducing the power supply congestion which ...

January 2018| $4995 | Pre Book Price:$4371

Head-Up-Display Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

A head-up display or HUD is any transparent display that shows data without need of users to look away from their usual angle. A HUD has the benefit that the ...

January 2018| $4995 | Pre Book Price:$4371

System in Package Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

System in package (SiP) is a module where numbers of integrated circuits are enclosed. It is typically used inside a mobile phone, digital music player, etc. to perform several functions ...

January 2018| $4995 | Pre Book Price:$4371

2018 © Copyright Big Market Research

View Pricing >>