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Global RFID market Size study, by Product type (tags, readers, services & software) by frequency (low frequency, high frequency, ultra-high frequency) by application (agriculture, commercial, transportation, healthcare, logistics and supply chain, aerospace, defence, retail, security and access control, sports, animal tracking, ticketing) by form factor (card, implant, key fob, label, paper ticket, bands, others) and Regional Forecasts 2021-2027

  • BIZ4789660
  • 200 Pages
  • January 2022
  • ICT & Media
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Global RFID market is valued at approximately USD 9.71 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10.2 % over the forecast period 2021-2027. Radio Frequency Identification (RFID) uses electromagnetic fields to automatically track and identify tags attached to objects. It is a wireless system which consists of two components: tags and readers. Increasing installation of RFID in manufacturing units due to COVID-19 has forecasted an increase in the demand for radio frequency detection market. For Instance: As per Institute of Electric and Electronic Engineers, there is an upsurge in the market for RFID in 2018 from US$ 100 million to US$ 343 million in 2020 due to increase in the contact tracing after COVID 19. However, high purchase, installation and maintenance costs impede the growth of the market over the forecast period of 2021-2027. Also, the rising need for contact tracking solutions due to COVID-19 is likely to increase the market growth during the forecast period.

The regional analysis of the global RFID market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increased installation of RFID systems in manufacturing units due to rise in COVID 19 has increased the demand for RFID systems in the United States. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising adoption of new technologies in several industries like healthcare, aerospace, commercial, agriculture would create lucrative growth prospects for the RFID market across Asia-Pacific region.

Major market players included in this report are:

Honeywell international inc.

Avery demission corporation

Motorola solutions inc.

CAEN RFID S.L.R

Applied wireless identification group, inc.

ALIEN technology

Invengo information technology co., ltd.

Savi technology

IMPINJ INC.

Checkpoint Systems Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Tags

Readers

Software and services

By frequency:

Low frequency

High frequency

Ultra-high frequency

By Application:

Agriculture

Commercial

Transportation

Healthcare

Logistics and supply chain

Aerospace

Defense

Retail

Security and access control

Sports

Animal tracking

Ticketing

By form factor:

Card

Implant

Key fob

Label

Paper ticket

Band

others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global RFID market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Global RFID Market, by Region, 2019-2027 (USD Billion)

1.2.2. Global RFID Market, by Product type, 2019-2027 (USD Billion)

1.2.3. Global RFID Market, by frequency, 2019-2027 (USD Billion)

1.2.4. Global RFID Market by Application, 2019-2027 (USD Billion)

1.2.5. Global RFID market by Form Factor, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global RFID Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global RFID Market Dynamics

3.1. RFID Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing installation of RFID systems in manufacturing units

3.1.2. Market Challenges

3.1.2.1. High purchase, installation and maintenance cost

3.1.2.2. Lack of expert workforce

3.1.3. Market Opportunities

3.1.3.1. Rising need for contact tracing solutions due to COVID-19

Chapter 4. Global RFID Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global RFID Market, by product type

5.1. Market Snapshot

5.2. Global RFID Market by Product Type, Performance - Potential Analysis

5.3. Global RFID Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)

5.4. RFID Market, Sub Segment Analysis

5.4.1. Tags

5.4.2. Readers

5.4.3. Software & Services

Chapter 6. Global RFID Market, by Frequency

6.1. Market Snapshot

6.2. Global RFID Market by Frequency, Performance - Potential Analysis

6.3. Global RFID Market Estimates & Forecasts by Frequency 2018-2027 (USD Billion)

6.4. RFID Market, Sub Segment Analysis

6.4.1. Low frequency

6.4.2. High frequency

6.4.3. Ultra-high frequency

Chapter 7. Global RFID Market, by Application

7.1. Market Snapshot

7.2. Global RFID Market by Application, Performance - Potential Analysis

7.3. Global RFID Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

7.4. RFID Market, Sub Segment Analysis

7.4.1. Agriculture

7.4.2. Commercial

7.4.3. Transportation

7.4.4. Healthcare

7.4.5. Logistics and supply chain

7.4.6. Aerospace

7.4.7. Defence

7.4.8. Retail

7.4.9. Security and access control

7.4.10. Sports

7.4.11. Animal tracking

7.4.12. Ticketing

Chapter 8. Global RFID Market, by Form Factor

8.1. Market Snapshot

8.2. Global RFID Market by Form Factor, Performance - Potential Analysis

8.3. Global RFID Market Estimates & Forecasts by Form Factor 2018-2027 (USD Billion)

8.4. RFID Market, Sub Segment Analysis

8.4.1. Card

8.4.2. Implant

8.4.3. Key fob

8.4.4. Label

8.4.5. Paper ticket

8.4.6. Band

8.4.7. others

Chapter 9. Global RFID Market, Regional Analysis

9.1. RFID Market, Regional Market Snapshot

9.2. North America RFID Market

9.2.1. U.S. RFID Market

9.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027

9.2.1.2. Frequency breakdown estimates & forecasts, 2018-2027

9.2.1.3. Application breakdown estimates & forecasts, 2018-2027

9.2.1.4. Form Factor breakdown estimates & forecasts, 2018-2027

9.2.2. Canada RFID Market

9.3. Europe RFID Market Snapshot

9.3.1. U.K. RFID Market

9.3.2. Germany RFID Market

9.3.3. France RFID Market

9.3.4. Spain RFID Market

9.3.5. Italy RFID Market

9.3.6. Rest of Europe RFID Market

9.4. Asia-Pacific RFID Market Snapshot

9.4.1. China RFID Market

9.4.2. India RFID Market

9.4.3. Japan RFID Market

9.4.4. Australia RFID Market

9.4.5. South Korea RFID Market

9.4.6. Rest of Asia Pacific RFID Market

9.5. Latin America RFID Market Snapshot

9.5.1. Brazil RFID Market

9.5.2. Mexico RFID Market

9.6. Rest of The World RFID Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Honeywell international inc.

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Avery demission corporation

10.2.3. Motorola solutions inc.

10.2.4. CAEN RFID S.L.R

10.2.5. Applied wireless identification group, inc.

10.2.6. ALIEN technology

10.2.7. Invengo information technology co., ltd.

10.2.8. Savi technology

10.2.9. IMPINJ INC.

10.2.10. Checkpoint systems Inc.

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global RFID market, report scope

TABLE 2. Global RFID market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global RFID market estimates & forecasts by Product Type 2018-2027 (USD Billion)

TABLE 4. Global RFID market estimates & forecasts by Frequency 2018-2027 (USD Billion)

TABLE 5. Global RFID market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global RFID market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. U.S. RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. U.S. RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 9. Canada RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Canada RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 11. UK RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. UK RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 13. Germany RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Germany RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 15. RoE RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. RoE RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 17. China RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. China RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. India RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. India RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Japan RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Japan RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. RoAPAC RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. RoAPAC RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Brazil RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Brazil RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Mexico RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. Mexico RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoLA RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. RoLA RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. Row RFID market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. Row RFID market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. List of secondary sources, used in the study of global RFID market

TABLE 34. List of primary sources, used in the study of global RFID market

TABLE 35. Years considered for the study

TABLE 36. Exchange rates considered

 
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