RFID Tags Market By Type (Active RFID and Passive RFID), By Frequency (High-Frequency RFID, Low-Frequency RFID and Ultra-High Frequency RFID), By End User (Healthcare, Retail, Electronics, Logistics and Supply Chain, Transportation and Other (Security and Surveillance, Defense, Agriculture, IT, etc.), Industry Trends, Estimation & Forecast, 2016 - 2024

October 2017

 Pages: 165

 ERC 9106

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RFID Tags Market was valued at $4.66 billion in 2016 and is projected to reach $13.65 billion by 2024, growing at a CAGR of 14.5 % from 2017 to 2024. By type, Passive RFID, generated the highest revenue share of $3.25 billion in 2016, growing at a CAGR of 13.8% in the global RFID Market.

RFID, also called as Radio Frequency Identification, is a small electronic device which is made up of two basic components namely tag antenna and integrated circuits. In the current scenario, RFID tags work as unique identifier for various object and entities in different industries. ICs or integrated circuits and are used for storing data in it which is expected to be read multiple times by the reader. However, antenna in RFID tag is a conductive or receiving component that enables the tag to exchange data with the reader. RFID tags are now highly applicable in a wide variety of commercial sectors such as retail, animal tracking, farming, manufacturing & logistics, security & access control, and consumer product.

Market Determinants

The global RFID tags market is majorly driven by the factors such as rising acceptance of advanced medical equipment, growing competition among software solution industries and huge application of RFID technology in military. In addition to this, rise in the use of RFID tags in different sectors such as healthcare, supply chain, and logistics are also some driving factors of the market growth. On the other hand, high initial cost of RFID system, complex installation might restrict the market growth. However, new antenna designs, increased memory, sensor integration, and increasing cloud based capabilities might bring future growth opportunities for the very market in the near future.

IMPACT ANALYSIS – RFID TAGS MARKET DETERMINANTS

RFID Tags Market

Market Segmentation

The global RFID Tags Market is categorized based on type, frequency, form factor, label type, chip type, end user, and geography. On the basis of type, the market can be segmented into active RFID and passive RFID. By frequency, it is categorized into high-frequency RFID, low-frequency RFID, and ultra-high frequency RFID. As per end user, the market is segregated into healthcare, retail, electronics, logistics, and supply chain, transportation and other. Geographically, the market is segmented into North America, Europe, APAC and Rest of the World.

The key market players of the global RFID tag market are, Zebra Technologies Corp., Omni-Id, Inc.,Impinj, inc., Smartrac N.V, Alien Technology, LLC, Confidex-OY, Honeywell International, Invengo Information Technology Co. Ltd.,Wavetrent, Ltd. and NXP Semiconductors Netherlands B.V. The key market players are focusing on mergers and acquisitions as their growth strategy and a mode of surviving in the competitive market. Moreover, they are also investing heavily in the development of nouveu and advanced solutions for their customers.

RFID Tags Market Segmentation

By Type
   • Active RFID
   • Passive RFID

By Frequency
   • Low Frequency
   • High Frequency
   • Ultra High Frequency

By Chip Type
   • Chipped
   • Chip less/Printed

By Wafer Size
   • 200mm
   • 300mm
   • 450mm and above

By Form Factor
   • Button
   • Card
   • Electronic Housing
   • Implants
   • Key Fob
   • Label
   • Paper Tickets
   • Wrist Band
   • Others

By Label Type
   • Plastic
   • Paper
   • Metal
   • Glass
   • Others

By End Use
   • Animal Tracking/Agriculture
   • Commercial
   • Healthcare
   • Transportation
   • Logistics and Supply Chain
   • Aerospace
   • Defense
   • Retail
         o Food & Beverage
         o Apparel and Footwear
         o Health & Beauty
         o House ware
   • Others (Security and Surveillance, Defense, Agriculture, IT, etc.)
   • Security and Access Control
   • Sports
By Geography
   North America
         • U.S.
         • Canada
         • Mexico
   Europe
         • UK
         • Germany
         • Italy
         • France
         • Spain
         • Netherlands
         • Rest of Europe
   Asia Pacific
         • India
         • China
         • Japan
         • Australia
          Korea
         • New Zealand
         • Rest of Asia Pacific
   Rest of World
         • Middle East
         • Africa
         • Latin America

RFID TAGS MARKET KEY PLAYERS

• Zebra Technologies Corp
• Omni-Id Inc.
• Impinj, Inc.
• Smartrac N.V
• Alien Technology, LLC.
• Confidex-OY
• Honeywell International
• Invengo Information Technology Co. Ltd.
• Wavetrent, Ltd.
• NXP Semiconductors Netherlands

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    What Information does this report contain?

    • What was the market size of the Global RFID Tags Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Global RFID Tags Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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