Global RFID Market – Readers, Tags and Software

Global RFID Market – Readers, Tags and Software

  • February 2019 •
  • 338 pages •
  • Report ID: 2841920 •
  • Format: PDF
Report Synopsis
The growth of the RFID market is predominantly driven by the rising need for efficient supply chain management in the developing economies of China, South East Asia & others in Asia, Middle East & Africa. In Logistics & Transportation and Healthcare & Medical sectors, the focus on RFID technology for the tracking and classification of travel & shipping and medical instruments is rising, and this is expected to drive the demand for the technology.

RFID Tags remain the largest product component within the RFID market, reaching a projected US$17 billion by 2024 from an estimated US$8.2 billion in 2018, during the 2018-2024 analysis period. Asia-Pacific region is anticipated the fastest growing market with a rapid CAGR of 16.3% over same period.

Research Findings & Coverage
• The global report on RFID analyzes the global market with respect to components, frequencies and applications
• RFID market size is estimated in this report by product component, frequency and application across all major countries
• The rising need of efficient supply chain management in emerging nations drives the RFID market growth
• Application of RFID Tags in Retail Sector to Take a Surge
• Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
• Major companies profiled – 47
• The industry guide includes the contact details for 295 companies

Product Outline

The report analyzes the market for the following key product components of RFID:
• Tags
• Readers
• Middleware & Software

The market for RFID studied in this report by frequency comprise the following:
• Low Frequency
• High Frequency
• Ultra-High Frequency

The market for major applications of RFID explored in this report include the following:
• Automotive
• Financial Services
• Healthcare & Medical
• Logistics & Transportation
• Agriculture
• Farming & Livestock
• Manufacturing
• Retail
• Other

Analysis Period, Units and Growth Rates
• The report reviews, analyzes and projects the global RFID market for the period 2015-2024 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2024

Geographic Coverage
• North America (United States, Canada and Mexico)
• Europe (Germany, the United Kingdom, France, Italy and Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea and Rest of Asia-Pacific)
• South America (Brazil, Argentina and Rest of South America)
• Rest of World