KEY FINDINGS The North America UHF RFID (RAIN) market is anticipated to project a CAGR of 11.04% during the forecast period, 2021-2028. The region is considered a leader with regard to innovating and pioneering in terms of the adoption of automation. Thus, the growing adoption of automation across several applications becomes a primary driver of market growth.
MARKET INSIGHTS Canada and the United States are evaluated for the North America UHF RFID (RAIN) market growth analysis.In Canada, the retail trade industry projected a steady growth between 2012 and 2019, with declining sales during the pandemic.
In 2020, while the retail sales in motor vehicles and parts declined, the sales in sectors like supermarkets, garden equipment, and building material increased. In addition, the sales at groceries increased by nearly 12% since they were categorized under essential commodities. Further, the domestic freight majorly moves by rail and truck.International freight is mainly handled through marine and air modes.
There are thirty-six short-line and regional railways operating in Canada.Moreover, industries are dependent on logistics and transportation networks to deliver secure, integrated, and rapid solutions to leverage their global supply chains.
The development and adoption of technology result in enhanced sustainability, reliability, efficiency, security, and safety for all modes of logistics, warehousing, and transportation activities. Such factors boost Canada market growth.
COMPETITIVE INSIGHTS Some of the eminent firms in the market include Impinj Inc, Checkpoint Systems, Securitag Assembly Group (SAG), NXP Semiconductors, etc.
Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation cater to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned 1. CAEN RFID SRL 2. CHECKPOINT SYSTEMS 3. IMPINJ INC 4. INVENGO TECHNOLOGY PTE LTD 5. JADAK- A NOVANTA COMPANY 6. LINXENS 7. LOWRY SOLUTIONS INC 8. MURATA MANUFACTURING CO LTD 9. NXP SEMICONDUCTORS 10. SECURITAG ASSEMBLY GROUP (SAG)
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