RFID Tags Market to Witness an Outstanding Growth during 2019-2026 – Honeywell, NXP Semiconductors, Alien Technology
RFID Tags market accounted for $4.91 billion in 2017 and is expected to reach $18.2 billion by 2026 growing at a CAGR of 15.7% during the forecast period. Some of the key factors such as rising demand for RFID tags in the aerospace industry, and the increasing number of these tag applications within retail stores are driving the market growth. However, lack of a battery power as compared to others act as the restraining factor for the market growth.Major Key Players of the RFID Tags Market are:
Honeywell International, NXP Semiconductors, Alien Technology, AMS AG, Atmel Corp, Confidex Ltd, GAO RFID Inc., HID Global Corporation, Impinj, inc., Invengo Information Technology Co. Ltd., Omni-Id, Inc., RF Code, SMARTRAC N.V. and Zebra Technologies Corp.
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Radio-frequency identification (RFID) technology has completely across several sectors owing to the fact that they prevent theft of certain materials, track shipments in real time, and implement advanced technology at low cost. It is a type of wireless communication technology that uses radio waves to track and identify objects, with reduced costs, increased asset traceability and visibility, and improved reliability.
By geography, Asia Pacific is estimated to have a lucrative growth mainly due to the rising demand for these tags in this region. They are installed by the organizations as a piece of their security so as to prevent the risk of danger and loss. Organizations are continuously adopting automated product identification systems for their supply chain management system in order to improve the efficiency of their inventory allocation.
Major Types of RFID Tags Market covered are:
Tags
Software
Reader
Other Product Types
Major Applications of RFID Tags Market covered are:
Telemetry
Surveillance and Security
Transportation
Consumer Goods
House ware
Medical
Beauty
Research objectives:-
– To study and analyze the global RFID Tags consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the RFID Tags market by identifying its various sub-segments.
– Focuses on the key global RFID Tags manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the RFID Tags with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 RFID Tags Market Size
2.2 RFID Tags Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 RFID Tags Market Size by Manufacturers
3.2 RFID Tags Key Players Head office and Area Served
3.3 Key Players RFID Tags Product/Solution/Service
3.4 Date of Enter into RFID Tags Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global RFID Tags Sales by Product
4.2 Global RFID Tags Revenue by Product
4.3 RFID Tags Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global RFID Tags Breakdown Data by End User
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In the end, RFID Tags industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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