Global RFID Equipment Market to Witness Impressive Growth, Revenue to Surge to USD 63.7 Billion By 2028

12-Aug-2021 | Zion Market Research

The global RFID Equipment market accounted for USD 14.5 Billion in 2020 and is expected to reach USD 63.7 Billion by 2028, growing at a CAGR of 20.1% from 2021 to 2028.              

The report covers forecast and analysis for the RFID Equipment market on a global and regional level. The study provides historic data of 2016 to 2019 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the RFID Equipment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the RFID Equipment market on a global level.

This report offers comprehensive coverage on global RFID Equipment market along with, market trends, drivers, and restraints of RFID Equipment market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the RFID Equipment market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases, secondary and primary research team of industry experts. Research analysts and consultants cooperate with leading companies of the concerned domain to verify every value of data exists in this report.

The region that is having an influential share in the Global RFID Equipment Market is North America region. Owing to the huge developments and a higher rate of adoption, North America RFID Equipment market contributes the highest market in 2020. In addition, the large automotive tires market in the region drives growth of the market.  Whereas huge demand for the RFID devices from retail and consumer goods industry verticals are like to boost the RFID Equipment market in the Asia Pacific. The RFID Equipment market in this region is likely to grow at a highest CAGR over the forecast period.

Global RFID Equipment Market Size

The study offers a vital outlook on the RFID Equipment market by designating the market based on product type, wafer-size type, frequency type, application, end user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. On a product basis, the segmentation is tags, reader, and software. Whereas, on the basis of wafer-size RFID equipment market is categorized as 200mm, 300m, and others. Further, frequency wise the classifications are low, high, and ultra-high frequencies. Furthermore, on an application basis, they are divided into aerospace, defense, healthcare, animal tracking, retail, sports, security and access control, transportation and others. The geographical segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Furthermore, these major regions are bifurcated into major countries such as U.S., Canada, Mexico, Poland, Russia, UK, France, Germany, China, Japan, India, South Korea, ASEAN, Brazil, and Argentina.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Savi Technology, Inc., Intermec Inc., Zebra Technologies Corporation, NXP Semiconductors, Avery Dennison, Checkpoint Systems Inc., Gemalto NV, Motorola and Alien Technology amongst others.

Browse the full RFID Equipment Market By Product Type (Tags, Readers, and Software), Wafer-size Type (200mm, 300mm, and Others) By Frequency Type (Low, High, and Ultra-high), and By Application (Healthcare, Aerospace, Defense, Logistics and transportation, Retail, Security and access control application, Automotive, and Animal Tracking): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/rfid-equipment-market

The report segments the RFID Equipment Market into:

By Product Type

  • Tags
  • Readers
  • Software

By Wafer-size Type

  • 200mm     
  • 300mm   
  • Others      

By Frequency Type

  • Low       
  • High        
  • Ultra-high    

By Application

  • Healthcare
  • Aerospace
  • Defense, Logistics and transportation, and Retail
  • Security and access control application
  • Automotive
  • Animal Tracking

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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