Chipless RFID Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-974 | Report Format : | Status : Upcoming |

Abstract

Global Chipless RFID Market: Overview

Radio frequency identification (RFID) is a wireless technology. Radio waves are used to read & capture data stored on the transponder and this data is attached to an object. The transponder is capable of reading data from long distance and does not require to be within direct line of sight of the reader to track information. Several transponders do not require the power source and can run on the electromagnetic fields, while some transponders emit radio waves and need limited power to run. Many manufacturers realized the significance of reasonable and efficient solutions to trace data for several applications including supply chain, smart card, and retail. It also offers advantages such as avoid the shrink in retail, asset tracking, and anti-counterfeiting.

Global Chipless RFID Market: Growth Factors

Growth in the global market is due to ease in manufacturing technology and high accuracy data are anticipated to foster the global chipless RFID market growth. In addition, decreasing cost and compatibility with existing infrastructure may foster the global market growth. Also, increasing spending on RFID by the government has opened up new growth opportunities in the global market. Increasing use of the chipless RFID in the public transit, supply chain, and aviation industries for creating hassle-free operations has spurred the growth of the global chipless RFID market. Growing need for chipless RFID in the supply chain visibility and inventory management has made the chipless RFID survive in the global market. Decreasing cost of the transponders is another reason for the growth in the global market. Conversely, prime factor that restraints the global chipless RFID market is its low memory.

Global Chipless RFID Market: Segmentation

The application segment of the global chipless RFID market includes supply chain, patient monitoring, smart cards, tracing healthcare & pharmaceutical equipment, retail, aviation industry, and public transit. Of these, public transit is the contributed for the largest market share due to reduced cost and rise functionality. Some of the public transport schemes use RFID technology such as T-Monet, Oyster Card, Saint Petersburg City Card, Octopus Card, and Ventra. These cards are not only used in local public transport but also in railway systems.

Global Chipless RFID Market: Regional Analysis

The geographical segmentation of the global chipless RFID market includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America contributed the largest market share in the global market. The U.S. is expected to be the dominating region in the chipless RFID market as it shows a significant growth in the next few years. Acceptance of this technology in the U.S. based companies increases inventory visibility and build their supply chain management in an effective way, fostering the global chipless RFID market growth. However, Food and Drugs Association and the US Department of Defense encourages the use of the RFID technology in the management of the supply chain for the tracing of products in this region.

Global Chipless RFID Market: Competitive Players

Major players in the global chipless RFID market are Inksure Technologies Inc., Zebra Technologies Corporation, Dai Nippon Printing Co. Ltd., Toppan Forms Co. Ltd., and BASF SE. Other players include Impinj Incorporation and Alien Technology Corporation.

Global Chipless RFID Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Wide Bandgap Semiconductors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2495 | Report Format:

Wide Bandgap Semiconductors Market: Overview The semiconductor material that offers the devices with the facility of operating in high voltages, high temperatures, and frequencies is known as wide-bandgap semiconductors. The wide-bandgap semiconductors are mainly used for making the blue green ...Read More

Enterprise Key Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2491 | Report Format:

Enterprise Key Management Market: Overview The tool that is used for providing the specific keys to the data that is encrypted is known as enterprise key management. The solutions of the enterprise key management can be used in both on the cloud and on-premise. When the solutions are managed on ...Read More

Regulatory Reporting Solutions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2488 | Report Format:

Regulatory Reporting Solutions Market: Overview The enterprises are largely adopting the regulatory reporting solutions as they help in automating the workflow which further helps in reporting and monitoring. The growing enforcement measures have increased the need for the enterprises to adopt t...Read More

Payment Bank Solutions Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2487 | Report Format:

Payment Bank Solutions Market: Overview In the recent years, there has been an increasing demand for the online transactions and the increasing integration of the digitization has made the banks to offer several options for the banking payments. These payment banks have modernized the banking so...Read More

Audio Codec Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2480 | Report Format:

Audio Codec Market: Overview The device audio codec is used for the conversion of the analog and digital audio signals for the purpose of storage or transmission. The hardware device of the audio codec has the facility of both the digital-to-analog converter and analog-to-digital converter thus ...Read More

Choose License Type:
Latest Published Reports

View All Published Reports