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RFID Equipment Market - Global Industry Analysis

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

Published Date: 12-Aug-2021 Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-2348 Status : Published

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.

Description

Market Overview    

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.  

Radio Frequency Identification (RFID) is a small electronic device consisting of a small chip, antenna and a two-way transmitter-receiver called interrogator. Radio waves are used to read the electronically stored information on the tags or objects. The technological advancements in RFIDs have resulted in real-time tracking of objects, animals, and other things by using electromagnetic fields. There are two types of RFID tags namely passive and active. The passive RFID tag does not contain a battery and the power is supplied by the reader.

COVID-19 Impact Analysis:

The global RFID Equipment market has witnessed a slight decline during the pandemic as the restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. However, the global markets are slowly opening to their full potential and theirs a surge in demand.

The market would remain lucrative in upcoming year.  The decrease in the global RFID Equipment market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.     

Growth Factors

RFIDs are used widely in various industries such as healthcare, logistics and transportation, security and access control, automotive, sports, retail, animal tracking, aerospace, defense and others. Due to its widened use, the market is anticipated to witness a significant growth in forecast horizon. Further, the increasing use of RFID technology in various verticals and low cost of RFIDs are expected to be the major factors driving the growth of this market. In addition, use of RFID technology in inventory management is expected to boost the growth of RFID equipment market in coming years. Inventory management involves keeping track of products or objects, storage of components required for production and monitoring the quantity of finished products. This is considered as one of the important drivers of this market because a slight negligence in inventory management can lead to a substantial financial loss. Furthermore, several governments have made animal tagging mandatory in order to track and monitor the animals using their unique Animal Identification Number (AIN).

However, high installation cost and maintenance cost of RFIDs are expected to be the factors restraining the growth of this market. Device inoperability away from the hostile environment is a major challenge for the market. In coming years, the wide use of RFIDs in public transportation, healthcare, animal tracking is expected to provide major potential opportunities for RFID equipment manufacturers.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview  

The segmentation of RFID equipment market is made on the basis of product, wafer-size, frequency, applications, and region. 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.

On the basis of product type, RFID tags segment is expected to dominate the global market owing to the increasing demand for RFID tags in the healthcare sector for the tracking and classification of medical instruments. In addition to this, upsurge in penetration of advanced technologies such as RAIN RFID tag in various industry verticals drives growth of this segment. Moreover, the aerospace and automotive industry is adopting the RFID technologies for inventory management of spare parts, the tracking of vehicles, and visibility in logistics operations. However, software segment is expected to witness highest growth rate during the forecast period.

Regional Analysis Preview  

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.

Key Market Players & Competitive Landscape

Some of key players in RFID Equipment Market are Savi Technology, Inc., Intermec Inc., Zebra Technologies Corporation, NXP Semiconductors, Avery Dennison, Checkpoint Systems Inc., Gemalto NV, Motorola and Alien Technology among others.

The global RFID Equipment Market is segmented as follows:   

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

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Wafer-size Types
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Product Type
        • 2.1.1.2. Market Attractiveness Analysis, By Wafer-size Type
        • 2.1.1.3. Market Attractiveness Analysis, By Frequency Type
        • 2.1.1.4. Market Attractiveness Analysis, By Application
        • 2.1.1.5. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global RFID Equipment Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 RFID Equipment Market – Product Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Product Type, 2020 & 2028
    • 4.2. Tags
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Readers
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Software
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 RFID Equipment Market – Wafer-size Type Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Wafer-size Type, 2020 & 2028
    • 5.2. 200mm
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. 300mm
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Others
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 RFID Equipment Market – Frequency Type Segment Analysis
    • 7.1. Overview
      • 7.1.1. Market Revenue Share, By Frequency Type, 2020 & 2028
    • 7.2. Low
      • 7.2.1. Market Size and Forecast, By Region (USD Billion)
      • 7.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.3. High
      • 7.3.1. Market Size and Forecast, By Region (USD Billion)
      • 7.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 7.4. Ultra-high
      • 7.4.1. Market Size and Forecast, By Region (USD Billion)
      • 7.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 7.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 8 RFID Equipment Market – Application Segment Analysis
    • 8.1. Overview
      • 8.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 8.2. Healthcare
      • 8.2.1. Market Size and Forecast, By Region (USD Billion)
      • 8.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 8.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 8.3. Aerospace
      • 8.3.1. Market Size and Forecast, By Region (USD Billion)
      • 8.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 8.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 8.4. Defense, Logistics and transportation, and Retail
      • 8.4.1. Market Size and Forecast, By Region (USD Billion)
      • 8.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 8.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 8.5. Security and access contrul application
      • 8.5.1. Market Size and Forecast, By Region (USD Billion)
      • 8.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 8.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 8.6. Automotive
      • 8.6.1. Market Size and Forecast, By Region (USD Billion)
      • 8.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 8.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 8.7. Animal Tracking
      • 8.7.1. Market Size and Forecast, By Region (USD Billion)
      • 8.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 8.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 8 RFID Equipment Market – Regional Analysis
    • 8.1. Overview
      • 8.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 8.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 8.2. North America
      • 8.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 8.2.2. North America Market Revenue, By Product Type, 2016 – 2028
      • 8.2.3. North America Market Revenue, By Wafer-size Type, 2016 – 2028
      • 8.2.4. North America Market Revenue, By Frequency Type, 2016 – 2028
      • 8.2.5. North America Market Revenue, By Application, 2016 – 2028
      • 8.2.6. U.S.
        • 8.2.6.1. U.S. Market Revenue, By Product Type, 2016 – 2028
        • 8.2.6.2. U.S. Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.2.6.3. U.S. Market Revenue, By Frequency Type, 2016 – 2028
        • 8.2.6.4. U.S. Market Revenue, By Application, 2016 – 2028
      • 8.2.7. Canada
        • 8.2.7.1. Canada Market Revenue, By Product Type, 2016 – 2028
        • 8.2.7.2. Canada Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.2.7.3. Canada Market Revenue, By Frequency Type, 2016 – 2028
        • 8.2.7.4. Canada Market Revenue, By Application, 2016 – 2028
      • 8.2.8. Mexico
        • 8.2.8.1. Mexico Market Revenue, By Product Type, 2016 – 2028
        • 8.2.8.2. Mexico Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.2.8.3. Mexico Market Revenue, By Frequency Type, 2016 – 2028
        • 8.2.8.4. Mexico Market Revenue, By Application, 2016 – 2028
    • 8.3. Europe
      • 8.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 8.3.2. Europe Market Revenue, By Product Type, 2016 – 2028
      • 8.3.3. Europe Market Revenue, By Wafer-size Type, 2016 – 2028
      • 8.3.4. Europe Market Revenue, By Frequency Type, 2016 – 2028
      • 8.3.5. Europe Market Revenue, By Application, 2016 – 2028
      • 8.3.6. Germany
        • 8.3.6.1. Germany Market Revenue, By Product Type, 2016 – 2028
        • 8.3.6.2. Germany Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.3.6.3. Germany Market Revenue, By Frequency Type, 2016 – 2028
        • 8.3.6.4. Germany Market Revenue, By Application, 2016 – 2028
      • 8.3.7. France
        • 8.3.7.1. France Market Revenue, By Product Type, 2016 – 2028
        • 8.3.7.2. France Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.3.7.3. France Market Revenue, By Frequency Type, 2016 – 2028
        • 8.3.7.4. France Market Revenue, By Application, 2016 – 2028
      • 8.3.8. U.K.
        • 8.3.8.1. U.K. Market Revenue, By Product Type, 2016 – 2028
        • 8.3.8.2. U.K. Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.3.8.3. U.K. Market Revenue, By Frequency Type, 2016 – 2028
        • 8.3.8.4. U.K. Market Revenue, By Application, 2016 – 2028
      • 8.3.9. Italy
        • 8.3.9.1. Italy Market Revenue, By Product Type, 2016 – 2028
        • 8.3.9.2. Italy Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.3.9.3. Italy Market Revenue, By Frequency Type, 2016 – 2028
        • 8.3.9.4. Italy Market Revenue, By Application, 2016 – 2028
      • 8.3.10. Spain
        • 8.3.10.1. Spain Market Revenue, By Product Type, 2016 – 2028
        • 8.3.10.2. Spain Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.3.10.3. Spain Market Revenue, By Frequency Type, 2016 – 2028
        • 8.3.10.4. Spain Market Revenue, By Application, 2016 – 2028
      • 8.3.11. Rest of Europe
        • 8.3.11.1. Rest of Europe Market Revenue, By Product Type, 2016 – 2028
        • 8.3.11.2. Rest of Europe Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.3.11.3. Rest of Europe Market Revenue, By Frequency Type, 2016 – 2028
        • 8.3.11.4. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 8.4.2. Asia Pacific Market Revenue, By Product Type, 2016 – 2028
      • 8.4.3. Asia Pacific Market Revenue, By Wafer-size Type, 2016 – 2028
      • 8.4.4. Asia Pacific Market Revenue, By Frequency Type, 2016 – 2028
      • 8.4.5. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 8.4.6. China
        • 8.4.6.1. China Market Revenue, By Product Type, 2016 – 2028
        • 8.4.6.2. China Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.4.5.3. China Market Revenue, By Frequency Type, 2016 – 2028
        • 8.4.5.4. China Market Revenue, By Application, 2016 – 2028
      • 8.4.6. Japan
        • 8.4.6.1. Japan Market Revenue, By Product Type, 2016 – 2028
        • 8.4.6.2. Japan Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.4.6.3. Japan Market Revenue, By Frequency Type, 2016 – 2028
        • 8.4.6.4. Japan Market Revenue, By Application, 2016 – 2028
      • 8.4.7. India
        • 8.4.7.1. India Market Revenue, By Product Type, 2016 – 2028
        • 8.4.7.2. India Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.4.7.3. India Market Revenue, By Frequency Type, 2016 – 2028
        • 8.4.7.4. India Market Revenue, By Application, 2016 – 2028
      • 8.4.8. South Korea
        • 8.4.8.1. South Korea Market Revenue, By Product Type, 2016 – 2028
        • 8.4.8.2. South Korea Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.4.8.3. South Korea Market Revenue, By Frequency Type, 2016 – 2028
        • 8.4.8.4. South Korea Market Revenue, By Application, 2016 – 2028
      • 8.4.9. South-East Asia
        • 8.4.9.1. South-East Asia Market Revenue, By Product Type, 2016 – 2028
        • 8.4.9.2. South-East Asia Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.4.9.3. South-East Asia Market Revenue, By Frequency Type, 2016 – 2028
        • 8.4.9.4. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 8.4.10. Rest of Asia Pacific
        • 8.4.10.1. Rest of Asia Pacific Market Revenue, By Product Type, 2016 – 2028
        • 8.4.10.2. Rest of Asia Pacific Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.4.10.3. Rest of Asia Pacific Market Revenue, By Frequency Type, 2016 – 2028
        • 8.4.10.4. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 8.5. Latin America
      • 8.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 8.5.2. Latin America Market Revenue, By Product Type, 2016 – 2028
      • 8.5.3. Latin America Market Revenue, By Wafer-size Type, 2016 – 2028
      • 8.5.4. Latin America Market Revenue, By Frequency Type, 2016 – 2028
      • 8.5.5. Latin America Market Revenue, By Application, 2016 – 2028
      • 8.5.6. Brazil
        • 8.5.6.1. Brazil Market Revenue, By Product Type, 2016 – 2028
        • 8.5.6.2. Brazil Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.5.6.3. Brazil Market Revenue, By Frequency Type, 2016 – 2028
        • 8.5.6.4. Brazil Market Revenue, By Application, 2016 – 2028
      • 8.5.7. Argentina
        • 8.5.7.1. Argentina Market Revenue, By Product Type, 2016 – 2028
        • 8.5.7.2. Argentina Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.5.7.3. Argentina Market Revenue, By Frequency Type, 2016 – 2028
        • 8.5.7.4. Argentina Market Revenue, By Application, 2016 – 2028
      • 8.5.8. Rest of Latin America
        • 8.5.8.1. Rest of Latin America Market Revenue, By Product Type, 2016 – 2028
        • 8.5.8.2. Rest of Latin America Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.5.8.3. Rest of Latin America Market Revenue, By Frequency Type, 2016 – 2028
        • 8.5.8.4. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 8.6. The Middle-East and Africa
      • 8.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 8.6.2. The Middle-East and Africa Market Revenue, By Product Type, 2016 – 2028
      • 8.6.3. The Middle-East and Africa Market Revenue, By Wafer-size Type, 2016 – 2028
      • 8.6.3. The Middle-East and Africa Market Revenue, By Frequency Type, 2016 – 2028
      • 8.6.4. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 8.6.5. GCC Countries
        • 8.6.5.1. GCC Countries Market Revenue, By Product Type, 2016 – 2028
        • 8.6.5.2. GCC Countries Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.6.5.3. GCC Countries Market Revenue, By Frequency Type, 2016 – 2028
        • 8.6.5.4. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 8.6.6. South Africa
        • 8.6.6.1. South Africa Market Revenue, By Product Type, 2016 – 2028
        • 8.6.6.2. South Africa Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.6.6.3. South Africa Market Revenue, By Frequency Type, 2016 – 2028
        • 8.6.6.4. South Africa Market Revenue, By Application, 2016 – 2028
      • 8.6.7. Rest of Middle-East Africa
        • 8.6.7.1. Rest of Middle-East Africa Market Revenue, By Product Type, 2016 – 2028
        • 8.6.7.2. Rest of Middle-East Africa Market Revenue, By Wafer-size Type, 2016 – 2028
        • 8.6.7.3. Rest of Middle-East Africa Market Revenue, By Frequency Type, 2016 – 2028
        • 8.6.7.4. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 8 RFID Equipment Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Frequency Type Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9 Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global RFID Equipment Market: Company Market Share, 2019
      • 9.1.2. Global RFID Equipment Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 9.1.3. Global RFID Equipment Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global RFID Equipment Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10 Company Profiles
    • 10.1. Savi Technulogy, Inc.
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfulio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. Intermec Inc.
    • 10.3. Zebra Technulogies Corporation
    • 10.4. NXP Semiconductors
    • 10.5. Avery Dennison
    • 10.6. Checkpoint Systems Inc.
    • 10.7. Gemalto NV
    • 10.8. Motorula
    • 10.9. Alien Technulogy
    • 10.10. Company 10
  • Chapter No. 11 Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12 Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global RFID Equipment market. Zion Research has collected and analyzed key data belong to the global RFID Equipment market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of RFID Equipment across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the RFID Equipment industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the RFID Equipment market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Radio Frequency Identification (RFID) is the technology which uses electromagnetic fields to automatically track the tags attached to objects. The tags contain electronically stored information which is read by using radio waves. Advancements in RFID technology has resulted in real-time tracking of objects, animals, and other things. The information on the tag can be read from a distant location and need not be within the line-of-sight of the reader. The RFID system consists of two parts: a tag and a reader. Tags are embedded with a transmitter and a receiver. A reader which is a two-way radio transmitter and receiver; which emits a signal to the tag using an antenna, to read the information encoded on the tag. The tag responds with the information present in its memory slot. Then the reader will transmit the collected data to a RFID computer program.

The chip-less factor of RFID has given it a new dimension of tracking the objects, due to which various verticals find the use of RFIDs. The lower prices of RFID tags or labels and the increasing use of RFID technology in various verticals are expected to drive the growth of this market. One of the main drivers for this market is the rising need for inventory management. Inventory management involves keeping track of products, assets or objects, storage of components required for production and monitoring the quantity of finished products. Any negligence in inventory management can lead to substantial financial losses. Further, RFIDs are widely used in healthcare industry ranging from patient identification, tracking medical equipment and for several other functions. Due to the use of RFIDs in various industries such as healthcare, logistics and transportation, aerospace, warehouse and distribution activities, security and access control applications, animal tracking, automotive, defense and military, retail, sports and others this market is anticipated to witness significant growth in the forecast period. RFIDs are used for tagging of animals. The ear tag is a plastic or metal object used for the identification of domestic livestock and other animals. This is expected to be an important driver for RFID equipment market as various governments are making it mandatory to tag the animals so that they can be monitored and tracked using their Animal Identification Number (AIN). However, presently high installation cost of RFID systems is a major factor restraining the growth of this market. In addition, the necessary maintenance for both tags and readers has often led to an unexpected level of through-life maintenance cost which also is a restraint for the market. The inoperability of the device away from hostile physical conditions is expected to be the main challenge for this market. In coming years, the wide use of RFIDs in public transportation, healthcare, animal tracking is expected to provide major potential opportunities for RFID equipment manufacturers.

Global-RFID-Equipment-Market

The market is segmented on the basis of product, wafer size, frequency, applications, and region. On a product basis, the market is segmented as tags, reader, and software. Under wafer size, it is categorized as 200mm, 300m, and others. Whereas, on a frequency basis, they are divided into low, high, and ultra-high. Further application wise they are categorized into aerospace, defense, healthcare, animal tracking, retail, sports, security and access control, transportation and others. Regional segmentation is as North America, South America, Europe, Asia Pacific, the Middle East and Africa.

The some of the leading players operating in the global RFID equipment market are Avery Dennison, Alanco Technologies, Inc, Hitachi Ltd., Savi Technology, Inc., Intermec Inc., Motorola Inc., NXP Semiconductors and Zebra Technologies Corporation amongst others.


Frequently Asked Questions

The global RFID Equipment Market was valued at USD 14.5 Billion in 2020.

The global RFID Equipment Market is expected to reach USD 63.7 Billion by 2028, growing at a CAGR of 20.1% between 2021 to 2028.

The key factor driving the global RFID Equipment Market growth is increasing use of RFID technology in various verticals and low cost of RFIDs.

North America ruled the RFID Equipment with a significant share for the year 2020 in terms of income followed by Asia Pacific and Europe.  

Some of the major companies operating in RFID Equipment Market are Savi Technology, Inc., Intermec Inc., Zebra Technologies Corporation, NXP Semiconductors, Avery Dennison, Checkpoint Systems Inc., Gemalto NV, Motorola and Alien Technology among others.

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