Overview of the global RFID smart antenna market
Technavio’s market research analysts have predicted that the global RFID (radio-frequency identification) smart antenna market will grow steadily at an impressive CAGR of about 13% by 2020. The continuously improving network infrastructure has compelled retailers to use e-commerce and m-commerce to increase their reach and revolutionize their customer’s shopping experience. Since maintaining an inventory helps a company to represent the investment that is involved, retailers consistently require real-time information about the products/goods inbound to customers. RFID tracking systems technology helps to increase inventory visibility and provides accurate information about the movement of goods through the supply chain. Additionally, RFID systems help companies implement intelligent distributed order management systems and also facilitates accurate inventory tracking, which will help end users make better decisions.
The integration of RFID technology in the IoT (Internet of Things) landscape is identified to be one of the major trends that will gain traction in this market during the forecast period. The emergence of smart homes is one of the key applications of IoT and since RFID is a key component for bridging the communication gap between appliances and devices, there will be a huge demand for RFID smart antennas in the coming years. This market study has predicted that the Americas will dominate this market in the next four years and will account for almost 50% of the total market share by 2020. Increased investments in RFID systems from the transport and logistics industry and the growing popularity of smart factories among automobile industries will be major factors that will fuel the growth of this market in the Americas.
Competitive landscape and key vendors
This market is characterized by the presence of several large RFID companies and intense competition between the key leading vendors. In this market, the major vendors control the entire supply chain by manufacturing antennas, tags, and readers in-house. This preference for in-house production will reduce the cost of the entire system and the cost of deployment for end-users.
The leading vendors in the market are -
- Alien Technology
- Honeywell
- Impinj
- Zebra
The other prominent vendors in the market are Abracon, CAEN RFID, DLP Design, Feig Electronics, Harting, Invengo, Kathrein RFID, MTI Wireless Edge, RFMAX, RF solutions, Skyetek, Taoglas, ThingMagic, and Times-7.
Segmentation by frequency and analysis of the RFID smart antenna market
- LF (low frequency)
- HF (high frequency)
- UHF (ultra-high frequency)
- SHF (super-high frequency)
According to this market research and analysis, the LF segment will account for about 67% of the total share by 2020 and will dominate the RFID systems market throughout the forecast period. LF RFID smart antennas are used in both passive tags and readers. They have high penetration in the market as they are cheaper than other smart antennas and are used in several sectors including postal services, consumer goods, military, and air baggage.
Segmentation by end-products and analysis of the RFID smart antenna market
Due to the integration of a large number of passive RFID tags in RFID systems, the tags segment accounted for almost 73% of the total market share and dominated this market during 2015. Passive RFID tags can be integrated into smart antennas, and depending on the applications they can be tuned to HF and UHF signals. Though the reducing ASP is expected to decline the market share of this segment, it will continue to dominate the market in the next four years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the RFID smart antenna market?
- What are the key market trends impacting the growth of the RFID smart antenna market?
- What are the challenges to market growth?
- Who are the key vendors in the RFID smart antenna market?
- What are the market opportunities and threats faced by the vendors in the RFID smart antenna market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the RFID smart antenna market?
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Related reports
Radio frequency identification (RFID) systems find extensive applications, especially within the 900 MHz frequency band. This has led to the development of low-cost and compact smart antennas for RFID readers. RFID smart antennas are widely used in the areas of RFID tag reading rates, collision mitigation, location determination of items, and for enhancing the capacity of RFID systems. RFID smart antennas have two basic functions – estimation of the direction of arrival (DOA) and beam forming. These antenna systems have evolved as a promising technology for enhancing the bandwidth of the spectrum and is expected to be used extensively in the future wireless communication systems.
The report, global RFID smart antenna market, is part of Technavio’s hardware and semiconductor research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as computing devices, displays, embedded systems, human machine interface, lighting, semiconductor equipment, and sensors. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Definitions
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Technology landscape
- Components of RFID system
- Difference between RFID/EPC tag, NFC, and traditional barcode
- RFID cost structure
PART 06: Industry overview
PART 07: Market landscape
- Market size and forecast
- Five forces analysis
PART 08: Market segmentation by frequency
PART 09: Market segmentation by end-products
PART 10: Geographical segmentation
- Market overview
- RFID smart antenna market in Americas
- RFID smart antenna market in EMEA
- RFID smart antenna market in APAC
PART 11: Market drivers
- High accuracy and reliability
- Increasing omni-channel retailing
- Emerging applications for RFID
- Critical price point of RFID implementation
PART 12: Impact of drivers
PART 13: Market challenges
- Less economical for low-value goods
- Signal collision
- Lack of standardization
- Security concerns
PART 14: Impact of drivers and challenges
PART 15: Market trends
- Emergence of cloud-based RFID solutions
- Integration of RFID technology in IoT landscape
- Emergence of smart factories
PART 16: Vendor landscape
- Competitive scenario
- Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape