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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.
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 -
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.
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.
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.
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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.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Technology landscape
PART 06: Industry overview
PART 07: Market landscape
PART 08: Market segmentation by frequency
PART 09: Market segmentation by end-products
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
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