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Radio Frequency Identification Market by Product, End-user, and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 169
  • SKU: IRTNTR40517
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The radio frequency identification (RFID) market share is expected to increase to USD 8.88 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 10.39%.

This radio frequency identification (RFID) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers radio frequency identification (RFID) market segmentation by end-user (industrial, BFSI, retail, logistics, and others), product (RFID tags, middleware, passive RFID systems, and active RFID systems), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The radio frequency identification (RFID) market report also offers information on several market vendors, including Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., Datalogic Spa, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID4U, Siemens AG, SATO Holdings Corp., Unitech Electronics Co. Ltd., and Zebra Technologies Corp. among others.

What will the Radio Frequency Identification (RFID) Market Size be During the Forecast Period?

Radio Frequency Identification Market Size

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Radio Frequency Identification (RFID) Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The adoption of inventory management systems is notably driving the radio frequency identification (RFID) market growth, although factors such as the limitations of fixed RFID readers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the radio frequency identification (RFID) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Radio Frequency Identification (RFID) Market Driver

  • One of the key factors driving growth in the radio frequency identification (RFID) market is the adoption of inventory management systems.
  • With the help of RFID tags, the user will be able to record and recognize the database of the product with better precision.
  • Industries such as manufacturing, logistics, and warehousing require an accurate database of the products, which will aid in better decision-making among these end-user industries. Also, with the help of RFID tags, the end-user will be able to rectify the errors in entering the data.
  • Currently, many hospitals use RFID tags to create unique IDs. The RFID system enables hospital operations to optimize maintenance and sterilization processes.
  • With the introduction of RFID tags, vendors, manufacturers, and other end-users have found major improvements in the overall data entry. Thus, accuracy in database management will result in an increased demand for RFID products which will propel the growth of the global RFID market.

Key Radio Frequency Identification (RFID) Market Trend

  • The growing interest in smart retail stores is a radio frequency identification (RFID) market trend that is expected to have a positive impact in the coming years.
  • RFID technology is used in smart stores for delivering products to customers and for customers to look at products and services offered by these establishments.
  • Amazon.com Inc. and Walmart Inc. have successfully adapted RFID developments into their day-to-day operations, allowing them to outperform physical retail establishments.
  • Smart retail stores appeal to the target demography because they offer a variety of shopping, delivery, and payment choices. Therefore, the emergence of smart retail stores integrated with RFID technology is anticipated to increase the need for RFID products which is expected to fuel the growth of the global RFID market.

Key Radio Frequency Identification (RFID) Market Challenge

  • The limitations of fixed RFID readers will be a major challenge for the radio frequency identification (RFID) market during the forecast period.
  • RFID readers are of two types: handheld and fixed RFID readers, which are connected to a computer system. Also, the RFID reader functions on three different sets of frequencies, which include LF, HF, and UHF. Fixed RFID readers are ideal for warehouse, asset tracking, and theft prevention applications.
  • In the case of fixed RFID readers, the end-user will witness coverage issues, where the read range will be very small, and the end-user will have to walk the floor and cover all the corners of the warehouse using a mobile or handheld RFID reader.
  • The end-users need to purchase a ton of fixed readers which leads to high servicing and maintenance costs. This limitation of the fixed RFID readers will hinder the growth of the global RFID market.

This radio frequency identification (RFID) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global radio frequency identification (RFID) market as a part of the global electronic equipment and instruments market within the overall electronics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the radio frequency identification (RFID) market during the forecast period.

Who are the Major Radio Frequency Identification (RFID) Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alien Technology LLC
  • ASSA ABLOY AB
  • Avery Dennison Corp.
  • CipherLab Co. Ltd.
  • CoreRFID Ltd.
  • Datalogic Spa
  • eAgile Inc.
  • FEIG ELECTRONIC GmbH
  • Fujitsu Ltd.
  • GAO RFID Inc.
  • Honeywell International Inc.
  • Impinj Inc.
  • Mojix Inc.
  • Nedap NV
  • NXP Semiconductors NV
  • RFID4U
  • Siemens AG
  • SATO Holdings Corp.
  • Unitech Electronics Co. Ltd.
  • Zebra Technologies Corp.

 

This statistical study of the radio frequency identification (RFID) market encompasses successful business strategies deployed by the key vendors. The radio frequency identification (RFID) market is fragmented and the vendors are deploying growth strategies such as constantly trying to expand the scope of their offerings and allow for increased customization to compete in the market.

Product Insights and News

  • Alien Technology LLC - Alien Technology LLC is a privately held company headquartered in US. It is a global company, with limited information regarding its financials and limited information regarding its employee strength is available. Its revenue from the global radio frequency identification (RFID) market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • Alien Technology LLC - The company offers radio frequency identification system which includes ICs, readers, antennas, tags and labels. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The radio frequency identification (RFID) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Radio Frequency Identification (RFID) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the radio frequency identification (RFID) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Radio Frequency Identification (RFID) Market?

Radio Frequency Identification Market Market segmentation by region

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40% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for radio frequency identification (RFID) in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growth of the industrial manufacturing landscape across the region will facilitate the radio frequency identification (RFID) market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 negatively impacted the regional RFID market. The pandemic resulted in numerous deaths in China and other countries, forcing governments to impose lockdowns in the region. However, in 2021, due to the availability of COVID-19 vaccines and the large-scale vaccination drives carried out by the governments of countries in APAC, activities in end-user industries gradually resumed and reached pre-COVID-19 levels. 

What are the Revenue-generating End-user Segments in the Radio Frequency Identification (RFID) Market?

Radio Frequency Identification Market Segmentation

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The radio frequency identification (RFID) market share growth by the industrial segment will be significant during the forecast period. Integrating RFID solutions such as RFID tags, RFID middleware, and RFID readers can help the manufacturer understand the time taken for a component or raw material to move through the different stages of the production cycle or assembly line. Incorporating RFID middleware in the manufacturing process also helps understand and track the movement of semi-finished goods stuck at various stages of the production or assembly line. Thus, it is expected that the industrial segment in the global RFID market will grow owing to the increasing applications of RFID in the industrial processes during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the radio frequency identification (RFID) market size and actionable market insights on post COVID-19 impact on each segment.

 

Radio Frequency Identification (RFID) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 10.39%

Market growth 2022-2026

$ 8.88 billion

Market structure

Fragmented

YoY growth (%)

9.92

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key consumer countries

US, Canada, Mexico, China, Japan, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., Datalogic Spa, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID4U, Siemens AG, SATO Holdings Corp., Unitech Electronics Co. Ltd., and Zebra Technologies Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Radio Frequency Identification (RFID) Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive radio frequency identification (RFID) market growth during the next five years
  • Precise estimation of the radio frequency identification (RFID) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the radio frequency identification (RFID) industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of radio frequency identification (RFID) market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 27: Chart on Comparison by End-user
    • Exhibit 28: Data Table on Comparison by End-user
  • 5.3 Industrial - Market size and forecast 2021-2026
    • Exhibit 29: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Industrial - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
  • 5.4 BFSI - Market size and forecast 2021-2026
    • Exhibit 33: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on BFSI - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on BFSI - Year-over-year growth 2021-2026 (%)
  • 5.5 Retail - Market size and forecast 2021-2026
    • Exhibit 37: Chart on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 39: Chart on Retail - Year-over-year growth 2021-2026 (%)
    • Exhibit 40: Data Table on Retail - Year-over-year growth 2021-2026 (%)
  • 5.6 Logistics - Market size and forecast 2021-2026
    • Exhibit 41: Chart on Logistics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Data Table on Logistics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Chart on Logistics - Year-over-year growth 2021-2026 (%)
    • Exhibit 44: Data Table on Logistics - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by End-user
    • Exhibit 49: Market opportunity by End-user ($ million)

6 Market Segmentation by Product

  • 6.1 Market segments
    • Exhibit 50: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 51: Data Table on Product - Market share 2021-2026 (%)
  • 6.2 Comparison by Product
    • Exhibit 52: Chart on Comparison by Product
    • Exhibit 53: Data Table on Comparison by Product
  • 6.3 RFID tags - Market size and forecast 2021-2026
    • Exhibit 54: Chart on RFID tags - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on RFID tags - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on RFID tags - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on RFID tags - Year-over-year growth 2021-2026 (%)
  • 6.4 Middleware - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middleware - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middleware - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middleware - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middleware - Year-over-year growth 2021-2026 (%)
  • 6.5 Passive RFID systems - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Passive RFID systems - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Passive RFID systems - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Passive RFID systems - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Passive RFID systems - Year-over-year growth 2021-2026 (%)
  • 6.6 Active RFID systems - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Active RFID systems - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Active RFID systems - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Active RFID systems - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Active RFID systems - Year-over-year growth 2021-2026 (%)
  • 6.7 Market opportunity by Product
    • Exhibit 70: Market opportunity by Product ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview
    • Exhibit 71: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 72: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 73: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison
    • Exhibit 74: Chart on Geographic comparison
    • Exhibit 75: Data Table on Geographic comparison
  • 8.3 North America - Market size and forecast 2021-2026
    • Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.4 APAC - Market size and forecast 2021-2026
    • Exhibit 80: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.5 Europe - Market size and forecast 2021-2026
    • Exhibit 84: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026
    • Exhibit 88: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 92: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026
    • Exhibit 96: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 China - Market size and forecast 2021-2026
    • Exhibit 100: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 101: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 102: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.10 Japan - Market size and forecast 2021-2026
    • Exhibit 104: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 105: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 106: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 107: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 8.11 Canada - Market size and forecast 2021-2026
    • Exhibit 108: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 109: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 110: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 111: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 8.12 Mexico - Market size and forecast 2021-2026
    • Exhibit 112: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
    • Exhibit 113: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
    • Exhibit 114: Chart on Mexico - Year-over-year growth 2021-2026 (%)
    • Exhibit 115: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
  • 8.13 Germany - Market size and forecast 2021-2026
    • Exhibit 116: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 117: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 118: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 119: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 8.14 Market opportunity by geography
    • Exhibit 120: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges
    • Exhibit 121: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 123: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 124: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 125: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 126: Matrix on vendor position and classification
  • 11.3 Alien Technology LLC
    • Exhibit 127: Alien Technology LLC - Overview
    • Exhibit 128: Alien Technology LLC - Product / Service
    • Exhibit 129: Alien Technology LLC - Key offerings
  • 11.4 CoreRFID Ltd.
    • Exhibit 130: CoreRFID Ltd. - Overview
    • Exhibit 131: CoreRFID Ltd. - Product / Service
    • Exhibit 132: CoreRFID Ltd. - Key offerings
  • 11.5 Datalogic Spa
    • Exhibit 133: Datalogic Spa - Overview
    • Exhibit 134: Datalogic Spa - Business segments
    • Exhibit 135: Datalogic Spa - Key news
    • Exhibit 136: Datalogic Spa - Key offerings
    • Exhibit 137: Datalogic Spa - Segment focus
  • 11.6 eAgile Inc.
    • Exhibit 138: eAgile Inc. - Overview
    • Exhibit 139: eAgile Inc. - Product / Service
    • Exhibit 140: eAgile Inc. - Key offerings
  • 11.7 Honeywell International Inc.
    • Exhibit 141: Honeywell International Inc. - Overview
    • Exhibit 142: Honeywell International Inc. - Business segments
    • Exhibit 143: Honeywell International Inc. - Key news
    • Exhibit 144: Honeywell International Inc. - Key offerings
    • Exhibit 145: Honeywell International Inc. - Segment focus
  • 11.8 Impinj Inc.
    • Exhibit 146: Impinj Inc. - Overview
    • Exhibit 147: Impinj Inc. - Product / Service
    • Exhibit 148: Impinj Inc. - Key offerings
  • 11.9 Mojix Inc.
    • Exhibit 149: Mojix Inc. - Overview
    • Exhibit 150: Mojix Inc. - Product / Service
    • Exhibit 151: Mojix Inc. - Key offerings
  • 11.10 NXP Semiconductors NV
    • Exhibit 152: NXP Semiconductors NV - Overview
    • Exhibit 153: NXP Semiconductors NV - Product / Service
    • Exhibit 154: NXP Semiconductors NV - Key news
    • Exhibit 155: NXP Semiconductors NV - Key offerings
  • 11.11 Siemens AG
    • Exhibit 156: Siemens AG - Overview
    • Exhibit 157: Siemens AG - Business segments
    • Exhibit 158: Siemens AG - Key news
    • Exhibit 159: Siemens AG - Key offerings
    • Exhibit 160: Siemens AG - Segment focus
  • 11.12 Zebra Technologies Corp.
    • Exhibit 161: Zebra Technologies Corp. - Overview
    • Exhibit 162: Zebra Technologies Corp. - Business segments
    • Exhibit 163: Zebra Technologies Corp. - Key news
    • Exhibit 164: Zebra Technologies Corp. - Key offerings
    • Exhibit 165: Zebra Technologies Corp. - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist
    • Exhibit 166: Inclusions checklist
    • Exhibit 167: Exclusions checklist
  • 12.3 Currency conversion rates for US$
    • Exhibit 168: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 169: Research methodology
    • Exhibit 170: Validation techniques employed for market sizing
    • Exhibit 171: Information sources
  • 12.5 List of abbreviations
    • Exhibit 172: List of abbreviations

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.

TechnavioINFORMATION 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
Technavio

TechnavioDATA 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
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Radio Frequency Identification (RFID) Market market growth will increase by $8.88 bn during 2022-2026.
The radio frequency identification (rfid) market market is expected to grow at a CAGR of 10.39% during 2022-2026.
Technavio has segmented the radio frequency identification (rfid) market market by end-user (Industrial, BFSI, Retail, Logistics, and Others) ,product (RFID tags, Middleware, Passive RFID systems, Active RFID systems, and Others) , and geography (North America, APAC, Europe, South America, and Middle East and Africa).
Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., Datalogic Spa, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID4U, Siemens AG, SATO Holdings Corp., Unitech Electronics Co. Ltd., Zebra Technologies Corp. are a few of the key vendors in the radio frequency identification (rfid) market market.
APAC will register the highest growth rate of 40% among the other regions. Therefore, the radio frequency identification (rfid) market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the radio frequency identification (rfid) market market growth are:
  • Adoption of inventory management systems
  • Growing interest in smart retail stores
The radio frequency identification (rfid) market market vendors should focus on grabbing business opportunities from the industrial segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
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