RFID Tags for Livestock Management Market by Type, Application and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 162 SKU: IRTNTR43625

The RFID tags for livestock management market are estimated to grow at a CAGR of 9.75% between 2022 and 2027. The size of the market is forecast to increase by USD 880.8 million. The growth of the market depends on several factors, including the regulations regarding animal welfare, the emphasis on reducing methane emissions from livestock, and the government regulations on the transition to RFID tags.

This report extensively covers market segmentation by type (cattle, goats and sheep, and others), application (passive and active), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the RFID Tags For Livestock Management Market During the Forecast Period?

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Parent Market Analysis

Technavio categorizes the global radio frequency identification RFID tags for livestock management market as a part of the global electronic equipment and instruments market within the overall electronics market. The parent global electronics market includes manufacturers of communications equipment, technology hardware storage and peripherals, electronic equipment and instruments, electronic components, consumer electronics, and industrial electronics products, as well as electronic manufacturing services. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

RFID Tags For Livestock Management Market: Key Drivers, Trends, Challenges, and Customer Landscape

The regulations regarding animal welfare are notably driving the market growth, although factors such as the high cost of active RFID tags may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key RFID Tags For Livestock Management Market Driver

Regulations regarding animal welfare are a major driver fueling the global radio frequency identification tags for livestock management market growth. The number of animals slaughtered for human consumption is rising significantly, but the number of people involved in livestock farming is limited. As a result, livestock production units are operated at overcapacity. Therefore, farmers cannot pay attention to the health and wellness of each animal. Livestock gets affected by severe chronic diseases, which has led to the need for regular monitoring. Diseases such as anthrax and other viral and bacterial infections have been growing rapidly among livestock.

These chronic diseases have led to the need for proper identification and monitoring. The increasing overstocking of animals has compelled several animal welfare organizations to demand regulations on livestock rearing. Animal welfare organizations require livestock owners to measure the nutrient intake of animals to ensure their health. Thus, animal health and welfare are becoming a major areas of concern for governments in various countries. Such factors will increase the market growth during the forecast period.

Significant RFID Tags For Livestock Management Market Trend

Increasing adoption of automation in livestock units is a major trend influencing the global radio frequency identification tags for livestock management market growth. The concentration of skilled workforce is declining in the agriculture and livestock sectors across the world. The population involved in agriculture practices is steadily shifting toward the service sector or urban jobs. As a result, the remaining labor force charges higher-than-average wages. The growing need for labor in the agriculture and livestock industry has further raised the labor cost. In the Americas, stringent immigration rules have further impacted the livestock farming industry as immigrants form a major part of the population employed in livestock farms. Workers in Mexico are shifting from farm jobs to non-farm jobs.

Thus, livestock owners are implementing automation to decrease the amount spent on wages and improve efficiency. Implementation of automation in livestock units is defined as the use of mechanical and electronic equipment to reduce the need for human labor in managing livestock units. Automated equipment is used for carrying out various farm operations, such as automatic identification, feeding, milking, birth detection, egg collection, barn cleaning, and others.

Major RFID Tags For Livestock Management Market Challenge

High cost of active RFID tags is a major hindrance to the global radio frequency identification tags for livestock management market growth. The cost associated with RFID systems depends on the type of tags and the type of readers. Passive tags used for livestock management cost around $0.21, and UFH reader systems can process up to 1,000 tags per second. For businesses such as large-scale livestock companies, active RFID tags are required to manage the livestock on a large scale. The cost of active RFID tags is high. Livestock owners require RFID readers to read information through active RFID tags, which are expensive. A single reader costs up to USD 1,500. Though RFID tags provide many advantages over other identification methods, active tags are more expensive.

Small and medium livestock owners do not have extensive disposable capital to purchase active RFID tags. In addition, the cost of implementing active RFID tags is one of the major challenges. High initial investments are required for the deployment and integration of management solutions (middleware) with active RFID, which affects the profit margins of vendors. This is slowing down the adoption of active RFID systems and is hindering the growth of the global RFID tags market for livestock management. Such factors will hinder market growth during the forecast period.

Key RFID Tags For Livestock Management Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global RFID Tags for Livestock Management Market Customer Landscape

Who are the Major RFID Tags for Livestock Management Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

allflex.global - The company offers RFID tags such as NLIS Cattle Tags for UltraMatic, Universal, and Identiplier applicators.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Bartronics India Ltd.
  • CoreRFID Ltd.
  • Dalton Tags
  • Datamars SA
  • eAgile Inc.
  • Essen Computers Ltd.
  • GAO RFID Inc.
  • HID Global Corp.
  • Impinj Inc.
  • Ketchum Mfg. Co.
  • Mojix Inc.
  • National Band and Tag Co.
  • NXP Semiconductors NV
  • Omnia Technologies Pvt. Ltd.
  • RFID Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the RFID Tags For Livestock Management Market?

The radio frequency identification RFID tags for livestock management market share growth by the cattle segment will be significant during the forecast period. In this segment, the rising investments in cattle farming to boost milk and meat production are increasing the number of livestock across the world. Livestock owners need to manage livestock without any human intervention. This is also leading to increasing demand for automation in managing livestock units using advanced technologies such as RFID, NFC, and others, thereby driving the sales of RFID tags in cattle and is also expected to remain unchanged during the forecast period.

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The cattle segment was valued at USD 472.32 million in 2017 and continue to grow by 2021The market is growing due to the increasing use of RFID tags in cattle farms across the world. Cattle farms involve the rearing and management of animals for food requirements and other purposes such as plowing and irrigation. Dairy animals, such as buffalos and cows, are cattle that provide milk. Dairy farm management refers to the management of animals with the goal of enhancing the quality and quantity of the milk produced. The period after the birth of a calf, when a cow starts to produce milk, is called lactation. Livestock owners need to improve milk production to meet the requirements of customers or buyers by increasing the lactation period. Thus, to manage both the quality and quantity of the milk produced, farm owners are installing advanced technologies such as RFID, NFC, and barcode tags to manage animals in livestock units. In cattle farming, the RFID tags ensure that the animals are monitored in real-time and maintained following strict hygiene.

Which are the Key Regions for the RFID Tags For Livestock Management Market?

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North America is estimated to contribute 28% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth of the market is expected to be driven by the increasing population of livestock and rising investments in livestock farming. North America has a high concentration of organized livestock farming companies. Farms vary widely based on the number and type of livestock, such as buffalos, sheep, goats, poultry, and pigs. The presence of many livestock animals presents challenges in the form of livestock management, which can be overcome through the adoption of RFID technology. The USDA has also mandated the implementation of RFID for the welfare and management of livestock. Such factors will increase the global radio frequency identification RFID tags for livestock management market growth in this region during the forecast period.

The RFID tags for livestock management market witnessed a slowdown in 2020 owing to the outbreak of COVID-19. However, in 2021, the demand for RFID tags for livestock management rebounded as regional end-user activities resumed due to the initiation of large-scale COVID-19 vaccination drives. These factors are, thus, expected to drive the growth of the regional RFID tags for livestock management market during the forecast period. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Cattle
    • Goats and sheep
    • Others
  • Application Outlook (USD Million, 2017 - 2027)
    • Passive
    • Active
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

RFID Tags For Livestock Management Market Scope

Report Coverage

Details

Page number

162

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.75%

Market growth 2023-2027

USD 880.8 million

Market structure

Fragmented

YoY growth 2022-2023(%)

8.82

Regional analysis

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

Performing market contribution

North America at 28%

Key countries

US, China, Germany, Russia, and Brazil

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Allflex Group, Bartronics India Ltd., CoreRFID Ltd., Dalton Tags, Datamars SA, eAgile Inc., Essen Computers Ltd., GAO RFID Inc., HID Global Corp., Impinj Inc., Ketchum Mfg. Co., Mojix Inc., National Band and Tag Co., NXP Semiconductors NV, Omnia Technologies Pvt. Ltd., RFID Inc., Siemens AG, Tag Factory, Zebra Technologies Corp., and ID Tech Solutions Pvt. Ltd.

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 forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this RFID Tags For Livestock Management Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the RFID tags for livestock management market between 2023 and 2027
  • Precise estimation of the size of the RFID tags for livestock management market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of RFID tags for livestock management 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 Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • 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 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global RFID tags for livestock management market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global RFID tags for livestock management market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Cattle - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Cattle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Cattle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Cattle - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Cattle - Year-over-year growth 2022-2027 (%)
    • 6.4 Goats and sheep - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Goats and sheep - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Goats and sheep - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Goats and sheep - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Goats and sheep - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 47: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 49: Chart on Comparison by Application
      • Exhibit 50: Data Table on Comparison by Application
    • 7.3 Passive - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Passive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Passive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Passive - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Passive - Year-over-year growth 2022-2027 (%)
    • 7.4 Active - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Active - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Active - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Active - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Active - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 59: Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Brazil - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Brazil - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
    • 9.12 Russia - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Allflex Group
              • Exhibit 112: Allflex Group - Overview
              • Exhibit 113: Allflex Group - Product / Service
              • Exhibit 114: Allflex Group - Key offerings
            • 12.4 Bartronics India Ltd.
              • Exhibit 115: Bartronics India Ltd. - Overview
              • Exhibit 116: Bartronics India Ltd. - Product / Service
              • Exhibit 117: Bartronics India Ltd. - Key offerings
            • 12.5 Dalton Tags
              • Exhibit 118: Dalton Tags - Overview
              • Exhibit 119: Dalton Tags - Product / Service
              • Exhibit 120: Dalton Tags - Key offerings
            • 12.6 Datamars SA
              • Exhibit 121: Datamars SA - Overview
              • Exhibit 122: Datamars SA - Product / Service
              • Exhibit 123: Datamars SA - Key offerings
            • 12.7 Essen Computers Ltd.
              • Exhibit 124: Essen Computers Ltd. - Overview
              • Exhibit 125: Essen Computers Ltd. - Product / Service
              • Exhibit 126: Essen Computers Ltd. - Key offerings
            • 12.8 HID Global Corp.
              • Exhibit 127: HID Global Corp. - Overview
              • Exhibit 128: HID Global Corp. - Product / Service
              • Exhibit 129: HID Global Corp. - Key news
              • Exhibit 130: HID Global Corp. - Key offerings
            • 12.9 Impinj Inc.
              • Exhibit 131: Impinj Inc. - Overview
              • Exhibit 132: Impinj Inc. - Product / Service
              • Exhibit 133: Impinj Inc. - Key offerings
            • 12.10 Ketchum Mfg. Co.
              • Exhibit 134: Ketchum Mfg. Co. - Overview
              • Exhibit 135: Ketchum Mfg. Co. - Product / Service
              • Exhibit 136: Ketchum Mfg. Co. - Key offerings
            • 12.11 Mojix Inc.
              • Exhibit 137: Mojix Inc. - Overview
              • Exhibit 138: Mojix Inc. - Product / Service
              • Exhibit 139: Mojix Inc. - Key offerings
            • 12.12 National Band and Tag Co.
              • Exhibit 140: National Band and Tag Co. - Overview
              • Exhibit 141: National Band and Tag Co. - Product / Service
              • Exhibit 142: National Band and Tag Co. - Key offerings
            • 12.13 NXP Semiconductors NV
              • Exhibit 143: NXP Semiconductors NV - Overview
              • Exhibit 144: NXP Semiconductors NV - Product / Service
              • Exhibit 145: NXP Semiconductors NV - Key news
              • Exhibit 146: NXP Semiconductors NV - Key offerings
            • 12.14 Omnia Technologies Pvt. Ltd.
              • Exhibit 147: Omnia Technologies Pvt. Ltd. - Overview
              • Exhibit 148: Omnia Technologies Pvt. Ltd. - Product / Service
              • Exhibit 149: Omnia Technologies Pvt. Ltd. - Key offerings
            • 12.15 RFID Inc.
              • Exhibit 150: RFID Inc. - Overview
              • Exhibit 151: RFID Inc. - Product / Service
              • Exhibit 152: RFID Inc. - Key offerings
            • 12.16 Siemens AG
              • Exhibit 153: Siemens AG - Overview
              • Exhibit 154: Siemens AG - Business segments
              • Exhibit 155: Siemens AG - Key news
              • Exhibit 156: Siemens AG - Key offerings
              • Exhibit 157: Siemens AG - Segment focus
            • 12.17 Tag Factory
              • Exhibit 158: Tag Factory - Overview
              • Exhibit 159: Tag Factory - Product / Service
              • Exhibit 160: Tag Factory - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 161: Inclusions checklist
                • Exhibit 162: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 163: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 164: Research methodology
                • Exhibit 165: Validation techniques employed for market sizing
                • Exhibit 166: Information sources
              • 13.5 List of abbreviations
                • Exhibit 167: List of abbreviations
              • of skilled human resource: Test and measurement equipment such as tunable diode laser analyzer (TDLA), optical time-domain reflectometer (OTDR), and process analyzers are required to be used by an expert in chemical and instrumentation engineering. Many of these equipment are used in manufacturing or production process. The individuals using this equipment need to have an overall understanding of the process to operate the equipment efficiently. One of the major challenges to the market is the lack of skilled human resource in the market. In many instances, end-users are not really satisfied with the use of these test and measurement equipment if they were not properly installed, serviced or calibrated properly. This also deters potential buyers to invest in these test and measurement equipment.

                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

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                rfid tags for livestock management market

                Key Questions Answered

                • 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?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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