Global Printed And Chipless RFID Market by Application (Retail, Transport & Logistics, Aviation, Healthcare) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2014, the global chipless and printed RFID market was worth more than USD 2 billion. Industry demand is driven by companies' increasing requirements for inventory management and supply chain visibility. The forecast period will also see a decrease in the cost of tags. This technology is expected to be adopted more by the public transit sector over the next seven year due to its lower cost and greater functionality.

Oyster Card (UK), Octopus Card(China), T-Monet, T-Monet [Seoul], Ventra (the U.S.), Saint Petersburg City Card—Russia) are a few of the major public transport systems that use RFID technology. These cards can be used for local public transport as well as railway systems.

Over the forecast period, technological development will reduce the cost of solution implementation. Companies can use Radio-Frequency Identification technology to control stock. This includes remote reading tags that have unique identification codes for tracking products. Some types of tags can also be overwritten. This allows for simultaneous reading and allows you to check a whole pallet of products at once.

The end-use market will be negatively affected by the increasing number of counterfeit products, especially in healthcare. Pharmaceutical companies are now using RFID technology to improve visibility throughout the value chain in order to save their brand image and avoid counterfeit drugs. This not only has improved operational efficiency but also allowed companies to track their products.

Application Insights

Over the forecast period, the largest application is expected to be transport and logistics. Retail follows closely. Demand will be driven by the growing public transit sector. This segment represented more than 30% of total revenue share in 2014, and it is projected to grow at a higher rate than 25% during the forecast period.

Market growth is expected to be boosted by the expansion of modern infrastructure in countries like India, China, Brazil, and Brazil over the forecast period. Many warehouses and shops around the world are using Radio-Frequency Identification technology to improve customer experience, increase store execution, inventory accuracy and on-shelf availability. This allows Omni-channel retailing to be possible and provides big data that can reveal new insights for management.

Radio-frequency identification applications can be used to track assets, inventory, and product movements, as well as provide anti-counterfeiting solutions. Low-cost printed and chipless RFID will be in demand due to the increasing importance of the aviation and retail industries.

Regional Insights

In 2014, North America's printed and chipless RFID markets accounted for more than 35% of all revenue. The U.S. will contribute more than 75% to the regional market in 2014. It is projected to grow at an impressive rate during the forecast period.

U.S.-based companies adopt this technology to improve their supply chain management and inventory visibility. The US Department of Defense (DOD), and the Food and Drugs Associations (FDA) encourage the use of RFID technology in supply chain management and tracking and tracing products.

Market Share Insights & Key Companies

Global printed and chipless RFID markets are highly competitive. Key industry players include Alien Technology Corporation and Impinj Corporation. TAGSYS, Intermec and Zebra Technologies are key industry participants.

Zebra Technologies provides a solution to retail, warehouse and healthcare, field mobility and manufacturing. The company's products include mobile computer supplies, accessories and Radio Frequency Identification Wristbands. Printer parts, Radio Frequency Identification solutions, printers. Barcode scanners. location solutions. Software, wireless networks, tablets, and software are all part of its product range. The company announced in April 2014 a partnership with Trimble to develop an internet of everything solution that integrates Radio-Frequency Identification into Zatar (Zebra's cloud-based platform for internet of things).

Alien Technologies provides consumer packaged goods, pharmaceutical, government, defense, and corporate manufacturing services.

Report on the RFID Market: Printed and Chipless

These are the most frequently asked questions about this report

b. Global printed and chipless RFID market was valued at USD 6.9 Billion in 2019, and is forecast to grow to USD 9.1 Billion by 2020.

b. Global printed and chipless RFID market will grow at a compound annual rate of 29.2% between 2016-2022, to reach USD 15.3 Billion by 2022.

b. With a 35.4% share in 2019, North America was the dominant market for printed and chipless RFID. This can be attributed to increased RFID use by U.S.-based companies and government organizations for supply chain management and tracking products.

b. Impinj, Inc. and Invengo Technology Pte. are some of the key players in the RFID printed and chipless market. Ltd. (TAGSYS); Zebra Technologies Corp., among others.

b. The development of affordable tags and a shorter manufacturing time are key factors driving market growth.

Up Market Research published a new report titled “Printed And Chipless RFID Market research report which is segmented by Application (Retail, Transport & Logistics, Aviation, Healthcare), By Players/Companies Impinj, Inc; Invengo Technology Pte Ltd (TAGSYS); and Zebra Technologies Corp amongst others”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Printed And Chipless RFID Market Report Segments:

The market is segmented by Application (Retail, Transport & Logistics, Aviation, Healthcare).

Printed And Chipless RFID Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Printed And Chipless RFID Market

Overview of the regional outlook of the Printed And Chipless RFID Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Printed And Chipless RFID Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Printed And Chipless RFID Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Retail

                2. Transport & Logistics

                3. Aviation

                4. Healthcare

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Printed And Chipless RFID Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Printed And Chipless RFID Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.