According to HTF Market Intelligence, the RFID Tags market to witness a CAGR of 11.1% during the forecast period (2024-2030).The Latest published a market study on Global RFID Tags Market provides an overview of the current market dynamics in the Global RFID Tags space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities.
Some of the players that are in coverage of the study are Impinj (United States), Alien Technology (United States), Avery Dennison (United States), Invengo (China), Confidex (Finland), Zebra Technologies (United States), Smartrac (Netherlands), HID Global (United States), Identiv (United States), Nedap (Netherlands).
The global RFID Tags market size is expanding at robust growth of 11.1%, sizing up market trajectory from USD 15.8 Billion in 2024 to USD 40.9 Billion by 2030.
Get ready to identify the pros and cons of the regulatory framework, local reforms, and its impact on the Industry. Know how Leaders in Global RFID Tags are keeping themselves one step forward with our latest survey analysis
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Definition
The RFID Tags Market refers to the global market for Radio Frequency Identification (RFID) tags, which are small electronic devices used to identify and track objects wirelessly using radio waves. RFID tags consist of a microchip and an antenna, and they come in various forms, such as passive, active, and semi-passive, each with different power sources and communication ranges.
Basic Segmentation Details
Global RFID Tags Market Breakdown by Application (Security and Access Control, Transportation, Healthcare, Logistics and Supply Chain, Retail, Agriculture, Others) by Type (Active Tags, Passive Tags) by Frequency (Low Frequency, High Frequency, Ultra-High Frequency) by Material (Plastic, Paper, Glass, Others) by Form Factor (Card, Implant, Key Fob, Label, Paper Ticket, Band, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
RFID Tags Market Driver
- increasing integration of RFID technology across several industries such as retail, logistics, healthcare, and production enhance operational efficiency
RFID Tags Market Opportunity
- Improvements in read degrees and accuracy of RFID technology have expanded its uses in supply chain efficiency, asset tracking, and stock management
RFID Tags Market Challenges
- Value is still a major obstacle, particularly when it comes to deploying RFID frameworks throughout large-scale businesses.
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Major highlights from the Study along with most frequently asked questions:
1) What so unique about this Global RFID Tags Assessment?
Market Factor Analysis: In this economic slowdown, impact on various industries is huge. Moreover, the increase in demand & supply gap as a resultant of sluggish supply chain and production line have made market worth observing. It also discusses technological, regulatory and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global market and current trends within the industry.
Market Concentration: Includes C4 Index, HHI, Comparative Global RFID Tags Market Share Analysis (Y-o-Y), Major Companies, Emerging Players with Heat Map Analysis
Market Entropy: Randomness of the market highlighting aggressive steps that players are taking to overcome current scenario. Development activity and steps like expansions, technological advancement, M&A, joint ventures, launches are highlighted here.
Patent Analysis: Comparison of patents issued by each players per year.
Peer Analysis: An evaluation of players by financial metrics such as EBITDA, Net Profit, Gross Margin, Total Revenue, and Segmented Market Share, Assets etc to understand management effectiveness, operation and liquidity status.
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2) Why only few Companies are profiled in the report?
Industry standards like NAICS, ICB etc are considered to derive the most important manufacturers. More emphasis is given on SMEs that are emerging and evolving in the market with their product presence and technological upgraded modes, current version includes players like “Impinj (United States), Alien Technology (United States), Avery Dennison (United States), Invengo (China), Confidex (Finland), Zebra Technologies (United States), Smartrac (Netherlands), HID Global (United States), Identiv (United States), Nedap (Netherlands) ” etc and many more.
** Companies reported may vary subject to Name Change / Merger etc.
3) What details will competitive landscape will provide?
A value proposition chapter to gauge Global RFID Tags market. 2-Page profiles of all listed company with 3 to 5 years financial data to track and comparison of business overview, product specification etc.
4) What all regional segmentation covered? Can specific country of interest be added?
Country that are included in the analysis are In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered?, The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa
** Countries of primary interest can be added if missing.
5) Is it possible to limit/customize scope of study to applications of our interest?
Yes, general version of study is broad, however if you have limited application in your scope & target, then study can also be customize to only those application. As of now it covers applications Security and Access Control, Transportation, Healthcare, Logistics and Supply Chain, Retail, Agriculture, Others.
** Depending upon the requirement the deliverable time may vary.
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To comprehend Global RFID Tags market dynamics in the world mainly, the Global RFID Tags market is analysed across major global regions. Customized study by specific regional or country can be provided, usually client prefers below
– North America: United States of America (US), Canada, and Mexico.
– South & Central America: Argentina, Chile, Colombia and Brazil.
– Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt and South Africa.
– Europe: the UK, France, Italy, Germany, Spain, NORDICs, BALTIC Countries, Russia, Austria and Rest of Europe.
– Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, and Philippines & Vietnam etc.) & Rest
– Oceania: Australia & New Zealand
Actual Numbers & In-Depth Analysis of Global RFID Tags Market Size Estimation and Trends Available in Full Version of the Report.
Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.
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