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  • RFID Market 2018 Trend, Growth, Key Manufacturers, Economic Impact, Analysis and Forecast to 2025

    (I-SoftwareNews.Com, February 08, 2018 ) The technology for transferring data from an electronic tag using radio waves is known as RFID. The term RFID stands for Radio Frequency Identification. It is basically an electronic label or tag attached with the products, this electronic tag is capable of being read through a reader for the purpose of tracking or identifying the product. Since past few years this industry has improved its standards by removing majority of the technological glitches which has led to make this industry capable of catering the interoperable requirements. Also this industry has reinforced the promotional and educational efforts by introduction of EPC Gen2 (Electronic Product Code Version 2) and UHF RFID (Ultra High Frequency RFID) types

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    RFID Market Players:
    Alien Technology Corporation

    Zebra Technologies Corporation

    Toppan Forms Co. Ltd

    Dai Nippon Printing Company Limited

    3M Company

    Avery Dennison Corporation

    Checkpoint Systems, Inc.

    Confidex Ltd.

    Intermec Inc.

    BASF SE

    The RFID market is segmented in the basis of product, type, communication frequency, application and region. The RFID market segment product is further bifurcated into RFID reader, RFID middleware & services and RFID tag. RFID tag and RFID reader beholds the largest share in the global RFID market. Another segment of this market is the type segment that is furthermore bifurcated into Battery-Assisted Passive (BAP), active & passive RFID. Passive RFID accounts for the largest share and BAP is projected to imitate highest growth rate during the forecast period. The market comprises of another segment namely, communication frequencies and is segmented into low & high frequency band (LF & HF respectively) and ultra-high frequency band (UHF). UHF RFIDs are more popular among various applications, thus they are predicted to imitate the rapid growth in next few years. RFID has numerous applications in government, automation & transportation, manufacturing, medical, BFSI, retail & supply chain, media & entertainment, enterprise access control and defense & military. Automation & transportation vertical captures the largest share in market, whereas, medical & healthcare is predicted to show the highest growth rate in next few years. The region wise segmentation of the market comprises of five regions in all that include South America, North America, Europe, Asia-Pacific and Middle East & Africa. Currently, North America is the dominating the global RFID market. Europe and APAC regions are predicted to exhibit significant acceptance of RFID solutions and products in upcoming years. The RFID market in MEA & SAM are predicted to exhibit moderately slow penetration.

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    Key Insight of RFID Market

    - Historical and Future Market
    - Supply and Demand
    - Price and Cost
    - Drivers and Challenges
    - Key Vendors
    - Market Strategies
    - Industry Value Chain
    - Regions

    View Complete Report at http://www.theinsightpartners.com/reports/rfid-market

    About The Insight Partners:
    The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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    Source: EmailWire.Com

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