Radio-Frequency Identification (RFID) are the radio waves that are utilized for reading and capturing the information that is stored on a tag attached to an object. These tags are used to store the product information electronically and also can be analyzed the object from distance. RFID can be used in manufacturing, logistics and warehousing, where keeping track of the inventory and assets is of prime importance as they found a significant improvement in the overall quality of data entry. It also facilitates to gather the location data with the help of RTLS to pinpoint an exact location and the identity of assets.
The regional analysis of Radio-Frequency Identification (RFID) market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. Radio frequency identification provides solutions such as storage, simple management & monitoring, real-time backup recovery, data de-duplication, customer support and many others services that brings the attention to these application.
North America region accounts for the largest market share, followed by Europe and Asia-Pacific region. The study reveals that Europe region is showing a rapid growth due to its storage and tracker solution by the Radio-Frequency Identification (RFID). Asia-Pacific countries like China, Japan and India is projected to be the fastest growing region in the Radio-Frequency Identification (RFID) market due to the increasing size of high data generation in many countries.
In 2019, the market size of Radio-Frequency Identification (RFID) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Radio-Frequency Identification (RFID).
This report studies the global market size of Radio-Frequency Identification (RFID), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Radio-Frequency Identification (RFID) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
NXP Semiconductors N.V (Netherlands)
Alien Technology (US)
3M Company (U.S)
ACTAtek Technology (U.S)
Axcess International, Inc. (U.S)
Impinj Inc. (US)
Ascendent ID (U.S)
Checkpointt System Inc. (U.S)
Avery Dennison Corporations (US)
Market Segment by Product Type
Market Segment by Application
Logistics and Supply Chain
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Radio-Frequency Identification (RFID) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Radio-Frequency Identification (RFID) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Radio-Frequency Identification (RFID) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025