Coronavirus Energy News News

COVID-19 Impact Review: What to Expect from RFID Tags Industry in 2020? | Know the Challenges and Trend Analysis

According to Publisher, the Global RFID Tags market accounted for $4.91 billion in 2017 and is expected to reach $18.2 billion by 2026 growing at a CAGR of 15.7% during the forecast period.

Some of the key factors such as rising demand for RFID tags in the aerospace industry, and the increasing number of these tag applications within retail stores are driving the market growth. However, lack of a battery power as compared to others act as the restraining factor for the market growth.

Get Sample Copy of this Report @ https://www.premiummarketinsights.com/sample/SMRC00019564

Some of the key players in this market include Honeywell International, NXP Semiconductors, Alien Technology, AMS AG, Atmel Corp, Confidex Ltd, GAO RFID Inc., HID Global Corporation, Impinj, inc., Invengo Information Technology Co. Ltd., Omni-Id, Inc., RF Code, SMARTRAC N.V. and Zebra Technologies Corp.

Radio-frequency identification (RFID) technology has completely across several sectors owing to the fact that they prevent theft of certain materials, track shipments in real time, and implement advanced technology at low cost. It is a type of wireless communication technology that uses radio waves to track and identify objects, with reduced costs, increased asset traceability and visibility, and improved reliability.

By Type, Passive Tags segment is likely to grow during the forecast period as they do not have an internal power source and rely on the power induced by the reader. Because of the lack of a battery, these tags are cost-effective, durable, and smaller and so are used to perform many activities such as access control, inventory management, supply chain management, and tool tracking due to which these tags are increasing among end-users.

By geography, Asia Pacific is estimated to have a lucrative growth mainly due to the rising demand for these tags in this region. They are installed by the organizations as a piece of their security so as to prevent the risk of danger and loss. Organizations are continuously adopting automated product identification systems for their supply chain management system in order to improve the efficiency of their inventory allocation.

Product Types Covered:
– Tags
– Software
– Reader
– Other Product Types

Types Covered:
– Semi-Passive
– Passive
– Active

Frequency Bands Covered:
– Active Ultra-High
– High
– Low
– Microwave
– Ultra High

Form Factors Covered:
– Paper Tickets
– Label
– Key Fob
– Implants
– Card
– Button
– Wristband
– Other Form Factors

Wafer Sizes Covered:
– 300mm
– 200mm
– 450mm
– Other Wafer Sizes

Materials Covered:
– Glass
– Metal
– Paper
– Plastic
– Other Materials

End Users Covered:
– Telemetry
– Surveillance and Security
– Transportation
– Consumer Goods
– House ware
– Medical
– Beauty
– Government
– Banking, Financial services, and Insurance (BFSI)
– Footwear
– Security & Access Control
– Retail
– Defense
– Aerospace
– Logistic & Supply Chain
– Healthcare
– Transportation
– Commercial
– Agriculture
– Other End Users

Regions Covered:
– North America
o US
o Canada
o Mexico
– Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
– Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
– South America
o Argentina
o Brazil
o Chile
o Rest of South America
– Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

Interested in purchasing this Report? Click here @ https://www.premiummarketinsights.com/buy/SMRC00019564

What our report offers:
– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
– Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
– Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
– Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Continue…

Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: [email protected]

About Premium Market Insights:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.