The RFID Market is experiencing significant growth due to the increasing penetration of Radio-Frequency Identification (RFID) technology across various industries, coupled with the evolution of the Internet of Things (IoT). The report examines the revenue impact of the COVID-19 pandemic on market leaders, followers, and disruptors, providing insights into their sales revenue dynamics.
Key findings reveal a robust growth forecast for RFID tags, driven by a reduction in costs leading to widespread adoption. Passive tags are expected to exhibit the highest growth rate, attributed to their small size, low cost, and long lifetime. Ultra-high frequency (UHF) RFID tags enable multiple tag reading, enhancing automation efficiency, and are currently regulated by a single global standard.
The report covers the period from 2022 to 2029, assessing market dynamics, key players like GAO RFID, Nedap , Zebra Technologies , GlobeRanger ,HID Global , Applied Wireless , CAEN RFID , Honeywell , Thing Magic , Identiv and SAG.It offers a comprehensive analysis of market segments, competitive landscape, and regional dynamics, facilitating strategic business planning.
It also provides quantitative analysis from 2017 to 2024, enabling stakeholders to capitalize on prevailing market opportunities. Moreover, it offers a detailed segmentation based on product, wafer size, working mechanism, frequency, form factor, label type, and geography. Regional analysis spans North America, Europe, Asia Pacific, Middle East & Africa, and Latin America, offering insights into market dynamics across key regions.
The report’s objective is to present a comprehensive overview of the North American RFID Market, catering to all industry stakeholders. It covers past and current industry status, forecasted market size, and trends, supported by detailed analysis. Additionally, it includes tools such as PORTER, SVOR, and PESTEL analysis, and the potential impact of micro-economic factors, providing decision-makers with a clear futuristic view.