Global Radio Frequency Identification Market to reach USD XX million by 2025.
Global Radio Frequency Identification Market valued approximately USD XX million in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. Increasing installation of Radio frequency identification (RFID) in retail and manufacturing units for productivity and security improvement is expected to fuel the market. According to India brand equity foundation (IBEF) India's retail market is expected to increase by 60% and to reach 1.1 trillion USDUSD in 2020. Additionally, According to U.S retail industry in 2015 United States retail sector marked 50% larger share than China. Growing retail sector worldwide is anticipated to fuel RFID market.
The report on global radio frequency identification market includes products, tags, tag type, frequency and application. Products segment is further divided into tags, readers and software, tags segment includes 200mm, 300mm and Others. Tag Type is divided into Passive RFID and Active RFID. Frequency segment is segmented into low frequency, high frequency, ultra-high frequency and active ultra-high frequency and application segment includes agriculture, commercial, transportation, healthcare, logistic and supply chain, aerospace, defense, retail, security and access control and sports. Form factor is further classified into button, card, implants, key fob, label, paper tickets, wristband and others by material includes plastic, paper, metal, glass and others.
The regional analysis of market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading market region for global Radio frequency identification market in terms of market revenue share. Factors such as increasing adoption of (RFID) in retail and healthcare sector, rising government initiatives and support for the adoption of radio frequency identification services are promoting North America radio frequency identification market growth.
The leading market players mainly include-
Alien Technology
Applied Wireless RFID
Avery Dennison
Caen RFID
Checkpoint Systems
GAO RFID
Globeranger
Impinj
Invengo
Mojix
Motorola
Nedap
NXP Semiconductors
Smartrac Technology
Thingmagic
Zebra
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Products:
> Tags
> Readers
> Software's
By Tag:
> Wafer size
o 200mm
o 300mm
o Other
> Tag type
o Passive radio frequency identification (RFID)
o Active radio frequency identification (RFID)
> Frequency
o Low frequency
o High frequency
o Ultra high frequency
o Active ultra-high frequency
> Application
o Agriculture
o Commercial
o Transportation
o Healthcare
o Logistic and supply chain
o Aerospace
o Defence
o Retail
o Security and access control
o Sports
> Form factor
o Button
o Card
o Implants
o key fob
o Label
o Paper tickets
o Wristband
o Others
> Material
o Plastic
o Paper
o Metal
o Glass
o Others
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025
Target Audience of the Global Automotive Seats Market in Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors