Global Radio-Frequency Identification (RFID) Market Research Report- Forecast 2027

Radio-Frequency Identification (RFID) Market, By Product Type(Tags, Reader, Software), By Wafer size (200mm, 300mm, 450mm), By Components, Frequency,  End-User (BFSI, Retail, Government, Healthcare and others) - Global Forecast 2027

ID: MRFR/SEM/2298-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill Sample form for updated data.

Market Synopsis of Radio-Frequency Identification (RFID) Market: Market Scenario: 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 study indicates that the Radio-Frequency Identification (RFID) market is boosted by the uses of electromagnetic fields that automatically identify and track tags attached to objects. The tags contains the information that can collect the information digitally in the form of a serial number, price, or count. Also, with the help of these tags, the data can be easily recorded and recognized. Increasing use of RFID tags in supply chain management and in the healthcare sector anticipated to boost segmental revenue growth in the global RFID market


The global Radio-Frequency Identification (RFID) market is expected to grow at USD ~$31.8 Billion by 2023, at ~15.6% of CAGR between 2017 and 2023.


Study Objectives of Radio-Frequency Identification (RFID) Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Radio-Frequency Identification (RFID) market.

  • To provide insights about factors affecting the market growth.

  • To analyze the Radio-Frequency Identification (RFID) market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of Product Type, Wafer size, Components, Frequency, end users and region.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Radio-Frequency Identification (RFID)


 


Radio-Frequency Identification (RFID) Market Radio-Frequency Identification (RFID) Market

Key Players: The prominent players in the Radio-Frequency Identification (RFID) Market are: 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),  and Avery Dennison Corporations (US), among others.


 


Segments: The global Radio-Frequency Identification (RFID) market has been segmented on the basis of product type, wafer size, components, frequency, end users and region.


Radio-Frequency Identification (RFID) Market by Product Type:



  • Tags

  • Reader

  • Software

  • Others


 


Radio-Frequency Identification (RFID) Market by Wafer size:



  • 200mm

  • 300mm

  • 450mm

  • Others


 


Radio-Frequency Identification (RFID) Market by Components:



  • Passive RFID

  • Active RFID

  • Others


Radio-Frequency Identification (RFID) Market by Frequency:



  • Low Frequency

  • High Frequency

  • Ultra-high Frequency

  • Active Ultra-High Frequency


 


Radio-Frequency Identification (RFID) Market by End- Users:



  • BFSI

  • Animal Tracking/Agriculture

  • Commercial

  • Transportation

  • Healthcare

  • Logistics and Supply Chain

  • Aerospace

  • Defense

  • Retail

  • Security and Access Control

  • Sports

  • Others


 


Regional Analysis: 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.


 


Intended Audience



  • Software investors

  • Security solution vendors

  • RFID service providers

  • Value-added Resellers

  • Distributers

  • Investors and Venture Capitalist

  • Security Management Service Provider

  • Security Equipment Providers

  • Security Agencies

  • System Integrators

  • Research/Consultancy firms



Frequently Asked Questions (FAQ) :


The global radio frequency identification (RFID) market is expected to record a substantial market valuation of USD 31.8 billion by 2023.

The global radio frequency identification (RFID) market is projected to register a moderate 15.6% CAGR in the forecast period.

The increasing use of RFID tags in supply chain management and increasing adoption in many end-use industries such as healthcare, are expected to drive the radio frequency identification (RFID) market during the forecast period.

Tag product type segment is slated to expand as the fastest-growing segment over the review period.

Asia-Pacific is the fastest-growing region, which is projected to show high growth during the forecast period.

The major market players operating in the global radio frequency identification (RFID) market are NXP Semiconductors N.V (Netherlands), 3M Company (U.S), Alien Technology (US),ACTAtek Technology (U.S), and others.

TABLE OF CONTENTS

1 MARKETINTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE:

1.3.1 GLOBAL RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY PRODUCT TYPE

1.3.2 GLOBAL RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY WAFER SIZE

1.3.3 GLOBAL RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY COMPONENTS

1.3.3 GLOBAL RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY FREQUENCY

1.3.4 GLOBAL RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY END USER

1.3.5 GLOBAL RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY REGION

2 RESEARCH METHODOLOGY

2.1 RESEARCH PRODUCT TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

3 MARKETDYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

4 EXECUTIVE SUMMARY

5. MARKETFACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY PRODUCT TYPE

6.2.1.1 TAGS

6.2.1.2 SOFTWARE

6.2.1.3 READER

6.2.1.4 OTHERS

6.2.2 BY COMPONENTS

6.2.2.1 PASSIVE RFID

6.2.2.2 ACTIVE RFID

6.2.2.2 OTHERS

6.2.3 BY WAFER SIZE

6.2.3.1 200MM

6.2.3.2 300MM

6.2.3.3 450MM

6.2.3.4 OTHERS

6.2.4 BY END-USER

6.2.4.1 ANIMAL TRACKING/AGRICULTURE

6.2.4.2 BFSI

6.2.4.3 GOVERNMENT AND DEFENSE

6.2.4.4 TELECOMMUNICATIONS AND IT

6.2.4.5 RETAIL AND E-COMMERCE

6.2.4.6 COMMERCIAL

6.2.4.7 HEALTHCARE

6.2.4.8 TRANSPORTATION AND LOGISTICS

6.2.4.9 LOGISTICS AND SUPPLY CHAIN

6.2.4.10 OTHERS

6.2.5 BY REGION

6.2.5.1 NORTH AMERICA

6.2.5.2 EUROPE

6.5.2.3 ASIA-PACIFIC

6.5.2.4 REST OF WORLD

7 COMPANY PROFILES

7.1 IMPINJ INC. (US)

7.2 NXP SEMICONDUCTORS N.V (NETHERLANDS)

7.3 ALIEN TECHNOLOGY (US)

7.4 AVERY DENNISON CORPORATIONS (US)

7.5 3M COMPANY (U.S)

7.6 CHECKPOINTT SYSTEM INC. (U.S)

7.7 ACTATEK TECHNOLOGY (U.S)

7.8 AXCESS INTERNATIONAL, INC. (U.S)

7.9 ASCENDENT ID (U.S)

7.10 OTHERS

LIST OF TABLES

TABLE 1 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 2 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 3 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 4 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER

TABLE 5 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGIONS

TABLE 6 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 7 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 8 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 9 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END USER

TABLE 10 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION

TABLE 11 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 12 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 13 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 14 U.S. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER

TABLE 15 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 16 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 17 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 18 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER

TABLE 19 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION

TABLE 20 FRANCE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION

TABLE 21 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 22 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 23 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 24 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER

TABLE 25 U.K. RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION

TABLE 26 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 27 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 28 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 29 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER

TABLE 30 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION

TABLE 31 REST OF WORLD RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE

TABLE 32 REST OF WORLD RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS

TABLE 33 REST OF WORLD RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE

TABLE 34 REST OF WORLD RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER

TABLE 35 REST OF WORLD RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY PRODUCT TYPE (%)

FIGURE 3 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY COMPONENTS (%)

FIGURE 4 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY WAFER SIZE (%)

FIGURE 5 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY END-USER (%)

FIGURE 6 RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET: BY REGION (%)

FIGURE 7 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE (%)

FIGURE 8 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS (%)

FIGURE 9 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE (%)

FIGURE 10 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER (%)

FIGURE 11 NORTH AMERICA RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION (%)

FIGURE 12 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE (%)

FIGURE 13 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS (%)

FIGURE 14 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE (%)

FIGURE 15 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER (%)

FIGURE 16 EUROPE RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION (%)

FIGURE 17 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE (%)

FIGURE 18 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS (%)

FIGURE 19 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE (%)

FIGURE 20 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER (%)

FIGURE 21 ASIA-PACIFIC RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION (%)

FIGURE 22 ROW RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY PRODUCT TYPE (%)

FIGURE 23 ROW RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY COMPONENTS (%)

FIGURE 24 ROW RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY WAFER SIZE (%)

FIGURE 25 ROW RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY END-USER (%)

FIGURE 26 ROW RADIO-FREQUENCY IDENTIFICATION (RFID) MARKET, BY REGION (%)