RFID Tags Market Research Reportβ€”Global Forecast till 2027

RFID Tags Market: Information by Frequency (Low Frequency, High Frequency, And Ultra-High Frequency), Standard (ISO 14443, ISO 18000-3, ISO 18000-6, and ISO 15693), Application (Transportation, Agriculture, Logistics, Healthcare, Aerospace, Retail), Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Forecast till 2027

ID: MRFR/SEM/1476-CR | April 2022 | Region: Global | 137 Pages         

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

4 MARKET DYNAMICS

4.1 OVERVIEW

4.2 DRIVERS

4.2.1 INCREASED DEMAND FOR PACKAGED GOODS AND SHIPMENTS

4.2.2 GROWING MARKET COMPETITIVENESS LEADING TO AVAILABILITY OF COST-EFFECTIVE RFID SOLUTIONS

4.2.3 INCREASING REGULATIONS AND GOVERNMENT INITIATIVES

4.2.4 DRIVERS IMPACT ANALYSIS

4.3 RESTRAINT

4.3.1 CONCERNS REGARDING DATA SECURITY AND PRIVACY

4.3.2 HIGH PURCHASE, INSTALLATION, AND MAINTENANCE COSTS

4.4 OPPORTUNITY

4.4.1 GROWING TREND OF CHIPLESS RFID SOLUTIONS

4.4.2 RISING ADOPTION OF RFID TAGS IN INDUSTRY 4.0, IOT, AND SMART MANUFACTURING

4.5 CHALLENGES

4.5.1 LACK OF BACKEND SUPPORT FOR LARGE VOLUMES OF DATA

4.6 COVID-19 IMPACT ANALYSIS

4.6.1 ECONOMIC IMPACT ON THE MANUFACTURING INDUSTRY

4.6.2 IMPACT ON THE RFID INDUSTRY

4.6.2.1 IMPACT ON PRODUCTION

4.6.2.2 IMPACT ON SUPPLY CHAIN

4.6.2.3 IMPACT ON RAW MATERIALS

4.6.2.4 CASH FLOW CONSTRAINTS

4.6.3 IMPACT ON WORLD TRADE

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS

5.1.1 COMPONENT SUPPLIERS

5.1.2 RFID TAG MANUFACTURERS

5.1.3 DISTRIBUTION CHANNELS

5.1.4 END USE

5.2 PORTER’S FIVE FORCES MODEL

5.2.1 THREAT OF NEW ENTRANTS

5.2.2 BARGAINING POWER OF SUPPLIERS

5.2.3 THREAT OF SUBSTITUTES

5.2.4 BARGAINING POWER OF BUYERS

5.2.5 RIVALRY

6 GLOBAL RFID TAGS MARKET, BY FREQUENCY

6.1 INTRODUCTION

6.2 LOW FREQUENCY

6.3 HIGH FREQUENCY

6.4 ULTRA-HIGH FREQUENCY

7 GLOBAL RFID TAGS MARKET, BY STANDARD

7.1 INTRODUCTION

7.2 ISO 14443

7.3 ISO 18000-3

7.4 ISO 18000-6

7.5 ISO 15693

7.6 OTHERS

8 GLOBAL RFID TAGS MARKET, BY APPLICATION

8.1 INTRODUCTION

8.2 TRANSPORTATION

8.3 AGRICULTURE

8.4 LOGISTICS

8.5 HEALTHCARE

8.6 AEROSPACE

8.7 RETAIL

8.8 OTHERS

9 GLOBAL RFID TAGS MARKET, BY REGION

9.1 OVERVIEW

9.2 NORTH AMERICA

9.2.1 US

9.2.2 CANADA

9.2.3 MEXICO

9.3 EUROPE

9.3.1 GERMANY

9.3.2 UK

9.3.3 FRANCE

9.3.4 ITALY

9.3.5 REST OF EUROPE

9.3.6 RUSSIA

9.4 ASIA-PACIFIC

9.4.1 CHINA

9.4.2 JAPAN

9.4.3 INDIA

9.4.4 SOUTH KOREA

9.4.5 REST OF ASIA-PACIFIC

9.5 MIDDLE EAST & AFRICA

9.5.1 UAE

9.5.2 SAUDI ARABIA

9.5.3 SOUTH AFRICA

9.5.4 REST OF MIDDLE EAST & AFRICA

9.6 SOUTH AMERICA

9.6.1 BRAZIL

9.6.2 ARGENTINA

9.6.3 REST OF SOUTH AMERICA

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW

10.2 MARKET SHARE ANALYSIS

10.3 COMPETITIVE BENCHMARKING

10.4 COMPETITOR DASHBOARD

10.5 KEY DEVELOPMENTS & GROWTH STRATEGIES

10.5.1 PRODUCT LAUNCHES/PRODUCT DEVELOPMENTS/SERVICE DEPLOYMENTS

11 COMPANY PROFILE

11.1 NXP SEMICONDUCTORS N.V.

11.1.1 COMPANY OVERVIEW

11.1.2 FINANCIAL OVERVIEW

11.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.4 K KEY DEVELOPMENTS

11.1.5 SWOT ANALYSIS

11.1.6 KEY STRATEGIES

11.2 INVENGO INFORMATION TECHNOLOGY CO., LTD

11.2.1 COMPANY OVERVIEW

11.2.2 FINANCIAL OVERVIEW

11.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.2.4 KEY DEVELOPMENTS

11.2.5 KEY STRATEGIES

11.3 HONEYWELL INTERNATIONAL INC

11.3.1 COMPANY OVERVIEW

11.3.2 FINANCIAL OVERVIEW

11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.3.4 KEY DEVELOPMENTS

11.3.5 SWOT ANALYSIS

11.3.6 KEY STRATEGIES

11.4 HID GLOBAL CORPORATION

11.4.1 COMPANY OVERVIEW

11.4.2 FINANCIAL OVERVIEW

11.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.4.4 KEY DEVELOPMENTS

11.4.5 KEY STRATEGIES

11.5 APPLIED WIRELESS, INC

11.5.1 COMPANY OVERVIEW

11.5.2 FINANCIAL OVERVIEW

11.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.5.4 KEY DEVELOPMENTS

11.5.5 KEY STRATEGIES

11.6 OMNI-ID

11.6.1 COMPANY OVERVIEW

11.6.2 FINANCIAL OVERVIEW

11.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.6.4 KEY DEVELOPMENTS

11.6.5 KEY STRATEGIES

11.7 CORERFID LTD

11.7.1 COMPANY OVERVIEW

11.7.2 FINANCIAL OVERVIEW

11.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.7.4 KEY DEVELOPMENTS

11.7.5 KEY STRATEGIES

11.8 GAO RFID INC

11.8.1 COMPANY OVERVIEW

11.8.2 FINANCIAL OVERVIEW

11.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.8.4 KEY DEVELOPMENTS

11.8.5 KEY STRATEGIES

11.9 CAEN RFID S.R.L

11.9.1 COMPANY OVERVIEW

11.9.2 FINANCIAL OVERVIEW

11.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.9.4 KEY DEVELOPMENTS

11.9.5 KEY STRATEGIES

11.10 ALIEN TECHNOLOGY, LLC

11.10.1 COMPANY OVERVIEW

11.10.2 FINANCIAL OVERVIEW

11.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.10.4 KEY DEVELOPMENTS

11.10.5 KEY STRATEGIES

11.11 IMPINJ, INC

11.11.1 COMPANY OVERVIEW

11.11.2 FINANCIAL OVERVIEW

11.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.11.4 KEY DEVELOPMENTS

11.11.5 SWOT ANALYSIS

11.11.6 KEY STRATEGIES

11.12 AVERY DENNISON CORPORATION

11.12.1 COMPANY OVERVIEW

11.12.2 FINANCIAL OVERVIEW

11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.12.4 KEY DEVELOPMENTS

11.12.5 SWOT ANALYSIS

11.12.6 KEY STRATEGIES

11.13 ZEBRA TECHNOLOGIES CORP

11.13.1 COMPANY OVERVIEW

11.13.2 FINANCIAL OVERVIEW

11.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.13.4 KEY DEVELOPMENTS

11.13.5 SWOT ANALYSIS

11.13.6 KEY STRATEGIES

11.14 TAGEOS

11.14.1 COMPANY OVERVIEW

11.14.2 FINANCIAL OVERVIEW

11.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.14.4 KEY DEVELOPMENTS

11.14.5 KEY STRATEGIES

11.15 IDENTIV, INC

11.15.1 COMPANY OVERVIEW

11.15.2 FINANCIAL OVERVIEW

11.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.15.4 KEY DEVELOPMENTS

11.15.5 SWOT ANALYSIS

11.15.6 KEY STRATEGIES

 

LIST OF TABLES

TABLE 1 GLOBAL RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 2 GLOBAL RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 3 GLOBAL RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 4 GLOBAL RFID TAGS MARKET, BY REGION, 2019–2027 (USD MILLION)

TABLE 5 NORTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 6 NORTH AMERICA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 7 NORTH AMERICA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 8 NORTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 9 US: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 10 US: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 11 US: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 12 CANADA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 13 CANADA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 14 CANADA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 15 MEXICO: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 16 MEXICO: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 17 MEXICO: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 18 EUROPE: RFID TAGS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 19 EUROPE: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 20 EUROPE: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 21 EUROPE: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 22 GERMANY: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 23 GERMANY: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 24 GERMANY: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 25 UK: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 26 UK: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 27 UK: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 28 FRANCE: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 29 FRANCE: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 30 FRANCE: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 31 ITALY: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 32 ITALY: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 33 ITALY: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 34 REST OF EUROPE: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 35 REST OF EUROPE: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 36 REST OF EUROPE: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 37 RUSSIA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 38 RUSSIA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 39 RUSSIA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 40 ASIA-PACIFIC: RFID TAGS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 41 ASIA-PACIFIC: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 42 ASIA-PACIFIC: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 43 ASIA-PACIFIC: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 44 CHINA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 45 CHINA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 46 CHINA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 47 JAPAN: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 48 JAPAN: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 49 JAPAN: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 50 INDIA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 51 INDIA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 52 INDIA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 53 SOUTH KOREA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 54 SOUTH KOREA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 55 SOUTH KOREA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 56 REST OF ASIA-PACIFIC: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 57 REST OF ASIA-PACIFIC: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 58 REST OF ASIA-PACIFIC: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 59 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 60 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 61 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 62 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 63 UAE: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 64 UAE: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 65 UAE: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 66 SAUDI ARABIA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 67 SAUDI ARABIA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 68 SAUDI ARABIA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 69 SOUTH AFRICA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 70 SOUTH AFRICA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 71 SOUTH AFRICA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 72 REST OF MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 73 REST OF MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 74 REST OF MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 75 SOUTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)

TABLE 76 SOUTH AMERICA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 77 SOUTH AMERICA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 78 SOUTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 79 BRAZIL: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 80 BRAZIL: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 81 BRAZIL: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 82 ARGENTINA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 83 ARGENTINA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 84 ARGENTINA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 85 REST OF SOUTH AMERICA: RFID TAGS MARKET, BY FREQUENCY, 2019–2027 (USD MILLION)

TABLE 86 REST OF SOUTH AMERICA: RFID TAGS MARKET, BY STANDARD, 2019–2027 (USD MILLION)

TABLE 87 REST OF SOUTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)

TABLE 88 PRODUCT LAUNCHES/SERVICE DEPLOYMENTS

TABLE 89 NXP SEMICONDUCTORS N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 90 NXP SEMICONDUCTORS N.V.: KEY DEVELOPMENTS

TABLE 91 INVENGO INFORMATION TECHNOLOGY CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 92 INVENGO INFORMATION TECHNOLOGY CO., LTD: KEY DEVELOPMENTS

TABLE 93 HONEYWELL INTERNATIONAL INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 94 HONEYWELL INTERNATIONAL INC: KEY DEVELOPMENTS

TABLE 95 HID GLOBAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 96 HID GLOBAL CORPORATION: KEY DEVELOPMENTS

TABLE 97 APPLIED WIRELESS, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 98 OMNI-ID: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 99 OMNI-ID: KEY DEVELOPMENTS

TABLE 100 CORERFID LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 101 GAO RFID INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 102 CAEN RFID S.R.L: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 103 ALIEN TECHNOLOGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 104 ALIEN TECHNOLOGY, LLC: KEY DEVELOPMENTS

TABLE 105 IMPINJ, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 106 IMPINJ, INC: KEY DEVELOPMENTS

TABLE 107 AVERY DENNISON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 108 AVERY DENNISON CORPORATION: KEY DEVELOPMENTS

TABLE 109 ZEBRA TECHNOLOGIES CORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 110 TAGEOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 111 TAGEOS: KEY DEVELOPMENTS

TABLE 112 IDENTIV, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 113 IDENTIV, INC: KEY DEVELOPMENTS

 

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS

FIGURE 2 GLOBAL RFID TAGS MARKET: MARKET STRUCTURE

FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES

FIGURE 4 MARKET DYNAMICS ANALYSIS OF GLOBAL RFID TAGS MARKET

FIGURE 5 DRIVERS IMPACT ANALYSIS: GLOBAL RFID TAGS MARKET

FIGURE 6 RESTRAINT IMPACT ANALYSIS: GLOBAL RFID TAGS MARKET

FIGURE 7 SUPPLY CHAIN ANALYSIS: GLOBAL RFID TAGS MARKET

FIGURE 8 PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL RFID TAGS MARKET

FIGURE 9 GLOBAL RFID TAGS MARKET, BY FREQUENCY, 2020 VS 2027 (USD MILLION)

FIGURE 10 GLOBAL RFID TAGS MARKET, BY STANDARD, 2020 VS 2027 (USD MILLION)

FIGURE 11 GLOBAL RFID TAGS MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION)

FIGURE 12 GLOBAL RFID TAGS MARKET, BY REGION, 2020 VS 2027 (USD MILLION)

FIGURE 13 NORTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2020 VS 2027 (USD MILLION)

FIGURE 14 NORTH AMERICA: RFID TAGS MARKET, BY FREQUENCY, 2020 VS 2027 (USD MILLION)

FIGURE 15 NORTH AMERICA: RFID TAGS MARKET, BY STANDARD, 2020 VS 2027 (USD MILLION)

FIGURE 16 NORTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION)

FIGURE 17 EUROPE: RFID TAGS MARKET, BY COUNTRY, 2020 VS 2027 (USD MILLION)

FIGURE 18 EUROPE: RFID TAGS MARKET, BY FREQUENCY, 2020 VS 2027 (USD MILLION)

FIGURE 19 EUROPE: RFID TAGS MARKET, BY STANDARD, 2020 VS 2027 (USD MILLION)

FIGURE 20 EUROPE: RFID TAGS MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION)

FIGURE 21 ASIA-PACIFIC: RFID TAGS MARKET, BY COUNTRY, 2020 VS 2027 (USD MILLION)

FIGURE 22 ASIA-PACIFIC: RFID TAGS MARKET, BY FREQUENCY, 2020 VS 2027 (USD MILLION)

FIGURE 23 ASIA-PACIFIC: RFID TAGS MARKET, BY STANDARD, 2020 VS 2027 (USD MILLION)

FIGURE 24 ASIA-PACIFIC: RFID TAGS MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION)

FIGURE 25 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY COUNTRY, 2020 VS 2027 (USD MILLION)

FIGURE 26 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY FREQUENCY, 2020 VS 2027 (USD MILLION)

FIGURE 27 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY STANDARD, 2020 VS 2027 (USD MILLION)

FIGURE 28 MIDDLE EAST & AFRICA: RFID TAGS MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION)

FIGURE 29 SOUTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2020 VS 2027 (USD MILLION)

FIGURE 30 SOUTH AMERICA: RFID TAGS MARKET, BY FREQUENCY, 2020 VS 2027 (USD MILLION)

FIGURE 31 SOUTH AMERICA: RFID TAGS MARKET, BY STANDARD, 2020 VS 2027 (USD MILLION)

FIGURE 32 SOUTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2020 VS 2027 (USD MILLION)

FIGURE 33 MARKET SHARE ANALYSIS, 2020 (%)

FIGURE 34 BENCHMARKING OF MAJOR COMPETITORS

FIGURE 35 COMPETITOR DASHBOARD: GLOBAL RFID TAGS MARKET

FIGURE 36 NXP SEMICONDUCTORS N.V.: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 37 NXP SEMICONDUCTORS N.V.: SWOT ANALYSIS

FIGURE 38 HONEYWELL INTERNATIONAL INC: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 39 HONEYWELL INTERNATIONAL INC: SWOT ANALYSIS

FIGURE 40 IMPINJ, INC: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 41 IMPINJ, INC: SWOT ANALYSIS

FIGURE 42 AVERY DENNISON CORPORATION: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 43 AVERY DENNISON CORPORATION: SWOT ANALYSIS

FIGURE 44 ZEBRA TECHNOLOGIES CORP: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 45 ZEBRA TECHNOLOGIES CORP: SWOT ANALYSIS

FIGURE 46 IDENTIV, INC: FINANCIAL OVERVIEW SNAPSHOT

FIGURE 47 IDENTIV, INC: SWOT ANALYSIS

RFID Tags Market

RFID Tags market is expected to reach USD 7,982.2 million by 2027 and register a CAGR of 13.67% during the forecast period of 2021 to 2027.

Segmentation

By Frequency Low Frequency High Frequency And Ultra High Frequency
By Standard Iso 14443 Iso 18000 3 Iso 18000 6 And Iso 15693
By Application Transportation Agriculture Logistics Healthcare Aerospace Retail

Key Players

  • NXP Semiconductors N.V.
  • Invengo Information Technology Co. Ltd
  • Honeywell International Inc
  • HID Global Corporation
  • Applied Wireless
  • Inc OMNI-ID
  • CORERFID LTD
  • GAO RFID Inc
  • Caen RFID S.R.L
  • Alien Technology

Drivers

  • Increased demand for packaged goods and shipments
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RFID Tags Market Overview


The global RFID Tags market is expected to reach USD 7,982.2 million by 2027 and register a CAGR of 13.67% during the forecast period of 2021 to 2027. The global RFID or Radio-Frequency Identification tags market is a highly competitive business market, extremely in demand with many players across the globe promoting and sustaining the market to the fullest. Technological advancements have achieved a certain milestone in its field through research and development. Ongoing research has boosted significantly over the past decade, with the newly developed and upgraded machinery and solutions being introduced to streamline the market and cater to the end-user industry all over the past decade across the globe. The global RFID tags markets are defined by certain global and regional level service providers who are globally and continuously used by service providers and enhance their market value with the enormous success of the product. The use of Radio Frequency Identification tags for medical and industrial applications can be the key factor aiding the massive growth of the RFID tags market popularity globally. 


However, complexities are sometimes seen during manufacturing if their required phenomenon is not provided for the market. It may see a great loss as well. The RFID tag manufacturers are especially based on the products' technology, efficiency, and reliability to sustain in the RFID tags market. The RFID tag manufacturers, in high demand in the market, acquire higher and wider positions and need to provide products or solutions according to the need of the industry and customers. The need for the technology and advanced equipment, too, need recognition to grow and maintain its position in the market.


Market Overview:


The global RFID tags market is a highly competitive business, with a large number of players spread across the globe, mainly in North America and Asia-Pacific. The technological advancements and ongoing research have boosted significantly over the past decade, with new machinery and solutions being introduced to streamline the market and cater to a wide range of end user industries. The RFID tags market is projected to grow at a significant rate over the next decade due to the factors mentioned below.


Impact of COVID-19 on RFID Tags Market


All countries worldwide are trying to strike a fine balance between protecting health, minimizing economic and social disruption, and respecting human rights. The growing spread of the COVID-19 pandemic has led to disruptions in the raw material market. Restrictions to shipping and industrial production are affecting multiple supply chains. Distribution of components, which is one of the key processes in manufacturing industries, is facing challenges such as staffing of warehouses, need for direct distribution, and more intelligent and responsive allocation across channels due to the pandemic, which pressurized supply chains. The impact on the US market from the disruptions in China will be significant and will have a huge effect on the world economy and largely disrupt the supply chain across the globe.


Market Dynamics


Drivers


  • Increased demand for packaged goods and shipments


Strong economic development and technological changes in the manufacturing sector have enhanced the productivity of manufacturers across industries. Digitalization is aiding the manufacturing sector to produce cost-effective and quality consumer goods. Governments across the globe are taking initiatives to promote automation and digitalization of various industry verticals such as electrical & electronics, pharmaceuticals, automotive & transportation, machine manufacturing, and oil & gas. As a result, the manufacturing facilities increasingly need to monitor equipment condition and performance, defects in processes, and system failures and ensure predictive maintenance of equipment and systems by integrating specialized tools and adopting quality management practices. Using RFID technology for plant asset management helps manufacturers achieve this goal. A combination of RFID tags and sensor solutions is an ideal solution for various locations in a manufacturing facility, such as cameras, boilers, conveyors, tanks, and pipes, to manage and maintain the quality and output of a manufacturing process. The RFID tags are attached to movable assets such as tools, manufacturing equipment, and process components that are part of a final product to track them throughout the process.



  • Growing market competitiveness leading to availability of cost-effective RFID solutions

  • Increasing regulations and government initiatives


Restraints


  • Concerns regarding data security and privacy


Data security and privacy are highly important considerations for the RFID tags market, especially since the technology deals with the sensitive information of clients. In case of a data breach or loss, the ramifications are significant and serious for the manufacturer and the installing company. In today’s fast-paced and highly volatile world, information security and user privacy can make or break a company’s fortunes.


Most users demand robust security and safeguarding encryption technology that will only enable them to access the information and are not even in favor of the handling companies having any access to their personal information. Cybersecurity threats are mounting, with many hackers trying to infiltrate the systems for financial gains or mischief. In today’s context, data security and privacy are of paramount importance. Thus, the increasing need for innovation in effectively securing RFIDs due to rising concerns regarding data security and privacy is expected to restrict the growth of the global RFID tags market during the forecast period.



  • High purchase, installation, and maintenance costs


Opportunity


  • Growing trend of chipless RFID solutions


Chipless RFID with passive tags is among the latest technological innovations in the RFID tags market. These devices can be 3D printed on different materials, making them easy to manufacture and ecologically sustainable. Additionally, due to the low manufacturing cost and non-line of tag detection features, chipless RFID technology is suitable to replace the conventionally used barcodes. Printing on numerous materials is especially helpful in the business context. The manufacturer has the liberty to label the RFID per their guidelines, which is not the case for barcodes.


Chipless RFID tags can be segmented into four main groups per their encoding techniques. The four types are ‘Time Domain Tags,’ ‘Frequency Domain Tags,’ ‘Image Base Tags,’ and ‘Hybrid Tags.’ Data can be coded into a chipless RFID tag based on numerous electromagnetic aspects of the chipless tag depending upon time, frequency, phase, amplitude, or polarisation. Thus, the growing trend of chipless RFID solutions is expected to present a growth opportunity for the vendors operating in the global RFID tags market.



  • Rising adoption of RFID tags in industry 4.0, IOT, and smart manufacturing


RFID Tags Market Segment Overview:


By Frequency


  • Low Frequency


The low frequency (LF) band is the frequency range from 30 kHz to 300 kHz. These tags have a slow data transfer rate and low read distance. The LF tags are based on inductive coupling technology, which means that the RFID reader induces a current in the RFID tag that then powers the RFID tag and sends out some basic identification information to the RFID reader.



  • High Frequency


The high frequency (HF) band ranges from 3 to 30 MHz. HF RFID tags and readers usually operate at frequencies between 1.75 MHz and 13.56 MHz. These tags have a wide range of transfer rates and read distances. Furthermore, they can transmit through RFID opaque materials. HF RFID tags also are based on inductive coupling technology. These tags are usually passive and do not require a power source or battery.



  • Ultra-High Frequency


The UHF passive RFID tags offer the longest read range and highest reading speed among all types of passive tags. Passive RFID tags have a frequency range of 860–960 MHz. UHF active tags have two key operating frequencies: 433 MHz and 2.45 GHz. These tags have the longest read range among all tags, which is around 150 meters. UHF passive tags can be read from a distance of approximately 5-6m; larger UHF passive tags can read more than 30m in ideal conditions.


By Standard


  • ISO 14443


ISO 14443 is an international standard, which describes how contactless cards and terminals should work in order to ensure industry-wide compatibility. The cards may be Type A or Type B, both of which communicate via radio at 13.56 MHz (RFID HF). Both these types of cards use the same transmission protocol.



  • ISO 18000-3


The ISO/IEC 18000-3 is an international standard for passive RFID item-level identification. It describes the parameters for air interface communications at 13.56 MHz. It provides physical layer, collision management system and protocol values for RFID systems for item identification operating at 13,56 MHz per the requirements of ISO/IEC 18000-1.



  • ISO 18000-6


ISO 18000-6 defines the air interface for RFID devices operating in the 860 MHz–960 MHz industrial, scientific, and medical (ISM) band, usually used in item management applications. These provides a common technical specification for RFID devices that can be used by ISO committees developing RFID application standards.



  • ISO 15693


There are various HF RFID standards in place, such as the ISO 15693 standard for tracking items and the ECMA-340 and ISO/IEC 18092 standards for Near Field Communication (NFC), a short-range technology that is usually used for data exchange between devices. The NFC tag reader session delegate receives an object that conforms to the NFCISO15693Tag protocol when the NFC tag reader session detects an ISO 15693-compatible tag.


By Application


  • Transportation


Vehicle identification is used on entry to a site and for confirmation of load. Several transportation companies are using tags on vehicles to identify them when arriving at sites. This information is then fed into IT systems, such as yard management and WMS, for facilitating quicker planning/association in a loading bay and the subsequent unloading by pre-emptive resource & put-away planning by the WMS. Furthermore, RFID is used to identify if vehicles have gone to the right loading bay or filling station, such as cement silos, to check their loading of the correct grade.



  • Agriculture


The development of RFID sensors tags has improved monitoring the cold chain of perishable food products, environmental monitoring, irrigation, and farm machinery. By placing RFID tags on agricultural products, farmers can determine the health condition of the product, making it convenient for processing companies to concurrently add information on the tag, such as enterprise codes, the processing date, batch processing, and package weight.



  • Logistics


The logistics segment is expected to witness notable growth due to the high adoption of tracking systems by logistics organizations for tracking and monitoring their cargo in transit via road, air, or marine. RFID solutions enable industries to optimize their supply chain by tracking shipments, managing warehouse inventory, and streamlining the best route for the supply chain.



  • Healthcare


The RFID tags in the healthcare industry are used for patient tracking, surgery asset management, medication authentication, and control. RFID tags are used to track assets even as they move inside or outside of the hospital premises. It is also used for reducing operational costs and a rise in the incidence of medical device theft cases in the healthcare sector.



  • Aerospace


Recently, the adoption of RFID tags by leading companies such as Airbus, Boeing, and the US Department of Defense, has increased substantially. RFID tags are widely used in the aerospace industry owing to their benefits, such as enhanced supply chain visibility, efficient logistics, robust asset management, and efficient logistics and manufacturing operations.



  • Retail


RFID tags in retail can be used to prevent theft and track items that are frequently moved and often misplaced. It allows retailers to track their inventory throughout the retail supply chain, from the warehouse shelves to the sales floor. Retail stores, especially clothing stores, are driving the growth in the RFID tags market by using these tags to maximize inventory applicability and enhance the consumer experience.


RFID Tags Market Regional Analysis


The global RFID tags market has been segmented, on the basis of region, into North America, Europe, Asia-Pacific, South America, Middle East & Africa.


North America RFID Tags Market Share (%), by Country, 2020
North America RFID Tags Market Share (%), by Country, 2020
North America


The US dominated the North American RFID tags market in 2020 with a share of 65.4%. The US market has witnessed an increase in the adoption of RFID tags for several applications in the manufacturing, healthcare, transportation & logistics, supply chain, animal tracking, and retail industries. The use of RFID is high in supply chain monitoring for tracking assets in real-time. Various hospitals in the US use RFID tags for applications such as equipment tracking, patient monitoring, and other tracking tasks. The increasing need to improve inventory management and the rise in the shipment of packaged goods through e-commerce are key factors accelerating the growth of the RFID tags in the US. Zebra Technologies Corporation and Honeywell International are among the major key players manufacturing RFID tags in the US market.  


Europe


The European market is expected to contribute significant revenue share to the RFID tags market, owing to increasing adoption from food & beverage manufacturers. RFID tags are mostly used in the manufacturing and retail industries. Additionally, the increasing government initiatives, growing investments by aerospace and aircraft manufacturers, and consistent rise in demand for low-cost prototypes have led to the growth of the region's RFID tags market. Furthermore, the adoption of RFID tags has enabled hospitals to account for medical equipment and track and monitor patients and medical samples such as test tubes and blood bags, thereby bolstering the growth of the RFID tags market in Europe.


Competitive Landscape


The global RFID tags market consists of various global and regional service providers that are continuously evolving to enhance their market position. The use of RFID tags for medical and industrial applications are the key factors that are aiding the RFID tags market growth. However, manufacturing complexities challenge the RFID tags market growth issues are expected to limit the market's growth during the forecast period. The RFID tag manufacturers compete based on technology, efficiency, and reliability of products to sustain in the RFID tags market. RFID tag manufacturers need to provide products or solutions according to the need of the industry and customers’ needs and advanced technology to maintain their market position and gain a competitive advantage.


RFID Tags Market Key Players


The prominent players in the global RFID Tags market are NXP Semiconductors N.V., Invengo Information Technology Co., Ltd, Honeywell International Inc, HID Global Corporation, Applied Wireless, Inc, OMNI-ID, CORERFID LTD, GAO RFID Inc, Caen RFID S.R.L, Alien Technology, LLC, Impinj, Inc, Avery Dennison Corporation, Zebra Technologies Corp, Tageos, and Identiv, Inc. among others.


RFID Tags Market Recent Developments


April 2021- Last year, The Honeywell International and Micro Innovation Collaborative Centre announced the implementation of a new thermal screening and risk self-assessment process to improve operations and occupancy in the market.


 


February 2021- NXP Semiconductors N.V. launched with a certified strategy for multiple clouds ranging from frequency to providing better opportunities in market acceptance.


 


January 2020- The environment-friendly market body was introduced. These RFID (Radio Frequency Identification) and NFC (Near Field Communication) tag inlays are designed to


promote a market and expand the market portfolio.


RFID Tags Market Report Overview


The study covers the existing short-term and long-term market effects, helping decision-makers draft short-term and long-term plans for businesses by region. The report covers major regions in North America, Europe, Asia-Pacific, and the Rest of the World. The report analyzes market drivers, restraints, opportunities, challenges, Porter's Five Forces, value chain, and impact of COVID-19 on the RFID tags market.


Market Segmentation


Global RFID Tags Market, by Frequency



  • Low Frequency

  • High Frequency

  • Ultra-High Frequency


Global RFID Tags Market, by Standard



  • ISO 14443

  • ISO 18000-3

  • ISO 18000-6

  • ISO 15693

  • Others


Global RFID Tags Market, by Application



  • Transportation

  • Agriculture

  • Logistics

  • Healthcare

  • Aerospace

  • Retail

  • Others


Global RFID Tags Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Russia

    • Rest of Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • South Korea

    • Rest of Asia-Pacific



  • Middle East & Africa

    • UAE

    • Saudi Arabia

    • South Africa

    • Rest of Middle East & Africa



  • South America

    • Brazil

    • Argentina

    • Rest of South America





Report Scope:

Report Attribute/Metric Details
  Market Size   2027: USD 7,982.2 Million
  CAGR   13.67%
  Base Year   2020
  Forecast Period   2021-2027
  Historical Data   2018 & 2019
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Frequency, Standard, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, South America, Middle East & Africa
  Key Vendors   NXP Semiconductors N.V., Invengo Information Technology Co., Ltd., Honeywell International Inc, HID Global Corporation, Applied Wireless, Inc, OMNI-ID, CORERFID LTD, GAO RFID Inc, Caen RFID S.R.L, Alien Technology, LLC, Impinj, Inc, Avery Dennison Corporation, Zebra Technologies Corp, Tageos, and Identiv, Inc.
  Key Market Opportunities   β€’ Growing trend of chipless RFID solution β€’ Rising adoption of RFID tags in industry 4.0, IOT, and smart manufacturing
  Key Market Drivers   β€’ Increased demand for packaged goods and shipments β€’ Growing market competitiveness leading to availability of cost-effective RFID solutions β€’ Increasing regulations and government initiatives


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Frequently Asked Questions (FAQ) :

The RFID tags market is poised to strike 13.67% CAGR.

The key players are Alien Technology (U.S.), HID Global Corporation (U.S.), Confidex Ltd (Finland), Honeywell international Inc. (U.S.), Impinj, Inc. (U.S.), Omni-ID Ltd (U.S.), Invengo Information Technology Co. Ltd (China), The Tag Factory (India), Smartrac N.V. (Netherlands), Atmel Corporation (U.S.), CoreRFID Ltd (U.K.), RF Code Inc. (U.S.), NXP Semiconductors N.V. (Netherlands), GAO RFID Inc. (Canada), and Tageos (France).

The end-user segments are logistics and transportation, healthcare, automotive, retail, and others

APAC is presumed to growth at the highest rate.

The RFID Tags market is projecte to hit USD 7,982.2 million by 2027

The segments of the RFID tags market on the basis of type are passive, semi-passive, and active.