Radio-Frequency Identification (RFID) Marketsize, share, Forecast 2023-2030
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.
This report aims to provide a comprehensive presentation of the global market for Radio-Frequency Identification (RFID), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Radio-Frequency Identification (RFID). This report contains market size and forecasts of Radio-Frequency Identification (RFID) in global, including the following market information:
Global Radio-Frequency Identification (RFID) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Radio-Frequency Identification (RFID) Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Radio-Frequency Identification (RFID) companies in 2022 (%)
The global Radio-Frequency Identification (RFID) market was valued at US$ 4134.9 million in 2022 and is projected to reach US$ 6879 million by 2029, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Radio-Frequency Identification (RFID) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Radio-Frequency Identification (RFID) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Radio-Frequency Identification (RFID) Market Segment Percentages, by Type, 2022 (%)
Reader
Software
Others
Global Radio-Frequency Identification (RFID) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Radio-Frequency Identification (RFID) Market Segment Percentages, by Application, 2022 (%)
BFSI
Animal Tracking/Agriculture
Commercial
Transportation
Healthcare
Logistics and Supply Chain
Aerospace
Defense
Retail
Global Radio-Frequency Identification (RFID) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Radio-Frequency Identification (RFID) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Radio-Frequency Identification (RFID) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Radio-Frequency Identification (RFID) revenues share in global market, 2022 (%)
Key companies Radio-Frequency Identification (RFID) sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Radio-Frequency Identification (RFID) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NXP Semiconductors N.V (Netherlands)
Alien Technology (US)
3M Company (U.S)
ACTAtek Technology (U.S)
Axcess International(U.S)
Impinj Inc. (US)
Ascendent ID (U.S)
Checkpointt System Inc. (U.S)
Avery Dennison Corporations (US)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Radio-Frequency Identification (RFID), market overview.
Chapter 2: Global Radio-Frequency Identification (RFID) market size in revenue and volume.
Chapter 3: Detailed analysis of Radio-Frequency Identification (RFID) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Radio-Frequency Identification (RFID) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Radio-Frequency Identification (RFID) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Radio-Frequency Identification (RFID) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Radio-Frequency Identification (RFID) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Radio-Frequency Identification (RFID) Overall Market Size
2.1 Global Radio-Frequency Identification (RFID) Market Size: 2022 VS 2029
2.2 Global Radio-Frequency Identification (RFID) Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Radio-Frequency Identification (RFID) Sales: 2018-2029
3 Company Landscape
3.1 Top Radio-Frequency Identification (RFID) Players in Global Market
3.2 Top Global Radio-Frequency Identification (RFID) Companies Ranked by Revenue
3.3 Global Radio-Frequency Identification (RFID) Revenue by Companies
3.4 Global Radio-Frequency Identification (RFID) Sales by Companies
3.5 Global Radio-Frequency Identification (RFID) Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Radio-Frequency Identification (RFID) Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Radio-Frequency Identification (RFID) Product Type
3.8 Tier 1, Tier 2 and Tier 3 Radio-Frequency Identification (RFID) Pl
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