The article cited AMA's Global Handheld RFID Readers Market Study explored substantial growth with CAGR of 8.37%. According the report, Increasing Acceptance in Retail Sector
is one of the primary growth factors for the market. Rising Application in Access Control and Security
is also expected to contribute significantly to the Handheld RFID Readers market. Overall, applications of Handheld RFID Readers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Convergence Systems Limited (China), Denso Corporation (Japan), Honeywell International Inc. (United States), Bluebird Inc. (Republic of Korea), Shenzhen Chainway Information Technology Co., Ltd. (China), Technology Solutions (UK) Ltd. (United Kingdom), Zebra Technologies Corporation (United States), FEIG Electronic (Germany), Nordic ID (Finland), Trimble Inc. (United States), AsReader, Inc. (United States), Unitech Electronics Co., Ltd. (Taiwan (R.O.C)), Alien Technology, LLC. (United States), SensThys Inc. (United States) and Invengo Information Technology Co Ltd (China) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Handheld RFID Readers market identified that the demand is rising in many different parts of the world as "RAIN RFID
". Furthermore, some recent industry insights like "In June 2020, Nordic ID has launched new rugged handheld reader which is Nordic ID HH85. It is an addition to the growing Android family and expands the company portfolio of data capturing tools., and In February 2020, Chainway has launched URA8 Fixed Android RFID Reader. It is an 8-port Android-based fixed UHF RFID reader integrated with Impinj R2000 RFID chip. It supports RS232, RJ45 and HDMI, and can be compatible with various types of antennas" is constantly making the industry dynamic. One of the challenges that industry facing is "Fluctuation in Raw Materials Prices"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Handheld RFID Readers market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Handheld RFID Readers market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Handheld RFID Readers market tight? Which application/end-user category or Product Type [Reading Unit, Display Unit and All In One Device] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Handheld RFID Readers market and other related sub-markets covered in the study.
o Key & emerging players in the Handheld RFID Readers market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Handheld RFID Readers market size is calculated using market estimation process, the Handheld RFID Readers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Handheld RFID Readers market size has been validated using both top-down and bottom-up approaches.