The study covers a detailed analysis segmented by key business segments i.e. by type (Low Frequency, High Frequency, Ultra-high Frequency and Active Ultra-High Frequency) , by application (Commercial sector, Transportation sector, Healthcare sector, Retail sector, Sports sector and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global RFID Readers market throughout the predicted period.
What is RFID Readers?
Radio Frequency Identification (RFID) technology emits radio frequency rays in portion of the electromagnetic spectrum that will identify an object, animal, device or person. RFID has applications in various sectors such as manufacturing, logistics, healthcare, and retail, among others. Deployment and management of data records in RFID tags becomes difficult than its integration in cloud based RFID as it aids in providing centralised management without increasing deployment cost. Hence RFID readers for cloud based networks will have a huge demand in forthcoming years. RFID reader is a device that is used to interrogate i.e. to identify an RFID tag. RFID reader antenna emits radio waves that communicate with radio tags which has stored specific information previously about an object or an item. This information helps in identification for an item, original storage location & history and proof of ownership.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this RFID Readers market analysis report suggests strategies Manufacturers can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, including:
- Impinj (United States)
- NXP Semiconductors (Netherlands)
- Alien Technology (United States)
- Avery Dennison (United States)
- Smatrac (Netherlands)
- Invengo (Singapore)
- Checkpoint Systems (United States)
- Mojix (United States)
- GAO RFID (United States)
- Nedap (Netherlands)
- Zebra Technologies (United States)
- GlobeRanger (United States)
- HID Global (United States)
- Applied Wireless (United States)
- CAEN RFID (Italy)
- Honeywell (United States)
- Thing Magic (United States)
- Identiv (United States)
- SAG (United States)
The market players are adopting many strategies so as to attract the audience and to gain highest market share, these strategies can be listed as maintaining product uniqueness, offering attractive discounts, mergers with related organizations, alliances with different companies to increase sales area globally and others.
Favorable Government Initiatives and High acceptance in retail sector
- High Installation Costs
- Lack of Awareness
growing attraction for RFID Tag with advanced sensors, Increasing demand from public transportation Sector and IoT Based RFID Labeling are gaining market attention
Key highlights of the Global RFID Readers market Study:
CAGR of the market during the forecast period 2019-2025
Detailed information on factors that will accelerate the growth of the RFID Readers market for the next five years.
Forecast of the Global RFID Readers market size and its contribution to the parent market by type, application and by country.
Insights on upcoming trends and changes in consumer behaviour
Uncovering markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of RFID Readers Manufacturers
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global RFID Readers market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in RFID Readers market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Government bodies, venture capitalists & private equity firms, Manufacturers of sub component, Research institutes and organizations, Software designers and manufacturers, System integrator and End-user industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.