According to a new market research report published by Credence Research “Wide Area RFID Systems Market (By Component– Tags, Readers, Antennas and Software; By End-use Industry: Automotive, Retail, Oil and Gas, Manufacturing, Healthcare and Others) Market — Growth, Future Prospects, Competitive Analysis and Forecast 2017–2025”, the global market for RFID systems across a wide area is expected to see significant growth during the forecast period from 2017 to 2025.
Browse the full Report at https://www.credenceresearch.com/report/wide-area-rfid-systems-market
Market Insights
One of the main variables driving demand for large-scale RFID devices is the increase in innovative apps. Over a lengthy span of time, RFID technology has been used in multiple end-use sectors. However, the use of this technology has been limited to limited applications such as shipment monitoring and inventory management. Wide area RFID systems allow the identification, place and authentication of multiple objects concurrently across the facility. Thereby, a broad region of RFID technologies provided a feasible alternative for retailers and fashion shop operators to precisely locate distinct kinds of products and obtain marketing ideas through the assessment of the information gathered. In addition, extensive RFID systems have been widely adopted in multiple manufacturing, automotive, petroleum and gas sectors. The use of broad area RFID technologies has allowed organisations in different manufacturing sectors to monitor assets, checked parts and other resources in real time. In addition, with lower expenses for RFID tags and readers, large area RFID devices are anticipated to see a substantial increase in acceptance in the above-mentioned end-use sectors.
Competitive Insights:
The global wide area RFID systems market is fairly fragmented with a large number of passive UHF RFID products providers across the world. However, the market has experienced an increasing number of innovative solution providers in the recent years. Companies have been working towards design and development of innovative applications to address industry specific use cases. Some of the leading providers in the wide area RFID systems market include Mojix, Inc., Impinj, Inc., Guard RFID Solutions, Inc., Balluff GmbH, PervasID Ltd., Shenzhen Jietong Technology Co., Ltd., Trackware B.V., Shenzhen Marktrace Co., Ltd., Idesco Oy, Balogh Group, GAO RFID, Inc. and Pepperl+Fuchs Vertrieb Deutschland GmbH.
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Key Trends:
- Decreasing costs of long rage RFID readers leading to higher affordability and adoption
- Rising adoption in the automotive and retail industries
- Research and development towards innovative applications towards event safety and security applications
By Component
Readers
Antennas
Software
By End-use Industry
Automotive
Retail
Oil and Gas
Manufacturing
Healthcare
Others (Commercial, Events, Education, etc.)
By Geography Segment
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America
Do Inquiry before buying report at https://www.credenceresearch.com/inquiry-before-buying/58579
Browse the full Report at https://www.credenceresearch.com/report/wide-area-rfid-systems-market
Market Insights
One of the main variables driving demand for large-scale RFID devices is the increase in innovative apps. Over a lengthy span of time, RFID technology has been used in multiple end-use sectors. However, the use of this technology has been limited to limited applications such as shipment monitoring and inventory management. Wide area RFID systems allow the identification, place and authentication of multiple objects concurrently across the facility. Thereby, a broad region of RFID technologies provided a feasible alternative for retailers and fashion shop operators to precisely locate distinct kinds of products and obtain marketing ideas through the assessment of the information gathered. In addition, extensive RFID systems have been widely adopted in multiple manufacturing, automotive, petroleum and gas sectors. The use of broad area RFID technologies has allowed organisations in different manufacturing sectors to monitor assets, checked parts and other resources in real time. In addition, with lower expenses for RFID tags and readers, large area RFID devices are anticipated to see a substantial increase in acceptance in the above-mentioned end-use sectors.
Competitive Insights:
The global wide area RFID systems market is fairly fragmented with a large number of passive UHF RFID products providers across the world. However, the market has experienced an increasing number of innovative solution providers in the recent years. Companies have been working towards design and development of innovative applications to address industry specific use cases. Some of the leading providers in the wide area RFID systems market include Mojix, Inc., Impinj, Inc., Guard RFID Solutions, Inc., Balluff GmbH, PervasID Ltd., Shenzhen Jietong Technology Co., Ltd., Trackware B.V., Shenzhen Marktrace Co., Ltd., Idesco Oy, Balogh Group, GAO RFID, Inc. and Pepperl+Fuchs Vertrieb Deutschland GmbH.
Download Free PDF Sample Request: https://www.credenceresearch.com/sample-request/58579
Key Trends:
- Decreasing costs of long rage RFID readers leading to higher affordability and adoption
- Rising adoption in the automotive and retail industries
- Research and development towards innovative applications towards event safety and security applications
By Component
Readers
Antennas
Software
By End-use Industry
Automotive
Retail
Oil and Gas
Manufacturing
Healthcare
Others (Commercial, Events, Education, etc.)
By Geography Segment
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America
Do Inquiry before buying report at https://www.credenceresearch.com/inquiry-before-buying/58579
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