“Global Chip less RFID Market Research Report 2019-2023”: Is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts pro CCD Image Sensors vide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The chipless RFID market is expected to register a CAGR of 28.50 %, over the forecast period (2018 – 2023). The regions considered in the scope of the report include North America, Europe, Asia Pacific and Rest of the World.
Top leading companies are:-
ALIEN TECHNOLOGY CORPORATION, BASF SE, CONFIDEX LTD, IMPINJ CORPORATION, INKSURE TECHNOLOGIES INC., INTERMEC INC., KOVIO INC., MOLEX INC., SATO VICINITY, and ZEBRA TECHNOLOGIES CORPORATION, amongst others.
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Increasing cold storage applications are likely to act as a market opportunity for market growth in the future.
In 2018, the building wall application dominated the market with a share of around 60%.
Scope of the Report
The chipless RFID technology has emerged as a low_cost alternative for chipped RFID system and has the potential to penetrate mass markets for low_cost item tagging. Thus, problems of achieving low cost chipped RFID are presented with the proposed solution of chipless RFID for lowering the price of the RFID tag.
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Key Developments in the Market :-
- November 2017 – Alien Technology and SensThys, an Internet of Things (IoT) and RF antenna specialist launched a new highly networked RFID reader+antenna solution that offered industry-leading RFID tag visibility. The co-developed Alien Hydra and SensThys-SensArray solution enabled companies to better track, manage, and secure their tagged inventory while reducing their overall solution cost by as much as half of the previous cost.
Manufacturing Advantages of Chipless RFIDs to drive the Market Growth :-
As per the latest technology updates, chipless RFID tags have been developed and offered at the affordability level of customers, which is expected to result in higher growth. They are coupled with a simplified manufacturing technology and decrease in the manufacturing time.
Healthcare Sector to Contribute Significantly to the Market Growth :-
The opportunities for RFID applications are high in the healthcare sector. RFIDs can be used in machinery or equipment as they help in the effective identification of a location and improve the use and efficiency of expensive and unique machinery or equipment. RFID tags can also be used on patients. Currently, many hospitals use barcodes to create unique IDs.
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Essential points covered in Global Chip less RFID Market 2019 Research are:-
- Chip less RFID Market Sales Overview.
- Chip less RFID Market Sales Competition by Manufacturers.
- Chip less RFID Market Sales Analysis by Region.
- Chip less RFID Market Sales Analysis by Type.
- Chip less RFID Market Analysis by Application.
- Chip less RFID Market -Manufacturers Analysis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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