Report Feature
The future of the global RFID sensor market looks promising with opportunities in the transportation & logistics, healthcare, hospitality, food & beverage, retail, manufacturing, and government end use industries. The global RFID sensor market is expected to grow with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers for this market is rise in need for tracking inventory & equipment in businesses; robust security in wide applications such as in inventory management, tracking the production process, and others; and long distance object reading feature of RFID tags.
A total of XX figures / charts and XX tables are provided in more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of RFID sensor market report download the report brochure.
Growth in various segments of the RFID sensor market are given below:
The study includes trends and forecast for the global RFID sensor market by components, frequency band, application, product type, end use industry, and region as follows:
By Component [$M shipment analysis for 2014 – 2025]:
- Tags
- Reader
- Software
By Frequency Band [$M shipment analysis for 2014 – 2025]:
- Low Frequency
- High Frequency
- Ultrahigh Frequency
By Application [$M shipment analysis for 2014 – 2025]
- Access Controls
- Livestock Tracking
- Ticketing
- Cashless Payment
- Inventory Management
By Product Type [$M shipment analysis for 2014 – 2025]:
- Active
- Passive
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Transportation and Logistics
- Healthcare
- Hospitality
- Food and Beverages
- Retail
- Manufacturing
- Government
- Others
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Germany
- UK
- Italy
-
Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of the World
Some of the RFID sensor manufacturers profiled in this report include, Murata, Ltd., Vitaran Electronics, SMARTRAC, ELA Innovation, Balluff Inc., AB&R, VisuaScan Inc., Imprint Enterprises, Coridian Technologies, Inc., AbeTech Corporate, and Invengo Technology.
In this market, tags, reader, and software are the product types.
Within the RFID sensor market, transportation & logistics, healthcare, hospitality, food & beverages, retail, manufacturing, and governments are the major end use industries.
Asia Pacific is expected to witness the highest growth over the forecast period, supported by growth of the logistic and manufacturing industries.
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Features of the Global RFID Sensor Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the RFID sensor market by component (tags, reader, and software), frequency band (low frequency, high frequency, and ultra-high frequency), application (access control, livestock tracking, ticketing, cashless payment, and inventory management), product type (active and passive), end use industry (transportation & logistics, healthcare, hospitality, food & beverages, retail, manufacturing, governments, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW))? Q. 2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market? Q.5 What are the business risks and threats to the RFID sensor market? Q.6 What are the emerging trends in the RFID sensor market and the reasons behind them? Q.7 What are some changing demands of customers in the RFID sensor market? Q.8 What are the new developments in the RFID sensor market? Which companies are leading these developments? Q.9 Who are the major players in the RFID sensor market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the RFID sensor market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the RFID sensor market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | By Component (Tags, Reader, and Software), Frequency Band (Low Frequency, High Frequency, and Ultra-High Frequency), Application (Access Control, Livestock Tracking, Ticketing, Cashless Payment, and Inventory Management), Product Type (Active and Passive), End Use Industry (Transportation & Logistics, Healthcare, Hospitality, Food & Beverages, Retail, Manufacturing, Governments, and Others) |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in Global RFID Sensor Market
4.1 Global RFID Sensor Market by Region
4.2.1 Market by Component: Tags, Reader, and Software
4.2.2 Market by Frequency Band: Low Frequency, High Frequency, and Ultrahigh Frequency
4.2.3 Market by Application: Access Control, Livestock Tracking, Ticketing, Cashless Payment, and Inventory Management
4.2.4 Market by Product Type: Active and Passive
4.2.5 Market by End Use Industry: Transportation & Logistics, Healthcare, Hospitality, Food & Beverages, Retail, Manufacturing, Government, and Others
4.2.6 United States RFID Sensor Market
4.2.7 Canadian RFID Sensor Market
4.2.8 Mexican RFID Sensor Market
4.3.1 Market by Component: Tags, Reader, and Software
4.3.2 Market by Frequency Band: Low Frequency, High Frequency, and Ultrahigh Frequency
4.3.3 Market by Application: Access Control, Livestock Tracking, Ticketing, Cashless Payment, and Inventory Management
4.3.4 Market by Product Type: Active and Passive
4.3.5 Market by End Use Industry: Transportation & Logistics, Healthcare, Hospitality, Food & Beverages, Retail, Manufacturing, Government, and Others
4.3.6 Germany RFID Sensor Market
4.3.7 UK RFID Sensor Market
4.3.8 Italy RFID Sensor Market
4.4.1 Market by Component: Tags, Reader, and Software
4.4.2 Market by Frequency Band: Low Frequency, High Frequency, and Ultrahigh Frequency
4.4.3 Market by Application: Access Control, Livestock Tracking, Ticketing, Cashless Payment, and Inventory Management
4.4.4 Market by Product Type: Active and Passive
4.4.5 Market by End Use Industry: Transportation & Logistics, Healthcare, Hospitality, Food & Beverages, Retail, Manufacturing, Government, and Others
4.4.6 China RFID Sensor Market
4.4.7 Japan RFID Sensor Market
4.4.8 South Korea RFID Sensor Market
4.4.9 India RFID Sensor Market
4.5.1 Market by Component: Tags, Reader, and Software
4.5.2 Market by Frequency Band: Low Frequency, High Frequency, and Ultrahigh Frequency
4.5.3 Market by Application: Access Control, Livestock Tracking, Ticketing, Cashless Payment, and Inventory Management
4.5.4 Market by Product Type: Active and Passive
4.5.5 Market by End Use Industry: Transportation & Logistics, Healthcare, Hospitality, Food & Beverages, Retail, Manufacturing, Government, and Others
6.1.1 Growth Opportunities for Global RFID Sensor Market by Components
6.1.2 Growth Opportunities for Global RFID Sensor Market by Frequency Band
6.1.3 Growth Opportunities for Global RFID Sensor Market by Application
6.1.4 Growth Opportunities for Global RFID Sensor Market by Product Type
6.1.5 Growth Opportunities for Global RFID Sensor Market by End Use Industry
6.1.6 Growth Opportunities for Global RFID Sensor Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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