RFID Sensor Market: Market Size, Trends and Growth Analysis

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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.

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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]:

North America
- United States
- Canada
- Mexico
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.

Features of the Global RFID Sensor Market

Market size estimates: Global RFID sensor market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by various segments and regions.
Segmentation analysis: Market size by various segments such as by component, frequency band, application, product type, end use industry, and region.
Regional analysis: Global RFID sensor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different component, frequency band, application, product type, end use industry and regions for global RFID sensor market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of the global RFID sensor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

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
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

2. Market Background and Classification

2.1: Introduction, Background, and Classification

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025

3.1: Macroeconomic Trends and Forecast

3.2: Global RFID Sensor Market Trends and Forecast

3.3: Global RFID Sensor Market by Components

3.3.1: Tags

3.3.2: Reader

3.3.3: Software

3.4: Global RFID Sensor Market by Frequency Band

3.4.1: Low Frequency

3.4.2: High Frequency

3.4.3: Ultrahigh Frequency

3.5: Global RFID Sensor Market by Application

3.5.1: Access Control

3.5.2: Livestock Tracking

3.5.3: Ticketing

3.5.4: Cashless Payment

3.5.5: Inventory Management

3.6: Global RFID Sensor Market by Product Type

3.6.1: Active

3.6.2: Passive

3.7: Global RFID Sensor Market by End Use Industry

3.7.1: Transportation and Logistics

3.7.2: Healthcare

3.7.3: Hospitality

3.7.4: Food and Beverages

3.7.5: Retail

3.7.6: Manufacturing

3.7.7: Government

3.7.8: Others

4. Market Trends and Forecast Analysis by Region

4.1: Global RFID Sensor Market by Region

4.2: North American RFID Sensor Market

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: European RFID Sensor Market

4.3.1: Market by Component: Tags, Reader

RFID Sensor Market: Market Size, Trends and Growth Analysis

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RFID Sensor Market: Market Size, Trends and Growth Analysis