Rfid Antennas Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0090973
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 9 |
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The RFID Antennas Market size is estimated to grow at a CAGR of 8.45% between 2022 and 2032. The market size is forecast to increase by USD 1,567.32 million. The growth of the market depends on several factors, including the increasing adoption of RFID technology across various industries, the growing need for efficient inventory management systems, and the rising demand for contactless identification and tracking solutions. RFID antennas play a crucial role in RFID systems by transmitting and receiving radio frequency signals, enabling the communication between RFID tags and readers. They are widely used in applications such as supply chain management, asset tracking, retail, healthcare, and transportation.
RFID Antennas Market Overview:
Drivers:
One of the key factors driving the RFID antennas market growth is the increasing adoption of RFID technology across various industries. RFID technology offers numerous benefits, including real-time tracking, improved inventory accuracy, enhanced supply chain visibility, and reduced manual labor. As a result, industries such as retail, healthcare, logistics, and manufacturing are increasingly implementing RFID systems to streamline their operations and improve efficiency. RFID antennas are an essential component of these systems, enabling reliable and efficient communication between RFID tags and readers.
Moreover, the growing need for efficient inventory management systems is also driving the market growth. RFID antennas, when integrated with RFID tags and readers, enable real-time inventory tracking and management, eliminating the need for manual stocktaking and reducing errors. This automation improves inventory accuracy, reduces stockouts, and enhances overall supply chain efficiency. As businesses strive to optimize their inventory management processes, the demand for RFID antennas is expected to increase.
Trends:
A key trend shaping the RFID antennas market is the integration of RFID technology with other emerging technologies. RFID systems are being combined with technologies such as IoT (Internet of Things) and AI (Artificial Intelligence) to enable advanced applications and functionalities. For example, RFID antennas integrated with IoT sensors can provide real-time data on temperature, humidity, and location, enabling better monitoring and control of goods during transportation or storage. Similarly, the integration of AI algorithms with RFID systems can enable intelligent data analysis and predictive analytics, facilitating proactive decision-making and process optimization.
Furthermore, there is a rising demand for contactless identification and tracking solutions, which is driving the adoption of RFID antennas. With the increasing focus on hygiene and safety, contactless technologies are gaining prominence in various industries. RFID antennas enable contactless identification and tracking of assets, products, or individuals, eliminating the need for physical contact or manual scanning. This contactless capability is particularly valuable in applications such as access control, ticketing, and healthcare, where minimizing human contact is essential.
Restraints:
One of the key challenges hindering the RFID antennas market growth is the limited read range of RFID technology. The read range of RFID systems depends on various factors, including the frequency band used, the power output of the reader, and the environment in which the system operates. In certain applications, such as large-scale warehouses or outdoor environments, achieving a sufficient read range can be challenging. This limitation may restrict the widespread adoption of RFID technology in certain industries or use cases.
RFID Antennas Market Segmentation By Application:
The supply chain management segment is estimated to witness significant growth during the forecast period. RFID antennas play a critical role in supply chain management by enabling real-time tracking and tracing of goods throughout the entire supply chain. They facilitate inventory visibility, reduce manual errors, and improve overall operational efficiency. RFID antennas are used in applications such as inventory management, warehouse management, and asset tracking, enabling businesses to optimize their supply chain processes and enhance customer satisfaction.
The retail segment is also expected to contribute to the market growth. RFID antennas are widely used in the retail industry for inventory management, theft prevention, and customer engagement. They enable retailers to automate inventory tracking, reduce out-of-stock situations, prevent theft, and enhance the overall shopping experience. RFID antennas integrated with RFID tags and readers enable quick and accurate inventory counts, enabling retailers to maintain optimal stock levels and improve operational efficiency.
RFID Antennas Market Segmentation By Type:
The passive RFID antennas segment is expected to dominate the market during the forecast period. Passive RFID technology is widely adopted due to its cost-effectiveness, simplicity, and compatibility with a wide range of applications. Passive RFID antennas do not require a power source and rely on the energy transmitted by RFID readers to communicate with RFID tags. They are commonly used in applications such as asset tracking, access control, and inventory management. The increasing adoption of passive RFID technology across various industries is driving the growth of this segment.
Regional Overview:
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North America is estimated to contribute significantly to the growth of the global RFID antennas market during the forecast period. The region has a high adoption rate of RFID technology across various industries, including retail, healthcare, and logistics. The presence of key market players, technological advancements, and favorable government initiatives promoting RFID adoption further support market growth in North America.
Europe is also expected to witness substantial growth in the RFID antennas market. The region has a strong focus on supply chain optimization, inventory management, and retail automation, driving the demand for RFID antennas. The increasing emphasis on sustainability and traceability in industries such as food and pharmaceuticals is further fueling the adoption of RFID technology and RFID antennas in Europe.
RFID Antennas Market Customer Landscape:
The RFID antennas market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major RFID Antennas Market Companies?
Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.
Some of the major companies operating in the RFID antennas market include:
- Zebra Technologies Corporation
- Honeywell International Inc.
- Alien Technology LLC
- Avery Dennison Corporation
- Smurfit Kappa Group
- Sato Holdings Corporation
- Invengo Technology Pte. Ltd.
- Impinj, Inc.
- Jadak - a Novanta Company
- CAEN RFID S.r.l.
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The RFID antennas market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
o Supply Chain Management
o Retail
o Healthcare
o Transportation
o Others
- Type Outlook (USD Million, 2019 - 2032)
o Passive RFID Antennas
o Active RFID Antennas
- Geography Outlook (USD Million, 2019 - 2032)
o North America
- The U.S.
- Canada
o Europe
- K.
- Germany
- France
- Rest of Europe
o Asia Pacific
- China
- India
o South America
- Brazil
- Argentina
- Rest of South America
o Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENTS: GLOBAL RFID ANTENNAS MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. RFID Antennas MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. RFID Antennas Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Change RFID Antennas MARKET BY TYPE INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Active RFID Antennas
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. Passive RFID Antennas
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. RFID Antennas MARKET BY APPLICATION INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Transportation & Logistics
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. Automotive
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.4. Retail & Consumer Goods
6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.5. Aerospace & Defence
6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.6. Healthcare & Life Sciences
6.6.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.6.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. RFID Antennas MARKET REGIONAL OUTLOOK
7.1. RFID Antennas Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America RFID Antennas Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America RFID Antennas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America RFID Antennas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America RFID Antennas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S RFID Antennas Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. RFID Antennas Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. RFID Antennas Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. RFID Antennas Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada RFID AntennasMarket Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada RFID AntennasMarket Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.3. Europe RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.6.3. France RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K RFID Antennas
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America RFID AntennasEstimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America RFID AntennasEstimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America RFID AntennasEstimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America RFID AntennasEstimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America RFID AntennasEstimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. Zebra Technologies Corporation
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Invengo Information Technology Co., Ltd.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Impinj, Inc.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. Omni-ID
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Honeywell International, Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. GAO RFID Inc.
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. HID Global Corporation
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Confidex Ltd.
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 . Alien Technology
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. NXP Semiconductors
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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