Printed and Chipless RFID Market to Accrue Maximum Gains Via Logistics & Transport Sector Over 2019-2023
Oct 4, 2019
U.S printed and chipless RFID market is expected to cross USD 4.8 billion mark by 2023, contributing significantly towards the regional growth
Selbyville, United States - October 4, 2019 /MarketersMedia/ —
Printed and chipless RFID market is predicted to witness a profitable growth over the years to come, subject to the escalating product demand across the pharmaceutical, retail, logistics & transport, aviation, and healthcare sectors. With a plethora of technological innovations at play, industry players are finding numerous opportunities to explore new business growth opportunities across the globe. As stated by Global Market Insights, Inc., printed and chipless industry revenue, which was estimated at USD 2.52 billion in 2015, is slated to reach USD 16.29 billion by 2023.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/490
The North America printed and chipless RFID market is predicted to witness a substantial growth over the period of 2016-2023 as a result of rising demand for the technology across various industries such as logistics & transport, aviation, healthcare, and retail. Furthermore, firms operating in this region use this technology to improve the visibility of inventory along with streamlining of the SCM (supply chain management). U.S printed and chipless RFID market is expected to cross USD 4.8 billion mark by 2023, contributing significantly towards the regional growth.
The Asia Pacific printed and chipless RFID market is anticipated to witness a heavy growth over the timeframe due to the increasing requirement for document management systems in medical institutions and government organizations. The Latin America printed and chipless RFID market is projected witness a significant growth over the coming seven years due to favorable government policies along with the use of this technology by various firms operating in the region to trace & track inventory as well as enhance their supply chain management activities. Brazil market is projected to make significant contributions towards the regional growth.
Logistics and transport sector is projected to contribute more than USD 6.3 billion toward printed and chipless RFID market revenue by 2023, driven by breakthroughs across nanotechnology, conductive inks, and printed inks sectors along with the rampant infrastructural expansion. Diminishing tag costs will further add value to the product and enhance its market credibility.
Aviation sector, which contributed to more than 12.5% towards printed and chipless RFID market share in 2015, is predicted to augment the business development over the coming years. Most of the aviation industry players have been lately integrating this technology with their products in order to achieve maximum efficiency levels.
Browse key industry insights spread across 122 pages with 35 market data tables & 29 figures & charts from the report, “Printed and Chipless RFID Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/printed-chipless-rfid-radio-frequency-identification-market
Retail applications, which accounted for more than 29% of printed and chipless RFID industry size in 2015, are expected to make extensive contributions toward the industry value over the coming six years. Factors such as easy on-shelf accessibility, rise in the omni-channel selling activities, store execution, and accurate maintenance of stock records are anticipated to contribute significantly toward the business expansion.
Alien Technology LLC, Intermec, Zebra Technologies, Impinj Incorporation, and TAGSYS RFID Group are the major participants of printed and chipless RFID industry.
Major Key Points from Table of Content:
Chapter 3 Printed & Chipless RFID Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.1.1. Reducing cost of tags
3.4.1.2. Demand for operational efficiency
3.4.1.3. Growth in the counterfeit items ecosystem
3.4.2. Industry pitfalls & challenges
3.4.2.1. Security concerns
3.5. Growth potential analysis
3.6. Porter’s analysis
3.7. Competitor landscape, 2015
3.8. PESTEL analysis
3.9. Technology landscape
3.9.1. RFID technology evolution
3.9.2. RFID components
3.9.3. Conventional vs. chipless RFID
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/printed-chipless-rfid-radio-frequency-identification-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Address: Global Market Insights, Inc., 4 North Main Street,
Phone: 3028467766
Website: https://www.gminsights.com/pressrelease/printed-chipless-rfid-market
Source: MarketersMedia
Release ID: 88925501
More News
After Stunning Nour El Sherbini, Anahat Singh Beats Salma Hany To Enter PSA Gold-Level Semis At Silicon Valley Open
Anahat Singh has reached her first PSA Gold-level semifinal at the Silicon Valley Open.
Mona Agarwal Wins Second Gold Of Asian Para Games, Sets New World Record
Mona Agarwal shattered the world record to win the women's 50m rifle 3 positions SH1 gold.
Mona Agarwal doubles gold tally with world-record show at Asian Para Games
Mona Agarwal doubles gold tally with world-record show at Asian Para Games
Ishan Kishan out of 2nd T20I, Sooryavanshi will replace batter: Sitanshu Kotak
Ishan Kishan out of 2nd T20I, Sooryavanshi will replace batter: Sitanshu Kotak
Honduras squeezes Chinese firms; Super Typhoon Champi nears Taiwan: SCMP’s 7 highlights
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Honduras targets Chinese shops, state builder as president sits on Taiwan pledge Honduran migration officials have summoned or placed under review 41 Chinese nationals after inspecting shops in the capital and a hospital being built...
Asian Para Games 2026: Haney Wins Javelin Throw Gold With World Record
Haney won gold with a world record javelin throw of 60.49m at the Asian Para Games 2026.
Para Asiad: Naveen Sivakumar Wins Badminton Gold, Thulasimathi And Nitya Take silver
India's Naveen Sivakumar won gold in the men's singles SL4 at the Asian Para Games 2026 in Nagoya, defeating Indonesia's Fredy Setiawan.
What do the protests in France look like from China? Internet users weigh in
Internet users in China are watching the protests in France with a mix of geopolitical cynicism, domestic pride and sadness at the damage to French landmarks. The protests started in September, when students and teachers in southeastern Paris rallied against deteriorating school conditions. Those specific grievances quickly escalated into nationwide protests at the rising cost of living and declining public services. What began as peaceful marches has since dissolved into violence, with rioters...
Asian Para Games: Sandeep Wins Men's 400m T64 Gold With New World Record, Ajay Kumar Takes Bronze
India's Sandeep won gold with a world record in the men's 400m T64 at the Asian Para Games in Nagoya.
Asian Para Games: Sandeep, Haney's world record gold take India past 100 medals
Asian Para Games: Sandeep, Haney's world record gold take India past 100 medals
Chinese state media takes aim at Japanese firm KDDI over Mongolia wildfire
Chinese state media has called for a Japanese telecoms firm to apologise to China over a huge wildfire in neighbouring Mongolia, as diplomatic tensions run high between Beijing and Tokyo. The grassland fire broke out on October 8 and burned about 80 per cent of a nature reserve on the Mongolia-China border. According to Japanese media reports, the company, KDDI, has acknowledged that the fire was linked to activities involving its majority-owned subsidiary MobiCom – the largest mobile network...
Asian Para Games: Nitesh Kumar Beats Compatriot Pramod Bhagat To Win Badminton Gold, Thulasimathi Murugesan Pockets Silver
India's Nitesh Kumar won the men's singles SL3 gold medal by defeating Pramod Bhagat at the Asian Para Games.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.