- Opportunity and Forecast, 2016-2025
Radio frequency identification (RFID) uses radio waves to identify objects. This technology is used for various applications, including supply chain management, manufacturing & processing, retail management, access control, security, and others. It operates on different frequencies, which are selected based on the requirement of application. Printed and chipless RFIDs do not have microchips in the transponder. It offers ability to automate function and enables long-range operations.
The growth of the global printed and chipless RFID market is driven by increase in demand for operational frequency and rise in counterfeit items. However, high initial costs and security concerns are factors that limit the growth of the industry. Technological innovation, increase in investments in R&D activities, and growth of nanotechnology create new opportunities in the industry.
Detailed segmentation of the global printed and chipless RFID market is provided in terms of applications and geography. Applications covered in the study are aviation, logistics & transport, healthcare, and retail. Regionally, the market is analyzed across Europe, North America, Asia-Pacific, and LAMEA.
Key players that operate in the industry are Zebra Technologies, Alien Technology Corporation, Impinj Corporation, TAGSYS RFID, Intermec, Acreo AB, Confidex, PolyIC GmbH, IBM Corporation, and Siemens AG. These players have adopted expansion, merger & acquisition, partnerships, joint ventures, new products, collaborations, and others to strengthen their position and gain competitive edge in the market.
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