"As from 2020, Air France will ensure baggage tracking at Paris-Charles de Gaulle airport using tags equipped with RFID chips in cooperation with Paris Aéroport. Air France is one of the very first airlines in the world to have decided, in collaboration with Paris Aéroport, to implement the use of RFID technology. For Air France in 2020, this represents about 8 million pieces of baggage per year which will be tagged in this way. Over the next few years, the estimated growth in air traffic should lead to a doubling of the number of bags transported annually, which currently stands at 4.6 billion. Within the framework of its resolution 753, IATA (International Air Transport Association) stipulates in particular that baggage must be traced throughout its journey (at check-in, boarding, transfer, and arrival). It also recommends the global deployment of baggage tracking using radio frequency identification (RFID) chips."
The article cited AMA's "Global Wireless RFID Reader Market Study" explored CAGR of %. According to the report, Growing Demand for Secured Access
is one of the primary growth factors for the market. Increasing Installation of RFID in Manufacturing Units for of Security Purpose
is also expected to contribute significantly to the Wireless RFID Reader market. Overall, Access Control
applications of Wireless RFID Reader, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Operating System, such as Mac OS, is boosting the Wireless RFID Reader market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Wireless RFID Reader market identified that the demand is rising in many different parts of the world as "Clampdown on Pharmaceutical Drug Counterfeiting
". Furthermore, some recent industry insights like "On April 2, 2019- Alien Technology, an industry leader in Radio Frequency Identification (RFID) Ultra High Frequency (UHF) products and services, has announced the first release of its next-generation of Higgs (Higgs-9 IC) RFID semiconductor integrated circuits. The new Higgs-9 enables enterprise-critical applications to run faster, smarter and with quicker ROI in RFID deployments. Additionally, On February 20, 2019- TOPPAN FORMS CO., LTD. has developed a test vehicle location management system for car dealers using RFID and will begin selling the system. The system includes a radio wave self-generating type RFID tag equipped with a battery installed in the key and will ascertains location information about in which shop the test vehicle is located at the present." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Wireless RFID Reader market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Wireless RFID Reader market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Wireless RFID Reader market size is calculated using market estimation process, the Wireless RFID Reader market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Wireless RFID Reader market size has been validated using both top-down and bottom-up approaches.