What is Wireless RFID Reader Market?
A radio frequency identification reader (RFID reader) is a device used to gather information from an RFID tag to track the individual object. The RFID tag is an electronic tag that exchanges data with an RFID reader through radio waves. The RFID tag is also known as RFID chips. This technology is similar in theory to bar codes. The active tag transmits its unique ID in every 2 seconds and will operate for about a year. RFID tag is frequently used for merchandise, but it can also be used to track pets, vehicles, computer equipment, mobile phones, and even patients with Alzheimer's disease. The tag transmission range may be limited to several meters from the reader. Growing adoption of wireless RFID readers in various fields such as from warehouse to corporate companies, growing retail industry and wide adoption & creation of RFID tags for supplying chain management are the major factor propelling the global wireless RFID readers market.
The market study is being classified by Type (Portable and Fixed/Wall Mounted), by Application (Access Control, Inventory Management, Asset Tracking and Personnel Tracking) and major geographies with country level break-up.
Avery Dennison (United States), Applied Wireless RFID (United States), Checkpoint Systems (United States), Caen RFID (Italy), GAO RFID (Canada), Globeranger Corporation (United States), Impinj (United States), Nedap (Netherland), Invengo (China), Mojix (United States), Smartrac Technology (Netherland), Motorola (United States), Zebra Technologies Corp. (United States) and NXP Semiconductors (Netherland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Thingmagic, Honeywell Aidc, Securitag Assembly Group (SAG), Identiv, Confidex, Omni-ID, Savi Technology, Vizinex RFID, HID Global, Trackx and RFID Global Solution.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Wireless RFID Reader market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wireless RFID Reader market by Type, Application and Region.
On the basis of geography, the market of Wireless RFID Reader has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Installation of RFID in Manufacturing Units for of Security Purpose
- High Adoption of RFID Technology in Retail Industry
- Rising Government Initiatives to Use Wireless RFID Reader
Market Trend
- Growing Demand for Secured Access
- Recent Technological Developments in Integration of IoT and Artificial Intelligence
Restraints
- High Installation Costs of RFID System
Opportunities
- Clampdown on Pharmaceutical Drug Counterfeiting
- RFID Tag With Sensor
Challenges
- Lack of Awareness About Wireless RFID Reader
Market Leaders and some development strategies
On February 22, 2019- Zebra Technologies has completed the acquisition of Temptime Corporation, a privately-held developer and manufacturer of temperature monitoring solutions for mission-critical applications in the healthcare industry.
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.
"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."
Key Target Audience
Manufacturers of RFID, Suppliers of RFID, Wholesalers, Distributors and Retailers of RFID, Aerospace Industry, Retail Industry, Healthcare Industry, Manufacturing Industry and Governmental Bodies