Chipless RFID Industry Outlook in the United States
The sales of chipless RFID solutions in the United States are expected to develop at a CAGR of 20.8% between 2023 and 2033, reaching a total estimation of US$ 3,796.8 million. In 2018, the United States chipless RFID industry size was US$ 254.1 million. In 2023, the United States' demand for chipless RFID generated around US$ 574.0 million.
Due to the growing adoption of chipless RFID technology, the United States chipless RFID sector is expected to experience significant growth. Without needing a physical integrated circuit, chipless RFID technology provides flexible and affordable supply chain optimization, inventory control, and asset tracking solutions.
The increasing need for automated and effective data capture systems that improve operational effectiveness and lower human error rates contributes to the expansion of chipless RFID in the United States. Chipless RFID systems are prevalent due to their scalability and compatibility, guaranteeing a positive industry outlook with ongoing innovation and integration across various sectors in the United States.
Attributes
Details
Demand Analysis for 2023
US$ 574.0 million
Demand Forecast for 2033
US$ 3,796.8 million
CAGR Estimation from 2023 to 2033
20.8%
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Latest Trends of Chipless RFID Industry in the United States
Increasing adoption of IoT and smart manufacturing technologies.
Growing demand for asset tracking and inventory management solutions.
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Opportunities in the Chipless RFID Industry of the United States
Growing adoption of IoT technology in supply chain management and logistics.
Increasing demand for asset tracking and inventory management solutions.
Expansion of the retail sector and the need for efficient anti-counterfeiting measures.
Rise in the use of chipless RFID in healthcare for patient identification and tracking.
Government initiatives to enhance national security through RFID-based tracking systems.
Charting the Chipless RFID Sales Journey From 2019 to 2023 and Predicting the Path From 2023 to 2033
Chipless RFID sales in the United States developed at an HCAGR of 17.4% from 2018 to 2022, reaching US$ 482.8 million in 2022.
Growing adoption of chipless Radio Frequency Identification (RFID) technology in the United States resulted in a steady increase in demand from 2018 to 2022. Numerous chipless RFID companies in United States are using chipless RFID to improve asset tracking and inventory control due to the technology's cost-effectiveness, capacity to track and manage inventory.
Attributes
Details
Demand Analysis for 2018
US$ 254.1 million
Demand Analysis for 2022
US$ 482.8 million
CAGR from 2018 to 2022
17.4%
From 2023 to 2033, the United States chipless RFID sector is expected to develop at a CAGR of 20.8%. The United States chipless RFID industry is projected to expand to US$ 3,796.9 million by 2033.
Chipless RFID technology presents a substantial opportunity for integration with the Internet of Things. Real-time data exchange and automation are made possible by the powerful synergy created when chipless RFID and IoT come together. Businesses can monitor assets, and environmental conditions by attaching sensors to RFID tags and connecting them to IoT networks surging the adoption of chipless RFID in United States.
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Comparative View of Adjacent United States Chipless RFID Industry
The chipless RFID industry is analyzed in this section, with a focus on the pharmaceutical industry. The chipless RFID sector in the United States is expected to experience substantial growth from 2023 to 2033, showing its potential compared to radio frequency identification market and RFID in pharmaceuticals market.
This analysis highlights the significant revenue opportunities, indicating the growing importance of chipless RFID technology in influencing the cutting-edge RFID identification in the United States and tracking systems.
United States Chipless RFID Industry:
Attributes
United States Chipless RFID Industry
Value-based CAGR (2023 to 2033)
20.8%
Growth Factor
The adoption of chipless RFID secures products and companies and helps combat counterfeiting.
Adoption is accelerated by chipless RFID technology's affordable alternative to conventional RFID solutions.
Key Trend
Chipless RFID adoption is fueled by government initiatives and supportive policies, which enhance security and traceability.
Key Challenges
Unstandardized protocols are a barrier to the broad adoption of chipless RFID.
The upfront expenses related to the implementation of chipless RFID systems impact the sector expansion.
Radio Frequency Identification Market:
Attributes
Radio Frequency Identification Market
Value-based CAGR (2023 to 2033)
16.8%
Growth Factor
The need for contactless payments and transactions is driving the widespread adoption of RFID.
Key Trend
The market is expanding because of regulations requiring the use of RFID in some industries, like the pharmaceutical industry.
Key Restraint
Initial setup and integration costs significantly hamper RFID market growth.
RFID in Pharmaceuticals Market:
Attributes
RFID in Pharmaceuticals Market
Value-based CAGR (2023 to 2033)
7.9%
Growth Factor
RFID adoption in the pharmaceutical sector is fueled by adherence to strict regulatory requirements for traceability and serialization.
Key Trend
RFID technology helps to ensure the accuracy and dependability of information while preserving the integrity of pharmaceutical data.
Key Restraint
Disposing RFID tags and electronic waste from pharmaceutical applications raises environmental concerns.
Category-wise Outlook
The segmented analysis of chipless RFID in the United States shows how popular chipless RFID tags are within the product category. Numerous studies show that they are leaders in the product industry.
The ultra-high frequency (UHF) RFID segment is the dominant player in the frequency category. The current examination highlights the noteworthy significance of chipless RFID tags in the United States. It underscores the extensive implementation of UHF RFID, verifying its supremacy in the United States.
The outcomes point to a dynamic environment in which developments in chipless RFID support the growth of RFID in the retail industry of the United States.
The Chipless RFID Tags Segment Dominate the Chipless Radio-Frequency Identification in the United States
The United States records increase in sales of chipless RFID tags, which mark a significant advancement in RFID technology. Chipless RFID tags function without a silicon chip, unlike conventional RFID tags that depend on integrated microchips.
The chipless RFID tag segment is likely to garner 82.5% of the share and stand at US$ 473.34 million by 2023.
Product
Value CAGR
Chipless RFID Tags
21.1%
Chipless RFID Readers
19.3%
From supply chain optimization to inventory management, chipless RFID tags are progressively popular. Chipless RFID tags are a compelling option due to their affordability and versatility, leading to widespread adoption in the United States. The increasing preference of tags highlights the chipless radio-frequency identification in the United States dedication to developing effective and expandable tracking solutions.
Ultra-high Frequency (UHF) RFID Leading the Charge in the United States Chipless RFID Revolution
UHF (Ultra High Frequency) RFID technology is the industry leader in the United States chipless RFID sales because of its extensive applicability and outstanding performance. UHF RFID is appropriate for various industries due to its increased efficiency. Its dominance in the chipless RFID sector results from its capacity to manage massive data volumes and support multiple tag readings at once.
Enterprise Size
Value CAGR
Low Frequency (LF) RFID
18.6%
High Frequency (HF) RFID
20.2%
Ultra-high Frequency (UHF) RFID
21.6%
Due to its adaptability, affordability, and scalability, UHF RFID has become the technology of choice and has become widely used in the United States.
By 2034, the ultra-high frequency (UHF) RFID segment share is expected to surpass 67.1%, making it the dominant segment. In 2033, the ultra-high frequency (UHF) RFID segment is expected to be worth US$ 2,548.83 million.
The Potential of Retail in Chipless RFID Industry through 2033
The United States chipless RFID sales in United States undergo a revolutionary change in 2023, driven by changes in the retail sector. Utilizing Radio-Frequency Identification (RFID) technology instead of conventional silicon chips is essential to transforming supply chain logistics, customer experiences, and inventory management.
The transformative market trends for chipless RFID in the United States are a reaction to demands of retail, where tracking and real-time data are critical. In 2033, the retail segment is expected to be worth US$ 1,839.36 million, exhibitng a CAGR of 22.5%.
Industry
Value CAGR
Transportation and Logistics
20.1%
Retail
22.5%
Food and Beverages
18.9%
Healthcare
21.2%
Industrial
16.9%
Agriculture
15.7%
Others
13.7%
The chipless RFID industry in United States experiences tremendous changes as the retail industry adopts chipless RFID solutions, signaling a paradigm shift for increased competition and customer satisfaction.
The retail segment is predicted to become dominant by 2034, with a share exceeding 48.4%. The retail sector is projected to be valued at US$ 241.19 million in 2023.
Competitive Analysis
For their United States chipless RFID solutions, major players are concentrating on enhancing the customer experience during payments. By considering the various demands of the end users, United States manufacturers of chipless RFID solutions are creating solutions specifically tailored to meet their needs.
Chipless RFID companies in United States are investing in research and development to expand the application of chipless RFID technology, catering to a broader range of industries. Chipless RFID companies in United States partner with technology providers, system integrators, and industry players to develop integrated RFID solutions that cater to various sectors.
Chipless RFID vendors in United States focus on expanding into emerging economies by forming strategic partnerships, investing in research and development for cost-effective solutions. This approach allows them to tap into the growth potential and gain a competitive edge in the chipless RFID industry of the United States.
Notable Strides
Company
Details
Impinj
In Aug 2022, Impinj, a provider of RAIN RFID solutions, launched a new line of RAIN RFID tag chips to advance item connectivity for IoT deployments. It is designed to help businesses create IoT solutions that connect physical items to the cloud, providing data that helps analyze, optimize, and virtualize everything.
Molex
In March 2022, Molex unveiled the industry's first chip-to-chip 224G product portfolio to accelerate support for next-gen data centers and generative AI applications. It is designed to support next-gen data centers and productive AI applications, providing high-speed, low-latency interconnect solutions that can help improve performance and efficiency.
HID Global
In May 2022, HID Global acquired Vizinex RFID, a provider of high-performance RFID tags tailored to customers' requirements. The acquisition enhances HID Global's portfolio of asset tracking tags to now also include an RFID product platform based on printed circuit technology. This acquisition increases HID Global's presence and relevance in key verticals, including logistics, waste management, and manufacturing.
Essential Chipless RFID Manufacturers
Avery Dennison
Zebra Technologies
HID Global
ID Tech Solutions
Molex
NXP Semiconductors
GAO RFID Inc.
Roper Technologies
Confidex
Vubiq Networks
Key Segments
By Product:
Chipless RFID Tags
Active Tags
Passive Tags
Chipless RFID Readers
Fixed RFID Readers
Mobile RFID Readers
By Industry:
Transportation and Logistics
Cargo and Container Tracking
Asset Management
Toll Collection
Passenger Ticketing
Retail
Store Inventory Management
Product Counterfeit and Safety
Contactless Payments
Retail Analytics
Food and Beverages
Food Safety Monitoring
Supply Chain Traceability
Inventory Management
Quality Control
Healthcare
Medical Device Inventory Tracking
Patient Monitoring
Healthcare Asset Management
Medical Wearables
Industrial
Industrial Asset Management
Warehouse Inventory Monitoring
Predictive Maintenance
Quality Control
Agriculture
Livestock Tracking
Crop Management
Precision Farming
Environment Monitoring
Inventory Management
Others
By Frequency:
Low Frequency (LF) RFID
High Frequency (HF) RFID
Ultra-high Frequency (UHF) RFID
Frequently Asked Questions
What is the Current Worth of the United States Chipless RFID Industry?
The chipless RFID demand in the United States is expected to hit a value of US$ 574.0 million by 2023.
How is the Demand for Chipless RFID in the United States Increasing?
The sales of chipless RFID in the United States are set to expand by 20.8% from 2023 to 2033.
Which Industry Holds the Notable Share of Chipless RFID in the United States?
The retail sector is projected to hold the dominant share of 22.5% between 2023 and 2033.
What is the Predicted Valuation of the Sales of Chipless RFID in the United States by 2033?
The sales of chipless RFID are predicted to exceed US$ 3,796.8 million by 2033.
Which Product of Chipless RFID Industry Is Predicted to Expand Between 2023 and 2033?
Chipless RFID tags are expected to accelerate with a CAGR of 21.1% from 2023 to 2033.
Who Are the Major Vendors of Chipless RFID Industry in the United States?
The major United States vendors of chipless RFID are Avery Dennison, Zebra Technologies, HID Global, ID Tech Solutions, and Molex.
Table of Content
1. Executive Summary
1.1. Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Use-Cases for Digital Experience Platforms
3.1. Multi-Site Management
3.2. Digital Enrolment and Communication
3.3. Content Marketing and Velocity
3.4. Customer Journey Intelligence
3.5. Real-time Customer Data
3.6. Others
4. Types of Pricing Model
4.1. Subscription-based Pricing
4.2. Pay-as-you-go Pricing
4.3. Perpetual License (One-time fee)
5. VC Funding Outlook
5.1. Funding Received by Digital Experience Platforms Startups, 2020 to 2022
5.2. Funding Rounds and Total Funding Raised
5.3. Major Investors
6. Market Background
6.1. Macro-Economic Factors
6.2. Forecast Factors - Relevance & Impact
6.3. Value Chain
6.4. COVID-19 Crisis – Impact Assessment
6.4.1. Current Statistics
6.4.2. Short-Mid-Long Term Outlook
6.4.3. Likely Rebound
6.5. Market Dynamics
6.5.1. Drivers
6.5.2. Restraints
6.5.3. Opportunities
7. Market Demand (Value in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Million) Analysis By Product, 2018 to 2022
8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Product, 2023 to 2033
8.3.1. Tags
8.3.1.1. Active Tags
8.3.1.2. Passive Tags
8.3.2. Active Tags
8.3.2.1. Active Tags
8.3.2.2. Passive Tags
8.4. Market Attractiveness Analysis By Product
9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) Analysis By Industry, 2018 to 2022
9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Industry, 2023 to 2033
9.3.1. Small Offices (1-9 employees)
9.3.2. Small Enterprises (10–99 employees)
9.3.3. Medium-sized Enterprise (100–499 employees)
9.3.4. Large Enterprises (500–999 employees)
9.3.5. Very Large Enterprises (1,000+ employees)
9.4. Market Attractiveness Analysis By Industry
10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Frequency
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) Analysis By Industry, 2018 to 2022
10.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Frequency, 2023 to 2033
10.3.1. Low Frequency (LF)
10.3.2. High Frequency (HF)
10.3.3. Ultra High Frequency (UHF)
10.4. Market Attractiveness Analysis By Industry
11. Key Country Analysis- Market
11.1. USA Market Analysis
11.1.1. By Product
11.1.2. By Industry
11.1.3. By Frequency
12. Market Structure Analysis
12.1. Market Analysis by Tier of Companies
12.2. Market Share Analysis of Top Players
12.3. Market Presence Analysis
13. Competition Analysis
13.1. Competition Dashboard
13.2. Competition Benchmarking
13.3. Competition Deep Dive
13.3.1. Avery Dennison
13.3.1.1. Business Overview
13.3.1.2. Product Portfolio
13.3.1.3. Profitability by Market Segments (Business Segments/Country)
13.3.1.4. Key Strategy & Developments
13.3.2. Zebra Technologies
13.3.3. HID Global
13.3.4. ID Tech Solutions
13.3.5. Molex
13.3.6. NXP Semiconductors
13.3.7. GAO Inc.
13.3.8. Roper Technologies
13.3.9. Confidex
13.3.10. Vubiq Networks
14. Assumptions and Acronyms Used15. Research Methodology
List of Tables
Table 01: Market Value (US$ Million) Analysis and Forecast (2019 to 2034) by Product
Table 02: Market Value (US$ Million) Analysis and Forecast (2019 to 2034) by Industry
Table 03: Market Value (US$ Million) Analysis and Forecast (2019 to 2034) by Frequency
List of Charts
Figure 01: Market Value (US$ Million), 2018 to 2022
Figure 02: Market Value (US$ Million), 2023 to 2033
Figure 03: Market Size (US$ Million) and Y-o-Y Growth Rate from 2023 to 2033
Figure 04: Market Size and Y-o-Y Growth Rate from 2023 to 2033
Figure 05: Market: Market Share Analysis, by Digital Experience Platform – 2023 to 2033
Figure 06: Market: Y-o-Y Growth Comparison, by Digital Experience Platform, 2023 to 2033
Figure 07: Market: Market Attractiveness, by Digital Experience Platform
Figure 8: Market: Market Share Analysis, by Industry– 2023 to 2033
Figure 9: Market: Y-o-Y Growth Comparison, by Industry, 2023 to 2033
Figure 10: Market: Market Attractiveness, by Industry
Figure 11: Market: Market Share Analysis, by Industry 2023 to 2033
Figure 12: Market: Y-o-Y Growth Comparison, by Frequency, 2023 to 2033
Figure 13: Market: Market Attractiveness, by Frequency
Figure 14: Market: Market Share Analysis, by Country – 2023 to 2033
Figure 15: Market: Y-o-Y Growth Comparison, by Country, 2023 to 2033
Figure 16: Market: Market Attractiveness, by Country
Figure 17: Market Absolute $ Opportunity (US$ Million), 2018 to 2033
