The growing use of cloud-based applications in several sectors such as logistics and retail is expected to create opportunities for the manufacturers of RFID readers to integrate both the technologies. RFID has applications in sectors such as manufacturing, logistics, healthcare, and retail, among others. Hence, deployment and management of data recorded in these tags becomes difficult.
Thus, integration of cloud-based applications with RFID readers can aid in providing centralised management without increasing deployment cost. These RFID readers for cloud based networks will have a huge demand during the forecast period and will offer potential opportunities for manufacturers of RFID readers.
North America to stay at the vanguard of development
North America is anticipated to lead the global RFID readers market in the long run due to high deployment in the automotive sector. RFID enabled system for truck, bus, trailer and passenger vehicle makes tire inspection procedures easy, fast, precise, and facilitates instant reporting. The benefits are life cycle management, multiple uses, no paper or manual errors and improved inspection of the vehicle tyre.
For instance, Michelin Americas truck Tires which is a division of Michelin North America, Inc. and manufacturer of vehicle tires added RFID technology to Michelin commercial truck tires. The addition of RFID to tires provides benefits such as road safety, self-inspections, and shows in depth tire summary including critical analysis of tire health.
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The growing retail sector in the Western European countries is expected to push the market towards growth in this region. Retail sector is witnessing a huge growth in Western Europe. The growing retail sector is anticipated to witness a high demand for RFID technology because of its features like simplified supply chain management, inventory management and security concerns.
Handheld RFID readers have high demand in this region. In April 2017, The Target Corporation, which is a chain of discount retail stores partnered with Avery Dennison, which is a global leader in Radio Frequency Identification (RFID)-enabled solutions for using the RFID in its 1,600 stores to maximize inventory availability in store.
The growing deployment of RFID technology in the healthcare sector as well as the aerospace and automotive industries is expected to bode well for the growth of the market in the coming years. The integration of Big Data and IoT platforms in RFID solutions and the rising demand for smart campus and colleges in the region is further triggering the growth of the market in the region.
The deployment of RFID readers is increasing substantially owing to the rising clinical research safety concerns in the regions. Eastern Europe countries have high concerns on clinical research in hospitals and institutes safety and improving supply chain operations. RFID tags and readers are used to monitor the quality and quantity of medicine and storage conditions such as temperature and moisture of environment.
The clinical research organisations in Eastern Europe are focusing more on R&D initiatives to develop new technologically driven pharmaceuticals. For example, the practice of implementing RFID technology in the Russian pharmaceutical industry was proposed by Russia’s president, Vladimir Putin in 2015.
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The RFID readers market is predicted to grow at an 11.9% CAGR through 2032.
North America RFID readers market holds the highest revenue potential.
The RFID readers market is expected to surpass US$ 44.63 Bn by 2032.
The RFID readers market size is anticipated to be over US$ 14.5 Bn in 2022.
1. Executive Summary 1.1. Market Overview 1.2. Market Analysis 1.3. FMI Analysis and Recommendations 1.4. Wheel of Fortune 2. Market Introduction 2.1. Market Definition 2.2. Market Taxonomy 3. Market Background 3.1. Macro-Economic Factors 3.2. Forecast Factors – Relevance & Impact 3.3. Value Chain 3.4. Market Dynamics 3.4.1. Drivers 3.4.2. Restraints 3.5. Opportunity Analysis 4. Market Forecast 4.1. Market Size and Y-o-Y Growth 4.2. Absolute $ Opportunity 5. Global RFID Reader Market Analysis By Types 5.1. Introduction 5.1.1. Market Value Share Analysis By Types 5.1.2. Y-o-Y Growth Analysis By Types 5.2. Historical Market Size (US$ Mn) Analysis 2012-2016 By Types 5.2.1. Fixed RFID Readers 5.2.1.1. Integrated RFID Readers 5.2.1.2. Non- Integrated RFID Readers 5.2.2. Handheld RFID Readers 5.3. Current Market Size (US$ Mn) and Forecast 2017-2027 By Types 5.3.1. Fixed RFID Readers 5.3.1.1. Integrated RFID Readers 5.3.1.2. Non- Integrated RFID Readers 5.3.2. Handheld RFID Readers 5.4. Market Attractiveness Analysis By Types 6. Global RFID Reader Market Analysis By Frequency 6.1. Introduction 6.1.1. Market Value Share Analysis By Frequency 6.1.2. Y-o-Y Growth Analysis By Frequency 6.2. Historical Market Size (US$ Mn) Analysis 2012-2016 By Frequency 6.2.1. Low Frequency 6.2.2. High Frequency 6.2.3. Ultra High Frequency 6.3. Current Market Size (US$ Mn) and Forecast 2017-2027 By Frequency 6.3.1. Low Frequency 6.3.2. High Frequency 6.3.3. Ultra High Frequency 6.4. Market Attractiveness Analysis By Frequency 7. Global RFID Reader Market Analysis By Communication 7.1. Introduction 7.1.1. Market Value Share Analysis By Communication 7.1.2. Y-o-Y Growth Analysis By Communication 7.2. Historical Market Size (US$ Mn) Analysis 2012-2016 By Communication 7.2.1. Wi-Fi 7.2.2. Ethernet 7.2.3. Others (Bluetooth) 7.3. Current Market Size (US$ Mn) and Forecast 2017-2027 By Communication 7.3.1. Wi-Fi 7.3.2. Ethernet 7.3.3. Others (Bluetooth) 7.4. Market Attractiveness Analysis By Communication 8. Global RFID Reader Market Analysis By Industry 8.1. Introduction 8.1.1. Market Value Share Analysis By Industry 8.1.2. Y-o-Y Growth Analysis By Industry 8.2. Historical Market Size (US$ Mn) Analysis 2012-2016 By Industry 8.2.1. Logistics and Transportation 8.2.2. Aerospace and Defense 8.2.3. Automotive 8.2.4. Retail 8.2.5. Healthcare 8.2.6. Others (Government, Education, Agriculture) 8.3. Current Market Size (US$ Mn) and Forecast 2017-2027 By Industry 8.3.1. Logistics and Transportation 8.3.2. Aerospace and Defense 8.3.3. Automotive 8.3.4. Retail 8.3.5. Agriculture 8.3.6. Healthcare 8.3.7. Others (Government, Education) 8.4. Market Attractiveness Analysis By Industry 9. Global RFID Reader Market Analysis By Region 9.1. Introduction 9.1.1. Market Value Share Analysis By Region 9.1.2. Y-o-Y Growth Analysis By Region 9.2. Historical Market Size (US$ Mn) Analysis 2012-2016 By Region 9.2.1. North America 9.2.2. Latin America 9.2.3. Western Europe 9.2.4. Eastern Europe 9.2.5. MEA 9.2.6. Asia Pacific 9.2.7. China 9.2.8. Japan 9.3. Current Market Size (US$ Mn) and Forecast 2017-2027 By Region 9.3.1. North America 9.3.2. Latin America 9.3.3. Western Europe 9.3.4. Eastern Europe 9.3.5. MEA 9.3.6. Asia Pacific 9.3.7. China 9.3.8. Japan 9.4. Market Attractiveness Analysis By Region 10. North America RFID Reader Market Analysis 10.1. Introduction 10.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 10.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 10.3.1. By Country 10.3.1.1. U.S. 10.3.1.2. Canada 10.3.2. By Types 10.3.3. By Frequency 10.3.4. By Communication 10.3.5. By Industry 10.4. Market Trends 10.5. Key Market Participants – Intensity Mapping 10.6. Drivers and Restraints – Impact Analysis 11. Latin America RFID Reader Market Analysis 11.1. Introduction 11.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 11.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Types 11.3.3. By Frequency 11.3.4. By Communication 11.3.5. By Industry 11.4. Market Trends 11.5. Key Market Participants – Intensity Mapping 11.6. Drivers and Restraints – Impact Analysis 12. Western Europe RFID Reader Market Analysis 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 12.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. Italy 12.3.1.3. France 12.3.1.4. Spain 12.3.1.5. U.K. 12.3.1.6. BENELUX 12.3.1.7. Rest of Western Europe 12.3.2. By Types 12.3.3. By Frequency 12.3.4. By Communication 12.3.5. By Industry 12.4. Market Trends 12.5. Key Market Participants – Intensity Mapping 12.6. Drivers and Restraints – Impact Analysis 13. Eastern Europe RFID Reader Market Analysis 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 13.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 13.3.1. By Country 13.3.1.1. Russia 13.3.1.2. Poland 13.3.1.3. Rest of Eastern Europe 13.3.2. By Types 13.3.3. By Frequency 13.3.4. By Communication 13.3.5. By Industry 13.4. Market Trends 13.5. Key Market Participants – Intensity Mapping 13.6. Drivers and Restraints – Impact Analysis 14. Middle East and Africa RFID Reader Market Analysis 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 14.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 14.3.1. By Country 14.3.1.1. Northern Africa 14.3.1.2. GCC Countries 14.3.1.3. South Africa 14.3.1.4. Turkey 14.3.1.5. Rest of Middle East and Africa 14.3.2. By Types 14.3.3. By Frequency 14.3.4. By Communication 14.3.5. By Industry 14.4. Market Trends 14.5. Key Market Participants – Intensity Mapping 14.6. Drivers and Restraints – Impact Analysis 15. Asia Pacific RFID Reader Market Analysis 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 15.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 15.3.1. By Country 15.3.1.1. India 15.3.1.2. ASEAN 15.3.1.3. Australia and New Zealand 15.3.1.4. Rest of APAC 15.3.2. By Types 15.3.3. By Frequency 15.3.4. By Communication 15.3.5. By Industry 15.4. Market Trends 15.5. Key Market Participants – Intensity Mapping 15.6. Drivers and Restraints – Impact Analysis 16. Japan RFID Reader Market Analysis 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 16.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 16.3.1. By Types 16.3.2. By Frequency 16.3.3. By Communication 16.3.4. By Industry 16.4. Market Trends 16.5. Key Market Participants – Intensity Mapping 16.6. Drivers and Restraints – Impact Analysis 17. China RFID Reader Market Analysis 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Analysis By Market Segment 2012-2016 17.3. Market Size (US$ Mn) and Forecast By Market Segments, 2017–2027 17.3.1. By Types 17.3.2. By Frequency 17.3.3. By Communication 17.3.4. By Industry 17.4. Market Trends 17.5. Key Market Participants – Intensity Mapping 17.6. Drivers and Restraints – Impact Analysis 18. Market Structure Analysis 18.1. Market Analysis by Tier of Companies 18.1.1. By Large, Medium and Small 18.2. Market Share Analysis of Top 10 Players 18.3. Market Presence Analysis 18.3.1. Regional footprint of Players 18.3.2. Product foot print by Players 19. Competition Analysis 19.1. Competition Dashboard 19.2. Competition Deep Dive 19.2.1. Zebra 19.2.1.1. Overview 19.2.1.2. Product Portfolio 19.2.1.3. Production Footprint 19.2.1.4. Sales Footprint 19.2.1.5. Channel Footprint 19.2.1.6. Competition Benchmarking 19.2.1.7. Strategy 19.2.1.7.1. Marketing Strategy 19.2.1.7.2. Product Strategy 19.2.1.7.3. Channel Strategy 19.2.2. Invengo 19.2.3. GAO RFID Inc. 19.2.4. Xerox 19.2.5. ALIEN Technology 19.2.6. Spectra Vision 19.2.7. Trimble 19.2.8. Impinj 19.2.9. Honeywell 19.2.10. Datalogic 19.2.11. TSL 19.2.12. CAEN RFID 19.2.13. CIPHER Labs 19.2.14. Unitech 20. Research Methodology
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RFID Readers Market
