Global RFID Tags Market to Reach $12.8 Billion by 2030
The global market for RFID Tags estimated at US$12.6 Billion in the year 2022, is projected to reach a revised size of US$12.8 Billion by 2030, growing at a CAGR of 0.3% over the analysis period 2022-2030. Active RFID Tags, one of the segments analyzed in the report, is projected to record 1.4% CAGR and reach US$8.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Passive RFID Tags segment is readjusted to a revised -1.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 5.5% CAGR
The RFID Tags market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 5.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -2.8% and 1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately -1.7% CAGR.
Select Competitors (Total 46 Featured) -
- Alien Technology
- Confidex Ltd.
- GAO RFID, Inc.
- HID Global Corporation
- Honeywell AIDC
- Impinj, Inc.
- Invengo Technology Pte. Ltd
- NXP Semiconductors NV
- Omni-ID Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alien Technology
- Confidex Ltd.
- GAO RFID, Inc.
- HID Global Corporation
- Honeywell AIDC
- Impinj, Inc.
- Invengo Technology Pte. Ltd
- NXP Semiconductors NV
- Omni-ID Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 379 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.6 Billion |
Forecasted Market Value ( USD | $ 12.8 Billion |
Compound Annual Growth Rate | 0.3% |
Regions Covered | Global |