Global RTLS for Industrial Applications Market 2016-2020

  • ID: 3769406
  • Report
  • Region: Global
  • 55 pages
  • TechNavio
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FEATURED COMPANIES

  • AeroScout MobileView
  • Awarepoint
  • Ekahau
  • Essensium
  • HP
  • PINC Solutions
  • MORE
About RTLS for Industrial Applications

RTLS is used to track asset, person, or any object in real-time basis. RTLS employs radio frequency identification (RFID) technology for communication, but some systems use optical (based on infrared waves) or acoustic (based on ultra sound) technology, either combined or separately.

RTLS involves two components:

- Tags: These are hardware components attached to the object that has to be tracked.
- Readers: These are a combination of both hardware and software used to monitor signals emitting from the tag and determine the location of the object to which it has been attached.

RTLS uses inexpensive radio tags and a cellular reader system to detect the presence and location of the containers. RTLS helps track assets within a smaller geographical area. RTLS provides passive or active information about the location of objects and generally tracks assets in confined areas where the required location points are covered with wireless nodes. RTLS enables transportation, healthcare, retail, and government organizations to monitor and track assets and resources more effectively. This helps in the optimal utilization of assets, streamlining of operations, and improvement of productivity. This ultimately enables enterprises to enhance their work processes. RTLS mainly uses technologies such as RFID, UWB, and Wi-Fi to locate objects.

The analysts forecast the global RTLS for industrial applications market to grow at a CAGR of 31.14% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global RTLS for industrial applications market for 2016-2020. To calculate the market size, the report considers the revenue generated from both licensing of software as well as shipment of RTLS hardware.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global RTLS for Industrial Applications Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AeroScout
- Awarepoint
- Ekahau
- Essensium
- HP
- PINC Solutions
- Schmidt
- Ubisense
- Zebra Technologies
- View Technologies

Market drivers
- Adoption of RTLS for ease of inventory management

Market challenges
- Safety and security concerns

Market trends
- Growing popularity of smart factories

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • AeroScout MobileView
  • Awarepoint
  • Ekahau
  • Essensium
  • HP
  • PINC Solutions
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Difference between RFID and RTLS technologies
PART 05: Location-based services ecosystem

PART 06: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 07: Market segmentation by technology
  • Segmentation of global RTLS for industrial applications market by technology
  • Systems
  • Tags
PART 08: Geographical segmentation
  • Segmentation of global RTLS for industrial applications market by geography
  • Americas
  • EMEA
  • APAC
PART 09: Market drivers
  • Adoption of RTLS for ease of inventory management
  • Error reduction in data entry
  • Declining prices of RFID tags
PART 10: Impact of drivers

PART 11: Market challenges
  • Safety and security concerns
  • High implementation cost
  • Low quality of wireless networks
  • Lack of well-defined RTLS technology standards
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Growing popularity of smart factories
  • Rising adoption of UWB RTLS technology
  • Emergence of UWB and ZigBee technologies
PART 14: Vendor landscape
  • Competitive scenario
  • Vendor analysis
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits

Exhibit 01: Standard currency conversion rates
Exhibit 02: Comparison of different wireless technologies
Exhibit 03: Comparison of AoA, TDOA, and RSSI
Exhibit 04: Comparison of active and passive RFID
Exhibit 05: Passive RFID tags work at low, high, and ultra-high frequencies.
Exhibit 06: Market summary
Exhibit 07: Differences between indoor and outdoor LBS
Exhibit 08: LBS value chain
Exhibit 09: LBS applications
Exhibit 10: Global RTLS for industrial applications
Exhibit 11: Global RTLS for industrial applications market by end-users 2015
Exhibit 12: RTLS deployment by vertical market (except industrial)
Exhibit 13: Global RTLS for industrial applications 2015-2020 ($ millions)
Exhibit 14: Common RTLS applications
Exhibit 15: Industry-specific RTLS applications
Exhibit 16: Application-wise RTLS process automation and value addition
Exhibit 17: Five forces analysis
Exhibit 18: Global RTLS for industrial applications market by technology 2015
Exhibit 19: Global RTLS for industrial applications market by technology 2015 ($ millions)
Exhibit 20: Global RTLS for industrial applications market by geography 2015-2020
Exhibit 21: Global RTLS for industrial applications market by geography 2015-2020 ($ millions)
Exhibit 22: RTLS for industrial applications market for Americas 2015-2020 ($ millions)
Exhibit 23: RTLS market for industrial applications for EMEA 2015-2020 ($ millions)
Exhibit 24: RTLS for industrial applications for APAC 2015-2020 ($ millions)
Exhibit 25: CAGR comparison of RTLS for industrial applications market
Exhibit 26: Impact of drivers
Exhibit 27: Impact of drivers and challenges
Exhibit 28: List of vendors
Exhibit 29: AeroScout: Products and services
Exhibit 30: Ekahau: Product offerings
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FEATURED COMPANIES

  • AeroScout MobileView
  • Awarepoint
  • Ekahau
  • Essensium
  • HP
  • PINC Solutions
  • MORE
New Report Released: - Global RTLS Market for Industrial Applications 2016-2020

The author of the report recognizes the following companies as the key players in the global RTLS market for industrial applications: AeroScout MobileView, Awarepoint, Ekahau, Essensium, HP, PINC Solutions, Schmidt, Ubisense, Zebra Technologies, and View Technologies.

Commenting on the report, an analyst from the research team said: “One trend impelling growth is the rising adoption of UWB RTLS technology. Ultra-wideband (UWB) RTLS technology provides high accuracy over short-to-medium distances and is inexpensive compared to other RTLS technologies. UWB RTLS technology is also considered to be useful for short-range, low-data-rate communications. The potential of UWB RTLS to provide accurate results in high-ranging applications is advantageous for end-users. This technology is also useful for applications that require high accuracy because it provides the precise location at a distance of less than 300 meters.”

According to the report, one driver spurring growth in the market is the adoption of RTLS for ease of inventory management. Inventory management includes tracking products, items or assets of a company, managing storage of components that will be required during production as well as overseeing the quantity of finished products. Inventory is an important asset for a company that requires investment from manufacturing to the sale of products. Mismanagement of inventory can lead to significant financial problems, leading to inventory glut or inventory shortage.

Further, the report states that one challenge negatively impacting the growth of this market is the high implementation cost. Implementation of RTLS is expensive because of its high initial deployment cost, which will compel manufacturers to opt for low-cost technologies such as barcode system. The cost of RTLS includes expenses involved in planning and design, cabling, software licenses, and location hardware such as sign posts and readers. The deployment cost depends on site-specific parameters and the kind of equipment used. Implementation of RTLS in a large manufacturing company may cost $10-$30 million.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- AeroScout MobileView
- Awarepoint
- Ekahau
- Essensium
- HP
- PINC Solutions
- Schmidt
- Ubisense
- Zebra Technologies
- View Technologies.
Note: Product cover images may vary from those shown
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