RFID Sensor Market by Product, Frequency Band Type, Application, and Industry Vertical - Global Opportunities Analysis and Industry Forecast, 2018-2024

Radio Frequency identification (RFID) is the use of radio waves to read and capture information stored on a tag attached to an object. A tag can be read from up to several feet away and does not need to be within direct line-of-sight of the reader to be tracked.

Factors such as rise in need for tracking inventory & equipment in businesses, robust security provided by RFID sensors, and ability of RFID to read the signal from long distance fuel the growth of the market. However, high RFID cost and lack of ability to perform in uncertain situations hamper the market growth. On the contrary, development of the automobile industry and use of RFID in various applications are expected to present numerous opportunities for market expansion.

The global RFID market is segmented into product, frequency band, type, application, industry vertical, and region. Based on product, the market is categorized into tags, reader, and software. On the basis of frequency band, it is classified into low frequency, high frequency, and ultrahigh frequency. By type, it is divided into active and passive. Depending on application, it is fragmented into access control, livestock tracking, ticketing, cashless payment, and inventory management. The industry verticals segment is divided into transportation & logistics, healthcare, hospitality, food & beverages, retail, manufacturing, and government. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

This study comprises analytical depiction of the global RFID sensor market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2018 to 2024 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

KEY MARKET SEGMENTS

By Product

Tags
Reader
Software

By Frequency Band

Low Frequency
High Frequency
Ultrahigh Frequency

By Type

Active
Passive

By Application

Access Control
Livestock Tracking
Ticketing
Cashless Payment
Inventory Management

By Industry Vertical

Transportation & logistics
Healthcare
Hospitality
Food & Beverages
Retail
Manufacturing
Government

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. High-to-moderate intensity of rivalry
3.3.5. High-to-moderate bargaining power of buyers
3.4. PLAYER POSITIONING (2017)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Helps businesses to track inventory and equipment.
3.5.1.2. Robust Security.
3.5.1.3. .Reads from greater distance even in harsh environment.
3.5.2. Restraint
3.5.2.1. High RFID costs.
3.5.2.2. Tags Collision.
3.5.3. Opportunities
3.5.3.1. Increase in penetration of RFID sensor in various applications.

CHAPTER 4: RFID SENSOR MARKET, BY PRODUCT TYPE

4.1. OVERVIEW
4.2. TAGS
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. READER
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. SOFTWARE
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

CHAPTER 5: RFID SENSOR MARKET, BY FREQUENCY BAND

5.1. OVERVIEW
5.2. LOW FREQUENCY
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. HIGH FREQUENCY
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. ULTRA-HIGH FREQUENCY
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

CHAPTER 6: RFID SENSOR MARKET, BY TYPE

6.1. OVERVIEW
6.2. ACTIVE
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. PASSIVE
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.3.4.

CHAPTER 7: RFID SENSOR MARKET, BY APPLICATION

7.1. OVERVIEW
7.2. ACCESS CONTROL
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis by country
7.3. LIVESTOCK TRACKING
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis by country
7.4. TICKETING
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market analysis by country
7.5. CASHLESS PAYMENT
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market analysis by country
7.6. INVENTORY MANAGEMENT
7.6.1. Key market trends, growth factors and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market analysis by country

CHAPTER 8: RFID SENSOR MARKET, BY INDUSTRY VERTICAL

8.1. OVERVIEW
8.2. TRANSPORTATION & LOGISTICS
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market analysis by country
8.3. HEALTHCARE
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market analysis by country
8.3.4.
8.4. HOSPITALITY
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by region
8.4.3. Market analysis by country
8.5. FOOD & BEVERAGES
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by region
8.5.3. Market analysis by country
8.6. RETAIL
8.6.1. Key market trends, growth factors and opportunities
8.6.2. Market size and forecast, by region
8.6.3. Market analysis by country
8.7. MANUFACTURING
8.7.1. Key market trends, growth factors and opportunities
8.7.2. Market size and forecast, by region
8.7.3. Market analysis by country
8.8. GOVERNMENT
8.8.1. Key market trends, growth factors and opportunities
8.8.2. Market size and forecast, by region
8.8.3. Market analysis by country

CHAPTER 9: RFID SENSOR MARKET, BY REGION

9.1. OVERVIEW
9.2. NORTH AMERICA
9.2.1. Key market trends, growth factors and opportunities
9.2.2. Market size and forecast, by Product type
9.2.3. Market size and forecast, by Frequency Band
9.2.4. Market size and forecast, by Type
9.2.5. Market size and forecast, by Application
9.2.6. Market size and forecast, by Industry Vertical
9.2.7. Market analysis by country
9.2.8. U.S.
9.2.8.1. Market size and forecast, by Product Type
9.2.8.2. Market size and forecast, by Frequency Band
9.2.8.3. Market size and forecast, by Type
9.2.9. Market size and forecast, by Application
9.2.10. Market size and forecast, by Industry Vertical
9.2.11. Canada
9.2.11.1. Market size and forecast, by Product type
9.2.11.2. Market size and forecast, by Frequency Band
9.2.11.3. Market size and forecast, by Type
9.2.12. Market size and forecast, by Application
9.2.13. Market size and forecast, by Industry Vertical
9.2.14. Mexico
9.2.14.1. Market size and forecast, by Product type
9.2.14.2. Market size and forecast, by Frequency Band
9.2.14.3. Market size and forecast, by Type
9.2.15. Market size and forecast, by Application
9.2.16. Market size and forecast, by Industry Vertical
9.3. EUROPE
9.3.1. Key market trends, growth factors and opportunities
9.3.2. Market size and forecast, by Product type
9.3.3. Market size and forecast, by Frequency Band
9.3.4. Market size and forecast, by Type
9.3.5. Market size and forecast, by Application
9.3.6. Market size and forecast, by Industry Vertical
9.3.7. Market analysis by country
9.3.8. UK
9.3.8.1. Market size and forecast, by Product type
9.3.8.2. Market size and forecast, by Frequency Band
9.3.8.3. Market size and forecast, by Type
9.3.9. Market size and forecast, by Application
9.3.10. Market size and forecast, by Industry Vertical
9.3.11. Germany
9.3.11.1. Market size and forecast, by Product type
9.3.11.2. Market size and forecast, by Frequency Band
9.3.11.3. Market size and forecast, by Type
9.3.12. Market size and forecast, by Application
9.3.13. Market size and forecast, by Industry Vertical
9.3.14. France
9.3.14.1. Market size and forecast, by Product type
9.3.14.2. Market size and forecast, by Frequency Band
9.3.14.3. Market size and forecast, by Type
9.3.15. Market size and forecast, by Application
9.3.16. Market size and forecast, by Industry Vertical
9.3.17. Russia
9.3.17.1. Market size and forecast, by Product type
9.3.17.2. Market size and forecast, by Frequency Band
9.3.17.3. Market size and forecast, by Type
9.3.18. Market size and forecast, by Application
9.3.19. Market size and forecast, by Industry Vertical
9.3.20. Rest of Europe
9.3.20.1. Market size and forecast, by Product type
9.3.20.2. Market size and forecast, by Frequency Band
9.3.20.3. Market size and forecast, by Type
9.3.21. Market size and forecast, by Application
9.3.22. Market size and forecast, by Industry Vertical
9.4. ASIA-PACIFIC
9.4.1. Key market trends, growth factors and opportunities
9.4.2. Market size and forecast, by Product type
9.4.3. Market size and forecast, by Frequency Band
9.4.4. Market size and forecast, by Type
9.4.5. Market size and forecast, by Application
9.4.6. Market size and forecast, by Industry Vertical
9.4.7. Market analysis by country
9.4.8. China
9.4.8.1. Market size and forecast, by Product type
9.4.8.2. Market size and forecast, by Frequency Band
9.4.8.3. Market size and forecast, by Type
9.4.9. Market size and forecast, by Application
9.4.10. Market size and forecast, by Industry Vertical
9.4.11. India
9.4.11.1. Market size and forecast, by Product type
9.4.11.2. Market size and forecast, by Frequency Band
9.4.11.3. Market size and forecast, by Type
9.4.12. Market size and forecast, by Application
9.4.13. Market size and forecast, by Industry Vertical
9.4.14. Japan
9.4.14.1. Market size and forecast, by Product type
9.4.14.2. Market size and forecast, by Frequency Band
9.4.14.3. Market size and forecast, by Type
9.4.15. Market size and forecast, by Application
9.4.16. Market size and forecast, by Industry Vertical
9.4.17. Australia
9.4.17.1. Market size and forecast, by Product type
9.4.17.2. Market size and forecast, by Frequency Band
9.4.17.3. Market size and forecast, by Type
9.4.18. Market size and forecast, by Application
9.4.19. Market size and forecast, by Industry Vertical
9.4.20. Rest of Asia-Pacific
9.4.20.1. Market size and forecast, by Product type
9.4.20.2. Market size and forecast, by Frequency Band
9.4.20.3. Market size and forecast, by Type
9.4.21. Market size and forecast, by Application
9.4.22. Market size and forecast, by Industry Vertical
9.5. LAMEA
9.5.1. Key market trends, growth factors and opportunities
9.5.2. Market size and forecast, by Product type
9.5.3. Market size and forecast, by Frequency Band
9.5.4. Market size and forecast, by Type
9.5.5. Market size and forecast, by Application
9.5.6. Market size and forecast, by Industry Vertical
9.5.7. Market analysis by country
9.5.8. Latin America
9.5.8.1. Market size and forecast, by Product type
9.5.8.2. Market size and forecast, by Frequency Band
9.5.8.3. Market size and forecast, by Type
9.5.9. Market size and forecast, by Application
9.5.10. Market size and forecast, by Industry Vertical
9.5.11. Middle East
9.5.11.1. Market size and forecast, by Product type
9.5.11.2. Market size and forecast, by Frequency Band
9.5.11.3. Market size and forecast, by Type
9.5.12. Market size and forecast, by Application
9.5.13. Market size and forecast, by Industry Vertical
9.5.14. Africa
9.5.14.1. Market size and forecast, by Product type
9.5.14.2. Market size and forecast, by Frequency Band
9.5.14.3. Market size and forecast, by Type
9.5.15. Market size and forecast, by Application
9.5.16. Market size and forecast, by Industry Vertical

CHAPTER 10: COMPANY PROFILES

10.1. HONEYWELL INTERNATIONAL INC.
10.1.1. Company overview
10.1.2. Company snapshot
10.1.3. Operating business segments
10.1.4. Product portfolio
10.1.5. Business performance
10.1.6. Key strategic moves and developments
10.2. AVERY DENNISON CORPORATION
10.2.1. Company overview
10.2.2. Company snapshot
10.2.3. Operating business segments
10.2.4. Product portfolio
10.2.5. Business performance
10.2.6. Key strategic moves and developments
10.3. MOTOROLA SOLUTIONS, INC.
10.3.1. Company overview
10.3.2. Company snapshot
10.3.3. Operating business segments
10.3.4. Product portfolio
10.3.5. Business performance
10.3.6. Key strategic moves and developments
10.4. CAEN RFID S.R.L.
10.4.1. Company overview
10.4.2. Company snapshot
10.4.3. Operating business segments
10.4.4. Product portfolio
10.4.5. Business performance
10.5. APPLIED WIRELESS IDENTIFICATIONS GROUP, INC.
10.5.1. Company overview
10.5.2. Company snapshot
10.5.3. Operating business segments
10.5.4. Product portfolio
10.5.5. Business performance
10.5.6. Key strategic moves and developments
10.6. ALIEN TECHNOLOGY
10.6.1. Company overview
10.6.2. Company snapshot
10.6.3. Operating business segments
10.6.4. Product portfolio
10.6.5. Key strategic moves and developments
10.7. INVENGO INFORMATION TECHNOLOGY CO., LTD
10.7.1. Company overview
10.7.2. Company snapshot
10.7.3. Operating business segments
10.7.4. Product portfolio
10.7.5. Business performance
10.7.6. Key strategic moves and developments
10.8. SAVI TECHNOLOGY
10.8.1. Company overview
10.8.2. Company snapshot
10.8.3. Operating business segments
10.8.4. Product portfolio
10.9. IMPINJ, INC.
10.9.1. Company overview
10.9.2. Company snapshot
10.9.3. Operating business segments
10.9.4. Product portfolio
10.9.5. Business performance
10.10. CHECKPOINT SYSTEMS, INC..
10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Product portfolio

Executive Summary

According to a recent report titled, Global RFID Sensor Market by Product, Frequency Band, Type, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2024, The global RFID sensors market was valued at $11.81 billion in 2017, and is projected to reach $26.67 billion by 2024, registering a CAGR of 12.2% from 2018 to 2024.

RFID sensor is an automatic identification technology, which uses radio frequency electromagnetic field to identify the objects carrying tags. At present, North America dominates the market, followed by Europe. In 2017, the U.S. is expected to remain dominant in the North America market, while the UK is projected to lead the overall market in Europe.

Helping the supply chain management system by tracking & monitoring their inventories and providing robust security drive the market growth. Moreover, long distance tag readability fuel the growth of the global RFID sensors market. Integrated circuits in RFID assembly contain a tiny antenna for transferring information, which further contribute towards the market growth. However, high RFID cost and inability to read signals from multiple outputs hamper the market growth.

Key findings of the RFID Sensor Market:

The type segment is estimated to generate the highest revenue in the global RFID sensor market in 2017.
By type, the passive segment was the highest revenue contributor in 2017.
Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
In 2017, North America contributed the highest market share, followed by Europe, Asia Pacific, and LAMEA.

The key players profiled in the report are Murata Manufacturing Co., Ltd, Vitaran Electronics, SMARTRAC, ELA Innovation, Balluff Inc., AB&R (American Barcode and RFID), VisuaScan Inc., Imprint Enterprises, Coridian Technologies, Inc., AbeTech Corporate, and Invengo Technology Pte. Ltd.

According to a recent report titled, Global RFID Sensor Market by Product, Frequency Band, Type, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2024, The global RFID sensors market was valued at $11.81 billion in 2017, and is projected to reach $26.67 billion by 2024, registering a CAGR of 12.2% from 2018 to 2024.

RFID sensor is an automatic identification technology, which uses radio frequency electromagnetic field to identify the objects carrying tags. At present, North America dominates the market, followed by Europe. In 2017, the U.S. is expected to remain dominant in the North America market, while the UK is projected to lead the overall market in Europe.

Helping the supply chain management system by tracking & monitoring their inventories and providing robust security drive the market growth. Moreover, long distance tag readability fuel the growth of the global RFID sensors market. Integrated circuits in RFID assembly contain a tiny antenna for transferring information, which further contribute towards the market growth. However, high RFID cost and inability to read signals from multiple outputs hamper the market growth.

Key findings of the RFID Sensor Market:

The type segment is estimated to generate the highest revenue in the global RFID sensor market in 2017.
By type, the passive segment was the highest revenue contributor in 2017.
Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
In 2017, North America contributed the highest market share, followed by Europe, Asia Pacific, and LAMEA.

The key players profiled in the report are Murata Manufacturing Co., Ltd, Vitaran Electronics, SMARTRAC, ELA Innovation, Balluff Inc., AB&R (American Barcode and RFID), VisuaScan Inc., Imprint Enterprises, Coridian Technologies, Inc., AbeTech Corporate, and Invengo Technology Pte. Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic news articles and other related releases for market evaluation
Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table of Contents

Executive Summary

Methodology

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