Europe RFID Market size was valued at US$ 3.58 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 8.9% through 2021 to 2027, reaching nearly US$ 6.50 Bn.
Europe RFID Market Overview:RFID tags are a sort of tracking system that searches, identifies, tracks, and communicates with commodities and people using radio frequency. RFID tags are smart labels that can hold a variety of data, including serial numbers, a brief explanation, and even entire pages of data. Animal Tracking/Agriculture, Commercial, Transportation, Healthcare, Logistics and Supply Chain, Aerospace, Defense, Retail, Security and Access Control, and Sports are the end-users of the RFID. Low Frequency, High Frequency, Ultra-high Frequency, and Active Ultra-High Frequency are the types of the frequency of the RFID. To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.
Europe RFID Market Dynamics:The rise in the use of safety and access control applications is expected to boost the growth of the Europe RFID (radio frequency identification) market during the forecast period 2021-2027. Besides, the government's rising initiative is expected to accelerate the growth of the Europe RFID (radio frequency identification) market. Furthermore, better RFID (radio frequency identification) installation in industrial units for productivity improvements is expected to sluggish the growth of the Europe RFID (radio frequency identification) market. The rise in the costs of installing RFID (radio frequency identification) systems, on the other hand, is expected to restrain the growth of the Europe RFID (radio frequency identification) market during the forecast period 2021-2027. Moreover, as RFID (radio frequency identification) technology becomes more widely accepted in the retail business, the Europe RFID (radio frequency identification) market is expected to have more prospects to grow during the forecast period 2021-2027. Concerns over device compatibility, on the other hand, may pose a further obstacle to the RFID (radio frequency identification) market's growth in Europe during the forecast period 2021-2027.
Europe RFID Market Segment Analysis:Based on the Product, the market is segmented into Tags, Reader, and Software. Tags segment is expected to hold the largest market shares of xx% by 2027. The RFID tag contains a unique identifying code that a scanning device may read. RFID, unlike other forms of identification, communicates with readers via radio waves. When a reader detects these waves, it turns them into digital data that may be used to identify the object that carries the tag. Anyone with a compatible reader can access the RFID tag data, which is one of the most notable RFID security problems. Even after the item has left the store or supply chain, these tags can be read. The most prevalent RFID product in Europe is tags, which enable for reading without the user's knowledge. If the tag contains a unique serial number, it can be linked to a specific customer, revealing personal data. Individuals in military or medical settings may be concerned about their privacy, which might become a life-or-death issue. Based on the Working, the market is segmented into Passive RFID, and Active RFID. Passive RFID segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Passive RFID systems depend on the electromagnetic energy transmitted from an RFID reader to power tags that have no internal power source. Passive RFID tags are used in access control, file tracking, race timing, supply chain management, smart labelling, and other applications. Because of the lower cost per tag, passive RFID systems are cost-effective for a variety of industries. Active RFID is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Active RFID systems use battery-powered RFID tags that send their own signal. Active RFID tags are widely employed as beacons to track asset position in real time or in high-speed applications such as tolling. Active tags have a far wider reading range than passive tags, but they are also much more expensive.
Europe RFID Market Country-wise Insights:Germany, UK, and France are expected to hold the largest market shares of xx%, xx% and xx% by 2027. This is due to the growing demand in supply chain industry and for increasing requirement for rising efficiency for improving quality of manufacturing. Industry-specific market dynamics have paved the way for better time management and a well-planned operation system to assure timely delivery of goods. RFID technology has helped organisations tackle some of these problems while also increasing productivity and cutting expenses. These characteristics have helped to provide the industrial sector a new dimension, resulting in some important driving factors for the Europe RFID Market. These are the key factor which are expected to drives the growth of the Germany, France, and UK in the Europe RFID market during the forecast period 2021-2027. The objective of the report is to present a comprehensive analysis of the Europe RFID Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Europe RFID Market dynamic, structure by analyzing the market segments and project the Europe RFID Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Europe RFID Market make the report investor’s guide.
Europe RFID Market Scope: Inquiry Before Buying
Global Lead Acid Battery Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 3.58 Bn. Forecast Period 2021 to 2027 CAGR: 8.9% Market Size in 2027: US $ 6.50 Bn. Segments Covered: by Product • Tags • Reader • Software by Wafer Size • 200mm • 300mm • Others by Working • Passive RFID • Active RFID by Frequency • Low Frequency • High Frequency • Ultra-high Frequency • Active Ultra-High Frequency by End-User • Animal Tracking/Agriculture • Commercial • Transportation • Healthcare • Logistics and Supply Chain • Aerospace • Defense • Retail • Security and Access Control • Sports by Form Factor • Button • Card • Electronic Housing • Implants • Key Fob • Label • Paper Tickets • Wristband • Others by Label Type • Plastic • Paper • Metal • Glass • Others
Europe RFID Market Key Players• Alien Technology Corporation • AMS AG • Atmel Corp • BISA Technologies Limited • Copperspiral RFID Technologies Pvt., Ltd. • Datalogic S.p.A. • Free Alliance Sdn Bhd • GAO RFID, Inc. • Honeywell International • Impinj, Inc. • Invengo Technology Pte. Ltd. • NXP Semiconductors • Omni-Id, Inc. • Protrac iD Pty., Ltd. • Shanghai Super Electronic Technology Co., Ltd. • Shenzhen DDCT Technology Co., Ltd. • ThinkMagic • Xerox Corporation • Zebra Technologies Corporation Frequently Asked Questions: 1] What segments are covered in Europe RFID Market report? Ans. The segments covered in Europe RFID Market report are based on Product, Wafer Size, Working, Frequency, End-User, Form Factor, and Label Type. 2] Which countries are expected to hold the highest share in the Europe RFID Market? Ans. Germany, UK, and France are expected to hold the highest share in the Europe RFID Market. 3] Who are the top key players in the Europe RFID Market? Ans. Alien Technology Corporation, AMS AG, Atmel Corp, BISA Technologies Limited, Copperspiral RFID Technologies Pvt., Ltd., and Datalogic S.p.A. are the top key players in the Europe RFID Market. 4] Which segment holds the largest market share in the Europe RFID market by 2027? Ans. RFID Tags segment hold the largest market share in the Europe RFID market by 2027. 5] What is the market size of the Europe RFID market by 2027? Ans. The market size of the Europe RFID market is US $6.50 Bn. by 2027. 6] What was the market size of the Europe RFID market in 2020? Ans. The market size of the Europe RFID market was worth US $3.58 Bn. in 2020.
1. Europe RFID Market: Research Methodology 2. Europe RFID Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Europe RFID Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Europe RFID Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by Europe 3.12 COVID-19 Impact 4. Europe RFID Market Segmentation 4.1 Europe RFID Market, by Product (2020-2027) • Tags • Reader • Software 4.2 Europe RFID Market, by Wafer Size (2020-2027) • 200mm • 300mm • Others 4.3 Europe RFID Market, by Working (2020-2027) • Passive RFID • Active RFID 4.4 Europe RFID Market, by Frequency (2020-2027) • Low Frequency • High Frequency • Ultra-high Frequency • Active Ultra-High Frequency 4.5 Europe RFID Market, by End-User (2020-2027) • Animal Tracking/Agriculture • Commercial • Transportation • Healthcare • Logistics and Supply Chain • Aerospace • Defense • Retail • Security and Access Control • Sports 4.6 Europe RFID Market, by Form Factor (2020-2027) • Button • Card • Electronic Housing • Implants • Key Fob • Label • Paper Tickets • Wristband • Others 4.7 Europe RFID Market, by Label Type (2020-2027) • Plastic • Paper • Metal • Glass • Others 4.8 Europe RFID Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 5. Company Profile: Key players 5.1. Alien Technology Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 5.2. AMS AG 5.3. Atmel Corp 5.4. BISA Technologies Limited 5.5. Copperspiral RFID Technologies Pvt., Ltd. 5.6. Datalogic S.p.A. 5.7. Free Alliance Sdn Bhd 5.8. GAO RFID, Inc. 5.9. Honeywell International 5.10. Impinj, Inc. 5.11. Invengo Technology Pte. Ltd. 5.12. NXP Semiconductors 5.13. Omni-Id, Inc. 5.14. Protrac iD Pty., Ltd. 5.15. Shanghai Super Electronic Technology Co., Ltd. 5.16. Shenzhen DDCT Technology Co., Ltd. 5.17. ThinkMagic 5.18. Xerox Corporation 5.19. Zebra Technologies Corporation