Airport RFID System Market 2018 Global Industry Size, Share, Trends, Segments and Regional Overview by Baggage Tracking, Flyable Parts Tracking and Inventory Management

Pune, India -- (SBWire) -- 10/31/2018 --Airport RFID System Market Highlights

The RFID is a newer technology compared to barcodes. The RFID system is widely used at airports for baggage tracking, flyable parts tracking, inventory management, and others. The RFID tags act as a tracker, thereby minimizing incidences such as misplacement and theft.

The major factors driving the growth of the market are increasing usage of security & access control application and rising installation of RFID in airports for baggage handling. However, the high installation cost of RFID system is hampering the airport RFID system market growth.

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Key Players

The key players in the airport RFID system market are GlobeRanger (U.S.), RFID Global Solution, Inc. (U.S.), Rockwell Collins Inc. (U.S.), Grenzebach Group (Germany), BCS Group (Canada), Beumer Group (Germany), Siemens AG (Germany), Honeywell International Inc. (U.S.), Daifuku Company Ltd (Japan), and Confidex (Finland).

Scope of the Report

This study provides an overview of the global airport RFID system market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global airport RFID system market by frequency, application, type, and region.

Frequency
o Low Frequency
o High Frequency
o Ultra-High Frequency

Application
o Baggage Tracking
o Flyable Parts Tracking
o Inventory Management
o Others

Type
o Product - Tags and Readers
o Software

By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America

Regional Analysis

North America dominates the airport RFID system market due to the increased application of RFID in baggage tracking, flyable parts tracking, and inventory management in airports. The region is projected to grow at a faster rate due to rise in expenditure on RFID technologies. The U.S. has a very high demand for RFID system for airport applications. Lately, Canada has made some considerable investments in the development of RFID systems. The North American market is primarily dominated by the U.S., as U.S. has the largest number of RFID systems manufacturers. In Europe, the U.K, France, and Germany are the major contributors to the market growth, due to the presence of key manufacturers of RFID system. Asia-Pacific is expected to emerge as the fastest growing region during the forecast period. Manufacturers are adopting cost-effective technology in the RFID manufacturing process. The growing adoption of airport RFID system in countries, such as China, Japan, and India, are expected to contribute to the growth of the market.

Therefore, the airport RFID system market is estimated to witness a CAGR of more than 8% during the forecast period.

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Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objectives
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued.......

List of Tables

Table 1 Global Airport Rfid System Market, by Region, 2018–2023
Table 2 North America: Airport Rfid System Market, by Country, 2018–2023
Table 3 Europe: Airport Rfid System Market, by Country, 2018–2023
Table 4 Asia-pacific: Airport Rfid System Market, by Country, 2018–2023
Table 5 Middle East & Africa: Airport Rfid System Market, by Country, 2018–2023
Table 6 Latin America: Airport Rfid System Market, by Country, 2018–2023
Table 7 Global Airport Rfid System Market, by Frequency, 2018–2023
Table 8 North America: Airport Rfid System Market, by Frequency, 2018–2023

Continued.......

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