Albany, NY -- (SBWIRE) -- 01/11/2019 -- The global battery free RFID sensor market is mainly driven by the growing need for the sensors without batteries in numerous end-use applications. A report, titled "Battery Free RFID Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026." The report presents the global growth scenarios and revenues of the overall battery free RFID sensor market. The report offers wide-ranging insights into opportunities, trends, restraints, and drivers influencing the battery free RFID sensor market. Furthermore, a section of the competitive landscape comprises the details of the key players operating in the battery free RFID sensor market. The report is available on the website ResearchMoz.us.
Battery free RFID sensors market is gaining traction due to the widening of the sensors across numerous applications. These sensors are able to transmit data without the help of batteries and thus, it is widely used where accessibility of batteries is restricted or battery usage is not endorsed. Soaring demand for new and advanced sensors to maintain and checking food quality and safety encourages the development of new technologies for providing a discreet sensor form, minimal sensor cost, and battery-free operation. This growing demand for advanced and novel food quality monitoring systems is fuelling the growth of the battery free RFID sensors market. Additionally, this factor is expected to propel growth over the forecast period that is expected to create better opportunities for battery-free RFID sensor manufacturers over the forecast years.
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Based on the frequency, the battery free RFID sensor market is segmented into low frequency, high frequency and NFC, and ultra-high frequency. Based on the application, the market is segmented into food quality monitoring, supply chain management, condition monitoring, structural health monitoring, and others. Based on the end-use industry, the market is segmented into automotive, aerospace & defense, commercial, food, logistics, and others.
Based on the region, the battery free RFID sensor market is segmented into North America, Western Europe, Latin America, Eastern Europe, China, Japan, South East Asia (SEA) & Pacific, and the Middle East & Africa (MEA). Of these, North America is expected to account for the leading share in the global battery free RFID sensor market and is expected to remain dominant over the forecast period. However, Asia Pacific is expected to expand with faster CAGR over the forecast period in the global battery free RFID sensor market. This growth is attributable to the growing demand for advanced defense equipment and this demand is leading to investing more in the research and development for catering the advanced defense equipment.
Some of the players operating in the global battery free RFID sensor market are Microsemi Corporation, ON Semiconductor, Powercast Corporation, PHASE IV Engineering, Inc., Inductosense Ltd., and Texas Instruments Incorporated.
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