An extensive study of the product application and services conducted by subject matter experts assessing the global Radio Frequency Identification (RFID) market will help product owners to make a wise decision.
New York, NY -- (SBWIRE) -- 05/28/2019 -- Summary:
RFID is one of the emerging and continuously growing technologies used for security applications, specifically for safety tracking of devices, products and components in the retail, transportation, agriculture and medical industries, as well as many others. The largest user of RFID technologies is the transportation/logistics industry, where these identification systems are deployed in supply chains to help track shipments from the production floor to final destinations. In the healthcare industry, RFID growth is driven by applications that involve patient health monitoring, diagnostics, patient identification and scheduling of medication, among others. Identification/security and e-payments applications are expected to account for the highest market share because governments in the North American region are regulating the use of RFID technology in these application sectors, and this trend is expected to remain the same during the forecast period.
The manufacturers covered in this report
ACTIVE NETWORKS /IPICO, ALIEN TECHNOLOGY LLC, ALLFLEX USA INC., APPLIED WIRELESS , IDENTIFICATIONS GROUP INC. ("AWID"), ASCENDENT ID, AVANTE INTERNATIONAL , TECHNOLOGY INC., AVERY DENNISON CORP., BIOMARK INC., CENTRAK RTLS (AWAREPOINT CORP.), CHECKPOINT SYSTEMS INC., DATALOGIC SPA, DATAMARS INC., EXAVERA TECHNOLOGIES INC., GLOBERANGER CORP. (A FUJITSU COMPANY), HONEYWELL SCANNING & , MOBILITY, I.D. SYSTEMS, IER INC., INFORMATION MEDIARY CORP., LIBRAMATION INC., NXP SEMICONDUCTORS, OATSYSTEMS INC., POLYIC GMBH & CO. KG, QUAKE GLOBAL, SENSORMATIC (TYCO), SONY CORP., TEXAS INSTRUMENTS, ZEBRA TECHNOLOGIES CORP.
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The mature markets such as U.S. and Canada in the North American are the early adopters of RFID technology in retail and logistics industry. Moreover, U.S. is the most dominating market in the region and is expected to boost the RFID technology implementation owing to the increased use of IoT, NFC and connected ecosystems in the country during the forecast period.
The extensive examination of the global business environment provides a detailed analysis of the key driving forces and challenges with the aim to give the stakeholders, business owners, and filed marketing executives a competitive advantage over others. The study further probes into prominent challenges, technology advancements, current trends and lucrative avenues often considered as the boosting elements for the Radio Frequency Identification (RFID) market for the forecast period, 2019 – 2023
Report Scope:
This report addresses the need for an objective, quantitative analysis covering emerging RFID technologies in the context of the North American RFID market. The report provides a snapshot of the North American RFID market and the share of principal applications and end-use industries that constitute it. It also provides an overview of RFID technologies (tags, printers/encoders and software).
In market segmentation by Region, the report covers:
- North America
- China
- Europe
- Southeast Asia
- Japan
- India
Market split by Application, can be divided into:
- Agriculture
- Mining
- Manufacturing
- Healthcare
- Transportation and Logistics
- Retail/Personal Services
- Government/Military
- Consumers
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The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies. The research is one of its kind global analyses of aspects such as import and export status, supply chain management, profit and gross margin worldwide for the forecast period 2019 - 2026. Extensive coverage of statistics associated with recent events including acquisition and mergers and strengths and weaknesses of a company forms an important part of the study on the Radio Frequency Identification (RFID) market.
Report Includes:
- An overview of North American RFID technology market
- Comparison of the characteristics of RFID and bar-code technologies
- Description of RFID technologies such as tags, printers/encoders and software
- Evaluation of application of RFID technologies in identification/security, e-payments, material handling/logistics, asset tracking and military
- Detailed profile of major companies of the industry, including Alien Technology LLC, Biomark Inc., CenTraK RTLS (Awarepoint Corp.), Datalogic SpA., Honeywell Scanning & Mobility, I.D. Systems and Zebra Technologies Corp.
Read more about report @ https://www.marketexpertz.com/industry-overview/rfid-technologies-applications-and-north-american-market
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