Industry Experts – Market Research Reports

Industry Experts caters the market research needs of a broad range of industry verticals comprising Automotive, Healthcare, Food & Beverage, Telecom & Internet, Chemicals & Plastics, Biotechnology and Consumer Goods. The company also provides customized market research and industry analysis services for a wide range of industry sectors.

13 Feb

UHF Components to Lead Demand Growth for Global RFID Market to Reach $35 Billion by 2024 – The New Market Report (2018-2024) by Industry Experts, Inc.

Posted in General Reports, News on 13.02.19 by IE Admin

Industry Experts, Inc. introduced the new market research report “Global RFID Market – Readers, Tags and Software“. The report reveals that the Ultra-High Frequency segment is projected to be the fastest growing market with a CAGR of 14.6% between 2018 and 2024, globally.

The growth of the RFID market is predominantly driven by the rising need for efficient supply chain management in the developing economies of China, South East Asia & others in Asia, Middle East & Africa. In Logistics & Transportation and Healthcare & Medical sectors, the focus on RFID technology for the tracking and classification of travel & shipping and medical instruments is rising, and this is expected to drive the demand for the technology.

global rfid market

RFID product components analyzed in this report comprise Tags, Readers and Middleware & Software. RFID Tags remain the largest product type within the RFID market, reaching a projected US$17 billion by 2024 from an estimated US$8.2 billion in 2018, during the 2018-2024 analysis period. The global market for Frequency types studied in this report include Low Frequency, High Frequency and Ultra High Frequency. The report also explores the global market for major applications of RFID including Automotive, Financial Services, Healthcare & Medical, Logistics & Transportation, Agriculture-Farming & Livestock, Manufacturing, Retail and Other.

The report reviews, analyses and projects the RFID market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2015-2024 in terms of value in USD. These regional markets further analyzed for 13 independent countries across North America – the United States, Canada and Mexico; Europe – Germany, the United Kingdom, France and Italy; Asia-Pacific – China, India, Japan and South Korea; and South America – Brazil and Argentina.

This 338 page global market report on RFID includes 174 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region, product type, frequency type and application. This report includes the brief business profiles of 28 key global players and 47 major players across the North America – 31; Europe – 9; and Asia-Pacific – 7. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of RFID equipment. The global list of companies covers addresses, contact numbers and the website addresses of 295 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit http://industry-experts.com/verticals/other-reports/global-rfid-market-readers-tags-and-software

tags: , , , , , ,

No Comments »

03 Apr

Retail and Healthcare Sectors Leads RFID Market Growth to Reach $24.3 billion by 2020

Posted in General Reports, News on 03.04.15 by IE Admin

Industry Experts has today released the new market research report on RFID. As per the new global report ‘Global RFID Market – Readers, Tags, Software and Services‘, Software & Middleware is expected to be the fastest grwoing RFID product segment with a 2014-2020 CAGR of 22% to reach a market worth US$7.9 billion by 2020. RFID Tags estimated to be the largest segment with 2015 market reaching to US$4 billion.

The early 2000s saw the emergence of RFID as the best technology not only in the supply chain but also in a host of other areas. This led several organizations to investing in research and development projects for deriving the maximum benefit as promised by RFID, with a few succeeding and many others failing. The buildup surrounding RFID began to wane and reached a stage wherein the previous proponents of this technology started adopting a wait and watch strategy in the anticipation that RFID would eventually address the demands required of it.

Retail, healthcare and manufacturing constitute some of the most rapidly expanding sectors that would be instrumental in propelling demand for RFID technology in the years to come. While the general consensus among experts has been a surfeit of RFID adoption across the board, the actual scenario has been one of a bit slow and steady growth. Coupled with wider adoption rates, the factor of innovative technologies will play a major role in making RFID more reliable and cost-effective for a host of application areas.

The global markets for the above mentioned RFID product segments and the application areas are analyzed in terms of value in USD. Automobile constitutes the largest end use sector with an estimated US$3.5 million in 2015 while Healthcare & Medical is projected to be the fastest growing end use sector with 2014-2020 CAGR of 21% to touch US$620 million by 2020. The global market for RFID is estimated to be US$10.4 billion in 2015.

RFID product segments analyzed in this report include RFID Tags, RFID Readers, RFID Software & Middleware and Services. The report also analyzes the RFID applications areas comprising Automotive/Transportation, Finance, Healthcare & Medical, Land- Sea & Postal Logistics, Livestock Tracking & Farming, Manufacturing, Retail and Other Applications. The report reviews, analyses and projects the global market for RFID product segments and end-use applications areas for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World. The regional markets further analyzed for 14 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy and the United Kingdom; Asia-Pacific – Australia, China, India, Japan and South Korea; and South America – Argentina and Brazil.

This 481 page market research report includes 231 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 35 key global players and 37 major players across North America – 22; Europe – 8; and Asia-Pacific – 7. The research also provides the listing of the companies engaged in research and development, manufacturing and supply of RFID products and services. The global list of companies covers addresses, contact numbers and the website addresses of 326 companies.

Hyderabad, India based Industry Experts is a multi industry focused business information provider.

For more details, please visit http://industry-experts.com/verticals/other-reports/global-rfid-market-readers-tags-software-and-services

tags: , , , , , ,

No Comments »