RFID is a technology alike to bar codes as the
RFID Sensor is an automatic
identification technology, which utilizes radio frequency electromagnetic
fields to recognize the objects carrying tags. Whereas, the RFID tags is not
demanded to be scanned directly nor does it demand line-of-sight to a reader.
The RFID tags must be within the variety of an RFID reader, which choices from
3 to 300 feet, to be read. Such tags have a broad field of the application in
the retail, protection authentication, transportation and aerospace.
Not only has this, such tags are utilized to
store the product information electronically and also can be analyzed the
object from the distance. The radio-frequency identification is the radio waves
which are positively used for the reading and capturing the information that is
stored on a tag attached to an object. According to the report analysis, ‘Global Radio Frequency
Identification Market Size study, by Products (Tags, Readers and Software), by
Tags (200mm, 300mm and Others) by Tag Type (Passive RFID and Active RFID) by
Frequency (Low Frequency, High Frequency, Ultra-High Frequency and Active
Ultra-High Frequency) and by Application (Agriculture, Commercial,
Transportation, Healthcare, Logistic and Supply Chain, Aerospace, Defense,
Retail, Security and Access Control and Sports ) By Form Factor (Button, Card,
Implants, Key Fob, Label, Paper Tickets, Wristband and Others) By Material
(Plastic, Paper, Metal, Glass and others) and Others and Regional Forecasts
2018-2025’ states that in the worldwide radio frequency
identification market there are several companies which recently working for
leading the fastest market growth and registering the great value of market
share around the globe during the short span of time while increasing the
applications of such, decreasing the cost, advancing the technologies of RFID
and spreading the awareness related to applications of such includes Alien
Technology, Applied Wireless RFID, Avery Dennison, Caen RFID, Checkpoint
Systems, GAO RFID, Globeranger, Impinj, Invengo, Mojix, Motorola, Nedap, NXP
Semiconductors, Smartrac Technology, Thingmagic and several others.
The effective growth
in the installation of Radio frequency identification (RFID) in retail
and manufacturing units for productivity and security enhancement is expected
to impel the market. According to India brand equity Foundation (IBEF), India's
retail market is probable to augment by 60% and to reach 1.1 trillion USD in
2020. Additionally, According to the U.S retail industry in 2015 United States
retail segment marked 50% larger share than China. The effective growth in the retail
sector worldwide is predicted to propel the RFID market.
Based on the region,
the market of radio frequency identification is spread around the globe which
majorly involves Asia Pacific, North America, Europe, Latin America and the
Rest of the World. North America is an important market region for the global
Radio frequency identification market in terms of market revenue share. Aspects
such as augmenting acceptance of (RFID) in the retail and healthcare sector, growth
in the government initiatives and support for the implementation of radio
frequency identification services are encouraging North America radio frequency
identification market growth. Therefore, in the coming years, it is anticipated
that the market of radio frequency identification will increase around the
globe over the near future more progressively.
For more
information on the research report, refer to below link:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
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