Radio Frequency Identification (RFID) Market to Record a CAGR of 10.39%, Industrial to be Largest Revenue-generating End-user Segment - Technavio

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- RFID technology uses radio frequency in a specific spectrum to communicate information, which is mostly one-way communication. A basic RFID solution includes an RFID reader, an RFID tag, and middleware.

The radio frequency identification (RFID) market size is expected to grow by USD 8.88 bn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 10.39% during the forecast period.

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Radio Frequency Identification (RFID) Market 2022-2026: Scope

The radio frequency identification (RFID) market report covers the following areas:

• Radio Frequency Identification (RFID) Market Size
• Radio Frequency Identification (RFID) Market Trends
• Radio Frequency Identification (RFID) Market Industry Analysis

Radio Frequency Identification (RFID) Market 2022-2026: Segmentation

• End-user
• Industrial: The industrial segment will contribute the highest market share growth during the forecast period. In the manufacturing process, incorporating RFID middleware helps in understanding and tracking the movement of semi-finished goods. The increasing applications of RFID in the industrial processes during the forecast period will drive the growth of this segment.
• BFSI
• Retail
• Logistics
• Others
• Geography
• North America: North America will account for 40% of the market's growth during the forecast period. The growth of this segment is driven by factors such as the growth of the industrial manufacturing landscape across the region. Moreover, market growth in this region will be faster than the growth of the market in other regions. China and Japan are the key countries in the radio frequency identification (RFID) market in APAC.
• APAC
• Europe
• South America
• Middle East And Africa
• Product
• RFID Tags
• Middleware
• Passive RFID Systems
• Active RFID Systems

Radio Frequency Identification (RFID) Market 2022-2026: Segmentation

The radio frequency identification (RFID) market is fragmented, and the vendors are deploying growth strategies such as trying to expand the scope of their offerings and allowing an increase in customization to compete in the market. Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., CipherLab Co. Ltd., CoreRFID Ltd., Datalogic Spa, eAgile Inc., FEIG ELECTRONIC GmbH, Fujitsu Ltd., GAO RFID Inc., Honeywell International Inc., Impinj Inc., Mojix Inc., Nedap NV, NXP Semiconductors NV, RFID4U, Siemens AG, SATO Holdings Corp., Unitech Electronics Co. Ltd., and Zebra Technologies Corp. are among some of the major market participants.

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Radio Frequency Identification (RFID) Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist radio frequency identification (RFID) market growth during the next five years
• Estimation of the radio frequency identification (RFID) market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the radio frequency identification (RFID) market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of radio frequency identification (RFID) market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 25: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 26: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user
• Exhibit 27: Chart on Comparison by End-user
• Exhibit 28: Data Table on Comparison by End-user

• 5.3 Industrial - Market size and forecast 2021-2026
• Exhibit 29: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Chart on Industrial - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Industrial - Year-over-year growth 2021-2026 (%)

• 5.4 BFSI - Market size and forecast 2021-2026
• Exhibit 33: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
• Exhibit 35: Chart on BFSI - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on BFSI - Year-over-year growth 2021-2026 (%)

• 5.5 Retail - Market size and forecast 2021-2026
• Exhibit 37: Chart on Retail - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
• Exhibit 39: Chart on Retail - Year-over-year growth 2021-2026 (%)
• Exhibit 40: Data Table on Retail - Year-over-year growth 2021-2026 (%)

• 5.6 Logistics - Market size and forecast 2021-2026
• Exhibit 41: Chart on Logistics - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Data Table on Logistics - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Chart on Logistics - Year-over-year growth 2021-2026 (%)
• Exhibit 44: Data Table on Logistics - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user
• Exhibit 49: Market opportunity by End-user ($ million)

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 50: Chart on Product - Market share 2021-2026 (%)
• Exhibit 51: Data Table on Product - Market share 2021-2026 (%)

• 6.2 Comparison by Product
• Exhibit 52: Chart on Comparison by Product
• Exhibit 53: Data Table on Comparison by Product

• 6.3 RFID tags - Market size and forecast 2021-2026
• Exhibit 54: Chart on RFID tags - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on RFID tags - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on RFID tags - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on RFID tags - Year-over-year growth 2021-2026 (%)

• 6.4 Middleware - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middleware - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middleware - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middleware - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middleware - Year-over-year growth 2021-2026 (%)

• 6.5 Passive RFID systems - Market size and forecast 2021-2026
• Exhibit 62: Chart on Passive RFID systems - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Passive RFID systems - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Passive RFID systems - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Passive RFID systems - Year-over-year growth 2021-2026 (%)

• 6.6 Active RFID systems - Market size and forecast 2021-2026
• Exhibit 66: Chart on Active RFID systems - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Active RFID systems - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Active RFID systems - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Active RFID systems - Year-over-year growth 2021-2026 (%)

• 6.7 Market opportunity by Product
• Exhibit 70: Market opportunity by Product ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview
• Exhibit 71: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation
• Exhibit 72: Chart on Market share by geography 2021-2026 (%)
• Exhibit 73: Data Table on Market share by geography 2021-2026 (%)

• 8.2 Geographic comparison
• Exhibit 74: Chart on Geographic comparison
• Exhibit 75: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2021-2026
• Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 8.4 APAC - Market size and forecast 2021-2026
• Exhibit 80: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 81: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 82: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 83: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 8.5 Europe - Market size and forecast 2021-2026
• Exhibit 84: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 85: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 86: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 87: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 8.6 South America - Market size and forecast 2021-2026
• Exhibit 88: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 89: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 90: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 91: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 8.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 92: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 93: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 94: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 95: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 8.8 US - Market size and forecast 2021-2026
• Exhibit 96: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 97: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 98: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 99: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.9 China - Market size and forecast 2021-2026
• Exhibit 100: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 101: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 102: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 103: Data Table on China - Year-over-year growth 2021-2026 (%)

• 8.10 Japan - Market size and forecast 2021-2026
• Exhibit 104: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 105: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 106: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 107: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 8.11 Canada - Market size and forecast 2021-2026
• Exhibit 108: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 109: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 110: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 111: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 8.12 Mexico - Market size and forecast 2021-2026
• Exhibit 112: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
• Exhibit 113: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
• Exhibit 114: Chart on Mexico - Year-over-year growth 2021-2026 (%)
• Exhibit 115: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

• 8.13 Germany - Market size and forecast 2021-2026
• Exhibit 116: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 117: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 118: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 119: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 8.14 Market opportunity by geography
• Exhibit 120: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges
• Exhibit 121: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 123: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 124: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 125: Vendors covered

• 11.2 Market positioning of vendors
• Exhibit 126: Matrix on vendor position and classification

• 11.3 Alien Technology LLC
• Exhibit 127: Alien Technology LLC - Overview
• Exhibit 128: Alien Technology LLC - Product / Service
• Exhibit 129: Alien Technology LLC - Key offerings

• 11.4 CoreRFID Ltd.
• Exhibit 130: CoreRFID Ltd. - Overview
• Exhibit 131: CoreRFID Ltd. - Product / Service
• Exhibit 132: CoreRFID Ltd. - Key offerings

• 11.5 Datalogic Spa
• Exhibit 133: Datalogic Spa - Overview
• Exhibit 134: Datalogic Spa - Business segments
• Exhibit 135: Datalogic Spa - Key news
• Exhibit 136: Datalogic Spa - Key offerings
• Exhibit 137: Datalogic Spa - Segment focus

• 11.6 eAgile Inc.
• Exhibit 138: eAgile Inc. - Overview
• Exhibit 139: eAgile Inc. - Product / Service
• Exhibit 140: eAgile Inc. - Key offerings

• 11.7 Honeywell International Inc.
• Exhibit 141: Honeywell International Inc. - Overview
• Exhibit 142: Honeywell International Inc. - Business segments
• Exhibit 143: Honeywell International Inc. - Key news
• Exhibit 144: Honeywell International Inc. - Key offerings
• Exhibit 145: Honeywell International Inc. - Segment focus

• 11.8 Impinj Inc.
• Exhibit 146: Impinj Inc. - Overview
• Exhibit 147: Impinj Inc. - Product / Service
• Exhibit 148: Impinj Inc. - Key offerings

• 11.9 Mojix Inc.
• Exhibit 149: Mojix Inc. - Overview
• Exhibit 150: Mojix Inc. - Product / Service
• Exhibit 151: Mojix Inc. - Key offerings

• 11.10 NXP Semiconductors NV
• Exhibit 152: NXP Semiconductors NV - Overview
• Exhibit 153: NXP Semiconductors NV - Product / Service
• Exhibit 154: NXP Semiconductors NV - Key news
• Exhibit 155: NXP Semiconductors NV - Key offerings

• 11.11 Siemens AG
• Exhibit 156: Siemens AG - Overview
• Exhibit 157: Siemens AG - Business segments
• Exhibit 158: Siemens AG - Key news
• Exhibit 159: Siemens AG - Key offerings
• Exhibit 160: Siemens AG - Segment focus

• 11.12 Zebra Technologies Corp.
• Exhibit 161: Zebra Technologies Corp. - Overview
• Exhibit 162: Zebra Technologies Corp. - Business segments
• Exhibit 163: Zebra Technologies Corp. - Key news
• Exhibit 164: Zebra Technologies Corp. - Key offerings
• Exhibit 165: Zebra Technologies Corp. - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 12.3 Currency conversion rates for US$
• Exhibit 168: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 12.5 List of abbreviations
• Exhibit 172: List of abbreviations

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