Pune, 14, April, 2023: As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Chipless RFID Market” was USD 1.48 Bn in 2022 and is expected to grow at a CAGR of 29 percent over the forecast period to reach USD 8.80 Bn by 2029
Chipless RFID Market Report Scope and Research Methodology
The report provides an in-depth overview of the Chipless RFID industry including both quantitative and qualitative information, which has been found by using primary and secondary research methods. The collected data for the Chipless RFID market report was combined to make the report authentic and error-free. It includes the forecast of the global market with the profiles of Chipless RFID key companies along with their SWOT analysis and market strategies. It provides a detailed analysis of mergers and acquisitions, investments in the Chipless RFID in the market, demand and supply chain. The report covers the analysis and forecast of all the regions and major countries globally with the current trends and Chipless RFID market dynamics including drivers, restraints, challenges and opportunities prevailing in the regions. To estimate the global and regional Chipless RFID market size, the bottom-up approach was used.
Chipless RFID Market Dynamics
The market is driven by its features such as high accuracy, low manufacturing cost and more functions compared to other alternatives. The market is also driven by the increasing demand for chipless RFID tags in the healthcare and banking sectors. The increasing shift of retailers toward chipless RFID is expected to create various growth opportunities for the market.
The risk of information breaches is expected to hamper the Chipless RFID Market growth during the forecast period. The high capital investment is also the major restraint for the growth of the market during the forecast period.
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Chipless RFID Market Regional Insights
The North America region dominates the global Chipless RFID Market due to the main retailers such as Walmart implementing Chipless RFID technology in their supply chains.
The Chipless RFID Market in the Asia Pacific region is expected to grow at a high rate during the forecast period. The market growth is driven by the increasing adoption of Chipless RFID in developing countries such as China and India.
Chipless RFID Market Segmentation
By Product Type
- Tag
- Reader
- Middleware
By Application
- Smart Cards
- Smart Tickets
- Other
By End-user Industry
- Healthcare
- Retail
- Logistics and Transportation
- BFSI
- Other
Chipless RFID Key Competitors include:
- Alien Technology, LLC.
- Applied Wireless, Inc.,
- Avery Dennison Corporation,
- Checkpoint Systems, Inc.,
- iDTRONIC GmbH
- Impinj
- Zebra Technologies Corporation
- Xerox Corporation
- Thin Film Electronics ASA
- Spectra Systems
- Smiths Detection
- Tag Sense Inc.
- Politronica Inkjet Printing S.r.l.
- Molex Inc.
- Honeywell International Inc.
- NXP Semiconductors N.V.
- Invengo Technology Pte. Ltd.
- Sato vicinity pty ltd.,
- Caen rfid s.r.l.,
- Zih corp,
- GlobeRanger,
Table of Content for Chipless RFID Market
- Global Chipless RFID Market: Research Methodology
- Global Chipless RFID Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Chipless RFID Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Chipless RFID Market Segmentation
- Global Market, by Product Type (2021-2029)
- Global Market, by Application (2021-2029)
- Global Market, by End-Use Industry (2021-2029)
- Regional Chipless RFID Market (2021-2029)
- Regional Market, by Product Type (2021-2029)
- Regional Market, by Application (2021-2029)
- Regional Market, by End-Use Industry (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key questions answered in the Chipless RFID Market are:
- What is Chipless RFID?
- What was the Chipless RFID Market size in 2021?
- What is the expected Chipless RFID Market size by the end of the forecast period?
- What are the Chipless RFID Market segments?
- Which segment of the Chipless RFID Market is expected to grow at a high rate?
- What are the global trends in the Chipless RFID Market?
- What growth strategies are the players considering to increase their presence in Chipless RFID?
- Who are the leading companies and what are their portfolios in Chipless RFID Market?
- What are the major challenges that the Chipless RFID Market could face in the future?
- Who held the largest Chipless RFID market share?
- Which regional Chipless RFID market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product Type, Application, End-User Industry and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical Film Type, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Film Types and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Film Typeion and demand analysis, and client impact studies.
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