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RFID Readers Market, By Product Type (Handheld RFID Readers and Fixed RFID Readers); By End-use Industry (Apparel & Retail, Transportation & Logistics, Industrial Manufacturing, Automotive and Others) Market Growth, Future Prospects, Post COVID-19 Scenario 2021 - 2028

 Report Code
 Category
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MNR-1522
Electronic Parts
06 August 2021
128
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Radio frequency identification (RFID) reader is a device used for gathering information from different RFID tags that are attached to various objects or products. This RFID tags contains detailed information about the products and RIFD readers are used for reading this information. The RFID reader uses radio frequency and its antenna emits various radio waves for transferring data which is tracked or identified with the help of various RFID tags. Apart from this, the RFID readers need to be tuned to different  frequencies, i.e. from low frequency (125 or 134 kHz) to high frequency (13.56 MHz) to ultra-high spectrum (865 to 868 MHz) as that of RFID tags. RFID tags contain microchips, which helps  in storing product associated data that can be read by any reader for  product validation and identification purpose. On the other hand, the software modules gather, stores and manages this RFID data onto a server, which can be further viewed and accessed by any authorized user over the internet. Moreover, RFID readers are available in various forms such as handheld RFID readers and fixed RFID readers. These readers can be affixed at a stationary position in different factories, stores, and it can also be integrated in electronic equipments such as mobile devices, vehicles or other handheld scanners.
 
In addition, rising capabilities of reading data form long distance and increasing high security requirement in different applications is driving the growth of global RFID readers market. Moreover, utilization of RFID readers in different end-user industries such as apparel & retail, transportation & logistics, industrial manufacturing and automotive, etc., in which apparel & retail sector is expected to have largest market share. Also, rising adoption of RFID sensors in retail sector, manufacturing industry, security, and location tracking is also anticipated to drive the RFID readers market in the coming years. Apart from this, RFID solutions are also used by various businesses for tracking the inventory, robust security and in inventory management, which will drive the growth of the market in the forecast period.

The RFID readers market is split into wide number of RFID solutions manufacturers who provides ultrahigh frequency RFID products across the world. Major players in the global RFID readers market are Honeywell International Inc., Impinj, Inc., Zebra Technologies Corporation, Invengo Technology Pte. Ltd., Technology Solutions (UK) Ltd., Alien Technology, LLC., GAO RFID, Inc., CipherLab Co., Ltd., Datalogic S.p.A. and Xerox Corporation.
 
Global RFID Readers Market, By Product Type
Based on product type, RFID readers market is segmented into the following:
  • Handheld RFID Readers
  • Fixed RFID Readers
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

RFID Readers Value Share, By Component, 2019 & 2028(% Value)

 
In 2020, the handheld RFID readers segment led the overall RFID readers market in terms of valuation accounting for over 68% of the global market. The handheld RFID readers are used in different sectors such as warehouses, offline stores, retail sectors, transportation and other industrial segments.

Moreover, pharmaceutical and healthcare industry is also using RFID technology to great extent and hence may show prominent growth in the RFID readers market during the forecast period. The RFID readers are cost-effective and due to the  low cost of handheld RFID readers, its installation is being more prevalent among people instead of fixed RFID readers which are higher in cost. Moreover, handheld RFID readers are widely used in inventory management solution, as it helps to track the product’s detailed information. In addition, the RFID tags are widely used in various applications such as vehicle tagging, asset tracking, and manufacturing equipment, among others. .
 
Global RFID Readers Market, By End-use Industry
Based on end-use industry, the RFID readers market is segmented into the following:
  • Apparel & Retail
  • Transportation & Logistics
  • Industrial Manufacturing
  • Automotive
  • Others
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

RFID Readers Value Share, By Application, 2019 & 2028(% Value)

 
In 2020, the apparel & retail segment led the overall RFID readers market in terms of market value. Focus on  investment is being done by RFID providers to develop various cost effective RFID solutions which can provide high returns and feasible solutions for different applications. The high frequency RFID tags and readers are widely used among different end-use industry due to its faster detection feature, standardized technology, long detection range, wide application area and large memory storage. Apart from this, the rising demand from several merchandise and retail outlets for RFID tags and its readers for apparels, which ensures the effective inventory management solution.

Moreover, UHF(ultra-high frequency) RFID readers support multiple tags reading at a single time and can be utilized in different applications, mainly in retail and hence is expected to have high demand as compared to others. Therefore,  UHF segment is expected to  show high growth in the forecast period.
 
Global RFID Readers Market, By Geography
Based on geography, the RFID readers market is segmented into following:
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
Below graph provides a comparative analysis of the value contribution for each of the segment for the years 2020 and 2028:

RFID Readers Value Share, By Region, 2019 & 2028(% Value)

 
In 2020, Asia Pacific held the largest share in the RFID readers market owing to rising retail and industrial sector in the region and high adoption of IT systems and RFID technology across the Asia Pacific region. Apart from this, there is a rise in manufacturing capacity across different industrial sector which also aims to increase the demand for RFID readers.  Rising government programs in various developing countries such as China, Japan, India and other countries in Asia Pacific for different personnel identification and security is helping in prevailing the adoption of RFID readers. Moreover, RFID readers are also used in other applications such as pharmaceutical and healthcare industries, and inventory management systems, among others.
North America and Europe are  also expected to show largest share in the RFID readers market in terms of market value.

Chapter 1    Preface
        1.1    Report Description
                1.1.1    Aim of the Report
                1.1.2    Report Target Audience
                1.1.3    Report Offering
        1.2    Research Scope
        1.3    Research Methodology
                1.3.1    Phase I – Secondary Research
                1.3.2    Phase II – Primary Research
                1.3.3    Phase III – Expert Panel Review
                1.3.4    Assumptions
                1.3.5    Top-Down and Bottom-Up Approach

Chapter 2    Executive Summary
        2.1    Market Snapshot: Global RFID Readers Market
        2.2    Global RFID Readers Market, By Product Type
        2.3    Global RFID Readers Market, By End-use Industry
        2.4    Global RFID Readers Market, By Geography

Chapter 3    Market Dynamics
        3.1    Product and Market Insights
                3.1.1    Global RFID Readers Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
        3.2    Market Dynamics
                3.2.1    Growth Drivers
                3.2.2    Market Restraints
                3.2.3    Impact Analysis of Drivers and Restraints
                3.2.4    COVID-19 Impact
        3.3    Attractive Investment Proposition
        3.4    Competitive Analysis
                3.4.1    Competitive Landscape in the RFID Readers Market

Chapter 4    Global RFID Readers Market Analysis, By Product Type
        4.1    Overview
        4.2    Handheld RFID Readers
                4.2.1    Global Handheld RFID Readers Market Value, 2018 – 2028, (US$ Mn)
        4.3    Fixed RFID Readers
                4.3.1    Global Fixed RFID Readers Market Value, 2018 – 2028, (US$ Mn)

Chapter 5    Global RFID Readers Market Analysis, By End-use Industry
        5.1    Overview
        5.2    Apparel & Retail
                5.2.1    Global RFID Readers Market Value for Apparel & Retail, 2018 – 2028, (US$ Mn)
        5.3    Transportation & Logistics
                5.3.1    Global RFID Readers Market Value for Transportation & Logistics, 2018 – 2028, (US$ Mn)
        5.4    Industrial Manufacturing
                5.4.1    Global RFID Readers Market Value for Industrial Manufacturing, 2018 – 2028, (US$ Mn)
        5.5    Automotive
                5.5.1    Global RFID Readers Market Value for Automotive, 2018 – 2028, (US$ Mn)
        5.6    Others
                5.6.1    Global RFID Readers Market Value for Others, 2018 – 2028, (US$ Mn)

Chapter 6    North America RFID Readers Market Analysis
        6.1    Overview
        6.2    North America RFID Readers Market Analysis, By Product Type, 2018 – 2028
                6.2.1    Market Analysis
        6.3    North America RFID Readers Market Analysis, By End-use Industry, 2018 – 2028
                6.3.1    Market Analysis
        6.4    North America RFID Readers Market Analysis, By Country, 2018 – 2028
                6.4.1    Market Analysis
                6.4.2    U.S.
                6.4.3    Canada

Chapter 7    Europe RFID Readers Market Analysis
        7.1    Overview
        7.2    Europe RFID Readers Market Analysis, By Product Type, 2018 – 2028
                7.2.1    Market Analysis
        7.3    Europe RFID Readers Market Analysis, By End-use Industry, 2018 – 2028
                7.3.1    Market Analysis
        7.4    Europe RFID Readers Market Analysis, By Country, 2018 – 2028
                7.4.1    Market Analysis
                7.4.2    UK
                7.4.3    Germany
                7.4.4    France
                7.4.5    Rest of Europe

Chapter 8    Asia Pacific RFID Readers Market Analysis
        8.1    Overview
        8.2    Asia Pacific RFID Readers Market Analysis, By Product Type, 2018 – 2028
                8.2.1    Market Analysis
        8.3    Asia Pacific RFID Readers Market Analysis, By End-use Industry, 2018 – 2028
                8.3.1    Market Analysis
        8.4    Asia Pacific RFID Readers Market Analysis, By Country, 2018 – 2028
                8.4.1    Market Analysis
                8.4.2    China
                8.4.3    Japan
                8.4.4    India
                8.4.5    Rest of Asia Pacific

Chapter 9    Latin America RFID Readers Market Analysis
        9.1    Overview
        9.2    Latin America RFID Readers Market Analysis, By Product Type, 2018 – 2028
                9.2.1    Market Analysis
        9.3    Latin America RFID Readers Market Analysis, By End-use Industry, 2018 – 2028
                9.3.1    Market Analysis
        9.4    Latin America RFID Readers Market Analysis, By Country, 2018 – 2028
                9.4.1    Market Analysis
                9.4.2    Mexico
                9.4.3    Brazil
                9.4.4    Rest of Latin America

Chapter 10    Middle East and Africa (MEA) RFID Readers Market Analysis
        10.1    Overview
        10.2    MEA RFID Readers Market Analysis, By Product Type, 2018 – 2028
                10.2.1    Market Analysis
        10.3    MEA RFID Readers Market Analysis, By End-use Industry, 2018 – 2028
                10.3.1    Market Analysis
        10.4    MEA RFID Readers Market Analysis, By Country, 2018 – 2028
                10.4.1    Market Analysis
                10.4.2    GCC Countries
                10.4.3    South Africa
                10.4.4    Rest of MEA

Chapter 11    Company Profiles
        11.1    Honeywell International Inc.
                11.1.1    Honeywell International Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.2    Impinj, Inc.
                11.2.1    Impinj, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.3    Zebra Technologies Corporation
                11.3.1    Zebra Technologies Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.4    Invengo Technology Pte. Ltd.
                11.4.1    Invengo Technology Pte. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.5    Technology Solutions (UK) Ltd.
                11.5.1    Technology Solutions (UK) Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.6    Alien Technology, LLC.
                11.6.1    Alien Technology, LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.7    GAO RFID, Inc.
                11.7.1    GAO RFID, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.8    CipherLab Co., Ltd.
                11.8.1    CipherLab Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.9    Datalogic S.p.A.
                11.9.1    Datalogic S.p.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
        11.10    Xerox Corporation
                11.10.1    Xerox Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)

 

List of Figures



FIG. 1    Global RFID Readers Market: Research Methodology
FIG. 2    Top-Down and Bottom Up Approach
FIG. 3    Global RFID Readers Market, By Product Type, 2020 (US$ Mn)
FIG. 4    Global RFID Readers Market, By End-use Industry, 2020 (US$ Mn)
FIG. 5    Global RFID Readers Market, By Geography, 2020 (US$ Mn)
FIG. 6    Global RFID Readers Market Value and Growth, 2018 – 2028, (US$ Mn) (Y-o-Y %)
FIG. 7    Attractive Investment Proposition
FIG. 8    Market Positioning of Key RFID Readers Providers, 2020
FIG. 9    Global RFID Readers Market Value Share, By Product Type, 2020 & 2028 (% Value)
FIG. 10    Global Handheld RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 11    Global Fixed RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 12    Global RFID Readers Market Value Share, By End-use Industry, 2020 & 2028 (% Value)
FIG. 13    Global RFID Readers Market Value for Apparel & Retail, 2018 – 2028, (US$ Mn)
FIG. 14    Global RFID Readers Market Value for Transportation & Logistics, 2018 – 2028, (US$ Mn)
FIG. 15    Global RFID Readers Market Value for Industrial Manufacturing, 2018 – 2028, (US$ Mn)
FIG. 16    Global RFID Readers Market Value for Automotive, 2018 – 2028, (US$ Mn)
FIG. 17    Global RFID Readers Market Value for Others, 2018 – 2028, (US$ Mn)
FIG. 18    U.S. RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 19    Canada RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 20    UK RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 21    Germany RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 22    France RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 23    Rest of Europe RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 24    China RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 25    Japan RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 26    India RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 27    Rest of Asia Pacific RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 28    Mexico RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 29    Brazil RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 30    Rest of Latin America RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 31    GCC Countries RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 32    South Africa RFID Readers Market Value, 2018 – 2028, (US$ Mn)
FIG. 33    Rest of MEA RFID Readers Market Value, 2018 – 2028, (US$ Mn)

 

List of Tables



TABLE 1        Market Snapshot: Global RFID Readers Market
TABLE 2        Impact Pointers
TABLE 3        Impact Analysis of Drivers and Restraints
TABLE 4        North America RFID Readers Market Value, By Product Type, 2018 – 2028
TABLE 5        North America RFID Readers Market Value, By End-use Industry, 2018 – 2028
TABLE 6        North America RFID Readers Market Value, By Country, 2018 – 2028
TABLE 7        Europe RFID Readers Market Value, By Product Type, 2018 – 2028
TABLE 8        Europe RFID Readers Market Value, By End-use Industry, 2018 – 2028
TABLE 9        Europe RFID Readers Market Value, By Country, 2018 – 2028
TABLE 10    Asia Pacific RFID Readers Market Value, By Product Type, 2018 – 2028
TABLE 11    Asia Pacific RFID Readers Market Value, By End-use Industry, 2018 – 2028
TABLE 12    Asia Pacific RFID Readers Market Value, By Country, 2018 – 2028
TABLE 13    Latin America RFID Readers Market Value, By Product Type, 2018 – 2028
TABLE 14    Latin America RFID Readers Market Value, By End-use Industry, 2018 – 2028
TABLE 15    Latin America RFID Readers Market Value, By Country, 2018 – 2028
TABLE 16    MEA RFID Readers Market Value, By Product Type, 2018 – 2028
TABLE 17    MEA RFID Readers Market Value, By End-use Industry, 2018 – 2028
TABLE 18    MEA RFID Readers Market Value, By Country, 2018 – 2028
TABLE 19    Honeywell International Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 20    Impinj, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 21    Zebra Technologies Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 22    Invengo Technology Pte. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 23    Technology Solutions (UK) Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 24    Alien Technology, LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 25    GAO RFID, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 26    CipherLab Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 27    Datalogic S.p.A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)
TABLE 28    Xerox Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent News and Announcements)



 

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