The global rain RFID market is estimated to grow at a significant CAGR during the forecast period. RFID stands for Radio Frequency Identification and refers to a wireless technology that consists of two parts, tags and readers. The reader is a device that emits radio waves and receives signals from the RFID tag through one or more antennas. RFID Tags are both type passive and active for communicating their identification and other information to nearby readers through radio waves. Passive RFID tags do not have a battery and are powered by the reader. Batteries are used to power active RFID tags.
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RIFD is used in the manufacturing industry as a track movable asset in manufacturing equipment and process components like mirrors, engines, and doors and other parts of the vehicle. RFID systems are useful not only for tracking items but also for understanding the lifecycle of manufacturing equipment. With the growth of the RFID industry, the penetration of these solutions is expected to rise globally.
CAEN RFID is an Automatic Identification company. The company has focused its efforts on the Ultra High Frequency (UHF) band for Radiofrequency Identification (RFID). UHF RFID technology allows reading and writing data on devices, also known as tags or transponders that are attached to devices for identification. In comparison to previous passive technologies, read and write operations has performed without requiring line of sight over a large distance and at a better speed that is enabling for a more cost-effective and efficient process for automation.
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In September 2020, Avery Dennison has launched its AD-362r6-P dual-technology inlay that combines item-level tracking with the high-performance Rain RFID tag (UHF) digital ID capabilities. This tag is appropriate for a broad range of products and applications with the capability of an EAS secondary loss prevention tag. Avery Dennison has invented one more double technology design that is the AD- 362R6 and a single die-cut label for the electronic article surveillance.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segments Covered
o By Product Type
o By Tag Type
o By Frequency
o By Application
o By Material
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Hangzhou Century Link Technology Co. Ltd., Convergence Systems Limited (CSL)., Invengo Technology Pte. Ltd., NXP Semiconductors N.V., and Walki Group Oy.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Rain RFID Market by Segments
By Product Type
- Tags
- Readers
- Software and Services
By Tag Type
- Active Tags
- Passive Tags
By Frequency
- Low Frequency
- High Frequency
- Ultra-high Frequency (UHF)
By Application
- Agriculture
- Commercial
- Transportation
- Healthcare
- Logistics & Supply Chain
- Aerospace
- Defence
- Retail
- Security and Access Control
- Sports
- Animal Tracking
- Ticketing
By Material
- Plastic
- Paper
- Glass
- Others
Company Profiles
- Hangzhou Century Link Technology Co. Ltd.
- Convergence Systems Limited (CSL).
- Invengo Technology Pte. Ltd.
- NXP Semiconductors N.V.
- Walki Group Oy
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
