The global printed and chipless RFID market is estimated to grow at a significant CAGR of 27.5% during the forecast period. The major factor that is contributing to the growth of the market including the growing demand for various industry such as retail, transportation and others. RFID enables wireless data collection by readers from electronic tags attached to or embedded in objects, for identification and other purposes. RFID systems include software, network and database components that allow information to flow from tags to the organization’s information infrastructure where it is processed and stored, and systems are application-specific. Technological developments are focusing on increasing real-time information of business processes, improved business performance and improved security and privacy that further provide ample opportunity to the market.
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The ADAS application segment is projected to have significant growth in the global market during the forecast period owing to the increasing demand for ADAS in the automotive industry. With the incorporation of AI in automotive, self-driving or autonomous technology have advanced seemingly well. For instance, VisLab Intercontinental Autonomous Challenge, a 13,000 km trip for nearly three months that took place from Italy to China, is regarded as one of the major competitions which led to enhancement in the testing of self-driven vehicles which consequently assisted the market. the majority of the car manufacturing companies such as Audi, BMW are actively adopting AI in their autonomous driving efforts to keep up with the on-going trends. For instance, Audi is testing an AI-based system that employs smart cameras with image recognition software to test and identify tiny cracks in sheet metal that further augment the Printed and Chipless RFID market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Printed and Chipless RFID Market by Type
- RFID Tag
- RFID Readers
- RFID Middleware
Global Printed and Chipless RFID Market by End-User Industry
- Retail
- Transportation and Logistics
- Healthcare
- BFSI
- Others (Aviation)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Alien Technology LLC
- Avery Dennison Corp.
- Confidex Ltd.
- Dai Nippon Printing Co., Ltd.
- Honeywell International Inc.
- iDTRONIC GmbH
- Impinj, Inc.
- Invengo Technology Pte. Ltd.
- Molex, LLC
- NXP Semiconductors N.V.
- PolyIC GmbH & Co. KG
- Siemens AG
- Smartrac N.V.
- Toppan Forms Co., Ltd.
- Variuscard GmbH
- VTT Technical Research Centre of Finland Ltd.
- Vubiq Networks, Inc.
- Xerox Corp.
- Zebra Technologies Corp.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Printed and Chipless RFID market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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