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Chipless RFID Market to Reach $11 Billion by 2022 - Key Players are Alien Technology, Zebra Technologies, Intermec, Thin Film & Confidex - Research and Markets
[July 19, 2017]

Chipless RFID Market to Reach $11 Billion by 2022 - Key Players are Alien Technology, Zebra Technologies, Intermec, Thin Film & Confidex - Research and Markets


The "Chipless RFID Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

The Chipless RFID market is projected to expand at a CAGR of 30.41% to reach the total market size of US$11.163 billion by 2022, from US$2.959 billion in 2017.

These RFIDs are witnessing high adoption rate on account of advantages like cost elimination associated with tags and higher operational efficiency. The need for enhancing inventory management in retail and logistics sector through asset tracking and security of products are some of the key features driving the market growth. Prevention of counterfeit products and the need for document management in government and healthcare sector is also boosting the demand for these RFID solutions over the forecast period.

By end-user industry, Global Chipless RFID market is segmented as retail, aerospace and defense travel and transport/logistics, and healthcare. Retail accounted for the largest market share in 2016 owing to the increased use of chipless RFID for stock tracking, supply chain management, reverse logistics, and check product availability. Growing need for omnichannel retailing is further augmenting the demand for chipless RFIDs in the retail sector. Transport and logistics sector will also witness a significant market growth during the forecast period due to a rapid adoption of chipless RFIDs in vehicles and logistics activities such as warehousing and distribution. Growing global 3PL industry will further bolster the growth of chipless RFID market in the coming years.



Companies Mentioned

  • Alien Technology
  • SATO VICINITY
  • Zebra Technologies (News - Alert)
  • Thin Film Electronics
  • Acreo Swedish ICT
  • Confidex
  • Intermec

Key Topics Covered:


1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Chipless RFID Market Forecast by Product (US$ Billion)

6. Chipless RFID Market Forecast by End-User Industry (US$ Billion)

7. Chipless RFID Market Forecast by Geography (US$ Billion)

8. Competitive Intelligence

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/96s9p3/chipless_rfid


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