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Posted by Hibbah on April 26, 2024 at 9:21am 0 Comments 0 Likes
Posted by Shabaz Sayyed on April 26, 2024 at 9:21am 0 Comments 0 Likes
RFID (Radio Frequency Identification) is a form of wireless communication which uses the radio waves in order to capture or read data which is stored on the tag of any object, person or an animal. RFID device is a substitute of barcodes. RFID provides a unique identification for the object to which it is attached. The major components of RFID system are tags, readers and software tools. RFID technology is accepted in wide range of applications which includes tracking livestock, consumer products, vehicles, airline passengers among others. RFID stands for the Radio Frequency Identification which utilizes the electromagnetic field for any identification or tracking of any object, person or animal by recording the presence. It consists of two parts tag and reader and act same as magnetic strip or barcode.
Increase demand of RFID Technology in retail industry, enforced laws for labelling animals, increasing use of security and access control application and increasing installation of RFID in manufacturing units and for productivity improvement are furthermore boosting the growth of the Asia-Pacific RFID market.
Asia-Pacific RFID Market is projected to register a CAGR of 17.3% in the forecast period of 2019 to 2026.
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Segmentation: Asia-Pacific RFID Market
RFID market is segmented into two notable segments such as product and end user.
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Competitive Analysis: Asia-Pacific RFID Market
Some of the major players operating in this market are Alien Technology, LLC, CCL Industries, Impinj, Inc, Invengo Technology Pte. Ltd, Nedap, AVERY DENNISON CORPORATION, Confidex Ltd, Omni-ID, HID Global Corporation, HONEYWELL INTERNATIONAL INC, ZEBRA, Checkpoint, NXP Semiconductors, Securitag Assembly Group Co., LTD and others.
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Research Methodology: Asia-Pacific RFID Market
Primary Respondents: Key Opinion Leaders (KOL’s): Manufacturer, Healthcare Professionals, Doctors, Nurses, Medical practitioners. Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.
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