The principle of radio frequency identification (RFID) is to conduct contactless data communication between the reader and the tag to achieve the purpose of identifying the target.Radio frequency identification, or rfid technology, is a kind of automatic identification technology, no contact the bidirectional data communication by way of radio frequency, using radio frequency way to recording media (electronic tag or rf card) for reading and writing, so as to achieve the aim of identifying target and data exchange, it is considered to be one of the most development potential of information technology in the 21st century.
This report contains market size and forecasts of Radio Frequency Identification Technology (RFID) in Global, including the following market information:
Global Radio Frequency Identification Technology (RFID) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Radio Frequency Identification Technology (RFID) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Passive RFID Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Radio Frequency Identification Technology (RFID) include Thinfilm, Thingmagic, Impinj, Rfidworld, Invengo, SimHo and Impinj, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Radio Frequency Identification Technology (RFID) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Radio Frequency Identification Technology (RFID) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Radio Frequency Identification Technology (RFID) Market Segment Percentages, by Type, 2021 (%)
Passive RFID
Semi-active RFID
Active RFID
Global Radio Frequency Identification Technology (RFID) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Radio Frequency Identification Technology (RFID) Market Segment Percentages, by Application, 2021 (%)
Car Chip Anti-theft Device
Access Control
Production Line Automation
Materials Management
Unmanned Store
Global Radio Frequency Identification Technology (RFID) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Radio Frequency Identification Technology (RFID) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Radio Frequency Identification Technology (RFID) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Radio Frequency Identification Technology (RFID) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Thinfilm
Thingmagic
Impinj
Rfidworld
Invengo
SimHo
Impinj