Chipless RFID Market Overview:
A chipless RFID device uses radio frequency identification (RFID) without a silicon integrated circuit (IC). Wireless technology is used for access control, automatic identification, security & surveillance, tracking, database management, logistics, and inventory control. As an alternative to silicon-based ICs, it uses conductive polymers or plastics. As it eliminates the silicon IC chip from the circuit, the chipless RFID technology overcomes the limitations of traditional RFID technology. It is also completely printable, so it can withstand harsh conditions and climates. It is also possible to imprint it on metals and bottles containing fluids. Consequently, chipless RFID is capable of a wide range of applications previously impossible with either chipped or barcode RFIDs.
There are several examples of low-cost item tagging, such as ID cards, banknotes, drink containers, books, aluminum cans, and customer merchandise. For achieving the universal networks required by the IoT paradigm, chipless RFID tags are also used as chipless RFID sensors. The main use of a chipless RFID sensor is to detect CO2. RFID chipless technology has been developed to rival barcodes in certain industries. There are numerous benefits to chipless RFID, including its low cost and ease of use. Although barcodes only provide one function of ID recovery, their technology has been around for a long time, and they are widely used. It is expected that the chipless RFID market will witness significant growth over the forecast period. Chipless RFID market growth is attributed to factors such as high accuracy, low manufacturing costs, and more functions compared to other alternatives.
Data is currently the most valuable asset in the world. With many global-level organizations collecting huge volumes of data, electronic devices comprising of high computing power are used for processing and managing such data. As per the Semiconductor Industry Association, the memory segment is the largest growing segment of the semiconductor industry with sales of DRAM and NAND flash products on a rise along with the sales of microprocessors which shall assist in the further proliferation of the semiconductor industry. The introduction of 5G technology has opened new avenues for the growth of this industry considering its utilization in developing an IoT-friendly infrastructure in tech-based applications. With advancements in chip designing technologies per Moore's law has further aided in the fragmentation of the global semiconductor industry.
The assessment of the Chipless RFID Market is performed based on factors, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of important market players. The Chipless RFID Market is also analyzed based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of advanced market research techniques which shall help organizations evaluate the overall market scenario and strategize accordingly.
Major players included in the Chipless RFID Market:
• Alien Technology
• Applied Wireless Identifications Group, Inc.
• Avery Dennison Corporation
• Checkpoint Systems, Inc.
• Honeywell International Inc.
• Idtronic GmbH
• Impinj, Inc.
• Invengo Technology Pte. Ltd.
• NXP Semiconductors
• Zebra Technologies Corp.
(Note: The list of the major players will be updated with the latest market scenario and trends)
Chipless RFID Market Segmentation:
By Product Type
• Tag
• Reader
By Frequency
• Low Frequency
• High Frequency
• Ultrahigh Frequency
By Application
• Smart Cards
• Smart Tickets
• Others
By End-Use
• Retail
• Healthcare
• Logistics and Transportation
• BFSI
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Chipless RFID Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the Chipless RFID Market by product type, by frequency, by application, by end-use and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
In case of any requirements or changes to the current table of content please contact us at:
enquiry@futuremarketanalytics.com
