RFID Forecasts, Players and Opportunities 2014-2024

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In 2013, the total RFID market is worth $7.88 billion, up from $6.98 billion in 2012, and growing to $9.2 billion in 2014. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors. Our forecast that to rise to $30.24 billion in 2024.

In retail, RFID is seeing rapid growth for apparel tagging - that application alone demands 2.25 billion RFID labels in 2013. RFID in the form of tickets used for transit will demand 600 million tags in 2013. The tagging of animals (such as pigs, sheep and pets) is now substantial as it becomes a legal requirement in many more territories, with 375 million tags being used for this sector in 2013.

This is happening in regions such as China and Australasia. In total, 5.9 billion tags will be sold in 2013 versus 4.8 billion in 2012. Most of that growth is from passive UHF RFID labels, with UHF tag sales overtaking HF and LF tag sales by volume in 2012. However, in 2013 UHF tag sales by value will only be 11% of the value of HF tag sales.

This comprehensive report gives the complete picture covering passive RFID, battery assisted passive, active RFID, Real Time Locating Systems (RTLS) and chipless RFID. It provides detailed forecasts and depth unmatched by any other.

Market analysis by a huge number of parameters

Using new, unique information researched globally by our technical experts, we analyze the RFID market in many different ways. Full analysis by each market is given in great detail including in-depth historic data by application type from 2005 year by year to 2020 and with a 2024 outlook. For passive RFID, forecasts are provided separately for the many application areas. For each we provide the number of tags, average sales price and total value of tags.

In addition, ten year forecasts are provided for battery assisted passive and active RFID and RTLS in the following applications:

Additionally, the report provides units, asp and total value for RFID readers as follows:

The research conducted to provides ten year forecasts by application area including tags, readers, software and services for the following markets:

Data is also provided for other sectors including market by territory, value chain positioning, NFC, chip vs chip less and more. Cumulative sales of RFID are analyzed. Progress of key companies is provided in addition to a matrix of hundreds of suppliers.

Highly profitable

Major players now and in the future in the various parts of the value chain are identified and the big orders and milestones now and in the future are analyzed. Those doing well in numbers sold are sometimes much less impressive in dollars taken and vice versa. Of course, not everyone will want to serve the severely price constrained, highest volume markets. For them, we examine many niches of at least one billion dollars potential that are emerging and many smaller opportunities where there is even less competition.

Global coverage

The report covers the topic globally - with coverage of the drivers and challenges in rapidly growing sectors such as China, South America and Russia, in addition to the latest progress in North America, Europe and Asia-Pacific, with forecasts given by territory.

Access to Raw Data

In addition to the report - in PDF format - you will also receive a spreadsheet in Excel format giving you access to the key data contained in tables throughout the report. A printed copy of the report is also optionally available.  

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For more information on the report: http://www.bharatbook.com/devices-market-research-reports/rfid-forecasts-players-and-opportunities-2014-2024.html

Related Reports:

- India RFID Market Forecast & Opportunities, 2018

- Global RFID Semiconductor Market in the Apparel Industry 2012-2016

- The 2013-2018 World Outlook for Radio Frequency Identification (RFID) Technology

- The 2013-2018 Outlook for Electromagnetic Flowmeters in the United States

Related Category:

- RFID

- Electromagnetic

- Tracking

- Wireless

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