Thursday, July 19, 2018
New report | Global UHF RFID inlays Market| Analysis and Forecast to 2026
Do you like this story?
According to a new market research report
published by Credence Research “UHF RFID
inlays Market (Inlays Type – Dry Inlays and Wet Inlays, End-use
Verticals – Retail, Financial services, Healthcare, Government, Industrial,
Transport & Logistics and others) – Growth, Future Prospects and
Competitive Analysis, 2018 - 2026”, the global UHF RFID inlays market is set to
expand with a CAGR of 14.8% throughout the forecast period to reach US$ 1,223.5
Mn by 2026.
Browse the full report at http://www.credenceresearch.com/report/uhf-rfid-inlays-market
Market Insights
The UHF RFID inlays market highly driven by
increasing demand from various end-use verticals including retail, financial
services, healthcare, industrial, government and transportation & logistics
among others for longer detection range. UHF RFID tags hold largest share in
security systems market owing to higher flexibility and affordability it
offers. Significantly increasing retail industry reported as one of the most
promising factors proliferating the market demand for UHF RFID inlays
worldwide. Rising GDP along with disposable income of burgeoning population
contributed in driving global retail industry, thereby giving positive impact
on UHF RFID inlays market. Increasing need for long distance identification
creating high demand for UHF RFID tags, thus ensures UHF RFID inlays market
growth. Low cost and longer life of UHF RFID inlays, used in passive tags, has
emerged one of the highly demanded solutions for product security, especially
in retail sector.
The UHF RFID inlays market is segmented based
on type, into dry and wet inlays. According to our research, wet inlays
accounted for the largest market share owing to lesser cost of these inlays
along with supportive labels (papers, plastic sheets, etc.) Product enhancement
such as metallic RFID wet inlays, web RFID wet inlays further helping wet
inlays segment to grow over the review period. On account of increasing
popularity of passive tags, they have captured more than 50% of the overall
RFID tags market. On the other hand, dry inlays segment finds its adoption in
retail (for products which require comparatively larger tags e.g. garments) and
security sectors owing to larger size of final product. Considering increasing
demand for UHF RFID inlays from retail sectors, it is expected to hold largest
market share during the forecast period. Global retail industry expected
to reach US$ 27.7 Tn by 2020.
Technological advancements coupled with
increasing adoption of UHF RFID inlays, in terms of passive RFID tags, allows
North America to dominate the global market. North America expected to lead
global UHF RFID inlays market during the forecast period from 2018 to 2026.
Increasing demand from numerous asset management companies further increases
the demand for passive UHF RFID inlays in North America. Asia Pacific projected
to register fastest growth in overall UHF RFID inlays market during the
forecast period. Increasing retail and e-commerce industry ensures significant
growth of UHF RFID inlays market in this region.
Some of the major players profiled in the
report include SMARTRAC N.V., Shang Yang RFID Technology Yangzhou Co. Ltd.,
Xindeco IOT Technology Co. Ltd., Invengo Technology Pte. Ltd., Avery Dennison
Corporation, Shanghai Inlay Link Inc., NXP Semiconductor Austria GmbH, Alien
Technology, LLC, Zhejiang Junmp Technology Inc. Ltd., Identive Group, Inc., ITL
Group, HID Global Corporation, Convergence Systems Company Ltd., Xerafy Ltd.,
Impini, Inc. and others.
Request Sample: http://www.credenceresearch.com/sample-request/59213
Browse Here For Full Report: http://www.credenceresearch.com/report/uhf-rfid-inlays-market
About Us
Credence Research is a worldwide market research and
counseling firm that serves driving organizations, governments, non-legislative
associations, and not-for-benefits. We offer our customers some assistance with
making enduring enhancements to their execution and understand their most
imperative objectives. Over almost a century, we've manufactured a firm
extraordinarily prepared to this task.
Contact Us:
Credence
Research Inc.
105 N 1st ST #429
SAN JOSE
CA 95103
United States
Toll Free (US/CANADA): +1-800-361-8290105 N 1st ST #429
SAN JOSE
CA 95103
United States
Subscribe to:
Post Comments (Atom)
0 Responses to “New report | Global UHF RFID inlays Market| Analysis and Forecast to 2026”
Post a Comment