According to a new market research report published by Credence Research “Radio Frequency Identification (RFID) Tags Market (Product Type – Active RFID Tags, Passive RFID Tags and Semi-passive RFID Tags; Frequency – Low Frequency (125 kHz – 134 kHz), High Frequency (13.56 MHz) and Ultra-high Frequency (860 MHz to 960 MHz); Industry Verticals – Apparel & Retail, Pharmaceuticals & Healthcare, Transportation & Logistics, Industrial Manufacturing, Automotive, Agriculture & Livestock and Others (Oil & Gas, Government etc.)) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global RFID tags market was valued at US$ 4,955.8 Mn in 2017 and is set to demonstrate robust growth during the forecast period from 2018 to 2026.
The Radio Frequency Identification (RFID) Tags Market Research Report Forecast 2018-2026 is an important source of insightful data for market strategists. It presents the Radio Frequency Identification (RFID) Tags industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Radio Frequency Identification (RFID) Tags Market study gives complete data which improves the understanding. [Continue reading…]
RFID tags are among the most important components of the overall RFID tracking systems. The market is highly driven by the consistently growing retail sector worldwide. India and China are the most lucrative markets for RFID tags due rapidly growing retail and transportation & logistics industry here. Another major factor supporting the market growth is the consistent decline in RFID tags prices. RFID tags are now available at prices as low as US$ 0.10, making them affordable for large number of applications. In addition, superior advantages of RFID systems over other conventional tracking systems would ensure robust demand for RFUD tags over the following years.
Browse the full Radio Frequency Identification (RFID) Tags market – Growth, Future Prospects and Competitive Analysis, 2018 –2025 report at https://www.credenceresearch.com/report/rfid-tags-market
The qualitative study of drivers and limitations of Radio Frequency Identification (RFID) Tags Market
Key players in the global Radio Frequency Identification (RFID) Tags Market Include Zebra Technologies Corporation, Invengo Technology Pte. Ltd., Alien Technology Corporation, Impinj, Inc., Honeywell International, Inc., GAO RFID, Inc., NXP Semiconductors N.V., SATO Holdings Corporation, Omni-ID Ltd., HID Global Corporation, SMARTRAC N.V., Confidex Ltd. and others.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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