$8.09 Real-Time Locating Systems (RTLS) Market by Offering, Technology, Application, Vertical, and Geography - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, and Service), Technology (RFID, W-Fi, UWB, BLE, Infrared), Application (Inventory & Asset - Tracking & Management), Vertical, and Geography - Global Forecast to 2022" report to their offering.

The Real-Time Locating Systems market was valued at USD 1.42 billion in 2015 and is expected to reach USD 8.09 billion by 2022, at a CAGR of 24.5%

North America is expected to continue to hold the largest share in RTLS market, owing to the presence of major RTLS players in the U.S. and high adoption rate of RTLS technologies, specifically in the healthcare and retail sector. APAC is expected to grow at the highest rate in the RTLS market because of high industrial growth in manufacturing and retail in this region.

The requirement for resource utilization and workflow optimization in several industries, rising market competitiveness, increasing technological advancements, and high return on investment are the major drivers for the RTLS market. Factors such as lack of awareness, system incompatibility, lack of uniform standards and interoperability are restraining the growth of the RTLS market.

Manufacturing industry poses a huge market potential for the RTLS solutions mainly because of the increasing awareness and rising adoption level of such solutions as well as high industrial growth activities, especially in developing geographic regions such as Asia-Pacific and RoW. Automotive and aerospace are the two leading industries in manufacturing with huge growth and market potential.

The benefits provided by UWB technology in diverse application sectors, ranging from healthcare to defense, are the prime factors responsible for the high growth of this technology in the RTLS market, worldwide. The increase in demand for solutions based on UWB technology in manufacturing and healthcare industries, to locate and track the exact location of objects which cannot be tracked by RFID or Wi-Fi technologies due to obstructions such as hard concrete wall is expected to drive the RTLS market for UWB technology.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with key people in the RTLS industry.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Global RTLS Market, By Offering

8 Real-Time Locating Systems Market , By Technology

9 Global RTLS Market, By Vertical

10 RTLS Market, By Application

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

  • Airista, LLC.
  • Awarepoint Corp. (U.S.)
  • Bespoon Sas.
  • Centrak, Inc. (U.S.)
  • Decawave Ltd.
  • Identec Group AG
  • Impinj, Inc.
  • Redpine Signals, Inc.
  • SAVI Technology
  • Stanley Healthcare
  • Ubisense Group PLC.
  • Versus Technology, Inc.
  • Zebra Technologies Corp.

For more information about this report visit http://www.researchandmarkets.com/research/jc2mdb/realtime

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Global Positioning Systems Software

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Global Positioning Systems Software