$3.2 Billion Global Chipless RFID Market (2020 to 2026) - Key Industry Analysis and Forecasts - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Chipless RFID Market By Product Type, By Frequency, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Chipless RFID Market size is expected to reach $3.2 billion by 2026, rising at a market growth of 24.2% CAGR during the forecast period.

There has been a shift in focus towards the application of RFID in various commercial areas like access management, contactless payment, toll collection, tracking of goods and animals, and so on. This transition occurred due to the advent of radio-frequency identification (RFID) technology as a contactless identification technique. The RFID tags utilized previously were incorporated with chips which further expand the complete cost of the tagged products. Hence, the demand for low-cost RFID tags is increasing, which can be extensively utilized without adding complete cost to the tagged items.

The global chipless RFID market is expected to register considerable growth during the forecast period. The growth of the chipless RFID market is driven by various factors like high accuracy, low manufacturing cost, and offering more functions in comparison to other alternatives. Although, the major restraint for the global chipless RFID industry is the huge initial investment cost. Moreover, retailers are increasingly shifting their focus towards chipless RFID, which is anticipated to create lucrative opportunities for the chipless RFID market. In addition, economically developed countries are likely to observe massive penetration of chipless RFID technology in several retail segments. The growth of the chipless RFID market is anticipated to boost owing to various factors like the booming manufacturing industry, incentives in the Union Budget worldwide because of the COVID-19 pandemic.

Companies Profiled

• Zebra Technologies Corporation
• NXP Semiconductors N.V.
• Honeywell International, Inc.
• Avery Dennison Corporation
• CCL Industries, Inc. (Checkpoint Systems, Inc.)
• Impinj, Inc.
• Alien Technology, LLC
• Applied Wireless Identifications Group, Inc.
• IDtronic GmbH
• Invengo Technology Pte. Ltd.

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.2.1 Partnerships, Collaborations and Agreements

3.2.2 Geographical Expansions

3.2.3 Acquisition and Mergers

3.3 Top Winning Strategies

3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

Chapter 4. Global Chipless RFID Market by Product Type

4.1 Global Chipless RFID Tag Market by Region

4.2 Global Chipless RFID Reader Market by Region

Chapter 5. Global Chipless RFID Market by Frequency

5.1 Global Chipless RFID High Frequency Market by Region

5.2 Global Chipless RFID Low Frequency Market by Region

5.3 Global Chipless RFID Ultrahigh Frequency Market by Region

Chapter 6. Global Chipless RFID Market by Application

6.1 Global Smart Cards Chipless RFID Market by Region

6.2 Global Smart Ticket & Others Chipless RFID Market by Region

Chapter 7. Global Chipless RFID Market by End User

7.1 Global Logistics & Transportation Chipless RFID Market by Region

7.2 Global BFSI Chipless RFID Market by Region

7.3 Global Retail Chipless RFID Market by Region

7.4 Global Healthcare Chipless RFID Market by Region

7.5 Global Others Chipless RFID Market by Region

Chapter 8. Global Chipless RFID Market by Region

8.1 North America Chipless RFID Market

8.2 Europe Chipless RFID Market

8.3 Asia Pacific Chipless RFID Market

8.4 LAMEA Chipless RFID Market

Chapter 9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/e2decz