An RFID system is a wireless technology that uses radio waves to receive data from a tag attached to an object. It is used for various purposes such as tracking objects and automatic. Wide area RFID systems are essentially traditional RFID systems which can identify and locate numerous objects over a long range. The traditional deployment of RFID systems used to restrict the usability as the objects were identified and accounted for only at certain checkpoints and entrances.
MARKET SCOPE
The "Global RFID Smart Antenna Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global market trend analysis. The report aims to provide an overview of the RFID smart antenna market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading RFID smart antenna market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global RFID smart antenna market is segmented into LF (LOW FREQUENCY), HF (HIGH FREQUENCY), UHF (ULTRA-HIGH FREQUENCY), SHF (SUPER-HIGH FREQUENCY)
- On the basis of application, the market is segmented into tags, reader
MARKET DYNAMICS
Drivers:
- One of the major factors driving the demand for wide area RFID systems is rise in innovative applications. RFID technology has been used in various end-use industries over a long period of time.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The RFID smart antenna market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the RFID smart antenna market in these regions.
IMPACT OF COVID-19 ON RFID SMART ANTENNA MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the RFID smart antenna market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from RFID smart antenna market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the RFID smart antenna market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alien Technology
- Honeywell International Inc
- Impinj
- Zebra Technologies
- Abracon
- CAEN RFID
- FEIG Electronics
- Harting
- Invengo
- Kathrein RFID