Market Research Report
RFID Forecasts, Players and Opportunities 2017-2027
|Published by||IDTechEx Ltd.||Product code||243391|
|Published||Content info||166 Pages, 89 Tables, 58 Figures
Delivery time: 1-2 business days
|RFID Forecasts, Players and Opportunities 2017-2027|
|Published: August 8, 2017||Content info: 166 Pages, 89 Tables, 58 Figures||
IDTechEx Research has analyzed the RFID market for over 18 years. This report provides detailed data and analysis of the entire RFID sector based on our extensive research including interviews with RFID adopters and solution providers in the various applicational RFID markets, giving an unprecedented level of insight into the total RFID industry and what is really happening. Predominately, our research is conducted through interviews with companies across the value chain (many of whom provide data to us through non disclosure agreements who allow us to aggregate the data into the total) in addition to site visits and conference visits followed by secondary research.
This comprehensive report from IDTechEx gives the complete picture covering passive RFID, battery assisted passive, active RFID, Real Time Locating Systems (RTLS) and chipless RFID. It provides detailed forecasts and depth unmatched by any other.
IDTechEx find that in 2017, the total RFID market will be worth $11.2 billion, up from $10.52 billion in 2016 and $9.95 billion in 2015. This includes tags, readers and software/services for RFID labels, cards, fobs and all other form factors, for both passive and active RFID. IDTechEx forecast that to rise to $14.9 billion in 2022.
In retail, RFID continues to be adopted for apparel tagging above all other applications by volume - that application alone will demand 8.7 billion RFID labels in 2017 - which still has some way to go with RFID penetrating less than 20% of the total addressable market for apparel in 2017. RFID in the form of tickets used for transit will demand 825 million tags in 2017. The tagging of animals (such as pigs, sheep and pets) is substantial as it continues to be a legal requirement in many more territories, with 480 million tags being used for this sector in 2017.
In total, IDTechEx expects that 18.2 billion tags will be sold in 2017 versus 15.2 billion in 2016. Most of that growth is from passive UHF RFID (RAIN RFID) labels. However, in 2017 UHF (RAIN RFID) tag sales by value will only be 25% of the value of HF tag sales, mainly because HF tags where used for security (such as payments, access etc) have a higher price point versus the cheaper, usually disposable UHF (RAIN) tags used for tagging things.
Using new, unique information researched globally by IDTechEx technical experts, we analyze the RFID market in many different ways. Full analysis by each market is given in great detail including in-depth historic data by application type from 2005 year by year to 2022 and with a 2027 outlook. For passive RFID, forecasts are provided separately for the following application areas and for each we provide the number of tags, average sales price and total value of tags:
In addition, ten year forecasts are provided for battery assisted passive and active RFID and RTLS in the following applications:
Additionally, the report provides units, asp and total value for RFID readers as follows:
The research conducted by IDTechEx ultimately provides ten year forecasts by application area including tags, readers, software and services for the following markets:
Data is also provided for other sectors including market by territory, value chain positioning, NFC, chip vs chipless and more. Cumulative sales of RFID are analyzed. Progress of key companies is provided in addition to a matrix of hundreds of suppliers.
Taking the core data, IDTechEx interprets it in this report to identify aspects such as: Which sectors are booming and which are under performing? Which suppliers and profitable and why? What are the hot sectors? And much more.
For example, after extensive interviews with suppliers, IDTechEx find that there are now emerging or established leaders in most positions of the value chain across the different technologies - yet still very few companies have sales of more than $100 million. There are still many opportunities, which are assessed in this report.
Our level of detailed analysis allows us to account for data throughout the value chain, for example, inlay sales lag the number of IC sales by a number of months which is taken into account in our forecasts.
Major players now and in the future in the various parts of the value chain are identified and the big orders and milestones now and in the future are analyzed. Those doing well in numbers sold are sometimes much less impressive in dollars taken and vice versa. Of course, not everyone will want to serve the severely price constrained, highest volume markets. For them, we examine many large niches that are emerging and many smaller opportunities where there is even less competition.
IDTechEx has researched RFID markets, suppliers and technologies since 1999. Our coverage is
In addition to the report - in PDF format - you will receive a spreadsheet in Excel format giving you access to the key data contained in tables throughout the report. A printed copy of the report is also optionally available.
All report purchases include up to 30 minutes telephone time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.