PUBLISHER: Lucintel | PRODUCT CODE: 1417411
PUBLISHER: Lucintel | PRODUCT CODE: 1417411
Chipless RFID Trends and Forecast
The future of the global chipless RFID market looks promising with opportunities in the retail, healthcare, logistics and transportation, and BFSI markets. The global chipless RFID market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 25.6% from 2024 to 2030. The major drivers for this market are increasing need for chipless RFID tags in the banking and healthcare industries and enhanced efficiency provided by chipless RFID tags.
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Chipless RFID by Segment
The study includes a forecast for the global chipless RFID by product type, frequency, application, end use industry, and region.
List of Chipless RFID Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies chipless RFID companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the chipless RFID companies profiled in this report include-
Chipless RFID Market Insights
Lucintel forecasts that smart cards is expected to witness the highest growth over the forecast period due to extensive need for them in various sectors, encompassing the healthcare, banking, entertainment, transportation, access control, and government identification industries.
Within this market, logistics and transportation is expected to witness the highest growth due to xx.
North America will remain the largest region over the forecast period due to surge in the request for supply chain management.
Features of the Global Chipless RFID Market
Market Size Estimates: Chipless RFID market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Chipless RFID market size by various segments, such as by product type, frequency, application, end use industry, and region in terms of value ($B).
Regional Analysis: Chipless RFID market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, frequency, application, end use industry, and regions for the chipless RFID market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the chipless RFID market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the chipless RFID market size?
Answer: The global chipless RFID market is expected to reach an estimated $5.4 billion by 2030.
Q2. What is the growth forecast for chipless RFID market?
Answer: The global chipless RFID market is expected to grow with a CAGR of 25.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the chipless RFID market?
Answer: The major drivers for this market are increasing need for chipless RFID tags in the banking and healthcare industries and enhanced efficiency provided by chipless RFID tags.
Q4. What are the major segments for chipless RFID market?
Answer: The future of the chipless RFID market looks promising with opportunities in the retail, healthcare, logistics and transportation, and BFSI markets.
Q5. Who are the key chipless RFID market companies?
Answer: Some of the key chipless RFID companies are as follows.
Q6. Which chipless RFID market segment will be the largest in future?
Answer: Lucintel forecasts that smart cards is expected to witness the highest growth over the forecast period due to extensive need for them in various sectors, encompassing the healthcare, banking, entertainment, transportation, access control, and government identification industries.
Q7. In chipless RFID market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to surge in the request for supply chain management.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.