RFID Tag Industry: increasing expenditure on RFID standards for efficient RFID devices in future

Press Release   •   Oct 24, 2016 06:57 EDT


The Radio Frequency Identification or commonly known as RFID tags are highly used in various end user applications such as transportation, automotive, aerospace, industrial, manufacturing and others. There is high investment by manufacturers to improve the working of the RFID. There is high scope for the Global and Chinese RFID tag industry in upcoming years.

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Topics Covered in this report:

Scope and Regional Forecast of the Global and Chinese RFID Tag Industry:

In the Global and Chinese RFID Tag Industry, China in Asia Pacific is the major manufacturer of the radio frequency ID in the region and expected to increase the production for consumer electronics in the upcoming term.

North America is the prominent region with many industries in the Global and Chinese RFID Tag Industry. The US and Canada are the major markets in the North America region and Brazil in South America in future.

China, Japan, India, Germany, the US and other economically growing countries are the major markets for the Global and Chinese RFID Tag Industry. Automotive, industrial, defense are the major applications of this market and it is expected to grow rapidly in upcoming period.

The Global and Chinese RFID Tag Industry is a rapidly growing market with many RFID technology uses in various end user industries across the globe. This market is expected to witness high growth owing to the increasing investment for R&D of Radio Frequency Identification RFID for better RFID range, growth in the production of chip RFID for electronics and other devices and high demand among the population for the RF chip or radio tag in various regions across the globe in the upcoming years.

Segmentation and Key Players of the Global and Chinese RFID Tag Industry:

The Global and Chinese RFID Tag Industry is segmented into various categories by application, by geography as follows:

By application: industrial, commercial, manufacturing, transportation, logistics and others

By geography: North America, South America, Europe, Asia Pacific and ROW

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The key players in the Global and Chinese RFID Tag Industry are as follows:

Global Manufacturers:

  • SenTech EAS Corporation
  • Vizinex
  • Ela Innovation
  • Confidex
  • Invengo

Chinese Manufacturers:

  • Shenzhen YUNA Information Technology Co., Ltd.
  • Shenzhen Marktrace Co., Ltd.
  • Shanghai Cmrfid information technology Co., Ltd.
  • Freevision Technologies
  • Shanghai Bio-Tag Co., Ltd.

RFID security and other applications in industries is expected to boost the demand across the globe through 2021.

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