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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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Chipless RFID by Segment
The study includes a forecast for the global chipless RFID by product type, frequency, application, end use industry, and region.
Chipless RFID Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Tag
• Reader
Chipless RFID Market by Frequency [Shipment Analysis by Value from 2018 to 2030]:
• Low Frequency
• High Frequency
• Ultrahigh Frequency
Chipless RFID Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Smart Cards
• Smart Tickets
• Others
Chipless RFID Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Retail
• Healthcare
• Logistics & Transportation
• BFSI
• Others
Chipless RFID Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
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-
• Alien Technology
• Applied Wireless
• AVERY DENNISON
• Checkpoint Systems
• Honeywell
• iDTRONIC
• Impinj
• Invengo Technology
• NXP Semiconductors
• Zebra Technologies
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:
• Alien Technology
• Applied Wireless
• AVERY DENNISON
• Checkpoint Systems
• Honeywell
• iDTRONIC
• Impinj
• Invengo Technology
• NXP Semiconductors
• Zebra Technologies
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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the chipless RFID market by product type (tag and reader), frequency (low frequency, high frequency, and ultrahigh frequency), application (smart cards, smart tickets, and others), end use industry (retail, healthcare, logistics & transportation, BFSI, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Chipless Rfid Market, Chipless Rfid Market Size, Chipless Rfid Market Growth, Chipless Rfid Market Analysis, Chipless Rfid Market Report, Chipless Rfid Market Share, Chipless Rfid Market Trends, Chipless Rfid Market Forecast, Chipless Rfid Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Chipless RFID Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Chipless RFID Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Chipless RFID Market by Product Type
3.3.1: Tag
3.3.2: Reader
3.4: Global Chipless RFID Market by Frequency
3.4.1: Low Frequency
3.4.2: High Frequency
3.4.3: Ultrahigh Frequency
3.5: Global Chipless RFID Market by Application
3.5.1: Smart Cards
3.5.2: Smart Tickets
3.5.3: Others
3.6: Global Chipless RFID Market by End Use Industry
3.6.1: Retail
3.6.2: Healthcare
3.6.3: Logistics & Transportation
3.6.4: BFSI
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Chipless RFID Market by Region
4.2: North American Chipless RFID Market
4.2.2: North American Chipless RFID Market by End Use Industry: Retail, Healthcare, Logistics & Transportation, BFSI, and Others
4.3: European Chipless RFID Market
4.3.1: European Chipless RFID Market by Application: Smart Cards, Smart Tickets, and Others
4.3.2: European Chipless RFID Market by End Use Industry: Retail, Healthcare, Logistics & Transportation, BFSI, and Others
4.4: APAC Chipless RFID Market
4.4.1: APAC Chipless RFID Market by Application: Smart Cards, Smart Tickets, and Others
4.4.2: APAC Chipless RFID Market by End Use Industry: Retail, Healthcare, Logistics & Transportation, BFSI, and Others
4.5: ROW Chipless RFID Market
4.5.1: ROW Chipless RFID Market by Application: Smart Cards, Smart Tickets, and Others
4.5.2: ROW Chipless RFID Market by End Use Industry: Retail, Healthcare, Logistics & Transportation, BFSI, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Chipless RFID Market by Product Type
6.1.2: Growth Opportunities for the Global Chipless RFID Market by Frequency
6.1.3: Growth Opportunities for the Global Chipless RFID Market by Application
6.1.4: Growth Opportunities for the Global Chipless RFID Market by End Use Industry
6.1.5: Growth Opportunities for the Global Chipless RFID Market by Region
6.2: Emerging Trends in the Global Chipless RFID Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Chipless RFID Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Chipless RFID Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Alien Technology
7.2: Applied Wireless
7.3: AVERY DENNISON
7.4: Checkpoint Systems
7.5: Honeywell
7.6: iDTRONIC
7.7: Impinj
7.8: Invengo Technology
7.9: NXP Semiconductors
7.10: Zebra Technologies
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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