DUBLIN, Nov. 19, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/d4mblg/rfid_forecasts) has announced the addition of the "RFID Forecasts, Players and Opportunities 2016-2026" report to their offering.
This industry finds that in 2015, the total RFID market is worth $10.1 billion, up from $9.5 billion in 2014 and $8.8 billion in 2013. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors, for both passive and active RFID. This industry forecast that to rise to $13.2 billion in 2020.
In retail, RFID continues to be adopted for apparel tagging - that application alone will demand 4.6 billion RFID labels in 2016 - which still has some way to go with RFID penetrating about 15% of the total addressable market for apparel in 2016. RFID in the form of tickets used for transit will demand 800 million tags in 2016. 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 420 million tags being used for this sector in 2016. In total, it expects that 8.9 billion tags will be sold in 2015 and 10.4 billion in 2016. Most of that growth is from passive UHF RFID (RAIN RFID) labels. However, in 2015 UHF (RAIN RFID) tag sales by value will only be 11% 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 RFID) tags used for tagging things.
This comprehensive report 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.
Passive UHF market data segment 10 year forecast:
- Retail apparel and footwear
- Retail-other
- Logistics, conveyances, roll cages
- Asset management/inventory
- Medical/health care
- Air baggage and cargo
- Access control/ticketing
- Embedded
- People
- Other
10 year forecast Passive HF RFID market data segments:
- Contactless cards/fobs
- Smart tickets
- Books
- Medical
- Assets/tools
- Passports
- People
- NFC applications
- Other
Passive LF market data segments - 10 year forecast:
- Livestock and pets
- Access control
- Vehicle immobilizers
- Medical
- People
- Other
In addition, ten year forecasts are provided for battery assisted passive and active RFID and RTLS in the following applications:
- Pharma/Healthcare
- Cold retail supply chain
- Consumer goods
- Postal
- Manufacturing parts, tools
- Archiving (samples)
- Military
- Retail CPG Pallet/case
- Shelf edge labels
- Conveyances/Rollcages/ULD/Totes
- Vehicles
- People (excluding other sectors)
- Car clickers
- Other tag applications
Additionally, the report provides units, asp and total value for RFID readers as follows:
- UHF Fixed portal
- UHF Embedded and handheld
- HF and LF Hand held, fixed, embedded
- LF Vehicle
- NFC Cellphone
The research conducted ultimately provides ten year forecasts by application area including tags, readers, software and services for the following markets:
- Retail
- Healthcare and medical
- Passenger transport/automotive
- Land, sea logistics and post
- Animals and farming
- Airlines and airports
- Financial, security
- Manufacturing
- Leisure/sports
- Consumer products
- Other
Key Topics Covered:
1. Executive Summary And Conclusions
2. Introduction, Historic Sales And Addressable Opportunity
3. Market By Application And Value Chain Position
4. Markets For Passive RFID
5. Markets For Passive UHF RFID
6. Markets For Passive HF And Lf RFID
7. Markets And Profitability Of Active RFID
8. Market For RFID Interrogators (RFID Readers)
9. Markets By Country
10. Successes, Failures, Trends, Opportunities
Appendix 1: Rfid Solution Providers
For more information visit http://www.researchandmarkets.com/research/d4mblg/rfid_forecasts
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