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Asia Pacific RFID Investment Opportunities Market Trend 2031
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Asia Pacific RFID Investment Opportunities Market Trend 2031

Segments - Asia Pacific RFID Investment Opportunities Market by Products (RFID Tags, Readers, Printers, Antennas, RFID Software, and Middleware Services), Applications (Retail & Consumer Goods, Asset Tracking, Banking and Finance, Automotive, Manufacturing, Healthcare & Medical, and Others), and Geography (India, China, South Korea, Japan, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Raksha
Author : Raksha Sharma
https://growthmarketreports.com/Vaibhav
Fact-checked by : V. Chandola
https://growthmarketreports.com/Shruti
Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-3632 | 4.5 Rating | 68 Reviews | 213 Pages | Format : PDF Excel PPT

Report Description


The RFID investment opportunities in Asia Pacific market size was USD 4.49 Billion in 2022 and is likely to reach USD 8.04 Billion by 2031, expanding at a CAGR of 6.68% during 2023–2031. The growth of the market is attributed to rising demand for solutions that can automatically identify and capture data.

Radio frequency identification (RFID) is a technology that utilizes radio waves to gather computerized information contained in RFID chip or smart labels. Further, RFID tags are equipped with an integrated circuit and an antenna designed to communicate information to the RFID reader.

Asia Pacific RFID Investment Opportunities Market Outlook

A RFID reader conveys a sign to a RFID tag, which transmits with an information-carrying signal. Additionally, the information gained by readers from the RFID tags are subsequently sent to a host computer system through a communications interface, where it can be saved in a data set and evaluated later.

  • Rising demand for RFID tags for traffic management is estimated to drive the market growth during the forecast period.

  • Growing demand for installation of RFID systems in manufacturing units to improve productivity is expected to fuel the market growth.

  • Rapid adoption of technological advancements in the field of healthcare is one of the major factors driving the market growth.

  • High maintenance cost can hamper the market growth in the coming years.

  • Ongoing developments for contact-tracing solution can create lucrative opportunities during the forecast period.

Scope of Asia Pacific RFID Investment Opportunities Market Report

The report on the RFID investment opportunities in Asia Pacific market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

RFID-Investment Opportunities Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Products (RFID Tags, Readers, Printers, Antennas, RFID Software, and Middleware Services) and Applications (Retail & Consumer Goods, Asset Tracking, Banking and Finance, Automotive, Manufacturing, Healthcare & Medical, and Others)

Geography Scope

India, China, South Korea, Japan, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Tsinghua Tongflag Co. Ltd.; Ripro Corporation; Perfect Corporation Chilitag Technology; Yodobashi Camera Co. Ltd.; Lynstan Engineering; Ceylon Technology; ThingMagic, EMW Co. Ltd.; Perfect RFID, and Rasilant Technologies

RFID Investment Opportunities in Asia Pacific Market Segment Insights

RFID tags segment is anticipated to constitute a key market share

On the basis of product types, the market is segregated into RFID tags, readers, printers, antennas, RFID software, and middleware services. The RFID tags segment is projected to expand at a considerable CAGR during the forecast period.

The ease of use for tracing any type of asset is anticipated to constitute a key market share during the forecast period. RFID tags are used through wireless non-contact radio frequency waves that help in transferring data to the RFID readers.

Healthcare & medical segment is estimated to account for a significant market share

Based on applications, the RFID investment opportunities in Asia Pacific market is divided into retail & consumer goods, asset tracking, banking and finance, automotive, manufacturing, healthcare & medical, and others.

The healthcare & medical segment is estimated to account for a significant market share during the forecast period owing to rising investments in improving patient care. The ability of RFID Solutions to help healthcare organizations check the spread of COVID-19 is propelling the market segment growth.

Asia Pacific RFID Investment Opportunities Market Applications

Japan is anticipated to account a major market share

In terms of regions, the market is classified as India, China, South Korea, Japan, and Rest of Asia Pacific. Japan is expected to constitute a key share of the market during the projected period. Increasing penetration of IoT is driving the market growth in the region. The markets in India and China is anticipated to expand at a high CAGR during the forecast period.

Segments

The RFID investment opportunities in Asia Pacific market has been segmented on the basis of

Products

  • RFID Tags
  • Readers
  • Readers
  • Antennas
  • RFID Software and Middleware Services

Applications

  • Retail & Consumer Goods
  • Asset Tracking
  • Banking and Finance
  • Automotive
  • Manufacturing
  • Healthcare & Medical
  • Others

Geography

  • India
  • China
  • South Korea
  • Japan
  • Rest of Asia Pacific

Key Players

  • Tsinghua Tongflag Co. Ltd.
  • Ripro Corporation.
  • Perfect Corporation Chilitag Technology
  • Yodobashi Camera Co. Ltd.
  • Lynstan Engineering
  • Ceylon Technology
  • ThingMagic, EMW Co. Ltd.
  • Perfect RFID
  • Rasilant Technologies

Competitive Landscape

Key players competing in the Asia Pacific RFID investment opportunities in Asia Pacific market is Tsinghua Tongflag Co. Ltd.; Ripro Corporation; Perfect Corporation Chilitag Technology; Yodobashi Camera Co. Ltd.; Lynstan Engineering; Ceylon Technology; ThingMagic, EMW Co. Ltd.; Perfect RFID; and Rasilant Technologies.

Asia Pacific RFID Investment Opportunities Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. RFID-Investment Opportunities Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. RFID-Investment Opportunities Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. RFID-Investment Opportunities Market - Supply Chain
  4.5. Global RFID-Investment Opportunities Market Forecast
     4.5.1. RFID-Investment Opportunities Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. RFID-Investment Opportunities Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. RFID-Investment Opportunities Market Absolute $ Opportunity
5. Global RFID-Investment Opportunities Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. RFID-Investment Opportunities Market Size and Volume Forecast by Applications
     5.3.1. Retail & Consumer Goods Asset Tracking Banking and Finance Automotive Manufacturing Healthcare & Medical  
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global RFID-Investment Opportunities Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. RFID-Investment Opportunities Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global RFID-Investment Opportunities Demand Share Forecast, 2019-2026
7. North America RFID-Investment Opportunities Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America RFID-Investment Opportunities Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America RFID-Investment Opportunities Market Size and Volume Forecast by Applications
     7.4.1. Retail & Consumer Goods Asset Tracking Banking and Finance Automotive Manufacturing Healthcare & Medical  
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America RFID-Investment Opportunities Demand Share Forecast, 2019-2026
8. Latin America RFID-Investment Opportunities Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America RFID-Investment Opportunities Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America RFID-Investment Opportunities Market Size and Volume Forecast by Applications
     8.4.1. Retail & Consumer Goods Asset Tracking Banking and Finance Automotive Manufacturing Healthcare & Medical  
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America RFID-Investment Opportunities Demand Share Forecast, 2019-2026
9. Europe RFID-Investment Opportunities Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe RFID-Investment Opportunities Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe RFID-Investment Opportunities Market Size and Volume Forecast by Applications
     9.4.1. Retail & Consumer Goods Asset Tracking Banking and Finance Automotive Manufacturing Healthcare & Medical  
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe RFID-Investment Opportunities Demand Share Forecast, 2019-2026
10. Asia Pacific RFID-Investment Opportunities Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific RFID-Investment Opportunities Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific RFID-Investment Opportunities Market Size and Volume Forecast by Applications
     10.4.1. Retail & Consumer Goods Asset Tracking Banking and Finance Automotive Manufacturing Healthcare & Medical  
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific RFID-Investment Opportunities Demand Share Forecast, 2019-2026
11. Middle East & Africa RFID-Investment Opportunities Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa RFID-Investment Opportunities Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa RFID-Investment Opportunities Market Size and Volume Forecast by Applications
     11.4.1. Retail & Consumer Goods Asset Tracking Banking and Finance Automotive Manufacturing Healthcare & Medical  
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa RFID-Investment Opportunities Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global RFID-Investment Opportunities Market: Market Share Analysis
  12.2. RFID-Investment Opportunities Distributors and Customers
  12.3. RFID-Investment Opportunities Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Tsinghua Tongflag Co. Ltd. Ripro Corporation. Perfect Corporation Chilitag Technology Yodobashi Camera Co. Ltd. Lynstan Engineering Ceylon Technology  

Methodology

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