Top Companies in RFID Tags Market | Top Companies in Radio Frequency Identification Industry In-depth Analysis, Growth rate, Market Share & Size | Vantage Market Research
Technological advancements have shaped the world drastically over the past decade and are expected to continue to do so over the forecast period as well.
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Market Overview:
The Global RFID Tags Market is valued at USD 10.1 Million in the year 2021 and is forecasted to reach a value of USD 17.6 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.7% over the forecast period. RFID (Radio Frequency Identification) tags have become an essential component of people's daily life in recent years. Furthermore, as technology advances, their use is projected to rise at an irreversible rate. The RFID Tags Market is being driven by an increase in the adoption of radiofrequency identification (RFID) tags due to their flexibility, low power requirements, location assistance, and widespread use in industries such as oil and gas, construction, e-commerce, retail, and sport management, among others.
RFID Tags help organizations run more smoothly, with better results and lower expenses. Physical access cards, labels, tags, inlays, and touchless solutions are just a few of the alternatives available. Furthermore, the inclusion of tamper resistance turns RFID Tags become smart seals. Key players are also putting forward eco-friendly RFID Tags. The RFID Tags Market is influenced by the growing number of research and development activities aimed at improving the accuracy, functionality, and overall performance of RFID Tags, as well as high-demand RFID Tags, which are known to be cost-effective and offer several benefits to end users.
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Some of the key players operating in the RFID Tags Market are listed below:
|
Company Name |
Revenue in the US |
|
$8 Billion |
|
$5 Billion |
|
$34 Billion |
|
$11 Billion |
|
$174 Million |
|
$38 Million |
|
$55 Million |
|
$530 Million |
|
<$5 Million |
|
$68 Million |
Avery Dennison Corporation was founded in 1935 as Kum Kleen Products and is headquartered in California, United States. Avery Dennison is a Multinational manufacturer and distributor of Label materials, apparel-branding labels, tags and tickets, specialty adhesive tapes, RFID medical tapes, sensors, and wound dressing.
Zebra Technologies was established in 1969 and headquartered in Illinois, the United States Zebra Technologies Corporation is a mobile computing firm based in the United States that specializes in technology that can sense, analyze, and act in real-time. The company creates and distributes technologies for tagging, tracking, and computer printing. Rugged mobile computers and tablets, intelligent software and solutions, thermal barcode label and receipt printers, RFID smart label printers/encoders/fixed & handheld readers/antennas, and card & kiosk printers are among the company's products, which are used for barcode labeling, personal identification, and specialty printing in the manufacturing, supply chain, retail, healthcare, and government sectors.
Honeywell International Inc., headquartered in Charlotte, North Carolina, is an American publicly traded global conglomerate firm. Aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS) are the four main areas of activity for the company.
NXP Semiconductors was formed in 2006 and is a Dutch semiconductor manufacturing and design firm with headquarters in Eindhoven, Netherlands. It is a global semiconductor company, which designs semiconductors and software for mobile. It widely targets automotive IoT mobile communications and infrastructure markets. The company is a true leader in the end market.
Impinj, Inc. was founded in 2000 and is headquartered in Seattle, Washington. Impinj enables digital transformation from cloud to edge community devices. The product segment that the company caters to is RFID chips, readers, reader chips and antennas and provides various software applications for encoding chips and gathering business intelligence on RFID solutions.
Alien Technology is a manufacturer of RFID technology. The company was founded in 1994 and is headquartered in San Jose, California, having the Alien RFID Solutions Center, in the Dayton, Ohio area, and sales offices in the United States, Europe, and Asia.
Headquartered in Los Angeles, California, Mojix was founded in 2004 by some of the world's foremost experts in advanced signal processing technology perfected for deep space communications. Mojix’s vertical cloud technologies help retailers scale edge locations quickly without sacrificing visibility and security—allowing retail applications and features to trickle down into the hands of retail employees and customers as needed.
Confidex Limited was founded in 2005 and is Headquartered in Tampere, Pirkanmaa, Finland. Confidex Smart Industries has become the trusted partner for system integrators and end-users of high-performing short-range wireless products to enable Industrial IoT technologies throughout the world.
The company was founded in 2007 and is headquartered in Rochester, New York, United States, Omni-ID is a vendor of passive UHF Radio-frequency identification tags. Founded in 2007 as Omni-ID, Ltd., its products are a range of RFID Tags designed to operate in all environments, including on metal and liquids.
The company was founded in 1993 and is headquartered in China. Invengo Information Technology Co., Ltd is a China-based company, principally engaged in the development of radio frequency identification (RFID) technology and system solutions, as well as the manufacture and distribution of RFID products.
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