Chipless RFID Market, by Component Type (Direct Thermal and Thermal Transfer), by Industry (Retail & Consumer Goods, Logistics & Manufacturing, Healthcare, Government, Aerospace & Defense, and Others), and by Geography (North America, Europe, Asia Pacific

Chipless RFID Market, by Component Type (Direct Thermal and Thermal Transfer), by Industry (Retail & Consumer Goods, Logistics & Manufacturing, Healthcare, Government, Aerospace & Defense, and Others), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

A chipless RFID is a type of RFID tag that does not use microchip transponder, instead it uses radiofrequency (RF) energy to communicate data. Chipless radiofrequency identification (RFID) is a next-generation technology that uses radiofrequency (RF) energy to transfer data. Chipless RFID is touted to replace optical barcode, owing to various benefits such as flexibility in its functioning, adaptability in the application, and large data carrying capacity. The chipless RFID tags offer various advantages such as animal tracking, smart tickets, anti-forgery, asset tracking, and security to high volume documents.
Market Dynamics
Increasing demand for efficient supply chain management has increased the adoption of chipless RFID tags significantly in the recent past. Chipless RFID tags can store detailed information up to 2KB associated with the tagged products. The prices and other details of the product are automatically recorded when the consumer approaches the counter, without screening every product, eventually saving time of the consumer. Furthermore, it enables the cost tally in a signal scan, which also saves time for the user as well as product retailers. Such advancements in technology have encouraged retail and manufacturing organizations to adopt chipless RFID tags for their respective products.
However, low memory capacity of RFID tags is expected to restrain the global chipless RFID market growth over the forecast period
Market Taxonomy
This report segments the global chipless RFID market on the basis of component type and industry. On the basis of component type, the global chipless RFID market is RFID tags, RFID reader, and RFID middleware. On the basis of industry, the market is segmented into retail & consumer goods, logistics & manufacturing, healthcare, government, aerospace & defense, and others.
Key features of the study:
This report provides an in-depth analysis of the global chipless RFID market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global chipless RFID market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Zebra Technologies Corporation, Spectra Systems, Molex Inc., Xerox Corporation, Politronica Inkjet Printing S.r.l., Vubiq Networks Inc., Thin Film Electronics ASA, and TagSense Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global chipless RFID market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global chipless RFID market.
Detailed Segmentation:
Global Chipless RFID Market, By Component Type:
RFID Tags
RFID Reader
RFID Middleware
Global Chipless RFID Market, By Industry:
Retail & Consumer Goods
Logistics & Manufacturing
Healthcare
Government
Aerospace & Defense
Others
Company Profiles
Zebra Technologies Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Spectra Systems
Molex Inc.
Xerox Corporation
Politronica Inkjet Printing S.r.l.
Vubiq Networks Inc.
Thin Film Electronics ASA
TagSense Inc.
*Browse all the market data tables and figures on "Global Chipless RFID Market - Forecast to 2027”