RFID Smart Cabinet

RFID Smart Cabinet

Global RFID Smart Cabinets Market to Reach $1.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for RFID Smart Cabinets estimated at US$594.3 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 9.8% over the period 2020-2027.

The U.S. Market is Estimated at $171.2 Million, While China is Forecast to Grow at 9.1% CAGR

The RFID Smart Cabinets market in the U.S. is estimated at US$171.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$198.3 Million by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 8.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.

Select Competitors (Total 44 Featured) -

• GRIFOLS
• Invengo Technology BV
• LogiTag Systems
• Mobile Aspects Inc.
• Nexess
• SATO Vicinity
• SkyeTek
• Skytron
• Solstice Medical
• TAGSYS RFID
• Terson Solutions
• WaveMark, Inc.

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