Global Real-Time Locating Systems Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Real-Time Locating Systems market size was valued at USD 3025.6 million in 2023 and is forecast to a readjusted size of USD 12310 million by 2030 with a CAGR of 22.2% during review period.
Real-Time locating Systems are precise positioning systems that enable user to identify and track objects, people or animals by providing the information through automatic and continuous feedback. It is a fully automated Wi Fi based tracking systems which uses wireless technology such as ultra wideband, RFID, GPS and other to detect presence and location of things and people.
North America is dominating the market of Real-Time Locating Systems due to the presence of global players which offers competitive advantage in this market. The U.S holds largest share of RTLS market in North America followed by Canada and Mexico. RTLS offers wide range of features and companies such as BMW, Aston Martin Lagonda, Airbus, Hewlett Packard, Samsung Electronics and Boeing among others are utilizing RTLS systems in their manufacturing process systems to track various tools. Europe stands as second biggest market due to the growth of healthcare and BFSI industry whereas Asia-Pacific has emerged as fastest growing market due to the growing economies of China and India and high investment of government in defense sector.
The Global Info Research report includes an overview of the development of the Real-Time Locating Systems industry chain, the market status of Retail (RFID, Wi-Fi), Banking (RFID, Wi-Fi), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Real-Time Locating Systems.
Regionally, the report analyzes the Real-Time Locating Systems markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Real-Time Locating Systems market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Real-Time Locating Systems market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Real-Time Locating Systems industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., RFID, Wi-Fi).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Real-Time Locating Systems market.
Regional Analysis: The report involves examining the Real-Time Locating Systems market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Real-Time Locating Systems market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Real-Time Locating Systems:
Company Analysis: Report covers individual Real-Time Locating Systems players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Real-Time Locating Systems This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Retail, Banking).
Technology Analysis: Report covers specific technologies relevant to Real-Time Locating Systems. It assesses the current state, advancements, and potential future developments in Real-Time Locating Systems areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Real-Time Locating Systems market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Real-Time Locating Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
RFID
Wi-Fi
UWB
GPS
Market segment by Application
Retail
Banking
Manufacturing
Media & Entertainment
Healthcare
Market segment by players, this report covers
Stanley Healthcare (US)
Zebra Technologies Corp. (US)
Ubisense Group PLC. (U.K.)
IMPINJ(US)
Savi Technology (US)
AiRISTA, LLC (US)
CenTrak(US)
Versus Technology(US)
Identec Group AG (Liechtenstein)
Redpine Signals(US)
Decawave Ltd. (Ireland)
Awarepoint Corp. (US)
BeSpoon SAS (France)
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Real-Time Locating Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Real-Time Locating Systems, with revenue, gross margin and global market share of Real-Time Locating Systems from 2019 to 2024.
Chapter 3, the Real-Time Locating Systems competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Real-Time Locating Systems market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Real-Time Locating Systems.
Chapter 13, to describe Real-Time Locating Systems research findings and conclusion.