Global RFID Cards Market Growth 2023-2029

Global RFID Cards Market Growth 2023-2029

The global RFID Cards market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for RFID Cards is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for RFID Cards is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for RFID Cards is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key RFID Cards players cover NXP Semiconductors, Alien Technology, Impinj,Inc, Avery Dennison Corp, Pepperl+Fuchs, PrintPlast, Lodging Access Systems Inc, Dipole RFID and smart-TEC GmbH&Co.KG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

RFID, or Radio-Frequency Identification, is a technology that uses radio waves to communicate between a reader and a passive RFID tag or card. The RFID card, also known as a transponder, contains a microchip that stores and processes information, as well as an antenna that transmits and receives the radio signals. There are several types of RFID chips available, each with different capabilities and characteristics.

Ultra-High-Frequency (UHF) RFID chips, which operate at frequencies between 300 MHz and 3 GHz. They have a read range of up to 10 meters and are often used for inventory tracking and supply chain management. Active RFID tags have own power source and can have much larger range and transmit much more data.

Low-Frequency (LF) RFID chips, which operate at frequencies between 30 kHz and 300 kHz. They have a short read range of a few centimeters and are typically used for applications such as access control and animal identification.Low frequency RFID Cards mostly called “Proximity Cards” are usually used in identification and access control applications. LF cards have lower read range and communication speeds than other RFID Card types and the most common chips offer low-cost and low-security solutions where a simple UID or identification key is required.High Frequency RFID Cards (HF)

High frequency is the most diverse category of contactless and RFID smart card and is used as ID cards, access control, payments and loyalty cards, transport and ticketing. 13.56Mhz HF cards are complied by ISO/IEC 14443A/B or ISO/IEC 15693 standards and range from simple fixed memory to high security Java and PKI processor cards.Ultra High Frequency RFID Cards (UHF) follows the EPCglobal Gen2 standard and uses the 850—960Mhz frequency band to provide long-range data transfer (up to 10m) compared to LF or HF cards. UHF labels and tags are used extensively in warehousing and product tracking while UHF cards are popular choice for location and attendance tracking applications.

LPI (LP Information)' newest research report, the “RFID Cards Industry Forecast” looks at past sales and reviews total world RFID Cards sales in 2022, providing a comprehensive analysis by region and market sector of projected RFID Cards sales for 2023 through 2029. With RFID Cards sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world RFID Cards industry.

This Insight Report provides a comprehensive analysis of the global RFID Cards landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on RFID Cards portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global RFID Cards market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for RFID Cards and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global RFID Cards.

This report presents a comprehensive overview, market shares, and growth opportunities of RFID Cards market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Low Frequency RFID Cards(LF)
High Frequency RFID Cards(HF)
Ultra High Frequency RFID Cards(UHF)

Segmentation by application
Access Control
Inventory Tracking
Asset Tracker
Contactless Payment
Public Transit
ID Card

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NXP Semiconductors
Alien Technology
Impinj,Inc
Avery Dennison Corp
Pepperl+Fuchs
PrintPlast
Lodging Access Systems Inc
Dipole RFID
smart-TEC GmbH&Co.KG
Microchip Technology
STMicroelectronics
SONY

Key Questions Addressed in this Report

What is the 10-year outlook for the global RFID Cards market?

What factors are driving RFID Cards market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do RFID Cards market opportunities vary by end market size?

How does RFID Cards break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.