Global RFID Handheld Reader Market Growth 2023-2029

Global RFID Handheld Reader Market Growth 2023-2029

An RFID reader, also known as an interrogator, is a device that provides the connection between the tag data and the enterprise system software that needs the information. The reader communicates with tags that are within its field of operation, performing any number of tasks including simple continuous inventorying, filtering (searching for tags that meet certain criteria), writing (or encoding) to select tags, etc. The reader uses an attached antenna to capture data from tags. It then passes the data to a computer for processing. Just like RFID tags, there are many different sizes and types of RFID readers. Readers can be affixed in a stationary position in a store or factory, or integrated into a mobile device such as a portable, handheld scanner. In this report, we focus on the handheld type RFID reader.
LPI (LP Information)' newest research report, the “RFID Handheld Reader Industry Forecast” looks at past sales and reviews total world RFID Handheld Reader sales in 2022, providing a comprehensive analysis by region and market sector of projected RFID Handheld Reader sales for 2023 through 2029. With RFID Handheld Reader sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world RFID Handheld Reader industry.
This Insight Report provides a comprehensive analysis of the global RFID Handheld Reader 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 Handheld Reader portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global RFID Handheld Reader market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for RFID Handheld Reader 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 Handheld Reader.
The global RFID Handheld Reader market size is projected to grow from US$ 1771.1 million in 2022 to US$ 3390.3 million in 2029; it is expected to grow at a CAGR of 3390.3 from 2023 to 2029.
In the global RFID handheld reader market, the main companies are Zebra, Honeywell, Sense Technology and Invengo Technology. The top 2 companies hold a share about 50%. The main regions are North America and China, with a market share close to 65%. UHF RFID Handheld Reader has the largest market share in the RFID handheld reader segment, close to 70%. The application scenarios of RFID handheld readers are mainly concentrated in transportation and logistics, with a market share of close to 37%.
This report presents a comprehensive overview, market shares, and growth opportunities of RFID Handheld Reader market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
LF RFID Handheld Reader
HF RFID Handheld Reader
UHF RFID Handheld Reader
Segmentation by application
Transportation & Logistics
Retail
Medical
Manufacturing
Others
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.
Zebra
Honeywell
Denso Wave
Sense Technology
Jiangsu SEUIC Technology
Feig Electronics
Invengo Technology
Bluebird
Unitech
TSL
JADAK
Alien Technology
TURCK
Chainway
Cipher Lab
Convergence Systems Limited (CSL)
Chafon group
Nordic ID

Key Questions Addressed in this Report
What is the 10-year outlook for the global RFID Handheld Reader market?
What factors are driving RFID Handheld Reader market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do RFID Handheld Reader market opportunities vary by end market size?
How does RFID Handheld Reader 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.