Global RFID smart cabinet Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global RFID smart cabinet Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

RFID smart cabinets install RFID identification modules inside the equipment through structural design to realize automatic identification, location and use management of stored items. Users can use smart devices to receive and return items through permission settings such as card swiping, face recognition and other methods. At the same time, the system will automatically record the operation time of each item management process and the corresponding status information of the items, improving Manage the efficiency and safety of using items. RFID intelligent management terminal equipment is usually used in fields such as books and archives, aviation tools, medical consumables, warehousing inventory, retail settlement, etc., effectively improving the management level and ease of use of stored items.

Market Overview:

The latest research study on the global RFID smart cabinet market finds that the global RFID smart cabinet market reached a value of USD 519.76 million in 2023. It’s expected that the market will achieve USD 1087.58 million by 2029, exhibiting a CAGR of 13.09% during the forecast period.

The smart cabinet management and control system is a management system used in conjunction with the smart management cabinet. Each item is attached with an RFID tag, and real-time inventory and positioning are achieved through built-in reading and writing equipment to facilitate the search of items. The intelligent management cabinet automatically senses the quantity in the cabinet based on RFID technology and realizes automatic recording of usage, which is convenient and efficient. One object, one code, uses RFID tags to identify a unique ID for each item. Starting from the entry of the item into the system, the unique value of the tag is bound. When in use, the administrator uses fingerprints, card swiping, etc. to open the cabinet door, collect it directly and close the door to automatically record the type, specification, quantity and other information of the items received, and push the corresponding information to the management department.

For RFID smart cabinet products, the stable development of other industries such as hospitals, libraries, laboratories, factories, etc. will continue to drive market growth. With the vigorous development of hospitals, libraries, laboratories, factories and other industries, the application of RFID smart cabinet products continues to be promoted. For RFID smart cabinet manufacturers, the strong and growing demand in the downstream industry provides excellent opportunities for domestic companies. Companies in the industry should focus on the research and development and design of RFID smart cabinets.

Problems with the reading process of RFID smart cabinets

Traditional item management cabinets can only enable users to control the access and return of items in the cabinet, but cannot identify individual items that users specifically take and return, making it impossible for managers to achieve precise management of valuable items. RFID smart cabinets are widely recognized by key departments in various industries because they can achieve precise management of valuables. However, at present, RFID smart cabinets still have performance problems such as recognition accuracy and recognition efficiency. In terms of identification efficiency, smart cabinet readers and tags are prone to collisions when performing forward link activation and backward link demodulation. As a result, in order to ensure the accuracy of the tag counting results when accessing items, smart cabinets must And pay a lot of time. In terms of accuracy, the reading accuracy of smart cabinets is greatly affected by the setting parameters of the reader. The reader/writer parameters have a wide range of frequency, power and duration, and the number of parameter combinations can reach tens of billions. The time cost and equipment cost caused by the exhaustive method cannot be estimated, which affects the accuracy of parameter selection. Problems in the reading process of RFID smart cabinets are one of the factors restricting the development of the industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects

Company Overview:

Mobile Aspects Inc.
Mobile Aspects is a global healthcare software company helping hospitals become safer and more efficient. Mobile Aspects' solutions provide hospitals with RFID-enabled software to help them continuously improve their operations. Now that healthcare has evolved from a volume-based system to a value-based system, Mobile Aspects' approach to helping hospitals achieve the best results in patient safety, regulatory compliance, and cost savings is the most timely and beneficial thing they can offer organizations. one of the solutions.

Omnicell

Omnicell helps healthcare providers help patients. At Omnicell, Omnicell solves complex problems with a simple goal: giving nurses, doctors and pharmacists more time to safely care for people.

Segmentation Overview:

In the future, the development of RFID smart reagent cabinets has great growth potential, and it is expected to account for 54.87% of RFID smart cabinets in 2028.

Application Overview:

The RFID smart cabinet industry can be divided into hospitals, libraries, laboratories, factories, and others according to applications. From the perspective of application fields, hospitals are the largest application market, with the market sales share reaching 62.10% in 2019 and 60.99% in 2023. In 2023, the market shares of libraries, laboratories, and factories will be 6.41%, 11.20%, and 16.91% respectively.

Key Companies in the global RFID smart cabinet market covered in Chapter 3:

Shenzhen SKo Information Technology Co., LTD
Identi Medical
LogiTag
Nexess
Grifols
Cardinal Health
Shenzhen Bowei intelligent identification Technology Co., LTD
Hangzhou Wubi technology Co., LTD
Mobile Aspects Inc.
Shanghai Innei Internet of Things Technology Co., LTD
Guangzhou Rovini Information Technology Co., LTD
Shanghai Ye Xuan Information Technology Co., LTD
Jiangsu Jinzhongtian intelligent Technology Co., LTD
Palex Medical
e-Tag RFID
Shenzhen Zhilai Technology Co., LTD
Omnicell
Lianpeng Application Software (Shanghai) Co., LTD
Intelliguard RFID Solutions
Terso Solutions

In Chapter 4 and Chapter 14.2, on the basis of types, the RFID smart cabinet market from 2019 to 2030 is primarily split into:

RFID smart file cabinet
RFID smart tool cabinet
RFID smart reagent cabinet
other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the RFID smart cabinet market from 2019 to 2030 covers:

nosocomium
library
laboratory
Factory
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)