Market Overview:
RFID handheld readers are portable devices that can read RFID tags. These devices come in different types such as LF, HF, and UHF RFID handheld readers. The global RFID handheld reader market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of the market is mainly attributed to the increasing adoption of RFID technology across various industries and growing demand for automated data collection solutions. The global RFID handheld reader market by type is segmented into LF, HF, and UHF RFID handheld readers. The LF segment accounted for the largest share of the global market in 2017 owing to its low cost and wide acceptance among end-users. However, the HF segment is expected to grow at a higher CAGR during the forecast period due to its advantages such as high data transfer rates and longer read ranges as compared with LF tags. The global RFID handheld reader market by application is divided into transportation & logistics, retail, medical, manufacturing, and others segments.
Product Definition:
RFID handheld reader is a portable device used to read RFID tags. It is important for retailers to use RFID handheld readers to detect and prevent theft of merchandise.
LF RFID Handheld Reader:
The global LF RFID handheld reader market size was valued at USD 4.0 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for low-frequency, high-range (Long Range) wireless identification and location systems used in various applications such as supply chain management, fleet tracking & monitoring, personnel tracking & monitoring among others.
HF RFID Handheld Reader:
HF RFID handheld reader is a device used for automatic identification and tracking of objects. It works on the principle of electromagnetic induction, which enables it to scan tags embedded in products. The product information is stored in an internal memory that can be retrieved when the device is connected to a computer via a USB port.
Application Insights:
The manufacturing segment dominated the global market in 2017. The use of RFID technology for inventory and asset tracking in manufacturing facilities has proven to be a successful initiative as it helps manufacturers to reduce their stock levels, improve production efficiency, enhance safety and security, and track & trace product movements. The retail sector is also expected to witness considerable growth over the forecast period owing to increasing adoption of these devices for marketing, product management & development, price monitoring sales floor operations at both online as well as offline stores.
RFID handheld readers are used extensively across transportation & logistics sectors owing to its ability provide real-time location information about vehicles or containers with high accuracy (to within 5 meters). This information can be used directly by operators for improving overall supply chain management thereby driving industry growth.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to early adoption of RFID technology and presence of a large number of prominent players in the region. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing government initiatives for implementation of advanced technologies such as RFID across various industries. In addition, rising penetration of retail outlets and rapid growth in e-commerce industry are also contributing towards increased demand for RFID handheld readers in APAC region. Moreover, growing awareness about security issues associated with traditional methods used for tracking products throughout their life cycle will drive product demand further.
The Latin American regional market accounted for a significant share owing to early adoption by several logistics providers operating within Brazil.
Growth Factors:
- Increasing demand for RFID handheld readers in the retail sector for inventory management and tracking purposes.
- Proliferation of RFID technology across various industry verticals, which is driving the demand for RFID handheld readers.
- Growing demand from small and medium businesses (SMBs) for cost-effective and efficient RFID solutions.
- Increasing adoption of cloud-based applications among enterprises, which is boosting the growth of the RFID handheld reader market.
Scope Of The Report
Report Attributes
Report Details
Report Title
RFID Handheld Reader Market Research Report
By Type
LF RFID Handheld Reader, HF RFID Handheld Reader, UHF RFID Handheld Reader
By Application
Transportation & Logistics, Retail, Medical, Manufacturing, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global RFID Handheld Reader Market Report Segments:
The global RFID Handheld Reader market is segmented on the basis of:
Types
LF RFID Handheld Reader, HF RFID Handheld Reader, UHF RFID Handheld Reader
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation & Logistics, Retail, Medical, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The RFID Handheld Reader Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LF RFID Handheld Reader
- HF RFID Handheld Reader
- UHF RFID Handheld Reader
- By Application:
- Transportation & Logistics
- Retail
- Medical
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the RFID Handheld Reader Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
RFID handheld readers are small, lightweight devices that can be used to read RFID tags. They typically have a built-in antenna and a display screen that allows users to view information about the tag, such as its serial number or manufacturer name. Handheld readers can also be used to write data onto RFID tags, which is useful for creating identification cards or tracking inventory.
Some of the major companies in the rfid handheld reader market are 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.
The rfid handheld reader market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 RFID Handheld Reader Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 RFID Handheld Reader Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 RFID Handheld Reader Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the RFID Handheld Reader Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global RFID Handheld Reader Market Size & Forecast, 2020-2028 4.5.1 RFID Handheld Reader Market Size and Y-o-Y Growth 4.5.2 RFID Handheld Reader Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LF RFID Handheld Reader
5.2.2 HF RFID Handheld Reader
5.2.3 UHF RFID Handheld Reader
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation & Logistics
6.2.2 Retail
6.2.3 Medical
6.2.4 Manufacturing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RFID Handheld Reader Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 RFID Handheld Reader Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LF RFID Handheld Reader
9.6.2 HF RFID Handheld Reader
9.6.3 UHF RFID Handheld Reader
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation & Logistics
9.10.2 Retail
9.10.3 Medical
9.10.4 Manufacturing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LF RFID Handheld Reader
10.6.2 HF RFID Handheld Reader
10.6.3 UHF RFID Handheld Reader
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation & Logistics
10.10.2 Retail
10.10.3 Medical
10.10.4 Manufacturing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LF RFID Handheld Reader
11.6.2 HF RFID Handheld Reader
11.6.3 UHF RFID Handheld Reader
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation & Logistics
11.10.2 Retail
11.10.3 Medical
11.10.4 Manufacturing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LF RFID Handheld Reader
12.6.2 HF RFID Handheld Reader
12.6.3 UHF RFID Handheld Reader
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation & Logistics
12.10.2 Retail
12.10.3 Medical
12.10.4 Manufacturing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LF RFID Handheld Reader
13.6.2 HF RFID Handheld Reader
13.6.3 UHF RFID Handheld Reader
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation & Logistics
13.10.2 Retail
13.10.3 Medical
13.10.4 Manufacturing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 RFID Handheld Reader Market: Competitive Dashboard
14.2 Global RFID Handheld Reader Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zebra
14.3.2 Honeywell
14.3.3 Denso Wave
14.3.4 Sense Technology
14.3.5 Jiangsu SEUIC Technology
14.3.6 Feig Electronics
14.3.7 Invengo Technology
14.3.8 Bluebird
14.3.9 Unitech
14.3.10 TSL
14.3.11 JADAK
14.3.12 Alien Technology
14.3.13 TURCK
14.3.14 Chainway
14.3.15 Cipher Lab
14.3.16 Convergence Systems Limited (CSL)
14.3.17 Chafon group
14.3.18 Nordic ID