Market Overview:
The global RFID tester market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for RFID testers from various industries such as agriculture, automotive industry, medical industry, retail industry and others. Additionally, the growing demand for ultra-high frequency (UHF) RFID testers is also contributing to the growth of this market. However, lack of awareness about RFID technology and its applications may restrain the growth of this market during the forecast period.
Product Definition:
An RFID Tester is used to test the functionality of an RFID system. It can be used to test read and write range, as well as tag authenticity.
Low Frequency RFID Tester:
The global low frequency RFID tester market size was valued at USD 6.5 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The increasing demand for inventory management across the globe is one of the key factors driving growth in this industry. In addition, growing awareness about low-frequency RFID technology among retailers and manufacturers has also contributed significantly towards industry growth over the past few years.
High Frequency RFID Tester:
High-frequency RFID tester is a device used to test the real-time performance of high frequency RFID devices. It helps in testing and troubleshooting issues related to these devices such as poor sensitivity, nonfunctional operation, and so on. The primary function of this device is to ensure that the tags are operating at their designed range within the system.
Application Insights:
The RFID technology is widely used in the retail industry to enhance inventory management, improve supply chain visibility and track product movement. The adoption of this technology has helped retailers to reduce shrinkage, increase accuracy of inventory counts and boost operational efficiency.
The automotive industry is one of the major adopters of this technology owing to its benefits such as real-time tracking & monitoring along with a reduction in frauds and thefts caused by moving vehicles or goods on trucks. The use of RFID technologies helps automakers achieve several objectives such as reduced vehicle weight, increased fuel efficiency, reduced carbon emissions from idling vehicles and improved driver safety by reducing driver distraction while driving or parking a vehicle.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as early adoption of RFID technology, presence of major market players, and high demand for inventory tracking solutions among retailers and manufacturers. Moreover, increasing government initiatives are also anticipated to drive regional growth over the next eight years.
Growth Factors:
- Increasing demand for RFID tags and readers in various industries for tracking and managing assets
- Proliferation of Radio Frequency Identification (RFID) technology across different applications
- Growing demand for automated identification and data collection systems
- Rising need to improve inventory management and supply chain efficiency
- Increasing adoption of RFID technology by small businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
RFID Tester Market Research Report
By Type
Low Frequency RFID Tester, High Frequency RFID Tester, Ultra-High Frequency RFID Tester
By Application
Agriculture, Automotive Industry, Medical Industry, Retail Industry, Others
By Companies
BG Ingenierie, MCS Test Equipment, Techno Alpha, Averna, Concentric Technology Solutions, National Instruments, CISC Semiconductor
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global RFID Tester Market Report Segments:
The global RFID Tester market is segmented on the basis of:
Types
Low Frequency RFID Tester, High Frequency RFID Tester, Ultra-High Frequency RFID Tester
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
Agriculture, Automotive Industry, Medical Industry, Retail Industry, 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:
- BG Ingenierie
- MCS Test Equipment
- Techno Alpha
- Averna
- Concentric Technology Solutions
- National Instruments
- CISC Semiconductor
Highlights of The RFID Tester 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:
- Low Frequency RFID Tester
- High Frequency RFID Tester
- Ultra-High Frequency RFID Tester
- By Application:
- Agriculture
- Automotive Industry
- Medical Industry
- Retail Industry
- 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 Tester 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 Tester is a device that can be used to test the RFID tags. It can identify whether the tag is working properly and if it has been tampered with.
Some of the key players operating in the rfid tester market are BG Ingenierie, MCS Test Equipment, Techno Alpha, Averna, Concentric Technology Solutions, National Instruments, CISC Semiconductor.
The rfid tester market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 RFID Tester 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 Tester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 RFID Tester 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 Tester 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 Tester Market Size & Forecast, 2020-2028
4.5.1 RFID Tester Market Size and Y-o-Y Growth
4.5.2 RFID Tester 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 Low Frequency RFID Tester
5.2.2 High Frequency RFID Tester
5.2.3 Ultra-High Frequency RFID Tester
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 Agriculture
6.2.2 Automotive Industry
6.2.3 Medical Industry
6.2.4 Retail Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RFID Tester 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 Tester 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 Low Frequency RFID Tester
9.6.2 High Frequency RFID Tester
9.6.3 Ultra-High Frequency RFID Tester
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 Agriculture
9.10.2 Automotive Industry
9.10.3 Medical Industry
9.10.4 Retail Industry
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 Low Frequency RFID Tester
10.6.2 High Frequency RFID Tester
10.6.3 Ultra-High Frequency RFID Tester
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 Agriculture
10.10.2 Automotive Industry
10.10.3 Medical Industry
10.10.4 Retail Industry
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 Low Frequency RFID Tester
11.6.2 High Frequency RFID Tester
11.6.3 Ultra-High Frequency RFID Tester
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 Agriculture
11.10.2 Automotive Industry
11.10.3 Medical Industry
11.10.4 Retail Industry
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 Low Frequency RFID Tester
12.6.2 High Frequency RFID Tester
12.6.3 Ultra-High Frequency RFID Tester
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 Agriculture
12.10.2 Automotive Industry
12.10.3 Medical Industry
12.10.4 Retail Industry
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 Low Frequency RFID Tester
13.6.2 High Frequency RFID Tester
13.6.3 Ultra-High Frequency RFID Tester
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 Agriculture
13.10.2 Automotive Industry
13.10.3 Medical Industry
13.10.4 Retail Industry
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 Tester Market: Competitive Dashboard
14.2 Global RFID Tester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BG Ingenierie
14.3.2 MCS Test Equipment
14.3.3 Techno Alpha
14.3.4 Averna
14.3.5 Concentric Technology Solutions
14.3.6 National Instruments
14.3.7 CISC Semiconductor
