Market Overview:
The global integrated circuit tag (IC label) 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 IC labels from various end-use industries, such as food, medicine, cosmetics, and industrial. In addition, the growing awareness about product safety and security is also fueling the demand for IC labels globally. Based on type, the global integrated circuit tag (IC label) market can be segmented into active and passive tags. Active tags are more expensive than passive tags but offer better performance in terms of range and data transmission rate. Passive tags are cheaper but have a shorter range than active tags. Based on application, the global IC label market can be segmented into food packaging applications; pharmaceuticals packaging applications; personal care products packaging applications; industrial products labeling applications; and other applications including automotive components labeling & tracking etc.).
 Industry Outlook.svg)
Product Definition:
An integrated circuit tag (IC label) is a small, adhesive-backed device that contains a unique serial number and other information about an electronic component. The tag can be used to identify the component during manufacturing, assembly, and service.
Active:
The global IC tag market size was valued at USD 3.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Active is one such technology that has been witnessing significant growth in recent years, owing to its increasing usage for security purposes in consumer electronics devices such as mobile phones and tablets, coupled with growing concerns regarding personal data protection across the globe.
Passive:
Passive components are used in integrated circuit tag (IC label) market for various applications such as, IC packaging, passive component protection and detection of counterfeit devices. The major application areas of the passive components include consumer electronics & semiconductors and security equipment.
The global Passive component's market was valued at USD 6,867.1 million in 2016.
Application Insights:
The others application segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing use of IC tags for tracking inventory across supply chains on account of their low cost, high accuracy, and ease of use.
The food application segment accounted for a significant share in 2017 due to its extensive usage in various industries including pharmaceuticals, personal care & cosmetics among others. The medicine segment is expected witness lucrative growth over the forecast period owing to its growing adoption across several end-use industries such as healthcare among others. IC labels are used as part number identification tools during manufacturing process which helps maintain quality control standards and ensure proper product traceability throughout the supply chain network.
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 increasing R&D investments by key companies and their efforts to commercialize products at a relatively early stage. Europe accounted for over 20% of the total revenue share in 2017, which is anticipated to decline gradually over the forecast period owing to an aging infrastructure and growing product counterfeiting & piracy concerns across various countries including Germany, Italy, Spain, U.K., Russia among others.
Asia Pacific is projected to witness lucrative growth during the same period due rising healthcare expenditure along with improving living standards & consumer awareness regarding personal hygiene practices leading towards increased demand for pharmaceuticals.
Growth Factors:
- Increasing demand for IC labels in the retail sector for product authentication and inventory management
- Proliferation of Radio-frequency identification (RFID) technology across various industry verticals
- Growing popularity of IC labels among consumers for easy identification of products
- Rising need for traceability and transparency in supply chains across the globe
- Increasing investments by market players to develop innovative IC label solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Circuit Tag (IC Label) Market Research Report
By Type
Active, Passive
By Application
Food, Medicine, Cosmetics, Industrial, Others
By Companies
Alien Technology, Atmel, Confidex Ltd, GAO RFID, HID Global Corporation, RF Code, Honeywell International, CoreRFID, Omni-ID, Ageos, Invengo Information Technology, NXP Semiconductors N.V., Smartrac N.V., The Tag Factory, Liujiayi Intelligent Technology
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Integrated Circuit Tag (IC Label) Market Report Segments:
The global Integrated Circuit Tag (IC Label) market is segmented on the basis of:
Types
Active, Passive
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
Food, Medicine, Cosmetics, Industrial, 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:
- Alien Technology
- Atmel
- Confidex Ltd
- GAO RFID
- HID Global Corporation
- RF Code
- Honeywell International
- CoreRFID
- Omni-ID
- Ageos
- Invengo Information Technology
- NXP Semiconductors N.V.
- Smartrac N.V.
- The Tag Factory
- Liujiayi Intelligent Technology
 Market Overview.svg)
Highlights of The Integrated Circuit Tag (IC Label) 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:
- Active
- Passive
- By Application:
- Food
- Medicine
- Cosmetics
- Industrial
- 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 Integrated Circuit Tag (IC Label) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
An IC tag is a small, rectangular sticker that is affixed to an integrated circuit. The IC tag contains information about the chip, such as its manufacturer and model number.
Some of the major players in the integrated circuit tag (ic label) market are Alien Technology, Atmel, Confidex Ltd, GAO RFID, HID Global Corporation, RF Code, Honeywell International, CoreRFID, Omni-ID, Ageos, Invengo Information Technology, NXP Semiconductors N.V., Smartrac N.V., The Tag Factory, Liujiayi Intelligent Technology.
The integrated circuit tag (ic label) market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Integrated Circuit Tag (IC Label) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Integrated Circuit Tag (IC Label) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Integrated Circuit Tag (IC Label) Market - Supply Chain
4.5. Global Integrated Circuit Tag (IC Label) Market Forecast
4.5.1. Integrated Circuit Tag (IC Label) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Integrated Circuit Tag (IC Label) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Integrated Circuit Tag (IC Label) Market Absolute $ Opportunity
5. Global Integrated Circuit Tag (IC Label) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Type
5.3.1. Active
5.3.2. Passive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Integrated Circuit Tag (IC Label) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Medicine
6.3.3. Cosmetics
6.3.4. Industrial
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Integrated Circuit Tag (IC Label) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Integrated Circuit Tag (IC Label) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Integrated Circuit Tag (IC Label) Demand Share Forecast, 2019-2026
9. North America Integrated Circuit Tag (IC Label) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Medicine
9.4.3. Cosmetics
9.4.4. Industrial
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Type
9.7.1. Active
9.7.2. Passive
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Integrated Circuit Tag (IC Label) Demand Share Forecast, 2019-2026
10. Latin America Integrated Circuit Tag (IC Label) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Medicine
10.4.3. Cosmetics
10.4.4. Industrial
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Type
10.7.1. Active
10.7.2. Passive
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Integrated Circuit Tag (IC Label) Demand Share Forecast, 2019-2026
11. Europe Integrated Circuit Tag (IC Label) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Medicine
11.4.3. Cosmetics
11.4.4. Industrial
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Type
11.7.1. Active
11.7.2. Passive
11.8. Bais Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Integrated Circuit Tag (IC Label) Demand Share, 2019-2026
12. Asia Pacific Integrated Circuit Tag (IC Label) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Medicine
12.4.3. Cosmetics
12.4.4. Industrial
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Type
12.7.1. Active
12.7.2. Passive
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Integrated Circuit Tag (IC Label) Demand Share, 2019-2026
13. Middle East & Africa Integrated Circuit Tag (IC Label) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Integrated Circuit Tag (IC Label) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Medicine
13.4.3. Cosmetics
13.4.4. Industrial
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Integrated Circuit Tag (IC Label) Market Size and Volume Forecast by Type
13.7.1. Active
13.7.2. Passive
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Integrated Circuit Tag (IC Label) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Integrated Circuit Tag (IC Label) Market: Market Share Analysis
14.2. Integrated Circuit Tag (IC Label) Distributors and Customers
14.3. Integrated Circuit Tag (IC Label) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alien Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atmel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Confidex Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GAO RFID
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HID Global Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RF Code
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honeywell International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CoreRFID
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Omni-ID
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ageos
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Invengo Information Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NXP Semiconductors N.V.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Smartrac N.V.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. The Tag Factory
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Liujiayi Intelligent Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
