Global Passive RFID Tags Market is expected to grow at a CAGR of 7.2% during the forecast period, to reach USD 3.5 billion by 2030 from USD 2.4 billion in 2018. The growth of the market can be attributed to factors such as increasing adoption of RFID tags in various industries and growing demand for RFID tags with better performance and lower cost.
The global passive RFID tags market is segmented on the basis of type, application, and region. On the basis of type, it is classified into inlays and hard tags; on the basis of application, it is classified into health care, retail, aerospace & automotive industry (A&A), maritime industry (M), oil & gas industry (O&G), surveillance & security industry (S&S), logistics & supply chain industry (L&SC) and others; on the basis of region it includes North America (NA), Latin America (LA), Europe(EU) Asia Pacific(APAC) Middle East & Africa(MEA).
Some Of The Growth Factors Of This Market:
- The RFID tags are used in various industries such as retail, healthcare, and manufacturing.
- The RFID tags are used to track the inventory of goods and monitor the movement of goods from one location to another.
- The RFID tags can be read by a reader without any physical contact with the tag which makes it more convenient for reading than barcodes or QR codes which need physical contact with a scanner for reading them.
- The passive RFID tags have no battery and hence they do not require charging or replacement.
- Passive RFID tags are cheaper than active ones.
Industry Growth Insights published a new data on “Passive RFID Tags Market”. The research report is titled “Passive RFID Tags Market research by Types (Inlays, Hard Tags), By Applications (Health Care, Retail, Aerospace and Automotive, Maritime, Oil and Gas, Surveillance and Security, Logistics and Supply-chain, Others), By Players/Companies Honeywell, GAO RFID Inc., HID Global Corporation, Impinj, Inc., Smartrac N.V., The Tag Factory, Invengo Information Technology, Alien Technology, CoreRFID, InfinIDTech, Skyrfid, Omni-ID, OrangeTags, Dahua Technology, ChuanDa KeHong New Technology, Beijing Tangan, Guangdong Xinye”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Passive RFID Tags Market Research Report
By Type
Inlays, Hard Tags
By Application
Health Care, Retail, Aerospace and Automotive, Maritime, Oil and Gas, Surveillance and Security, Logistics and Supply-chain, Others
By Companies
Honeywell, GAO RFID Inc., HID Global Corporation, Impinj, Inc., Smartrac N.V., The Tag Factory, Invengo Information Technology, Alien Technology, CoreRFID, InfinIDTech, Skyrfid, Omni-ID, OrangeTags, Dahua Technology, ChuanDa KeHong New Technology, Beijing Tangan, Guangdong Xinye
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Passive RFID Tags Market Report Segments:
The global Passive RFID Tags market is segmented on the basis of:
Types
Inlays, Hard Tags
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
Health Care, Retail, Aerospace and Automotive, Maritime, Oil and Gas, Surveillance and Security, Logistics and Supply-chain, 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:
- Honeywell
- GAO RFID Inc.
- HID Global Corporation
- Impinj, Inc.
- Smartrac N.V.
- The Tag Factory
- Invengo Information Technology
- Alien Technology
- CoreRFID
- InfinIDTech
- Skyrfid
- Omni-ID
- OrangeTags
- Dahua Technology
- ChuanDa KeHong New Technology
- Beijing Tangan
- Guangdong Xinye
Highlights of The Passive RFID Tags 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:
- Inlays
- Hard Tags
- By Application:
- Health Care
- Retail
- Aerospace and Automotive
- Maritime
- Oil and Gas
- Surveillance and Security
- Logistics and Supply-chain
- 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 Passive RFID Tags 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?
Passive RFID tags are RFID tags that do not require an external power supply. Passive RFID tags are typically used in applications where low power consumption is a priority, such as in passive tag readers or near field communication (NFC) modules.
Some of the major players in the passive rfid tags market are Honeywell, GAO RFID Inc., HID Global Corporation, Impinj, Inc., Smartrac N.V., The Tag Factory, Invengo Information Technology, Alien Technology, CoreRFID, InfinIDTech, Skyrfid, Omni-ID, OrangeTags, Dahua Technology, ChuanDa KeHong New Technology, Beijing Tangan, Guangdong Xinye.
The passive rfid tags market is expected to grow at a compound annual growth rate of 7.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Passive RFID Tags 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. Passive RFID Tags Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Passive RFID Tags Market - Supply Chain
4.5. Global Passive RFID Tags Market Forecast
4.5.1. Passive RFID Tags Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Passive RFID Tags Market Size (000 Units) and Y-o-Y Growth
4.5.3. Passive RFID Tags Market Absolute $ Opportunity
5. Global Passive RFID Tags 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. Passive RFID Tags Market Size and Volume Forecast by Type
5.3.1. Inlays
5.3.2. Hard Tags
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Passive RFID Tags 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. Passive RFID Tags Market Size and Volume Forecast by Application
6.3.1. Health Care
6.3.2. Retail
6.3.3. Aerospace and Automotive
6.3.4. Maritime
6.3.5. Oil and Gas
6.3.6. Surveillance and Security
6.3.7. Logistics and Supply-chain
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Passive RFID Tags 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. Passive RFID Tags 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 Passive RFID Tags 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. Passive RFID Tags 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 Passive RFID Tags Demand Share Forecast, 2019-2026
9. North America Passive RFID Tags 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 Passive RFID Tags 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 Passive RFID Tags Market Size and Volume Forecast by Application
9.4.1. Health Care
9.4.2. Retail
9.4.3. Aerospace and Automotive
9.4.4. Maritime
9.4.5. Oil and Gas
9.4.6. Surveillance and Security
9.4.7. Logistics and Supply-chain
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Passive RFID Tags Market Size and Volume Forecast by Type
9.7.1. Inlays
9.7.2. Hard Tags
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 Passive RFID Tags Demand Share Forecast, 2019-2026
10. Latin America Passive RFID Tags 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 Passive RFID Tags 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 Passive RFID Tags Market Size and Volume Forecast by Application
10.4.1. Health Care
10.4.2. Retail
10.4.3. Aerospace and Automotive
10.4.4. Maritime
10.4.5. Oil and Gas
10.4.6. Surveillance and Security
10.4.7. Logistics and Supply-chain
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Passive RFID Tags Market Size and Volume Forecast by Type
10.7.1. Inlays
10.7.2. Hard Tags
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 Passive RFID Tags Demand Share Forecast, 2019-2026
11. Europe Passive RFID Tags 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 Passive RFID Tags 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 Passive RFID Tags Market Size and Volume Forecast by Application
11.4.1. Health Care
11.4.2. Retail
11.4.3. Aerospace and Automotive
11.4.4. Maritime
11.4.5. Oil and Gas
11.4.6. Surveillance and Security
11.4.7. Logistics and Supply-chain
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Passive RFID Tags Market Size and Volume Forecast by Type
11.7.1. Inlays
11.7.2. Hard Tags
11.8. Basis Pint 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 Passive RFID Tags Demand Share, 2019-2026
12. Asia Pacific Passive RFID Tags 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 Passive RFID Tags 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 Passive RFID Tags Market Size and Volume Forecast by Application
12.4.1. Health Care
12.4.2. Retail
12.4.3. Aerospace and Automotive
12.4.4. Maritime
12.4.5. Oil and Gas
12.4.6. Surveillance and Security
12.4.7. Logistics and Supply-chain
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Passive RFID Tags Market Size and Volume Forecast by Type
12.7.1. Inlays
12.7.2. Hard Tags
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 Passive RFID Tags Demand Share, 2019-2026
13. Middle East & Africa Passive RFID Tags 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 Passive RFID Tags 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 Passive RFID Tags Market Size and Volume Forecast by Application
13.4.1. Health Care
13.4.2. Retail
13.4.3. Aerospace and Automotive
13.4.4. Maritime
13.4.5. Oil and Gas
13.4.6. Surveillance and Security
13.4.7. Logistics and Supply-chain
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Passive RFID Tags Market Size and Volume Forecast by Type
13.7.1. Inlays
13.7.2. Hard Tags
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 Passive RFID Tags Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Passive RFID Tags Market: Market Share Analysis
14.2. Passive RFID Tags Distributors and Customers
14.3. Passive RFID Tags Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GAO RFID Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HID Global Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Impinj, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Smartrac N.V.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The Tag Factory
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Invengo Information Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Alien Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CoreRFID
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. InfinIDTech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Skyrfid
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Omni-ID
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OrangeTags
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dahua Technology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ChuanDa KeHong New 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. Beijing Tangan
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Guangdong Xinye
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
