Market Overview:
The global UHF RFID tags market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for RFID tags across various applications, such as retail, asset management/inventory/documents, logistics, and others. In addition, the growing adoption of UHF RFID technology by various end-use industries is also contributing to the growth of this market. Based on type, the global UHF RFID tags market can be segmented into UHF dry inlay RFID tags and UHF wet inlay RFID tags. The demand for dry inlayRFIDtags is higher than that for wet inlayRFIDs Tags owingto their low cost and easy installation process.
Product Definition:
UHF RFID Tags are small, wireless devices that can be attached to or incorporated into objects and used to identify and track them. UHF RFID Tags use radio waves to communicate with readers, which can be located up to several feet away. This makes them suitable for tracking large items such as pallets, containers, and vehicles.
UHF Dry Inlay RFID Tags:
UHF dry inlay RFID tags are low-cost, thin and light passive tags that are used for inventory control. They consist of a thin aluminum foil substrate upon which an RFID chip is printed. The UHF dry inlay RFITags have several advantages over conventional barcode systems such as high read range (up to 10 meters), robustness against adverse environmental conditions, cost effectiveness and easy installation & maintenance among others.
UHF Wet Inlay RFID Tags:
UHF wet inlay RFID tags are small, thin and lightweight metallic labels that are directly printed on the surface of the product to be marked. They can be applied to any smooth, non-porous surface such as metal or plastic. The major advantage of this technology is that there is no need for a reader since the data is embedded in the tag itself.
Application Insights:
The retail segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The increasing use of RFID technology for inventory management, product tracking, and customer profiling has led to an increased demand in this sector. Moreover, with the growing adoption of e-commerce across various sectors such as retail, food & beverages and consumer goods; there has been a significant rise in the number of transactions conducted online which further boosts industry growth.
The logistics segment is anticipated to register a notable CAGR during the forecast period owing to increasing investments by companies such as DHL andFedEx for improving their services quality along with cost-effectiveness. Furthermore, rising cross-border trade coupled with rapid urbanization results in uneven distribution patterns which necessitates frequent shipments making it susceptible to damage or loss leadingto increased investment by companies such as UPSand DHLfor RFID solutions that can help them improve their operations efficiency while reducing costs.
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 increasing government initiatives, rising adoption of RFID technology, and growing demand for cost-effective tags from several industries. For instance, in October 2016, Walmart Inc., one of the largest retailers in North America with over 3 million employees and 2 million customers at each store opened its first stores that used UHF RFID tags for inventory management system instead of using barcodes which resulted into saving more than billion over 10 years from 2005 levels.
The Asia Pacific regional market is anticipated to witness significant growth during the forecast period owing to increasing investments by governments.
Growth Factors:
- Increasing demand for UHF RFID tags from the retail sector for inventory management and tracking purposes
- Proliferation of Internet of Things (IoT) and increasing number of connected devices, which is expected to drive the demand for UHF RFID tags
- Growing adoption of UHF RFID tags in automotive industry for vehicle identification and tracking purposes
- Rising demand from healthcare sector for use in patient identification, tracking, and monitoring applications
- Increasing popularity of Radio Frequency Identification (RFID)-enabled smart labels across various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
UHF RFID Tags Market Research Report
By Type
UHF Dry Inlay RFID Tags, UHF Wet Inlay RFID Tags
By Application
Retail, Asset Management/Inventory/Documents, Logistics, Others
By Companies
SMARTRAC, Avery Dennison Inc., Shang Yang RFID Technology, Alien Technology, Shanghai Inlay Link, Invengo, XINDECO IOT, D&H SMARTID, Identiv, Junmp Technology, NETHOM, Sense 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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global UHF RFID Tags Market Report Segments:
The global UHF RFID Tags market is segmented on the basis of:
Types
UHF Dry Inlay RFID Tags, UHF Wet Inlay RFID 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
Retail, Asset Management/Inventory/Documents, Logistics, 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:
- SMARTRAC
- Avery Dennison Inc.
- Shang Yang RFID Technology
- Alien Technology
- Shanghai Inlay Link
- Invengo
- XINDECO IOT
- D&H SMARTID
- Identiv
- Junmp Technology
- NETHOM
- Sense Technology
Highlights of The UHF 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:
- UHF Dry Inlay RFID Tags
- UHF Wet Inlay RFID Tags
- By Application:
- Retail
- Asset Management/Inventory/Documents
- Logistics
- 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 UHF 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.
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
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?
UHF RFID tags are small, low-power RFID tags that use UHF frequencies. They are often used in proximity cards, access control systems, and other applications where low power is important.
Some of the major companies in the uhf rfid tags market are SMARTRAC, Avery Dennison Inc., Shang Yang RFID Technology, Alien Technology, Shanghai Inlay Link, Invengo, XINDECO IOT, D&H SMARTID, Identiv, Junmp Technology, NETHOM, Sense Technology.
The uhf rfid tags market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. UHF 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. UHF 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. UHF RFID Tags Market - Supply Chain
4.5. Global UHF RFID Tags Market Forecast
4.5.1. UHF RFID Tags Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. UHF RFID Tags Market Size (000 Units) and Y-o-Y Growth
4.5.3. UHF RFID Tags Market Absolute $ Opportunity
5. Global UHF 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. UHF RFID Tags Market Size and Volume Forecast by Type
5.3.1. UHF Dry Inlay RFID Tags
5.3.2. UHF Wet Inlay RFID Tags
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global UHF 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. UHF RFID Tags Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Asset Management/Inventory/Documents
6.3.3. Logistics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global UHF 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. UHF 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 UHF 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. UHF 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 UHF RFID Tags Demand Share Forecast, 2019-2026
9. North America UHF 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 UHF 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 UHF RFID Tags Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Asset Management/Inventory/Documents
9.4.3. Logistics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America UHF RFID Tags Market Size and Volume Forecast by Type
9.7.1. UHF Dry Inlay RFID Tags
9.7.2. UHF Wet Inlay RFID 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 UHF RFID Tags Demand Share Forecast, 2019-2026
10. Latin America UHF 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 UHF 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 UHF RFID Tags Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Asset Management/Inventory/Documents
10.4.3. Logistics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America UHF RFID Tags Market Size and Volume Forecast by Type
10.7.1. UHF Dry Inlay RFID Tags
10.7.2. UHF Wet Inlay RFID 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 UHF RFID Tags Demand Share Forecast, 2019-2026
11. Europe UHF 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 UHF 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 UHF RFID Tags Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Asset Management/Inventory/Documents
11.4.3. Logistics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe UHF RFID Tags Market Size and Volume Forecast by Type
11.7.1. UHF Dry Inlay RFID Tags
11.7.2. UHF Wet Inlay RFID Tags
11.8. Basis 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 UHF RFID Tags Demand Share, 2019-2026
12. Asia Pacific UHF 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 UHF 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 UHF RFID Tags Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Asset Management/Inventory/Documents
12.4.3. Logistics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific UHF RFID Tags Market Size and Volume Forecast by Type
12.7.1. UHF Dry Inlay RFID Tags
12.7.2. UHF Wet Inlay RFID 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 UHF RFID Tags Demand Share, 2019-2026
13. Middle East & Africa UHF 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 UHF 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 UHF RFID Tags Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Asset Management/Inventory/Documents
13.4.3. Logistics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa UHF RFID Tags Market Size and Volume Forecast by Type
13.7.1. UHF Dry Inlay RFID Tags
13.7.2. UHF Wet Inlay RFID 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 UHF RFID Tags Demand Share, 2019-2026
14. Competition Landscape
14.1. Global UHF RFID Tags Market: Market Share Analysis
14.2. UHF RFID Tags Distributors and Customers
14.3. UHF RFID Tags Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SMARTRAC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Avery Dennison 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. Shang Yang RFID Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Alien Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shanghai Inlay Link
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Invengo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. XINDECO IOT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. D&H SMARTID
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Identiv
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Junmp Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NETHOM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sense Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
