RFID Readers and Tags Market to Touch $8.9bn by 2015

Monday 03 Jan 2011

Hyderabad (Industry Experts), 03 Jan 2011 — Industry Experts, a multi industry focused market research firm, has today unveiled a new market research report 'RFID Readers and Tags - A Global Market Overview'.

The recent times have witnessed considerable advancements in RFID technology, which have contributed to an increase in its capabilities and, at the same time, a decline in component costs. The RFID market has evolved into complying with standards and regulations, with a major emphasis on revenue generation and innovation. RFID applications offer innovation in the form of inventory tracking on a real-time basis, which can be used for production, storage, shipping and distribution. Primary driving factors for RFID technology buyers are enhanced functionality and return on investment.

RFID Readers and Tags are analyzed in this study in terms of both market value and unit shipments for the period 2007-2015. The report also explores the consumption of the above mentioned RFID equipment, in terms of unit shipments across the major global regions, by end-use industry comprising Aerospace/Defense, Healthcare, Transport/Automotive, Retail and Other. The global market for RFID Readers and Tags is projected to reach US$8.9 billion by 2015, growing by a modest CAGR of 16.5% during the period 2007-2015.

This report reviews and analyses the worldwide market for RFID Tags and Readers. Rich statistical analysis is carried out for the global and the regional markets including North America, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 12 independent countries across North America - the United States and Canada; Europe - France, Germany, Italy, the United Kingdom and Rest of Europe; Asia-Pacific - Australia, China, India, Japan, Malaysia, Taiwan and Rest of Asia-Pacific.

This 200 page global market report includes 135 rich data tables, supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the global market value by geographic regions for RFID Readers and Tags. The report also profiles 38 key global players and 59 major players across North Americas - 35; Europe - 12; and Asia-Pacific - 12. The report also provides the listing of the companies engaged in research and development, equipment manufacturing, supplies and distribution of RFID equipment, services and software. The global list covers the addresses, contact numbers and the website addresses of 170 companies.

For more details, please visit http://industry-experts.com/verticals/general/rfid-readers-and-tags-a-global-market-overview.html

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