Impinj, NXP Semiconductors, Alien Technology, ThingMagic: Uncovering the Massive Growth Expected by 2029

2023-10-01 16:01:34

Comprehensive Study Explores Huge Growth in Future By 2029 – Impinj, NXP Semiconductors, Alien Technology, ThingMagic

The global RFID Module market is predicted to experience significant growth from 2023 to 2029, with a compound annual growth rate (CAGR) of 12.1%. The market is expected to grow from USD 18.45 billion in 2023 to USD 35.6 billion in 2029. The increasing demand for inventory management and supply chain optimization in various industries, including retail, healthcare, and automotive, is driving the growth of the RFID Module market. RFID technology allows businesses to improve operational efficiency and reduce costs by enabling real-time and accurate tracking of goods and assets. The market is also expanding due to the growing need for enhanced security and authentication measures.

Download Full PDF Sample Copy of RFID Module Report

You can download a full PDF sample copy of the RFID Module report here.

Slack was down, with issues loading pages and sending messages

Key Players in the RFID Module Market

Some of the key players in the RFID Module market include Impinj, NXP Semiconductors, Alien Technology, ThingMagic, Zebra Technologies, Texas Instruments, STMicroelectronics, Murata Manufacturing, Omni-ID, Smartrac Technology, CAEN RFID, RF Solutions, Kathrein RFID, DAILY RFID, RFMicron, and others.

Recent Developments

In June 2020, NXP Semiconductors launched the MIFARE DESFire EV3 IC that offers advanced security, improved performance, and seamless integration of mobile services in smart city services. The IC is backward-compatible and provides greater operating distance and improved transaction speed.

In June 2021, Impinj, Inc. introduced three next-generation RAIN RFID reader chips that cater to the increasing demand for item connectivity in various markets. The new Impinj E710, E510, and E310 RAIN RFID reader chips are high-performance and low-power systems-on-chips (SoCs) that enable the development of IoT devices for identifying, locating, and authenticating connected things.

Steam Trap Market to hit USD 6.2 Bn by 2032, Says Global

Competition Analysis in RFID Module Market

Competition is a significant factor in the RFID Module market. The report provides a competitive analysis that enables players to study the strategies employed by leading players in the market. It analyzes market share, production, sales, revenue growth, gross margin, and product portfolios of major and emerging players in the market.

Regional Analysis of the RFID Module Market

If opting for the global version of the RFID Module Market, the regional analysis includes North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia-Pacific region is expected to witness the highest CAGR during the forecast period due to the growing trade network and the adoption of RFID solutions across various industries in the region.

Segmental Analysis of the RFID Module Market

The segmental analysis of the RFID Module market includes a thorough research study on key type and application segments. The types of RFID Modules include Reader Module, Label Module, Inlay Module, Embedded Module, and Handheld Module. The applications include Industrial, Retail, Logistics, Medical, and Other.

Rail passengers set for disruption as engineering work between Chesterfield and Sheffield leads to delays and diversions – with no trains to some Derbyshire stations

Buy the Full Report

You can buy the full report of the RFID Module market here.

Reasons to Procure this Report

• The report provides comprehensive market information for informed strategic investment decisions.
• It offers market revenues at the worldwide, regional, and country levels.
• It includes segmentation by types, applications, technologies, and end-uses.
• Analysis of key drivers, challenges, restraints, and expansion opportunities.
• Competitive analysis and strategies of competitors.
• Business predictions by region, country, and company information.

The new edition of the report includes updated market developments, coverage of new market players, and analysis of changes in market share.

If you are interested in more information or have any queries, you can visit Market Intelligence Data.

Medicated Feed Market Size, Key Players Analysis and Forecast To 2029 – Evonik, DowDuPont, DSM, Adisseo

For customization services, contact Market Intelligence Data:

Irfan Tamboli (Head of Sales)

Phone: +1704 266 3234 | +91-750-707-8687

SkyWater Technology to Participate in Jefferies Semiconductor, IT Hardware & Communications Technology Summit

Email: [email protected]

If you would like to know other articles similar to Impinj, NXP Semiconductors, Alien Technology, ThingMagic: Uncovering the Massive Growth Expected by 2029 updated this year 2024 you can visit the category Bussines.