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Global RFID Readers Market 2016-2020

Global RFID Readers Market 2016-2020

Market outlook of the global RFID readers market

RFID readers play a critical role in inventory management and are finding tremendous response in many big stores, supermarkets, hypermarkets, and apparel stores. This market research report by Technavio emphasizes on the involvement of RFID readers in different end-user segments like healthcare, transportation, and retail. The increasing incorporation of RFID readers in these segments is expected to result in its impressive market growth rate of more than 21% by 2020.

The ability of RFID readers to reduce errors pertaining to data entry is a key driver for the growth of this market. With the introduction of RFID and barcode systems firms are able to record and recognize data entries automatically with more precision. It not only helps in the automation of data entries but also corrects warehouse errors. The ability of these readers to facilitate the efficient tracking of assets is a significant factor that is expected to foster its adoption during the forecast period.

End-user segmentation of the RFID readers market

  • Retail
  • Transportation
  • Logistics
  • Manufacturing
Technavio’s market research analyst estimates the retail segment to retain its dominating hold over the market by 2020. The growing need to improve inefficiencies in the supply chain is a critical factor that results in this segment’s high market share of nearly 58% by 2020.

Geographical segmentation of the RFID readers market
  • Americas
  • EMEA
  • APAC
In this market research, analysts estimate the Americas to account for an impressive market share of more than 51% by 2020. The introduction of stringent mandates that necessitates the usage of RFID devices in various sectors like transportation and healthcare is expected to impel market growth during the forecast period.

Competitive landscape and key vendors

The global RFID readers market is highly fragmented due to the presence of numerous large and small vendors. The competitive environment in this market is expected to intensify during the forecast period owing to factors like the increase in R&D innovations by vendors and the expansion of key vendors into the APAC region.

The top four leading vendors of the market include -
  • Alien Technology
  • Honeywell
  • Impinj
  • Zebra Technologies
The other prominent vendors of the market include Applied Wireless Identification Group, ThingMagic, Datalogic, RF Ideas, TSL, CAEN RFID, Cipher Lab, Fieg Electronics, Unitech, GAO RFID, and Mojix.

Key questions answered in the report
  • What are the key factors driving the RFID readers market?
  • What are the key market trends impacting the growth of the RFID readers market?
  • What are the various opportunities and threats faced by the RFID readers market?
  • Trending factors influencing the market shares for the Americas, EMEA, and APAC?
  • Key outcome of the five forces analysis on the RFID readers market?
  • Growth forecast of the RFID readers market until 2020?
Technavio also offers customization on reports based on specific client requirement.

Related reports
  • Global RFID Market for Retail Applications 2015-2019
  • Global Sourcing of RFID Tags Market 2014-2018
  • Global RFID Middleware Market 2014-2018
  • Global RFID Smart Cabinet Market 2014-2018
  • Global RFID Market 2014-2018


Press Release

Technavio Announces the Publication of its Research Report – Global RFID Readers Market 2016-2020
Technavio recognizes the following companies as the key players in the Global RFID Readers Market: Alien Technology, Honeywell, Impinj and Zebra Technologies
Other Prominent Vendors in the market are: Applied Wireless Identification Group, ThingMagic, Datalogic, RF Ideas, TSL, CAEN RFID, Cipher Lab, Fieg Electronics, Unitech, GAO RFID, and Mojix.
Commenting on the report, an analyst from Technavio’s team said: “The market for RFID readers is largely untapped, providing a huge opportunity for vendors. Vendors invest in R&D to provide customers with unique, secure, and low cost RFID system. This bodes well for the market.”
According to the report, real-time tracking of goods through the supply chain with RFID helps improve customer service. Real-time information on delivery time helps organizations make strategic decisions on improvising customer service. It helps the end-customers track the order via the Internet. RFID technology allows customers to track the goods sent through delivery service providers such as DHL, FedEx, and Blue Dart. Post offices have also employed this technology to improve their customer service.
Further, the report states that manufacturers and end-users in Africa, the Middle-East, and some parts of APAC are not aware about the RFID technology, and continue to rely on older technologies such as barcodes. In addition, several end-users are not receptive to change since it would involve overhauling the existing system. The high costs of the RFID systems also hinder their adoption on a large scale.

Companies Mentioned

Alien Technology, Honeywell, Impinj, Zebra Technologies, Applied Wireless Identification Group, ThingMagic, Datalogic, RF Ideas, TSL, CAEN RFID, Cipher Lab, Fieg Electronics, Unitech, GAO RFID, Mojix.

  • Executive summary
    • Highlights
  • Scope of the report
    • Definitions
    • Common currency conversion rates
    • Market overview
    • Top vendor offerings
      • Table Product offerings
  • Market research Methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global RFID market
      • Table Revenue segmentation of global RFID market 2015
    • Market size and forecast
      • Table Global RFID readers market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end user
    • Market overview
      • Table Global RFID readers market by end-users 2015-2020
  • Geographical segmentation
    • Global RFID readers market by geographical segmentation
      • Table Global RFID readers market by geography 2015-2020
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Other prominent vendors
  • Key vendor analysis
    • Alien Technology
      • Table Alien Technology: Product segmentation 2015
    • Honeywell International
      • Table Honeywell International: Business segmentation by revenue 2014
      • Table Honeywell International: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Honeywell International: Geographical segmentation by revenue 2014
      • Table Honeywell International: Business segmentation
    • Impinj
      • Table Impinj: Business segmentation
    • Zebra Technologies
      • Table Zebra Technologies: Business segmentation by revenue 2014
      • Table Zebra Technologies: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Zebra Technologies: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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