North America Rfid Readers Market Forecast 2021-2028

North America Rfid Readers Market Forecast 2021-2028


The North America RFID readers market is anticipated to project a CAGR of 8.25% during the forecast years of 2021 to 2028. The market growth of the region is attributed to the increasing adoption of automation across multiple applications, the developing retail sector, and the well-established presence of leading retailers.


The North America RFID readers market growth analysis includes the assessment of Canada and the United States. In 2020, retailers’ sales in Canada accounted for nearly 6060 billion Canadian dollars, indicating a decrease from 615 billion, or 1.5% in the previous year. The country’s retail trade industry continually progressed between 2012 and 2019. Although retail sales trade augmented by 1.6% from 2020, the percentage declined by around 1.5% amid the novel coronavirus (COVID-19) pandemic.

On the other hand, motor vehicle and parts dealers’ retail sales in Canada depreciated by approximately 9% in 2020, while new car dealers, accounting for 20% of the overall retail sales, declined by around 12%. In contrast, retail sales across other divisions, including garden equipment suppliers, supermarkets, and building materials, were positively impacted in 2020. Besides, sales in grocery stores and supermarkets rose by 12% since they were highly essential at the beginning of the pandemic. Furthermore, with customers spending more time at home, sales in garden equipment as well as building material elevated substantially. As a result, these factors are estimated to propel the market growth in North America over the forecasting period.


Some of the key players operating in the market are CAEN RFID, Lowry Solutions, Applied Wireless Identifications Group Inc, Impinj, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Scope
3.2. Key Drivers
3.2.1. Performance Of Retail Sector
3.2.2. Complexities Related To Supply Chain
3.2.3. Benefits Of Rfid Technology In Healthcare Sector
3.2.4. Benefits Of Rfid Over Other Related Technology In Challenging Scenarios
3.3. Key Restraints
3.3.1. Security Challenges
3.3.2. Other Miscellaneous Challenges
4. Key Analytics
4.1. Impact Of Covid-19 On Rfid Readers Market
4.2. Key Market Trends
4.3. Porter’s Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Industry
5.1. Retail
5.2. Logistics And Transportation
5.3. Healthcare
5.4. Manufacturing
5.5. Food And Beverages
5.6. Hospitality
5.7. Government
6. Market By Frequency
6.1. Ultra-high Frequency (Uhf)
6.2. High Frequency
6.3. Low Frequency
7. Market By Reader Type
7.1. Handheld Readers
7.2. Fixed Readers
8. Geographical Analysis
8.1. North America
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis United States Canada
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships, Contracts/Agreements & Collaborations
9.1.4. Business Expansions
9.2. Company Profiles
9.2.1. Alien Technology
9.2.2. Applied Wireless Identifications Group Inc
9.2.3. Caen Rfid Srl
9.2.4. Honeywell International
9.2.5. Impinj Inc
9.2.6. Invengo Technology Pte Ltd
9.2.7. Jadak- A Novanta Company
9.2.8. Lowry Solutions Inc
9.2.9. Motorola Solutions Inc
9.2.10. Zebra Technologies Corp

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