PRN: MarketsandMarkets: Global Chipless RFID Market worth $3,925 Million by 2016
MarketsandMarkets: Global Chipless RFID Market worth $3,925 Million by 2016
DALLAS, December 1, 2011 /PRNewswire/ --
The report "Chipless RFID Market (2011 - 2016) - Global Forecasts by Applications (Retail, Supply Chain, Aviation, Healthcare, Smart Card, Public Transit & Others)" defines and segments the retail, supply chain, aviation, healthcare, smart card, public transit and others market with analysis and forecasting of the global revenues for all the products. It also identifies driving and restraining factors for the market with analysis of trends, opportunities, and challenges. The market segments and revenue are forecasted on the basis of major geographies such as North America, Europe, APAC, and ROW. Further, the market is segmented and revenue is forecasted on the basis of products, types, technology, and applications.
Browse more than 36 market data tables/figures spread through 255 pages and in-depth TOC onÂ "Chipless RFID Market (2011 - 2016) - Global Forecasts by Applications (Retail, Supply Chain, Aviation, Healthcare, Smart Card, Public Transit & Others)".
Affordability, compatible to existing infrastructure, working capability in all conditions, data accuracy, and simple technology has increased the demand of the chipless RFID across various applications worldwide.
The global chipless RFID market is expected to reach $1,087.00 million by the end 2011. This market is expected to reach $3,925 million by 2016 at an estimated CAGR of 29.3%.
The largest share is held by the readers market and is expected to reach $417.00 million by the end of 2011. This market is expected to reach $1,205 million by 2016, at an estimated CAGR of 23.6%. Chipless tag market is expected to reach $375.00 million with the highest CAGR of 83.5%.
In terms of geographies, North America contributes the maximum market share; i.e. 44% in the overall Global chipless RFID market [ http://www.marketsandmarkets.com/Market-Reports/chipless-rfid-market-501.html ] in 2010. APAC and Europe hold almost same market share. However, APAC is expected to grow with the highest CAGR of 37% from 2011 to 2016.
In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analyses of the Chipless RFID systems market. The report draws the competitive landscape of the Chipless RFID systems market, providing an in-depth comparative analysis of the technological and marketing strategies the key players are adopting in order to gain an edge over the their competitors.
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