RFID Antenna Market Demand, Analysis, Size, Share & Forecast 2028

Radio frequency identification (RFID) is one of the fastest developing technology that provides wireless identification and tracking capability. The continuous improvement in network infrastructure has compelled retailers to use e-commerce and m-commerce to increase their reach and revolutionize their customer’s shopping experience.

Retailers consistently require real-time information about the products/goods inbound to customers. RFID antenna helps to increase inventory visibility and provides accurate information about the movement of goods through the supply chain. Furthermore, the rise in use of RFID antennas and systems by various companies to implement intelligent distributed order management systems and also facilitates accurate inventory tracking is one of the major factors which is fuelling the growth of the market.

Global RFID Antenna Market: Competition Landscape

Key Players

The prominent players in RFID antenna market are:

  • Zebra Technologies Corporation,
  • Omni-ID,
  • GAO RFID Inc.,
  • Impinj, Inc.,
  • Alien Technology,
  • Confidex Ltd.,
  • Honeywell International, Inc.,
  • Invengo Information Technology Co., Ltd.,
  • NXP Semiconductors N.V., and
  • HID Global Corporation.

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Global RFID Antenna Market: Drivers and Challenges

Drivers

The increase in Omni-channel retailing is the primary factor which is driving the growth of the RFID antenna market. Moreover, the rising need for efficient supply chain management is expected to support the growth of the RFID antenna market during the forecast period. Furthermore, in the healthcare sector, the focus on RFID technology for tracking and classification of medical instruments is rising, and this is expected to drive the demand for RFID antenna.

Also, the increasing number of supply chain and retail companies in various countries is leading to the increasing demand for RFID antennas. These RFID antennas are deployed by companies as a part of security technology to prevent the risk of theft and loss. Companies are increasingly adopting automated item identification systems for supply chain management for improving inventory allocation efficiencies. Thus, due to these factors, the RFID antenna market is growing at a rapid pace.

Challenges

The high cost of RFID systems as compared to barcode systems is primary factor which may hinder the growth of the RFID antenna market in the near future. Moreover, the lack of standardization is also one of the major factors which hampers the growth of RFID antenna in near future.

Apart from this, the lack of compatibility of RFID systems with existing technology is also restraining the growth of RFID antenna market. Also, RFID tags use the concept of radio frequency, which can be interfered with other ranges of this frequency of products, and can lead to inaccurate readings.

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The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global RFID Antenna Market: Segmentation

Segmentation of RFID Antenna market on the basis of working type:

  • Active RFID antenna
  • Passive RFID antenna

Segmentation of RFID Antenna market on the basis of application:

  • Logistic & Transportation
  • Retail & Consumer Goods
  • Automotive
  • Government
  • Healthcare & Medical
  • Agriculture, Farming & Livestock
  • Aerospace & Defense
  • Others

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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