New York, According to a new market research report published by Global Insight Services “Chipless RFID Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Chipless RFID is a type of RFID technology that does not use a microchip to store data. Instead, it uses a passive tag that contains a unique identifier. The tag is read by an interrogator, which uses a radio frequency to communicate with the tag. The tag does not require a power source, making it more cost-effective than other types of RFID technology.
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Key Trends
Some of the key trends in Chipless RFID Market technology are miniaturization, multiplexing, and security. Chipless RFID tags are becoming increasingly miniaturized to allow for greater integration into smaller items and devices. Multiplexing is allowing for more data to be encoded onto a single tag, which is especially important as the tags become smaller. Security is also becoming more important as the tags are used for more sensitive applications.
Key Drivers
Some of the key drivers of the chipless RFID market include the need for smaller, more reliable, and more affordable RFID tags, the increasing demand for RFID applications in various industries, and the growing awareness of the benefits of chipless RFID technology.
Market Segments
By Product Type
- Tag
- Reader
By Frequency
- Low frequency
- High frequency
- Ultrahigh frequency
By Application
- Smart Cards
- Smart Tickets
By End User
- Retail
- Healthcare
- Logistics and Transportation
- BFSI
Key Players
- Checkpoint Systems
- SATO VICINITY
- SMARTRAC
- Invengo
- Alien Technology
- Impinj
- NXP Semiconductors
- Atmel
- Texas Instruments
- STMicroelectronics
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Reasons to buy Chipless RFID Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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