Market Highlights:
An RFID printer creates RFID smart labels, which uses radio frequency technology for transmitting information through user systems. These systems helps in integrating RFID labels into images through different print formats. In majority of cases, RFID printers integrate labels in barcodes, so that the shipping process can be made easier by scanning the shipment which helps in saving time. These printers use thermal transfer technology to integrate RFID labels which consists of integrated circuit and antenna for communication purpose.
RFID printers are used in various fields such as retail, manufacturing, healthcare, logistics and many more. The printer contains an RF encoder, which helps in transmitting the data to the chip and encodes it. RFID printers also print the label itself, adding a barcode, graphics or any other information desired to the label itself. The rising demand for better inventory management systems, rapid technological advantages in printing technology are driving the market growth. However, the high costs of printing and poor printing quality are restraining the market growth.
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Major Key Players
- Zebra Technologies Corporation,
- SATO Holdings Corporation,
- Honeywell International Inc.,
- Toshiba Tec Corp.,
- Avery Dennison Corporation,
- Seiko Epson Corporation,
- TSC Auto ID Technology Co., Ltd,
- Wasp Barcode Technologies,
- Dascom,
- Postek Electronics Co., Ltd.
- Godex International Co. Ltd.
are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global RFID Printer Market.
According to MRFR, The global RFID Printer Market is expected to reach approximately USD 4.82 billion by the end of 2023 with 4.90% CAGR during forecast period 2017-2023.
Competitive Analysis
The profitable conditions accessible in this market are being applied by candidates who are trying to increase their market coverage by focused development which can encourage the expansion of this business sector. The businesses in this trade area are combining their resources to attain their vision for achieving a substantial portion of the business as early as possible. This has raised the possibilities for the approaching growth period significantly. The merchandise that are being provided presently differ greatly because of the rationale of the robust pace of technological discoveries. This consequence is productive for companies so they can aim to uphold their commercial enterprise’s liquidity to take the most effective decisions in terms of strategy execution and designing.
Segmental Analysis:
MRFR’s study also includes a thorough segmental analysis of the global RFID printer market based on application, printing technology, and printer type. On the basis of application, the market has been segmented into retail, logistics, healthcare, entertainment, manufacturing, government, transportation and other. On the basis of printing technology, the market has been segmented into inkjet, direct thermal and thermal transfer. On the basis of printer type, the market has been segmented into mobile printers, desktop printers and industrial printers.
Regional Analysis:
The study covers the RFID printer market across region such as Europe, North America, and Asia Pacific (APAC). A country-level analysis is also conducted with a special mention to the U.S. Mexico, Canada, the U.K. France, Germany, India, China, Japan. Currently, Asia Pacific (APAC) accounts for the largest share of the market. This is primarily attributed to the industrial boom in China and India. These two countries have emerged as two of the major economies of the world, exhibiting strong GDPs. They represent a large consumer market offering significant opportunities. The market in the region is expected remain high lucrative during the forecast period.
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Intended Audience
- Packaging providers
- Retail Operators
- Mobile manufacturer
- Government Agencies
- Security Agencies
- End-user sectors
- Communication operators
- Defense
LIST OF TABLES
Table 1 RFID Printer Market, By Printer Type
Table 2 RFID Printer Market, By Printing Technology
Table 3 RFID Printer Market, By Application
Table 4 RFID Printer Market, By Application
Table 6 North America RFID Printer Market, By Printer Type
Table 7 North America RFID Printer Market, By Printing Technology
Table 8 North America RFID Printer Market, By Application
Continued….
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