Global RFID Reader Market Analysis 2019 – Dynamics, Trends, Revenue, Regional Segmented, Outlook & Forecast Till 2023

Global RFID Reader Market
New Industry Study On “2019-2023 RFID Reader Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database

Global RFID Reader Industry

Overview:

RFID Reader refers to Radio Frequency Identification Reader which uses electromagnetic fields to gather information from an RFID tag to track individual objects. RFID Reader is used in a wide range of applications including smart cards, toll booth passes, passports, airplane luggage, home appliances, monitoring heart patients, merchandise tags, telephone and computer networks, and operation of spacecraft and satellites. In this technology, the data is encoded in RFID tags or smart labels and RFID Reader captures it through radio waves.

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RFID Reader is better than barcode asset tracking software. The main advantage is that it can read the data outside the line-of-sight. The technology involved in RFID Reader is Automatic Identification and Data Capture (AIDC). The technology identifies the object, then collects the data about it, and directly inputs the data into the computer system automatically. It may need or may not need human intervention. The RFID tags are available in a variety of shapes and sizes and may be passive or active. The most common is the passive tag which is widely used for being smaller in size and less expensive.

RFID Reader can capture data from the RFID tag with no line of sight or scan the item one by one. It reduces human effort and error by automatically collecting the data. RFID Reader is efficient as it can read multiple RFID tags. RFID Reader increases the visibility of assets. It helps the employee to improve productivity. It can mitigate theft, risk, and loss. An RFID tag is a tougher product that can withstand wear and tear. The RFID tag can store more data than barcodes. The RFID Reader has a brighter future owing to its multiple advantages.

Major Companies
Alien Technology
CAEN RFID
Cipher Lab
Datalogic Automation
Extronics Ltd UK
Fieg Electronics
GAO RFID
HARTING
Honeywell
iDTRONIC GmbH
ifm electronic
Impinj
INTERMEC
Kaba Benzing
Mojix
MOTOROLA
PHG
RF Ideas
STID
ThingMagic
TSL
Unitech
Zebra Technologies

Segmentation:

By RFID Reader type, the global RFID Reader market in the section – LF RFID Reader, UHF RFID Reader, HF RFID Reader, and MW RFID Reader. LF RFID Reader is the Low-Frequency RFID Reader. It has a unique feature that it can penetrate water and metal. HF RFID Reader enables us to communicate in between cell phones, home electronics, and other devices at a close-range. It is similar to Near-Field Communication (NFC) and the only difference is that Near-Field Communication (NFC) Reader can emulate an RFID tag. By connector type, the global RFID Reader market in the section – PC Interface, Bluetooth, Ethernet, USB, and Wireless. By applications, the global RFID Reader market in the section – Transportation, Manufacturing, Retail, and Logistics.

Regional Analysis:

Europe and North America’s RFID Reader market achieve growth due to its multiple advantages. It reduces manpower cost and works automatically. The RFID tag is tougher than the barcode and can withstand wear & tear. South America’s RFID Reader market achieves growth due to its wide range of applications in various fields. RFID Reader reduces human intervention and error and works efficiently. RFID Reader can read multiple RFID tags at a time. It can detect RFID tags immediately within range and match with the stored information using a unique ID. Asia-Pacific (APAC) RFID Reader market to achieve growth due to its growing demand for providing many benefits. It works automatically and has higher visibility. 

Industry News:

Meusburger has presented Profitemp+ with additional functions. The latest connection for RFID Reader has been built for Industry 4.0 and the latest setup wizard can simplify the hot runner controller setup. RFID Reader can automatically identify and localize the Injection molding machines without any contact. The hot runner zones can be identified and analyzed by the setup wizard.

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