The North America RFID readers market is projected to record a CAGR of 8.25% over the forecasting period of 2021 to 2028. The region’s market growth is predominantly accredited to the well-established presence of leading retailers, the increasing adoption of automation across multiple applications, and the developing retail division.
NORTH AMERICA RFID READERS MARKET FORECAST 2021-2028
North America RFID Readers Market by Industry ( Retail, Logistics and Transportation, Healthcare, Manufacturing, Food and Beverages, Hospitality, Government ) Market by Frequency ( Ultra-high Frequency, High Frequency, Low Frequency ) Market by Reader Type ( Handheld Readers, Fixed Readers ) by Geography.
The North America RFID readers market is projected to record a CAGR of 8.25% over the forecasting period of 2021 to 2028. The region’s market growth is predominantly accredited to the well-established presence of leading retailers, the increasing adoption of automation across multiple applications, and the developing retail division.
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The North America RFID readers market growth evaluation entails the analysis of the United States and Canada. The overall retail sales in the United States accounted for over $4 trillion in 2020, indicating an increase from nearly $3.81 trillion in the previous year. The country harbors approximately 4 million retail establishments, prevalent in diverse forms such as bookstores, restaurants, and grocery stores. Moroever, the United States domestic retail market is highly competitive, with several firms registering recording significant retail sales.
For instance, Walmart, a retail chain providing a vast selection of products at affordable prices, is the leading retailer in the country. Kroger Co, Amazon, Target, and Costco are a selection of other major United States retailers, as well. Amazon and Walmart are key illustrations of American sellers conducting business on an international scale.
The success of the country’s retailers is also evident through their performance in terms of online retail. Amazon is a chief example of the same, with the firm’s sales revenue thriving over recent years. Hence, these factors are set to fuel the country’s market growth during the forecast period.
Applied Wireless Identifications Group Inc, headquartered in the United States, offers RFID solutions and products for embedded markets, value-added RFID solutions, and security industries. The company also provides RFID readers, modules, tags/cards with high, low, and ultra-high frequency technology, in addition to professional engineering services. It also distributes automatic vehicle identification and vehicle entry products.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET SCOPE
- KEY DRIVERS
- PERFORMANCE OF RETAIL SECTOR
- COMPLEXITIES RELATED TO SUPPLY CHAIN
- BENEFITS OF RFID TECHNOLOGY IN HEALTHCARE SECTOR
- BENEFITS OF RFID OVER OTHER RELATED TECHNOLOGY IN CHALLENGING SCENARIOS
- KEY RESTRAINTS
- SECURITY CHALLENGES
- OTHER MISCELLANEOUS CHALLENGES
- KEY ANALYTICS
- IMPACT OF COVID-19 ON RFID READERS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY INDUSTRY
- RETAIL
- LOGISTICS AND TRANSPORTATION
- HEALTHCARE
- MANUFACTURING
- FOOD AND BEVERAGES
- HOSPITALITY
- GOVERNMENT
- MARKET BY FREQUENCY
- ULTRA-HIGH FREQUENCY (UHF)
- HIGH FREQUENCY
- LOW FREQUENCY
- MARKET BY READER TYPE
- HANDHELD READERS
- FIXED READERS
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
- BUSINESS EXPANSIONS
- COMPANY PROFILES
- ALIEN TECHNOLOGY
- APPLIED WIRELESS IDENTIFICATIONS GROUP INC
- CAEN RFID SRL
- HONEYWELL INTERNATIONAL
- IMPINJ INC
- INVENGO TECHNOLOGY PTE LTD
- JADAK- A NOVANTA COMPANY
- LOWRY SOLUTIONS INC
- MOTOROLA SOLUTIONS INC
- ZEBRA TECHNOLOGIES CORP
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – RFID READERS
TABLE 2: NORTH AMERICA RFID READERS MARKET, BY INDUSTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: NORTH AMERICA RFID READERS MARKET, BY INDUSTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA RFID READERS MARKET, BY FREQUENCY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: NORTH AMERICA RFID READERS MARKET, BY FREQUENCY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA RFID READERS MARKET, BY READER TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: NORTH AMERICA RFID READERS MARKET, BY READER TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA RFID READERS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: NORTH AMERICA RFID READERS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: KEY PLAYERS OPERATING IN NORTH AMERICA RFID READERS MARKET
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 13: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
TABLE 14: LIST OF BUSINESS EXPANSIONS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: NORTH AMERICA RFID READERS MARKET, GROWTH POTENTIAL, BY INDUSTRY, IN 2020
FIGURE 6: NORTH AMERICA RFID READERS MARKET, BY RETAIL, 2021-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA RFID READERS MARKET, BY LOGISTICS AND TRANSPORTATION, 2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA RFID READERS MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA RFID READERS MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA RFID READERS MARKET, BY FOOD AND BEVERAGES, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA RFID READERS MARKET, BY HOSPITALITY, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA RFID READERS MARKET, BY GOVERNMENT, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA RFID READERS MARKET, GROWTH POTENTIAL, BY FREQUENCY, IN 2020
FIGURE 14: NORTH AMERICA RFID READERS MARKET, BY ULTRA-HIGH FREQUENCY (UHF), 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA RFID READERS MARKET, BY HIGH FREQUENCY, 2021-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA RFID READERS MARKET, BY LOW FREQUENCY, 2021-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA RFID READERS MARKET, GROWTH POTENTIAL, BY READER TYPE, IN 2020
FIGURE 18: NORTH AMERICA RFID READERS MARKET, BY HANDHELD READERS, 2021-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA RFID READERS MARKET, BY FIXED READERS, 2021-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA RFID READERS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: UNITED STATES RFID READERS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: CANADA RFID READERS MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY INDUSTRY
- RETAIL
- LOGISTICS AND TRANSPORTATION
- HEALTHCARE
- MANUFACTURING
- FOOD AND BEVERAGES
- HOSPITALITY
- GOVERNMENT
- MARKET BY FREQUENCY
- ULTRA-HIGH FREQUENCY (UHF)
- HIGH FREQUENCY
- LOW FREQUENCY
- MARKET BY READER TYPE
- HANDHELD READERS
- FIXED READERS
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