According to Inkwood Research, the global UHF RFID (RAIN) market is projected to register a CAGR of 11.59% between 2021 and 2028, and is anticipated to generate revenue of $3492 million by 2028.

GLOBAL UHF RFID (RAIN) MARKET FORECAST 2021-2028

Global UHF RFID (RAIN) Market by Application ( Retail, Logistics and Transportation, Healthcare, Manufacturing, Other Applications ) Market by Component ( Hardware ( Tags and Labels, Readers, Printers, Other Hardware Components ) Software, Services ) by Geography.

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Report Summary

According to Inkwood Research, the global UHF RFID (RAIN) market is projected to register a CAGR of 11.59% between 2021 and 2028, and is anticipated to generate revenue of $3492 million by 2028.

UHF RFID (RAIN) (Ultra High Frequency Radio Frequency Identification) is a wireless communication technology that can be utilized for connecting things or devices over the cloud (internet). This technology has played a crucial role in managing the increasing complexity of the supply chain. It has enabled better visibility at multiple levels. The system can handle multiple items at a given time. The data collected can be managed, stored, and shared over the cloud. The technology is extensively being used in retail, logistics, and manufacturing industries.UHF RFID (RAIN) Market

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Key factors propelling the global UHF RFID (RAIN) market growth are:

  • Thriving retail sector
  • Complexities related to supply chain
  • Benefit of UHF RFID over LF or HF RFID
    • The UHF RFID provides the advantage of faster data transfer, enabling fast capture, transaction, and processing of data.
  • RFID technology in the healthcare sector

Major growth restraining factors:

  • Security challenges
    • With the increased data breaches due to cyberattacks, the UHF RFID technology faces security challenges.
    • The leak of crucial data can lead to counterfeiting and theft.
  • Other miscellaneous challenges

The report on the global UHF RFID (RAIN) market includes the segmentation analysis of component and application. These segments are further classified to provide a detailed analysis of the studied market.

Market by Component:

  • Hardware
    • Hardware is the largest component in the UHF RFID (RAIN) market.
    • Components such as tags and labels, readers, printers, and other hardware components are part of the system.
  • Software
  • Services

Geographically, the global UHF RFID (RAIN) market has been segmented based on four major regions, which includes:

  • North America: The United States and Canada
  • Europe: Germany, The United Kingdom, Italy, France, Belgium, Russia, Poland, and Rest of Europe
  • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
    • The Asia-Pacific is a rapidly growing market for UHF RFID. Most of the emerging economies are located in this region. The increasing infrastructural development and growing industrialization make it a conducive market.
    • The Asia-Pacific market is majorly driven by India, China, Japan, South Korea, Thailand, Indonesia, etc.
  • Rest of World: Latin America, the Middle East & Africa

The major players in the global UHF RFID (RAIN) market are:

  • CAEN RFID srl
  • NXP Semiconductors
  • Impinj Inc
  • Lowry Solutions Inc

Key strategies adopted by some of the UHF RFID (RAIN) companies:

In March 2021, SAG has launched VDA-Compliant RAIN RFID Hard Tag, strengthening its product offering in the category.

Key findings of the global UHF RFID (RAIN) market:

  • Healthcare is the fastest-growing application in the market
  • Software is the fastest-growing component in the market.

 

Frequently Asked Questions (FAQs):

  • Which is the dominant application in the UHF RFID (RAIN) market?

A: Retail is the dominant application in the UHF RFID (RAIN) market.

  • Which is the fastest-growing hardware in the UHF RFID (RAIN) market?

A: Tags and labels are the fastest-growing hardware in the UHF RFID (RAIN) market.

Table of Contents

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET SCOPE
    • KEY DRIVERS
      • PERFORMANCE OF RETAIL SECTOR
      • COMPLEXITIES RELATED TO SUPPLY CHAIN
      • BENEFIT OF RFID TECHNOLOGY IN THE HEALTHCARE SECTOR
      • BENEFIT OF UHF RFID OVER LF OR HF RFID
    • KEY RESTRAINTS
      • SECURITY CHALLENGES
      • OTHER MISCELLANEOUS CHALLENGES
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON UHF RFID (RAIN) MARKET
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY APPLICATION
    • RETAIL
    • LOGISTICS AND TRANSPORTATION
    • HEALTHCARE
    • MANUFACTURING
    • OTHER APPLICATIONS
  3. MARKET BY COMPONENT
    • HARDWARE
      • TAGS AND LABELS
      • READERS
      • PRINTERS
      • OTHER HARDWARE COMPONENTS
    • SOFTWARE
    • SERVICES
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGION ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST AND AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
      • BUSINESS EXPANSIONS
    • COMPANY PROFILES
      • CAEN RFID SRL
      • CHECKPOINT SYSTEMS
      • IMPINJ INC
      • INVENGO TECHNOLOGY PTE LTD
      • JADAK- A NOVANTA COMPANY
      • LINXENS
      • LOWRY SOLUTIONS INC
      • MURATA MANUFACTURING CO LTD
      • NXP SEMICONDUCTORS
      • SECURITAG ASSEMBLY GROUP (SAG)

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – UHF RFID (RAIN)

TABLE 2: GLOBAL UHF RFID (RAIN) MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: GLOBAL UHF RFID (RAIN) MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: GLOBAL RETAIL MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: GLOBAL RETAIL MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: GLOBAL LOGISTICS AND TRANSPORTATION MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: GLOBAL LOGISTICS AND TRANSPORTATION MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: GLOBAL HEALTHCARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: GLOBAL HEALTHCARE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: GLOBAL MANUFACTURING MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: GLOBAL MANUFACTURING MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: GLOBAL OTHER APPLICATIONS MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: GLOBAL UHF RFID (RAIN) MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: GLOBAL UHF RFID (RAIN) MARKET, BY COMPONENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: GLOBAL HARDWARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 17: GLOBAL HARDWARE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 18: GLOBAL HARDWARE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 19: GLOBAL HARDWARE MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 20: GLOBAL SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 21: GLOBAL SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 22: GLOBAL SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 23: GLOBAL SERVICES MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 24: GLOBAL UHF RFID (RAIN) MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 25: GLOBAL UHF RFID (RAIN) MARKET, BY GEOGRAPHY, FORECAST YEARS, 2021-2028 (IN MILLION)

TABLE 26: NORTH AMERICA UHF RFID (RAIN) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 27: NORTH AMERICA UHF RFID (RAIN) MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 28: KEY PLAYERS OPERATING IN NORTH AMERICA UHF RFID (RAIN) MARKET

TABLE 29: EUROPE UHF RFID (RAIN) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 30: EUROPE UHF RFID (RAIN) MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 31: KEY PLAYERS OPERATING IN EUROPE UHF RFID (RAIN) MARKET

TABLE 32: ASIA-PACIFIC UHF RFID (RAIN) MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 33: ASIA-PACIFIC UHF RFID (RAIN) MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 34: KEY PLAYERS OPERATING IN THE ASIA-PACIFIC UHF RFID (RAIN) MARKET

TABLE 35: REST OF WORLD UHF RFID (RAIN) MARKET, BY REGION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 36: REST OF WORLD UHF RFID (RAIN) MARKET, BY REGION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 37: KEY PLAYERS OPERATING IN THE REST OF WORLD UHF RFID (RAIN) MARKET

TABLE 38: LIST OF MERGERS & ACQUISITIONS

TABLE 39: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 40: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS

TABLE 41: 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: GLOBAL UHF RFID (RAIN) MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 6: GLOBAL UHF RFID (RAIN) MARKET, BY RETAIL, 2021-2028 (IN $ MILLION)

FIGURE 7: GLOBAL UHF RFID (RAIN) MARKET, BY LOGISTICS AND TRANSPORTATION, 2021-2028 (IN $ MILLION)

FIGURE 8: GLOBAL UHF RFID (RAIN) MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)

FIGURE 9: GLOBAL UHF RFID (RAIN) MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)

FIGURE 10: GLOBAL UHF RFID (RAIN) MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 11: GLOBAL UHF RFID (RAIN) MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

FIGURE 12: GLOBAL UHF RFID (RAIN) MARKET, BY HARDWARE, 2021-2028 (IN $ MILLION)

FIGURE 13: GLOBAL UHF RFID (RAIN) MARKET, BY TAGS AND LABELS, 2021-2028 (IN $ MILLION)

FIGURE 14: GLOBAL UHF RFID (RAIN) MARKET, BY READERS, 2021-2028 (IN $ MILLION)

FIGURE 15: GLOBAL UHF RFID (RAIN) MARKET, BY PRINTERS, 2021-2028 (IN $ MILLION)

FIGURE 16: GLOBAL UHF RFID (RAIN) MARKET, BY OTHER HARDWARE COMPONENTS, 2021-2028 (IN $ MILLION)

FIGURE 17: GLOBAL UHF RFID (RAIN) MARKET, BY SOFTWARE, 2021-2028 (IN $ MILLION)

FIGURE 18: GLOBAL UHF RFID (RAIN) MARKET, BY SERVICES, 2021-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA UHF RFID (RAIN) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 20: UNITED STATES UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: CANADA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 22: EUROPE UHF RFID (RAIN) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 23: UNITED KINGDOM UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: GERMANY UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: FRANCE UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: ITALY UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 27: RUSSIA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 28: BELGIUM UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 29: POLAND UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 31: ASIA-PACIFIC UHF RFID (RAIN) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 32: CHINA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: JAPAN UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 34: INDIA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 35: SOUTH KOREA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 36: INDONESIA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 37: THAILAND UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 38: VIETNAM UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 39: AUSTRALIA & NEW ZEALAND UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 40: REST OF ASIA-PACIFIC UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 41: REST OF WORLD UHF RFID (RAIN) MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 42: LATIN AMERICA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

FIGURE 43: MIDDLE EAST AND AFRICA UHF RFID (RAIN) MARKET, 2021-2028 (IN $ MILLION)

Segmentation

  1. MARKET BY APPLICATION
    • RETAIL
    • LOGISTICS AND TRANSPORTATION
    • HEALTHCARE
    • MANUFACTURING
    • OTHER APPLICATIONS
  2. MARKET BY COMPONENT
    • HARDWARE
      • TAGS AND LABELS
      • READERS
      • PRINTERS
      • OTHER HARDWARE COMPONENTS
    • SOFTWARE
    • SERVICES
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • RUSSIA
        • BELGIUM
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGION ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST AND AFRICA

 

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