RFID in Manufacturing

The RFID in Manufacturing Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries. The study also covers hardware, software, and services, hardware by type, and application segments. 

RFID Applications in Manufacturing Returns to Growth

​RFID is not a new technology.  It rose to attention in industrial applications because of its extensive use in the entire supply chain.  RFID adoption is a key technology for Industrie 4.0/Industrial IoT and has compelled many companies that wish to achieve their Industrie 4.0/Industrial IoT goals to develop RFID applications and position RFID technology as a key technology for business. The RFID in manufacturing market report focuses on manufacturing applications, from tag to reader, as well as the evolution of several RFID applications. Applications like real-time location systems and the use of RFID as a sensor or in manufacturing inventory management have already gained a foothold globally.

ARC has identified several growing applications around Industry 4.0 and digitalization. Applications like production control as well as product and material flow are expected to grow faster than classical applications.  The RFID market is also influenced by a large number of players, competitive price offerings, and different strategies from different suppliers.  The markets for retail and supply chain and markets with similar technical demands in health care or military are excluded.

The market for RFID systems in manufacturing experienced a decline in 2020 compared with 2019. This decline was second in a row after a marginal decline in 2019. The decline was mainly due to the uncertainty caused by the COVID-19 pandemic, slowdown in the automotive sector, and reduced demand from various industries. Looking at the year 2021, according to ARCs research many RFID suppliers have started to see a growth trend from early 2021 and are optimistic about market growth. Automotive, one of the key user industries for RFID, is on its recovery path and expected to grow at above global average growth rate in 2021 and during the forecast period. Digitalization, Industrial IoT, need for accurate visibility/transparency for production optimization, and asset management are creating a demand for RFID systems.

RFID in Manufacturing Strategic Issues

RFID in Manufacturing Market TrendsIn addition to providing a five-year market forecast, the RFID in Manufacturing Market Report provides detailed quantitative current market data and addresses key strategic issues as follows.

Consider Implementation and Lifecycle Costs

Lifecyle costs are critical for RFID technology adoption. Tag prices are more critical than prices for readers and the cost of setting up the infrastructure because of the large volume of tags used. It is important to decide which type of tag, i.e., active vs. passive, to use for your application. The overall lifecycle cost is the main differentiator between active and passive tags. Other lifecycle costs are software maintenance (especially ERP integration), which can easily outrun hardware costs.

Use Existing Standards

Use existing and accepted standards to lower long-run maintenance costs. Also, be aware of industry initiatives and semantic standards. Several industry associations are working to develop and harmonize semantic standards for RFID technology.

Use RFID for Complex Processes

Use RFID for Complex Processes    RFID is most suited for processes that are complex and where transparency is key to maintaining quality and lowering costs. High complexity means short product lifecycle, high variances, and high number of inputs.

 

RFID in Manufacturing Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Annual Subscription Yes Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Industry Trends
  • Regional Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Hardware Category
    • Low Frequency Stationary Readers
    • High Frequency Stationary Readers
    • Ultra High Frequency Stationary Readers
    • Handheld Readers
    • Antennas
    • RFID Tags
  • Market Shares by Application
    • Track & Trace
    • Product & Material Flow
    • Production Control
    • Intralogistics
    • Storage Management
    • Asset Management
    • Tool Management
    • Real-time Location System
  • Market Shares by Industry
    • Aerospace & Defense
    • Automotive
    • Cement & Glass
    • Chemical
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Mining
    • Oil & Gas
    • Pulp & Paper
    • Pharmaceutical & Biotech
    • Semiconductors
  • Market Shares by Machinery Segment
  • Market Shares by Tag Design
  • Market Shares by Temperature Rating
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Shipments of RFID in Manufacturing
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Hardware Category
    • Low Frequency Stationary Readers
    • High Frequency Stationary Readers
    • Ultra High Frequency Stationary Readers
    • Handheld Readers
    • Antennas
    • Tags
  • Shipments by Application
    • Track & Trace
    • Product & Material Flow
    • Production Control
    • Intralogistics
    • Storage Management
    • Asset Management
    • Tool Management
    • Real-time Location System
  • Shipments by Industry
    • Aerospace & Defense
    • Automotive
    • Cement & Glass
    • Chemical
    • Electronics & Electrical
    • Fabricated Metals
    • Food & Beverage
    • Machinery Manufacturing
    • Metals
    • Mining
    • Oil & Gas
    • Pulp & Paper
    • Pharmaceutical & Biotech
    • Semiconductors
  • Shipments by Machinery Segment
  • Shipments by Tag Design
  • Shipments by Temperature Rating
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

For More Information

​For more information or to purchase the RFID in Manufacturing Market Research study, please contact us.

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