Information Technology & Telecommunication / UHF RFID Inlays Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: SMARTRAC, XINDECO IOT, Invengo, Shang Yang RFID Technology
UHF RFID Inlays Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: SMARTRAC, XINDECO IOT, Invengo, Shang Yang RFID Technology
Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global UHF RFID Inlays Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 13.2% during the review period (2022 to 2027).
UHF RFID Inlays Market Overview
The range of the ultra-high frequency (UHF) is between 300 MHz to 1 GHz. The radio frequency identification (RFID) system that operate in this particular frequency band is known as UHF RFID system. In order to provide an information about a person or an object RFID technology is used. UHF RFID inlays are small in size and consist an RFID microchip to store and process information along with an antenna in order to transmit and receive the signal attached to a material or substrate.
The market mainly driven by rising adoption of RFID technology across several end-use verticals worldwide. Increasing need for longer detection range observed as another prominent factor helping UHF RFID inlays market to witness robust growth. Inlays operates as a heart of passive RFID tags, hence witness high impact of passive RFID tags market growth. UHF RFID inlays and tags are used in retail applications owing to its small size, accuracy, and ability to track an object from long distance. The use of UHF RFID inlays helps retailers to track and identify various types of products easily, accurately, and in minimum time. These advantages offered by UHF RFID inlays helps retailers to improve efficiency in supply chain operation.Moreover, the use of UHF RFID inlays beneficial to improve customer service, inventory accuracy, and decrease in product losses, owing to this UHF RFID inlays are increasingly used for inventory management. As a result of these factors, UHF RFID inlays market is anticipated to show the prominent growth during forecast period. However, UHF RFID inlays do have few drawbacks such as when theses inlays are attached to animal tissues and object containing water, these inlays are difficult to read as water absorbs UHF waves.
Avery Dennison has launched its ultra-small Minidose U8 RAIN RFID inlays for pharma applications, the first products on the market to receive ARC certification (Spec S) from Auburn University’s RFID Lab, and to be approved for use by DoseID.
Who are the Major Players in UHF RFID Inlays Market?
Top Key players in the UHF RFID Inlays Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global UHF RFID Inlays Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes SMARTRAC, XINDECO IOT, Invengo, Shang Yang RFID Technology, Avery Dennison, INLAYLINK, D & H SMARTID, Alien Technology, Junmp Technology, NETHOM, Identiv, Inc. (NasdaqCM:INVE), Sense Technology and others.
Market Insights
The UHF RFID inlays market highly driven by increasing demand from various end-use verticals including retail, financial services, healthcare, industrial, government and transportation & logistics among others for longer detection range. UHF RFID tags hold largest share in security systems market owing to higher flexibility and affordability it offers. Significantly increasing retail industry reported as one of the most promising factors proliferating the market demand for UHF RFID inlays worldwide.
What are the major Applications, Types and Regions for UHF RFID Inlays Market?
UHF RFID Inlays Market is segmented based on the type, applications, companies and regions.
By Type, UHF RFID Inlays Market has been segmented into
UHF Dry Inlay
UHF Wet Inlay
Other
The end user’s industry application on UHF RFID Inlays Market is,
Retail
Asset Management/Inventory/Documents
Logistics
Consumer Goods
Food & Beverage
Healthcare
Industrial
Others
UHF RFID Inlays Market Regional Analysis
In Asia-Pacific market, UHF RFID Inlays key players include SMARTRAC, XINDECO IOT, Invengo, Shang Yang RFID Technology, Avery Dennison Inc., etc. The top five manufacturers hold a share about 65%. China is the largest market, with a share about 50%, followed by Japan and Korea, total with a share about 15 percent. In terms of product, UHF Wet Inlay is the largest segment, with a share about 90%. And in terms of application, the largest application is Retail, followed by Asset Management/Inventory/Documents, Logistics.
North American RFID inlays manufacturers constantly improving the quality of RFID tags by introducing upcoming generations of UHF RFID inlays in the global market. The U.S. has recently launched 4th generation UHF RFID inlays thereby increasing the application scale for the passive tags. Technological improvements coupled with the increasing adoption rate are some of the prominent factors helping North America to lead global market.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our UHF RFID Inlays Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 13.2% during the review period (2022 to 2027).
By Type
UHF Dry Inlay
UHF Wet Inlay
Other
By Application
Retail
Asset Management/Inventory/Documents
Logistics
Consumer Goods
Food & Beverage
Healthcare
Industrial
Others
By Companies
SMARTRAC, XINDECO IOT, Invengo, Shang Yang RFID Technology, Avery Dennison, INLAYLINK, D & H SMARTID, Alien Technology, Junmp Technology, NETHOM, Identiv, Sense Technology and others.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
118
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this UHF RFID Inlays Report
Evaluate UHF RFID Inlays market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the UHF RFID Inlays market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The UHF RFID Inlays Market is studied from 2017 - 2027.
What is the growth rate of UHF RFID Inlays Market?
The UHF RFID Inlays Market is growing at a CAGR of 13.2% over the next 5 years.
Who are the leading key players in UHF RFID Inlays Market?
SMARTRAC, XINDECO IOT, Invengo, Shang Yang RFID Technology, Avery Dennison, INLAYLINK, D & H SMARTID, Alien Technology, Junmp Technology, NETHOM, Identiv, Sense Technology and others.
What regions regions does this UHF RFID Inlays Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of UHF RFID Inlays Market?
UHF Dry Inlay, UHF Wet Inlay, Other
What are the significant Applications of UHF RFID Inlays Market?
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
