RFID Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
RFID Market by Product (Tags, Reader, and Software), Wafer Size, Working (Passive, and Active), Frequency( Low, High, Ultra-high), Applications, Form Factor (Button, Card, Electronic Housing, Implants), Label Type, and Region
Impinj (US), NXP Semiconductors (Netherlands)
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Impinj is one of the key players in the RFID market that develops and sells item intelligence products and solutions using RAIN RFID technology services. The company caters to the need of various applications such as inventory management, patient safety, asset tracking, and item authentication;
NXP Semiconductors is one of the largest players in the RFID market. The company is popular among the industries and sectors for manufacturing chips, thus catering to growing demand for RFID among industrial end users. The company has very strong supply chain in Europe that enables it to generate more revenue from this region. NXP Semiconductors has been collaborating and partnering with major RFID players to boost its product portfolio. For instance, in September 2016, it partnered HID Global to introduce new RFID tags - Seal Tag eTamper Transponders. These new tags help to protect merchandise and the contents of sealed containers offering evidence of security or breach detectability by standard RFID readers. In October 2016, it collaborated with Avery Dennison to develop a 12-inch wafers for long range solutions as compared to current industry standard of 8-inch wafer.
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Other major companies operating in the RFID market are Alien Technology (US), Smartrac (Netherlands)