Title: U.S. Printed and Chipless RFID Market revenue to surpass $4.8bn by 2023
1Printed and Chipless RFID Market Global
Industry Analysis Report, Share, Size, Growth,
Price Trends and Forecast, 2023 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2 Key Insights of Printed and Chipless RFID
Market
- Printed Chipless RFID technology finds myriad
applications in logistics transport, aviation,
retail, and healthcare industries. The
applications in the logistics transport
industry are predicted to surpass USD 6 billion
mark by 2023. The technology is used in the
transportation industry to increase operational
and time efficiency. - The Printed Chipless RFID technology
applications in aviation industry estimated at
USD 300 million in 2015, are predicted to grow at
a CAGR of 12.5 over the period of 2016-2023 due
to their efficiency and cost-effectiveness.
Printed Chipless RFID technology applications
in the retail industry contributed over 29 of
the overall revenue in 2015, and is predicted to
witness a high growth over the period of
2016-2024 due to growing consumer satisfaction,
accurate store execution inventory control,
on-shelf accessibility, and omni-channel
distribution activities. - Favorable government norms are predicted to
enhance the use of the printed chipless RFID
technology in the healthcare industry. Few of the
other applications of this technology in
healthcare includes patient tracking, staff
identification, surgical equipment track trace,
inventory control, and document management
systems.
3 Continued
- Favorable government norms are predicted to
enhance the use of the printed chipless RFID
technology in the healthcare industry. Few of the
other applications of this technology in
healthcare includes patient tracking, staff
identification, surgical equipment track trace,
inventory control, and document management
systems. - The North America printed and chipless RFID
market is predicted to witness a substantial
growth over the period of 2016-2023 as a result
of rising demand for the technology across
various industries such as logistics transport,
aviation, healthcare, and retail. Furthermore,
firms operating in this region use this
technology to improve the visibility of inventory
along with streamlining of the SCM (supply chain
management). U.S printed and chipless RFID market
is expected to cross USD 4.8 billion mark by
2023, contributing significantly towards the
regional growth. - The Asia Pacific printed and chipless RFID market
is anticipated to witness a heavy growth over the
timeframe due to the increasing requirement for
document management systems in medical
institutions and government organizations. The
Latin America printed and chipless RFID market is
projected witness a significant growth over the
coming seven years due to favorable government
policies along with the use of this technology by
various firms operating in the region to trace
track inventory as well as enhance their supply
chain management activities.
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Chipless RFID Market _at_ http//bit.ly/2j30k2U
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