RFID Sensor Market: Top Trends to Look for in 2021-2026 - PowerPoint PPT Presentation

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RFID Sensor Market: Top Trends to Look for in 2021-2026

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The global RFID Sensor Market size is estimated to surpass $10.7 billion mark by 2026 growing at an estimated CAGR of more than 8.1% during the forecast period 2021 to 2026. RFID is a technology that identifies the present location of targets like vehicles, items in a manufacturing plant, equipment, or a person. RFID tags are attached to objects and in most RFID, fixed reference points receive wireless signals from tags to determine their location using Automatic identification and data capture. – PowerPoint PPT presentation

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Title: RFID Sensor Market: Top Trends to Look for in 2021-2026


1
RFID Sensor Market  Forecast (2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The global RFID Sensor Market size is estimated
    to surpass 10.7 billion mark by 2026 growing at
    an estimated CAGR of more than 8.1 during the
    forecast period 2021 to 2026.
  • Driven by lower prices of radio-frequency
    identification (RFID) tags, proliferation of IoT
    and increasing penetration of RFID technology in
    various industries, the RFID Sensor Market is
    likely to witness high growth in coming years.
  • They detect environmental conditions such as
    temperature, humidity, and pressure as well as
    the state of the object. Various technologies
    used by RTLS readers are Bluetooth, Wi-Fi, GPS,
    UWB, infrared, ultrasound, and Zigbee.

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3
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  • Key Takeaways
  • RFID prices have exhibited decline in the recent
    years and are expected to drop in the next few
    years. Drop in prices has resulted in increased
    adoption of RFID systems as customers overcome
    their price sensitivity.
  • The APAC market had exhibited low adoption due to
    the high price sensitivity and lack of awareness
    regarding the RFID products. The growing
    applications of IoT and efficiency of RFID have
    resulted in increased awareness. RFID systems,
    particularly in the healthcare industry, have
    offered quick return on investments, and are
    thus, driving the adoption in the APAC region.

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4
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By End Use Industry - Segment Analysis Vehicle
tracking is an application in which the location
of a vehicle is tracked using various tracking
technologies in particular RFID based RTLS
solutions which offer real time intelligence
through Automatic identification and data
capture. In fleet tracking, the data of each
individual vehicle is collected to track complete
fleet location data. With the real time data
about vehicles which carry assets, functions such
as routing, monitoring the schedule adherence,
on-board information security, triggering
pre-recorded announcement for passengers, and
dispatching can be carried out efficiently.
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5
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  • RFID Sensor Market- Competitive Landscape 
  • Impinj
  • NXP Semiconductors
  • Alien Technology
  • Avery Dennison
  • Smatrac
  • Invengo
  • Checkpoint Systems
  • Mojix
  • GAO RFID

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6

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RFID Sensor Market Forecast (2021 -
2026) Learn More About the Report _at_
https//5g3z.short.gy/67HrFp

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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_
  • https//5g3z.short.gy/xelx84

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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