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

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RFID Sensor Market  Forecast (2021 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 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.
• 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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• 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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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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• RFID Sensor Market- Competitive Landscape 
• Impinj
• NXP Semiconductors
• Alien Technology
• Avery Dennison
• Smatrac
• Invengo
• Checkpoint Systems
• Mojix
• GAO RFID

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• You Can Customize the Report as Per Your Need.
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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