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Battery Free RFID Sensor Market Estimated to Reach a US$ 1,269.2 Million Value by 2026

Feb 21st 2019 at 11:24 PM

A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Battery Free RFID Sensor Market Estimated to Reach a US$ 1,269.2 Million Value by 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.

Radio frequency identification (RFID) technology is growing at a rapid pace and is widely used in different applications worldwide. This technology offers many advantages with contactless data and automatic capture in a smart label. RFID technology saves time and significant labor cost. The combination of RFID with battery free RFID sensory based technology has extended the applications of RFID to environmental monitoring and food quality monitoring applications. Increasing demand for battery free RFID sensors in different applications across food quality monitoring, supply chain management, condition monitoring, and structural health monitoring among others has led to the adoption of battery free RFID sensors worldwide. Improvements in overall architecture of RFID technology and form factors have also benefited the RFID industry. The global battery free RFID sensor market is estimated to quickly grow to US$ 1269.2 Mn by 2026 from US$ 466.3 Mn in 2017, recording a CAGR of 12.1%.

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The report includes a detailed value chain analysis which is focused on providing an extensive view of the global battery free RFID sensor market. Porter’s Five Forces analysis is also provided to understand the competitive scenario in the global battery free RFID sensor market. The study incorporates a market attractiveness analysis, wherein the market segments, for instance, frequency, application, and end-use industry are benchmarked based on their market size, growth rate, and attractiveness in terms of opportunity. In order to give a complete analysis of the overall competitive scenario in the battery free RFID sensor market, every geographic region mentioned in the report is provided with attractiveness analysis.

A market overview chapter in the report explains the market trends and dynamics which include the market drivers, restraining factors, and opportunities for the current and future battery free RFID sensor market. A market outlook analysis has been provided globally in the report. Additionally, the report also provides analysis of different business strategies being adopted by market leaders of the battery free RFID sensor market. Market introduction chapter assists in gaining an idea of different trends and services related to the battery free RFID sensor market along with their frequency, application, and end- use industry.

The study provides a decisive view of the global battery free RFID sensor market, by segmenting the market on the basis of frequency into low frequency, high frequency and NFC, and ultra-high frequency. Based on application, the market has been bifurcated into food quality monitoring, supply chain management, condition monitoring, structural health monitoring, and others.The report provides a detailed breakdown of the battery free RFID sensor market region-wise and categorizes it at various levels, thus providing valuable insights at micro and macro levels.

The report highlights the competitive scenario within the battery free RFID sensor market, thus ranking all the major players according to key recent developments and their geographic presence. The insights for the battery free RFID sensor market are the result of our extensive primary interviews, secondary research, and in-house expert panel reviews. These market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.

Based on country, the North America market is bifurcated into the U.S., Canada, and Rest of North America. The Europe market is analyzed across France, Germany, the U.K., and Rest of Europe. The APAC battery free RFID sensor market is also segmented at country level which includes China, Japan, India, South Korea, and Rest of Asia Pacific. Middle East & Africa region covers the G.C.C. countries, South Africa, and Rest of Middle East & Africa. Similarly, South America region includes Brazil and Rest of South America. This report provides all the strategic information required to understand the battery free RFID sensor market along with its frequency, application, and end-use industry. The report provides insights related to the applications and different end-users according to the various geographical regions mentioned above.

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources such as annual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, World Bank database, and industry white papers are usually referred.

Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the battery free RFID sensor market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.

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Global Battery Free RFID Sensor Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global battery free RFID sensor market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as battery free RFID sensorinvestment & spending, and developments by major players of the market are tracked. Some of the key players in the battery free RFID sensor market are ON Semiconductor, Microsemi Corporation, PHASE IV Engineering, Inc., Powercast Corporation, Inductosense Ltd., Axzon, Texas Instruments Incorporated, Infineon Technologies AG, Farsens S.L, and General Electric.

The global battery free RFID sensor market has been segmented as follows:

Global Battery Free RFID Sensor Market

Battery Free RFID Sensor Market, by Frequency

Low Frequency

High Frequency and NFC

Ultra High Frequency

Battery Free RFID Sensor Market, by Application

Food Quality Monitoring

Supply chain management

Condition monitoring

Structural Health Monitoring

Others

Battery Free RFID Sensor Market, by End-use Industry

Automotive

Aerospace & Defense

Commercial

Food

Logistics

Others

In addition, the report provides analysis of the battery free RFID sensor market with respect to the following geographic segments

North America

U.S.

Canada

Rest of North America

Europe

Germany

France

U.K.

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Rest of Asia Pacific

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East & Africa

South America

Brazil

Rest of South America

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