Dublin, Aug. 21, 2017 (GLOBE NEWSWIRE) -- The "RFID Forecasts, Players and Opportunities 2017-2027" report has been added to Research and Markets' offering.

It has be found that in 2016, the total RFID market is worth $10.52 billion, up from $9.95 billion in 2015 and $9.52 billion in 2014. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors, for both passive and active RFID. The author forecast that to rise to $13.96 billion in 2021.

This report provides detailed data and analysis built on years of extensive research including interviews with RFID adopters and solution providers in the various applicational RFID markets, giving an unprecedented level of insight into the total RFID industry and what is really happening. Predominately, our research is conducted with interviews with companies across the supply chain, many of whom we have sign non disclosure agreements with and allowed access to data which we aggregate to provide the totals.

In retail, RFID continues to be adopted for apparel tagging - that application alone will demand 6.8 Billion RFID labels in 2016 - which still has some way to go with RFID penetrating about 15% of the total addressable market for apparel in 2016. RFID in the form of tickets used for transit will demand 800 million tags in 2016. The tagging of animals (such as pigs, sheep and pets) is substantial as it continues to be a legal requirement in many more territories, with 420 million tags being used for this sector in 2016.

In total, the author expects that 15.2 billion tags will be sold in 2016 and 18.2 billion in 2017. Most of that growth is from passive UHF RFID (RAIN RFID) labels. However, in 2017 UHF (RAIN RFID) tag sales by value will only be 20% of the value of HF tag sales, mainly because HF tags where used for security (such as payments, access etc) have a higher price point versus the cheaper, usually disposable UHF (RAIN RFID) tags used for tagging things.

This comprehensive report from the author gives the complete picture covering passive RFID, battery assisted passive, active RFID, Real Time Locating Systems (RTLS) and chipless RFID. It provides detailed forecasts and depth unmatched by any other.

Full analysis by each market is given in great detail including in-depth historic data by application type from 2005 year by year to 2022 and with a 2027 outlook. For passive RFID, forecasts are provided separately for the following application areas and for each we provide the number of tags, average sales price and total value of tags.

Passive UHF market data - 10 year forecast segments

- Retail Apparel and footwear
- Retail-other
- Logistics, conveyances, roll cages
- Asset management/inventory
- Medical/health care
- Air baggage and cargo
- Access control/ticketing
- Embedded
- People
- Other

Passive HF RFID market data - 10 year forecast segments

- Contactless cards/fobs
- Smart tickets
- Books
- Medical
- Assets/tools
- Passports
- People
- NFC applications
- Other

Passive LF market data segments - 10 year forecast

- Livestock and pets
- Access control
- Vehicle immobilizers
- Medical
- People
- Other

In addition, ten year forecasts are provided for battery assisted passive and active RFID and RTLS in the following applications:

- Pharma/Healthcare
- Cold retail supply chain
- Consumer goods
- Postal
- Manufacturing parts, tools
- Archiving (samples)
- Military
- Retail CPG Pallet/case
- Shelf Edge Labels
- Conveyances/Rollcages/ULD/Totes
- Vehicles
- People (excluding other sectors)
- Car clickers
- Other tag applications

Additionally, the report provides units, asp and total value for RFID readers as follows:

- UHF Fixed portal
- UHF Embedded and handheld
- HF and LF Hand held, fixed, embedded
- LF Vehicle
- NFC Cellphone

The research conducted ultimately provides ten year forecasts by application area including tags, readers, software and services for the following markets:

- Retail
- Healthcare and medical
- Passenger transport/automotive
- Land, sea logistics and post
- Animals and farming
- Airlines and airports
- Financial, Security
- Manufacturing
- Leisure/sports
- Consumer products
- Other

For more information about this report visit https://www.researchandmarkets.com/research/lzzlsv/rfid_forecasts

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         Related Topics: RFID