Passive RFID Tags Market Size, Share 2023

This report focus on Passive RFID Tags market. Passive RFID systems use tags with no internal power source and instead are powered by the electromagnetic energy transmitted from an RFID reader. Passive RFID tags have no internal power source and wait for a signal from an RFID reader. The reader sends energy to an antenna which converts that energy into an RF wave that is sent into the read zone. Once the tag is read within the read zone, the RFID tag?s internal antenna draws in energy from the RF waves. The energy moves from the tag?s antenna to the IC and powers the chip which generates a signal back to the RF system. This is called backscatter. The backscatter, or change in the electromagnetic or RF wave, is detected by the reader (via the antenna), which interprets the information.

This report aims to provide a comprehensive presentation of the global market for Passive RFID Tags, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passive RFID Tags. This report contains market size and forecasts of Passive RFID Tags in global, including the following market information:

• Global Passive RFID Tags Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Passive RFID Tags Market Sales, 2018-2023, 2024-2029, (K Units)

Report Sample includes:

- Table of Contents

- List of Tables & Figures

- Charts

- Research Methodology

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The global Passive RFID Tags market was valued at US$ 2006.8 million in 2022 and is projected to reach US$ 3073.4 million by 2029, at a CAGR of 6.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Passive RFID tags are used for applications such as access control, file tracking, race timing, supply chain management, smart labels, and more. The lower price point per tag makes employing passive RFID systems economical for many industries.

We surveyed the Passive RFID Tags manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.?Total Market by Segment:

Global Passive RFID Tags Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Passive RFID Tags Market Segment Percentages, by Type, 2022 (%)

• Inlays
• Hard Tags

Global Passive RFID Tags Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Passive RFID Tags Market Segment Percentages, by Application, 2022 (%)

• Health Care
• Retail
• Aerospace and Automotive
• Maritime
• Oil and Gas
• Surveillance and Security
• Logistics and Supply-chain
• Others

Global Passive RFID Tags Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Passive RFID Tags Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Passive RFID Tags revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Passive RFID Tags revenues share in global market, 2022 (%)
• Key companies Passive RFID Tags sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies Passive RFID Tags sales share in global market, 2022 (%)

key players include:

• Honeywell
• GAO RFID Inc.
• HID Global Corporation
• Impinj, Inc.
• Smartrac N.V.
• The Tag Factory
• Invengo Information Technology
• Alien Technology
• CoreRFID
• InfinIDTech
• Skyrfid
• Omni-ID
• OrangeTags
• Dahua Technology
• ChuanDa KeHong New Technology
• Beijing Tangan
• Guangdong Xinye
• Outline of Major Chapters:
• Chapter 1: Introduces the definition of Passive RFID Tags, market overview.
• Chapter 2: Global Passive RFID Tags market size in revenue and volume.
• Chapter 3: Detailed analysis of Passive RFID Tags manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Passive RFID Tags in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Passive RFID Tags capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.

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