Global and United States Passive RFID Tags Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Passive RFID Tags Market
This report focuses on global and United States Passive RFID Tags market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Passive RFID Tags market size is estimated to be worth US$ 2094.8 million in 2022 and is forecast to a readjusted size of US$ 3066.9 million by 2028 with a CAGR of 6.6% during the review period. Fully considering the economic change by this health crisis, by Type, Inlays accounting for % of the Passive RFID Tags global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Health Care was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Passive RFID Tags Scope and Market Size
Passive RFID Tags market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Passive RFID Tags market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Passive RFID Tags market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Inlays
Hard Tags
Segment by Application
Health Care
Retail
Aerospace and Automotive
Maritime
Oil and Gas
Surveillance and Security
Logistics and Supply-chain
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
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