Radio Frequency Identification IC Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The report aims to provide an overview of global RFID IC market with detailed market segmentation by technology, applications, end-user vertical, and five major geographical regions. The global RFID IC market is expected to witness decent growth rate during the forecast period. Growing adoption of technology in retail sector will drive RFID IC market in the coming years.
The objective of this report is as follows:
- To provide overview of the global RFID IC market
- To analyze and forecast the global RFID IC market on the basis of technology, application, and end-user vertical
- To provide market size and forecast till 2028 for overall RFID IC market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
- To profiles key RFID IC players influencing the market along with their SWOT analysis and market strategies
Some of the leading players in RFID IC market are Alien Technology Corporation, ams AG, Inc., EM Microelectronic, Atmel Corporation, Infineon Technologies AG, Microchip Technology, Toshiba Corporation, STMicroelectronics, NXP Semiconductors and Texas Instruments Incorporated. REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 RFID IC Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 RFID IC Market - By Technology
3.2.2 RFID IC Market - By Application
3.2.3 RFID IC Market - By Region
3.2.3.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 RFID IC Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 RFID IC Market Analysis- Global
5.1 Global RFID IC Market Overview
5.2 Global RFID IC Market Forecast and Analysis
6 RFID IC Market Revenue and Forecasts to 2028 - Technology
6.1 Overview
6.2 Technology market forecast and analysis
6.3 Low Frequency (LF) RFID Market
6.3.1 Overview
6.3.2 Low Frequency (LF) RFID market forecast and analysis
6.4 High-Frequency (HF) RFID Market
6.4.1 Overview
6.4.2 High-Frequency (HF) RFID market forecast and analysis
6.5 Ultra-high frequency (UHF) RFID Market
6.5.1 Overview
6.5.2 Ultra-high frequency (UHF) RFID market forecast and analysis
7 RFID IC Market Revenue and Forecasts to 2028 - Application
7.1 Overview
7.2 Application market forecast and analysis
7.3 Tracking & Management Market
7.3.1 Overview
7.3.2 Tracking & Management market forecast and analysis
7.4 Locating & Monitoring Market
7.4.1 Overview
7.4.2 Locating & Monitoring market forecast and analysis
7.5 Security Market
7.5.1 Overview
7.5.2 Security market forecast and analysis
7.6 Inventory and supply chain management Market
7.6.1 Overview
7.6.2 Inventory and supply chain management market forecast and analysis
7.7 Public Transit Market
7.7.1 Overview
7.7.2 Public Transit market forecast and analysis
7.8 Others Market
7.8.1 Overview
7.8.2 Others market forecast and analysis
8 RFID IC Market Revenue and Forecasts to 2028 - End-user Vertical
8.1 Overview
8.2 End-user Vertical market forecast and analysis
8.3 Logistics and Transportation Market
8.3.1 Overview
8.3.2 Logistics and Transportation market forecast and analysis
8.4 Manufacturing Market
8.4.1 Overview
8.4.2 Manufacturing market forecast and analysis
8.5 Healthcare Market
8.5.1 Overview
8.5.2 Healthcare market forecast and analysis
8.6 Retail Market
8.6.1 Overview
8.6.2 Retail market forecast and analysis
8.7 Transportation Market
8.7.1 Overview
8.7.2 Transportation market forecast and analysis
8.8 Smart Card Market
8.8.1 Overview
8.8.2 Smart Card market forecast and analysis
8.9 Animal and Farming Market
8.9.1 Overview
8.9.2 Animal and Farming market forecast and analysis
8.10 Others Market
8.10.1 Overview
8.10.2 Others market forecast and analysis
9 RFID IC Market Revenue and Forecasts to 2028 - Geographical Analysis
9.1 North America
9.1.1 North America RFID IC market overview
9.1.2 North America RFID IC market forecast and analysis
9.1.2.1 North America market forecast and analysis - By Countries
9.1.2.1.1 US market
9.1.2.1.2 Canada market
9.1.2.1.3 Mexico market
9.1.2.2 North America market forecast and analysis -By Technology
9.1.2.3 North America market forecast and analysis -By Application
9.1.2.4 North America market forecast and analysis -By End-user Vertical
9.2 Europe
9.2.1 Europe RFID IC market overview
9.2.2 Europe RFID IC market forecast and analysis
9.2.2.1 Europe market forecast and analysis - By Countries
9.2.2.1.1 France market
9.2.2.1.2 Germany market
9.2.2.1.3 Italy market
9.2.2.1.4 Spain market
9.2.2.1.5 UK market
9.2.2.2 Europe market forecast and analysis -By Type
9.2.2.3 Europe market forecast and analysis -By Application
9.2.2.4 Europe market forecast and analysis -By End-user Vertical
9.3 Asia Pacific (APAC)
9.3.1 Asia Pacific RFID IC market overview
9.3.2 Asia Pacific RFID IC market forecast and analysis
9.3.2.1 Asia Pacific market forecast and analysis - By Countries
9.3.2.1.1 Australia market
9.3.2.1.2 China market
9.3.2.1.3 India market
9.3.2.1.4 Japan market
9.3.2.2 Asia Pacific market forecast and analysis -By Type
9.3.2.3 Asia Pacific market forecast and analysis -By Application
9.3.2.4 Asia Pacific market forecast and analysis -By End-user Vertical
9.4 Middle East and Africa (MEA)
9.4.1 Middle East and Africa RFID IC market overview
9.4.2 Middle East and Africa RFID IC market forecast and analysis
9.4.2.1 Middle East and Africa market forecast and analysis - By Countries
9.4.2.1.1 South Africa market
9.4.2.1.2 Saudi Arabia market
9.4.2.1.3 UAE market
9.4.2.2 Middle East and Africa market forecast and analysis -By Type
9.4.2.3 Middle East and Africa market forecast and analysis -By Application
9.4.2.4 Middle-East market forecast and analysis -By End-user Vertical
9.5 South America (SAM)
9.5.1 South America RFID IC market overview
9.5.2 South America RFID IC market forecast and analysis
9.5.2.1 South America market forecast and analysis - By Countries
9.5.2.1.1 Brazil market
9.5.2.2 South America market forecast and analysis -By Technology
9.5.2.3 South America market forecast and analysis -By Application
9.5.2.4 South America market forecast and analysis -By End-user Vertical
10 Industry Landscape
10.1 Mergers & acquisitions
10.2 Market Initiatives
10.3 New developments
10.4 Investment scenarios
11 Competitive Landscape
11.1 Competitive Product mapping
11.2 Market positioning
12 RFID IC Market, Key Company Profiles
12.1 Alien Technology Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ams AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 EM Microelectronic
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Atmel Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Infineon Technologies AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Microchip Technology
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Toshiba Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 STMicroelectronics
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 NXP Semiconductors
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Texas Instruments Incorporated
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13 Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
13.3 Research Methodology
Alien Technology Corporation
ams AG
EM Microelectronic
Atmel Corporation
Infineon Technologies AG
Microchip Technology
Toshiba Corporation
STMicroelectronics
NXP Semiconductors
Texas Instruments Incorporated
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.