Rfid Market Scope And Analysis

RFID Market Report Scope

 

Recent Developments:

 

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the RFID market. A few recent key RFID market player developments are listed below:

• In 2022, Avery Dennison has commenced operations of its new intelligent labels factory in Brazil. The new plant aims to meet the growing demand from various industry sectors within the national market and other regions in South America as driven by new “contactless” consumer experience and omni-channel models.

• In 2022, SML and PervasID providing innovative, high-accuracy UHF Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking. This exclusive partnership will focus on delivering a unique combination of PervasID’s passive RFID reader technology and SML’s Clarity enterprise software solutions to drive higher profits for retailers
• In 2022, TagMaster launched a new RFID reader for parking and access control – XT-5. The XT-5 is an RFID reader designed and optimized for solutions in the access control area and parking applications such as airport car parks, railyards, and bus depots, automated truck activities, internal logistics.

• In 2022, Correios Brazil has implemented RFID tags on cargo containers, which hold hundreds of packages, and installed around 2,000 readers at the entry and exit points in operational units, to better track letters and parcels through its network.

• In 2022, Avery Dennison Corporation has announced the new AD Twist U7XM inlays for inventory and supply chain management applications in challenging environments, such as automotive, aerospace, and other industrial sectors. The new UHF RFID inlays have been designed specifically for environments where metal is in situ, such as within pipes, tubes, and cable harnesses.

• In 2021, the new AD Slim DF EM4425 tag is designed for logistics, medical, and industrial use cases and offers customer engagement features. It enables powerful all-in-one solutions for inventory management and product authentication, enabling a consistent customer experience in various channels

• In 2021, HID Global announced the acquisition of Brazilian manufacturer and reseller of RFID hardware, ACURA. The acquisition enhances HID Global’s RFID portfolio while expanding the company’s presence and relevance in Latin America.

• In 2021, SML RFID launches high-performance GB3U9 inlay. The GB3U9 is equipped with the latest RFID chip from NXP, UCode9, enabling great read sensitivity, resulting in high-quality and rapid inventory counting in dense RFID tag populations. The GB3 inlay offers a unique option for the retail apparel, footwear, cosmetics, and electronic industries.

• In 2021 SML Group has launched GB24U, a dual tag technology combining item-level tracking abilities of RFID with the loss prevention capabilities of an Electronic Article Surveillance (EAS) tag.