Chipless RFID Market

Introduction of the Chipless RFID Market Report

RFID provides a longer range along with the ability to be automated, unlike the barcodes, which need a human operator for interrogation. The chipless RFID tags refer to the RFID tags that do not need a microchip in the transponder. Radiofrequency identification (RFID) is a wireless technology for the identification and tracking of objects, animals, and persons, which has led to the moderate penetration of the market, when compared to optical identification systems.

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Market Dynamic

Key Drivers and Emerging Trends

The global chipless RFID market is predicted to witness strong demand over the forecast period. This is mainly attributed to the increasing requirement among the organizations for supply chain visibility, and inventory management is one of the major factors that is responsible for the growth of the market. In addition to this, the implementation of different transportation schemes which need RFID technology, such as Oyster Card in the UK, Ventra in the U.S., Octopus Card in China, and Saint Petersburg City Card in Russia, is further surging the growth of the market over the coming years. The radiofrequency identification system provides benefits, such as allows remote reading of tags, which help in tracking the products.

The chipless RFID technology is increasingly used as a low-cost alternative for chipped RFID systems and has the potential to penetrate the mass market for low-cost item tagging when compared with high-cost silicon chip RFID transponders. Various advancement in the chipless RFID is opening new doors for market growth. In 2018, the UC San Diego Jacobs School of Engineering and the Center for Wireless Communications at UC San Diego launched the new chipless ID technology, which has the ability to reflect the WiFi signals. This advanced chipless RFID technology is in the form of metal tags and is made from foil printed on a thin, flexible substance such as paper. As per the research conducted by the Institute of Electrical and Electronics Engineers (IEEE) by 2020, there will be around 50 million objects which will be networked, out of which many will have chipless RFID. The implementation of IoT in the supply chain in the pharmaceutical, manufacturing, and other logistics sector, has helped the market to grow.

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Product Type – Segment Analysis

Based on the product type, the tag is predicted to grow at a higher CAGR during the forecast period. The increasing usage of RFID tags for functions including logistics and supply chain visibility, inventory tracking, and employee tracking is a key driver that is propelling the segment’s growth over the coming years. The RFID technology gives access to real-time data on the individual’s assets. The RFID tags are used for inventory tracking, such as for the identification of location and movement of inventory.

End-User – Segment Analysis

Based on the end-user, the transport & logistics is projected to dominate the market during the forecast period. The growth in the modern infrastructure in countries such as China, India, and Brazil, is a key driver that is contributing to the segment growth. The radio-frequency identification technology is increasingly being used at several warehouses and stores to improve the end user’s experience, increase the store execution, enhances the on-shelf availability, and allow omni-channel retailing. On the other hand, the healthcare is expected to grow at a higher CAGR during the forecast period. The e-healthcare uses advanced RFID technologies such as chipless 2GRFID-Sys, which integrates diverse wireless networking technologies including the wireless LANs and wireless body area networks. Moreover, the rising usage of 1G-RFIA-Sys in the patient’s ID, especially for tapping the patient’s location, is further surging the market growth.

Application – Segment Analysis

Based on the application, the smart cards is projected to witness a faster CAGR during the forecast period. This is mainly due to the continuous technological advancement in the RFID technology used in smart cards over the past few years. For example, the implementation of microprocessors with 5.8 GHz tags for smart cards and chipless IDs has helped in bringing contactless communication, even without the use of silicon chips.

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Regional – Segment Analysis:

Based on region, Asia-pacific is expected to dominate the market during the forecast period. Japan is planning to launch the next-generation in-store experience by the introduction of RFIDs. In 2017, Seven-Eleven Japan and four other major convenience store operators introduced self-checkout registers that can read the prices of products kept in the basket. In China, the leading companies are investing in bringing revolution in the retail sector. For example, in 2018, Tencent launched the RFID technique in which if a customer picks a product from the shop and walks out of the store, the RFID chip will scan the product and send the bill on the individual’s WeChat application. Thus, the constant focus on creating advancements in the RFID is leading to an upsurge in the regional market growth.

Top Market Players

Numerous notable players operating in the market include 3M, Alien Technology, LLC, Confidex Ltd., Dai Nippon Printing Co., Ltd., AVERY DENNISON CORPORATION, IBM Corporation, Impinj, Inc., Barcodes, Inc., PolyIC GmbH & Co. KG, and Siemens, and others. 

Key Developments:

• • In 2019, AVERY DENNISON CORPORATION entered into a partnership with Kit Check, for the implementation of RFID technology for big pharma. This collaboration helped the pharmaceutical companies to make their own medication labels, thus allowing to keep a track of each product.
  • In 2019, Alien Technology, LLC, introduced higgs-9 IC, one of the first release of its next-generation of Higgs RFID semiconductor integrated circuits. This product will help to run faster, smarter, and quicker ROI in RFID deployments.

Segments covered in the Report:

The global Chipless RFID market has been segmented based on product type, end user, application, and regions. Based on product type, the market is segmented into tag, reader, and middleware. Based on end-user, the market is segmented into retail, transport and logistics, aviation, healthcare, and others. Based on application, the market is segmented into smart cards, smart tickets, and others. 

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Key questions answered in this research report:

• • At what pace is global chipless RFID market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global chipless RFID market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global chipless RFID market?
  • Which product type generated maximum revenues in 2019 and identify the most promising Product type during the forecast period?
  • What are the various end user areas of global chipless RFID market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product Type, By End User, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	3M, Alien Technology, LLC, Confidex Ltd., Dai Nippon Printing Co., Ltd., AVERY DENNISON CORPORATION, IBM Corporation, Impinj, Inc., Barcodes, Inc., PolyIC GmbH & Co. KG, and Siemens, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Chipless RFID Market by Product Type

• • Tag
  • Reader
  • Middleware

Global Chipless RFID Market by End-User

• • Retail
  • Transport and Logistics
  • Aviation
  • Healthcare
  • Others

Global Chipless RFID Market by Application

• • Smart Cards
  • Smart tickets
  • Others

Global Chipless RFID Market by Region

• • North America Chipless RFID Market (Option 1: As a part of the free 25% customization)
    • North America Chipless RFID Market by Product Type
    • North America Chipless RFID Market by End User
    • North America Chipless RFID Market by Application
    • US Chipless RFID Market All-Up
    • Canada Chipless RFID Market All-Up
  • Europe Chipless RFID Market (Option 2: As a part of the free 25% customization)
    • Europe Chipless RFID Market by Product Type
    • Europe Chipless RFID Market by End User
    • Europe Chipless RFID Market by Application
    • UK Chipless RFID Market All-Up
    • Germany Chipless RFID Market All-Up
    • France Chipless RFID Market All-Up
    • Spain Chipless RFID Market All-Up
    • Rest of Europe Chipless RFID Market All-Up
  • Asia-Pacific Chipless RFID Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Chipless RFID Market by Product Type
    • Asia-Pacific Chipless RFID Market by End User
    • Asia-Pacific Chipless RFID Market by Application
    • China Chipless RFID Market All-Up
    • India Chipless RFID Market All-Up
    • Japan Chipless RFID Market All-Up
    • Rest of APAC Chipless RFID Market All-Up
  • RoW Chipless RFID Market (Option 4: As a part of the free 25% customization)
    • RoW Chipless RFID Market by Product Type
    • RoW Chipless RFID Market by End User
    • RoW Chipless RFID Market by Application
    • Brazil Chipless RFID Market All-Up
    • South Africa Chipless RFID Market All-Up
    • Saudi Arabia Chipless RFID Market All-Up
    • UAE Chipless RFID Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Chipless RFID Market All-Up

Major Players Operating in the Chipless RFID (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • 3M
  • Alien Technology, LLC
  • Confidex Ltd.
  • Dai Nippon Printing Co., Ltd.
  • AVERY DENNISON CORPORATION
  • IBM Corporation
  • Impinj, Inc.,
  • Barcodes, Inc.,
  • PolyIC GmbH & Co. KG
  • Siemens