The Asia-Pacific Radio-Frequency Identification Technology (RFID) Market is said to grow with a CAGR of 16.1% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
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The Asia-Pacific radio-frequency identification technology (RFID) market is a highly fragmented market, including a number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the Asia-Pacific radio-frequency identification technology (RFID) market are introducing a strong range of products providers, launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In May 2020, Zebra Technologies Corp. joined hands with Maikubo Artificial Intelligence (A.I.) Academy. Zebra Technologies Corp. will provide RFID solutions to the Maikubo Academy for achieving faster, more accurate asset tagging and management of its training equipment. The new agreement increased the customer base of the company
Zebra Technologies Corp. is the dominating player in the Asia-Pacific radio-frequency identification technology (RFID) market. The other key players existing in the market include Alien Technology, LLC, CCL Industries, CoreRFID, Honeywell International Inc., Impinj, Inc., Pepperl+Fuchs SE, smart technologies, Jadak – A Novanta Company, HID Global Corporation, part of ASSA ABLOY, Identiv, Inc., Eccel Technology, SES RFID GmbH, Nedap N.V., Invengo Technology Pte. Ltd., NXP Semiconductors, RFID4U, Identec Limited, Datalogic S.p.A., Linxens among others.
Zebra Technologies Corp.
Zebra Technologies Corp. is headquartered in Illinois, U.S., and was found in 1969. It has public ownership. The company specializes in radio frequency identification products, real-time locating systems, data capture, mobile computing, designing and marketing specialty printers, and enterprise asset intelligence. The company offers a wide range of business segments such as Asset Intelligence & Tracking (“AIT”), Enterprise Visibility & Mobility (“EVM”) in which Enterprise Visibility & Mobility (“EVM”) is the market-focused segment. The company offers a wide range of products categories such as Mobile Computers, Printers, Barcode Scanners and Data Capture, Printing Supplies, RFID, Locating Systems Hardware and Software, Tablets, Interactive Kiosks, Accessories, Software, OEM in which RFID is the market-focused category.
- In June 2020, Zebra Technologies Corp. joined hands with South Carolina State University (SCSU) for providing its RAIN RFID solution. The partnership will aid in developing techniques for tackling challenges faced by farmers and distributors within the supply chain. The Zebra RAIN RFID readers and barcode scanners will provide farmers with real-time crop data. This, in turn, will increase the sales of the company
The company marks its wide global presence across North America, Latin America, Asia-Pacific, Europe, Middle East and Africa with its subsidiaries such as ZIH Corp (U.S.), Xplore Technologies (U.S.), Psion Teklogix (U.S.), Zebra Retail Solutions, LLC (U.S.), LaserBand (U.S.) among others.
HID Global Corporation, part of ASSA ABLOY
HID Global Corporation, part of ASSA ABLOY, is headquartered in Texas, U.S. It has private ownership. The company provides products and solutions for identifying people, securing places, and tracking things. The company offers a wide range of products categories such as Appliances, Biometric Readers and Modules, Cards and Credentials, Controllers, Embedded Modules, E-Passports, and E-ID Cards, Financial Instant Issuance, ID Card and Badge Printing, Readers, RFID Tags, Software. Under which Readers, RFID Tags are the market-focused categories.
- In August 2021, HID Global Corporation announced that it had acquired Omni-ID, a leading manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring, and alerting applications. The acquisition extends HID’s market leadership in RFID technology and strengthens its presence in India and China. This acquisition has improved the company’s presence in China and India
The company marks its wide global presence across the Americas, Europe, and Asia-Pacific with its subsidiaries such as Access Limited (U.K.), ActivIdentity (U.S.), IdenTrust Inc. (U.S.), Cross Match Technologies (U.S.), HID Global GmbH, among others.
NXP Semiconductors
NXP Semiconductors is headquartered in Eindhoven, the Netherlands, and was founded in 2006. It has public ownership. The company develops solutions and products for building a smarter world through secured connections and infrastructure. The company offers a wide range of business segments such as automotive, industrial and IoT, mobile, communication infrastructure, and others. Under which industrial and IoT are the market-focused segments. The company offers a wide range of products categories such as Processors and MCUs, Audio, Interfaces, Peripherals and Logic, Power Management, Sensors, R.F., RFID/NFC, Security and, Authentication, Wireless Connectivity in which RFID / NFC are the market-focused categories.
- In June 2021, NXP Semiconductors announced a major industry milestone for 5G energy efficiency with the integration of Gallium Nitride (GaN) technology to its multi-chip module platform. Building on its investment in its GaN fab in Arizona, the most advanced fab dedicated to R.F. power amplifiers in the United States. NXP is the first to announce R.F. solutions for 5G massive MIMO that combine the high efficiency of GaN with the compactness of multi-chip modules.
The company marks its wide global presence across the Americas, Asia, Europe, and the Middle East, and Africa with its subsidiaries such as Catena Holding B.V. (the Netherlands), Jennic (U.K.), NXP USA, Inc. (U.S.), Freescale Semiconductor Holdings II Ltd (Bermuda) and NXP Semiconductors Korea Ltd. (South Korea) among others.
