Passive RFID Tags Market

Passive RFID Tags Market 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 tags internal antenna draws in energy from the RF waves. The energy moves from the tags 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.

Passive RFID Tags Market contains market size and forecasts of Passive RFID Tags in global, including the following market information:

• Global Passive RFID Tags Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Passive RFID Tags Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Passive RFID Tags companies in 2021 (%)

The global Passive RFID Tags market was valued at 2006.8 million in 2021 and is projected to reach US$ 3073.4 million by 2028, at a CAGR of 6.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Inlays Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Passive RFID Tags include Honeywell, GAO RFID Inc., HID Global Corporation, Impinj, Inc., Smartrac N.V., The Tag Factory, Invengo Information Technology, Alien Technology and CoreRFID, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Passive RFID Tags manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

• Global Passive RFID Tags Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
• Global Passive RFID Tags Market Segment Percentages, by Type, 2021 (%)
• Inlays
• Hard Tags

Global Passive RFID Tags Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Passive RFID Tags Market Segment Percentages, by Application, 2021 (%)

• Health Care
• Retail
• Aerospace and Automotive
• Maritime
• Oil and Gas
• Surveillance and Security
• Logistics and Supply-chain
• Others

Global Passive RFID Tags Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Passive RFID Tags Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Passive RFID Tags revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Passive RFID Tags revenues share in global market, 2021 (%)
• Key companies Passive RFID Tags sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Passive RFID Tags sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• 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