Rise in Demand from Healthcare Sector Expected to Drive Asia-Pacific RFID Readers Market: Ken Research

May 2021  

RFID reader is also identified as interrogator. It is a device that provides the connection between tag-data and enterprise system software that needs the information. RFID reader communicates with the tags that are within its operation field, performing any number of tasks like filtering (searching for tags that meet certain criteria), simple continuous inventorying and writing (or encoding) to select tags etc.

RFID reader uses an attached antenna for capturing the data from tags and then passes the data to a computer to process. Readers can be affixed in stationary position in a factory or store, or integrated into a mobile device for instance a portable and handheld scanner. These readers can also be embedded in electronic equipment/devices, and in vehicles.

As per analysis, “Asia Pacific RFID Readers Market 2020-2026 by Product Type, Frequency Band, Connector Type, Operating System, Application, and Country: Trend Forecast and Growth Opportunity” the key companies operating in the Asia-Pacific RFID readers market include Nedap N.V., Bright Alliance Technology Limited,  Datalogic S.p.A, GAO RFID, Inc., Daily RFID Co. Limited, Alien Technology Corporation, Invengo Technology Pte. Ltd., Technology Solutions UK Ltd. (TSL), Daily RFID Co. Limited, CipherLab Co., Ltd., Honeywell International Inc., ThinkMagic (Trimble), Impinj, Inc., Feig Electronics GmbH, Zebra Technologies Corporation, Xerox Corporation and among others.

By product type, Asia-Pacific RFID readers market is segregated as handheld RFID readers and fixed or wall mounted RFID readers. By frequency range, market is segregated as low-frequency, high frequency and ultra-high frequency. High frequency segment is expected to witness higher growth rate because of its features like patient flow tracking, tracking library books, ticketing, and data transfer applications during the forecast period. By connector type, market is segregated as Bluetooth, USB, wireless, PC interface, Ethernet and others. By operating system, market is segregated as android, windows, media access control (MAC) and others. In addition, by application, market is segregated as asset tracking, e-payments, material handling & logistics, identification & security, military & aerospace and others.

The Asia-Pacific RFID readers market is driven by increase in need for efficient supply chain management, followed by high deployment in the automotive sector, increase in regulations & government initiatives for various industries and rise in demand for RFID systems in healthcare & transport sectors. However, high cost of reading equipment and lack of standardizations may impact the market. Moreover, growth in retail industry and integration of new technologies in the RFID readers are key opportunities for market. Furthermore, lack of awareness about RFID solutions and expert workforce and lack of backend support for large volumes of data are major challenge for market.

By country-wise analysis, the Asia-Pacific RFID readers market is bifurcated as China, Japan, South Korea, India, Australia and rest of the Asia-Pacific. It is predicted that future of the Asia-Pacific RFID readers market will be bright because of rise in demand for RFID readers to track inventory & equipment coupled with increase in penetration of RFID sensors in various applications such as healthcare, retail, and education during the forecast period.

For More Information, click on the link below:-

Asia Pacific RFID Readers Market Research Report

Related Report:-

Global RFID Readers Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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