Chipless RFID Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global Chipless RFID Market, providing an in-depth analysis of key market dynamics, including drivers, trends, opportunities, and challenges. This detailed report sheds light on the market structure and growth potential over the forecast period.

Key Insights:

Chipless RFID Market Size (2024E): US$2.1 Bn
Projected Market Value (2031F): US$10.5 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 19.5%

Chipless RFID Market - Report Scope:

Chipless RFID technology eliminates the need for a microchip in the RFID tag, making it more cost-effective and scalable for large applications. The market is being driven by the increasing demand for asset tracking, inventory management, and supply chain optimization. With the growing adoption of IoT and advancements in RFID technology, the chipless RFID market is poised for significant growth. This technology finds applications across multiple industries, including retail, logistics, healthcare, and manufacturing, where tracking and authentication are critical.

Market Growth Drivers:

Several factors are driving the growth of the global Chipless RFID Market. The technology's cost-effectiveness compared to traditional RFID solutions is a key driver, making it attractive for large-scale applications. Additionally, the expanding use of RFID in IoT environments is propelling demand, as chipless RFID tags enable more efficient asset tracking and data collection without the high cost associated with chip-based systems. The rising adoption of automation in industries like retail, healthcare, and logistics is further boosting the need for chipless RFID solutions.

Market Restraints:

Despite its promising outlook, the Chipless RFID Market faces several challenges. One of the primary barriers is the limited range and data storage capacity of chipless RFID systems compared to traditional RFID solutions. Additionally, integration with existing infrastructure and the lack of standardization in certain regions may slow down adoption. Concerns over data security and privacy, particularly in sectors like healthcare, could also limit the widespread implementation of chipless RFID technology.

Market Opportunities:

The Chipless RFID Market offers significant growth opportunities, especially in the areas of supply chain management and asset tracking. As industries increasingly adopt automation and IoT technologies, the demand for cost-effective and scalable RFID solutions is expected to surge. Emerging applications in sectors such as agriculture, public transportation, and event management offer new avenues for growth. Furthermore, ongoing research and development in the field of advanced materials and printing technologies could enhance the performance and adoption of chipless RFID systems.

Key Questions Answered in the Report:

What are the primary factors driving the global Chipless RFID Market?
Which industries are witnessing the highest adoption of chipless RFID technology?
How is the growing IoT ecosystem impacting the demand for chipless RFID solutions?
Who are the leading players in the Chipless RFID Market, and what strategies are they implementing to maintain their market positions?
What are the emerging trends and future prospects in the global Chipless RFID Market?

Competitive Intelligence and Business Strategy:

Leading players in the Chipless RFID Market, such as Tag Sense, Thinfilm Electronics, and Toppan Printing, are focusing on innovation and strategic partnerships to maintain their competitive edge. These companies are investing in research and development to improve the range, durability, and performance of chipless RFID tags. Collaborations with industries like retail and logistics are helping expand market reach. Companies are also focusing on addressing security concerns and improving integration with IoT platforms, ensuring the growth and adoption of chipless RFID technology in the global market.

Key Companies Profiled:

Zebra Technologies Corporation
Spectra Systems
Molex Inc.
Xerox Corporation
Politronica Inkjet Printing S.r.l
Vubiq Networks Inc.
Ensurge Micropower ASA
TagSense Inc.
Honeywell International Inc.
NXP Semiconductors N.V.

Chipless RFID Industry Segmentation

By Components

RFID Tags
RFID Readers
RFID Middleware

By Industry

Healthcare
Aerospace & Defence
Logistics & Manufacturing
Retail & Consumer Goods

By Region

North America
Asia Pacific
Latin America
Europe
South Asia & Oceania
East Asia
The Middle East & Africa

Product Code: PMRREP10768

1. Executive Summary

1.1. Global Chipless RFID Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunities
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Lifecycle Analysis
2.4. Chipless RFID Market: Value Chain
- 2.4.1. List of Raw Material Suppliers
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Production Methods
- 2.4.5. Profitability Analysis
2.5. Macro-Economic Factors
- 2.5.1. Global Sectorial Outlook
- 2.5.2. Global GDP Growth Outlook
- 2.5.3. Global Parent Market Overview
2.6. Forecast Factors - Relevance and Impact
2.7. Covid-19 Impact Assessment
2.8. PESTLE Analysis
2.9. Porter's Five Forces Analysis
2.10. Geopolitical Tensions: Market Impact
2.11. Regulatory and Technology Landscape

3. Macro-economic Factors

3.1. GDP Growth Outlook
3.2. Global Healthcare Industry Outlook
3.3. Global Aerospace & Defence Industry Overview

4. Price Trend Analysis, 2019-2031

4.1. Key Highlights
4.2. Key Factors Impacting Product Prices
4.3. Prices By Component / End Use Industry
4.4. Regional Prices and Product Preferences

5. Global Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
- 5.1.1. Market Volume (Unit) Projections
- 5.1.2. Market Size and Y-o-Y Growth
- 5.1.3. Absolute $ Opportunity
5.2. Market Size (US$ Bn) Analysis and Forecast
- 5.2.1. Historical Market Size Analysis, 2019-2023
- 5.2.2. Current Market Size Forecast, 2024-2031
5.3. Global Chipless RFID Market Outlook: Source
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Component, 2019-2023
- 5.3.3. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
  - 5.3.3.1. RFID Tags
  - 5.3.3.2. RFID Readers
  - 5.3.3.3. RFID Middleware
5.4. Market Attractiveness Analysis: Source
5.5. Global Chipless RFID Market Outlook: End Use Industry
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By End Use Industry, 2019-2023
- 5.5.3. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
  - 5.5.3.1. Healthcare
  - 5.5.3.2. Aerospace & Defence
  - 5.5.3.3. Logistics & Manufacturing
  - 5.5.3.4. Retail & Consumer Goods
5.6. Market Attractiveness Analysis: End Use Industry

6. Global Chipless RFID Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Region, 2019-2023
6.3. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Region, 2024-2031
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia and Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region

7. North America Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Component
- 7.3.3. By End Use Industry
7.4. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Country, 2024-2031
- 7.4.1. U.S.
- 7.4.2. Canada
7.5. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
- 7.5.1. RFID Tags
- 7.5.2. RFID Readers
- 7.5.3. RFID Middleware
7.6. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
- 7.6.1. Healthcare
- 7.6.2. Aerospace & Defence
- 7.6.3. Logistics & Manufacturing
- 7.6.4. Retail & Consumer Goods
7.7. Market Attractiveness Analysis

8. Europe Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Component
- 8.3.3. By End Use Industry
8.4. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Country, 2024-2031
- 8.4.1. Germany
- 8.4.2. France
- 8.4.3. U.K.
- 8.4.4. Spain
- 8.4.5. Russia
- 8.4.6. Turkey
- 8.4.7. Rest of Europe
8.5. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
- 8.5.1. RFID Tags
- 8.5.2. RFID Readers
- 8.5.3. RFID Middleware
8.6. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
- 8.6.1. Healthcare
- 8.6.2. Aerospace & Defence
- 8.6.3. Logistics & Manufacturing
- 8.6.4. Retail & Consumer Goods
8.7. Market Attractiveness Analysis

9. East Asia Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Component
- 9.3.3. By End Use Industry
9.4. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Country, 2024-2031
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. South Korea
9.5. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
- 9.5.1. RFID Tags
- 9.5.2. RFID Readers
- 9.5.3. RFID Middleware
9.6. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
- 9.6.1. Healthcare
- 9.6.2. Aerospace & Defence
- 9.6.3. Logistics & Manufacturing
- 9.6.4. Retail & Consumer Goods
9.7. Market Attractiveness Analysis

10. South Asia & Oceania Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Component
- 10.3.3. By End Use Industry
10.4. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Country, 2024-2031
- 10.4.1. India
- 10.4.2. Southeast Asia
- 10.4.3. Rest of South Asia & Oceania
10.5. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
- 10.5.1. RFID Tags
- 10.5.2. RFID Readers
- 10.5.3. RFID Middleware
10.6. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
- 10.6.1. Healthcare
- 10.6.2. Aerospace & Defence
- 10.6.3. Logistics & Manufacturing
- 10.6.4. Retail & Consumer Goods
10.7. Market Attractiveness Analysis

11. Latin America Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Market, 2019-2023
- 11.3.1. By Country
- 11.3.2. By Component
- 11.3.3. By End Use Industry
11.4. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Country, 2024-2031
- 11.4.1. Brazil
- 11.4.2. Mexico
- 11.4.3. Rest of Latin America
11.5. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
- 11.5.1. RFID Tags
- 11.5.2. RFID Readers
- 11.5.3. RFID Middleware
11.6. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
- 11.6.1. Healthcare
- 11.6.2. Aerospace & Defence
- 11.6.3. Logistics & Manufacturing
- 11.6.4. Retail & Consumer Goods
11.7. Market Attractiveness Analysis

12. Middle East & Africa Chipless RFID Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

12.1. Key Highlights
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Bn) and Volume (Unit) Analysis By Market, 2019-2023
- 12.3.1. By Country
- 12.3.2. By Component
- 12.3.3. By End Use Industry
12.4. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Country, 2024-2031
- 12.4.1. GCC
- 12.4.2. Egypt
- 12.4.3. South Africa
- 12.4.4. Northern Africa
- 12.4.5. Rest of Middle East & Africa
12.5. Current Market Size (US$ Bn) and Volume (Unit) Forecast By Component, 2024-2031
- 12.5.1. RFID Tags
- 12.5.2. RFID Readers
- 12.5.3. RFID Middleware
12.6. Current Market Size (US$ Bn) and Volume (Unit) Forecast By End Use Industry, 2024-2031
- 12.6.1. Healthcare
- 12.6.2. Aerospace & Defence
- 12.6.3. Logistics & Manufacturing
- 12.6.4. Retail & Consumer Goods
12.7. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2023
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping By Market
- 13.2.2. Competition Dashboard
- 13.2.3. Apparent Production Capacity
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. Zebra Technologies Corporation
  - 13.3.1.1. Overview
  - 13.3.1.2. Segments and Products
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. Spectra Systems
- 13.3.3. Molex Inc.
- 13.3.4. Xerox Corporation
- 13.3.5. Politronica Inkjet Printing S.r.l
- 13.3.6. Vubiq Networks Inc.
- 13.3.7. Ensurge Micropower ASA
- 13.3.8. TagSense Inc.
- 13.3.9. Honeywell International Inc.
- 13.3.10. NXP Semiconductors N.V.

Note: List of companies is not exhaustive in nature. It is subject to further augmentation during course of research

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations