Handheld RFID Readers Market is expected to Grow Exponentially with an Upper Single Digit Growth Rate
The organizations are increasingly focusing on adopting systems that can increase their overall business efficiency. They are consistently moving towards systems and software that can increase their mobility and enhance throughput. The significant adoption of RFID tags and increasing need for mobility has led to the significant adoption of Handheld RFID Readers. Handheld RFID Readers are handheld devices that are used to interrogate an RFID tag. The reader’s antenna emits radio waves to communicate with radio tags. The handheld RFID readers are widely used across warehouses in order to manage inventory and operations related to orders.
Vendors in the handheld RFID readers market are focusing on the integration of cloud-based network to provide its end-users with centralized management and low cost of deployment. Increasing application of handheld RFID readers in the automotive and manufacturing sector is one of the key trends in handheld RFID readers market.
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Handheld RFID Readers Market: Competitive Landscape
Examples of some of the key players operating in the Handheld RFID Readers market are Invengo Information Technology Co. Ltd., Alien Technology, GAO RFID Inc., Zebra Technologies, CipherLab, Impinj, Inc., Xerox Corporation, Datalogic SPA, Honeywell International Inc., and Unitech Limited.
The Handheld RFID Readers market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and others of APAC, Japan and Middle East & Africa. North America is expected to be a large market for Handheld RFID Readers as a majority of the Handheld RFID Readers vendors such as Honeywell International Inc., Zebra Technologies and Xerox Corporation are based in the region. The increasing interest of retail sectors for growing security concerns is driving the adoption of Handheld RFID Readers in European countries, such as Germany and UK.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Handheld RFID Readers Market: Segmentation
The handheld RFID readers market can be categorized on the basis of frequency, communication type and industry verticals. The demand for ultra-high frequency handheld RFID readers is expected to rise exponentially since its high-frequency range allows users to read more RFID tags in one go. On the basis of communication type, the demand for Wi-Fi handheld RFID Reader is expected to grow since this technology increases the mobility of handheld devices. On the basis of industry verticals, the demand for handheld RFID readers is increasing in retail sectors since it provides simplified supply chain and inventory management.
Handheld RFID Readers market can be segmented on the basis of frequency:
- Low Frequency handheld RFID readers
- High Frequency handheld RFID readers
- Ultra High Frequency handheld RFID readers
Handheld RFID Readers market can be segmented on the communication type:
Handheld RFID Readers market can be segmented on the basis of industry verticals:
- Logistics and Transportation
- Aerospace and Defense