Europe UHF RFID (RAIN) Market Developments and Forecast by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Europe UHF RFID (RAIN) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services) and Application (Retail and Consumer Goods, Logistics and Transportation, Healthcare, Manufacturing, and Other Applications)

  • Report Date : May 2021
  • Report Code : TIPRE00022163
  • Category : Electronics and Semiconductor
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 120

The UHF RFID (RAIN) market in Europe is expected to grow from US$ 568.39 million in 2019 to US$ 1,549.64 million by 2027; it is estimated to grow at a CAGR of 13.5% from 2020 to 2027.

France, Germany, Italy, Russia, and UK are major economies in Europe. Surge in counterfeiting activities is the major factor driving the Europe UHF RFID (RAIN) market. Growing complexities in supply chains—due to outsourcing, internationalization, and e-retailing—are leading to mitigation of control over various activities, which has led to vulnerabilities in these supply chains. Counterfeiting is a widespread issue that impacts various businesses. At present, the issue is limited to luxury products and goods such as beauty products and apparel. For instance, Louis Vuitton, the French handbag designer company, has been a favorite target of counterfeiters. Furthermore, sports giants such as Reebok and Adidas are taking on the ever-growing number of counterfeits. They filed the trademark suit in federal court against ~50 online sellers for selling, promoting, and providing for sale and distributing quantities of footwear. This lawsuit comes during the attention to the rising counterfeit-centric posts on Facebook platforms, which also comprise sponsored content that sellers pay Instagram to post. Thus, Reebok and Adidas are seeking US$ 2 million from each of the defendants for every counterfeit trademark used. The cases of counterfeits are gradually decreasing with the introduction of UHF RFID technology, as it makes copying or faking the trademark difficult and delivers a multi-layered defense against attacks on supply chain. With this technology, one can identify an individual item, determine its location, and review its chain of custody. Gathering this data makes it easier to handle the supply chain and identify counterfeits.  

Due to the COVID-19 outbreak, Russia, UK, France, Spain, Italy, and Germany are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, the region experienced an economic slowdown in 2020 and, most likely, in 2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit the spread of coronavirus among its citizens. European countries represent a major market for UHF RFID (RAIN) adoption due to the rising e-commerce and automotive industries. Since several European countries are in the phase of lockdowns, warehouses have been closed. In Germany, several fashion retailers, shoe and sports shops, and electronics stores are affected due to this pandemic. Additionally, major automotive plants were temporarily closed, leads to a decrease in the shipments of car spare parts, where UHF RFID plays an important role to efficiently track the products. All these factors are expected to have a direct impact on UHF RFID (RAIN) market growth in European countries. Russia, Italy, Spain, Germany, UK, and France UHF RFID (RAIN) markets are anticipated to see a decrease till mid-2021.         

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe UHF RFID (RAIN) market. The Europe UHF RFID (RAIN) market is expected to grow at a good CAGR during the forecast period.

Europe UHF RFID (RAIN) market

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe UHF RFID (RAIN) Market Segmentation

Europe UHF RFID (RAIN) Market – By Component

  • Hardware
    • Tags and Labels
    • Readers
    • Printers
    • Other Hardware
  • Software
  • Services

Europe UHF RFID (RAIN) Market – By Application

  • Retail and Consumer Goods
  • Logistics and Transportation
  • Healthcare
  • Manufacturing
  • Other Applications

Europe UHF RFID (RAIN) Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe   

Europe UHF RFID (RAIN) Market - Companies Mentioned

  • CAEN RFID S.r.l
  • Convergence Systems Limited
  • Impinj, Inc.
  • Invengo Technology Pte. Ltd.
  • Jadak- A Novanta Company
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors N.V.
  • Walki Group Oy

Europe UHF RFID (RAIN) Report Scope

Report Attribute Details
Market size in 2019 US$ 568.39 Million
Market Size by 2027 US$ 1,549.64 Million
Global CAGR (2020 - 2027) 13.5%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Component
  • Hardware
  • Software
  • Services
By Application
  • Retail and Consumer Goods
  • Logistics and Transportation
  • Healthcare
  • Manufacturing
  • Other Applications
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • CAEN RFID S.r.l
  • Convergence Systems Limited
  • Impinj, Inc.
  • Invengo Technology Pte. Ltd.
  • Jadak- A Novanta Company
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors N.V.
  • Walki Group Oy
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    Our Clients

    The List of Companies - Europe UHF RFID (RAIN) Market

    1. CAEN RFID S.r.l
    2. Convergence Systems Limited
    3. Impinj, Inc.
    4. Invengo Technology Pte. Ltd.
    5. Jadak- A Novanta Company
    6. Murata Manufacturing Co., Ltd.
    7. NXP Semiconductors N.V.
    8. Walki Group Oy
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