Middle East and Africa UHF RFID (RAIN) Market Segments and Growth by 2027

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

Middle East and Africa 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 : TIPRE00022160

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 110

Page Updated: May 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The UHF RFID (RAIN) market in MEA is expected to grow from US$ 73.27 million in 2019 to US$ 167.84 million by 2027; it is estimated to grow at a CAGR of 11.1% from 2020 to 2027.

France, Germany, Italy, Russia, and UK are major economies in MEA. Automotive manufacturers witnessing production increment is the major factor driving the MEA UHF RFID (RAIN) market. The demand for commercial vehicles and passenger cars, primarily in developing nations, is surging exponentially. The growing production of commercial and passenger vehicles generates huge demand for the UHF RFID technology as it is used at every level of the automotive manufacturing industry to identify the parts through manufacturing and to track products via the supply chain. The automotive sector is continuously looking to automate and enhance its manufacturing and logistics operations. This compels them to collaborate with suppliers and service providers. The UHF RFID technology enables automakers and component suppliers to increase their automotive production efficiency by providing them with the necessary control of manufacturing processes and allowing them to take anti-counterfeiting measures. The technology can also help track new vehicles in the finishing and shipping processes. Thus, the growing vehicle production, is propelling the demand for UHF RFID technologies.

Among the MEA countries, South Africa has faced the highest number of COVID-19 cases. Other major countries facing the economic impact of COVID-19 include Iran, Iraq, Israel, Morocco, Saudi Arabia, and UAE. The region comprises many growing economies such as UAE and Saudi Arabia, which are prospective markets for UHF RFID (RAIN) providers due to the huge presence of a diverse customer base for the retail and e-commerce industry. The global COVID-19 pandemic would have significant effects on global economies, but the region has negatively impacted as there is already pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the region. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the growth of the market 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 MEA UHF RFID (RAIN) market. The MEA UHF RFID (RAIN) market is expected to grow at a good CAGR during the forecast period.

21871-img1

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

MEA UHF RFID (RAIN) Market Segmentation

MEA UHF RFID (RAIN) Market – By Component

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

MEA UHF RFID (RAIN) Market – By Application

Retail and Consumer Goods
Logistics and Transportation
Healthcare
Manufacturing
Other Applications

MEA UHF RFID (RAIN) Market, by Country

South Africa
Saudi Arabia
UAE
Rest of MEA

MEA UHF RFID (RAIN) Market - Companies Mentioned

CAEN RFID S.r.l
Impinj, Inc.
Invengo Technology Pte. Ltd.
Jadak- A Novanta Company
Murata Manufacturing Co., Ltd.
NXP Semiconductors N.V.

Middle East and Africa UHF RFID (RAIN) Report Scope

Report Attribute	Details
Market size in 2019	US$ 73.27 Million
Market Size by 2027	US$ 167.84 Million
Global CAGR (2020 - 2027)	11.1%
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	Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	CAEN RFID S.r.l Impinj, Inc. Invengo Technology Pte. Ltd. Jadak- A Novanta Company Murata Manufacturing Co., Ltd. NXP Semiconductors N.V.

Research Manager

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).

What are the Middle East and Africa UHF RFID (RAIN) Market report deliverables?

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

Recent Reports

Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.

The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

YUKIHIKO ADACHI CEO, Deep Blue, LLC.

We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.

PIYUSH NAGPAL Sr. Vice President, High Beam Global

I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.

Jean-Herve Jenn Chairman, Future Analytica

This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.

John Suzuki President and Chief Executive Officer, Board Director, BK Technologies

The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.

Ran Kedem Partner, Reali Technologies LTDs

Reason to Buy