A battery free RFID sensor monitors the temperature and distortions on metallic rotating parts such as spindles or shafts. Several industries widely use it in order to keep a record of employee's attendance or to mitigate the supply chain complexity. Numerous businesses are focusing on incorporating battery free RFID sensors with IoT in order to identify an object and its real-time location. Further, it is highly beneficial for small and medium enterprises, owing to lower costs to maintain good efficiency. Thus, these above factors are anticipated to surge the demand for battery free RFID sensors during the forecast period.
MARKET DYNAMICS
The growing requirement for battery free RFID sensor technology in several industries is one of the significant factors driving the growth of the battery free RFID sensor market. However, the high initial cost may restrain the growth of the battery free RFID sensor market. Furthermore, it helps in enhancing supply chain efficiency and ensures patient safety and mitigates human errors in healthcare processes; thus, this factor is anticipated to witness massive demand during the forecast period.
MARKET SCOPE
The "Global Battery Free RFID Sensor Market Analysis to 2028" is a specialized and in-depth study of the battery free RFID sensor market with a special focus on the global market trend analysis. The report aims to provide an overview of battery free RFID sensor market with detailed market segmentation by application, end user, and geography. The global battery free RFID sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading battery free RFID sensor market players and offers key trends and opportunities in the battery free RFID sensor market.
MARKET SEGMENTATION
The global battery free RFID sensor market is segmented on the basis of application and end user. On the basis of application, the market is segmented as food quality monitoring, supply chain management, condition monitoring, and others. On the basis of end user, the market is segmented as food and beverage, logistics, aerospace and defense, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global battery free RFID sensor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The battery free RFID sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting battery free RFID sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the battery free RFID sensor market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global battery free RFID sensor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The battery free RFID sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting battery free RFID sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the battery free RFID sensor market in these regions.
MARKET PLAYERS
The reports cover key developments in the battery free RFID sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from battery free RFID sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for battery free RFID sensor market. Below mentioned is the list of few companies engaged in the battery free RFID sensor market.
The report also includes the profiles of key battery free RFID sensor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Farsens
- GAO Group
- Inductosense Ltd
- Metalcraft
- Omni-ID
- ON Semiconductor
- Phase IV Engineering Inc.
- Powercast Corp
- RFMicron, Inc. d/b/a Axzon
- Texas Instruments Incorporated
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Battery Free RFID Sensor Market - By Application
1.3.2 Battery Free RFID Sensor Market - By End User
1.3.3 Battery Free RFID Sensor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BATTERY FREE RFID SENSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. BATTERY FREE RFID SENSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BATTERY FREE RFID SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. BATTERY FREE RFID SENSOR - GLOBAL MARKET OVERVIEW
6.2. BATTERY FREE RFID SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BATTERY FREE RFID SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. FOOD QUALITY MONITORING
7.3.1. Overview
7.3.2. Food Quality Monitoring Market Forecast and Analysis
7.4. SUPPLY CHAIN MANAGEMENT
7.4.1. Overview
7.4.2. Supply Chain Management Market Forecast and Analysis
7.5. CONDITION MONITORING
7.5.1. Overview
7.5.2. Condition monitoring Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. BATTERY FREE RFID SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGE
8.3.1. Overview
8.3.2. Food and Beverage Market Forecast and Analysis
8.4. LOGISTICS
8.4.1. Overview
8.4.2. Logistics Market Forecast and Analysis
8.5. AEROSPACE AND DEFENSE
8.5.1. Overview
8.5.2. Aerospace and Defense Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. BATTERY FREE RFID SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Battery Free RFID Sensor Market Overview
9.1.2 North America Battery Free RFID Sensor Market Forecasts and Analysis
9.1.3 North America Battery Free RFID Sensor Market Forecasts and Analysis - By Application
9.1.4 North America Battery Free RFID Sensor Market Forecasts and Analysis - By End User
9.1.5 North America Battery Free RFID Sensor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Battery Free RFID Sensor Market
9.1.5.1.1 United States Battery Free RFID Sensor Market by Application
9.1.5.1.2 United States Battery Free RFID Sensor Market by End User
9.1.5.2 Canada Battery Free RFID Sensor Market
9.1.5.2.1 Canada Battery Free RFID Sensor Market by Application
9.1.5.2.2 Canada Battery Free RFID Sensor Market by End User
9.1.5.3 Mexico Battery Free RFID Sensor Market
9.1.5.3.1 Mexico Battery Free RFID Sensor Market by Application
9.1.5.3.2 Mexico Battery Free RFID Sensor Market by End User
9.2. EUROPE
9.2.1 Europe Battery Free RFID Sensor Market Overview
9.2.2 Europe Battery Free RFID Sensor Market Forecasts and Analysis
9.2.3 Europe Battery Free RFID Sensor Market Forecasts and Analysis - By Application
9.2.4 Europe Battery Free RFID Sensor Market Forecasts and Analysis - By End User
9.2.5 Europe Battery Free RFID Sensor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Battery Free RFID Sensor Market
9.2.5.1.1 Germany Battery Free RFID Sensor Market by Application
9.2.5.1.2 Germany Battery Free RFID Sensor Market by End User
9.2.5.2 France Battery Free RFID Sensor Market
9.2.5.2.1 France Battery Free RFID Sensor Market by Application
9.2.5.2.2 France Battery Free RFID Sensor Market by End User
9.2.5.3 Italy Battery Free RFID Sensor Market
9.2.5.3.1 Italy Battery Free RFID Sensor Market by Application
9.2.5.3.2 Italy Battery Free RFID Sensor Market by End User
9.2.5.4 United Kingdom Battery Free RFID Sensor Market
9.2.5.4.1 United Kingdom Battery Free RFID Sensor Market by Application
9.2.5.4.2 United Kingdom Battery Free RFID Sensor Market by End User
9.2.5.5 Russia Battery Free RFID Sensor Market
9.2.5.5.1 Russia Battery Free RFID Sensor Market by Application
9.2.5.5.2 Russia Battery Free RFID Sensor Market by End User
9.2.5.6 Rest of Europe Battery Free RFID Sensor Market
9.2.5.6.1 Rest of Europe Battery Free RFID Sensor Market by Application
9.2.5.6.2 Rest of Europe Battery Free RFID Sensor Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Battery Free RFID Sensor Market Overview
9.3.2 Asia-Pacific Battery Free RFID Sensor Market Forecasts and Analysis
9.3.3 Asia-Pacific Battery Free RFID Sensor Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Battery Free RFID Sensor Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Battery Free RFID Sensor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Battery Free RFID Sensor Market
9.3.5.1.1 Australia Battery Free RFID Sensor Market by Application
9.3.5.1.2 Australia Battery Free RFID Sensor Market by End User
9.3.5.2 China Battery Free RFID Sensor Market
9.3.5.2.1 China Battery Free RFID Sensor Market by Application
9.3.5.2.2 China Battery Free RFID Sensor Market by End User
9.3.5.3 India Battery Free RFID Sensor Market
9.3.5.3.1 India Battery Free RFID Sensor Market by Application
9.3.5.3.2 India Battery Free RFID Sensor Market by End User
9.3.5.4 Japan Battery Free RFID Sensor Market
9.3.5.4.1 Japan Battery Free RFID Sensor Market by Application
9.3.5.4.2 Japan Battery Free RFID Sensor Market by End User
9.3.5.5 South Korea Battery Free RFID Sensor Market
9.3.5.5.1 South Korea Battery Free RFID Sensor Market by Application
9.3.5.5.2 South Korea Battery Free RFID Sensor Market by End User
9.3.5.6 Rest of Asia-Pacific Battery Free RFID Sensor Market
9.3.5.6.1 Rest of Asia-Pacific Battery Free RFID Sensor Market by Application
9.3.5.6.2 Rest of Asia-Pacific Battery Free RFID Sensor Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Battery Free RFID Sensor Market Overview
9.4.2 Middle East and Africa Battery Free RFID Sensor Market Forecasts and Analysis
9.4.3 Middle East and Africa Battery Free RFID Sensor Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Battery Free RFID Sensor Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Battery Free RFID Sensor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Battery Free RFID Sensor Market
9.4.5.1.1 South Africa Battery Free RFID Sensor Market by Application
9.4.5.1.2 South Africa Battery Free RFID Sensor Market by End User
9.4.5.2 Saudi Arabia Battery Free RFID Sensor Market
9.4.5.2.1 Saudi Arabia Battery Free RFID Sensor Market by Application
9.4.5.2.2 Saudi Arabia Battery Free RFID Sensor Market by End User
9.4.5.3 U.A.E Battery Free RFID Sensor Market
9.4.5.3.1 U.A.E Battery Free RFID Sensor Market by Application
9.4.5.3.2 U.A.E Battery Free RFID Sensor Market by End User
9.4.5.4 Rest of Middle East and Africa Battery Free RFID Sensor Market
9.4.5.4.1 Rest of Middle East and Africa Battery Free RFID Sensor Market by Application
9.4.5.4.2 Rest of Middle East and Africa Battery Free RFID Sensor Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Battery Free RFID Sensor Market Overview
9.5.2 South and Central America Battery Free RFID Sensor Market Forecasts and Analysis
9.5.3 South and Central America Battery Free RFID Sensor Market Forecasts and Analysis - By Application
9.5.4 South and Central America Battery Free RFID Sensor Market Forecasts and Analysis - By End User
9.5.5 South and Central America Battery Free RFID Sensor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Battery Free RFID Sensor Market
9.5.5.1.1 Brazil Battery Free RFID Sensor Market by Application
9.5.5.1.2 Brazil Battery Free RFID Sensor Market by End User
9.5.5.2 Argentina Battery Free RFID Sensor Market
9.5.5.2.1 Argentina Battery Free RFID Sensor Market by Application
9.5.5.2.2 Argentina Battery Free RFID Sensor Market by End User
9.5.5.3 Rest of South and Central America Battery Free RFID Sensor Market
9.5.5.3.1 Rest of South and Central America Battery Free RFID Sensor Market by Application
9.5.5.3.2 Rest of South and Central America Battery Free RFID Sensor Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BATTERY FREE RFID SENSOR MARKET, KEY COMPANY PROFILES
11.1. FARSENS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GAO GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INDUCTOSENSE LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. METALCRAFT
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. OMNI-ID
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ON SEMICONDUCTOR
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PHASE IV ENGINEERING INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. POWERCAST CORP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. RFMICRON, INC. D/B/A AXZON
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TEXAS INSTRUMENTS INCORPORATED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Farsens
2. GAO Group
3. Inductosense Ltd
4. Metalcraft
5. Omni-ID
6. ON Semiconductor
7. Phase IV Engineering Inc.
8. Powercast Corp
9. RFMicron, Inc. d/b/a Axzon
10. Texas Instruments Incorporated
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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