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.
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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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe UHF RFID (RAIN) Market – By Component
1.3.2 Europe UHF RFID (RAIN) Market – By Application
1.3.3 Europe UHF RFID (RAIN) Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe UHF RFID (RAIN) Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe UHF RFID (RAIN) Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 RFID Technologies Being Highly Adopted by Retail Sector
5.1.2 Surge in Counterfeiting Activities
5.2 Market Restraints
5.2.1 Concerns About RAIN RFID Technology's Security
5.3 Market Opportunities
5.3.1 Boost in IoT Providing More Market Opportunities
5.4 Future Trends
5.4.1 Automobile Manufacturers Production Capacity Growing
5.5 Impact Analysis of Drivers and Restraints
6. UHF RFID (RAIN) Market – Europe Analysis
6.1 Europe UHF RFID (RAIN) Market Overview
6.2 Europe UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7. Europe UHF RFID (RAIN) Market Analysis – By Component
7.1 Overview
7.2 Europe UHF RFID (RAIN) Market, by Component (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.3 Tags and Labels
7.3.3.1 Tags and Labels: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.4 Readers
7.3.4.1 Readers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.5 Printers
7.3.5.1 Printers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.6 Other Hardware
7.3.6.1 Other Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8. Europe UHF RFID (RAIN) Market Analysis – By Application
8.1 Overview
8.2 Europe UHF RFID (RAIN) Market, by Application (2019 and 2027)
8.3 Retail and Consumer Goods
8.3.1 Overview
8.3.2 Retail and Consumer Goods: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Logistics and Transportation
8.4.1 Overview
8.4.2 Logistics and Transportation: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Healthcare
8.5.1 Overview
8.5.2 Healthcare: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Manufacturing
8.6.1 Overview
8.6.2 Manufacturing: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Other Applications
8.7.1 Overview
8.7.2 Other Applications: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9. Europe UHF RFID (RAIN) Market – Country Analysis
9.1 Overview
9.1.1 Europe: UHF RFID (RAIN) Market, By Country
9.1.1.1 Germany: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Germany: UHF RFID (RAIN) Market, By Component
9.1.1.1.2 Germany: UHF RFID (RAIN) Market, By Application
9.1.1.2 France: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 France: UHF RFID (RAIN) Market, By Component
9.1.1.2.2 France: UHF RFID (RAIN) Market, By Application
9.1.1.3 Italy: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Italy: UHF RFID (RAIN) Market, By Component
9.1.1.3.2 Italy: UHF RFID (RAIN) Market, By Application
9.1.1.4 UK: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 UK: UHF RFID (RAIN) Market, By Component
9.1.1.4.2 UK: UHF RFID (RAIN) Market, By Application
9.1.1.5 Russia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 Russia: UHF RFID (RAIN) Market, By Component
9.1.1.5.2 Russia: UHF RFID (RAIN) Market, By Application
9.1.1.6 Rest of Europe: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of Europe: UHF RFID (RAIN) Market, By Component
9.1.1.6.2 Rest of Europe: UHF RFID (RAIN) Market, By Application
10. Europe UHF RFID (RAIN) Market- COVID-19 Impact Analysis
10.1 Europe
11. Industry Landscape
11.1 Market Initiative
11.2 Mergers and Acquisition
11.3 New Product Development
12. Company Profiles
12.1 Convergence Systems Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CAEN RFID S.r.l.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Impinj, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Invengo Technology Pte. Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Jadak- A Novanta Company
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Murata Manufacturing Co., Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NXP Semiconductors N.V.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Walki Group Oy
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Germany UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. France UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 6. France UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 7. France UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. Italy UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 9. Italy UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 10. Italy UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 11. UK UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 12. UK UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 13. UK UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 14. Russia UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 15. Russia UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 16. Russia UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of Europe UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of Europe UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of Europe UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe UHF RFID (RAIN) Market Segmentation
Figure 2. Europe UHF RFID (RAIN) Market Segmentation – By Country
Figure 3. Europe UHF RFID (RAIN) Market Overview
Figure 4. Hardware Segment Held the Largest Market Share in 2019
Figure 5. Retail and Consumer Goods Application Segment Held the Largest Market Share in 2019
Figure 6. UK to Show Great Traction During Forecast Period
Figure 7. Europe – PEST Analysis
Figure 8. Europe UHF RFID (RAIN) Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Europe UHF RFID (RAIN) Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Europe UHF RFID (RAIN) Market Revenue Share, by Component (2019 and 2027)
Figure 13. Europe Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Europe Tags and Labels: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Europe Readers Market: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Europe Printers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Europe Other Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Europe Software: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Europe Services: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Europe UHF RFID (RAIN) Market Revenue Share, by Application (2019 and 2027)
Figure 21. Europe Retail and Consumer Goods: UHF RFID (RAIN) – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Europe Logistics and Transportation: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Europe Healthcare: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Europe Manufacturing: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Europe Other Applications: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Europe UHF RFID (RAIN) Market, By Country - Revenue 2019 (US$ Million)
Figure 27. Europe UHF RFID (RAIN) Market Revenue Share, By Country (2019 and 2027)
Figure 28. Germany: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. France: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Italy: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. UK: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Russia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Rest of Europe: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe Country Markets
The List of Companies - Europe UHF RFID (RAIN) Market
- 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
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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