What would be the value of global Chipless RFID Market by 2031?
Posted by pooja on August 11th, 2022
The latest professional survey studies predict that the global chipless RFID market will expand at an outstanding growth rate of 23.1 % over the forecast period of 2020 to 2027. It dictates that the global chipless RFID market was evaluated at US$ 903.3 million in the base year of the study i.e. 2019.
The research report predicts that the global chipless RFID market will cross the evaluation of US$ 4,744.0 million by the end of the forecast period in 2027.
Radio-frequency identification (RFID) uses of a wireless non-contact system that in turn uses electromagnetic fields with the level of radio frequency to transmit data. The data is sent from a tag which is attached with an object, for automatic tracking and identification. Some tags are given power by the electromagnetic fields that are then used to read them, and hence need no battery.
Key market players of Chipless RFID Market include Alien Technology Corporation, Confidex Ltd., Impinj Incorporation, Intermec Inc., Soligie Inc., Toppan forms Co.Ltd., Basf S.E., Dai Nippon Printing Company Limited, kovio inc., Inksure Technologies Inc., and Zebra Technologies Corporation among others.
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Joined: July 27th, 2022
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