Real-Time Locating System Market is Impressive Growth |
Posted by Sujeet Nakade on February 14th, 2020
Real-Time Locating System Market Size, Top Companies, Industry Share, Clinical Review, Technological Trends and Investment plans, Growth Factors, Product Types, Applications, Revenue Strategy. The study highlights detailed assessment of the Market and display market sizing trend by revenue & volume (if applicable), current growth factors, facts, expert opinions and industry validated market development data. The renowned players in STANLEY Healthcare , Savi Technology , Sonitor Technologies, TeleTracking Technologies, Inc., CenTrak, DECAWAVE, Ubisense, AeroScout International, PINC Solutions, SKYTRON, Motorola Solutions, Inc. Zebra Technologies Corporation, Versus Technology, Inc., Awarepoint Corporation, Cerner Corp., GE Healthcare, STATSports Technologies, AiRISTA Flow, Alien Technology, Aruba Networks, Identec Group and many more.
The global real-time locating system market is expected to reach USD 9.42 billion by 2025 from USD 2.89 billion in 2017 and is projected to grow at a CAGR of 11.8% in the forecast period of 2018 to 2025.
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By Offering (Hardware, Software, Service), Technology (RFID, W-Fi, UWB, BLE), Application (Healthcare, Transportation, Logistics, Manufacturing, Process Industries, Government, Defense, Hospitality, Retail, Others (Academics, Warehousing, Yards and Docks Monitoring))
Real time location system (RTLS) is applied to track and recognize various assets and objects on real time basis. RTLS offers accurate information on several assets through communication between the local engine and the object to be tracked in various organizations. Crucial application segments contain transportation logistics, manufacturing & process industries, healthcare and retail. The solutions provided for healthcare amenities help in improving clinical excellence by capturing workflow proficiencies and cost reduction. Government support endorsing the procedure of Real-Time-Locating system (RTLS) and decreasing prices of Real-Time-Locating system (RTLS) components which have also maintained the market’s growth. In the term of end-user, it is used for technology sector which raise the growth for accepting Zig-bee and UWB (Ultra- wide band).
Market Drivers and Restraints:
Increasing demand in RFID (Radio frequency identification detection) in tracking system.
Growing demand in Wi-Fi protected Access, which limit the physical areas.
Research and development took place to improve the WLAN in physical location.
Rising demand for fleet tracking, inventory & asset tracking.
Distortion due to high cost of establishment.
Table of Contents:-
In order to better analyze value chain/ supply chain of the Industry, a lot of attention given to backward & forward Integration
– Real-Time Locating System Manufacturers
– Real-Time Locating System Distributors/Traders/Wholesalers
– Real-Time Locating System Sub-component Manufacturers
– Industry Association
– Downstream Vendors
Highlights of the worldwide Cloud Robotics Market Report:
Imperative alteration of the market dynamics
Broad-gauge analysis of the parent market
Market share study
Estimate the role of business growth and advancement
Current, historic, and future research in terms of importance and volume
Main strategies of the foremost important players
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About the AuthorSujeet Nakade
Joined: September 25th, 2019
Articles Posted: 332
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