Pune, Maharashtra -- (SBWIRE) -- 08/29/2023 -- HTF MI introduces new research on Handheld RFID Readers covering the micro level of analysis by competitors and key business segments (2023-2029). The Handheld RFID Readers explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled in the study are Convergence Systems Limited (China), Denso Corporation (Japan), Honeywell International (United States), Bluebird (Republic of Korea), Shenzhen Chainway Information Technology Co., Ltd. (China), Technology Solutions (UK) Ltd. (United Kingdom), Zebra Technologies Corporation (United States), FEIG Electronic (Germany), Nordic ID (Finland), Trimble (United States), AsReader (United States), Unitech Electronics Co., Ltd. (Taiwan (R.O.C)), Alien Technology, LLC. (United States), SensThys (United States), Invengo Information Technology Co Ltd (China).
Get Free Sample Report + All Related Graphs & Charts ???? https://www.htfmarketintelligence.com/sample-report/global-handheld-rfid-readers-market
According to HTF Market Intelligence, the Global Handheld RFID Readers market is to witness a CAGR of 8.36% during forecast period of 2023-2029. The market is segmented by Application (Transportation &Logistics, Healthcare, Hospitality, Food & Beverage, Retail, Manufacturing, Government) by Type (Low Frequency Handheld RFID readers, High Frequency Handheld RFID readers, Ultra High Frequency handheld RFID readers) by Product Type (Handheld RFID Reader, Fixed RFID Reader) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
A handheld RFID Reader is a radio frequency-based device that enables the mobile workforce to track assets in the field. RFID Readers are available in various types including fixed or portable. Handheld RFID readers can be used almost anywhere. The handheld RFID readers are based on RFID technology. RFID is a technology, known as radio frequency identification. It uses radioÂfrequency waves to transfer data between a reader and a movable item to identify, and categorize track. It is fast and did not require any physical contact between the reader and the tagged article. RFID is one fast-developing technology that delivers wireless identification and tracking capability for tagging objects, and people on the end, called tags and more complex devices on the other end of the link known as readers. It is considered one of the emerging technologies and rapidly growing in various segments such as the automatic identification and data capture industry. RFID readers are revolutionizing supply chain management, replacing bar codes, and also becoming one cost-effective technology. There is a huge range of HF, LF, UHF, or NFC handheld RFID readers accessible in the market that can be deployed easily in any industry for smooth tracking of products such as Supply Chain Management, Logistics Management, Inventory Management, Asset Tracking, and many others. It also enhances the visibility into inventory and enterprise assets using a high-performing RAIN and another type of RFID handheld reader built with a reader chip inside. The advanced handheld readers are ergonomic and durable with intuitive designs and long-lasting batteries. Many of the manufacturers' supply chain partners in China, who temporarily suspended their business operations beginning in January 2020, have since resumed operations. The spread of COVID-19 has resulted in broad global business disruption, which impacted both the company's supply chain activities and customer demand.
Market Trends:
- Increasing Acceptance in the Retail Sector
- Development of Online Platforms
Market Drivers:
- Rising Applications in Access Control and Security
- Rise in Awareness Regarding RFID Technology
Market Opportunities:
- RAIN RFID
- Technological Development and Product Innovation
Highlighted of Handheld RFID Readers Market Segments and Sub-Segment:
Handheld RFID Readers Market by Key Players: Convergence Systems Limited (China), Denso Corporation (Japan), Honeywell International Inc. (United States), Bluebird Inc. (Republic of Korea), Shenzhen Chainway Information Technology Co., Ltd. (China), Technology Solutions (UK) Ltd. (United Kingdom), Zebra Technologies Corporation (United States), FEIG Electronic (Germany), Nordic ID (Finland), Trimble Inc. (United States), AsReader, Inc. (United States), Unitech Electronics Co., Ltd. (Taiwan (R.O.C)), Alien Technology, LLC. (United States), SensThys Inc. (United States), Invengo Information Technology Co Ltd (China)
Handheld RFID Readers Market by Types: Low Frequency Handheld RFID readers, High Frequency Handheld RFID readers, Ultra High Frequency handheld RFID readers
Handheld RFID Readers Market by End-User/Application: Transportation &Logistics, Healthcare, Hospitality, Food & Beverage, Retail, Manufacturing, Government
Handheld RFID Readers Market by Geographical Analysis:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
Get an Instant Discount (10-20% off) at Handheld RFID Readers Market Report ???? https://www.htfmarketintelligence.com/request-discount/global-handheld-rfid-readers-market
The study is a source of reliable data on Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain, and investor analysis.
Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Handheld RFID Readers market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Buy the Full Research report of Handheld RFID Readers Market ???? https://www.htfmarketintelligence.com/buy-now?format=3&report=1759
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Australia or Southeast Asia.
About Author:
HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality.
Contact Us:
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com