RFID Tag Antenna Market Growth Analysis

Market Insights

The global growth of RFID tag antenna market size is primarily driven by increasing product use across verticals including electronics, telecommunication and automobiles among others. Rising product demand in military industry is likely to propel the market growth at a significant rate during the review period. In addition to this, the growing preference for RFID tag antenna in the developing countries is likely to create lucrative opportunities for the players operating in the market in the coming years.

What is RFID Tag Antenna?

RFID technology involves usage of RF signals for automatic identification of objects.  An RFID tag includes all the information about a product. Tag antennas can be made using materials including copper, aluminium and ceramic.

Covid-19 Impact Analysis

The outbreak of COVID-19 significantly impacted the materials supply chains, international trade, and manufacturing operations across the world. The production of RFID tag antenna declined amidst the COVID-19 pandemic as the market players had to shut production facilities or operate the facilities below the optimal production capacities to avoid the spread of the coronavirus.

Key Players

Key players operating in the RFID Tag Antenna Market are-

• Neotech AMT GmbH (Germany)
• Texas Instrument Inc (US)
• GSI Technologies (US)
• Thales S.A. (Fr)
• nScrypt Inc (US)
• Optomec Inc (US)
• Cobham Plc (UK)
• Mars Antennas & RF System (US)
• Optisys Inc (US)
• Shure Inc (US)

Segment Analysis

Application Trends

Based on application, the RFID tag antenna market has been divided into electronics, automotive, telecommunication, aerospace & defense, and others. The electronics application segment accounted for the largest market share in 2020. The segment growth can be attributed to increasing growth of the electrical & electronics industry across the globe.

Regional Analysis

By region, the North America RFID Tag Antenna Market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The regional market growth can be attributed to the presence of established end-use industries and key market players such as Texas Instrument Inc (US) and GSI Technologies (US) in the region. The market growth in the Asia-Pacific region is expected to grow at the fastest CAGR during the review on account of increasing product use across sectors particularly in developing countries such as China and India.

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Target Audience

The target audience of RFID Tag Antenna Market includes-

• Distributors
• Suppliers
• Manufacturers
• Logistics organizations
• Government bodies

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

What deliverables will you get in this report?

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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