Chipless RFID Tags Market - Introduction

With the introduction of radio-frequency identi?cation (RFID) technology as a contactless identi?cation technique, more consideration has been drawn towards the application of RFID in a variety of commercial areas such as access management, contactless payment, toll collection, tracking of goods and animals and so on. The RFID tags used earlier were integrated with chips which further increases the total cost of the tagged items. Therefore, there has been demand of low cost RFID tags that can be widely used without adding total cost in the tagged products. Several manufacturers came with low cost Chipless RFID tags that seems to be the ideal solution to address this concern. RFID tags without a silicon IC/microchip/RFID Tag IC are called Chipless RFID tags or RF fibers. These tags are made up of plastic or conductive polymers instead of silicon-based ICs. These tags are referred as passive RFID tags and these relies on electromagnetic power obtained from the RFID reader antenna. The tag reflects back a part of the reader's signal with the stored identification data back to the reader. The reflected signal usually has some sort of unique fingerprint that enables the reader to identify the tag and the transmitted data.

Chipless RFID Tags are low cost, fully printable tags and are designed to work over a wider temperature range and these tags also are less sensitive to RF interference. Contrary to a conventional RFID tag, a Chipless RFID tag needs neither a chip IC, nor self or remote empowerment. Thus, no transmission protocol needs to be used for the sake of detection. Instead, a chip less tag may be considered as a radar target having a speci?c recognizable electromagnetic signature.

Want to know the obstructions to your company’s growth in future? Request a brochure here

Chipless RFID Tags Market – Competitive Landscape

  • In January 2019, Vubiq Networks has completed the development of a hardware/software millimeter wave hyperimaging system. This system will able to code and decode chipless RFID tags with an order of magnitude higher bit density as compared to existing solutions. This further reduces the cost of the tags to less than one cent per tag.

Alien Technology Corporation

Founded in 1994, Alien Technology Corporation is headquartered in San Jose, California. The American technology company is involved in the designing and manufacturing of radio frequency identification (RFID) and ultra-high frequency (UHF) products and services. It offers wide range of RFID transceiver tags, chips, labels and readers for item tagging, retail/apparel, transportation, life sciences, and other applications.

Zebra Technologies Corporation

Zebra Technologies Corporation is a leading Automatic Identification and Data Capture (“AIDC”) Company. The AIDC market consists of mobile computing, data capture, radio frequency identification devices (“RFID”), barcode printing, and other automation products and services. The company designs, manufactures, and sells a broad range of AIDC products, including: mobile computers, barcode scanners, RFID readers, specialty printers for barcode labeling and personal identification, real-time location systems (“RTLS”), related accessories and supplies, such as self-adhesive labels and other consumables, and software utilities and applications.

Dai Nippon Printing Co., Ltd.

Established in 1876, Dai Nippon Printing Co., Ltd. is headquartered in Tokyo, Japan. The company primarily engages in printing business worldwide. The company operates through major three segments - Information Communication, Lifestyle and Industrial Supplies and Electronics segment. The company’s electronic segment provides Color filters, large-scale photomask, touch panel sensors, optical and electrode films, display system for ultra-short focus projector, etc.; and semiconductor photomasks, master templates, hard disk drive suspensions, lead frames, metal substrates, camera modules, near field communication modules, electronic paper display systems, micro electro mechanical systems, etc.

NXP Semiconductors NV

Founded in 2006, NXP Semiconductors NV is based in Eindhoven, Netherlands. The Netherlands-based company possesses an expertise in the manufacturing of semiconductor electronics, high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company was formerly known as KASLION Acquisition B.V and changed its name to NXP Semiconductors N.V. in May 2010. 

Soligie Inc.

Founded in 2005, Soligie Inc. is a leading player in the printed electronics market. The company designs, manufactures and sells printed electronics. It provides iontophoresis patches, interactive pharmaceutical packaging products, and RFID antennas. The company operates in industries such as medical device, smart packaging, flexible interconnect, medical consumables, RFID/logistics, toys, novelties, financial and stored value cards, consumer disposables/goods, and packaging markets. Soligie, Inc. operates as a subsidiary of Molex Incorporated.

Some of the significant players in the chipless RFID tags market are Kovio, Inc., InkSure Technologies, Inc., Toppan Printing Co., Ltd., PolyIC GmbH & Co. KG, Vubiq, Inc. and among others.

Looking for exclusive market insights from business experts? Request a Custom Report here

Chipless RFID Tags Market - Dynamics

Demand of low cost RFID solutions

The rising demand of RFID tags in supply chain for storing information on the tag attached to any object and it builds up a tracking system that use smart barcodes to recognize products is already driving the RFID market. Furthermore, the growing chipless tag technology is witnessed more acceptance owing to its ability to offer functions similar to that of RFID at a relatively lower cost. The technology also holds huge potential due to its ability to offer RFID features such as track and trace, without the need for real-time and line-of-sight technology.

Lack of standards for chipless RFID

Although with the huge potential, chipless RFID tags faces significant limitations and further it is expected to hamper the growth of the market. At present more than 20 different types of chipless tags operating and based on varying principles. Lack of standards to govern this technology is expected to restrict the growth of the market. Moreover, limited memory storage capacity for chipless RFID tags is expected to pose roadblock towards the growth of the market during forecast period.

Chipless RFID Tags Market – Segmentation

The chipless RFID tags market can be segmented based on:

  • Technology
  • Application
  • End Use Industry
  • Geography

Chipless RFID Tags Market Segmentation – By Technology

Based on the technology, the chipless RFID tags can be fragmented into:

  • Spectral Signature Based Chipless Tags
  • Time Domain Reflectometry Based Chipless Tags

Chipless RFID Tags Market Segmentation – By Application

Depending on the application, the chipless RFID tags market can be bifurcated into:

  • Smart Cards
  • Smart Tickets
  • Asset Management
  • Others

Chipless RFID Tags Market Segmentation – By End Use Industry

Depending on the end use industry, the chipless RFID tags market can be classified into:

  • Retail
  • Healthcare
  • Logistics & Transportation
  • BFSI
  • Others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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 breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Chipless Rfid Tags Market

Pre Book