Global UHF RFID Inlays Market: Introduction

The ultra-high frequency (UHF) band ranges from 300 MHz to 1 GHz. Radio frequency identification (RFID) systems that operate in this frequency band is known as UHF RFID system. RFID technology is used to provide information about an object or a person. UHD RFID inlays are small in size which consist of RFID microchip to store and process information and an antenna for transmitting and receiving the signal which is attached to a substrate or material. UHF RFID inlays and tags have capability to read distance up to 50 feet, owing to this they are ideal for multiple tracking applications. For instance, they are used for electronic toll collection and parking access control application as they are capable to trace and read the object at far distance. UHF RFID inlays plays vital role in supply chain to track and identify products efficiently and accurately which helps companies to reduce operation cost and increase efficiency in supply chain. UHF RFID inlays are of two types namely RFID dry inlays and RFID wet inlays. UHF RFID inlays are used by various end-user such as supply chain and asset management, retailers, logistics, and industrial.

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Global UHF RFID Inlays Market: Competition Landscape

SMARTRAC N.V.

Founded in 2000, SMARTRAC N.V. is headquartered in Amsterdam, Netherlands. The company is a global provider of scalable solutions that enables companies to its digitized products and connect them to internet of things. In April 2019, the company showcased its latest RFID products and solutions which includes the Eagle and Wings inlays and tags at RFID Journal Live trade show in Phoenix, Arizona, United States. Eagle is a new UHF RFID product whose far distance read range make it a superior choice for global retail applications. 

Invengo Technology Pte. Ltd.

Founded in 1993, Invengo Technology Pte. Ltd. is headquartered in Aperia, Singapore. The company is a developer and manufacturer of UHF RFID, HF and NFC inlays, connectivity, and tags solutions used in internet of things. In February 2017, the company announced the aunch of new generation linen tag, the LinTRAK-Slim, the slimmest UHF RFID tag for textiles and laundry services industry. The company manufactured this UHF RFID tag based on the latest chip available in the market.

Some of the key players operating in the global UHF RFID inlays market are SMARTRAC N.V., Invengo Technology Pte. Ltd., XINDECO IOT, Avery Dennison Inc., Shang Yang RFID Technology, INLAYLINK, Alien Technology, D and H SMARTID, Junmp Technology, Identiv, Sense Technology, and NETHOM.

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Global UHF RFID Inlays Market: Dynamics

Increasing Use of UHF RFID Inlays for Inventory Management

UHF RFID inlays and tags are used in retail applications owing to its small size, accuracy, and ability to track an object from long distance. The use of UHF RFID inlays helps retailers to track and identify various types of products easily, accurately, and in minimum time. These advantages offered by UHF RFID inlays helps retailers to improve efficiency in supply chain operation.

Moreover, the use of UHF RFID inlays beneficial to improve customer service, inventory accuracy, and decrease in product losses, owing to this UHF RFID inlays are increasingly used for inventory management. As a result of these factors, UHF RFID inlays market is anticipated to show the prominent growth during forecast period. However, UHF RFID inlays do have few drawbacks such as when theses inlays are attached to animal tissues and object containing water, these inlays are difficult to read as water absorbs UHF waves. Additionally, UHF RFID inlays do not work properly with metals, as they get detuned when attached to a metal body which is expected to hinder the growth of the market. 

Global UHF RFID Inlays Market: Segmentation

The global UHF RFID inlays market can be segmented based on:

  • Type
  • End-Use Industry
  • Region

Global Flyback Transformer Market, by Type

Based on type, the global UHF RFID inlays market can be segmented into:

  • UHF Dry Inlays
  • UHF Wet Inlays

Global UHF RFID Inlays Market, by End-Use Industry

Based on end-use industry, the global UHF RFID inlays market can be categorized into:

  • Consumer Goods
  • Food & Beverage
  • Healthcare
  • Industrial
  • Others

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.

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