The global RFID printer market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The RFID printer market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the RFID Printer market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
RFID Printer are smart label printers consist of a labeling components embedded with a chip and antenna. This device is device used to write data to a RFID tag and also print any graphics, barcodes and text onto the label as well. UHF, HF, LF are all able to run through an RFID printer. These printers can print about 20 labels per minute depending on its print speed and label size.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4538
Major Key Players
Zebra Technologies Corporation,
SATO Holdings Corporation,
Honeywell International Inc.,
Toshiba Tec Corp.,
Avery Dennison Corporation,
Seiko Epson Corporation,
TSC Auto ID Technology Co., Ltd,
Wasp Barcode Technologies,
Dascom, Postek Electronics Co., Ltd.
Godex International Co. Ltd.
The global RFID Printer Market is expected to reach approximately USD 4.82 billion by the end of 2023 with 4.90% CAGR during forecast period 2017-2023.
The global RFID printer market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. Asia Pacific region hold the largest share of the total RFID printer market in terms of revenue. Technology-enabled capabilities and high competition between traditional and online retailers shows tremendous growth in retail in industry. Digital retail sales in Asia-Pacific is growing faster due to the improving economies in China, India and Indonesia. In 2015, China accounted for around 40% of the global retail ecommerce sales. Ecommerce is the primary driving factor behind the growth of overall retail sales in Asia Pacific. Number of retailers are focusing towards adopting digital infrastructure. In addition, increasing need to improve inventory management due to safety issue, excess stock, customer service, ordering information of products, the demand of RFID printers increases.
Access Full report Details @ https://www.marketresearchfuture.com/reports/rfid-printer-market-4538
The global RFID printer market is expected to grow significantly over the forecast period, 2017-2023. RFID Printer segment market globally drives the market majorly due to growing demand of electronic devices. Technological advancement in consumer electronics such as TV, microwave, smartphones, fitness trackers are expected to expected to grow the market in past few years.
Due to the high technology adoption and presence of strong retail chain, North America shows the significant share of the total market. Asia Pacific was closely follow by North America in last year. Zebra Technologies Corporation, Honeywell International Inc., Avery Dennison Corporation, are some leading industry participants located in U.S. In September 2017, Zebra Technologies Corporation has launched new ZT600- and ZT510-series industrial printers designed to withstand the harshest environments while delivering superior print quality and uptime.
- Packaging providers
- Retail Operators
- Mobile manufacturer
- Government Agencies
- Security Agencies
- End-user sectors
- Communication operators
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future
+1 646 845 9312
Company Name: Market Research Future
Contact Person: Akash Anand
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –