RFID Printer Market Global Trends, Size, Segments and Growth till 2027

 RFID Printer Market Research Report- Forecast till 2023

Market Highlights

As per Market Research Future (MRFR), the global RFID printer market is expected to reach approximately USD 4.82 billion, with a 4.90% CAGR from 2017-2023 (forecast period). The study assesses the effect of the COVID-19 pandemic on the global RFID printer market and provides a reliable estimation of the predicted fluctuations in demand over the forecast period.

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Segmentation:

The global RFID Printer Market has been segmented on the basis of printer type, printing technology, and applications. 

On the basis of printer type, the global RFID printer market has been segmented into industrial printers, desktop printers, and mobile printers. 

On the basis of printing technology, the global RFID printer market has been segmented into thermal transfer, direct thermal, and inkjet. 

On the basis of applications, the global RFID printer market has been segmented into manufacturing, government, retail, transportation and logistics, healthcare, entertainment, and others. 

Regional Analysis

Region-wise, the global RFID printer market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. 

The Asia Pacific held the largest market share from countries such as China, India, and Japan, among others. The reason for this is the increasing demand for rapid economic growth and the rise of large and medium-sized enterprises. Steady economic growth and rapid urbanization are leading to the development of the Asia Pacific RFID printer industry. Moreover, Asia Pacific is expected to rise over the 2017-2023 forecast period.

Key Players

The industry giants in the global RFID printer market include Zebra Technologies Corporation, TSC Auto ID Technology Co., SATO Holdings Corporation, Honeywell International Inc., Toshiba Tec Corp., Avery Dennison Corporation, Ltd, Wasp Barcode Technologies, Dascom, Postek Electronics Co., Ltd. Seiko Epson Corporation and Godex International Co. Ltd. among others.

Competitive Landscape

The global RFID printer market is extremely competitive. Various existing foreign brands, domestic brands, and new entrants shape a competitive landscape. The key players are increasingly seeking market expansion through numerous strategic mergers and acquisitions, innovation, growing investments in R&D, and cost-effective product portfolio. The RFID printer market is extremely competitive due to the involvement of a range of major vendors.

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