Power Transmission And Motion Control Industry, Report, Trends, Growth & Forecast To 2030

 The global RFID printer market witness continual growth, witnessing extensive uses in a

number of labeling applications. Over recent years, the demand for RFID printers has

grown rapidly due to burgeoning pharmaceutical industries worldwide. Moreover, the

increasing demand from transportation & logistics, healthcare, and retail sectors escalates

market revenues. 

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With advances in critical printing technologies and integration leading to digital

transformation in industrial set-ups, the market is expected to perceive brisk growth in the

next few years. In this regard, Market Research Future (MRFR) asserts that the global RFID

printer market would grow at a phenomenal CAGR throughout the forecast period (2020-

2027). 

RFID, a Proven Technology When it Comes to Tracking & Tracing Identified Goods

Additionally, the great advantages that mobile printing technology offers to stock

managers, movers, and shippers, who need to track a huge load of goods in remote

locations, create vast market demand. These mobile printers are solid as on-the-go

equipment and need low maintenance, which impacts market growth significantly. On the

other hand, thermal printing technology is fast, flexibly, easy, and productive.

Furthermore, augmenting demand for consumer goods products and the increase in

packaging industries provide a considerable impetus to the market growth. The advent of

new high-speed printing solutions capable of printing a cost-effective alternative for

multiple printing tasks within a wide range of applications boosts the RFID printer market

size.


Global RFID Printer Market – Segments

The RFID printer market forecast is segmented into types, price range, printing technology,

frequency, application, and regions. The type segment is sub-segmented into industrial

printers, desktop printers, mobile printers, and others. The price range segment is sub-

segmented into <USD 2,000, USD 2000 – 4000, >USD 4000. The printing technology

segment is sub-segmented into thermal transfer, direct thermal, inkjet, and others.

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4538

The frequency segment is sub-segmented into low frequency (LF), high frequency (HF),

and ultra-high frequency (UHF). The application segment is sub-segmented into

manufacturing retail, transportation & logistics, healthcare, government, entertainment,

and others. The region segment is sub-segmented into Europe, North America, Asia Pacific,

and Rest-of-the-World.

RFID Printer Market – Regional Analysis

The Asia Pacific region dominates the global RFID printer market. The region has a huge

consumer base in distribution and logistics, which substantiates the RFID printer market

size. Besides, spurring rise in retail manufacturing, transportation & logistics, and

healthcare sectors boost the region’s RFID printer market share. 

Some APAC countries like Japan, China, Indonesia, Hong Kong, and India have the largest

consumer goods market, positively impacting the regional market growth. Moreover,

increasing uses of RFID printers in various other applications foster the market rise. The

strong presence of leading manufacturers and pharmaceutical sectors helps this region to

earn high revenues.

RFID Printer Market – Competitive Analysis 

Highly competitive, the RFID printer market appears to be fragmented due to the presence

of numerous large and small-scale players. Key strategic initiatives traced from the recent


market developments include agreement & partnership, product launch, acquisition, and

expansion. Companies invest substantially in innovations, new product development, and

expanding their global footprints.

Major Players:

Players leading the global RFID printer market include Zebra Technologies Corporation,

Sato Holdings Corporation, Honeywell International Inc, Toshiba Corp., Avery Dennison

Corporation, Seiko Epson Corporation, Dascom, Printronix Auto ID, and ID Technology LLC,

among others.

Industry/ Innovation/ Related News:

Aug. 19, 2021 --- BIXOLON Co., Ltd., a leading global label, mobile, and POS printer

manufacturer, launched its new RFID label printers line-up - the XT5-40NR and XD5-40tR.

The new RFID label printers feature industrial class performance, user-friendly designs,

and durability. These printers are ideal for many types of low and high-volume labeling

applications in retail, manufacturing, healthcare, and government.

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