RFID Printer Market is Gaining an Upward Trend Due to Growing Demand of Smartphone and Technology Adoption

RFID Printer Market, By Printer Type (Industrial Printers, Desktop Printers and Mobile Printers) and By Printing Technology (Thermal Transfer, Direct Thermal and Inkjet)

Pune, India - June 13, 2019 /MarketersMedia/ —

Market Highlights

The global RFID printer market size is poised to reach USD 4.82 billion by 2023, according to MRFR. It is driven by the need for labels for identification of objects. Its application in inventory and warehouse management is expected to bolster market demand exponentially. Adoption of RFID tags in manufacturing, logistics, healthcare, and transportation is likely to result in the market expanding at 4.90% CAGR from 2017 to 2023 (forecast period).

Radiofrequency identification (RFID) has transformed the way of identifying objects and living things. It relies on electromagnetic fields to pinpoint tags attached to objects. This can be used to discern the location of objects within a certain range. RFID printers can print out data to RFID chips which are embedded in labels. The global RFID printer market report by Market Research Future (MRFR) covers its scope in various industries and its implication in top regions.

The boom in the healthcare sector can be attributed to adoption of technology as well as rise in patient numbers. RFID printers have played a major role in protecting hospital equipment as well as tracking patient movements. For instance, IntelligentM has produced RFID tags embedded in wristbands of hospital staff for tracking their hygiene movements. This is used as a preventive measure for protecting patients and hospital staff and taking appropriate measures in case of infections. Penetration of internet of things (IoT) has acted as a catalyst with smart homes being the next big application for the RFID printer market.

High costs of RFID printers and availability of barcode printers are challenges faced by the market.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/4538

Major Key players

• Avery Dennison Corporation
• Dascom
• Postek Electronics Co. Ltd.
• Zebra Technologies Corporation
• Toshiba Tec Corp.
• Seiko Epson Corporation
• TSC Auto ID Technology Co., Ltd
• Honeywell International Inc.
• SATO Holdings Corporation
• Wasp Barcode Technologies
• Godex International Co. Ltd.

Industry Buzz

The logistics sector is in the midst of a transformation with the high need for smart packaging solutions. In 2019, HP Brazil has introduced labels and other printed materials which can be pasted on objects and tracked with the help of a smartphone application. This is expected to create transparency between retailers and distributors and foster trust. It can also be used in pinpointing problems or delays during transport of materials.

Segmentation

The global RFID printer market can be segmented on the basis of printer type, printing technology, applications and region.

Based on printer type, the market is segmented into industrial printers, desktop printers, and mobile printers.
By printing technology, the market is segmented into thermal transfer, direct thermal, and inkjet.
Applications catered by the RFID printer market include transportation and logistics, manufacturing, retail, entertainment, healthcare, government, and others. The manufacturing sector is expected to contribute the maximum revenue to the market owing to heavy investments. In addition, the need for RFID solutions for streamlining the supply chain is likely to bode well for the overall market growth.

Regional Outlook

Asia Pacific (APAC) is expected to exhibit a robust growth rate owing to demand from countries such as China, India, and Japan due to rapid industrialization. Strong economic growth coupled with emergence of various small and medium businesses is projected to drive regional market growth. Online sales and the humongous growth in the ecommerce sector is expected to trigger demand in the RFID printer market.

North America is touted to be the second best performing region due to constant trade and the need for logistics to transport goods safely. Consumer shopping patterns have pushed the growth of retail stores, which in turn have called for the need of RFID printers. Novel product developments have pushed the envelope as evident with the launch of ZT600 and ZT510 series of printers which can deliver in the harshest industrial environments.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/rfid-printer-market-4538

List of Tables

TABLE 1 RFID PRINTER MARKET, BY PRINTER TYPE
TABLE 2 RFID PRINTER MARKET, BY PRINTING TECHNOLOGY
TABLE 3 RFID PRINTER MARKET, BY APPLICATION
TABLE 4 RFID PRINTER MARKET, BY APPLICATION
TABLE 5 RFID PRINTER MARKET, BY GEOGRAPHY
TABLE 6 NORTH AMERICA RFID PRINTER MARKET, BY PRINTER TYPE
TABLE 7 NORTH AMERICA RFID PRINTER MARKET, BY PRINTING TECHNOLOGY
TABLE 8 NORTH AMERICA RFID PRINTER MARKET, BY APPLICATION
TABLE 9 NORTH AMERICA RFID PRINTER MARKET, BY APPLICATION
TABLE 10 U.S. RFID PRINTER MARKET, BY PRINTER TYPE
Continued…..

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.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/reports/rfid-printer-market-4538

Source URL: https://marketersmedia.com/rfid-printer-market-is-gaining-an-upward-trend-due-to-growing-demand-of-smartphone-and-technology-adoption/523921

Source: MarketersMedia

Release ID: 523921

More News From Enter Hollywood

North, South Korean musicians hold rare joint performance

Jun 15, 2019

SHANGHAI — South Korean violinist Won Hyung Joon took the stage, nodded once to his North Korean soprano partner, and placed his instrument on his shoulder. With a flick of the conductor's wrist, she began to sing, and he began to bow — the beginning of a rare joint performance Sunday that they hope will bring the Koreas closer amid deadlocked nuclear diplomacy. "Until today, I was thinking, will this really happen? Will it suddenly be canceled?" Won said. "Today was the day my dream finally came true." Won, donning a white shirt, and Kim Song Mi, sporting a sparkling...

Michael Wolf, photographer of mega-cities, dies in Hong Kong

Jun 15, 2019

HONG KONG — Michael Wolf, an award-winning photographer known for his work depicting megacities, has died at his home in Hong Kong. He was 64. Wolf died in his sleep on Wednesday, said Sarah Greene, an art gallery director who worked closely with him. She did not give a cause of death. Wolf won first prize in the World Press Photo competition twice, for contemporary issues in 2005 and for daily life in 2010. His body of work included Tokyo, Chicago, Paris and Hong Kong, where Wolf moved in 1994. "His main muse was Hong Kong," said Greene, the director...

Artisan keeps his craft alive with each carved mahjong tile

Jun 15, 2019

HONG KONG — Just opposite the entrance to a neon-lit night market, one of Hong Kong's few remaining carvers of mahjong tiles engraves the two Chinese characters for the number 8,000 on a piece of acrylic. With a knife in his right hand, Cheung Shun-king turns the tile with the other to cut into it. From time to time, he gently blows away the shavings. His is a dying craft in an era of mass-produced tiles for the table-top game, popular in southern China, Hong Kong and Taiwan. The 65-year-old artisan believes there are only three or four carvers left...

Fed Cup semi: Australia, Belarus tied 2-2 ahead of doubles

Jun 15, 2019

BRISBANE, Australia — The Fed Cup semifinal between Australia and Belarus is going to a doubles decider. Victoria Azarenka beat Australia's Sam Stosur in the second reverse singles Sunday 6-1, 6-1 in 59 minutes to even the match at 2-2 on hard courts at Pat Rafter Arena. In the second set, Azarenka went ahead 3-1 when Stosur double-faulted to set up break point. Azarenka's win was met with loud cheers from the small but noisy group of Belarusian fans waving their country's red and green flag. In the deciding doubles, Ashleigh Barty and Stosur were expected to play Vera Lapko...

Fed Cup semifinal: Australia, Belarus level after 1st day

Jun 15, 2019

BRISBANE, Australia — Australian Ashleigh Barty beat doubles partner Victoria Azarenka of Belarus 7-6 (2), 6-3 to level their Fed Cup semifinal at 1-1 on Saturday. Barty's win on hard courts at Pat Rafter Arena ended Azarenka's 13-match winning streak in the Fed Cup. "I knew the first set would be key," Barty said after the opening day of singles. "It was just about me coming out and doing everything right. I prepared really well all week. This is why we train, we want to get down to crunch time, go out and enjoy it." Earlier, Aryna Sabalenka gave Belarus...

Sign up now!