RFID Tags Market to Witness an Outstanding Growth during 2019-2026 – Honeywell, NXP Semiconductors, Alien Technology
RFID Tags market accounted for $4.91 billion in 2017 and is expected to reach $18.2 billion by 2026 growing at a CAGR of 15.7% during the forecast period. Some of the key factors such as rising demand for RFID tags in the aerospace industry, and the increasing number of these tag applications within retail stores are driving the market growth. However, lack of a battery power as compared to others act as the restraining factor for the market growth.Major Key Players of the RFID Tags Market are:
Honeywell International, NXP Semiconductors, Alien Technology, AMS AG, Atmel Corp, Confidex Ltd, GAO RFID Inc., HID Global Corporation, Impinj, inc., Invengo Information Technology Co. Ltd., Omni-Id, Inc., RF Code, SMARTRAC N.V. and Zebra Technologies Corp.
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