Market Overview:
Airport RFID System Market Size is expected to reach USD 10.6 Billion by 2030, registering a CAGR of 10.1% during 2020-2030.
Compared to barcodes, the RFID is a more recent technology. Airports frequently employ the RFID system for inventory management, tracking of flyable parts, and other purposes. By serving as a tracker, RFID tags reduce incidents like theft and misplacement. The use of security and access control applications is expanding, and RFID systems are increasingly being installed in airports to handle baggage. However, the growth of the airport radio frequency identification system industry is being hampered by the high installation costs of RFID systems.
The Airport radio frequency identification System market is anticipated to expand significantly in North America over the course of the projected year. Major corporations including GlobeRanger, RFID Global Solution, Inc., Rockwell Collins Inc., and Honeywell International Inc. are also present in North America. During the projected period, it is anticipated that nations like the United States and Canada will experience significant growth. Additionally, due to the aviation industry's rapid expansion, regions like Europe and the Middle East Africa will see significant growth. As a result, during the course of the forecast, the market for airport RFID systems will expand.
Key Players
The key players in the Airport radio frequency identification System industry are GlobeRanger (U.S.), RFID Global Solution, Inc. (U.S.), Rockwell Collins Inc. (U.S.), Grenzebach Group (Germany), BCS Group (Canada), Beumer Group (Germany), Siemens AG (Germany), Honeywell International Inc. (U.S.), Daifuku Company Ltd (Japan), and Confidex (Finland).
Market Segmentation:
This analysis tracks three market segments across five regions to provide an overview of the global airport radio frequency identification system market. With a five-year annual trend analysis that includes market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East Africa, and Latin America, the study analyses the major players. The report also includes a forecast that focuses on the market opportunities in each region over the next five years. By frequency, application, type, and region, the study divides the global Airport radio frequency identification System market.
- Frequency
- Low Frequency
- High Frequency
- Ultra-High Frequency
- Application
- Baggage Tracking
- Flyable Parts Tracking
- Inventory Management
- Others
- Type
- Product
- Tags
- Readers
- Software
- Product
- By Region
- North America
- Europe
- Asia-Pacific
- Middle East Africa
- Latin America
Regional Analysis:
North America is expected to grow substantially in the Airport radio frequency identification System industry during the forecast period. Moreover, North America has a presence of major companies, such as GlobeRanger, RFID Global Solution, Inc., Rockwell Collins Inc., and Honeywell International Inc. Countries, such as the U.S. and Canada are expected to have a significant growth during the forecast period. In addition, regions such as Europe and the Middle East Africa will have prominent growth due to the fast-paced growth in the aviation sector. As a result, the market for airport RFID system will grow during the forecast period.
Full report @ https://www.marketresearchfuture.com/reports/airport-rfid-system-market-6323
Related reports:
Airport Security Market Research Report: Information by Type (Access Control, Perimeter Security, Screening, and Others), Systems Equipment (Metal Detector, Backscatter X-Ray System, and Others), Technology (RFID, Biometrics, and Others), and by Region (North America, Europe, Asia-Pacific, the Middle East Africa, and Latin America) - Forecast till 2030
Airport radio frequency identification System industry Research Report: Information by Frequency (Low Frequency, High Frequency and Ultra-High Frequency), Application (Baggage Tracking, Flyable Parts Tracking, Inventory Management and others), Type (Product and Software) and Region (North America, Asia-Pacific, Europe, the Middle East Africa and Latin America) - Forecast till 2030
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
Contact:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor, New York, New York 10013,
United States of America
+1 646 845 9312
Email: sales@marketresearchfuture.com
