The global RFID printer market has witnessed continuous growth over the past few years. However, the COVID-19 pandemic disrupted this trend in 2020, causing a decline in the market due to the blockade measures and the impact on downstream industries such as transportation, manufacturing, and retail. Leading industry players, including Zebra Technologies Corporation and SATO Holdings Corporation, were affected by the pandemic’s impact on their RFID printer businesses. However, as the blockade measures were lifted, the market quickly recovered and resumed its growth trajectory. The Asia-Pacific region is expected to drive the market’s continued fast growth trend. Recent market research predicts that the global RFID printer market is projected to increase by USD 43.2 million, with a CAGR of 9% by the of 2028.
The report overview includes a comprehensive study of the global RFID printer industry, covering various aspects such as market definition, leading companies, market segments and sub-segments analyzed by product type, frequency, application, and region. The report provides an in-depth analysis of the potential of the global RFID printer industry, offering statistical information about market size, market share, growth rate, and forecasts. This analysis is expected to assist industry stakeholders in making informed decisions regarding investments, market entry strategies, and expansion plans.
Research Coverage
The global RFID printer market is classified by product type into desktop RFID printers, industrial RFID printers, and mobile RFID printers. The desktop RFID printer segment contributed the most to the market in 2022 and is projected to grow at a CAGR of 9.2% by 2028, owing to the benefits of RFID technology in improving inventory management, supply chain visibility, and efficiency. Desktop RFID printers are used to print and encode RFID tags for tracking and identifying products, assets, and patients in hospitals.
Although the mobile RFID printer market share was relatively small in 2022, it is expected to be the fastest-growing category among the three products. This is due to the convenience that mobile printers offer, making them ideal for various applications. Mobile RFID printers are portable and can be used on the go, making them popular in industries such as transportation, logistics, and healthcare, where mobility is critical. The projected growth rate of the mobile RFID printer market is expected to be driven by the increasing adoption of RFID technology in various industries.
By frequency, the RFID printer industry is segmented into low frequency (LF), high frequency (HF), and ultra-high frequency (UHF). The UHF printer segment held the highest share of the global RFID printer market in 2022 and is estimated to maintain its dominant position during the forecast period. This can be attributed to the increasing demand for UHF RFID printers in industries such as retail, healthcare, and logistics.
Based on application, the RFID printer industry is segmented into retail, manufacturing & industrial, transportation, healthcare, and others. The retail segment held the highest share of the global RFID printer market in 2022, and is estimated to continue its dominant share during the forecast period. This can be attributed to the increasing adoption of RFID technology in the retail industry. With the rising trend of online shopping, retailers are facing the challenge of managing large quantities of goods efficiently and accurately. RFID technology offers a solution to this problem by providing real-time inventory tracking, which can improve the customer experience by ensuring that products are available and ready for delivery. Moreover, the use of RFID technology in the retail industry can also help retailers to reduce costs by minimizing inventory errors, reducing product loss, and optimizing supply chain management. These benefits are driving the demand for RFID printers in the retail industry, and are expected to fuel the growth of the market in the coming years.
With the rising trend of online shopping, retailers are facing the challenge of managing large quantities of goods efficiently and accurately. RFID technology offers a solution to this problem by providing real-time inventory tracking, which can improve the customer experience by ensuring that products are available and ready for delivery. Moreover, the use of RFID technology in the retail industry can also help retailers to reduce costs by minimizing inventory errors, reducing product loss, and optimizing supply chain management. These benefits are driving the demand for RFID printers in the retail industry, and are expected to fuel the growth of the market in the coming years.
The RFID printer industry is categorized by region into North America, Europe, Asia Pacific, and RoW (Rest of World). The North America segment held the largest share of the global RFID printer market in 2022, owing to the early adoption of RFID technology in the retail and healthcare industries. The presence of major players in the region and the high level of awareness among end-users are also contributing to the growth of the market in North America. However, the Asia-Pacific region is projected to witness the fastest growth rate in the future, with a CAGR of 11.2% until 2028. This growth can be attributed to the increasing adoption of RFID technology in various industries, including retail, manufacturing, and transportation, in countries like China, India, and other developing nations in the region. The growing e-commerce industry in Asia-Pacific is also driving the demand for RFID printers as retailers aim to improve supply chain management and enhance the customer experience. These factors are expected to fuel the growth of the RFID printer market in the Asia-Pacific region in the coming years.
Competitive Landscape
The industry’s primary rivals consist of Zebra Technologies Corporation, SATO Holdings Corporation, Honeywell International, Inc., Toshiba Tec Corporation, TSC Auto ID Technology Co., Ltd., Brother International Corporation, Avery Dennison Corporation, Printronix LLC, POSTEK Technologies, Inc., Lexmark International, Inc., GoDEX International Co., Ltd., DASCOM AP Pte. Ltd., Xiamen Hanin Electronic Technology Co., Ltd., among others.
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Scope and Methodology 7
Key Findings 7
Report Scope 7
Product Type 7
Frequency 8
Application 8
Region 8
Research Methodology 8
Part 2. Market Overview 11
Part 3. Global RFID Printer Market by Product Type 14
Part 4. Global RFID Printer Market by Frequency 17
Part 5. Global RFID Printer Market by Application 20
Part 6. Global RFID Printer Market by Region 23
Part 7. Competitive Analysis 26
Zebra Technologies Corporation 26
Business Overview 26
Company Information 27
Business Performance 27
SWOT Analysis 29
SATO Holdings Corporation 30
Business Overview 30
Company Information 30
Business Performance 30
SWOT Analysis 32
Honeywell International, Inc. 33
Business Overview 33
Company Information 33
Business Performance 33
SWOT Analysis 35
Toshiba Tec Corporation 36
Business Overview 36
Company Information 36
Business Performance 36
SWOT Analysis 38
TSC Auto ID Technology Co., Ltd. 39
Business Overview 39
Company Information 39
Business Performance 39
SWOT Analysis 41
Brother International Corporation 42
Business Overview 42
Company Information 42
Business Performance 42
SWOT Analysis 44
Avery Dennison Corporation 45
Business Overview 45
Company Information 45
Business Performance 45
SWOT Analysis 47
Printronix LLC 48
Business Overview 48
Company Information 48
SWOT Analysis 48
POSTEK Technologies, Inc. 48
Business Overview 48
Company Information 48
SWOT Analysis 48
Lexmark International, Inc. 49
Business Overview 49
Company Information 49
Business Performance 49
SWOT Analysis 52
GoDEX International Co., Ltd. 53
Business Overview 53
Company Information 53
Business Performance 53
SWOT Analysis 55
DASCOM AP Pte. Ltd. 56
Business Overview 56
Company Information 56
SWOT Analysis 56
Xiamen Hanin Electronic Technology Co., Ltd. 56
Business Overview 56
Company Information 56
SWOT Analysis 56
Disclaimer 58
FIGURES AND TABLES
Global RFID Printer Market, Value, 2018-2028 (USD Million)
Global RFID Printer Market, Net Growth, 2018-2028 (USD Million)
Global RFID Printer Market, Growth Rates, 2018-2028
Global RFID Printer Market by Product, 2018-2028 (USD Million)
Global RFID Printer Market by Product, CAGR Historic and Forecast, 2018-2028
Global RFID Printer Market by Product, 2018-2028 (USD Million)
Global RFID Printer Market by Frequency, 2018-2028 (USD Million)
Global RFID Printer Market by Frequency, CAGR Historic and Forecast, 2018-2028
Global RFID Printer Market by Frequency, 2018-2028 (USD Million)
Global RFID Printer Market by Application, 2018-2028 (USD Million)
Global RFID Printer Market by Application, CAGR Historic and Forecast, 2018-2028
Global RFID Printer Market by Application, 2018-2028 (USD Million)
Global RFID Printer Market by Region, 2018-2028 (USD Million)
Global RFID Printer Market by Region, CAGR Historic and Forecast, 2018-2028
Global RFID Printer Market by Region, 2018-2028 (USD Million)
Global RFID Printer Market, by Companies, 2022
Zebra Technologies Corporation Financial Overview
Zebra Technologies Corporation Financial Overview (USD Million)
Zebra Technologies Corporation Revenue, by Segment, 2022
Zebra Technologies Corporation Revenue, by Region, 2022
Zebra Technologies Corporation SWOT Analysis
SATO Holdings Corporation Financial Overview
SATO Holdings Corporation Financial Overview (USD Million)
SATO Holdings Corporation Revenue, by Segment, 2022
SATO Holdings Corporation Revenue, by Region, 2022
SATO Holdings Corporation SWOT Analysis
Honeywell International, Inc. Financial Overview
Honeywell International, Inc. Financial Overview (USD Million)
Honeywell International, Inc. Revenue, by Segment, 2022
Honeywell International, Inc. Revenue, by Region, 2022
Honeywell International, Inc. SWOT Analysis
Toshiba Tec Corporation Financial Overview
Toshiba Tec Corporation Financial Overview (USD Million)
Toshiba Tec Corporation Revenue, by Segment, 2022
Toshiba Tec Corporation Revenue, by Region, 2022
Toshiba Tec Corporation SWOT Analysis
TSC Auto ID Technology Co., Ltd. Financial Overview
TSC Auto ID Technology Co., Ltd. Financial Overview (USD Million)
TSC Auto ID Technology Co., Ltd. Revenue, by Segment, 2022
TSC Auto ID Technology Co., Ltd. Revenue, by Region, 2022
TSC Auto ID Technology Co., Ltd. SWOT Analysis
Brother International Corporation Financial Overview
Brother International Corporation Financial Overview (USD Million)
Brother International Corporation Revenue, by Segment, 2022
Brother International Corporation Revenue, by Region, 2022
Brother International Corporation SWOT Analysis
Avery Dennison Corporation Financial Overview
Avery Dennison Corporation Financial Overview (USD Million)
Avery Dennison Corporation Revenue, by Segment, 2022
Avery Dennison Corporation Revenue, by Region, 2022
Avery Dennison Corporation SWOT Analysis
Printronix LLC SWOT Analysis
POSTEK Technologies, Inc. SWOT Analysis
Lexmark International, Inc. Financial Overview
Lexmark International, Inc. Financial Overview (USD Million)
Lexmark International, Inc. Revenue, by Segment, 2022
Lexmark International, Inc. Revenue, by Region, 2022
Lexmark International, Inc. SWOT Analysis
GoDEX International Co., Ltd. Financial Overview
GoDEX International Co., Ltd. Financial Overview (USD Million)
GoDEX International Co., Ltd. Revenue, by Segment, 2022
GoDEX International Co., Ltd. Revenue, by Region, 2022
GoDEX International Co., Ltd. SWOT Analysis
DASCOM AP Pte. Ltd. SWOT Analysis
Xiamen Hanin Electronic Technology Co., Ltd. SWOT Analysis
Companies Mentioned
Zebra Technologies Corporation
SATO Holdings Corporation
Honeywell International, Inc.
Toshiba Tec Corporation
TSC Auto ID Technology Co., Ltd.
Brother International Corporation
Avery Dennison Corporation
Printronix LLC
POSTEK Technologies, Inc.
Lexmark International, Inc.
GoDEX International Co., Ltd.
DASCOM AP Pte. Ltd.
Xiamen Hanin Electronic Technology Co., Ltd.