(EMAILWIRE.COM, March 25, 2018 ) RFID tags without a silicon microchip are called chipless RFIDs. This technology is embedded in products or goods to help track and replenish inventory, and retrieve information on products when required. Chipless RFIDs are easy and cheap to manufacture compared to conventional RFIDs. The majority of the RFID market is dominated by passive tags, which do not require batteries.

Publisher’s analysts forecast the global chipless RFID market to grow at a CAGR of 29.33% during the period 2016-2020.

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The augmented need for asset tracking and inventory management will be the key driver for this market. Asset tracking is the process of tracking a physical asset and collecting information on its usage and whereabouts. Inventory management is the process of tracking stocked goods in order to plan further production. Both these processes form an integral part of the supply chain. Chipless RFID helps to keep track of all products and also lets the manufacturer know if any product is out of stock. Also, it is extensively used in the healthcare sector to keep track of medical equipment.

 Key vendors
- Alien Technology
- Thin Film Electronics
- SATO VICINITY
- Zebra Technologies

Other prominent vendors
- Acreo Swedish ICT
- BASF
- Confidex
- Impinj
- Intermec
- RFID4U
- RR Donnelley
- Soligie
- Toppan Printing

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Market driver
- Need for asset tracking and inventory management

Market challenge
- Issues with data security

Market trend
- Rapid technological advances

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

Complete report is available @ http://www.reportsweb.com/global-chipless-rfid-market-2016-2020

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