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Asia-Pacific UHF RFID (RAIN) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services) and Application (Retail and Consumer Goods, Logistics and Transportation, Healthcare, Manufacturing, and Other Applications)

Asia-Pacific UHF RFID (RAIN) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services) and Application (Retail and Consumer Goods, Logistics and Transportation, Healthcare, Manufacturing, and Other Applications)

The UHF RFID (RAIN) market in APAC is expected to grow from US$ 423.37 million in 2019 to US$ 1,178.78 million by 2027; it is estimated to grow at a CAGR of 13.8% from 2020 to 2027. The demand for commercial vehicles and passenger cars, primarily in developing nations, is surging exponentially. For instance, as per International Tin Association, in 2014, China reported 24 million vehicles, and it would increase to 364 and 607 million by 2030 and 2050, respectively. The growing production of commercial and passenger vehicles generates huge demand for the UHF RFID technology as it is used at every level of the automotive manufacturing industry to identify the parts through manufacturing and to track products via the supply chain. The automotive sector is continuously looking to automate and enhance its manufacturing and logistics operations. This compels them to collaborate with suppliers and service providers. The UHF RFID technology enables automakers and component suppliers to increase their automotive production efficiency by providing them with the necessary control of manufacturing processes and allowing them to take anti-counterfeiting measures. The technology can also help track new vehicles in the finishing and shipping processes. Thus, the growing vehicle production, especially in APAC, is propelling the demand for UHF RFID technologies. Additionally, new opportunities being created due to developments in IoT is a major factor driving the growth of the APAC UHF RFID (RAIN) market.

Based on component, the APAC UHF RFID (RAIN) market for the software segment is expected to grow at the fastest pace during the forecast period. The technology sector has been witnessing a significant rise in demand for UHF RFID software in recent times. This is due to the fact that the solutions simplify the deployment time and significantly reduces the cost of deployment. These benefits have attracted various end-users. Pertaining to the rising demand for software, the majority of the UHF RFID (RAIN) market players are offering solutions. For instance, Zebra Technologies Corp, offers RFID reader solutions for various industries such as retail, healthcare, manufacturing, transportation and logistics, warehouse and distribution, and banking industry. The company offers different solutions for desktop and mobile for easy integration across their business processes. This solution is designed by the company to offer enhanced customer experience by enabling smarter operation handling and innovation in inventory handling across all sectors. Technology Solutions (UK) Ltd; RFID Solutions, Inc.; Cisper Electronics B.V.; and USTEK RFID Solutions are among the other players offering UHF RFID (RAIN) solution.

APAC is characterized by many developing countries, a positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various markets, including UHF RFID (RAIN) market. Many online shoppers and the growing e-commerce sector in this region present a huge opportunity for the growth of the UHF RFID (RAIN) market. Due to the pandemic, social distancing and home isolation have pushed the consumers toward online shopping. Nevertheless, uncertain consumer demand and supply chain problems have affected the UHF RFID (RAIN) industry in the region. The e-commerce supply chains are mainly strained by the pandemic and factory closures in China. The lockdown of various factories in China affected the global supply chains and negatively impacted manufacturing activities, delivery schedules, and various products and services. Even as the factories in China are beginning to reopen, several logistics businesses have reduced or paused their operations; thus, some cargo terminals are shut due to low volume. The automotive industry in China is witnessing adverse impact of the pandemic. The country is the world’s largest car market, and Wuhan city is home to various auto plants, such as Honda, General Motors, Nissan, and Renault. As per the World Economic Forum (WEF), for Honda Company alone, the city holds ~50% of total production in China. In 2019, in China, Hubei Province was the fourth-largest car manufacturer, with ~10% of China’s car-making capacity and manufactured 2.24 million vehicles. However, several auto companies were closed amid nationwide shutdown. Hence, it resulted in a decline in car and its spare part sales. The restrictions imposed on human movement in APAC countries to control the spread of novel coronavirus that causes COVID-19 have negatively impacted the retail business, especially the businesses of hypermarkets, supermarket, and specialty stores.

The overall APAC UHF RFID (RAIN) market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the APAC UHF RFID (RAIN) market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the APAC UHF RFID (RAIN) market. CAEN RFID S.r.l; Convergence Systems Limited; Impinj, Inc.; Invengo Technology Pte. Ltd.; Jadak- A Novanta Company; Murata Manufacturing Co., Ltd.; NXP Semiconductors N.V.; Securitag Assembly Group Co., LTD (SAG); Walki Group Oy are among the key players operating in the APAC UHF RFID (RAIN) market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC UHF RFID (RAIN) Market – By Component
1.3.2 APAC UHF RFID (RAIN) Market – By Application
1.3.3 APAC UHF RFID (RAIN) Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC UHF RFID (RAIN) Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC UHF RFID (RAIN) Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 RFID Technology Becoming More Common in the Retail Industry
5.1.2 Boost in Counterfeiting Activities
5.2 Market Restraints
5.2.1 Various Privacy Concerns Related to RAIN RFID Technology
5.3 Market Opportunities
5.3.1 New Opportunities Getting Created due to Developments in IoT
5.4 Future Trends
5.4.1 Growing Capabilities of Automotive Manufacturers
5.5 Impact Analysis of Drivers and Restraints
6. UHF RFID (RAIN) Market – APAC Analysis
6.1 APAC UHF RFID (RAIN) Market Overview
6.2 APAC UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7. APAC UHF RFID (RAIN) Market Analysis – By Component
7.1 Overview
7.2 APAC UHF RFID (RAIN) Market, by Component (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.3 Tags and Labels
7.3.3.1 Tags and Labels: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.4 Readers
7.3.4.1 Readers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.5 Printers
7.3.5.1 Printers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.3.6 Other Hardware
7.3.6.1 Other Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8. APAC UHF RFID (RAIN) Market Analysis – By Application
8.1 Overview
8.2 APAC UHF RFID (RAIN) Market, by Application (2019 and 2027)
8.3 Retail and Consumer Goods
8.3.1 Overview
8.3.2 Retail and Consumer Goods: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Logistics and Transportation
8.4.1 Overview
8.4.2 Logistics and Transportation: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Healthcare
8.5.1 Overview
8.5.2 Healthcare: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Manufacturing
8.6.1 Overview
8.6.2 Manufacturing: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Other Applications
8.7.1 Overview
8.7.2 Other Applications: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9. APAC UHF RFID (RAIN) Market – Country Analysis
9.1 Overview
9.1.1 APAC: UHF RFID (RAIN) Market, by Key Country
9.1.1.1 Australia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Australia: UHF RFID (RAIN) Market, by Component
9.1.1.1.2 Australia: UHF RFID (RAIN) Market, by Application
9.1.1.2 China: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 China: UHF RFID (RAIN) Market, by Component
9.1.1.2.2 China: UHF RFID (RAIN) Market, by Application
9.1.1.3 India: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 India: UHF RFID (RAIN) Market, by Component
9.1.1.3.2 India: UHF RFID (RAIN) Market, by Application
9.1.1.4 Japan: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Japan: UHF RFID (RAIN) Market, by Component
9.1.1.4.2 Japan: UHF RFID (RAIN) Market, by Application
9.1.1.5 South Korea: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 South Korea: UHF RFID (RAIN) Market, by Component
9.1.1.5.2 South Korea: UHF RFID (RAIN) Market, by Application
9.1.1.6 Rest of APAC: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of APAC: UHF RFID (RAIN) Market, by Component
9.1.1.6.2 Rest of APAC: UHF RFID (RAIN) Market, by Application
10. APAC UHF RFID (RAIN) Market- COVID-19 Impact Analysis
10.1 APAC
11. Industry Landscape
11.1 Market Initiative
11.2 Mergers and Acquisition
11.3 New Product Development
12. Company Profiles
12.1 Convergence Systems Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CAEN RFID S.r.l.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Impinj, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Invengo Technology Pte. Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Jadak- A Novanta Company
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Murata Manufacturing Co., Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NXP Semiconductors N.V.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Securitag Assembly Group Co., LTD (SAG)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Walki Group Oy
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

Table 1. APAC UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 5. China: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 6. China: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 7. China: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. India: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 9. India: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 10. India: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 11. Japan: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 12. Japan: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 13. Japan: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. South Korea: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 15. South Korea: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 16. South Korea: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of APAC: UHF RFID (RAIN) Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of APAC: UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of APAC: UHF RFID (RAIN) Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 20. List of Abbreviation

Figure 1. APAC UHF RFID (RAIN) Market Segmentation
Figure 2. APAC UHF RFID (RAIN) Market Segmentation – By Country
Figure 3. APAC UHF RFID (RAIN) Market Overview
Figure 4. Hardware Segment Held the Largest Market Share in 2019
Figure 5. Retail and Consumer Goods Application Segment Held the Largest Market Share in 2019
Figure 6. China to Show Great Traction During Forecast Period
Figure 7. APAC – PEST Analysis
Figure 8. APAC UHF RFID (RAIN) Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC UHF RFID (RAIN) Market: Impact Analysis of Drivers and Restraints
Figure 11. APAC UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. APAC UHF RFID (RAIN) Market Revenue Share, by Component (2019 and 2027)
Figure 13. APAC Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. APAC Tags and Labels: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. APAC Readers Market: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. APAC Printers: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. APAC Other Hardware: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. APAC Software: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. APAC Services: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. APAC UHF RFID (RAIN) Market Revenue Share, by Application (2019 and 2027)
Figure 21. APAC Retail and Consumer Goods: UHF RFID (RAIN) – Revenue and Forecast to 2027 (US$ Million)
Figure 22. APAC Logistics and Transportation: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. APAC Healthcare: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. APAC Manufacturing: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. APAC Other Applications: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. APAC: UHF RFID (RAIN) Market, by Key Country - Revenue 2019 (US$ Million)
Figure 27. APAC: UHF RFID (RAIN) Market Revenue Share, by Key Country (2019 and 2027)
Figure 28. Australia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. China: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. India: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Japan: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. South Korea: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Rest of APAC: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in APAC Country Markets

Report Title: Asia-Pacific UHF RFID (RAIN) Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services) and Application (Retail and Consumer Goods, Logistics and Transportation, Healthcare, Manufacturing, and Other Applications)


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