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Europe 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)

Europe 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 Europe is expected to grow from US$ 568.39 million in 2019 to US$ 1,549.64 million by 2027; it is estimated to grow at a CAGR of 13.5% from 2020 to 2027. Continuous developments in inventory tracking technologies are driving the growth of the retail sector at an unprecedented rate. The sector boosts the reach of numerous businesses to customers, thereby providing them necessary exposure. The growing emphasis on online marketing tools, such as Facebook and Google ads, has been contributing to the boom in the retail sector. In the retail sector, the Radio Frequency Identification (RFID) is hugely adopted for apparel tagging. The apparel vendors are progressively leveraging digitalization and Big Data analytics with the help of RFID applications. RFID is a mature technology that uses radio waves to transmit data from RFID tags to a reader, which helps identify objects based on the caught data or track the location of the same. Several retail sector giants, such as H&M, Lululemon, Zara, and Nike, use UHF RFID technology for inventory management, which helps them generate a more effective supply chain, combat counterfeit items, and prevent out-of-stock situations. Lululemon, a sports retail giant, surged its e-commerce sales by implementing RFID to track product movement in its stores. The company uses the 1128 Bluetooth UHF RFID Reader, offered by Technology Solutions (UK) Ltd., to streamline goods receipt and weekly inventory tracking. Thus, such partnerships help UHF RFID market players launch advanced chips for readers, thereby allowing them to meet the dynamic requirements of retailers, and such progressive initiatives by market players have been fueling the market growth. Additionally, surge in counterfeiting activities in retail sector is a major factor driving the Europe UHF RFID (RAIN) market.

Based on application, the retail and consumer goods segment led the Europe UHF RFID (RAIN) market in 2019. Inventory visibility and return processing are more critical for omni-channel retailing. The best inventory management is given by RAIN technology to maximize revenue, minimize out-of-stock and overstock, and boost employee and customer satisfaction. The integration of rain RFID across the retail and consumer goods enables enterprises to increase inventory accuracy results and boost sales, as well as it also improves labor productivity. For instance, Haier is one of the world's leading suppliers of washing machines, producing a variety of different sub-brands under the broad umbrella. The long-distance transportation of bulky and heavy machines was creating problems for the company. It made mis-shipments very costly to manage. To tag their entire inventory through 200 separate warehouses, they used RAIN RFID. Similarly, Inditex also implemented UHF RFID tags to tag all items in its inventory to provide insight into the stock they have, from the factory floor to the fulfillment center, wherever it is located. Thus, the above-mentioned benefits are influencing the adoption of UHF RFID solutions across the industry.

Due to the COVID-19 outbreak, Russia, the UK, France, Spain, Italy, and Germany are among the worst affected member states in Europe. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, the region experienced an economic slowdown in 2020, and it is most likely to continue in 2021. The member states of Europe such as Italy, Spain, and Germany have implemented drastic measures and travel restrictions to limit the spread of novel coronavirus among its citizens. European countries represent a major market for UHF RFID (RAIN) adoption due to the rising e-commerce and automotive industries. Since several European countries are in the phase of lockdowns, warehouses have been closed. In Germany, several fashion retailers, shoe and sports shops, and electronics stores are adversely affected. Additionally, major automotive plants were temporarily closed, which led to a decrease in the shipments of car spare parts, where UHF RFID plays an important role to efficiently track the products. All these factors hinder the growth of the Europe UHF RFID (RAIN) market. Russia, Italy, Spain, Germany, the UK, and France UHF RFID (RAIN) markets are anticipated to see a decrease till mid-2021.

The overall Europe 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 Europe 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 Europe 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.; Walki Group Oy are among the key players operating in the 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 Europe UHF RFID (RAIN) Market – By Component
1.3.2 Europe UHF RFID (RAIN) Market – By Application
1.3.3 Europe UHF RFID (RAIN) Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe UHF RFID (RAIN) Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe UHF RFID (RAIN) Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 RFID Technologies Being Highly Adopted by Retail Sector
5.1.2 Surge in Counterfeiting Activities
5.2 Market Restraints
5.2.1 Concerns About RAIN RFID Technology's Security
5.3 Market Opportunities
5.3.1 Boost in IoT Providing More Market Opportunities
5.4 Future Trends
5.4.1 Automobile Manufacturers Production Capacity Growing
5.5 Impact Analysis of Drivers and Restraints
6. UHF RFID (RAIN) Market – Europe Analysis
6.1 Europe UHF RFID (RAIN) Market Overview
6.2 Europe UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
7. Europe UHF RFID (RAIN) Market Analysis – By Component
7.1 Overview
7.2 Europe 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. Europe UHF RFID (RAIN) Market Analysis – By Application
8.1 Overview
8.2 Europe 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. Europe UHF RFID (RAIN) Market – Country Analysis
9.1 Overview
9.1.1 Europe: UHF RFID (RAIN) Market, By Country
9.1.1.1 Germany: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Germany: UHF RFID (RAIN) Market, By Component
9.1.1.1.2 Germany: UHF RFID (RAIN) Market, By Application
9.1.1.2 France: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 France: UHF RFID (RAIN) Market, By Component
9.1.1.2.2 France: UHF RFID (RAIN) Market, By Application
9.1.1.3 Italy: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 Italy: UHF RFID (RAIN) Market, By Component
9.1.1.3.2 Italy: UHF RFID (RAIN) Market, By Application
9.1.1.4 UK: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 UK: UHF RFID (RAIN) Market, By Component
9.1.1.4.2 UK: UHF RFID (RAIN) Market, By Application
9.1.1.5 Russia: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.5.1 Russia: UHF RFID (RAIN) Market, By Component
9.1.1.5.2 Russia: UHF RFID (RAIN) Market, By Application
9.1.1.6 Rest of Europe: UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.6.1 Rest of Europe: UHF RFID (RAIN) Market, By Component
9.1.1.6.2 Rest of Europe: UHF RFID (RAIN) Market, By Application
10. Europe UHF RFID (RAIN) Market- COVID-19 Impact Analysis
10.1 Europe
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 Walki Group Oy
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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

Table 1. Europe UHF RFID (RAIN) Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Germany UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. France UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 6. France UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 7. France UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 8. Italy UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 9. Italy UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 10. Italy UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 11. UK UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 12. UK UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 13. UK UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 14. Russia UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 15. Russia UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 16. Russia UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of Europe UHF RFID (RAIN) Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of Europe UHF RFID (RAIN) Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of Europe UHF RFID (RAIN) Market, By Application – Revenue and Forecast to 2027 (US$ Million)
Table 20. List of Abbreviation

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

Report Title: Europe 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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