Agriculture & Forestry Industry Market News

Recent research: Global RFID tags market for agricultural application forecast 2017-2021

Agriculture Market Research

Technavio recognizes the following companies as the key players in the global RFID tags market for agricultural application: Alien Technology, Honeywell International, and Zebra Technologies.

The latest industry research report on RFID Tags by MRC provides a thorough analysis of the  RFID Tags market. The report scrutinizes the market by different segments including regions, applications, competitive landscape,.

over the predicted time frame. This report provides 360 Degree perspective of the RFID Tags industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.

Technavio Announces the Publication of its Research Report – Global RFID Tags Market for Agricultural Application 2017-2021

Other Prominent Vendors in the market are: Avery Dennison, Confidex, CoreRFID, GAO RFID, HID Global, Impinj, Invengo Technology, JADAK, Mojix, Nedap, Omni-ID, ORBCOMM, RISE Acreo, SMARTRAC, Tageos, Tellago, and Tag Factory.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is adoption of advanced technology in agricultural applications. Since the early agrarian past, farmers have been witnessing transformation in the use of several innovative tools and technologies to improve their agricultural practices and produce.

From hand tools to computer science, updated innovations have come a long way in saving time and labor, cutting costs, and improving yields.”

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According to the report, one driver in the market is greater level of benefits associated with RFID tags. Farming professionals that are involved in agricultural practices, especially in the farming of fruits, vegetables, and grains, are specialized in producing a wide range of different food products to be sold worldwide.

Each stage of the farming process is extremely important to achieve the best possible yield from planted crops. Farmers face a lot of challenges while doing farming like being contend with long hot days in the sun, oversee a large landmass, and constantly changing weather conditions.

RFID solutions, including tags, for agricultural practices help farmers to overcome the common challenges that they face on a day-to-day basis.

Further, the report states that one challenge in the market is security concerns associated with the use of RFID tags for agricultural applications. The process of encryption of data stored in RFID systems adds up to the cost.

Also, this cost associated with RFID tags is higher when compared with other alternatives. RFID tags have the information stored in them, with no risk of misuse of any data unless kept in a storage database.

However, RFID tags communicate using a specific frequency that is open to any RFID reader configured with that frequency. In agricultural applications, RFID tags are often integrated permanently.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments.

It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.

Key Topics Covered in the Report:

  • Comprehensive overview of parent market with market definition, classification
  • Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
  • Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
  • Value Chain Analysis, Strategic insights, and market estimations
  • Technology, trends, developments, and changing market dynamics of the Cannabis Testing industry
  • Facts, stats, historical data, market size forecast regarding volume and value
  • Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
  • Insights on prospective opportunities and challenges, success and risk

The report brings to your attention analysis of the RFID Tags market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions.

It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.

Report Details @…ication-2017-2021

Market Scope

The research report takes different facets into consideration to scrutinize the  RFID Tags industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.

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