The analysts forecast global RFID tags market for agricultural application to grow at a CAGR of 11.35% during the period 2017-2021.
RFID technology uses the electromagnetic signature that accompanies the radio frequency in a specific spectrum to communicate information, which is mostly one way. RFID tags are electronic tags that function on the principle of radio waves.
They use electromagnetic fields to automatically identify and track tags that are attached to objects.
They are primarily used for monitoring and tracking objects through RFID readers. The information recorded by RFID tags can be later read through scanning devices using RFID technology.
This report covers the present scenario and the growth prospects of the global RFID tags market for agricultural application for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: Americas, APAC & EMEA
This report, Global RFID Tags Market for Agricultural Application 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Report at www.reportsnreports.com/.aspx?name=1217133.
Key vendors: Avery Dennison, Confidex, CoreRFID, GAO RFID, HID Global, Impinj, Invengo Technology, JADAK, Mojix, Nedap, Omni-ID, ORBCOMM, RISE Acreo, SMARTRAC, Tageos, Tellago & Tag Factory
Market driver: Greater level of benefits associated with RFID tags
Market challenge: Security concerns associated with the use of RFID tags for agricultural applications
Market trend: Adoption of advanced technology in agricultural applications
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?