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RFID Kanban Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

RFID Kanban Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • August 2022
  • 143 pages
  • ID: 6185731
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global RFID kanban systems market size reached US$ 1,343.9 Million in 2021. Looking forward, the analyst expects the market to reach US$ 5,037.1 Million by 2027, exhibiting a growth rate (CAGR) of 24.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Radio frequency identification (RFID) Kanban systems are used in industrial settings for lean inventory management, automated mapping of same orders and identifying fluctuations in demand at an early stage. RFID tags or transponders with antennas are installed on Kanban racks, which are usually identifiable by a unique number for increasing data security. This helps in precise control of the flow of goods, automating data transmission, exchanging information in real-time, and reducing manual efforts. As a result, organizations around the world are relying on RFID Kanban systems over conventional Kanban processing for higher supply security and efficient stock management.

RFID Kanban Systems Market Trends:
The escalating demand for domestic and international logistics services due to the increasing popularity of e-commerce platforms represents one of the key factors bolstering the market growth. RFID Kanban systems help manage the massive amount of data generated during warehouse and inventory management and reduce the overall delivery time. Apart from this, the rising need for streamlining medical inventory management, along with the growing risk of clinical errors in manual Kanban processing, is catalyzing the demand for RFID Kanban systems across the globe. These systems help track assets and control devices and drug stockouts in the medication supply rooms and improve the efficiency of supply chain management in healthcare facilities. Moreover, RFID Kanban systems are gaining popularity in the automotive industry, wherein they enable flexible production and intelligent container tracking. The growing demand for automobiles, the burgeoning automotive sector, rising cases of over inventory, and increasing investments in research and development (R&D) projects are some of the other factors anticipated to present lucrative opportunities to the market.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global RFID kanban systems market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, component and applicatin.

Breakup by Type:
Single Bin RFID Kanban System
Multi-Bin RFID Kanban System

Breakup by Component:
RFID Box
RFID Base
RFID Shelf/Cabinet
Electronic Shelf Displays
Others

Breakup by Application:
Supply Chain Inventory Management
Equipment Identification
Track and Trace Solution
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Brooks Automation Inc., Datelka, Grifols S.A., Hurst Green Plastics Ltd., LogiTag Systems, MATTTEO, metraTec GmbH, Palex Medical (Bidco Palex S.L.), Pepperl+Fuchs SE, Scan Modul B.V., Wilhelm Böllhoff GmbH & Co. KG and Würth Industrie Service GmbH & Co. KG.



Key Questions Answered in This Report:

How has the global RFID Kanban systems market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global RFID Kanban systems market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global RFID Kanban systems market and who are the key players?
What is the degree of competition in the industry?

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