Market Overview

The global RFID printer market has witnessed continuous growth over the past few years. However, the COVID-19 pandemic disrupted this trend in 2020, causing a decline in the market due to the blockade measures and the impact on downstream industries such as transportation, manufacturing, and retail. Leading industry players, including Zebra Technologies Corporation and SATO Holdings Corporation, were affected by the pandemic's impact on their RFID printer businesses. However, as the blockade measures were lifted, the market quickly recovered and resumed its growth trajectory. The Asia-Pacific region is expected to drive the market's continued fast growth trend. Recent market research predicts that the global RFID printer market is projected to increase by USD 43.2 million, with a CAGR of 9% by the of 2028.

Research Coverage

The report overview includes a comprehensive study of the global RFID printer industry, covering various aspects such as market definition, leading companies, market segments and sub-segments analyzed by product type, frequency, application, and region. The report provides an in-depth analysis of the potential of the global RFID printer industry, offering statistical information about market size, market share, growth rate, and forecasts. This analysis is expected to assist industry stakeholders in making informed decisions regarding investments, market entry strategies, and expansion plans.

The global RFID printer market is classified by product type into desktop RFID printers, industrial RFID printers, and mobile RFID printers. The desktop RFID printer segment contributed the most to the market in 2022 and is projected to grow at a CAGR of 9.2% by 2028, owing to the benefits of RFID technology in improving inventory management, supply chain visibility, and efficiency. Desktop RFID printers are used to print and encode RFID tags for tracking and identifying products, assets, and patients in hospitals.

Although the mobile RFID printer market share was relatively small in 2022, it is expected to be the fastest-growing category among the three products. This is due to the convenience that mobile printers offer, making them ideal for various applications. Mobile RFID printers are portable and can be used on the go, making them popular in industries such as transportation, logistics, and healthcare, where mobility is critical. The projected growth rate of the mobile RFID printer market is expected to be driven by the increasing adoption of RFID technology in various industries.

By frequency, the RFID printer industry is segmented into low frequency (LF), high frequency (HF), and ultra-high frequency (UHF). The UHF printer segment held the highest share of the global RFID printer market in 2022 and is estimated to maintain its dominant position during the forecast period. This can be attributed to the increasing demand for UHF RFID printers in industries such as retail, healthcare, and logistics.

Based on application, the RFID printer industry is segmented into retail, manufacturing & industrial, transportation, healthcare, and others. The retail segment held the highest share of the global RFID printer market in 2022, and is estimated to continue its dominant share during the forecast period. This can be attributed to the increasing adoption of RFID technology in the retail industry. With the rising trend of online shopping, retailers are facing the challenge of managing large quantities of goods efficiently and accurately. RFID technology offers a solution to this problem by providing real-time inventory tracking, which can improve the customer experience by ensuring that products are available and ready for delivery. Moreover, the use of RFID technology in the retail industry can also help retailers to reduce costs by minimizing inventory errors, reducing product loss, and optimizing supply chain management. These benefits are driving the demand for RFID printers in the retail industry, and are expected to fuel the growth of the market in the coming years.

With the rising trend of online shopping, retailers are facing the challenge of managing large quantities of goods efficiently and accurately. RFID technology offers a solution to this problem by providing real-time inventory tracking, which can improve the customer experience by ensuring that products are available and ready for delivery. Moreover, the use of RFID technology in the retail industry can also help retailers to reduce costs by minimizing inventory errors, reducing product loss, and optimizing supply chain management. These benefits are driving the demand for RFID printers in the retail industry, and are expected to fuel the growth of the market in the coming years.

The RFID printer industry is categorized by region into North America, Europe, Asia Pacific, and RoW (Rest of World). The North America segment held the largest share of the global RFID printer market in 2022, owing to the early adoption of RFID technology in the retail and healthcare industries. The presence of major players in the region and the high level of awareness among end-users are also contributing to the growth of the market in North America. However, the Asia-Pacific region is projected to witness the fastest growth rate in the future, with a CAGR of 11.2% until 2028. This growth can be attributed to the increasing adoption of RFID technology in various industries, including retail, manufacturing, and transportation, in countries like China, India, and other developing nations in the region. The growing e-commerce industry in Asia-Pacific is also driving the demand for RFID printers as retailers aim to improve supply chain management and enhance the customer experience. These factors are expected to fuel the growth of the RFID printer market in the Asia-Pacific region in the coming years.

Competitive Landscape

The industry's primary rivals consist of Zebra Technologies Corporation, SATO Holdings Corporation, Honeywell International, Inc., Toshiba Tec Corporation, TSC Auto ID Technology Co., Ltd., Brother International Corporation, Avery Dennison Corporation, Printronix LLC, POSTEK Technologies, Inc., Lexmark International, Inc., GoDEX International Co., Ltd., DASCOM AP Pte. Ltd., Xiamen Hanin Electronic Technology Co., Ltd., among others.

Key Questions Answered

What is the projected global market size of FRID printer by 2028

Which type segment generates the most substantial revenue

Which frequency segment achieves the highest performance in the FRID printer market

Within the market, which application segment has secured the leading position

Among the various region segments, which segment has taken the leading position

Who are the key players with the largest market share in the FRID printer market

What is the estimated global market size for the FRID printer market in 2023

What are the main factors driving the growth of the FRID printer market

What is the expected incremental growth of the FRID printer market during the forecast period

Which region is expected to have a high growth rate during the forecast period

TABLE OF CONTENTS

TABLE OF CONTENTS 1

FIGURES AND TABLES 4

Part 1. Scope and Methodology 7

Key Findings 7

Report Scope 7

Product Type 7

Frequency 8

Application 8

Region 8

Research Methodology 8

Part 2. Market Overview 11

Part 3. Global RFID Printer Market by Product Type 14

Part 4. Global RFID Printer Market by Frequency 17

Part 5. Global RFID Printer Market by Application 20

Part 6. Global RFID Printer Market by Region 23

Part 7. Competitive Analysis 26

Zebra Technologies Corporation 26

Business Overview 26

Company Information 27

Business Performance 27

SWOT Analysis 29

SATO Holdings Corporation 30

Business Overview 30

Company Information 30

Business Performance 30

SWOT Analysis 32

Honeywell International, Inc. 33

Business Overview 33

Company Information 33

Business Performance 33

SWOT Analysis 35

Toshiba Tec Corporation 36

Business Overview 36

Company Information 36

Business Performance 36

SWOT Analysis 38

TSC Auto ID Technology Co., Ltd. 39

Business Overview 39

Company Information 39

Business Performance 39

SWOT Analysis 41

Brother International Corporation 42

Business Overview 42

Company Information 42

Business Performance 42

SWOT Analysis 44

Avery Dennison Corporation 45

Business Overview 45

Company Information 45

Business Performance 45

SWOT Analysis 47

Printronix LLC 48

Business Overview 48

Company Information 48

SWOT Analysis 48

POSTEK Technologies, Inc. 48

Business Overview 48

Company Information 48

SWOT Analysis 48

Lexmark International, Inc. 49

Business Overview 49

Company Information 49

Business Performance 49

SWOT Analysis 52

GoDEX International Co., Ltd. 53

Business Overview 53

Company Information 53

Business Performance 53

SWOT Analysis 55

DASCOM AP Pte. Ltd. 56

Business Overview 56

Company Information 56

SWOT Analysis 56

Xiamen Hanin Electronic Technology Co., Ltd. 56

Business Overview 56

Company Information 56

SWOT Analysis 56

Disclaimer 58

FIGURES AND TABLES

Global RFID Printer Market, Value, 2018-2028 (USD Million)

Global RFID Printer Market, Net Growth, 2018-2028 (USD Million)

Global RFID Printer Market, Growth Rates, 2018-2028

Global RFID Printer Market by Product, 2018-2028 (USD Million)

Global RFID Printer Market by Product, CAGR Historic and Forecast, 2018-2028

Global RFID Printer Market by Product, 2018-2028 (USD Million)

Global RFID Printer Market by Frequency, 2018-2028 (USD Million)

Global RFID Printer Market by Frequency, CAGR Historic and Forecast, 2018-2028

Global RFID Printer Market by Frequency, 2018-2028 (USD Million)

Global RFID Printer Market by Application, 2018-2028 (USD Million)

Global RFID Printer Market by Application, CAGR Historic and Forecast, 2018-2028

Global RFID Printer Market by Application, 2018-2028 (USD Million)

Global RFID Printer Market by Region, 2018-2028 (USD Million)

Global RFID Printer Market by Region, CAGR Historic and Forecast, 2018-2028

Global RFID Printer Market by Region, 2018-2028 (USD Million)

Global RFID Printer Market, by Companies, 2022

Zebra Technologies Corporation Financial Overview

Zebra Technologies Corporation Financial Overview (USD Million)

Zebra Technologies Corporation Revenue, by Segment, 2022

Zebra Technologies Corporation Revenue, by Region, 2022

Zebra Technologies Corporation SWOT Analysis

SATO Holdings Corporation Financial Overview

SATO Holdings Corporation Financial Overview (USD Million)

SATO Holdings Corporation Revenue, by Segment, 2022

SATO Holdings Corporation Revenue, by Region, 2022

SATO Holdings Corporation SWOT Analysis

Honeywell International, Inc. Financial Overview

Honeywell International, Inc. Financial Overview (USD Million)

Honeywell International, Inc. Revenue, by Segment, 2022

Honeywell International, Inc. Revenue, by Region, 2022

Honeywell International, Inc. SWOT Analysis

Toshiba Tec Corporation Financial Overview

Toshiba Tec Corporation Financial Overview (USD Million)

Toshiba Tec Corporation Revenue, by Segment, 2022

Toshiba Tec Corporation Revenue, by Region, 2022

Toshiba Tec Corporation SWOT Analysis

TSC Auto ID Technology Co., Ltd. Financial Overview

TSC Auto ID Technology Co., Ltd. Financial Overview (USD Million)

TSC Auto ID Technology Co., Ltd. Revenue, by Segment, 2022

TSC Auto ID Technology Co., Ltd. Revenue, by Region, 2022

TSC Auto ID Technology Co., Ltd. SWOT Analysis

Brother International Corporation Financial Overview

Brother International Corporation Financial Overview (USD Million)

Brother International Corporation Revenue, by Segment, 2022

Brother International Corporation Revenue, by Region, 2022

Brother International Corporation SWOT Analysis

Avery Dennison Corporation Financial Overview

Avery Dennison Corporation Financial Overview (USD Million)

Avery Dennison Corporation Revenue, by Segment, 2022

Avery Dennison Corporation Revenue, by Region, 2022

Avery Dennison Corporation SWOT Analysis

Printronix LLC SWOT Analysis

POSTEK Technologies, Inc. SWOT Analysis

Lexmark International, Inc. Financial Overview

Lexmark International, Inc. Financial Overview (USD Million)

Lexmark International, Inc. Revenue, by Segment, 2022

Lexmark International, Inc. Revenue, by Region, 2022

Lexmark International, Inc. SWOT Analysis

GoDEX International Co., Ltd. Financial Overview

GoDEX International Co., Ltd. Financial Overview (USD Million)

GoDEX International Co., Ltd. Revenue, by Segment, 2022

GoDEX International Co., Ltd. Revenue, by Region, 2022

GoDEX International Co., Ltd. SWOT Analysis

DASCOM AP Pte. Ltd. SWOT Analysis

Xiamen Hanin Electronic Technology Co., Ltd. SWOT Analysis

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)