Global Airport RFID System Market by Frequency (Low, High, Ultra-High), Application (Baggage Tracking, Flyable Parts Tracking, Inventory Ma...

Airport RFID System Market is estimated to reach 8% CAGR- Forecast till 2023

Global Airport RFID System Market by Frequency (Low, High, Ultra-High), Application (Baggage Tracking, Flyable Parts Tracking, Inventory Management, and Others), Type (Product (Tags, Readers), Software), and Region—Forecast till 2023


Market Highlights
The RFID is a newer technology compared to barcodes. The RFID system is widely used at airports for baggage tracking, flyable parts tracking, inventory management, and others. The RFID tags act as a tracker, thereby minimizing incidences such as misplacement and theft. The major factors driving the growth of the market are increasing usage of security & access control application and rising installation of RFID in airports for baggage handling. However, the high installation cost of RFID system is hampering the airport RFID system market growth.

Among regions, North America is expected to grow substantially in the airport RFID system market during the forecast period. Moreover, North America has a presence of major companies, such as GlobeRanger, RFID Global Solution, Inc., Rockwell Collins Inc., and Honeywell International Inc. Countries, such as the U.S. and Canada are expected to have a significant growth during the forecast period. In addition, regions such as Europe and the Middle East & Africa will have prominent growth due to the fast-paced growth in the aviation sector. As a result, the market for airport RFID system will grow during the forecast period.
Key Players
The key players in the airport RFID system market are GlobeRanger (U.S.), RFID Global Solution, Inc. (U.S.), Rockwell Collins Inc. (U.S.), Grenzebach Group (Germany), BCS Group (Canada), Beumer Group (Germany), Siemens AG (Germany), Honeywell International Inc. (U.S.), Daifuku Company Ltd (Japan), and Confidex (Finland).
Airport RFID System Market Research Report – Forecast to 2023 -Report image 00

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Scope of the Report
This study provides an overview of the global airport RFID system market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global airport RFID system market by frequency, application, type, and region.

  • Frequency
    • Low Frequency
    • High Frequency
    • Ultra-High Frequency
  • Application
    • Baggage Tracking
    • Flyable Parts Tracking
    • Inventory Management
    • Others
  • Type
    • Product
      • Tags
      • Readers
    • Software
  • By Region
  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America
The report on the global airport RFID system market by Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of the qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecast market size, in terms of value and volume, and the technological, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.