San Francisco, 15
February, Smart Label Market Analysis By
Technology (EAS, RFID), By Component (Transceivers, Memories), By Application
(Retail Inventory, Perishable Goods), And By End-user (Healthcare &
pharmaceutical, Logistic), And Segment Forecasts, 2018 - 2025
The global smart label market is expected to reach USD
16.12 billion by 2025, according to a new report by Grand View Research, Inc.
Installation of efficient anti-theft and anti-counterfeit system in several
end-user industries is projected to propel the demand. Constant research and
innovation efforts to design advanced and application specific products are
expected to be the key trend in the global smart label market over the next few
years.
Rapid urbanization and rise in
disposable income of consumers have propelled key end-user industries such as
retail, FMCG, and healthcare & pharmaceutical in Asia Pacific in the recent
past. Growing economic trends in China, India, Japan, South Korea, and South
East Asian countries have created lucrative opportunities in the smart label
market.
Usage of smart label helps
companies to prevent key issues such as theft, shop lifting, and counterfeit.
Thus, emerging presence of key retail and manufacturing industries in
developing regions is projected to accelerate the growth of smart label market
in the next few years.
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Report On System Integration Market Analysis:
Further key findings from the report suggest:
·
The global market for smart
label was valued at around USD 4.21 Bn in 2015 and is expected to reach over
USD 16.12 Bn by 2025, growing at a CAGR of 14.7% from 2016 to 2025
·
RFID labels accounted for over
60% of global volumes in 2015, and is expected to grow over the next nine years
on account rising demand in retail sectors
·
In terms of components,
batteries segment was estimated to dominated the global smart label market in 2015
·
Retail inventory accounted to
be the largest application segment in 2015, accounting for over 22% of the
global smart label market volume owing to excellent real time tracking
efficiency
·
Perishable goods application
segment is anticipated to exhibit promising trend by expanding at the fastest
CAGR from 2016 to 2025 due to rising use in medication management and medical
instruments
·
Retail is expected to be the
highest revenue generating end-user segment of the smart label market growing
at a double digit CAGR of over 14% from 2016 to 2025, owing to improved supply
chain efficiency obtained from smart label
·
Asia Pacific is projected to
witness the fastest growth rate over the forecast period, owing to promising
trend in retail and FMCG industries in developing countries
·
Avery Dennison Corporation, CCL
Industries, Inc, Zebra Technologies Corporation, Alien Technology Inc, Intermec
Inc, Checkpoint Systems, Inc are some of the key players operating in smart
label market
·
The major smart label
manufactures are focusing to enhance their presence in emerging BRIC counties
through introduction of new products and capacity expansion
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the
global smart label market on the basis of technology, component, application,
end-user and region:
Technology Outlook (Volume,
Million Units; Revenue, USD Million; 2014-2025)
·
Electronic Article Surveillance
Labels (EAS)
o
Acousto-Magnetic (AM) EAS
o
Microwave EAS
o
Electro-Magnetic EAS
o
UHF, Gen 2 RFID EAS
·
RFID Labels
o
Low Frequency (LF) RFID
o
High Frequency (HF) RFID
o
Ultra High Frequency (UHF) RFID
·
Sensing Labels
o
Position/Tilt Sensing Labels
o
Chemical Sensing Labels
o
Humidity Sensing Labels
o
Temperature Sensing Labels
·
Electronic Shelf/Dynamic
Display Labels
·
Near Field Communication (NFC)
Tags
Component Outlook (Volume,
Million Units; Revenue, USD Million; 2014-2025)
·
Wheat
·
Transceivers
·
Memories
·
Batteries
·
Microprocessors
·
Others
Application Outlook (Volume,
Million Units; Revenue, USD Million; 2014-2025)
·
Retail Inventory
·
Perishable Goods
·
Electronic & IT Assets
·
Equipment
·
Pallets Tracking
·
Others
End-user Outlook (Volume,
Million Units; Revenue, USD Million; 2014-2025)
·
Automotive
·
Fast Moving Consumer Goods
(FMCG)
·
Healthcare & pharmaceutical
·
Logistic
·
Retail
·
Manufacturing
·
Others
Regional Outlook (Volume, Million
Units; Revenue, USD Million,2014-2025)
·
North America
o
U.S.
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
Japan
o
India
·
Central & South America
o
Brazil
·
MEA
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-smart-label-market
www.grandviewresearch.com/press-release/global-smart-label-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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