RFID Transponder Coil Market size is estimated to be USD 1.32 Billion in 2024 and is expected to reach USD 2.76 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
The RFID transponder coil market was valued at approximately USD 1.2 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.5% from 2023 to 2030. This growth is attributed to the increasing demand for RFID technology across various industries, including retail, logistics, and healthcare, driven by the need for efficient tracking and management systems. The markets growth is expected to continue with the rising adoption of Internet of Things (IoT) applications, as well as advancements in RFID technology, enhancing the functionality and scope of RFID transponder coils. In 2022, the market size in North America was valued at approximately USD 350 million, representing a significant share of the global market. Geographically, the RFID transponder coil market is experiencing strong growth across various regions. North America leads the market, accounting for around 30% of the total share in 2022, followed by Europe, which held around 25% of the market share. The Asia Pacific region is expected to exhibit the highest CAGR of 9.2%, driven by increasing demand for RFID solutions from emerging economies such as China, India, and Japan, and a robust manufacturing sector. Other regions, such as Latin America and the Middle East & Africa, also contribute to the market, although to a lesser extent. The expanding retail and logistics sectors, coupled with government initiatives promoting automation and inventory management, are expected to create significant opportunities in these regions over the forecast period.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global RFID Transponder Coil Market
Passive RFID Transponder Coils
Active RFID Transponder Coils
Semi-Passive RFID Transponder Coils
Copper
Aluminum
Silver
Other Materials
Low Frequency (LF)
High Frequency (HF)
Ultra High Frequency (UHF)
Microwave Frequency
Retail and Consumer Goods
Logistics and Supply Chain
Healthcare
Aerospace and Defense
Automotive
Asset Tracking
Inventory Management
Access Control
Security and Authentication
Smart Packaging
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global RFID Transponder Coil Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global RFID Transponder Coil Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global RFID Transponder Coil Market, By Type
6. Global RFID Transponder Coil Market, By Application
7. Global RFID Transponder Coil Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global RFID Transponder Coil Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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