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The global RFID Kanban systems market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 18% during 2021-2026. 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 on different end use industries. 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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global RFID Kanban systems market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, component and applicatin.
Breakup by Type:
Breakup by Component:
Breakup by Application:
Breakup by Region:
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.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Component, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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