Chipless RFID Market Size (2024 - 2029)

The chipless RFID market is experiencing significant growth due to technological advancements that offer a cost-effective alternative to traditional chipped RFID systems. This technology is poised to penetrate mass markets for low-cost item tagging, addressing the high expenses associated with silicon chip RFID transponders. The integration of chipless RFID in various industries, particularly with the rise of IoT in supply chains, underscores its expanding market size and potential for widespread adoption.

Market Size of Chipless RFID Industry

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Chipless RFID Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 28.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Chipless RFID Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Chipless RFID Market Analysis

The Chipless RFID Market was valued at USD 0.89 billion in 2020 and is expected to reach USD 3.94 billion by 2026 and work at a CAGR of 28% over the forecast period 2021-2026. Technological advancements have led to new approaches within RFID technology, like microprocessors with 5.8 GHz tags for smart cards and chipless IDs that enable contactless communication even in the absence of a silicon chip.

  • The chipless RFID technology has emerged as a lowcost alternative for chipped RFID system and has the potential to penetrate mass markets for lowcost item tagging, considering the high cost of silicon chip RFID transponders compared to optical barcodes. Thus, problems of achieving low-cost chipped RFID are presented with the proposed solution of chipless RFID for lowering the price of the RFID tag.
  • For instance, in August 2018, the UC San Diego Jacobs School of Engineering and the Center for Wireless Communications at UC San Diego announced their chipless ID technology that can reflect WiFi signals. The chipless RFID technology released by them is in the form of metal tags made from copper foil printed on thin, flexible substrates, like paper.
  • The Institute of Electrical and Electronics Engineers (IEEE) estimated that by 2020, more than 50 billion objects will be networked, of which many will use chipless RFID. With IoT being implemented in the supply chain across the pharmaceutical, manufacturing and other logistics industries, such statistics substantiate the market potential over the forecast period.

Chipless RFID Industry Segmentation

Chipless RFID (Radio Frequency Identification) is an emerging disruptive wireless technology for identification, tracking, and sensing. A chipless RFID tag does not contain an application specific integrated circuit (ASIC), hence the reader does all signal processing to read the tag. Chipless RFID tags are low-cost passive microwave/millimeter wave circuits where the information is stored in printable resonators and delay lines and typically implemented in flexible substrates such as polymers and papers, like optical barcodes. 

By Product Type
Tag
Reader
Middleware
By Application
Smart Cards
Smart Tickets
Other Applications
By End-user Industry
Retail
Healthcare
Logistics and Transportation
BFSI
Other End-user Industries
Geography
North America
Europe
Asia-Pacific
Rest of the World
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Chipless RFID Market Size Summary

The chipless RFID market is experiencing significant growth, driven by technological advancements that have introduced innovative approaches within RFID technology. This includes the development of microprocessors with advanced frequency tags and chipless IDs, which facilitate contactless communication without the need for a silicon chip. Chipless RFID technology is emerging as a cost-effective alternative to traditional chipped RFID systems, offering a viable solution for mass market penetration in low-cost item tagging. This is particularly relevant given the high expense associated with silicon chip RFID transponders compared to optical barcodes. The potential for chipless RFID is further underscored by its application in various sectors, such as e-healthcare, where it integrates with wireless networking technologies to monitor patient conditions and combat drug counterfeiting.

The market is also witnessing increased investment and innovation in regions like China, Japan, and India, where companies are exploring the use of chipless RFID to enhance retail experiences and smart packaging solutions. The rise in per capita income and the demand for portable electronic devices in India are contributing to the market's expansion. Key players in the industry, including Alien Technology, Avery Dennison, and Zebra Technologies, are actively developing and implementing RFID solutions to meet the growing demand. These developments highlight the chipless RFID market's potential for substantial growth and its role in addressing challenges across various industries, from supply chain management to healthcare.

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Chipless RFID Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Value Chain / Supply Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Tag

      2. 2.1.2 Reader

      3. 2.1.3 Middleware

    2. 2.2 By Application

      1. 2.2.1 Smart Cards

      2. 2.2.2 Smart Tickets

      3. 2.2.3 Other Applications

    3. 2.3 By End-user Industry

      1. 2.3.1 Retail

      2. 2.3.2 Healthcare

      3. 2.3.3 Logistics and Transportation

      4. 2.3.4 BFSI

      5. 2.3.5 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 North America

      2. 2.4.2 Europe

      3. 2.4.3 Asia-Pacific

      4. 2.4.4 Rest of the World

Chipless RFID Market Size FAQs

The Chipless RFID Market is projected to register a CAGR of 28% during the forecast period (2024-2029)

Alien Technology Corporation, Zebra Technologies Corporation, Variuscard GmbH, Avery Dennison Corporation and NXP Semiconductors NV are the major companies operating in the Chipless RFID Market.

Chipless RFID Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)