Chipless RFID Market to Cross $7.5 billion Revenue by 2030

Chipless RFID Market Overview:

“The global chipless RFID market was valued at 2.5 billion in 2022 and is projected to reach 7.5 billion by 2030, growing at a CAGR of 24.5% from 2023-2030.”

The term "chipless RFID" refers to radio frequency identification (RFID) systems without silicon-based integrated circuits. With the development of wireless technology, it is now possible to implement access controls, automatic identifications, security and surveillance, tracking, database administration, logistics, and inventory control.

It does away with silicon-based integrated circuits in favor of conductive polymers or plastic. Since there is no longer a need for a silicon IC chip in the circuit, chipless RFID marks significant progress in the struggle against the limitations imposed by traditional RFID technology.

A chipless RFID is a form of RFID tag that transmits data using radiofrequency (RF) radiation rather than a microchip transponder. Some chipless tags operate at a one-millimeter range and utilize digitally encoded conductive polymers or plastics in place of silicone microchips.

Additionally, chipless RFID tags have characteristics like the magnetically-encoded banknote stripe, a distinctive signature, and microwave-reflecting fiber. The main applications for these tags are item-level tagging, financial cards, and e-passports. The chipless RFID tags are utilized for high-volume secure documents, air baggage, smart ticketing, anti-counterfeiting, animal tracking, and asset tracking.

The chipless RFID tags Market is becoming increasingly popular for inventory management across various business sectors, including healthcare, banking, financial services, and insurance (BFSI). Chipless RFID tags, on the other hand, are available at a price significantly lower than traditional RFID tags due to the absence of a silicon chip and the elimination of the need for maintenance procedures. Therefore, these factors have contributed to a rise in the use of chipless RFID tags in identification documents such as passports and banking cards.

Demand Outlook

Sales of RFID chipless are expanding rapidly as acceptance is increasing in many industries, including logistics, healthcare, retail and aerospace. The consumer goods and retail sector The retail and consumer goods sectoris predicted to be the most lucrative revenue-generating segment.

One of the primary reasons for the increasing chipset-less RFID need for technology is the low price and flexibility that is offered by RFID technology. Businesses are seeking efficient and cost-effective methods to manage their inventory as well as assets.

Another reason behind the widespread adoption for chipless RFID is the ability to integrate of IoT sensors. This integration allows real-time monitoring and tracking of inventory and assets, giving companies greater control and transparency over their operations.

In terms of regionally, Asia Pacific is expected to be the most dominant market for RFID chipless technology. Its growth in Asia Pacific is due by the rising acceptance of RFID technology in China as well as India.

The advantages offered by chips-free RFID tags are helping to drive the development in the industry. The tags can be manufactured with eco-friendly materials, which makes them an environmentally sustainable option for businesses looking to lessen their impact on the environment.

Businesses that operate in the market are likely to reap the new opportunities for growth and innovation, as the need of chipless RFID technology will continue to increase in 2023 and beyond.

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Market Dynamics

Growth Drivers

Reading Range Increased

One of the drivers propelling the chipless RFID market is the rising demand for better capabilities for reading range. The term read range refers to the distance between a chipless RFID reader and the tag, from which information can be captured accurately. This driver is a result of the necessity to improve the effectiveness, flexibility and efficiency of RFID systems across different industries. By expanding the range of reads that RFID chips RFID technology, businesses can attain greater coverage and collect information by using tags which are situated in greater distances. This extends the range of tracking and scanning capabilities, allowing you to monitor and identify products or assets across larger areas without needing close proximity.

The advantages of a wider reading range are especially significant in sectors like logistics, retail manufacturing and logistics. In Retail, for instance having a greater read range can lead to more efficient and precise inventory management. It permits simultaneous scanning of several items across a greater space, resulting in quicker inventory taking, less manual handling, and fewer interruptions to operations in stores. In the supply chain and logistics processes the extended read range can improve inventory tracking and visibility of supply chain. It allows RFID systems to record tags from objects that are moving at greater speeds or in far-off regions. This technology improves the accuracy and effectiveness of tracking the shipments, coordinating the inventory in warehouses and simplifying the logistics process.

For example, in May 2023, Brady the RFID solutions company, unveiled a new UHF LED RFID reader and RFID label designed to improve efficiency of picking and reduce warehouse operation. The result is that it is today possible for customers to identify precisely the location of items with more precision.

Secured Enhancement

Improved security is an important driver for the chipless RFID market. The need for better security measures is a result of concerns regarding counterfeiting, product authenticity as well as data privacy and the integrity of supply chains. Technology that uses chipless RFID offers numerous attributes and capabilities that increase security, which makes it the preferred choice of businesses across different sectors. One of the key security benefits that chipsetless RFID is the capability to provide a unique identification and verification of assets or products. Every chipless RFID tag is marked using a specific identifier providing an accurate and reliable identification of the specific item. This can prevent counterfeiting and unauthorised replication of products, while ensuring the authenticity and security of the products throughout every step of supply chain.

Chipless RFID can also be used to enable real-time monitoring and tracking of goods or assets. By using continuous and precise data collection, companies can get a better understanding of the movements, location, and status of items tagged. This allows proactive measures to identify and stop theft, loss or tampering, increasing the security of supply chains and reducing the threat of unauthorised access.

 Another benefit of increased security in chipsetless RFID is the capability to integrate encryption and data security measures. Advanced encryption techniques can be incorporated into the exchange of data between chipsetless RFID tag and reader, which ensures the security and confidentiality of the data being transmitted. This can help protect sensitive information and reduces the threat of data loss or unauthorized access to the valuable data in RFID systems. RFID system.

A significant example of increased security through chips-less RFID technology is the partnership that was formed between Auburn University and SAVSU Technologies which is a thermal packaging solutions firm, in 2020. They developed a secure and temperature-sensitive chipless RFID solution for COVID-19 vaccine distribution and monitoring.

Trends

• Chipless RFID technology has been gaining traction in the retail sector because of its capability to facilitate efficient inventory management and reduce theft of products and enhance the quality of the overall experience for customers.
• Since the logistics and supply chain industries continue to expand and expand, there is an increasing demand for effective monitoring and tracking solutions. This is achieved by chipless RFID technology.
• The development of chipless RFID applications in industries like food, healthcare and automotive industries is anticipated to propel the development.
• Enhancements in the range of reading as well as data storage capacity and the durability of tags will accelerate the adoption of chipless RFID technology.
• A variety of procedures, including the management of inventory as well as asset monitoring and quality control are made automated by the use of chipless RFID technology.
• The growing focus on sustainability in various industries, such as logistics and retail, will help to boost the market.
• Chipless RFID technology can help businesses reduce waste, boost efficiency, and reduce their impact on the environment.

Opportunities

Internet of Things (IoT) Integration

The combination with chipless RFID technology in conjunction with IoT technology Internet of Things (IoT) presents a multitude of possibilities for companies across different industries. IoT integration allows seamless data connectivity and seamless communication with chipless RFID system as well as other devices that are connected that create a seamless system that is interconnected. This connectivity permits the real-times data to be exchanged through chipless RFID tags gateways, sensors, and cloud platforms, improving the accessibility and visibility of data. By the integration of IoT capabilities, businesses can benefit from advanced analytics to gain valuable insights from the massive quantity of data produced by the chipless RFID tags as well as various other IoT devices.

This allows data-driven decision-making. It uncovers patterns and trends and allows proactive action to optimize processes and increase efficiency. Furthermore, IoT integration enables automation and process optimization by triggers in accordance with predefined rules and workflows. It simplifies processes, reduces any manual intervention, and improves productivity.

In addition using chips-free RFID and IoT can enable predictive maintenance. In real-time, data gathered from RFID chips RFID tags, as well as IoT sensors can be utilized to monitor the condition of assets, anticipate maintenance requirements, and avoid malfunctions. This method optimizes maintenance schedules, lowers expenses, and increases the reliability of assets.

Furthermore, IoT integration enhances supply chain management by offering complete visibility of the supply chain and improving logistics processes. Real-time information from RFID chips RFID tags, in conjunction with other IoT sources of data, allows companies to monitor the status of their assets, track shipment conditions, and take timely decisions to satisfy customer needs.

In the end, IoT integration in chipless RFID technology gives businesses increased connectivity with advanced analytics, optimization, and automation capabilities that allow businesses to improve their operations by delivering exceptional user experiences, and get an advantage in the current digital world.

Restraints

Capacity for Data Storage

One of the restraints in the chips-free RFID marketplace is the limitations of capacity for data storage. In comparison to traditional RFID systems that rely on Integrated Circuits (ICs) or chips to store data and storage, chipless RFID technology is a bit more limited in regards to data storage capacity. Chipless RFID tags rely on encoders that store data by varying in the physical properties of the tag like the size, shape or composition of elements found on the tag.

Although chips-based RFID tags can encode unique identifiers, as well as other data however their capacity for data storage is typically less than Chip-based RFID tags. The amount of information stored can be stored by chipless RFID tag is usually limited to a couple of kilobytes. Chip-based RFID tags can hold several kilobytes or megabytes of information. This limits the range and amount of data that can be encoded by chips. RFID tags.

The limited capacity of data storage in chipless RFID tags creates problems in specific applications that require a lot of data storage, for example, customer details, product details, or even sensor readings. In industries where extensive information is required to be tied to specific assets or items chipset-less RFID may not be the best solution. However it is crucial to remember that the main purpose for the chipless RFID technology is usually focused on identifying unique objects and tracking rather than massive data storage. In several applications the unique identifier embedded on chips without RFID tag is an important key for retrieving relevant information from a central databases or information systems.

To mitigate the data limit on storage capacity, companies can make use of additional technology and systems that work with chipless RFID systems, like cloud-based databases or backend systems. This permits the linking of additional information to chips without RFID tags unique identification number giving access to greater information when required.

Performance Variability

Performance variation is a limitation in the chipless RFID market, which refers to the possibility of variations in the quality and reliability of the chips-free RFID systems. Chipless RFID technology rely on a variety of encoding methods like frequency modulation or time domain encoding or spatial modulation, which allows for the representation of data without the need for chip or integrated circuits. Due to the complex nature and the variety of these methods for encoding it is possible that there can be a variance in the performance of the chipless RFID system in different settings, materials and conditions for reading.

Certain factors, like the composition of materials in tagged objects, the tag's placement as well as the environmental condition (e.g. temperatures, humidity) and the reader's capabilities, can impact the reading distance, accuracy and quality that RFID chips. RFID tags.

In certain instances RFID chipless RFID devices may get affected by interference with different electromagnetic signals, or by physical obstructions. Variability in performance can cause problems in getting constant and stable read rates, particularly in large-scale deployments or in complex environments. This may result in inaccurate reads, missed reads, or decreased read ranges that can affect the overall efficiency and efficacy of RFID-enabled systems and applications.

To address the issue of performance variability, it is necessary to be careful in system design in addition to optimization and testing. Design of antennas, tag selection and the reader's configuration all play vital parts in managing performance variation. Conducting thorough tests and validation in realistic situations can aid in identifying and addressing any potential issues with performance early.

Furthermore guidelines and industry norms can be instrumental in decreasing the variability in performance. The standardization of chipless RFID methods of encoding tags, designs for tags, and specifications for readers can create guidelines to ensure consistency in performance across various implementations. Conformity to these standards guarantees interoperability and increases the overall performance and reliability of RFID systems that use chipless technology.

It is vital for businesses looking at chips-based RFID solutions to examine and verify the performance that the system can provide in their particular use cases and settings. Tests on pilots and close cooperation with technology companies can assist in identifying and addressing the potential for performance issues.

Performance variability is some limitations, constant advances in the field of chipless RFID technology, encoding methods and system design are aiming to increase consistency in performance and reliability. As the market develops, continuing effort in research and development are likely to result in the decrease of variations in performance which will improve the overall effectiveness and acceptance of chipless RFID systems.

Chipless RFID Market Segment Analysis:

Based on product type, frequency, application, end-user, and region, the global market for chipless RFID is divided into these categories.

The chipless RFID market primarily sells Tag and Reader product types. RFID tags that do not require a microchip in the transponder are known as chipless RFID tags.

Compared to barcodes, which need a person to scan them, RFIDs have a greater range and can be automated. The price of RFIDs is the biggest barrier to widespread adoption. It's vital to compare chipless RFID tags to traditional RFID and barcodes in order to comprehend how they have evolved.

 A very broad range of functions connected to the utilization of radio-frequency (RF) waves for data exchange is advantageous for RFID. On tags with editable information, the acquisition of the identifier (ID) is greatly facilitated, and volumetric readings are also feasible. Despite the fact that a barcode cannot perform these tasks, 70% of all products created worldwide come with one. Chipless RFID tags, like other RFID technologies currently in use, are connected to a particular RF reader, which scans the tag and extracts the data it contains.

The reader's operation is based on the emission of a certain electromagnetic (EM) signal in the direction of the tag and the capture of the signal that is reflected back by the tag. The information included in the tag can be recovered through the processing of the signal that was received, particularly during a decoding stage. RFID tags and chipless RFID tags are essentially distinct from one another. In the latter, the reader sends a particular frame to the tag in accordance with a conventional binary modulation architecture.

Chipless RFID comes in three different frequency ranges: low, high, and ultrahigh. Although some Low-Frequency RFID systems operate at 134 KHz, this frequency is not the norm. In comparison to higher frequencies, this frequency band has a 10-cm read range and a slower read speed, but it is less susceptible to radio wave interference.

The frequency range from 300 MHz to 1 GHz is known as the Ultra High Frequency (UHF) band. Ultra High Frequency (UHF) RFID systems are those that use this frequency band for operation. UHF RFID tags and readers typically operate between 860 and 960 MHz and at 433 MHz.

The chipless RFID market's applications include Smart Cards and Smart Tickets. A smart card is a plastic card with either only a memory chip or a microprocessor within. The information on the microprocessor card can be added, removed, or otherwise changed. A phone card with a memory chip can only add information.

The widespread need for smart cards in many industries, including health care, banking, entertainment, transportation, access control, and government identification, among others, can be credited with the growth of the smart card market. The use of smart cards with a mirror-like sheen and a scratch-resistant surface is the newest style development. These cards faithfully reproduce the artwork as well. The second-largest market is for smart tickets.

The benefits of smart tickets have led to growth in the global chipless RFID market. RFID smart tickets can scan and recognize several things thanks to anti-collision technology. The chipless RFID market offers several profitable potentials for a variety of uses, including ticketing, logistics, warehouse, and library book checkouts.

Based on end-user, Retail, Healthcare, Logistics, Transportation, and BFSI Chipless RFID market reports divisions are broken down. The global chipless RFID market is expanding as a result of the retail industry's increasing adoption of chipless RFID tags in its retail chains and locations. The retail sector uses chipless RFID tags most frequently for item-level tracking and smart stocking.

RFID healthcare organization Chipless RFID allows for rapid or real-time personnel management and tracking in all patient care settings. This offers information that is helpful for monitoring productivity in a busy hospital. Also, many transportation and logistics organizations are now able to achieve shipping, receiving, and order accuracy rates that are almost flawless thanks to RFID technologies. Along with improved inventory accuracy, order processing times are nearly 30% faster, and labor costs that are 30% lower.

Competitive Landscape of the Chipless RFID Market

The major players operating in the global Chipless RFID industry include the major market players are Alien Technology, LLC., Applied Wireless, Inc., Avery Dennison Corporation, Checkpoint Systems, Inc., Honeywell International Inc., iDTRONIC GmbH, Impinj, Inc., Invengo Technology Pte. Ltd., NXP Semiconductors, Zebra Technologies Corporation.

Recent Developments in Chipless RFID Market

6 June 2022: Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the front line of business with solutions and partners that deliver a performance edge, acquired Matrox Imaging (Matrox Electronic Systems Ltd.), a proven developer of advanced machine vision components, software, and systems.

6 February 2023: Zebra Technologies extends its partnership with the national football league.

n 2020, Alien Technology, a leading provider of RFID solutions, launched its next-generation chipless RFID technology called Higgs-9. Higgs-9 chipless RFID platform offers improved read range, enhanced data security, and increased memory capacity compared to previous generations. It enables businesses to achieve greater accuracy and efficiency in asset tracking and inventory management applications.

Impinj, a pioneer in RFID technology, introduced several advancements in chipless RFID during this period from 2020 to 2022. In 2020, the company released Monza R6-A chip, offering improved sensitivity and read range for enhanced performance in chipless RFID applications. Impinj also introduced M700 series of endpoint ICs in 2021, designed for chipless RFID and RAIN RFID applications, providing higher sensitivity and greater integration flexibility.

Xerox Corporation, known for its innovations in printing technology, has made significant developments in chipless RFID applications. In 2020, Xerox announced a breakthrough in chipless RFID technology, enabling the printing of tags directly onto packaging or labels using existing inkjet printing systems. This advancement simplifies the tag manufacturing process and lowers costs, making chipless RFID more accessible for various industries.

NXP Semiconductors, a leading provider of chip-based RFID solutions, has also been involved in chipless RFID developments. In 2020, NXP Semiconductors introduced the UCODE 8 RAIN RFID chip, which combines chip-based and chipless RFID technologies. UCODE 8 offers increased memory capacity and improved performance, allowing for a seamless transition from traditional chip-based RFID to chipless RFID applications.

Regional Insights

North America has been a important region for the chipless RFID technology. The region is home to a number of large technology companies and has seen the early use of modern RFID solutions. The existence of a solid retail industry, strict anti-counterfeiting laws and a strong emphasis on maximizing supply chain efficiency are all contributing to the development of the chipsetless RFID market in the region.

Europe is another market that is developing with chips-free RFID technology. The region has a strong presence of key chipless RFID solution providers and a technologically-advanced retail industry. The use of RFID in areas like pharmaceuticals, fashion and automobiles, has had a significant impact in Europe. In addition, the EU's emphasis on improving the efficiency of supply chains as well as traceability and product authentication has also influenced the use of chipless RFID technology.

The Asia Pacific region is expected to experience significant expansion in the chipless RFID market. Rapid industrialization, increasing investment in infrastructure, as well as the existence of manufacturing hubs play a role in the growing use of the chipless RFID technology. Logistics, retail as well as healthcare sectors in countries such as China, India, Japan along with South Korea are driving the need for RFID chipless solutions.

Latin America is an emerging market for RFID chipless technology. The region is seeing a growing demand for chipless RFIDs in areas like manufacturing, retail and healthcare. The demand for better inventory management, improved customer experiences, as well as counter-counterfeiting strategies are driving need for chipset-less RFID solutions in the region.

The Middle East and Africa region is seeing a steady use in chipset-less RFID technology. Industries like logistics, retail as well as healthcare are making use of chipless RFID for the management of inventory, supply chain optimization as well as asset tracking. The focus of the region on improving security, decreasing counterfeiting, and increasing efficiency of operations is driving demand of chipless RFID solutions.

Segments Covered in the Chipless RFID Market

Chipless RFID Market by Product Type

• Tag
• Reader

Chipless RFID Market by Frequency

• Low frequency
• High frequency
• Ultrahigh frequency

Chipless RFID Market by Application 

• Smart Cards
• Smart Tickets

Chipless RFID Market by End-User

• Retail
• Healthcare
• Logistics and Transportation
• BFSI

Chipless RFID Market by Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Frequently asked questions with answers

What is the worth of the global chipless RFID market?

The global chipless RFID market was valued at 2.5 billion in 2022 and is projected to reach 7.5 billion by 2030, growing at a CAGR of 24.5% from 2023-2030.

 Which market segments are covered in the report on the chipless RFID market?

Based on product type, frequency, application, end-user, and region the chipless RFID market reports divisions are broken down.

Which are the top companies to hold the market share in the chipless RFID market?

Key players profiled in the report include Alien Technology, LLC., Applied Wireless, Inc., Avery Dennison Corporation, Checkpoint Systems, Inc., Honeywell International Inc., iDTRONIC GmbH, Impinj, Inc., Invengo Technology Pte. Ltd., NXP Semiconductors, Zebra Technologies Corporation and other

Which is the largest regional market for the chipless RFID market?

North America dominates the largest market for the chipless RFID market. With a CAGR of 38% over the course of the projected period, North America is the region that contributes the most to the worldwide chipless RFID market.

1. Introduction
   1. Market Definition
   2. Market Segmentation
   3. Research Timelines
   4. Assumptions And Limitations
2. Research Methodology
   1. Data Mining
      1. Secondary Research
      2. Primary Research
      3. Subject-Matter Experts’ Advice
   2. Quality Checks
      1. Final Review
   3. Data Triangulation
      1. Bottom-Up Approach
      2. Top-Down Approach
      3. Research Flow
   4. Data Sources
3. Executive Summary
4. Market Overview
   1. Global Chipless Rfid Market Outlook
      1. Market Drivers
      2. Market Restraints
      3. Market Opportunities
   2. Impact Of Covid-19 On The Chipless Rfid Market
   3. Porter’s Five Forces Model
      1. Threat From New Entrants
      2. Threat From Substitutes
      3. Bargaining Power Of Suppliers
      4. Bargaining Power Of Customers
      5. Degree Of Competition
   4. Industry Value Chain Analysis
5. Global Chipless Rfid Market By Product Type
   1. Tag
   2. Reader
6. Global Chipless Rfid Market By Frequency
   1. Low Frequency
   2. High Frequency
   3. Ultrahigh Frequency
7. Global Chipless Rfid Market By Application
   1. Smart Cards
   2. Smart Tickets
8. Global Chipless Rfid Market By End-User
   1. Retail
   2. Healthcare
   3. Logistics And Transportation
   4. Bfsi
9. Global Chipless Rfid Market By Region
   1. North America
      1. Us
      2. Canada
      3. Mexico
   2. South America
      1. Brazil
      2. Argentina
      3. Colombia
      4. Rest Of South America
   3. Europe
      1. Germany
      2. Uk
      3. France
      4. Italy
      5. Spain
      6. Russia
      7. Rest Of Europe
   4. Asia Pacific
      1. India
      2. China
      3. Japan
      4. South Korea
      5. Australia
      6. South-East Asia
      7. Rest Of Asia Pacific
   5. Middle East And Africa
      1. Uae
      2. Saudi Arabia
      3. South Africa
      4. Rest Of Middle East And Africa

10. Company Profiles*
    1. Alien Technology, Llc.
    2. Applied Wireless, Inc.
    3. Avery Dennison Corporation
    4. Checkpoint Systems, Inc.
    5. Honeywell International Inc.
    6. Idtronic Gmbh
    7. Impinj, Inc.
    8. Invengo Technology Pte. Ltd.
    9. Nxp Semiconductors
    10. Zebra Technologies Corporation

Research Methodology