Radio Frequency Identification (RFID) Equipment Market

By Product Type;

Tags, Readers, and Software

By Wafer-Size;

200mm, 300mm, and Others

By Technology;

Active RFID and Passive RFID

By Frequency Type;

Low, High, and Ultra-High

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn802199674 Published Date: June, 2025 Updated Date: August, 2025

RFID Equipment Market Overview

RFID Equipment Market (USD Million)

RFID Equipment Market was valued at USD 15984.51 million in the year 2024. The size of this market is expected to increase to USD 27394.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.


Radio Frequency Identification (RFID) Equipment Market

*Market size in USD million

CAGR 8.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.0 %
Market Size (2024)USD 15984.51 Million
Market Size (2031)USD 27394.64 Million
Market ConcentrationMedium
Report Pages305
15984.51
2024
27394.64
2031

Major Players

  • Security and Access control
  • Avery Dennison
  • Motorola
  • Alien Technology
  • Zebra Technologies Corporation
  • Impinj
  • Checkpoint Systems Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Radio Frequency Identification (RFID) Equipment Market

Fragmented - Highly competitive market without dominant players


The RFID Equipment Market is experiencing steady momentum, with over 54% of enterprises adopting RFID readers, antennas, and tags to streamline integration across asset tracking, access management, and inventory workflows. These devices allow automated identification, real-time visibility, and accurate record-keeping. Vendors are deploying focused strategies to enhance scan reliability, signal range, and durability. This shift is contributing to strong growth in digital identification and tracking capabilities.

Opportunities and Expansion
Around 49% of logistics providers and manufacturers are leveraging opportunities by deploying compact RFID tags, tamper-proof designs, and cloud-synced readers in operational settings. These advancements minimize asset loss, boost productivity, and reduce downtime. The market is also enabling broader expansion into warehouse automation, event tracking, and transport safety solutions as smart logistics take center stage.

Technological Advancements
More than 63% of RFID systems now incorporate advanced technological advancements like UHF signal boosting, smart filtering, and battery-assisted tags. These features improve readability across long distances and high-density environments. Ongoing innovation is equipping RFID hardware with IoT readiness, enabling flexible deployment in diverse sectors including agriculture and healthcare.

Future Outlook
More than 60% of enterprise automation strategies now include RFID adoption, indicating a robust future outlook. These systems are fostering enterprise growth by reducing manual tasks, increasing real-time asset visibility, and unlocking data-driven decisions. With the market’s continued expansion, RFID is becoming central to digital transformation in physical asset management.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Wafer-Size
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Frequency Type
    5. Market Snapshot, By Region
  4. RFID Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for asset tracking systems
        2. Growing use in supply chain visibility
        3. Increased adoption in retail inventory management
        4. Expansion of RFID in healthcare operation
      2. Restraints
        1. High upfront cost of RFID infrastructure
        2. Data privacy and security implementation concerns
        3. Interference issues with metal and liquids
        4. Lack of standardization across global markets
      3. Opportunities
        1. Integration with IoT and cloud platforms
        2. Emergence of passive and low-cost RFID tags
        3. Adoption in smart logistics and warehousing
        4. Government initiatives supporting RFID in defense
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. RFID Equipment Market, By Product Type, 2021 - 2031 (USD Million)
      1. Tags
      2. Readers
      3. Software
    2. RFID Equipment Market, By Wafer-Size, 2021 - 2031 (USD Million)
      1. 200mm
      2. 300mm
      3. Others
    3. RFID Equipment Market, By Technology, 2021 - 2031 (USD Million)

      1. Active RFID

      2. Passive RFID

    4. RFID Equipment Market, By Frequency Type, 2021 - 2031 (USD Million)
      1. Low
      2. High
      3. Ultra-High
    5. RFID Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Security and Access control
      2. Avery Dennison
      3. Motorola
      4. Alien Technology
      5. Zebra Technologies Corporation
      6. Impinj
      7. Checkpoint Systems Inc.
  7. Analyst Views
  8. Future Outlook of the Market