(MENAFN- America News Hour) The global RFID portals for doorways and corridors market by RFID type into high frequency and near field communication, dual frequency, ultra-high frequency and low frequency; by end-user industries into offices & commercial buildings, government institutions and organizations, universities & education institutions, hospitals & healthcare, retail and commercial markets, banks and financial institutions and others and by regions. RFID Portals for Doorways and Corridors Market is anticipated to mask a CAGR of 5.6% during the forecast period i.e. 2018-2027.
RFID portals for doorways and corridors are used for the purpose of tagging things and articles moving through them. In various industries, tracking of assets through bottlenecks is an essential working through the system. An RFID technology works using electromagnets wherein data is transmitted by electromagnetic field to the reader from an RFID tag. RFID portals provide real-time, accurate tracked data for wheelchairs and IV pumps in large hospitals, office equipment in multistory buildings, pump equipment in far-flung oil fields and lot more.
As a developed region with good security and quality check devices application for smooth organizational working, North America is panned to observe substantial RFID portals for doorways and corridors market growth due to rising RFID portals for doorways and corridors usage in apparel and textile organizations as well as hotel and hospitality solutions. North America is expected to be followed by Asia-Pacific in terms of consumption due to expanding RFID portals for doorways and corridors requirements in assets and IT equipment tracking industries. Europe is expected to drive demand and positively impact RFID portals for doorways and corridors market growth over the forecast period owing to increasing RFID portals for doorways and corridors application for offices and commercial buildings.
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Rapid Industrialization
Rapid industrialization is leading in economic development with thriving manufacturing sector is expected to boost the RFID portals for doorways and corridors market in the developing regions of the world. Moreover, increasing use of scanning of RFID tag for the data in growing retail and commercial markets is attributed to contribute significantly in the growth of RFID portals for doorways and corridors market over the forecast period.
Growing End-User Industry Applications
The rising demand for RFID portals for doorways and corridors for various processes in various end-user industries such as educational, healthcare, financial institutions, telecommunication, and others are expected to drive the market rapid over the forecast period.
However, lack of knowledge about the application of RFID portals for doorways and corridors and low cost commercial projects leading to lower adoption of these in under-developed regions is expected to sluggish the sturdy growth of RFID portals for doorways and corridors market.
The report titled 'Global RFID Portals for Doorways and Corridors Market: Global Demand Analysis & Opportunity Outlook 2027' delivers detailed overview of the global RFID Portals for Doorways and Corridors market in terms of market segmentation by RFID type, by end-user industries and by regions.
Further, for the in-depth analysis , the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.
'The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).'
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This report also provides the existing competitive scenario of some of the key players of the global RFID Portals for Doorways and Corridors market which includes company profiling of Englert Inc., Jamison Door Company, Inc., Atlas RFID Solutions, Inc., Impinj, Inc., SageData, GAO Tek & GAO Group Inc., Barco, s.r.o., Form Process Engineering, Howick Ltd. and Metform International Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global RFID Portals for Doorways and Corridors market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
'The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).'
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