The value of the worldwide Chipless RFID Market was predicted to reach US$ 955.3 Mn in 2019.
Chipless RFID tags are being used by several businesses, including the healthcare and BFIS sectors, to track their products. Since they don't have silicone chips and don't need maintenance, these chipless RFID tags are significantly less expensive. As a result, these elements have accelerated the use of chipless RFID tags in passports and credit cards. Due to its low cost and anti-counterfeiting capabilities, chipless RFID is also being widely adopted by a number of businesses, which is anticipated to propel the growth of the worldwide chipless RFID market during the forecast period.
Major Players in the Chipless Rfid Industry:
Zebra Technologies Corporation:
1. Leading supplier of automatic identification and data collection equipment to businesses is Zebra Technologies. Mobile computers, barcode printers, and workflow optimisation software are some of its solutions. The company primarily caters to the retail, logistics, manufacturing, and healthcare sectors, creating specialised solutions to increase client productivity. Created in 1969. United States headquarters.In 2022, Zebra Technologies Corporation (NASDAQ: ZBRA), a leader in business innovation with partners and solutions that give customers a competitive edge, announced the completion of its acquisition of Matrox Imaging (Matrox Electronic Systems Ltd.), a reputable manufacturer of cutting-edge machine vision systems, components, and software.
Spectra Systems, Molex Inc.:
2. In addition to creating safe software for gaming, Spectra Systems Corp also creates, develops, produces, and markets technology-based systems needed to authenticate and process banknotes. The company has segmented its business into three categories: secure transactions, banknote cleaning technologies, and authentication systems. Created in 1996. United States headquarters.
Xerox Corporation:
3. In addition to creating safe software for gaming, Spectra Systems Corp also creates, develops, produces, and markets technology-based systems needed to authenticate and process banknotes. The company has segmented its business into three categories: secure transactions, banknote cleaning technologies, and authentication systems. Built in 1906. United States headquarters. Today, Powerland, a renowned Canadian provider of IT services, was purchased by Xerox Holdings Corporation (NASDAQ: XRX) for cash.
