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(Medical-NewsWire.com, February 15, 2016 ) RFID is used for complete tracking of goods and its temperature, during the entire supply chain of the products. The lack of global standards, along with troubleshooting issues is hindering its wide scale adoption in cold chain.
Explore more about Global RFID in Cold Chain Market at: https://www.psmarketresearch.com/market-analysis/rfid-in-cold-chain-market
The RFID technology in cold chain is used for tracing and tracking contents, location expiration, and manufacture dates. The data gathered by RFID can be transmitted to the authorities. The pharmaceutical industry vertical segment accounted for the largest market share in the global RFID in cold chain in 2014. The segment is expected to grow with the fastest rate during the forecast period, owing the increasing demand of RFID in Pharmaceuticals cold chain supply from developing countries, such as India and China. The growing global fisheries import and export is laying ample opportunities for the growth of the RFID in cold chain market.
Download TOC at: https://www.psmarketresearch.com/market-analysis/rfid-in-cold-chain-market/toc-sample
Active RFID accounted for the majority of market share in 2014. The battery assisted passive RFID is expected to grow at the highest rate, owing to their higher penetration within cold chain logistic in Asia-Pacific. Among the types, the RFID tags and RFID readers accounted for the majority of market share in 2014. These two segments are expected to grow at the fastest pace, during the forecast period.
North America accounted for the largest market of RFID in cold chain in 2014. The stringent government mandates, along with increased global trade of pharmaceuticals and food products have led to their market dominance. Europe is the second largest market of RFID in cold chain, owing the open border cold chain logistics among the EU countries. The Asia-Pacific RFID in cold chain market is expected to grow with the fastest pace during the forecast period, owing to the growth of pharmaceuticals product manufacturing in China and India. The RFID in cold chain market in Latin America, Middle-East, and Africa is in nascent phase. Brazil is expected to be the important largest market of RFID in cold chain by 2020.
Browse Related Market Research at: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics
Some of the competitors in the global RFID in cold chain market are Alien Technology Corporation, Dai Nippon Printing Company Limited, 3M Company, Checkpoint Systems Inc., BASF SE, and Confidex Ltd.
Global RFID in Cold Chain Market Segmentation
By Type
RFID Tags
RFID Readers
Software and Services
Other Hardware
By Industry Verticals
Food and Beverages
Pharmaceuticals
Others
By Technology
Active RFID
Passive RFID (Battery assisted passive BAP)
By Geography
North America
Europe
Asia-Pacific
Rest of the World
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