RFID Smart Labels Market Size Growth Rate by Type 2021 Share, Future Trend, Top Key Players, Growth Factor, Development, Applications and Forecast to 2027 | Honeywell, Weber Packaging Solutions, Loftware, Mhlbauer, Zebra, SATO, Barcodes

The “RFID Smart Labels Market” provides analysis and insights relating to the many factors expected to be rife throughout the forecast amount whereas providing their impacts on the Market’s growth. The increase within the aviation sector is escalating the expansion of the market. On the other hand, the high value associated with the services is foreseen to hinder the market growth. Lack of practised professionals and specialists is projected to challenge the RFID Smart Labels Market within the forecast amount of 2021-2027.

The RFID Smart Labels Market length is anticipated to develop at a CAGR of 17.99% for 2021-2027.

The rise in customer-centricity within the aviation trade acts collectively of the key factors driving the expansion of the market. The study includes information on rising players, as well as the competitive landscape, revenue, revenue and world market share of the key manufacturers: Honeywell, Weber Packaging Solutions, Loftware, Mhlbauer, Zebra, SATO, Barcodes, Inc., Alien Technology, BCI Label, Datamax-O-Neil, Intermec, Invengo, Omni-ID, Confidex, Fujitsu, Identix, Kathrein RFID, Shenzhen Chuangxinjia RFID Technology

Recent Development:

Honeywell has made Fiplex (Mar 2021), Sparta Systems (Dec 2020), SineHQ (Dec 2020) acquisitions and 26 investments. The company has spent over $ 16.47B on the acquisitions. Honeywell has invested in multiple sectors such as Facility Management Tech, Energy Efficiency Tech, Aviation IT and more.

Zebra Technologies has acquired 21 companies, including 8 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 2 assets. Zebra Technologies’ largest acquisition to date was in 2014 when it acquired Motorola Solutions – Enterprise Business for $3.5B. Its largest disclosed sale occurred in 2011 when it sold Navis to Cargotec for $190M. Zebra Technologies has been acquired in 10 different US states, and 4 countries. The Company’s most targeted sectors include technology hardware (43%) and software (27%).