Key Findings
The Germany UHF RFID (RAIN) market is set to register a CAGR of 10.53% during the forecast period, 2021-2026. The three important sectors contributing to the German economy are retail, logistics, and automotive. UHF RFID technology is used extensively in the retail sector to combat counterfeit items, prevent out-of-stock situations, and generate a more effective supply chain.
Market Insights
Germany is an important logistics hub in Europe. It entails a world-class infrastructure and cutting-edge logistics services. The management of in and outflow of goods and information and the transportation of goods and their storage are essential economic functions creating high value. Also, the e-commerce sector is recording double-digit growth, thereby requiring investment in warehousing, as per a logistics report by JLL real estate. In 2018, the overall warehouses from all industries accounted for 7.2 million sqm in Germany. Global players like Amazon are investing in logistic centers’ expansion in the online retail segment. This is because the demand for delivery services to end-consumers is on the rise. Moreover, the country is also the geographic center of the EU with advanced transportation infrastructure that facilitates easy access.
Competitive Insights
Some of the prominent market players include Jadak- A Novanta Company, Impinj Inc, NXP Semiconductors, Lowry Solutions Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments