RFID Printers market is one of the significantly increasing market due to growing usage of RFID tags in identification of products in retail shops. With the use of specialized printers, warehouses, shipping companies, manufacturers and retailers can better track their stocks with the help of smart labels tagged in the product. RFID printer specifically designed to write data to RFID chips embedded in smart labels. The printer contains an RF encoder, which transmits the data to the chip and encodes it. The RFID printer then checks the data to ensure it has encoded correctly. RFID printers also print the label itself, adding a barcode, graphics or any other information desired to the label itself.
RFID printers can be used by warehouses and retailers as an inventory control system, where the RFID chip can contain information related to a wholesale package’s contents or set off an alarm if a shoplifter attempts to sneak it past a scanner at the exit. These RFID printers are generally used for shipping, where basic shipping information can be printed upon the label itself and more detailed information regarding handling instructions, shipping history or other information can be stored upon the chip.
RFID Printers Market: Drivers and Challenges
The major factor driving the adoption of RFID Printers is the increasing demand to manage inventory in a better way so as to reduce the risk of product wastage. Moreover the rising need for smart labels reduce human errors occurs in product labeling. The RFID printers market is increasing due to adoption of RFID tags solutions in retail as well as in other industries also such as healthcare, manufacturing, transportation and logistics, and other.
The key challenge for RFID Printers market is the high charges of these RFID printers due to specialized ink being used to print smart labels. These inks used in RFID printers are quite expensive so printing tags for large amount of product can be costly due to which operation cost can be increased. Moreover, Depending on the amount of labels will need at any given time, user may need to purchase multiple printers and a large amount of compatible readers and labels. Also maintenance tasks such as refilling the labels, clearing jams and replacing ink is needed to be done very carefully.
In RFID Printers market there are many solution providers some of them are Zebra technologies, Honeywell, SATO Holding corporation, Toshiba, Dascom and others
Presently, North America and Europe is holding the largest market share for RFID Printers market due to presence of large RFID printer manufacturers and other solution market players in these region. Moreover the rising usage of RFID technology for tracking is increasing the market opportunity in these region.
Asia –Pacific is also increasingly adopting RFID Printers technologies with the entry of major & established players such as Honeywell and others.
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