Smart Labels Systems Market Growth Key Players are: Avery Dennison, CCL Industries Inc., Toshiba, Smartrac N.V., Advantech US, Zebra Technologies, Metra Blansko, Graphic Label, Inc., Checkpoint Systems
The smart labels market is segmented on the basis of components, technology, applications, and end-use industry. Based on components used, the market is segmented into transceivers, batteries, memories, microprocessors, and antenna.
(EMAILWIRE.COM, August 08, 2018 ) Market Overview:-
Smart Labels Market size is anticipated to witness growth during the forecast period, owing to the increase in applications in retail, FMCG, healthcare, construction, automotive, and packaging. Growing need for streamlined and automated operations in businesses is expected to foster Smart Labels Market growth.
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The technology provides benefits such as simple functioning and reliability. Some other advantages include prevention against counterfeiting and theft protection, which are expected to escalate the smart labels market growth. Companies are increasingly investing to improve anti-theft systems to reduce inventory damage and revenue loss due to theft and shop lifting. Counterfeit is one of the serious issues, which leads to brand deterioration & poor product performance and threatens consumer safety. Increasing focus of the industries to reduce counterfeit problems is anticipated to impact smart labels market demand positively, particularly from manufacturing and automotive sectors.
Top Key Players:-
Players in the smart labels market include Avery Dennison Corporation, CCL Industries Inc., Toshiba Global Commerce Solutions, Inc., Muhlbauer Holding Ag & Co. KGaA., Smartrac N.V., Thin Film Electronics ASA, Advantech US, Zebra Technologies, Metra Blansko, Graphic Label, Inc., Invengo Technology BV, and Checkpoint Systems.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart labels market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
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Regional Segmentations: -
Asia Pacific is anticipated to be the fastest growing smart labels market over the forecast timeframe, owing to the rapid industrialization, low labor costs, and increasing FDI opportunities in the retail sector. The growth is attributed to changing economic conditions, rapid urbanization, increasing per capita income, and flourishing industries in automotive and food & beverages sector.
Browse Full Report @ https://www.gminsights.com/industry-analysis/smart-labels-market
Smart labels market on the basis of technology, are classified into RFID, EAS, Sensing, NFC tags, and dynamic display or electronic shelf. RFID is projected to grow fast during prediction period, owing to its features such as information accuracy, automatic data capture, flexibility to be applied on several substrates, and real-time tracking. RFID systems are highly chosen to maintain synchronized inventory management and supply chain management systems. These are used in variety of industry sector such as automotive and FMCG, due to high traceability. RFID, combined with asset tracking software, can synchronize process of repairs and maintenance for organizations. Dynamic display in the smart labels market will also witness significant growth, owing to its ability to display product information and pricing for accuracy and easy price management.
Smart labels market on the basis of applications segments are equipment, electronic & IT asset, pallet, retail & inventory tracking, security access, perishable goods, smart wrist bands for patient care, and reusable goods. Perishable goods segment is expected to gain traction over the future in the smart labels market. Sensing labels are used in this industry, owing to its ability to track changes in oxygen, temperature, and other environmental factors. These are being widely used in shelf-life monitoring and threshold detection in pharmaceutical and food & beverage industries.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Smart Labels Market size is anticipated to witness growth during the forecast period, owing to the increase in applications in retail, FMCG, healthcare, construction, automotive, and packaging. Growing need for streamlined and automated operations in businesses is expected to foster Smart Labels Market growth.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1571
The technology provides benefits such as simple functioning and reliability. Some other advantages include prevention against counterfeiting and theft protection, which are expected to escalate the smart labels market growth. Companies are increasingly investing to improve anti-theft systems to reduce inventory damage and revenue loss due to theft and shop lifting. Counterfeit is one of the serious issues, which leads to brand deterioration & poor product performance and threatens consumer safety. Increasing focus of the industries to reduce counterfeit problems is anticipated to impact smart labels market demand positively, particularly from manufacturing and automotive sectors.
Top Key Players:-
Players in the smart labels market include Avery Dennison Corporation, CCL Industries Inc., Toshiba Global Commerce Solutions, Inc., Muhlbauer Holding Ag & Co. KGaA., Smartrac N.V., Thin Film Electronics ASA, Advantech US, Zebra Technologies, Metra Blansko, Graphic Label, Inc., Invengo Technology BV, and Checkpoint Systems.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart labels market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Request for customization @ https://www.gminsights.com/roc/1571
Regional Segmentations: -
Asia Pacific is anticipated to be the fastest growing smart labels market over the forecast timeframe, owing to the rapid industrialization, low labor costs, and increasing FDI opportunities in the retail sector. The growth is attributed to changing economic conditions, rapid urbanization, increasing per capita income, and flourishing industries in automotive and food & beverages sector.
Browse Full Report @ https://www.gminsights.com/industry-analysis/smart-labels-market
Smart labels market on the basis of technology, are classified into RFID, EAS, Sensing, NFC tags, and dynamic display or electronic shelf. RFID is projected to grow fast during prediction period, owing to its features such as information accuracy, automatic data capture, flexibility to be applied on several substrates, and real-time tracking. RFID systems are highly chosen to maintain synchronized inventory management and supply chain management systems. These are used in variety of industry sector such as automotive and FMCG, due to high traceability. RFID, combined with asset tracking software, can synchronize process of repairs and maintenance for organizations. Dynamic display in the smart labels market will also witness significant growth, owing to its ability to display product information and pricing for accuracy and easy price management.
Smart labels market on the basis of applications segments are equipment, electronic & IT asset, pallet, retail & inventory tracking, security access, perishable goods, smart wrist bands for patient care, and reusable goods. Perishable goods segment is expected to gain traction over the future in the smart labels market. Sensing labels are used in this industry, owing to its ability to track changes in oxygen, temperature, and other environmental factors. These are being widely used in shelf-life monitoring and threshold detection in pharmaceutical and food & beverage industries.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results