This report focus on Passive RFID Tags market. Passive RFID systems use tags with no internal power source and instead are powered by the electromagnetic energy transmitted from an RFID reader. Passive RFID tags have no internal power source and wait for a signal from an RFID reader. The reader sends energy to an antenna which converts that energy into an RF wave that is sent into the read zone. Once the tag is read within the read zone, the RFID tag’s internal antenna draws in energy from the RF waves. The energy moves from the tag’s antenna to the IC and powers the chip which generates a signal back to the RF system. This is called backscatter. The backscatter, or change in the electromagnetic or RF wave, is detected by the reader (via the antenna), which interprets the information.
Passive RFID tags are used for applications such as access control, file tracking, race timing, supply chain management, smart labels, and more. The lower price point per tag makes employing passive RFID systems economical for many industries.

Market Analysis and Insights: Global Passive RFID Tags Market
The global Passive RFID Tags market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.

Global Passive RFID Tags Scope and Market Size
The global Passive RFID Tags market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Passive RFID Tags market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Inlays
Hard Tags

Segment by Application
Health Care
Retail
Aerospace and Automotive
Maritime
Oil and Gas
Surveillance and Security
Logistics and Supply-chain
Others

The Passive RFID Tags market is analysed and market size information is provided by regions (countries). Segment by Application, the Passive RFID Tags market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Honeywell
GAO RFID Inc.
HID Global Corporation
Impinj, Inc.
Smartrac N.V.
The Tag Factory
Invengo Information Technology
Alien Technology
CoreRFID
InfinIDTech
Skyrfid
Omni-ID
OrangeTags
Dahua Technology
ChuanDa KeHong New Technology
Beijing Tangan
Guangdong Xinye