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Chipless RFID Tags Market - Demand of RFID tags in Supply Chain Drives Industry!

Chipless RFID Tags Market  

With the introduction of radio-frequency identification (RFID) technology as a contactless identification technique, more consideration has been drawn towards the application of RFID in a variety of commercial areas such as access management, contactless payment, toll collection, tracking of goods and animals and so on. The RFID tags used earlier were integrated with chips which further increases the total cost of the tagged items. Therefore, there has been demand of low cost RFID tags that can be widely used without adding total cost in the tagged products. 
Several manufacturers came with low cost Chipless RFID tags that seems to be the ideal solution to address this concern. RFID tags without a silicon IC/microchip/RFID Tag IC are called Chipless RFID tags or RF fibers. These tags are made up of plastic or conductive polymers instead of silicon-based ICs. These tags are referred as passive RFID tags and these relies on electromagnetic power obtained from the RFID reader antenna. The tag reflects back a part of the reader's signal with the stored identification data back to the reader. The reflected signal usually has some sort of unique fingerprint that enables the reader to identify the tag and the transmitted data.
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Chipless RFID Tags Market – Competitive Landscape
  • In January 2019, Vubiq Networks has completed the development of a hardware/software millimeter wave hyperimaging system. This system will able to code and decode chipless RFID tags with an order of magnitude higher bit density as compared to existing solutions. This further reduces the cost of the tags to less than one cent per tag.
Alien Technology Corporation
Founded in 1994, Alien Technology Corporation is headquartered in San Jose, California. The American technology company is involved in the designing and manufacturing of radio frequency identification (RFID) and ultra-high frequency (UHF) products and services. It offers wide range of RFID transceiver tags, chips, labels and readers for item tagging, retail/apparel, transportation, life sciences, and other applications.
Zebra Technologies Corporation
Zebra Technologies Corporation is a leading Automatic Identification and Data Capture (“AIDC”) Company. The AIDC market consists of mobile computing, data capture, radio frequency identification devices (“RFID”), barcode printing, and other automation products and services. The company designs, manufactures, and sells a broad range of AIDC products, including: mobile computers, barcode scanners, RFID readers, specialty printers for barcode labeling and personal identification, real-time location systems (“RTLS”), related accessories and supplies, such as self-adhesive labels and other consumables, and software utilities and applications.
Some of the significant players in the chipless RFID tags market are Kovio, Inc., InkSure Technologies, Inc., Toppan Printing Co., Ltd., PolyIC GmbH & Co. KG, Vubiq, Inc. and among others.
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Chipless RFID Tags Market - Dynamics
Demand of low cost RFID solutions
The rising demand of RFID tags in supply chain for storing information on the tag attached to any object and it builds up a tracking system that use smart barcodes to recognize products is already driving the RFID market. Furthermore, the growing chipless tag technology is witnessed more acceptance owing to its ability to offer functions similar to that of RFID at a relatively lower cost. The technology also holds huge potential due to its ability to offer RFID features such as track and trace, without the need for real-time and line-of-sight technology.
Lack of standards for chipless RFID
Although with the huge potential, chipless RFID tags faces significant limitations and further it is expected to hamper the growth of the market. At present more than 20 different types of chipless tags operating and based on varying principles. Lack of standards to govern this technology is expected to restrict the growth of the market. Moreover, limited memory storage capacity for chipless RFID tags is expected to pose roadblock towards the growth of the market during forecast period.
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