RTLS is used to track asset, person, or any object in real-time basis. RTLS employs radio frequency identification (RFID) technology for communication, but some systems use optical (based on infrared waves) or acoustic (based on ultra sound) technology, either combined or separately. RTLS involves two components: Tags: These are hardware components attached to the object that has to be tracked. Readers: These are a combination of both hardware and software used to monitor signals emitting from the tag and determine the location of the object to which it has been attached. RTLS uses inexpensive radio tags and a cellular reader system to detect the presence and location of the containers. RTLS helps track assets within a smaller geographical area. RTLS provides passive or active information about the location of objects and generally tracks assets in confined areas where the required location points are covered with wireless nodes. RTLS enables transportation, healthcare, retail, and government organizations to monitor and track assets and resources more effectively. This helps in the optimal utilization of assets, streamlining of operations, and improvement of productivity. This ultimately enables enterprises to enhance their work processes. RTLS mainly uses technologies such as RFID, UWB, and Wi-Fi to locate objects. Technavio’s analysts forecast the global RTLS for industrial applications market to grow at a CAGR of 31.14% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global RTLS for industrial applications market for 2016-2020. To calculate the market size, the report considers the revenue generated from from both licensing of software as well as shipment of RTLS hardware. The market is divided into the following segments based on geography: - Americas - APAC - EMEA Technavio's report, Global RTLS for Industrial Applications Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors - AeroScout - Awarepoint - Ekahau - Essensium - HP - PINC Solutions - Schmidt - Ubisense - Zebra Technologies - View Technologies Market driver - Adoption of RTLS for ease of inventory management - For a full, detailed list, view our report Market challenge - Safety and security concerns - For a full, detailed list, view our report Market trend - Growing popularity of smart factories - For a full, detailed list, view our report Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
Table of Content PART 01: Executive summary Highlights PART 02: Scope of the report Market overview PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights Difference between RFID and RTLS technologies PART 05: Location-based services ecosystem PART 06: Market landscape Market overview Market size and forecast Five forces analysis PART 07: Market segmentation by technology Segmentation of global RTLS for industrial applications market by technology Systems Tags PART 08: Geographical segmentation Segmentation of global RTLS for industrial applications market by geography Americas EMEA APAC PART 09: Market drivers Adoption of RTLS for ease of inventory management Error reduction in data entry Declining prices of RFID tags PART 10: Impact of drivers PART 11: Market challenges Safety and security concerns High implementation cost Low quality of wireless networks Lack of well-defined RTLS technology standards PART 12: Impact of drivers and challenges PART 13: Market trends Growing popularity of smart factories Rising adoption of UWB RTLS technology Emergence of UWB and ZigBee technologies PART 14: Vendor landscape Competitive scenario Vendor analysis PART 15: Appendix List of abbreviations PART 16: Explore Technavio
List of Exhibit Exhibit 01: Standard currency conversion rates Exhibit 02: Comparison of different wireless technologies Exhibit 03: Comparison of AoA, TDOA, and RSSI Exhibit 04: Comparison of active and passive RFID Exhibit 05: Passive RFID tags work at low, high, and ultra-high frequencies. Exhibit 06: Market summary Exhibit 07: Differences between indoor and outdoor LBS Exhibit 08: LBS value chain Exhibit 09: LBS applications Exhibit 10: Global RTLS for industrial applications Exhibit 11: Global RTLS for industrial applications market by end-users 2015 Exhibit 12: RTLS deployment by vertical market (except industrial) Exhibit 13: Global RTLS for industrial applications 2015-2020 ($ millions) Exhibit 14: Common RTLS applications Exhibit 15: Industry-specific RTLS applications Exhibit 16: Application-wise RTLS process automation and value addition Exhibit 17: Five forces analysis Exhibit 18: Global RTLS for industrial applications market by technology 2015 Exhibit 19: Global RTLS for industrial applications market by technology 2015 ($ millions) Exhibit 20: Global RTLS for industrial applications market by geography 2015-2020 Exhibit 21: Global RTLS for industrial applications market by geography 2015-2020 ($ millions) Exhibit 22: RTLS for industrial applications market for Americas 2015-2020 ($ millions) Exhibit 23: RTLS market for industrial applications for EMEA 2015-2020 ($ millions) Exhibit 24: RTLS for industrial applications for APAC 2015-2020 ($ millions) Exhibit 25: CAGR comparison of RTLS for industrial applications market Exhibit 26: Impact of drivers Exhibit 27: Impact of drivers and challenges Exhibit 28: List of vendors Exhibit 29: AeroScout: Products and services Exhibit 30: Ekahau: Product offerings
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