Global RTLS for Industrial Applications Market 2016-2020
Global RTLS for Industrial Applications Market 2016-2020 is the latest addition to Sandlerresearch.org industry research reports collection. 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. The analysts forecast Global RTLS for Industrial Applications Market to grow at a CAGR of 31.14% during the period 2016-2020. Covered in this Report This report covers the present scenario and the growth prospects of the global RTLS for Industrial Applications market for 2016-2020. Inquire for more information @ http://www.sandlerresearch.org/inquire-beforebuying?rname=56761 Key regions
Americas APAC EMEA
Key vendors
AeroScout Awarepoint Ekahau Essensium HP PINC Solutions Schmidt Ubisense Zebra Technologies View Technologies
Purchase a Copy of the Report @ http://www.sandlerresearch.org/purchase?rname=56761 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?
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