The fresh industrial research report Global Real-time Location System (RTLS) (Real Time Location Systems) Market Growth (Status and Outlook) 2019-2024 published and promoted by Fior Markets studies industry trends, market gains, Market development aspects, growth speed, and industry situation during the forecast period (2019-2024). The report investigates the market measures, figures, and provincial dimensions. Chapter-wise segregation followed thoughtfully by user senses and businesses details. The latest trends in global and regional market areas along with production, capacity, competitor analysis, profit etc. of the market are further highlighted in the report.
Real-time location system (RTLS) is one of many techniques for detecting the current geographic location of a target, possibly from the vehicle to the manufacturing plant. The use of RTLS products for more and more industries, including supply chain management (SCM), health care, military, retail, entertainment and postal and courier services.
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The top five companies in the RTLS market are Stanley Healthcare, Zebra Technologies, TeleTracking, Ubisense Group and IBM. These companies held a combined RTLS revenue market share of around 36% in 2016. Stanley Healthcare dominated with 11.98 percent revenue share, followed by Zebra Technologies with 7.63 percent revenue share and TeleTracking with 6.19 percent revenue share.
In terms of revenue generation, the healthcare market for Real-Time Location Systems contributes maximum market share and is estimated to be the major revenue pocket for the global RTLS market. However, the future potential market for real-time location-based solutions includes industrial manufacturing such as automotive manufacturing, aerospace manufacturing & others, and process industries such as mining and oil & gas. These two industry verticals are estimated to be the emerging markets with a promising future and tremendous growth rate over the forecasted period from 2017 to 2022.
According to this study, over the next five years the Real-time Location System (RTLS) (Real Time Location Systems) market will register a 25.2% CAGR in terms of revenue, the global market size will reach US$ 7340 million by 2024, from US$ 1900 million in 2019. In particular, this report presents the global revenue market share of key companies in Real-time Location System (RTLS) (Real Time Location Systems) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Real-time Location System (RTLS) (Real Time Location Systems) market by product type, application, key companies and key regions
The players from the Real-time Location System (RTLS) (Real Time Location Systems) market involved in the report are Stanley Healthcare, Ekahau, Zebra Technologies, CenTrak, IBM, Intelleflex, Awarepoint Corporation, Versus Technology, TeleTracking, Ubisense Group, Savi Technology, Identec Solutions, AiRISTA, Sonitor Technologies, Elpas, Axcess International, Essensium, GE Healthcare, TimeDomain, BeSpoon, Intelligent Insites, Mojix, PINC Solutions, Plus Location Systems, Radianse, RF Technologies, ThingMagic, Locaris, SCHMIDT, KINGDOES
The global market report predicts the scope of the market on the basis of key areas like Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)
Market size split up by product type: RFID, Wi-Fi, Infrared, ZigBee, Ultra-Wide Band (UWB), Others (GPS, Bluetooth & Combined)
Market size split up by application: Healthcare, Transportation and Logistics, Industrial Manufacturing, Process Industries, Government and Defense, Retail, Education, Others
The report has outlined a definition, type, macroeconomic policies, sales channel, and industry characteristics. In addition, mechanical advancements, key improvements, inventory network patterns, driving and controlling players, and future methodologies are also highlighted in the report. Side by side, the report also exhaustively delivers information about mergers, acquisitions, joint ventures, and all the other important activities appeared in the market during the current and past few years. Finally, it provides the whole feasibility of upcoming projects and finally adds the research conclusion. In the end, this report shows the present state and visualizes what’s to come.
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