RTLS Global Market - Overview
Real-Time Locating Systems add value to all armed forces and defence contractors within the military by using mobile barcode scanners and scaling the Passport system to fit current and future needs, and by providing an efficient system for inventory tasks and lifecycle management. Track inventory items specific to the Army, Navy, Marines, or Air force, such as medication, production parts, and standard medical consumables for military intensive care units. Define inventory items as standard, serialized, batch-lot, serialized with quantity, and non-inventory to meet federal tracking procedures. The mighty systems allow them to securely compile real-time inventory data in order to generate insightful reports and increase overall inventory performance.
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Stanley Healthcare (U.S.), Zebra Technologies Corp. (U.S.), Ubisense Group PLC. (U.K.), IMPINJ, Inc. (U.S.), Savi Technology (U.S.), AiRISTA, LLC (U.S.), CenTrak, Inc. (U.S.), Versus Technology, Inc. (U.S.), Identec Group AG (Liechtenstein), Redpine Signals, Inc. (U.S.)
The Highly competitive RTLS Market is adorned by the several well-established as well as small players. The market appears to be slightly fragmented. The key strategies traced from the analysis of recent developments of the key players include Product or Technology Launch, Agreement & Partnership, Acquisition and expansion. These key players compete based upon pricing, Technology, reputation and services.
Global Real-Time Locating Systems Market is segmented in to 5 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Component: Comprises – Hardware and Software.
Segmentation By Application: Comprises – Personal Tracking, Inventory, Asset Tracking Management and other.
Segmentation By Technology: Comprises - RFID, Wi-Fi, UWB, GPS.
North America is dominating the market of Real-Time Locating Systems due to the presence of global players which offers competitive advantage in this market. The U.S holds largest share of RTLS market in North America followed by Canada and Mexico. RTLS offers wide range of features and companies such as BMW, Aston Martin Lagonda, Airbus, Hewlett Packard, Samsung Electronics and Boeing among others are utilizing RTLS systems in their manufacturing process systems to track various tools.
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LIST OF TABLES
Table 1 Global Real-Time Locating Systems Market, By Components
Table 2 Global Real-Time Locating Systems Market, By Application
Table 3 Global Real-Time Locating Systems Market, By Technology
Table 4 Global Real-Time Locating Systems Market, By Industry
Table 5 Global Real-Time Locating Systems Market, By Regions