© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Smart Labels Market Analysis to 2024 and Forecasts : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific is anticipated to be the fastest growing smart labels market over the forecast timeframe, owing to the rapid industrialization, low labor costs, and increasing FDI opportunities in the retail sector.  The growth is attributed to changing economic conditions, rapid urbanization, increasing per capita income, and flourishing industries in automotive and food & beverages sector. Regional Analysis of Smart Labels Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Smart labels market on the basis of applications segments are equipment, electronic & IT asset, pallet, retail & inventory tracking, security access, perishable goods, smart wrist bands for patient care, and reusable goods.  Perishable goods segment is expected to gain traction over the future in the smart labels market. Sensing labels are used in this industry, owing to its ability to track changes in oxygen, temperature, and other environmental factors.  These are being widely used in shelf-life monitoring and threshold detection in pharmaceutical and food & beverage industries. Application Analysis of Smart Labels Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Players in the smart labels market include Avery Dennison Corporation, CCL Industries Inc., Toshiba Global Commerce Solutions, Inc., Muhlbauer Holding Ag & Co. KGaA., Smartrac N.V., Thin Film Electronics ASA, Advantech US, Zebra Technologies, Metra Blansko, Graphic Label, Inc., Invengo Technology BV, and Checkpoint Systems.  Smart labels market players are increasingly focusing on improving product portfolio and production capacity expansion. For instance, Checkpoint Systems launched 16 new products from 2011 to 2016 and signed partnerships and agreements with regional players to expand their business operations. Smartrac N.V. launched 10 new products to increase their customer base and expand product portfolio. As expansion strategy, the company also signed agreements with companies in six different countries including South Korea, US, and Argentina. Major manufacturers are investing in R&D to come up with application- specific products. Competitive Market Share of Smart Labels Market:

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