Summary

The Europe real-time location systems market was valued at US$ 1,316.67 million in 2022 and is expected to reach US$ 8,762.30 million by 2030; it is estimated to record a CAGR of 26.7% from 2022 to 2030.

Growing E-Commerce Sector Drives Europe Real-Time Location Systems Market

Since the COVID-19 pandemic, there has been a surge in online shopping across the world. E-commerce sales have witnessed a significant growth rate over recent years. According to the International Air Transport Association (IATA), in 2021, 2.14 billion people (i.e., ∼27.6% of the world's population) shopped for products from online portals. In 2021, the country generated ∼ US$ 1.5 trillion in revenue through the e-commerce sector, becoming the largest e-commerce market in the world. Also, Europe is a key region supporting e-commerce growth. According to Eurostat, in 2022, 91% of people aged 16-74 years in the European Union (EU) countries used the internet, of which ∼ 75% ordered goods or services online. Also, the proportion of e-shoppers grew to 75% in 2022 from 55% in 2012, an increase of 20% over the last decade. Many shoppers in Europe prefer online shopping platforms such as Amazon, Target, and Walmart, which majorly drives the growth of the e-commerce sector in Europe. The growing demand for online shopping is pushing companies to make retail cost-efficient and faster, which raises the need to optimize supply chain management and build robust solutions to meet the demands. In the e-commerce sector, the real-time location system helps monitor and locate goods and provides resourceful insights to distribution center operators to make data-driven decisions rather than relying on educated guesses. Thus, the growing e-commerce sector and the increasing need for making data-driven decisions drive the Europe real-time location system market growth.

Europe Real-Time Location Systems Market Overview

The real-time location system market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The region is witnessing significant investments in its oil & gas sector. The North Sea continues to be one of the prime sources for the oil & gas sector in Europe. Currently, there are several projects in the pipeline in the region. In May 2023, Neptune Energy announced that it had started production from its Adorf Z17 natural gas well in Germany. It is expected that the Adorf license will increase Neptune's production by 1,800 boed (barrels of oil equivalent per day) to ~6,300 boed. Thus, due to the growing oil and gas exploration in the region, the need to monitor overall operation at the plant has become necessary to provide alerts at the time of any disaster. Here, RTLS can help track the location of personnel and assets on the floating platforms, refineries, tools and equipment warehouses, and drilling rigs. Also, using sensors, the system helps gather critical data, such as the temperature of LNG pipelines and H2S gas leak detection. Thus, due to the above benefits, the demand for RTLS in the oil & gas industry in Europe is expected to rise during the forecast period.

Along with the oil & gas industry, the demand for RTLS is also expected to increase in manufacturing, automotive, construction, and other industries, as it helps monitor and improve the operations in the above industries. Because of the rising demand for RTLS, the market players in the region are continuously working on advancing their solutions. For instance, in March 2023, Quuppa, a Finland-based technology provider for RTLS and indoor positioning systems, announced its partnership with Panasonic Industry to enable Bluetooth functionality for Logiscend Software 3.0. Under this partnership, Quuppa's system is combined with Panasonic VIEW tags, which will further help eliminate paper and provide real-time instructions to the manufacturing floor. Thus, growing oil & gas industry and increasing innovations by market players in the region are fueling the growth of the Europe real-time location system market in the region.

Moreover, the real-time location systems market growth is driven by the rising demand for medical equipment, increasing competitiveness, and the growing establishment of startups in Europe. In addition, the majority of healthcare startups are attempting to use cutting-edge and novel technologies and services to address the ongoing medical challenges. Many healthcare startups including Mindstep, HealthHero, etc are entering developing markets with their RTLS-related goods and services. They have been providing the current players with intense competition. The market has become more competitive as a result of businesses offering innovative and tailored RTLS solutions for various industries.

Europe Real-Time Location Systems Market Revenue and Forecast to 2030 (US$ Million)

Europe Real-Time Location Systems Market Segmentation

The Europe real-time location systems market is categorized into offering, technology, industry vertical, application, and country.

Based on offering, the Europe real-time location systems market is categorized into hardware, software, and services. The hardware segment held the largest market share in 2022.

By technology, the Europe real-time location systems market is segmented into RFID, UWB, BLE, Ultrasound, Infrared, GPS, Wi-Fi, and ZIGBEE. The BLE segment held the largest market share in 2022.

In terms of industry vertical, the Europe real-time location systems market is categorized into retail, government and defense, manufacturing, healthcare, logistics, heavy industries, construction, oil and gas, automotive, and others. The healthcare segment held the largest market share in 2022.

In terms of application, the Europe real-time location systems market is segmented into personnel/staff locating and monitoring, environmental monitoring, access control and security, warehouse management and monitoring, supply chain management and operational automation/visibility, and others. The supply chain management and operational automation/visibility management segment held the largest market share in 2022.

By country, the Europe real-time location systems market is segmented into Germany, France, Italy, Spain, the UK, Sweden, Belgium, Netherlands, and the Rest of Europe. Germany dominated the Europe real-time location systems market share in 2022.

Aruba Networks, Qorvo Inc, Impinj Inc, Siemens AG, Zebra Technologies Corp, Sonitor Technologies AS, Stanley Black & Decker Inc, TeleTracking Technologies Inc, and Ubisense Ltd are some of the leading companies operating in the Europe real-time location systems market.

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Table of Contents

TABLE OF CONTENTS

1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Real-Time Location Systems Market Landscape
4.1 Overview
4.1.1 Europe
4.2 Ecosystem Analysis
4.3 Premium Insights
4.3.1 Analysis on Market Players in Manufacturing Industry
5. Europe Real-Time Location Systems Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Connected Devices
5.1.2 Growing E-Commerce Sector
5.1.3 Rising Safety and Security Concerns of Patients and Staff
5.2 Key Market Restraints
5.2.1 Rising Concerns Regarding Data Privacy and Security
5.3 Key Market Opportunities
5.3.1 Emergence of 5G
5.3.2 Technological Advancements Associated with RFID
5.4 Future Trends
5.4.1 Growing Use of RTLS in Healthcare Sector
5.5 Impact Analysis of Drivers and Restraints
6. Real-Time Location Systems Market – Europe Market Analysis
6.1 Real-Time Location Systems Market –Revenue and Forecast to 2030 (US$ Million)
7. Europe Real-Time Location Systems Market Analysis – by Offering
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Software
7.2.1 Overview
7.2.2 Software: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8. Europe Real-Time Location Systems Market Analysis – by Technology
8.1 RFID
8.1.1 Overview
8.1.2 RFID: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.2 UWB
8.2.1 Overview
8.2.2 UWB: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.3 BLE
8.3.1 Overview
8.3.2 BLE: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Ultrasound
8.4.1 Overview
8.4.2 Ultrasound: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Infrared
8.5.1 Overview
8.5.2 Infrared: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.6 GPS
8.6.1 Overview
8.6.2 GPS: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Wi-Fi
8.7.1 Overview
8.7.2 Wi-Fi: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
8.8 ZIGBEE
8.8.1 Overview
8.8.2 ZIGBEE: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9. Europe Real-Time Location Systems Market Analysis – by Industry Vertical
9.1 Retail
9.1.1 Overview
9.1.2 Retail: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Government and Defense
9.2.1 Overview
9.2.2 Government and Defense: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Manufacturing
9.3.1 Overview
9.3.2 Manufacturing: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Logistics
9.5.1 Overview
9.5.2 Logistics: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Heavy Industries
9.6.1 Overview
9.6.2 Heavy Industries: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Construction
9.7.1 Overview
9.7.2 Construction: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.8 Oil and Gas
9.8.1 Overview
9.8.2 Oil and Gas: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.9 Automotive
9.9.1 Overview
9.9.2 Automotive: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
9.10 Others
9.10.1 Overview
9.10.2 Others: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
10. Europe Real-Time Location Systems Market Analysis – by Application
10.1 Personnel/Staff Locating and Monitoring
10.1.1 Overview
10.1.2 Personnel/Staff Locating and Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
10.2 Environmental Monitoring
10.2.1 Overview
10.2.2 Environmental Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
10.3 Access Control and Security
10.3.1 Overview
10.3.2 Access Control and Security: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
10.4 Warehouse Management and Monitoring
10.4.1 Overview
10.4.2 Warehouse Management and Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
10.5 Supply Chain Management and Operational Automation/Visibility
10.5.1 Overview
10.5.2 Supply Chain Management and Operational Automation/Visibility: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11. Europe Real-Time Location Systems Market – Country Analysis
11.1 Europe Market Overview
11.1.1 Europe: Real-Time Location Systems Market – Revenue and Forecast Analysis – by Country
11.1.1.1 Europe: Real-Time Location Systems Market – Revenue and Forecast Analysis – by Country
11.1.1.2 Germany: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.2.1 Germany: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.2.2 Germany: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.2.3 Germany: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.2.4 Germany: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.2.5 Germany: Real-Time Location Systems Market Breakdown, by Application
11.1.1.3 France: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.3.1 France: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.3.2 France: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.3.3 France: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.3.4 France: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.3.5 France: Real-Time Location Systems Market Breakdown, by Application
11.1.1.4 Italy: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.4.1 Italy: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.4.2 Italy: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.4.3 Italy: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.4.4 Italy: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.4.5 Italy: Real-Time Location Systems Market Breakdown, by Application
11.1.1.5 Spain: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.5.1 Spain: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.5.2 Spain: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.5.3 Spain: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.5.4 Spain: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.5.5 Spain: Real-Time Location Systems Market Breakdown, by Application
11.1.1.6 United Kingdom: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.6.1 United Kingdom: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.6.2 United Kingdom: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.6.3 United Kingdom: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.6.4 United Kingdom: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.6.5 United Kingdom: Real-Time Location Systems Market Breakdown, by Application
11.1.1.7 Sweden: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.7.1 Sweden: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.7.2 Sweden: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.7.3 Sweden: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.7.4 Sweden: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.7.5 Sweden: Real-Time Location Systems Market Breakdown, by Application
11.1.1.8 Belgium: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.8.1 Belgium: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.8.2 Belgium: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.8.3 Belgium: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.8.4 Belgium: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.8.5 Belgium: Real-Time Location Systems Market Breakdown, by Application
11.1.1.9 Netherlands: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.9.1 Netherlands: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.9.2 Netherlands: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.9.3 Netherlands: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.9.4 Netherlands: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.9.5 Netherlands: Real-Time Location Systems Market Breakdown, by Application
11.1.1.10 Rest of Europe: Real-Time Location Systems Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.10.1 Rest of Europe: Real-Time Location Systems Market Breakdown, by Offering
11.1.1.10.2 Rest of Europe: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.10.3 Rest of Europe: Real-Time Location Systems Market Breakdown, by Technology
11.1.1.10.4 Rest of Europe: Real-Time Location Systems Market Breakdown, by Industry Vertical
11.1.1.10.5 Rest of Europe: Real-Time Location Systems Market Breakdown, by Application
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Aruba Networks
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Qorvo Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Impinj Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Siemens AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Zebra Technologies Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sonitor Technologies AS
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Stanley Black & Decker Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 TeleTracking Technologies Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Ubisense Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index