RFID

As forecasted by IDTechEx, there has been a surge in orders for RFID in 2009. Despite the world's largest RFID project, the $6 billion China National ID card scheme, being completed a year earlier, the global RFID market is rising 5% this year to $5.56 billion, in the face of the global financial meltdown which has caused some car production, for example, to plummet by 50%. In many applicational sectors, RFID orders are up 10%.

In these days of environmental consciousness, what are RFID's green credentials? Is RFID a net positive or negative contributor to the campaign to help the planet?

IDTechEx announces the new report RFID Forecasts, Players & Opportunities 2009-2019, which addresses the global RFID situation. Areas of growth, undersupply and oversupply and trends are given based on extensive new primary research. The report provides an unprecedented level of forecasts split in many ways. Here the primary author, Raghu Das, gives a summary of the report findings.

This article shares some of the research carried out for the new IDTechEx report "Energy Harvesting and Storage for Electronic Devices 2009-2019".

Third Generation Active RFID is the Ubiquitous Sensor Network (USN) sometimes known as the Wireless Sensor Network (WSN) and characterized by the tag doubling as a reader and a so-called mesh network being used with a choice of sensors on each tag.

By value, we forecast that in 2009 the value of the RFID market will grow by 23% over 2008, and in 2010 it will grow by 25% over 2009 - not exponential, but still very strong growth.

The IDTechEx Knowledgebase of over 3,500 RFID projects in 109 countries illustrates how this market of over $5 billion is rapidly diversifying.

The US and China vie for the title of the world's largest RFID market, this year seeing them level pegging with $1.3 billion of business, which is looking to quintuple in the next ten years.

One reason why the market for Real Time Locating Systems (RTLS) is growing rapidly to pass the billion dollar mark well within ten years is technology. It is improving rapidly, with new variants for the many new sub sectors of the market that are emerging.

Numerous apparel companies have reported increased sales of up to 20% using RFID to monitor shelf stock levels. It is now emerging as the first major application of RFID in retail, with a strong business case. In 2008, IDTechEx research finds that 38% of the money spent on RFID in retail is specifically for apparel tagging. Here Dr Peter Harrop, Chairman of research firm IDTechEx, summarises the findings from the new IDTechEx report RFID in Apparel 2008-2018.