It is Predicted This Year That 1.3 Billion RFID Tags Will Be Sold, but This Number is Expected to Grow Rapidly over the Next Ten Years.
DIBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c31383 ) has announced the addition of RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. Forecasts, Players & Opportunities 2006 - 2016 to their offering.
This essential report analyses the rapidly growing and diversifying market for Radio Frequency Identification See RFID. (RFID) with detailed ten year forecasts. Cumulative sales of RFID tags for sixty years until the beginning of 2006 total 2.4 billion, with 600 million tags being sold in 2005 alone. In 2006, we expect 1.3 billion tags to be sold, with 500million RFID smart labels See RFID tag. for pallet and case level tagging but the majority into a range of diverse markets from baggage and passports to contactless payment Contactless payment systems are credit cards, key fobs, or other devices which use RFID for making secure payments. The built in chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. cards and drugs.
In the short term large "closed loop" markets requiring high value RFID will remain very profitable and companies will seek to position themselves as the leader in hardware and integration in different vertical market segments. Challenges with tag yield versus cost, frequency acceptance, specification creep and required performance levels are some of the key issues that are being resolved to grow the RFID market exponentially over coming years to be almost ten times the size in 2016 that it will be in 2006. At 2016, we see the value of the total market including systems and services to rocket to $26.23Bn from $2.71Bn in 2006. This includes many new markets that are being created, such as the market for Real Time Location Systems using active RFID, which will itself be more than $6Bn in 2016.
Such growth will be driven by the tagging of high volume items - notably consumer goods consumer goods
Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , drugs and postal packages - at the request of retailers, military forces and postal authorities and for legal reasons. In these cases, the primary benefits sought will be broader and include cost, increased sales, improved safety, reduced crime and improved customer service.
2006 RFID trends
Many companies are focusing on profitable value added Value Added
The enhancement a company gives its product or service before offering the product to customers.
This can either increase the products price or value. 'niche' markets, which ultimatey are billion dollar billion tag opportunities. We also see more acknowledgement of different frequencies and increased interest and more development on HF (13.56MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. ) tags and systems.
Market Analysis by a huge number of parameters
Using new, unique information researched globally by our technical experts, we analyse the RFID market in many different ways, with over 120 tables and figures. They include detailed ten year projections for EPC (1) (Entertainment PC) See HTPC.
(2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). vs non-EPC, high value niche markets, active vs passive, readers, markets by frequency, markets by geographical region, label vs non label, chip vs chipless, markets by application, tag format and tag location. Cumulative sales of RFID is analyzed as are the major players and unmet opportunities. It covers the emergence of new products, legal and demand pressures and impediments IMPEDIMENTS, contracts. Legal objections to the making of a contract. Impediments which relate to the person are those of minority, want of reason, coverture, and the like; they are sometimes called disabilities. Vide Incapacity.
2. for the years to come.
Highly profitable 'niche' markets analyzed
Major players now and in future in the various parts of the value chain are identified and the big orders and milestones now and in future are analysed, such as the rollout of the $6 billion national ID card system in China. Of course, not everyone will want to serve the severely price constrained, highest volume markets. For them, we examine many niches of at least one billion dollars potential that are emerging and many smaller opportunities where there is even less competition. They include:
--Passports in the face of new terrorism resulting in new laws New Laws: see Las Casas, Bartolomé de.
--Livestock and food traceability in the face of new laws, bioterrorism, avian flu avian flu: see influenza. , BSE See Bombay Stock Exchange.
See Boston Stock Exchange (BSE). , fraud with subsidies etc.
--Intermodal containers (Smart and Secure Tradelanes and other initiatives)
--Those in prison and on parole
--Ubiquitous Sensor Networks USN, for warning of natural disasters, military and other purposes
Topics Covered EXECUTIVE SUMMARY AND CONCLUSIONS 1. INTRODUCTION 2. MARKET FOR EPC RFID 3. MARKETS BY COUNTRY 4. MARKETS FOR PASSIVE RFID 5. MARKETS FOR ACTIVE RFID 6. MARKET FOR RFID INTERROGATORS 7. MARKET VALUE BY POSITION IN VALUE CHAIN: INTERROGATORS, SOFTWARE, SERVICES ETC 8. MARKETS BY LOCATION OF TAG - ITEM, PALLET / CASE, ETC 9. MARKET BY APPLICATIONAL SECTOR 10. MARKETS BY FREQUENCY 11. LARGEST ORDERS, PRODUCTS, PLAYERS AND OVERSUPPLY/ UNDERSUPPLY: MILESTONES IN FUTURE APPENDIX 1: EPCGLOBAL AND THE INTERNET OF THINGS APPENDIX 2: GLOSSARY TABLES FIGURES
For more information visit http://www.researchandmarkets.com/reports/c31383