In a study released today by Dr. Peter Harrop, he reported on trends emerging from the 2,000 RFID cases now in the IDTechEx RFID Knowledgebase. The database is said to be the world’s largest searchable archive of RFID activity. Most of the case studies are in pallet/case tagging, primarily because of major retailer demand for RFID on products from consumer goods companies.
However, item level tagging is now responsible for almost as many case studies and - apart from Type 2 drugs for certain Wal-Mart locations - these are sold to customers that specifically request them. Unit prices are somewhat higher but these customers, Harrop said, see a strong payback in RFID. The applications are predominantly in pharmaceutical and aircraft manufacturing and libraries.
There are almost as many card, payment key fob and passport case studies. "Cards and passport RFID command at least ten times the unit price of pallet/case tags and suppliers are generally making money," Harrop reported.
For a little longer, Harrop said, RFID will remain basically a card business by value of tags and systems, with many new case studies in financial, access and other cards being added as the world’s credit, debit, account and identification cards move to RFID.
"Next in order from the top three is vehicle tagging, again lucrative, with high prices for the tags and, more important in this case, the systems." Harrop reported.
Harrop reported that, far from being a story of pallet and case tagging just in the U.S., Electronic Product Code (EPC) is being used in RFID labels in Colombia, Brazil, the Netherlands and Japan. Penetration is rapid and global and Harrop said there is potential for EPC to be used in at least one-third of the future RFID market by value.
RFID Is Spreading Geographically
IDTechEx found RFID activity in 76 countries, up from 49 countries as reported 18 months ago when the database contained 1,000 case studies.
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