In retail, RFID is seeing rapid growth for apparel tagging - that application alone demands 3 billion RFID labels in 2014 - which still has some way to go with RFID penetrating about 7% of the total addressable market for apparel in 2014.
RFID in the form of tickets used for transit will demand 700 million tags in 2014. The tagging of animals (such as pigs, sheep and pets) is now substantial as it becomes a legal requirement in many more territories, with 425 million tags being used for this sector in 2014. This is happening in regions such as China and Australasia.
In total, 7.1 billion tags will be sold in 2014 versus 5.9 billion last year. Most of that growth is from passive UHF RFID labels, with UHF tag sales overtaking HF and LF tag sales by volume in 2012. However, in 2013 UHF tag sales by value will only be 11% of the value of HF tag sales.
After extensive interviews with suppliers, IDTechEx find that there are now emerging or established leaders in most positions of the value chain across the different technologies - yet still very few companies have sales of more than $100 million. This research was conducted for the report RFID Forecasts, Players and Opportunities 2014-2024, which provides the key data and analysis in all the main applications, giving an unprecedented level of insight into the total RFID industry and what is really happening.
More info: www.IDTechEx.com