Printed RFID Could Achieve Accepted Commercial Use by 2010, Says NanoMarkets Report

Logistics Insight Asia - Technology & Market Trends, 24/3/2008

According to a new NanoMarkets report, radio frequency identification (RFID) can achieve a functionality that would make it possible to be used for simple inventory management and logistics management by 2010.

According to NanoMarkets analysts, the capabilities of RFID, an identification method that relies on storing and remotely retrieving data using devices called RFID tags, are likely to increase steadily in the next two years. Utilizing printing technology to manufacture RFIDs could make the devices more competitive with traditional bar code technology currently used for inventory management and pricing at retailers. The recent NanoMarkets report also points out additional markets for RFID, including food security, pharmaceutical packaging and courier service tracking. It projects that the market for printed RFID devices will reach $3.6 billion by 2015.

About the Report

Radio frequency identification (RFID) promises a major new revolution in information technology. It can bring enhanced productivity to supply chain management, inventory control, package tracking and a host of other business functions. However, to be widely deployed, RFID tags must be manufactured at exceptionally low cost. Printed electronics offers a way to achieve this goal. Printable Electronics Outlook: Printed RFID reviews the market for printed RFID; both complete tags and antennas. It examines the potential of the latest developments in RFID, including the performance of the first commercial 13 MHz tags to hit the market; research on printed UHF tags; and the impact of printed silicon electronics on the manufacture of RFID tags. It also profiles the activities of 11 organizations involved with the development and manufacture of printed RFID products and provides both an update on the exciting new developments in this field and an eight-year forecast of revenues from the printed RFID sector in volume and value terms.

For more information on the report, contact Suzanne Moore, Marketing & Sales Support Manager, at suzanne@nanomarkets.net

NanoMarkets, LC, www.nanomarkets.net