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    Features

    The RFID Market Continues to Expand

    RFID is making gains in key markets, including retail and apparel, and flexible and printed electronics have a role to play.

    The RFID Market  Continues to Expand
    Avery Dennison Jeans WaterDropTag (Photo courtesy of Avery Dennison)
    David Savastano, Editor11.09.15
    For many years, the radio frequency identification (RFID) business has been expected to break out, with thoughts that tags could appear on virtually every product. While those overly optimistic expectations have never been met, there is no denying that the RFID business is a success story.

    Raghu Das, CEO of IDTechEx, a leading research firm, estimated the RFID market at nearly $10 billion and growing. “It is growing very robustly, and there is a good degree of deserved confidence and excitement,” Das noted. “In 2014, the entire RFID market is $9.45 billion, rising to $10.1 billion in 2015.”

    RAIN is the term for passive UHF tags, the leading type of RFID system. Steve Halliday, president, RAIN RFID, the industry’s association, noted that Chainlink Research has estimated that approximately 6.5 billion UHF RFID chips will be sold in 2015, and believes that retail RFID tag consumption should grow at approximately 34% over the next three years.

    In addition, Chainlink Research reports that the industry as a whole will exceed 10 billion UHF

    Continue reading this story and get 24/7 access to Printed Electronics Now for FREE


    Stay ahead of the fast growing field of flexible and printed electronics, an emerging industry that promises to revolutionize the methods in which electronic components and systems are manufactured. Flexible and printed electronics covers smart packaging and labels, sensors and wearables, solar cells, displays and lighting, batteries, medical devices, military equipment, and much more.

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