Recently, the International Internet of Things Trade and Application Promotion Association (International Association for the Promotion of Things, IIPA) released the "2013-2017 China RFID Industry Research Report" (hereinafter referred to as the report). According to the report, although the UHF RFID market has not progressed as expected, between 2010 and 2012, the UHF RFID market in China expanded rapidly with an average annual compound growth rate of 78%. IIPA predicts that 2017 will become a watershed for UHF RFID to surpass the high frequency market share.
Market share reached 18.9% in 2012
According to IIPA's market research results, the UHF market share changed the most from 2010 to 2012, rising from 9.7% in 2010 to 18.9% in 2012, and the growth was significantly faster than products in other frequency bands. According to IIPA analysis, the power of UHF is mainly due to the reduction of product prices and the continuous expansion of application areas. The advantages of UHF RFID determine the continuous expansion of its application fields. Everyone knows that UHF RFID has the ability to read multiple tags at one time, long recognition distance, fast data transmission speed, high reliability, long life, and endurance. The harsh outdoor environment and other characteristics have won the attention of countries all over the world and the favor of large European and American companies.
According to IIPA analysis, the application field of UHF long-distance automatic identification technology has gradually expanded to various fields of the national economy such as modern logistics, e-commerce, traffic management, e-government and military management.
The compound growth rate between 2013 and 2017 will exceed 48%
RFID UHF products are being used more and more widely with their own advantages. The compound growth rate of UHF products in 2013-2017 is expected to be 48%: IIPA predicts that UHF RFID products will be in 2013-2015 The annual compound growth rate is predicted to be 52%, and the compound growth rate from 2016 to 2017 is 42%. According to IIPA analysis, through the observation of the predictive model, 2017 will become a watershed in China's UHF RFID market. The UHF market share will be close to high frequency in that year and will be surpassed during the period.
According to IIPA analysis, the future development of China’s UHF RFID market will mainly benefit from asset management, production line management, logistics container management, supply chain management, warehousing, libraries, anti-counterfeiting traceability of various items (such as tobacco, alcohol, medicine, etc.) ), retail, vehicle management, electronic tickets and other industries or fields will gradually gain wider applications.