UHF RFID will become the mainstream of the market in the future

Recently, the International Association for the Promotion and Promotion of Internet of Things (hereinafter referred to as the International Association for the Promotion of Trade and Industry (IIPA)) released the 2013-2017 China RFID Industry Research Report (hereinafter referred to as the report). The report stated that although the UHF RFID market is not as fast as expected, during the period of 2010-2012, the UHF RFID market in China is rapidly expanding at an annual compound rate of 78%. IIPA predicts that 2017 will be the watershed for UHF RFID over high-frequency market share.

Market share has reached 18.9% in 2012

According to the market research results of IIPA, the share of UHF market share in 2010-2012 changed the most, from 9.7% in 2010 to 18.9% in 2012, and the growth rate was significantly faster than those of other frequency bands. According to IIPA analysis, UHF's power is mainly due to the reduction of product prices and the continuous expansion of applications. The advantages of UHF RFID determine the continuous expansion of its application fields. Everyone knows that UHF RFID can read multiple tags at one time, identify distances, transmit data at high speed, high reliability and long life, and tolerance. The harsh outdoor environment and other characteristics have won the attention of all countries in the world and the favor of large European and American companies.

IIPA analysis shows that the UHF long-distance automatic identification technology has gradually expanded its application to various fields such as modern logistics, e-commerce, traffic management, e-government, and military management.

In China, the large-scale application of UHF is still in its infancy. At present, it is really engaged in the development of RFID UHF core technology. There are not many companies with independent intellectual property rights, and it is a weak link in China's RFID industry. However, with the rapid economic development and the promotion of the use of information technology to improve the efficiency and quality of the entire society, the government has increased its support for the RFID industry, especially UHF, and the UHF RFID prices have been declining year by year. UHF applications It is in a period of rapid development.

Compound growth rate will exceed 48% between 2013-2017

Although in the past three years, the compound growth rate of the UHF RFID market in China reached 78%, but after entering 2013, the Chinese RFID industry in the adjustment period no longer has a high growth rate of more than 30%. At the same time, due to the market size The base is gradually expanding, which will make the UHF market's development speed will decrease year by year.

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 available in 2013-2015. The compound annual growth rate is predicted to be 52% during the year, and the compound annual growth rate is expected to be 42% during 2016-2017; the high-frequency RFID product is expected to have a CAGR of 17.5% between 2013 and 2015, and the CAGR of 2016-2017 is expected to be 20%. .

IIPA analysis, through the observation of the forecasting model, will become a watershed for the UHF RFID market in China in 2017. The UHF market share will be close to the high frequency in that year, and will surpass it during this period.

According to IIPA analysis, the development of the UHF RFID market in China in the future will benefit mainly from asset management, production line management, logistics container management, supply chain management, warehousing, libraries, and anti-counterfeit traceability of various types of goods (eg, tobacco, alcohol, medicine, etc.). ), retail, vehicle management, e-tickets and other industries or areas will gradually obtain wider application.

It is worth noting that, under the fast-growing market expectations, there are certain constraints in the UHF RFID market in China. In the past two years, the price of ultra-high frequency electronic tags has dropped rapidly, but UHF RFID systems are still priced high in terms of overall costs including RFID chips and readers, electronic tags, middleware, and system maintenance. Cost is an important indicator for the end-user to weigh the project investment returns.

Therefore, the cost bottleneck of UHF systems is an important factor restricting the development of China's UHF market, especially in some markets that are more expected to achieve item-level applications.