|By PR Newswire||
|September 22, 2016 06:40 PM EDT|
LONDON, Sept. 22, 2016 /PRNewswire/ -- This report provides quantitative analysis and unprecedented level of insight into China's RFID industry, analyzing the market by application, region, frequency band and value chain. The report develops a ten-year segmented market forecast. It also provides detailed profiles of 28 listed companies in addition to a further summary of 110 other Chinese RFID players. By 2025 the total RFID market in China will reach US$4.3 billion.This report provides a complete view of the RFID suppliers, value chain, applications and trends in China. It looks not only at the RFID manufacturing base in China, but also the applications of RFID in China, providing ten year forecasts by 13 application categories. IDTechEx has studied the RFID market globally for 15 years and this research builds on that knowledge in addition to new research carried out in Chain by IDTechEx analyst Dr Xiaoxi He. Over 150 RFID companies have been identified.
China already has 85% of the world's RFID manufacturing capacity, being a major exporter of tags. In addition, the second generation National Identification Card project in China is the largest RFID order by value and China is delivering it by using Chinese-only resources almost exclusively. Thanks to strong support by the government, China has used RFID widely on applications ranging from library assets to train tickets, and as China becomes a leader in manufacturing in most segments - from cars to planes - it will fuel increasing demand for RFID in manufacturing and many other industries.
As RFID is increasingly being deployed around the world (IDTechEx expect that over 8.5 billion tags will be sold globally in 2015 versus 7 billion in 2014), suppliers are in the process of shaving off fractions of a cent from each inlay, particularly for passive UHF. That means picking up and moving manufacturing base to China in some cases. There have also been other, relatively new entrants that by strong investment (including acquisition) have gained a relatively high market share from nothing in a few years, examples being Arizon RFID and Shangyang, to name a few.
Without doubt there is rapid progress with RFID in China and this report uniquely provides quantitative data and analysis of RFID technology, market and players in the country. Our analysis is based on face-to-face and telephone interviews with RFID companies and solution providers in various RFID markets, giving detailed information and an unprecedented level of insight into China's RFID industry.
Ten year forecasts of RFID in China
IDTechEx finds that the total RFID market in China was $1.7 billion in 2014, covering chips, tags (including cards, fobs, labels and all other form factors), readers, software/services and system integration. Our forecasts exclude other Internet of Things technologies such as sensor networks or wireless telecommunications. It also excludes the non-RFID business of RFID companies. This figure is expected to rise to $4.3 billion by 2025.
The value of RFID tags is $430 million in 2014, taking about 25% of the total RFID market. IDTechEx expects that to reach $952 million in 2025.
Analysis by many parameters, including 150 organizations
Like many other countries, RFID industry in China is mainly led and supported by the government. Government policies play an important role in the RFID industrial development. This report gives a detailed analysis of the current market status, value chain and how both the government and market-oriented players will influence the business. The analysis is done based on application sectors, value chain position, frequency band (LF, HF, UHF and MWF) and different regions in China.
Ten year forecasts are provided for RFID in the following sectors:
- Airlines and Airports
- Books, Libraries, Archiving
- Financial, Security and Safety
- Food Safety, Animal & Agriculture and Anti-Counterfeiting
- Healthcare and Medical
- Land, Sea Logistics, Postal
- Leisure, Sports and Travel
- Manufacturing, Industry and Management
- Retail, Consumer Goods
- Transportation and Automotive
More than 150 companies are categorised by value chain positions and specialised frequencies. Profiles of 28 listed companies and 110 other players are provided as well.
Download the full report: https://www.reportbuyer.com/product/3908942/
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/rfid-in-china-2015-2025-forecasts-players-opportunities--data-and-analysis-of-the-technologies-markets-and-value-chain-300333020.html
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