• Tyler Hvass posted an update 1 month, 1 week ago

    In recent years, with the rise of the Internet of Things market, the application of RFID in the Internet of Things industry has once again set off a wave of new RFID products. In 2014, the scale of the Internet of Things industry exceeded 800 billion yuan, with a compound annual growth rate of more than 28%. Among them, the scale of the RFID products industry exceeds 30 billion yuan. Moreover, RFID technology is developing rapidly, and its applications and fields are becoming wider and wider. As the most critical technology for the development of the Internet of Things, the full application of various RFID devices in the Internet of Things has enabled the RFID application market to continue to expand.According to IDTechEx company CEaghuDas, as of 2014, approximately 7.5 billion digitally coded RFID tags were sold worldwide. At the last RAINRFID industry alliance meeting, DasZ pointed out that the RFID market is expected to reach 9.5 billion US dollars in 2015, including active RFID and real-time location (RTLS) technology. Passive RFID service, network, software. RFID anti-metal magnetic isolation sheet, etc.According to experts, there are currently three major characteristics of China’s RFID market. Including high-profit government-led projects will be transferred to market-led projects, the RFID market is changing the global label production pattern, HF applications have matured, and UHF applications are growing rapidly.According to G3 Comprehensive Report: The development of RFID in China has received strong support from the government. In fact, the domestic RFID market can be divided into two types: one is government-led, and the other is market-led. Companies such as Aerospace Information, Shanghai Zhongcai, and Beijing Zhongdian Huada focus on government projects and are deeply affected by government support, while companies such as Yuanwanggu, Yangzhou Yongdao, and Zhongrui Sichuang are mainly market-oriented. Less affected by the government. Government-led companies focus on government projects and have more substantial profits, while market-led companies face more market competition, especially label packaging. As there are more and more inlay production plants in China, the domestic market has strong demand for equipment. The annual production capacity of China’s RFID tags reached 6 billion in 2014, accounting for more than 85% of the global RFID tag production capacity.With the continuous development of RFID, related industries have also developed rapidly. What is interesting is that the Chengyi College Library of Jimei University is the first library in China to deploy an RFID system. It was officially used in February 2006. This is a milestone in the application of RFID in Chinese libraries, and it has far-reaching significance. The widespread use of RFID technology has led to the rapid development of RFID anti-metal magnetic isolation sheets. Magnetic isolation sheet manufacturers have stepped up to focus on the research and production of wave-absorbing materials and magnetic isolation sheets.RFID technology is rapidly popularized in China, and the advantages of the technology itself make it have broad application prospects and huge market potential. It can be said that the “heart” of RFID technology will promote better and faster development of the Internet of Things, and the Internet of Things will also take care of its precious “heart”.