RFID Market
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Report Description<br />
UK, china etc. have mandated use of <strong>RFID</strong> for projects related to citizen identification and<br />
counterfeiting. Government policies to mandate use of <strong>RFID</strong> has fuelled the growth of<br />
<strong>RFID</strong> market globally. Research and development of <strong>RFID</strong> technology has paved the ways<br />
to emerging application of <strong>RFID</strong> along different industry verticals.<br />
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On other hand, High cost associated with manufacturing and implementation <strong>RFID</strong><br />
system hinders the growth of <strong>RFID</strong> market. Furthermore, lack of standardization and lack<br />
of backend data support pose challenge for full-fledged market growth. Tremendous<br />
opportunities lies in development of point-to-point solution as per customer<br />
requirement.<br />
Global <strong>RFID</strong> market: Key Players<br />
Global <strong>RFID</strong> market is a highly competitive market, characterised by active presence of<br />
many big players such as Alien Technology Corporation (US), Zebra Technologies<br />
Corporation (US), Toppan Forms Co. Ltd (Japan), Dai Nippon Printing Company Limited<br />
(Japan), 3M Company (US), Avery Dennison Corporation (US), Checkpoint Systems, Inc.<br />
(US), Confidex Ltd. (Finland), Intermec Inc. (US) and BASF SE (Germany). Players in <strong>RFID</strong><br />
market are focussing on technological developments to reduce cost of <strong>RFID</strong><br />
manufacturing and ensure return on investment. To cater to growing need of <strong>RFID</strong> in<br />
emerging applications, players need to focus on supply chain integration.<br />
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