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Global & China RFID Industry Report, 2008-2009
Market |
Information Technology |
Report Type |
Market Research |
Country |
China |
Published |
9 January 2009 |
Number of Pages |
220 |
1-3 hours, 24 hour max |
|
Publisher |
ResearchInChina |
File Format |
This report described the status quo as well as the development trend of global and China RFID market, focus on the RFID applications.
According to IDTechEx, the global RFID market achieved rapid growth in the year of 2007, and its total market value reached US$ 4.92 billion. The huge FRID application into second generation ID cards has made China become the biggest RFID market in the world. Again, according to IDTechEx, global RFID market value will reach US$ 5.29 billion in the year of 2008, up 7.5% year on year. Impacted by financial crisis, global RFID market value will decline to US$ 5.24 billion in the year of 2009.
In China, along with the gradual expansion of RF chip, package, software/middleware and system integration, RFID market is developing rapidly. In the year of 2007, China's RFID market value reached CNY 7.67 billion, up 21.4% year on year.
Influenced by the global financial crisis and sharp reduction of second generation ID card issuance, the year-on-year growth rate of China's RFID market declined to 9.1% with a total market value of CNY 8.37 billion. Moreover, considering the extension of global crisis and saturation of second generation ID card market, China's RFID market growth rate in the year of 2009 will continue its drop to 7.9% with a total market value about CNY 9.93 billion.
In China, FRID has shaped mature application mode in the fields such as access control, license anti-fake and electronic payment etc. Application in above fields are mainly concentrated in low-frequency and high-frequency. Large-scale application of ultrahigh- frequency is still waiting for a considerable development. However, considering government's support over RFID, especially the ultrahigh-frequency FRID, plus the price declining of ultrahigh-frequency RFID, it is expected to be the mainstream by the year of 2013, although its overall market share was only 4.8% in the year of 2008.
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