It is estimated that the global RFID market will e

It is estimated that the global RFID market will exceed US $20billion in 2015.

recently, Moscow Metro has become the world's first public transport system with 100% automatic fare collection. The AFC system of Moscow Metro was built by smart technologies group, a system integrator, in early 2008. The magnetic strip tickets originally used by temporary passengers for once, twice and five times were replaced by smart paper tickets using Mifare ultralight IC technology, which expanded the current smart card blow molding industry, which is dominated by plastic blow molding machines, with a large proportion of electronic ticket solutions in the market. Since the completion of the system, Moscow Metro has sold more than 300 million such tickets in the past year

similar to Moscow Metro a, users can decide whether to choose electronic universal testing machine or hydraulic universal testing machine FC according to the detailed application environment of their industry. At present, there are thousands of successful cases of RFID in the world. These cases cover logistics management, animal husbandry management, library management, e-government, traffic management and many other fields. With the gradual elimination of technical bottlenecks and the rapid decline of product prices, 2009 will likely become an opportunity for the development of RFID

Lu Ning said that NXP has sold more than 3billion RFID chips, covering RFID tags and readers for e-passports, public transportation, clothing, libraries and other RFID applications. Among them, the shipment of e-passport chips has reached 100million in the third quarter of 2008, and 55 of the 67 countries in the world have adopted NXP smartmx chip technology. E-passport chips generally need to meet the basic access control requirements and extended access control specifications of the International Civil Aviation Organization (ICAO) for e-passports, and each country has also developed its own certification specifications, such as common criteriaeal5+ certified by the German information security office

according to the conservative estimation of idtech ex, the overall market size driven by the RFID industry value chain has exceeded US $2billion. This figure is not very high, because this market includes IC chip design and manufacturing, labels, readers, middleware, software and system integration. However, idtech ex said that based on the experience of bar code promotion, it is expected that the year will be the peak of the global RFID market demand. If RFID is rapidly popularized, it is optimistic that the global RFID market will exceed US $20billion in 2015, more than 10 times that of now

among them, the price of label products fell the fastest, but the growth rate of market demand was also amazing. Taking UHF products as an example, the label cost has fallen from $1 in 2007 to a few cents now. According to idtech ex's estimation, there is at least 20% room for price reduction of electronic labels used in annual item level, and the market demand will increase to 27billion in 2010

Lu Ning also admitted that tags are no longer the biggest burden of RFID deployment costs, and system integration and system maintenance will to a large extent become the cost considerations for customers to establish RFID intelligent identification systems