|
|
 |
|
Viewing report
|
|
|
|
Low-Cost RFID Smart Labels - International Markets & Opportunities in Europe & North America
Vandagraf International Limited, Jan 2007, Pages: 260
“Low-cost RFID Smart Labels – International Markets & Opportunities in Europe & North America”, first published in February 2006, we at Vandagraf have now completed a 2nd edition of this report - More comprehensive, revised forecasts, additional Case Studies…….
The World of RFID labels continues to move very fast and developments are constantly being monitored by Vandagraf International. Low cost passive RFID label technology is heralded as the electronic super bar code that promises huge potential benefits and overall cost savings in retail and military supply chains. The enhanced security achievable with RFID labels is also of great potential value to the pharmaceutical sector.
RFID labels operate by radio and do not require direct line of sight. The high storage capacity of RFID labels means that literally billions of different unique numbers are possible - A much greater number than with bar codes. These and other features combine to make RFID labels such an interesting tool.
Massive growth is forecast with the number of RFID labels consumed rising at over 100% annually from around 0.6 million units in 2005 (1.2 million in 2006) to over 700 billion units in 2015.
Very significant opportunities (and also threats) exist for companies choosing to operate in the low-cost RFID label space.
The report contains a detailed analysis of the drivers and barriers, supported with numerous Case Studies. From this we draw conclusions and derive quantitative forecasts, with breakdowns by:
- Level of label application of RFID Labels – Pallet / Shipping Case / Item levels
- RFID Labels End-user sectors – Retail sector, brand owners, fast moving consumer goods (FMCGs), clothing, consumer electronics, pharmaceuticals, military & third party logistics operators
- Silicon chip-based versus chipless RFID labels.
This report has not been written by RFID technology scientists or IT specialists. Rather the research and writing of the report has been carried out by highly experienced professionals, with strong backgrounds in packaging, labels, branded FMCG products, logistics and retail supply chains with hands-on industrial and engineering experience.
Who should buy this report – Label printer / converters, packaging converters, labelstock laminators, RFID inlay suppliers, ink & adhesive suppliers, RFID label converting equipment builders, brand owners, RFID label software providers, systems integrators, financial institutions and potential investors.
The principal author, James Bevan, has some 25 years professional experience in the packaging / labels/ logistics sector, during 20 years of which, he has been actively engaged in international consultancy projects. He has a number of years experience, researching, analysing and writing techno-economic reports, continuing to building on skills learned with the Battelle Institute in Geneva during the early 1980s.
Amidst the hype, there are now exceptional opportunities to be exploited in the low-cost RFID smart labels market - This has been a number of years in coming, But the market for low-cost smart RFID labels is now poised to achieve dynamic double digit growth.
The collective will of the large major players (on both the supply and demand side) in this industry is now robust and still gathering momentum.
Low-cost RFID smart labels are set to revolutionise the world’s supply chains over the next decade. The advantages are compelling and include the following:.
RFID labels operate by wireless radio and do not require direct line of sight, which can be a major plus (and in some situations a potential minus). Bar codes are read optically and do require direct line of sight.
RFID labels can store an identifier number in a silicon chip. Billions of different unique numbers are possible, so that RFID labels have the potential to identify very many individual items. Bar codes can generally only identify a type of product (a single stock keeping unit SKU with a unique bar code number will describe all products of that type.
-The entire data capture process can be automated so that human error may be eliminated.
-The data captured has the potential to be networked across entire supply chains in ‘real time’.
-While a significant disadvantage is the cost of RFID labelling:
-Although the incremental cost of printing a bar code may be close to zero, an RFID label has a measurable unit cost
Roll-out of RFID label technology will continue to require major investments in readers and other equipment and software.
On balance, the advantages are going to outweigh the disadvantages and the potential financial rewards are there for the taking, as some major retailers have already been discovering.
The tipping point for widespread adoption of RFID labelling will occur some time in the not-too-distant future.
But RFID has been around for quite a number of years, so why now?
Customers who bought this item also bought
RFID for Healthcare and Pharmaceuticals 2009-2019
RFID for Healthcare and Pharmaceuticals 2008-2018
Item Level RFID 2008-2018
Printed and Chipless RFID Forecasts, Technologies & Players 2009-2019
RFID Forecasts, Players and Opportunities 2009-2019
Printed and Chipless RFID Forecasts, Technologies & Players 2008-2018
Radio Frequency Identification (RFID) Technology - Global Strategic Business Report
Apparel RFID 2009-2019
RFID Package
Comprehensive RFID Package
RFID in China 2008-2018
Active RFID and Sensor Networks 2009-2019
|
|
|
|
