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Global UHF RFID tag sales are increasing year by year, with an average annual compound growth rate of 10% from 2017 to 2019

News posted on: 2020/6/24 13:27:14 - by qingbin - RFIDtagworld XMINNOV RFID Tag Manufacturer

Global UHF RFID tag sales are increasing year by year, with an average annual compound growth rate of 10% from 2017 to 2019

Global UHF RFID tag sales are increasing year by year, with an average annual compound growth rate of 10% from 2017 to 2019


According to the working frequency, RFID can be divided into four categories: low frequency, high frequency, ultra high frequency and microwave, as shown in the figure below. The higher the working frequency, the larger the size of the electronic tag, the faster the reading and writing speed, and the greater the influence from the surrounding environment. In the past, the RFID industry was dominated by high-frequency RFID, but in recent years, with its excellent performance of long-distance high-speed reading and writing, UHF RFID has shown explosive growth in demand in the fields of smart manufacturing, warehousing and logistics, footwear and unmanned retail. It has gradually become the mainstream of the RFID industry.


The UHF RFID frequency bands around the world are different. The frequency bands in the US and Europe are between 902-928MHz and 862-870MHz, respectively.


The UHF RFID frequency bands around the world are different, the United States and Canada are between 902-928MHz, and Europe is between 862-870MHz. China has distribution in the 804-845MHz and 920-925MHz bands, and Japan in the 952-954MHz band.


Global UHF RFID tag sales are increasing year by year. In 2019, global UHF RFID tag sales are about 15 billion


According to IDTechEx data, global UHF RFID tag sales have increased year by year from 2017 to 2019. In 2019, global UHF RFID tag sales are about 15 billion, an increase of 20% from 2018, and the total market value is about 953 million US dollars. Among them, the apparel retail market has contributed a major increase, and the global climax of RFID apparel large-scale application projects has emerged. In addition, unmanned retailing has soared, and cases of unmanned retailing such as Amazon go and Tao coffee are constantly emerging.



The total market value of global UHF RFID tags is increasing year by year. The total market value of global UHF RFID tags in 2019 is US$953 million


According to IDTechEx data, the global market value of UHF RFID tags in 2017-2019 is increasing year by year, with an average annual compound growth rate of 10%. The global market value of UHF RFID tags in 2019 is US$953 million, an increase of 15% from 2018.


Global UHF RFID chip manufacturers mainly include NXP (NXP), Philips, Siemens, ST (STMicroelectronics), etc.


From the perspective of UHF RFID chip manufacturers, there are mainly NXP (NXP), Philips, Siemens, ST (STMicroelectronics) and other manufacturers; IBM, HP, Microsoft, SAP and other international giants have seized RFID middleware and system integration research The favorable position; XMINNOV, Avery Dennison, Alien (Intelligence Technology), Intermec (Intermec) and other companies provide a large number of UHF RFID tags, antennas, readers and other products and equipment.


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