RFID in China 2015-2025: Forecasts, Players, Opportunities

Écrit par © Filactu le . Rubrique: Publications

This report provides a complete view of the RFID suppliers, value chain, applications and trends in China. It looks not only at the RFID manufacturing base in China, but also the applications of RFID in China, providing ten year forecasts by 13 application categories.

China already has 85% of the world's RFID manufacturing capacity, being a major exporter of tags. In addition, the second generation National Identification Card project in China is the largest RFID order by value and China is delivering it by using Chinese-only resources almost exclusively.

Ten year forecasts of RFID in China

IDTechEx Ltd finds that the total RFID market in China was $1.7 billion in 2014, covering chips, tags (including cards, fobs, labels and all other form factors), readers, software/services and system integration. Forecasts exclude other Internet of Things technologies such as sensor networks or wireless telecommunications. It also excludes the non-RFID business of RFID companies. This figure is expected to rise to $4.3 billion by 2025.

The value of RFID tags is $430 million in 2014, taking about 25% of the total RFID market. IDTechEx expects that to reach $952 million in 2025.

As RFID is increasingly being deployed around the world (IDTechEx expect that over 8.5 billion tags will be sold globally in 2015 versus 7 billion in 2014), suppliers are in the process of shaving off fractions of a cent from each inlay, particularly for passive UHF. That means picking up and moving manufacturing base to China in some cases. 

There have also been other, relatively new entrants that by strong investment (including acquisition) have gained a relatively high market share from nothing in a few years, examples being Arizon RFID and Shangyang, to name a few.

RFID in China 2015-2025: Forecasts, Players, Opportunities (May 2015, 205 pages). More than 150 companies are categorised by value chain positions and specialised frequencies. Profiles of 28 listed companies and 110 other players are provided as well.