;
Home / Knowledge / News / Information Technology / 'RFID carries unconditional guarantee of success' - Study
'RFID carries unconditional guarantee of success' - Study
07
Feb '09
The RFID market is set for further robust growth, despite many a challenge. While turnover is likely to increase by an average of 19% p.a. in Germany between 2006 and 2016, the pace may reach as high as 25% p.a. worldwide. With the shift in the market shares of individual RFID components and the exodus of production of less sophisticated products from the high-wage countries, Asia is likely to contribute an ever increasing share and become the continent with the strongest turnover by 2016.

RFID links the physical good with the corresponding information. In fact, the RFID principle has been used in a broad spectrum of military and civilian applications for decades. However, it was not until the introduction of the electronic passport and the use of RFID tags on some consumer goods in the retail sector that public interest in the technology surged.

Political and technological challenges will shape RFID's commercial outlook. In the technology area, the issues seem to focus primarily on energy consumption, production costs, manufacturing speed and reading errors, while politically the focus will be on frequency harmonization, standardization, and environmental and data protection.

Not every RFID project driven by a technological vision will become a commercial success. Before they start using RFID, companies must take a critical look at the cost and income aspects. RFID promotes innovativeness in the economy as a whole. RFID-based process automation not only boosts the efficiency of innovative companies, it is also instrumental in expanding the overall supply of goods and services.

Information and communication technologies are playing an increasingly important role in the implementation of value-added processes that overarch several steps. Specialists in corporate foresight say that Radio Frequency Identification (RFID) technology in particular is a very symbol of the paradigm shift. In the new paradigm the separation between the physical good and the information corresponding to it is eliminated.

RFID is not a brand new technology, however. Back in the Second World War the Allies used the same principle to distinguish between friend and foe. In the 1970s RFID came to be used more and more often in civilian applications as advances were made in microelectronics. The broad spectrum of applications ranges from logistics and trade, industry and agriculture right through to health care and leisure events.

However, it was not until RFID became more relevant in everyday life – e.g. with the electronic passport, labels on certain retail goods and access cards in the workplace, that the public started to take substantially greater notice of the technology.

Systems have three technical components:
Every RFID system consists of an RFID tag (also: transponder, a small chip encoded with a product number and containing a radio antenna, see box), a reader and data-processing software. RFIDsystems work on the principle that the individual components can communicate with one another via electromagnetic fields without physical or visual contact. This form of information exchange differentiates RFID from other information systems that use a bar code or contact chip card, for instance, as well as from radio-based systems such as Bluetooth.


Must ReadView All

Japanese capital pouring into textile, garments in Vietnam

Apparel/Garments | On 12th Dec 2018

Japanese capital pouring into textile, garments in Vietnam

Several Japanese companies, including Itochu and Sakai Amiori, are...

Chanel bans fur, exotic animal skins in its products

Fashion | On 12th Dec 2018

Chanel bans fur, exotic animal skins in its products

French fashion retailer Chanel recently announced it will stop using...

Apparel, footwear brands failing to tackle exploitation

Apparel/Garments | On 12th Dec 2018

Apparel, footwear brands failing to tackle exploitation

Apparel and footwear firms are failing to tackle exploitation of...

Interviews View All

Hannah Lane, Redress

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Evelyne Cholet, UCMTF

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search