RFID Application Market Analysis
RFID Application Market Analysis
2021-04-06
Common Industry Introduction
> Logistics
> Shoes & Clothes
> Retails
> Airline
> Library
> Electricity
> Transportation
> Washing


Shoes & Clothes Application Introduction


The main purposes of using RFID labels in the footwear industry are:
> Improve the efficiency of warehouse logistics inventory, reduce inventory quantity, and reduce labor costs.
> In the store, it can reduce the probability of shoes and clothes loss and error, and improve customer experience.
> Anti-counterfeiting traceability, especially for e-commerce sales anti-counterfeiting, is of great significance, because sales through e-commerce channels promise to return and exchange services within a certain period of time, which allows "cottags" products to have room for operation, and in shoes and clothing Implanting RFID chips will solve this problem.

Judging from the current market information, not all shoes and clothing will use RFID. At present, RFID technology is mainly used by domestic and foreign footwear and clothing fast-selling brands, which require high turnover and relatively high value of footwear and clothing products. RFID technology is adopted and can bring obvious economic benefits.

Logistics Application Introduction
The use of RFID intelligent logistics warehousing system is the establishment of a company's competitive advantages, and it is a guarantee that high-efficiency and reliable logistics operations must be maintained. Adopting effective logistics and warehousing management and establishing a fully intelligent and automated modern logistics warehousing system can improve the core competitiveness of the enterprise with half the effort.
  
For enterprises to effectively apply information technology to improve management level and work efficiency, to meet the needs of a material supply system of "unified command, rapid response, and efficient operation", in accordance with the requirements of modern logistics management, adhere to high standards and high starting points, and from the overall logistics Starting from the optimization of the supply chain, we have created a modern intelligent logistics warehousing system that uses the Internet of Things technology to fully promote the intelligentization of logistics warehousing work. The adoption of this system will optimize and intelligently manage the various logistics links of the enterprise, which can significantly reduce enterprise costs and enhance enterprise competitiveness.



From the core process of logistics warehouse management: Inbound-warehouse operations-outbound-return and inventory control to achieve more efficient and accurate management.

Effectively control and track the whole process of logistics and cost management of warehouse business, and realize perfect enterprise warehousing information management.




The implementation of the RFID electronic label system program can achieve the following goals and obtain the expected economic benefits:

> Shorten the work flow
> Improve the quality of inventory work
> Increase the throughput of the distribution center
> Reduce operating costs
> Logistics tracking in the supply chain
> Increase the transparency of supply chain management
> Capture data on the process
> The transmission of information is faster, more accurate and safer.

Forecast and Analysis of the Future Market
· Global UHF RFID shipments have maintained a relatively stable growth rate each year. Due to the relatively large base, the growth rate has maintained between 20-25% in recent years.

· In 2020, affected by the “COVID-19”, the annual shipment volume is expected to shrink by about 10%, and in 2021, the market will gradually recover.

· The vast majority of global RFID production capacity is in China. According to the feedback from our research, China's UHF RFID production capacity accounts for about 80% of the global share. Due to the long-term optimistic view of the UHF RFID market, major label manufacturers in recent years is actively expanding production capacity.





 
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