12.11.09
The worldwide RFID market will exceed $5.3 billion in 2008, according to a new forecast from ABI Research. Annual revenue growth will increase over the next five years, accelerating over the mid-term as high-growth, high-volume applications such as supply chain management, ID documents, ticketing and contactless payment drive shipments.
Excluding automobile immobilization, the market is expected to experience a 15 percent compound annual growth rate (CAGR) from 2008 through 2013. Forecasts peg the market at $9.8 billion in 2013, or approximately $8.2 billion without automobile immobilization.
According to research director Michael Liard, “To a casual observer the five-year CAGR for the RFID market as a whole may not seem impressive at face value. In this case, however, ABI Research notes that traditional applications with single-digit and low-double digit five-year compound annual growth rates continue to dominate current and near-term RFID market revenue share. In terms of overall market growth, if these ‘traditional’ applications – access control, automatic vehicle identification, automobile immobilization and ID documents – are removed from the equation, the 2008-2013 CAGR for total RFID systems revenue exceeds 20 percent.”
ABI Research believes it is still too early to tell what impact the state of the global economy will have on the RFID market. Investments are still being made in RFID companies, consolidation continues and contracts are being awarded.
“We understand that the impact of economic events is often not immediate, however, and we expect to be in a better position to gauge how the economy is impacting RFID adoption and spending at the end of the year,” Mr. Liard said. “In our opinion it often takes three to six months for any economic impact to be felt. Many of the vendors and users we have asked about a potential slowdown indicate no real change in RFID projects as yet.”
The latest release of ABI Research’s RFID Forecasts provides extensive data on RFID revenues and unit shipments, segmented by technology, application, and vertical market (aerospace and defense, automotive, commercial services, diverse manufacturing, government (non-military), health care/life sciences, retail consumer packaged goods ((CPG), retail in store, transportation & logistics, and “other”).
For more information contact ABI Research at (516) 624-2500 or go to www.abiresearch.com.
State-of the-art inks and other materials are opening up new applications for inkjet as a manufacturing tool. As a result, the market for functional inkjet inks will reach $5.5 billion by 2016 according to a new report, “Materials for Functional Inkjet Printing: A Market Forecast, 2009-2016,” from NanoMarkets.
Key Findings:
•New materials provide inkjet with the ability to lower costs and increase performance in many areas of traditional electronics. Inkjet has also been a key fabrication tool for the emerging business of “large area” electronics that features displays, lighting, RFID tags, sensors and photovoltaic panels. By 2016, the market for jetted materials for display and signage applications alone should reach $1.2 billion.
•Inkjet is a non-contact process which makes it more suitable than other functional printing systems for creating structures on delicate and difficult-to-work with substrates, such as textiles, board and even human tissue.
By 2016, jettable materials for RFID, smart packaging, labels and brand protection alone will account for almost $1 billion in revenues.
•Inkjet offers also offers new and better ways to create biomedical products from and to work with biological materials.
•Combined with novel photopolymers, ceramics, polymer-clay nanocomposites and polymer blend inks, inkjet provides easier-to-use, more compact and more affordable 3-D modeling and rapid prototyping.
For more information contact NanoMarkets, (804) 360-2967; e-mail: info@nanomarkets.com; web: www.nanomarkets.
Excluding automobile immobilization, the market is expected to experience a 15 percent compound annual growth rate (CAGR) from 2008 through 2013. Forecasts peg the market at $9.8 billion in 2013, or approximately $8.2 billion without automobile immobilization.
According to research director Michael Liard, “To a casual observer the five-year CAGR for the RFID market as a whole may not seem impressive at face value. In this case, however, ABI Research notes that traditional applications with single-digit and low-double digit five-year compound annual growth rates continue to dominate current and near-term RFID market revenue share. In terms of overall market growth, if these ‘traditional’ applications – access control, automatic vehicle identification, automobile immobilization and ID documents – are removed from the equation, the 2008-2013 CAGR for total RFID systems revenue exceeds 20 percent.”
ABI Research believes it is still too early to tell what impact the state of the global economy will have on the RFID market. Investments are still being made in RFID companies, consolidation continues and contracts are being awarded.
“We understand that the impact of economic events is often not immediate, however, and we expect to be in a better position to gauge how the economy is impacting RFID adoption and spending at the end of the year,” Mr. Liard said. “In our opinion it often takes three to six months for any economic impact to be felt. Many of the vendors and users we have asked about a potential slowdown indicate no real change in RFID projects as yet.”
The latest release of ABI Research’s RFID Forecasts provides extensive data on RFID revenues and unit shipments, segmented by technology, application, and vertical market (aerospace and defense, automotive, commercial services, diverse manufacturing, government (non-military), health care/life sciences, retail consumer packaged goods ((CPG), retail in store, transportation & logistics, and “other”).
For more information contact ABI Research at (516) 624-2500 or go to www.abiresearch.com.
NanoMarkets Reports on Materials for Functional Inkjet Printing
State-of the-art inks and other materials are opening up new applications for inkjet as a manufacturing tool. As a result, the market for functional inkjet inks will reach $5.5 billion by 2016 according to a new report, “Materials for Functional Inkjet Printing: A Market Forecast, 2009-2016,” from NanoMarkets.
Key Findings:
•New materials provide inkjet with the ability to lower costs and increase performance in many areas of traditional electronics. Inkjet has also been a key fabrication tool for the emerging business of “large area” electronics that features displays, lighting, RFID tags, sensors and photovoltaic panels. By 2016, the market for jetted materials for display and signage applications alone should reach $1.2 billion.
•Inkjet is a non-contact process which makes it more suitable than other functional printing systems for creating structures on delicate and difficult-to-work with substrates, such as textiles, board and even human tissue.
By 2016, jettable materials for RFID, smart packaging, labels and brand protection alone will account for almost $1 billion in revenues.
•Inkjet offers also offers new and better ways to create biomedical products from and to work with biological materials.
•Combined with novel photopolymers, ceramics, polymer-clay nanocomposites and polymer blend inks, inkjet provides easier-to-use, more compact and more affordable 3-D modeling and rapid prototyping.
For more information contact NanoMarkets, (804) 360-2967; e-mail: info@nanomarkets.com; web: www.nanomarkets.