GPS and RFID Market News

RFID Market Worth $30B By 2024

IDTECHEX - October 10, 2013
RFID is on its way to becoming ubiquitous in many industries, including retail. Full deployment by retailers and other industries is expected to drive the RFID market to a $30 billion industry by 2024. New research conducted by IDTechEx says that the total RFID market for 2013 is worth $7.9 billion, up from $7 billion in 2012, and is expected to grow to $9.2 billion in 2014.
In retail, RFID is seeing rapid growth for apparel tagging, an application that consumed 2.25 billion RFID labels in 2013. RFID in the form of tickets used for transit will use 600 million tags in 2013, while the tagging of animals (such as pigs, sheep and pets), now a legal requirement in many countries, will use 375 million tags in 2013.
Altogether, 5.9 billion tags will be sold in 2013, up from 4.8 billion in 2012. Most of that growth is from passive UHF RFID labels, with UHF tag sales overtaking HF and LF tag sales by volume in 2012. However, in 2013 UHF tag sales by value will only be 11 percent of the value of HF tag sales.

The U.S. Department of Defense Is Refining Its RFID Strategy

RFID Journal - July 14, 2013
The Defense Logistics Agency (DLA), the largest supplier of goods to the military services and itself a $42 billion global enterprise, manages 26 distribution centers worldwide. Eight years ago, the DLA began requiring its suppliers to RFID-tag cases and pallets. Today, its 18 CONUS distribution centers, including those in Hawaii and Guam, use a common warehouse-management supply system. In 2013, all these DLA facilities will use the EPC Gen 2 RFID tag and advance shipment notification (ASN) data during the receiving process.
In addition, individual services arms and defense agencies are engaging in discrete passive RFID deployments to reduce labor-intensive processes and increase safety, as well as to improve food safety for combat troops.

Delta Tracks Vital Parts With RFID; Saves 7,000 Hours In Labor

RFID-TALK - April 16, 2013
Airlines continue to embrace RFID to simplify maintenance tasks and to keep track of inspection histories for flyable parts like life vests and oxygen tanks. The latest example is Delta Air Lines. By affixing RFID tags to various parts, Delta has streamlined the audit process for safety equipment, slashing the time required to inspect oxygen tanks from approximately 1 hour to less than three minutes per plane. With a fleet of more than 700 aircraft, Delta is saving 7,000 labor hours alone just on its oxygen tank compliance.
Previously, Delta personnel spent countless hours conducting tedious inspection processes to ensure that no safety items remained in service beyond their expiration date. Delta's entire fleet includes more than 700 aircraft; RFID is helping to track and perform visual inspections of approximately 140,000 life vests and more than 40,000 oxygen generators a year.
The Delta solution incorporates software to track and monitor the parts, reducing maintenance turnaround time by up to 99 percent, increasing the accuracy of safety checks, as well as enabling improved on-time performance for Delta flights.

The GPS Location Services market will have double digit growth next 5 years

GPS World - August 28, 2013
The GPS Location Services market is forecasted to have double digit growth for next 5 Years. At the start of 2013 there were more than 5.7 million tracking units operating in the United States, and 9 million more are expected to be sold by 2015. The location services market continues to be one of the steadiest growth segments of the industry.
Within the GPS Location Services Market, the local fleet GPS location market segment continues to be the largest. Local fleet operators had more than 3 million GPS units installed in 2012 and 2013 is expected to be over 3.4 million units installed.

Marshall University Researchers Forecast High RFID Growth In Health Care

RFID Journal - December 10, 2013
The health-care industry is poised to undergo significant changes related to information sharing and supply chain management, at the same time that the Affordable Care Act (ACA)—also known as Obamacare—is expected to swell the volume of patients that hospitals and clinics manage on a daily basis. With these changes taking place, RFID promises to be a benefit to the health-care sector, by reducing the cost of supply chain management.
Currently, the researchers say, approximately 10 percent of hospitals have an RFID-based solution in place to track equipment and supplies, using either passive or active RFID tags attached to consumables and reusable assets. That percentage is likely to rise, according to the study.

The State Of GPS & RFID Student Tracking Systems

School Transportation News - September 10, 2013
Safety and security measures have always been a priority for schools to protect students while getting on and off the school bus, but add technology to the mix and now districts are taking advantage of what RFID can offer to track student transportation ridership
For schools, though, the components to RFID-based student tracking systems are fairly basic as the aforementioned description, and the systems are available as passive or active. A passive system means that the RFID tag or transponder in a card or badge does not have a battery. The tag requires a sensor reader to supply power to the tag, which then sends the information encoded in its memory. An active system includes RFID tags with a battery that can be used as a partial or complete power source for the tags circuitry and antenna.
Be it passive or active, RFID student tracking systems include cards or badges with tags that are encrypted or coded to make it difficult for unauthorized readers to retrieve student information. Regardless of vendor, the tags used in these specific systems only include a random number, or a series of numbers in order, coded by the manufacturer and is assigned to a student.
Tracking student ridership is a very significant issue, both for student security and the understanding the metrics for better economical bus transportation for our school systems.