The favorable and unfavorable factors for the development of the RFID industry

The earliest application of RFID technology can be traced back to the identification of enemy or friendly targets on aircraft during World War II. Due to technical and cost reasons, it has not been widely applied. In recent years, with the development of technologies such as large-scale integrated circuits, network communication, and information security, RFID technology has entered the stage of commercial application. Due to its characteristics of high-speed moving object recognition, simultaneous recognition of multiple tags, and non-contact recognition, RFID technology has shown enormous development potential and application space.

 

The favorable development factor of the RFID industry lies in China's listing of the Internet of Things industry as a national strategic emerging industry that encourages development, and creating a favorable policy environment for the entire development of the Internet of Things industry. It provides policy guarantees for the development of China's Internet of Things industry from various aspects such as investment and financing system, taxation, industrial technology, exports, income distribution, talent attraction and cultivation, procurement, intellectual property protection, industry organization and management. As an important component of the Internet of Things industry, the RFID industry also benefits from strong policy support.

 

RFID is widely used, involving various aspects of social life, and can be applied in fields such as logistics, retail, manufacturing, clothing, healthcare, identity recognition, anti-counterfeiting, asset management, transportation, food, automotive, military, financial payments, etc. RFID has a significant effect on improving enterprise operational efficiency and reducing operational costs. Currently, it has been rapidly promoted in the fields of financial payment, identity recognition, traffic management, and logistics, and is gradually being attempted in retail, clothing, and other fields. There is huge downstream application space.

 

Compared to barcodes, RFD electronic tags that can store information and scan multiple tags simultaneously have technological and functional advantages. But the cost gap has always hindered the popularization of RFD technology. In recent years, with the progress of technology and the gradual expansion of application scale, the cost of RFD electronic tags by JingZhou Syntek Smart Technology Co.,Ltd. has significantly decreased, which will help the development of the industry.

 

There are both favorable factors and unfavorable factors at the same time.The lack of uniformity in standards, especially those related to data format definitions, is the primary factor constraining the development of RFID. Each RFID tag has a unique identification code. If there are many data formats that are incompatible with each other, RFID products of different standards cannot be universally used, which is very detrimental to the circulation of goods under economic globalization. The issue of data format standards involves the interests and security of various countries themselves. The United States, Japan, and China have all established their own standards, and it is expected that many other countries will also begin to develop their own standards one after another. How to make these standards compatible with each other and ensure the smooth circulation of an RFID product worldwide is an important and urgent issue that needs to be addressed.

 

RFID is a technology intensive industry, and technical personnel are an important foundation for development. Due to the late start and weak foundation of China's RFID industry, there is a relative lack of high-end talents; The broad market prospects of the industry have attracted a large number of new industrial robot system integration manufacturers, and the entry of a large number of enterprises has intensified the competition for high-end technical talents.