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Material Handling Headlines
RFID Grows by 5%
- 8/27/2009
Cambridge, United Kingdom—As forecast by IDTechEx, there has been a surge in orders for RFID in 2009. Despite the world’s largest
RFID project, the $6 billion China National ID card scheme, being completed a year earlier, the global RFID market rose five percent this year to $5.56 billion.
In stark contrast to the global financial meltdown which has caused some car production, for example, to plummet by 50 per cent, in many applicational sectors RFID orders are up 10 per cent.
Most of the action has been in the US, where the largest orders continue to be placed, in the UK, China and Japan.
Read the full story at
BusinessWeekly.com.
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