Published: October 05, 2011

Companiesandmarkets.com: Ink Stripe Technology is Highest Potential Segment of Chipless RFID Tag Market

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LONDON - (BUSINESS WIRE) - Chipless RFID tags are being used to help organisations manage their supply chain and logistics activities, according to a new research report available on companiesandmarkets.com. The potential applications for low cost tagging are significant, and by 2017 it is expected that the chipless RFID tag market will cross the $2 billion barrier.

Chipless RFID Tags: A Global Strategic Business Report

http://www.companiesandmarkets.com/Market-Report/chipless-rfid-tags-a-global-strategic-business-report-693045.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

Offering similar functionality to traditional RFID but at a much lower cost, chipless RFID tags are gaining the approval of many end users, and expansion potential is significant.

Chipless RFID tagging technologies are not expected to supersede chipped RFID systems, rather work alongside them, giving customers the opportunity to select the most appropriate technology for their needs. Chipless tags are most likely to be deployed in situations where the tagged products are of lower value and are unlikely to need to be moved considerable distances, while more expensive chipped RFID tags are more likely to be used to monitor expensive products, or those which will enter a more complex supply chain.

In certain circumstances, the simplicity of chipless tags provides a distinct advantage over chipped tags, which cannot be used in radioactive settings, for example. Chipless RFID technology's tolerance of gamma radiation could potentially see the tags deployed within the pharmaceutical industry, or in other extreme environments.

In terms of value, Europe and Asia-Pacific present distinct growth prospects, while from a volume perspective, the chipless RFID tags market is dominated by the US and Europe.

The chipless RFID tag research report includes profiles of nearly fifty key industry players, such as: Acreo

BASF SE, Dai Nippon Printing Co., Ltd., InkSure Technologies, Inc., NXP Semiconductors NV, Printechnologics GmbH, Soligie, Inc, Toppan Printing Co., Ltd., and Vubiq, Inc.

The 329 page study, published in June 2011, provides a detailed overview of the chipless RFID tags market, including statistical data for the period 2008-2017, split by geography: US, Canada, Japan, Europe, Germany, UK, Italy, Rest of Europe and Asia-Pacific.

Report Details:

http://www.companiesandmarkets.com/Market-Report/chipless-rfid-tags-a-global-strategic-business-report-693045.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2