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RFID (Radio Frequency Identification) is now at the forefront of the world
security. The technology is getting its share of importance as a possible
means for automated identification and data capturing applications all
around the world. America, Europe and Asia – all are providing ground for
the expansion of the RFID industry. And among these large opportunity
fields, Europe has emerged as the biggest profit-churning industry for RFID
R&D, according to "European
RFID Industry Outlook (2007-2010)", a latest market research
report.
The research report has methodically analyzed the European RFID market to
find out the reasons filliping the European RFID market. It has also
discussed the forces that will determine the future direction of the
industry. For instance, the research has evaluated how the strong retail
sector of Europe is fuelling the demand of RFID in supply chain, which is
expected to be the largest RFID customer, given the fragmented markets of
Europe.
According
to a Senior Research Analyst, “RFID technology and the benefits it gives are
rated high on the business protocol of several European retailers, logistic
service providers, and food manufacturers. Big European companies like Tesco,
Metro, and Airbus are early adopters of the technology and are spurring
growth in the development and applications of the technology.
However, retail is not the only sector in Europe that will witness the
astronomical growth in RFID application. There are many other sectors too
expected to see a large-scale introduction of RFID. The research has studied
these sectors, including pharmaceuticals, automobiles, and mobile phones, to
predict their future market.
As government is considered a major driver for the growth of any industry,
this factor too has been discussed in detail in the report. The European
government, to promote mass scale deployment of RFID, is investments heavily
in research and innovation centers.
"European
RFID Industry Outlook (2007-2010)", gives details on the fast
growing European RFID industry by covering countries like the
UK, the
Netherlands, Italy, and Germany etc. Each country has been examined
comprehensively to identify its growth potential and find out which is the
most attractive market in Europe. It also studies the opportunities provided
by the industry and what roadblocks are obstructing its growth.
For more information visit:
http://www.bharatbook.com/detail.asp?id=46995 |
