Market price analysis
The price of RFID tags in the retail field is relatively cheap among all fields. In the retail field, the price of a label ranges from a few cents to a few dollars, and the price will fluctuate depending on the requirements of different projects. Regarding the market price, according to the research of AIoT Star Map Research Institute, we have drawn the following conclusions:
- Whether it is a label or a handheld device, its unit price is declining year by year. The reason is simple. The market size is gradually expanding, and the shipments of a large number of RFID companies are gradually increasing. It is inevitable that the price will drop due to the scale effect.
- From the perspective of price trends, the label price will drop slightly in 2023. Because the industry will be short of cores in 2022, most companies will hoard chips, resulting in high chip inventories. In the first half of 2023, most companies will In the state of reducing prices and clearing inventory, I believe that label prices will rebound to a certain extent in the short term after the inventory is reduced.
- The price of labels used in the domestic market may be further compressed compared to the international market, because the domestic market mostly considers the project price as an important condition, which may lead to the label price being further depressed. Of course, depending on the needs of different projects, some labels can be sold for 2 yuan each, but relatively low-priced labels definitely account for the majority.
Market usage analysis
Regarding shipments, it can also be divided into two areas: RFID tags and handheld devices to discuss separately. In the field of shoes and clothing and supermarket retail, the shipment volume of tags has been growing, while the deployment of readers and writers lags slightly behind the shipment of tags (due to different procurement channels, there will be a lag). However, the overall shipment volume is constantly increasing, which also shows that the scale of the RFID industry in shoes and clothing and supermarket retail is still growing.
- The growth of global RFID tags in 2022 will increase significantly. This is mainly due to Walmart's requirements on the supply chain, which has led to a substantial increase in RFID tag shipments. However, readers and writers have been growing steadily, and the growth of readers and writers will lag slightly behind the growth of tags. This is because the general process of RFID projects in shoe and clothing and supermarket retail is based on the model of tags first and readers later. .
- The volume of readers includes handheld devices, access doors, cash register equipment and other hardware equipment used in conjunction with RFID tags. The unit is thousands of units, which means that the shipment volume in 2023 will be about 130,000. The use of RFID in the domestic clothing field is actually relatively backward compared to the world. Most RFID tags are used in European and American countries. Domestically, the use of RFID tags in the clothing field only accounts for 20% of the global share. Based on statistics of all domestic RFID manufacturers supplying stores.
