LF RFID Latest Trend Summary 2023

October 23, 2023

Trend 1: The industry is stable, there are few players, and the competition is not fierce.

After long-term integration of the supply and demand market, low-frequency RFID has become very stable on the supply side and the demand side. There are also fewer players. It is a fully competitive market and the industry's leading

Gross profit can be maintained at a good level.

Trend 2: The low-frequency card market will have a more obvious downward trend

The low-frequency card market includes access control cards, hospital diagnosis and treatment cards, consumer membership cards, etc. In the domestic market, card products have been largely replaced by other technologies, while in foreign markets,

Although card products are relatively stable, HF cards are gradually replacing LF cards.

Trend 3: The animal market is the most important and largest incremental market for low-frequency RFID

At present, animal management is the main application market of LF RFID, accounting for more than 60%, because in the animal field, LF RFID has infinite advantages compared with other technologies.

With the advantages of method replacement, such as resistance to liquid interference, with the gradual development of the smart agriculture industry, LF RFID has been widely used in animal management (including animal husbandry, cats and dogs pets, experimental mice,

The application of poultry, etc.) is gradually increasing and has become the most important incremental market in this field.

Trend 4: Projects are fragmented and the industry is highly customized

Low-frequency RFID projects are not as standard as UHF and are highly customized, so players in the industry are gradually developing from single products to solutions. There are many companies

Often taking into account high-frequency RFID, ultra-high frequency RFID, and even other businesses, this is also in line with the current industry situation where the low-frequency RFID market is relatively small and has serious customization.

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