RFID wireless communication technology is widely used in retail, manufacturing, logistics, financial payment, identity recognition, traffic management, medical and health and other fields due to its advantages of long recognition distance, strong anti-interference ability, long life, and high security.
Since China included the development of the Internet of Things in its national development strategy in 2010, China's RFID company and Internet of Things industries have ushered in rapid development. In 2013, the market size of China's RFID exceeded 30 billion yuan, with a growth rate of 35.0%; in 2019, when China's overall macro-environment was cold, downstream demand was affected, and the market growth rate declined, RFID and the Internet of Things The industry as a whole still maintains an upward momentum, and the market size is around 110 billion yuan. From 2020 to 2022, the Internet of Things applications based on RFID technology will continue to be enriched, the integration with the mobile Internet will continue to deepen, and the application fields will continue to expand. The RFID market size will continue to maintain a rapid growth trend.
The average annual compound growth rate from 2023 to 2025 is expected to remain around 12%, with the main growth drivers coming from social security card and health card projects, traffic management, mobile payment, logistics and warehousing, anti-counterfeiting, financial IC card migration and other subdivisions. Preliminary estimates indicate that China's RFID market size will be close to 300 billion yuan by 2026.
The iteration and development of RFID technology have led to a number of rapidly growing Internet of Things companies. Internet of Things companies represented by Shanghai Fudan Microelectronics, Shenzhen Yuanwang Valley, and Beijing Aerospace Gold Card have grown into mainstays in the international and domestic RFID industry and have made outstanding contributions to the RFID industry's improvement of overseas competitiveness.
China’s TOP 10 RFID Companies
Top 1 Fudan Microelectronics
Top 4 Quanray Electronics
Top 5 kiloway
Top 6 Nationstech
Top 7 CEC Huada Technology
Top 8 Shenzhen Tianjun smart card
Top 9 SML Group
Top 10 Trimco
Shenzhen Tianjun smart card is a company headquartered in Shenzhen with customers all over the world. It provides compliance and branding products and services for more than 200 global hotel and cultural tourism brands, including BMW China, Hilton Hotel Group, and Disney. Tianjun Smart Card currently has 6 modern factories in China with more than 200 production lines. Its main products include smart cards, RFID wristbands and tags. It is a well-known RFID IoT interactive technology service provider in China,It is one of the companies with the most comprehensive smart card chip and WLAN chip technology and the widest application fields in China.
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