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Article: Need for Demand-Responsive Manufacturing Accelerates the North American Radio Frequency Identification Markets.
- Article from:
- PR Newswire
- Article date:
- September 12, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PALO ALTO, Calif., Sept. 12 /PRNewswire/ -- The radio frequency identification (RFID) markets in North America are expected to witness significant growth with the rising need for highly responsive and integrated information systems. Greater deployment of RFID will enhance the demand and supply balance in automotive, aerospace and industrial manufacturing.
New analysis from Frost & Sullivan (http://www.autoid.frost.com/ ) reveals that the North American Radio Frequency Identification Markets for Automotive, Aerospace and Industrial Manufacturing earned revenues of $71.3 million in 2005 and estimates to reach $225.7 million in 2012.
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