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Opportunities and Challenges of the RFID Industry in the COVID-19

Mar. 23, 2020

In 2020, what kind of RFID god will the new crown virus create? The market-conscious security person predicts that the RFID industry opportunities will appear in the following areas. The outbreak of the new crown virus will make 2020 a bit confusing. At the time of resumption of work, many enterprises are facing huge challenges, and even some companies are facing the risk of collapse. Large-scale mixed-use shopping malls and restaurants are among the first to bear the brunt of the virus. In addition, the manufacturing industry cannot escape the "infringement" of the virus.

Things must be reversed, and new opportunities are mixed in the crisis. Just as General Secretary Xi Jinping made an important judgment at the co-ordination and promotion of the new crown pneumonia epidemic prevention and economic and social development work deployment meeting: "The epidemic is both a challenge and an opportunity for industrial development." The RFID industry has been appearing on the online media for a short period of time. Once again confirming President Xi's words, the epidemic is both a challenge and an opportunity for industrial development.

As an RFID Tag Sticker Manufacturer for the Internet of Things, in general, the impact is there, but the overall trend is better, and some potential growth points in new areas have also been found during the crisis. Market-conscious security analysts predict that opportunities in the RFID industry will emerge in the following areas.

1. Medicine and health industry

According to the data, during the epidemic period, the sales of a series of cold and antipyretic drugs increased rapidly. Masks are out of stock throughout the country. One mask is hard to find, and fake masks are prevalent. Imagine if RFID technology was introduced, medicines and masks were affixed with a unique identification tag, so that pharmacies could know the stock situation of the materials in real time and replenish them in time. The uniqueness of RFID Sticker Tag can trace the source of materials and make fake masks invisible.

2. Smart manufacturing industry

The impact of the epidemic on the manufacturing industry is undoubtedly huge, and many factories will soon be unable to sustain their failure to resume work on time. So the epidemic is inevitable for intelligent manufacturing and for RFID automatic identification technology. The automatic identification of RFID makes every link in the production line more intelligent and greatly reduces the excessive dependence on people.

Woven RFID Wristband

Woven RFID Wristband

3.Logistics industry

During the epidemic, I was most impressed by the "waiting" and "worrying" after shopping online. Obviously going out during the epidemic has become a risk. After being fully armed, going out is still "infinite anxiety." The epidemic brought a new round of unmanned, intelligent, and non-contact thinking and attempts to the logistics industry. How Woven RFID Wristband can better follow the trend and keep up with this trend is something that everyone in the industry should think about. After the epidemic, logistics giants will certainly accelerate the process of intelligent transformation.

4. Unmanned retail and catering industry

The development of unmanned retail in 2019 is not so satisfactory, and the industry is permeated with a generally gloomy atmosphere. After the outbreak of disorder in the previous two years, unmanned retail in 2019 is indeed a bit of a downturn. However, it seems likely that the outbreak will bring a second chance to unmanned retail. Under the epidemic situation, it is required to keep a considerable distance in such scenarios as shopping queuing and dining in the dining room. RFID industry personnel must pay attention to at least two scenarios. One is the unmanned shelf aimed at the office scene, and the other is of course the hot unmanned store. Use RFID tags to complete the shopping process and achieve "get and go". Customers can shop anytime and anywhere according to their own situation, avoid crowded situations, and protect their own lives.

The "crisis" brought about by the virus is dangerous, and people who are faced with crisis are more willing to go up against the current and seize the opportunity to make the brand stronger.

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