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28 Oct 13. Research and Markets announced the addition of the “The Global Man-Portable Military Electronics Market 2013-2023” report to their offering. Militaries around the world are focusing on soldier modernization programs and this development has directly influenced growth in the man-portable electronics category. Soldier modernization programs comprise advanced man-portable devices for communication, force protection, and surveillance and reconnaissance operations. The recent successful experiences with the soldier modernization kits in Afghanistan and Iraq, has increased trust in man-portable devices amongst soldiers, especially during contemporary and counterinsurgency operations. In addition, the miniaturization of man-portable devices as part of soldier modernization kits has had a positive influence on category growth. Earlier, a number of communication, ISTAR and force protection devices such as tactical networking radios, sensors, anti-tank missile systems, GPRS systems, navigation and enemy location device, and UAVs were not portable and mounted to vehicles. The portability of these devices as part of the soldier gear has led to a number of new possibilities for the soldiers in the land-based combat operations. The French, FELIN program is considered by some to have the most technologically advanced man-portable devices and a number of other large militaries, such as the US, the UK and Russia are also allocating their military budgets to update their indigenous soldier modernization programs. These developments will have a long term positive impact on the category expenditure. (Source: Yahoo!/BUSINESS WIRE)
29 Oct 13. Global RFID Market will Reach $7.88bn in 2013According to a new RFID sector survey, the RFID market will increase from $6.98bn in 2012 to $7.88bn, and will reach $23.4bn in 2020. This includes tags, readers and software/services for RFID cards, labels, fobs and all other form factors – for both passive and active RFID. The market for RFID has grown steadily despite the economic meltdown due to the diverse nature of its applications from tagging retail apparel to transport ticketing to animals. Historically and today, Governments have driven most RFID orders as they improve efficiency (transit systems), safety (passport tagging) and protect industries (animal tagging). Since 2000 there has been a strong push to use passive RFID to improve supply chain visibility, with a wide range of investment in new RFID technologies, new standards and much publicity. Inevitably as with most new technologies, aspects were over hyped and demand not in sync with capacity, but as we entered 2010 the industry emerged from the hype cycle and over the following years until now, has entered a period of rapid growth and profitability for some. There are different rates of growth for different applications and many challenges – and opportunities still exist. In total, IDTechEx find that 5.9bn tags will be sold in 2013 versus 4.8bn in
2012.
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