While large aircraft manufacturers and airlines are the biggest users of RFID in the aviation market, there are plenty of opportunities for suppliers to use the technology to generate internal improvements.
Xerafy’s Container Trak tag is being tested by several companies to identify the locations and movements of metal containers or trailers in such areas as outdoor storage yards and distribution centers.
With real-time RFID data, hospitals can save time, labor, money and improve patient outcomes through better use of asset information. RFID technology used in hospital emergency departments not only helps track vital equipment and assets, but the collected data allows emergency department personnel to better understand how care was delivered.
Data Bridge Market Research recognizes Xerafy’s technology as a leader in the $92.6 million global surgical instrument tracking market in its recent report. The research firm says the market reached $92.6 million (U.S. dollars) in 2016, and will experience a compound annual growth rate of 17.5% through 2024.
As customer demands push manufacturers to implement new types of manufacturing technology, RFID plays an ever-greater role in the Industrial Internet of Things (IIoT).
A recent survey conducted by Zebra Technologies found that the number of manufacturers using RFID in the plant will increase from 37% in 2017 to 48% by 2022. The use of RFID for work in process (WIP) tracking will grow from 54% to 69% among those already using RFID over the same period.