Nov 3, 2011

RFID Adoption to Increase in Oil and Gas, Says Frost & Sullivan

Urbanisation has been a major factor behind energy demand across various regions, especially among the emerging economies. It is expected that China and India would contribute a lion's share toward the energy demand in the future. As an emerging application area for RFID, the trends in this industry can mean flush or lean times for the RFID vendors. Radio frequency identification (RFID) is gradually attracting interests from different end-user groups. With the energy industry's measured acceptance of this new technology on the rise, the adoption trend is expected to witness a rising curve in the long term. Does this showcase opportunities for vendors in this space in the future? The answer is YES. read more

No comments:

Post a Comment