Thailand is emerging as the one of the potential markets for RFID technology in Asia since it is the manufacturing base for many industries.
The country is implementing this technology in number of fields such as supply chain management, manufacturing and logistics taking RFID to a new high.
Last year, the RFID market in Thailand was worth $16.3 million. It is on its way to become a $32 million business by the end of 2010. The double growth is mainly due to increasing use in manufacturing and logistics application, a Frost and Sullivan report predicted.
The report entitled ‘Thailand RFID Markets’ studied the RFID market for security and access control, manufacturing and logistics, transportation, animal tracking, and others.
