Released on = October 31, 2006, 12:04 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = In the backdrop of rising security problems in airline
baggage handling, RFID appears to have significant potential for streamlining and
improving highly volatile security situation.

Press Release Body = According to Industry experts, the overall revenue generated
from RFID systems employed for airline baggage handling in the US, will stand at
$11.8 million for the current year. This figure is expected to grow to around $27.5
million in 2011, with an impressive CAGR of 18.5 %.

However, it's probable that RFID technology and software may have to pass through
rough patches before the sector can establish itself in the global market. In the
US, domestic airlines are finding it hard to survive competition against
international players. Being Cash-strapped, US airlines have been reluctant to adopt
RFID airline baggage tagging chiefly due to high tag price. Since RFID baggage tags
are disposable, airline industry players feel they ought to be cheap. Unlike airport
operators in other countries, in the US the majority of baggage handling systems has
been solely handled by the airlines themselves.

RNCOS' recently published report "RFID Industry Analysis 2006", talks about the
prospects of RFID technology. The report finds out that RFID will have application
for baggage tracking in the airline industry. The aggregate statistics for the year
2005 reveal that the US airlines lost, misdirected or misplaced around 10,000 bags
per day. Therefore the US airline industry in particular is standing at the
threshold of a 'take-off' for applying RFID technology to the problem of airline
baggage. Industry experts predict that once demand for these technologies begins to
rise, tag prices will begin to move downwards giving further impetus to this sector.


The research report also addresses the issues and facts that are critical to
business success:

- The status of global RFID Market.
- The future projection of RFID hardware components, RFID software and RFID services
market.
- The applications and changes associated with RFID technology.
- The prospective applications of RFID technologies in areas such as in Supply chain
Management, Asset Tracking and Point of sale applications.
- The potential applications of RFID technologies in various vertical segments such
as Consumer Packaged goods, Retail Units, Healthcare/Pharmaceutical sector and
Commercial Sector.
- The challenges before RFID industry.

This report provides a comprehensive discussion on the current trends, demand,
revenue forecast, business opportunities, and other issues likely to influence the
future growth of RFID market.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/COM32.htm
For more information about the report please visit www.rncos.com


To get the latest news on RFID & IT Sectors worldwide, please visit our newly
launched blog section at http://www.rncos.com/Blog/itresearch.html


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com