Cold Chain RFID Market : Applications, Technology Trends, Growth Drivers and Challenges – Semiconductor & Electronics Industry Insights
The growth of the global cold chain radio frequency identification (RFID) market is driven by the government mandates for pharmaceutical delivery traceability, along with increasing focus on food safety in the developed countries of North America and Europe. However, the high installation and maintenance cost, along with complicated technology of RFID is hindering the growth of the RFID in cold chain market in the developing countries. RFID is used for complete tracking of goods and its temperature, during the entire supply chain process of the products. The lack of global standards, along with troubleshooting issues is hindering its wide scale adoption in cold chain.
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