Market Analysis of RFID Systems in Indian Automobile Industry

RFID is an emerging hot technology in tracking and tracing physical objects. The market for RFID ranges from technological artefacts like tags and reader infrastructure to software solutions and supply chain services. One of the key business sectors that have seen the initial benefits of RFID applic...

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Main Author: Mariappan, Ramachandran
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23939/
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author Mariappan, Ramachandran
author_facet Mariappan, Ramachandran
author_sort Mariappan, Ramachandran
building Nottingham Research Data Repository
collection Online Access
description RFID is an emerging hot technology in tracking and tracing physical objects. The market for RFID ranges from technological artefacts like tags and reader infrastructure to software solutions and supply chain services. One of the key business sectors that have seen the initial benefits of RFID applications is the Automobile sector through improvements in local processes related to better production control and increased handling efficiency. In recent years, there has been a palpable shift in the interest of global automobile Original Equipment Manufacturers (OEMs) towards India, stimulated by the increasing Indian market demand and manufacturing expertise. The aim of the research is to evaluate the attractiveness of RFID adoption in the Indian Automobile sector by examining the RFID market trends, identifying the key opportunities and potential barriers for RFID adoption and the perceived profitability of the Indian Auto -RFID market. The former was evaluated largely by considering the market growth leveraging on the PEST framework. Market Profitability was determined based on Porter’s Five Forces Analysis. The results from the survey research clearly depicts that RFID has a good market growth, profitability among the Indian automobile sector. It will make their process easier and the Return on Investment for RFID will be high for adopters. As RFID adoption is still in the introduction and the growth level, it will have high market demand among the automobile sector in India. Likewise, the profitability levels are perceived by those in the industry to be high enough, although there is a considerable threat for new entrants into the market. However, this can prove to be beneficial for the first movers in the long run.
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spelling nottingham-239392018-01-31T02:57:38Z https://eprints.nottingham.ac.uk/23939/ Market Analysis of RFID Systems in Indian Automobile Industry Mariappan, Ramachandran RFID is an emerging hot technology in tracking and tracing physical objects. The market for RFID ranges from technological artefacts like tags and reader infrastructure to software solutions and supply chain services. One of the key business sectors that have seen the initial benefits of RFID applications is the Automobile sector through improvements in local processes related to better production control and increased handling efficiency. In recent years, there has been a palpable shift in the interest of global automobile Original Equipment Manufacturers (OEMs) towards India, stimulated by the increasing Indian market demand and manufacturing expertise. The aim of the research is to evaluate the attractiveness of RFID adoption in the Indian Automobile sector by examining the RFID market trends, identifying the key opportunities and potential barriers for RFID adoption and the perceived profitability of the Indian Auto -RFID market. The former was evaluated largely by considering the market growth leveraging on the PEST framework. Market Profitability was determined based on Porter’s Five Forces Analysis. The results from the survey research clearly depicts that RFID has a good market growth, profitability among the Indian automobile sector. It will make their process easier and the Return on Investment for RFID will be high for adopters. As RFID adoption is still in the introduction and the growth level, it will have high market demand among the automobile sector in India. Likewise, the profitability levels are perceived by those in the industry to be high enough, although there is a considerable threat for new entrants into the market. However, this can prove to be beneficial for the first movers in the long run. 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23939/1/Ramachandran.pdf Mariappan, Ramachandran (2010) Market Analysis of RFID Systems in Indian Automobile Industry. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Mariappan, Ramachandran
Market Analysis of RFID Systems in Indian Automobile Industry
title Market Analysis of RFID Systems in Indian Automobile Industry
title_full Market Analysis of RFID Systems in Indian Automobile Industry
title_fullStr Market Analysis of RFID Systems in Indian Automobile Industry
title_full_unstemmed Market Analysis of RFID Systems in Indian Automobile Industry
title_short Market Analysis of RFID Systems in Indian Automobile Industry
title_sort market analysis of rfid systems in indian automobile industry
url https://eprints.nottingham.ac.uk/23939/