Market Trend : RTLS for Industrial Applications Globally Grow at a CAGR of 31.14% by 2020
ResearchMoz presents professional and in-depth study of "Global RTLS for Industrial Applications Market 2016-2020". RTLS is used to track asset, person, or any object in real-time basis. RTLS employs radio frequency identification (RFID) technology for communication, but some systems use optical (based on infrared waves) or acoustic (based on ultra sound) technology, either combined or separately. RTLS involves two components: Tags: These are hardware components attached to the object that has to be tracked. Readers: These are a combination of both hardware and software used to monitor signals emitting from the tag and determine the location of the object to which it has been attached. RTLS uses inexpensive radio tags and a cellular reader system to detect the presence and location of the containers. RTLS helps track assets within a smaller geographical area. RTLS provides passive or active information about the location of objects and generally tracks assets in confined ar...