FEIG ELECTRONICS Introduces new Family of Modules for RFID Reader Terminals

FEIG ELECTRONICS, a global supplier of RFID readers and antennas, announced commercial availability of the CPR60, a compact RFID reader module designed for use in terminals, printers, handheld and portable devices.

This tiny module offers four interfaces for smart card contact units, making it suitable for electronic ticket applications in public transport.

Demand for RFID readers is surging: according to Allied Market Research, the market is forecasted to grow from $8.9 billion in revenue in 2018 to an impressive $22.5 billion by 2026, registering a CAGR (compound annual growth rate) of 9.8%. Portable and handheld RFID readers, which the CPR60 module is designed for, accounted for over 60% of the total market in 2018 and this is expected to continue.

The CPR60 also operates in the HF frequency band (13.56 MHz) and this segment of the RFID reader market is expected to grow at a CAGR of 14.7%, outperforming the market average.

COVID-19 has highlighted the necessity, not just the convenience, of contactless payment with smart cards. The need for RFID contactless solutions continues to grow rapidly, overall, contactless smart cards are growing at 18% a year, and are expected to see even faster growth ahead.

The CPR60 supports multiple HF ISO standards and offers multiple interfaces on a single reader which reduces hardware and integration costs and complexity. The CPR60 offers the highest flexibility by connecting to individual external antennas.