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Global Vehicle License Plate Market 2018-2022

Global Vehicle License Plate Market 2018-2022

About this market

In the 1950s, the global automotive industry came to an agreement with governments and international standard organizations to standardize the license plate size. In the EU, the standard size for the front plate is 52 cm X 11.1 cm, and the rear plates are either the same size or 28.5 mm X 20.3 cm or 53.3 cm X 15.2 cm. In the US, the dimension of the license plate is about 12 X 6 inches, although these dimensions may vary marginally according to the jurisdiction. The size of the license plates is similar globally, which affords economies of scale benefit to the license plate manufacturers. Hence, the standardization of the license plate size globally would be beneficial for vehicle license plate manufacturers globally which, in turn, will drive the vehicle license plate market during the forecast period.

Market Overview

Increasing vehicle registrations year-on-year

The growth in emerging markets, in line with the ongoing industrialization, and global trade activity. particularly in the BRIC countries. has been vigorous. Over the last few years, China has maintained its position as the world's largest automotive market. The automotive market in India is dynamic and is rapidly growing: therefore, many auto OEMs are entering the market to tap the huge potential.

Rise in use of car sharing services and alternate transportation

Car sharing service is a car rental model, wherein people rent cars for a short period, often by the hour. This model is attracting customers who occasionally use vehicles and want to drive different vehicles. The car-sharing market provides a cost-efficient solution for vehicles owners.

For the detailed list of factors that will drive and challenge the growth of the vehicle license plate market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including UTAL and Fuwong License Plate the competitive environment is quite intense. Factors such as the Increasing vehicle registrations year-on-year, will provide considerable growth opportunities to vehicle license plate manufactures. UTSCH, Tönnjes E.A.S.T, Rosmerta Technologies, Waldale Irwin Hodson Group, UTAL, and Fuwong License Plate are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Vehicle License Plate Market 2018-2022

Technavio recognizes the following companies as the key players in the global vehicle license plate market: UTSCH, Tönnjes E.A.S.T, Rosmerta Technologies, Waldale Irwin Hodson Group, UTAL, and Fuwong License Plate

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing popularity of RFID-based license plate. RFID tags are traditionally placed on the windshield to allow the RFID readers at the toll plazas to extract the vehicle identification number and make online toll payment. RFID tags are now being embedded into the electronic license plate.”

According to the report, one driver in the market is increasing vehicle registrations year-on-year. The growth in emerging markets, in line with the ongoing industrialization, and global trade activity. particularly in the BRIC countries. has been vigorous. Over the last few years, China has maintained its position as the world's largest automotive market. The automotive market in India is dynamic and is rapidly growing: therefore, many auto OEMs are entering the market to tap the huge potential.

Further, the report states that one challenge in the market is rise in use of car sharing services and alternate transportation. Car sharing service is a car rental model, wherein people rent cars for a short period, often by the hour. This model is attracting customers who occasionally use vehicles and want to drive different vehicles. The car-sharing market provides a cost-efficient solution for vehicles owners.

Companies Mentioned

UTSCH

Tönnjes E.A.S.T

Rosmerta Technologies

Waldale Irwin Hodson Group

UTAL

Fuwong License Plate

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition – Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 (mn units)
      • Table Global – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition – Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application – Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Passenger cars – Market size and forecast 2017- 2022
      • Table Passenger cars – Market size and forecast 2017-2022 (mn units)
      • Table Passenger cars – Year-over-year growth 2018-2022 (%)
    • Commercial vehicles – Market size and forecast 2017-2022
      • Table Commercial vehicles – Market size and forecast 2017-2022 (mn units)
      • Table Commercial vehicles – Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – Market size and forecast 2017-2022
      • Table The Americas – Market size and forecast 2017-2022 (mn units)
      • Table The Americas – Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 (mn units)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 (mn units)
      • Table APAC – Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing popularity of RFID-based license plate
    • Digital license plates
    • Automated and highly secure license plate manufacturing process
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • UTSCH
      • Table UTSCH overview
      • Table UTSCH – Product portfolio
      • Table UTSCH – Organizational developments
      • Table UTSCH – Key offerings
    • Tönnjes E.A.S.T
      • Table Tönnjes E.A.S.T overview
      • Table Tönnjes E.A.S.T – Product portfolio
      • Table Tönnjes E.A.S.T – Organizational developments
      • Table Tönnjes E.A.S.T – Key offerings
    • Rosmerta Technologies
      • Table Rosmerta Technologies overview
      • Table Rosmerta Technologies – Solutions provided
      • Table Rosmerta Technologies – Key offerings
    • Waldale Irwin Hodson Group
      • Table Waldale Irwin Hodson Group overview
      • Table Waldale Irwin Hodson Group – Business division
      • Table Waldale Irwin Hodson Group – Key offerings
      • Table Waldale Irwin Hodson Group – Key customers
    • UTAL
      • Table Vendor overview
      • Table UTAL – Product portfolio
      • Table UTAL – Organizational developments
      • Table UTAL – Key offerings
    • Fuwong License Plate
      • Table Fuwong License Plate overview
      • Table Fuwong License Plate – Product portfolio
      • Table Fuwong License Plate – Organizational developments
      • Table Fuwong License Plate – Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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