Global Vehicle License Plate Market Analysis & Forecast (2018-2022): The Increasing Amount of Vehicle Registrations Year-on-Year is Driving Growth
Dublin, Dec. 06, 2018 (GLOBE NEWSWIRE) -- The "Global Vehicle License Plate Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
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.
Key Players
- UTSCH
- Tnnjes E.A.S.T
- Rosmerta Technologies
- Waldale Irwin Hodson Group
- UTAL
- Fuwong License Plate
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Passenger cars - Market size and forecast 2017-2022
- Commercial vehicles - Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas - Market size and forecast 2017-2022
- EMEA - Market size and forecast 2017-2022
- APAC - Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing popularity of RFID-based license plate
- Digital license plates
- Automated and highly secure license plate manufacturing process
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- UTSCH
- Tnnjes E.A.S.T
- Rosmerta Technologies
- Waldale Irwin Hodson Group
- UTAL
- Fuwong License Plate
For more information about this report visit https://www.researchandmarkets.com/research/xcwcj6/global_vehicle?w=12
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