Global Vehicle License Plate Industry was valued at USD 490 Million in the year 2019. Global Vehicle License Plate Industry is further estimated to grow at a CAGR of 1.8% from 2019 to reach USD 549 Million by the year 2025. A vehicle license plate, also known as a number plate or a registration plate, is a metal or plastic plate attached to a motor vehicle or trailer for official identification purposes. All countries require registration plates for road vehicles
The growth in emerging industry, 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 industry in India is dynamic and is rapidly growing: therefore, many auto OEMs are entering the market to tap the huge potential.
Major market players in Vehicle License Plate Industry are Utsch AG, SAMAR’T, WIHG, Hills Numberplates, JH Toennjes, SPM Groupe, Rosmerta Technologies, EHA Hoffmann, Jepson, Bestplate, Fuwong, Shanghai Fa Yu Industrial, Xialong Traffic, GREWE, KUNIMITSU KOGYO, and brief information of 5 more companies is provided in the report.
Vehicle License Plate Industry Segmentation:
Vehicle License Plate Industry Overview, By Product
Aluminum License Plate
Plastic License Plate
Vehicle License Plate Industry Overview, By Application
Vehicle License Plate Industry Overview, By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa"