Vehicle License Plate Market Size to Grow by 38.95 million units, EHA Hoffmann International GmBH., and Erich Utsch AG, Emerge as Key Vendors - Technavio
NEW YORK, Oct. 3, 2022 /PRNewswire/ -- Technavio has been monitoring the vehicle license plate market, operating under the L1. The latest report on the vehicle license plate market, 2022-2026 estimates it to register an incremental growth of 38.95 million units, at a CAGR of 4.32% during the forecast period. To know more about the analysis of the current market scenario, the latest trends and drivers, and the overall market environment Download PDF sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. EHA Hoffmann International GmBH, Erich Utsch AG, Fuwong, Rosmerta Technologies Ltd, Godawari Techno Solution Pvt Ltd, Hills Numberplates Ltd, Jepson and Co. Ltd, LicenSys Pty Ltd, Muschard Schildertechnik, ORBIZ, ReviverMx Inc, Rosmerta Technologies Ltd, SPM Systems Sp. zo.o. Sp. k., GibPlates, The Waldale Irwin Hodson Group, 3M Co., TONNJES E.A.S.T. INFRASTRUKTUR INVEST GmbH, UTAL Sp. z o.o, and Yarya Sekur are among some of the major market participants. The key offerings of a few of these companies are listed below:
EHA Hoffmann International GmBH - The company offers vehicle license plates of various shapes, sizes, and colors, customized country-specific graphics such as flags, logos, or coats of arms, and various security features such as laser logos, serial numbers, holograms, and barcodes.
Erich Utsch AG- The company offers vehicle license plates that include coats of arms, holograms, holographic hot stamping foil, laser engraving, coding, and UV marking.
Fuwong- The company offers vehicle license plates with embossed fonts on 2-layer plates which need to be ripped off instead of painted.
Rosmerta Technologies Ltd - The company offers vehicle license plates in form of a card that includes owner information and an optical strip embedded on the card.
This report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample Now
The passenger cars segment is the largest segment in terms of volume and value in the automotive industry. Demand for passenger cars is often considered an indicator of economic development in any country or region, as it can be directly correlated to industrial output, economic development, and population demographics. This segment is expected to remain the largest contributor, supported by strong demand from emerging countries and the revival of developed economies during the forecast period.
Geography
APAC
North America
Europe
Middle East And Africa
South America
Most countries in the region have been actively spending on infrastructure and industrial development, which will facilitate the vehicle license plate market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans. Our vehicle license plate market report covers the following areas:
APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution
APAC at 58%
Key consumer countries
US, China, Japan, India, Germany, and France
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
3M Co., Asahi Kasei Corp., EHA Hoffmann International GmBH, Erich Utsch AG, Fuwong, GibPlates, Godawari Techno Solution Pvt Ltd, Hills Numberplates Ltd, Jepson and Co. Ltd, LicenSys Pty Ltd, Muschard Schildertechnik, ORBIZ, ReviverMx Inc, Rosmerta Technologies Ltd, SPM Systems Sp. zo.o. Sp. k., The Waldale Irwin Hodson Group, TONNJES E.A.S.T. INFRASTRUKTUR INVEST GmbH, UTAL Sp. z o.o, and Yarya Sekur
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary ? Chart on Incremental Growth
Exhibit 07: Executive Summary ? Data Table on Incremental Growth
Exhibit 08: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (million units)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (million units)
Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants ? Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes ? Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry ? Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Vehicle Type
5.1 Market segments
Exhibit 24: Chart on Vehicle Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Vehicle Type - Market share 2021-2026 (%)
5.2 Comparison by Vehicle Type
Exhibit 26: Chart on Comparison by Vehicle Type
Exhibit 27: Data Table on Comparison by Vehicle Type
5.3 Passenger car - Market size and forecast 2021-2026
Exhibit 28: Chart on Passenger car - Market size and forecast 2021-2026 (million units)
Exhibit 29: Data Table on Passenger car - Market size and forecast 2021-2026 (million units)
Exhibit 30: Chart on Passenger car - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Passenger car - Year-over-year growth 2021-2026 (%)
5.4 Commercial vehicles - Market size and forecast 2021-2026
Exhibit 32: Chart on Commercial vehicles - Market size and forecast 2021-2026 (million units)
Exhibit 33: Data Table on Commercial vehicles - Market size and forecast 2021-2026 (million units)
Exhibit 127: Validation techniques employed for market sizing
Exhibit 128: Information sources
11.5 List of abbreviations
Exhibit 129: List of abbreviations
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Revenue amounted to ?498.8m (?419.3m), an increase of 18.9% with an organic growth of 14.2%.Operating profit (EBIT) was ?19.0m (?10.7m), an increase of 78.0%, representing an operating margin of 3.8% (2.6%).Net profit amounted to ?6.5m (?2.1m), which...