Vehicle License Plate Market 2021 Industry Share, Global Trend, In-Depth Manufacturers Analysis, Revenue, COVID-19 Impact, Development Growth, Upcoming Demand, Regional Outlook till 2030

In a recent published report, Kenneth Research has updated the market report for Vehicle License Plate Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Vehicle License Plate Market products.

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According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.

The Vehicle License Plate Market is expected to grow at a significant CAGR during the forecast period. Increasing demand for commercial and personal electric vehicles around the globe is anticipated to drive the growth of the MARKET over the forecast period. According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Kenneth Research has added a report on Vehicle License Plate Market that involves the analysis of the product demand and market on the basis of various factors and by using different analytical tools for the forecast period 2021-2025.

The Vehicle License Plate Market is expected to grow at a significant CAGR during the forecast period. Increasing demand for commercial and personal electric vehicles around the globe is anticipated to drive the growth of the MARKET over the forecast period. According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.

Global Vehicle License Plate Market was valued at USD 490 Million in the year 2019. Global Vehicle License Plate Market 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

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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 Market 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 Market Segmentation:
Vehicle License Plate Market Overview, By Product
Aluminum License Plate
Plastic License Plate
Other
Vehicle License Plate Market Overview, By Application
Passenger Vehicles
Commercial Vehicles

Vehicle License Plate Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa”

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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary

4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats

5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry

6. Industry, By Product
6.1. Aluminum License Plate
6.2. Plastic License Plate

7. Industry, By Application
7.1. Passenger Vehicles
7.2. Commercial Vehicles

8 Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. RoE
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. RoAPAC
8.5. RoW

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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