Automotive Number Plate Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028


Automotive Number Plate  Market
  • Report code : PMRREP23788 |
  • Industry : Automotive |
  • To Be Published : Apr-2020 |
  • Status : Work in progress |
  • Format : Automotive Number Plate  Market Automotive Number Plate  Market Automotive Number Plate  Market Automotive Number Plate  Market

Automotive Number Plate Market: Introduction

An automotive number plate refers to the metal plate attached to a vehicle that provides information about the registration of the vehicle. These automotive number plates can be made from different materials including preprinted adhesive sheeting and aluminum sheets. Governments of different countries have their own departments which deal with the issuing, numbering and coloring of automotive number plates. Moreover, in case of two wheelers, the size of such automotive number plates generally depends on the side of installation, i.e. whether the plate is installed on the front or the rear side of the vehicle. Furthermore, in most countries, weight information about owner, class of vehicle and use restrictions are communicated through the automotive number plates. The design of the automotive number plates depends on the standard thickness and size of the number plate mounting on the vehicle. Such automotive number plates are usually manufactured either through stamping, in which the numbers and characters are stamped on a metal plate or by the application of preprinted number sheets on the metal plate. The automotive number plate market will witness significant opportunities for growth during the forecast period.

Automotive Number Plate Market: Market Dynamics

Sales of automotive number plates is directly dependent on the sales and production of automotive vehicles across the globe. The growth in the sales of automotive vehicles during the past years is expected to promote the growth of the automotive number plate market over the assessment period. Moreover, the fleet of automotive vehicles has also increased significantly in the past few years, owing to the increasing disposable income of the global population. This is expected to further promote the growth of the automotive number plate market over the coming years. Moreover, as the government regulations become more stringent for the installation of number plates on the vehicles, the demand is expected to further increase in the coming years.

Specialized automotive number plates are gaining popularity in the market, with manufactures focusing on providing varied solutions to meet the growing demand from customers. Moreover, with the introduction of lightweight and aesthetically appealing automotive number plates, the demand for automotive number plates is expected to increase considerably to replace the existing automotive number plates. Moreover, as the emphasis on e-mobility increases, the production and sales of electric vehicles is expected to increase in the coming years. This is expected to supplement the growth of the market in the coming years.

However, vehicle manufacturers are now offering vehicles that come with an already attached number plate, which may hamper the business prospects of the aftermarket manufacturers. Moreover, automotive number plates made of steel get easily rusted, owing to which their demand has seen a decline during the past few years.

Automotive Number Plate Market: Market Segmentation

On the basis of material, the global automotive number plate market can be segmented into:

  • Steel
  • Aluminum
  • Others

On the basis of vehicle type, the global automotive number plate market can be segmented into:

  • PC
  • LCV
  • HCV
  • Electric Vehicles

On the basis of sales channel, the global automotive number plate market can be segmented into:

  • OEM
  • Aftermarket

Automotive Number Plate Market: Regional Outlook

North America and Europe are expected to witness significant growth in terms of aftermarket sales of automotive number plates which can be attributed to the large fleet of automotive vehicles in the region. Furthermore, as the automotive production increases in developing countries of the Asia Pacific region, such as SEA & Pacific, India and China, growth opportunities for OEM manufacturers are also expected to ramp up. The production of electric vehicles is growing at a tremendous rate in Japan. This can be one of the prime reasons which might promote the growth of automotive number plate market over the coming years in Japan.

Automotive Number Plate Market: Key Participants

  • The 3M Company
  • Eskay Engineering Solutions
  • Bestplate Ltd.
  • System Plate Manufacture Ltd.
  • H. Tönnjes E.A.S.T GmbH & CO. KG
  • Jepson & Co Ltd.
  • Pentland Component Parts Ltd.
  • Hills Numberplates Ltd.
  • Gould Group
  • Burton Motor Factors Ltd.
  • KNIERIEM B.V.
  • Eakin Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Rest of Western Europe)
  • Eastern Europe (Poland, Russia, Rest of Eastern Europe)
  • South East Asia & Pacific (Thailand, Malaysia, Philippines, Singapore, Indonesia, Australia and New Zealand, Rest of South East Asia & Pacific)
  • Japan
  • India
  • China
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Automotive Number Plate Market

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