Vehicle License Plate Market: By Type (Aluminum License Plate, Plastic License Plate, Other), By Application (Passenger Vehicles, Commercial Vehicles), and Geography - Vehicle License Plate Market

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Vehicle License Plate Market size was valued at USD x million in 2023 and is poised to grow at a significant CAGR of 5.3% from  2024-2030. Each car is registered with a number and information on its number plate. Its primary purpose is to determine the region to which the car belongs based on the licence plate and to verify the owner and registration details of the vehicle. These vehicle licence plates can be created from a variety of materials, such as aluminium sheets and preprinted adhesive sheeting. Different governments have departments that are responsible for issuing, numbering, and colouring vehicle licence plates.

Additionally, when it comes to two-wheelers, the installation side, or whether the plate is mounted on the front or back side of the vehicle, often determines the size of such Vehicle licence plates. Additionally, the majority of nations use the car licence plates to indicate usage limitations, vehicle class information, and owner weight. The standard thickness and size of the vehicle licence plate mounting on the vehicle determine the design of the vehicle licence plates. These vehicle number plates are typically produced either by stamping, which involves inking numbers and characters onto a metal plate, or by applying preprinted number sheets to the metal plate. During the forecast period, there will be numerous prospects for growth in the vehicle licence plate market. The global production and sales of automotive vehicles have a direct impact on the licence plate market.The market for automotive vehicle licence plates is anticipated to expand over the course of the assessment period due to the increase in automotive vehicle sales over the previous years. Due to rising disposable incomes among the world's population, the fleet of automobiles has also grown dramatically in the recent years. However, automakers are now supplying cars with a licence plate already affixed, which will further limit the market's potential for expansion. The market's growth is predicted to be hampered throughout the expected period by the restriction on plastic materials.

Vehicle License Plate Market Key Developments:

  • In March 2022, Genetec unveiled the Auto Vu ShapeZ3 mobile automated number plate recognition system, which provides novel insight into vehicle awareness and analytics.

Vehicle License Plate Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.3%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Vehicle License Plate Market Dynamics

Rising global vehicle demand and sales, as well as rising demand for passenger cars and lightweight vehicles, have resulted in a market value increase from 2023 to 2029. Furthermore, the increasing pace of commerce and distribution of products and commodities will boost the trade of transport and carriers, which, combined with the increased use of lightweight and visually attractive number plates, is expected to drive the market's growth. Government restrictions for the installation of number plates on cars become increasingly restrictive, which dampens market growth throughout the anticipated period.

Vehicle License Plate Market Segmentation

By Type
  • Aluminum License Plate
  • Plastic License Plate
  • Other
By Application
  • Passenger Vehicles
  • Commercial Vehicles
By Geography
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA
LOCATION

Geography

Frequently Asked Questions

The vehicle license plate market size was valued at USD x million in 2023

The vehicle license plate market key players are: UTSCH, ADVICS CO., LTD. Samar't UK. EHA Group Bestplate SPM Groupe Rosmerta Technologies Limited Nachiappa Impressions Jepson & Co. Ltd aiHit Ltd. Continental AG. Robert Bosch GmbH Brembo S.P.A. TÖNNJES E.A.S.T. INFRASTRUKTUR INVEST GmbH Orbiz Irwin Hodson Group

The vehicle license plate market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Vehicle License Plate Market Introduction 
2.1.Global Vehicle License Plate Market  - Taxonomy
2.2.Global Vehicle License Plate Market  - Definitions
2.2.1.Type 
2.2.2.Application
2.2.3.Geography
2.2.4.Region
3.Global Vehicle License Plate Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Vehicle License Plate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Vehicle License Plate Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Aluminum License Plate
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Plastic License Plate
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Other
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Vehicle License Plate Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Passenger Vehicles
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Commercial Vehicles
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Vehicle License Plate Market  By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. The Asia Pacific
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. MEA
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Vehicle License Plate Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Vehicle License Plate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Aluminum License Plate
9.1.2.Plastic License Plate
9.1.3.Other
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Passenger Vehicles
9.2.2.Commercial Vehicles
9.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.North America
9.3.2.Europe
9.3.3.The Asia Pacific
9.3.4.Latin America
9.3.5.MEA
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Vehicle License Plate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Aluminum License Plate
10.1.2.Plastic License Plate
10.1.3.Other
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Passenger Vehicles
10.2.2.Commercial Vehicles
10.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.North America
10.3.2.Europe
10.3.3.The Asia Pacific
10.3.4.Latin America
10.3.5.MEA
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11.Asia Pacific (APAC) Vehicle License Plate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Aluminum License Plate
11.1.2.Plastic License Plate
11.1.3.Other
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Passenger Vehicles
11.2.2.Commercial Vehicles
11.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.North America
11.3.2.Europe
11.3.3.The Asia Pacific
11.3.4.Latin America
11.3.5.MEA
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Vehicle License Plate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Aluminum License Plate
12.1.2.Plastic License Plate
12.1.3.Other
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Passenger Vehicles
12.2.2.Commercial Vehicles
12.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.North America
12.3.2.Europe
12.3.3.The Asia Pacific
12.3.4.Latin America
12.3.5.MEA
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Vehicle License Plate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Aluminum License Plate
13.1.2.Plastic License Plate
13.1.3.Other
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Passenger Vehicles
13.2.2.Commercial Vehicles
13.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.North America
13.3.2.Europe
13.3.3.The Asia Pacific
13.3.4.Latin America
13.3.5.MEA
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.UTSCH, ADVICS CO., LTD.
14.2.2.Samar't UK.
14.2.3.EHA Group
14.2.4.Bestplate
14.2.5.SPM Groupe
14.2.6.Rosmerta Technologies Limited
14.2.7.Nachiappa Impressions
14.2.8.Jepson & Co. Ltd
14.2.9.aiHit Ltd.
14.2.10.Continental AG.
14.2.11.Robert Bosch GmbH
14.2.12.Brembo S.P.A.
14.2.13.TÖNNJES E.A.S.T. INFRASTRUKTUR INVEST GmbH
14.2.14.Orbiz
14.2.15.Irwin Hodson Group
15. Research Methodology 
16. Appendix and Abbreviations 
  • UTSCH, ADVICS CO., LTD.
  • Samar't UK.
  • EHA Group
  • Bestplate
  • SPM Groupe
  • Rosmerta Technologies Limited
  • Nachiappa Impressions
  • Jepson & Co. Ltd
  • aiHit Ltd.
  • Continental AG.
  • Robert Bosch GmbH
  • Brembo S.P.A.
  • TÖNNJES E.A.S.T. INFRASTRUKTUR INVEST GmbH
  • Orbiz
  • Irwin Hodson Group

Adjacent Markets