Global Digital License Plate Market 2022-2030

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     A vehicle-mounted identification device called an electronic license plate, sometimes known as a digital display license plate, produces a radio signal for the purpose of tracking and digital monitoring.

    infographic:Digital License Plate Market, Digital License Plate Market Size, Digital License Plate Market Trends, Digital License Plate Market Forecast, Digital License Plate Market Risks, Digital License Plate Market Report, Digital License Plate Market Share


    The idea is to replace conventional metal and plastic license plates with a variety of patents that include cutting-edge characteristics.


    Beyond just serving as identification, electronic license plates may also have other features. Examples of its potential uses include information delivery, prepaid services, and enhanced security. An identification sign put on automobiles called a digital license plate generates a wireless signal that is utilized for tracking and digital monitoring services.


    Numerous patents with cutting-edge features that aim to replace conventional metallic and plastic license plates have been published.




    The Global Digital license plate market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.



    The maker of the digital license plate, Reviver, has announced that owners of commercial vehicles in the state of Texas can now purchase its whole line of products.


    In Texas, commercial enterprises have access to an expanding range of personalisation, practicality, and security capabilities supplied via the digital plate. The launch of this product was made possible by legislative permission and tight coordination with the Texas Department of Motor Vehicles.


    Texas has granted Reviver’s digital license plates permission to be used on commercial cars, and they are authorized for usage on all roads in the US, Canada, and Mexico. Through RFleet, which combines the RPlate, a tamper-proof digital license plate device with integrated telemetry features, and the RFleet Software Dashboard, commercial fleet firms can access digital license plates.


    A comprehensive set of telematics and safety features, automated vehicle registration and compliance, and other features specifically geared at enterprises managing vehicle fleets are all available through RFleet.


    The only completely digital registration renewal solution available in RFleet. Fleet managers may renew all of their fleet’s vehicle registrations in one location thanks to the elimination of physical tags and stickers. In Texas, not all of these services are presently completely accessible.


    Neology, Inc., a top supplier of integrated solutions for tolling, electronic vehicle registration, and public safety applications, has purchased the tolling and automated license/number plate recognition businesses from 3M. Neology is a division of SMARTRAC, a portfolio company managed by middle-market private equity firm One Equity Partners.


    Its tolling solutions include lane controller and host software, RFID readers and tags, automatic vehicle classification systems, back office software and services. Additionally, it offers services, software, and mobile and fixed cameras for automatic licence plate identification.


    In order to ensure that the city’s buses run more efficiently, free from other cars, in bus-only lanes, Siemens Mobility was able to combine and adapt GPS, Geo-fencing, and ALPR (Automated License Plate Recognition) into a creative and significantly more effective solution.


    This app has extensive video capabilities that record images, videos, and position data in addition to Siemens Mobility’s LaneWatch cameras that record licence plate details of vehicles that block bus lanes.


    The next-generation mobile ALPR (automatic licence plate recognition) system will be unveiled by Genetec Inc., a top provider of unified security, public safety, operations, and business intelligence software.


    The new Genetec AutoVu SharpZ3 is one of the first specialised in-vehicle ALPR systems in the world to employ Intel’s most recent deep learning and computer vision technologies. It is powered by Intel Movidius Myriad X VPU (Vision Processing Unit).


    The AutoVu SharpZ3 system’s deep learning capabilities will allow for higher levels of innovation in in-vehicle analytics, situational awareness, and accuracy. The AutoVu SharpZ3 technology will be able to rapidly identify other statistics like vehicle type, colour, and more in addition to being able to scan licence plates more accurately in challenging conditions.





    1. What is the average cost per Global Digital license plate market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a Global Digital license plate market in the US, Europe and China?
    3. How many Global Digital license plate markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a Global Digital license plate market and key vendor selection criteria
    6. Where is the Global Digital license plate market  manufactured? What is the average margin per equipment?
    7. Market share of Global Digital license plate market manufacturers and their upcoming products
    8. The most important planned Global Digital license plate market in next 2 years
    9. Details on network of major Global Digital license plate market and pricing plans
    10. Cost advantage for OEMs who manufacture Global Digital license plate market in-house
    11. 5 key predictions for next 5 years in Global Digital license plate market
    12. Average B-2-B Global Digital license plate market price in all segments
    13. Latest trends in Global Digital license plate market, by every market segment
    14. The market size (both volume and value) of the Global Digital license plate market in 2022-2030 and every year in between?
    15. Global production breakup of Global Digital license plate market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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