Global Automatic Vehicle Identification System Market Growth (Status and Outlook) 2023-2029

Global Automatic Vehicle Identification System Market Growth (Status and Outlook) 2023-2029

Automatic Vehicle Identification (AVI) offers the opportunity to identify vehicles in various traffic situations in a secure, reliable and cost-efficient way. Different applications like electronic toll collection, access control and speed control, can benefit from AVI.

LPI (LP Information)' newest research report, the “Automatic Vehicle Identification System Industry Forecast” looks at past sales and reviews total world Automatic Vehicle Identification System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automatic Vehicle Identification System sales for 2023 through 2029. With Automatic Vehicle Identification System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Vehicle Identification System industry.

This Insight Report provides a comprehensive analysis of the global Automatic Vehicle Identification System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic Vehicle Identification System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic Vehicle Identification System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Vehicle Identification System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Vehicle Identification System.

The global Automatic Vehicle Identification System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Automatic Vehicle Identification System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automatic Vehicle Identification System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automatic Vehicle Identification System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automatic Vehicle Identification System players cover Smartrac, Infronics Systems, NXP, Nedap, FEIG ELECTRONIC, Litum, Avante, deister electronic UK Ltd. and Coselec Pte Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Vehicle Identification System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software
Services

Segmentation by application
Residential Gated Communities
Commercial and Municipal Lots
Corporate or Business Campuses
Colleges and Universities Facilities
Medical Centers and Hospitals

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Smartrac
Infronics Systems
NXP
Nedap
FEIG ELECTRONIC
Litum
Avante
deister electronic UK Ltd.
Coselec Pte Ltd

Please note: The report will take approximately 2 business days to prepare and deliver.