Global Vehicle License Plate Market Growth 2025-2031
The global Vehicle License Plate market size is predicted to grow from US$ 606 million in 2025 to US$ 901 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.
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.
Europe is the largest vehicle license plate market with about 28% market share. North America is follower, accounting for about 23% market share.The key manufacturers 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 etc. Top 5 companies occupied about 50% market share.
LP Information, Inc. (LPI) ' newest research report, the “Vehicle License Plate Industry Forecast” looks at past sales and reviews total world Vehicle License Plate sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle License Plate sales for 2025 through 2031. With Vehicle License Plate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle License Plate industry.
This Insight Report provides a comprehensive analysis of the global Vehicle License Plate 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 Vehicle License Plate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle License Plate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle License Plate and breaks down the forecast by Material, 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 Vehicle License Plate.
This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle License Plate market by product type, application, key manufacturers and key regions and countries.
Segmentation by Material:
Aluminum License Plate
Plastic License Plate
Others
Segmentation by Application:
Passenger Vehicles
Commercial Vehicles
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 analysing the company's coverage, product portfolio, its market penetration.
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
UTAL
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vehicle License Plate market?
What factors are driving Vehicle License Plate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vehicle License Plate market opportunities vary by end market size?
How does Vehicle License Plate break out by Material, by Application?