Global Vehicle RFID Tag Market 2024-2028

The vehicle rfid tag market is forecasted to grow by USD 1891.36 mn during 2023-2028, accelerating at a CAGR of 13.92% during the forecast period. The report on the vehicle RFID tag market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in tax revenue, increasing parking-related issues, and parking system convenience for users and operators.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	12.57%
CAGR	13.92%
Incremental Value	$1891.36mn

Technavio's vehicle RFID tag market is segmented as below:

By Application

Passenger cars
Commercial vehicles

By Type

Active RFID tag
Passive RFID tag

By Geographical Landscape

APAC
North America
South America
Europe
Middle East and Africa

This study identifies the growing popularity of RFID-based license plates as one of the prime reasons driving the vehicle RFID tag market growth during the next few years. Also, integration of RFID tags with fleet management systems and the development of headlight-placed RFID tags will lead to sizable demand in the market.

The report on the vehicle RFID tag market covers the following areas:

Vehicle RFID tag market sizing
Vehicle RFID tag market forecast
Vehicle RFID tag market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vehicle rfid tag market vendors that include Alien Technology LLC, ASSA ABLOY AB, Avery Dennison Corp., Beontag Group, CAS DataLoggers, FEDRIGONI Spa, GAO Group Inc., Impinj Inc., Invengo Technology Pte. Ltd., Nedap NV, NXP Semiconductors NV, RFID Inc., SATO Holdings Corp., Shenzhen Hopeland Information Technologies Co. Ltd, SkyRFID LLC, Somfy Group, Star Systems International Ltd., TransCore, Xerafy Singapore Pte Ltd., and Zebra Technologies Corp.. Also, the vehicle rfid tag market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR41195

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global vehicle RFID tag market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global vehicle rfid tag market 2018 - 2022 ($ million)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Passenger cars - Market size and forecast 2023-2028
Exhibit 34: Chart on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
6.4 Commercial vehicles - Market size and forecast 2023-2028
Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)
Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Active RFID tag - Market size and forecast 2023-2028
Exhibit 48: Chart on Active RFID tag - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Active RFID tag - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Active RFID tag - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Active RFID tag - Year-over-year growth 2023-2028 (%)
7.4 Passive RFID tag - Market size and forecast 2023-2028
Exhibit 52: Chart on Passive RFID tag - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Passive RFID tag - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Passive RFID tag - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Passive RFID tag - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ million)
Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 South America - Market size and forecast 2023-2028
Exhibit 71: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.6 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Alien Technology LLC
Exhibit 111: Alien Technology LLC - Overview
Exhibit 112: Alien Technology LLC - Product / Service
Exhibit 113: Alien Technology LLC - Key offerings
12.4 ASSA ABLOY AB
Exhibit 114: ASSA ABLOY AB - Overview
Exhibit 115: ASSA ABLOY AB - Business segments
Exhibit 116: ASSA ABLOY AB - Key news
Exhibit 117: ASSA ABLOY AB - Key offerings
Exhibit 118: ASSA ABLOY AB - Segment focus
12.5 Avery Dennison Corp.
Exhibit 119: Avery Dennison Corp. - Overview
Exhibit 120: Avery Dennison Corp. - Business segments
Exhibit 121: Avery Dennison Corp. - Key news
Exhibit 122: Avery Dennison Corp. - Key offerings
Exhibit 123: Avery Dennison Corp. - Segment focus
12.6 Beontag Group
Exhibit 124: Beontag Group - Overview
Exhibit 125: Beontag Group - Product / Service
Exhibit 126: Beontag Group - Key offerings
12.7 FEDRIGONI Spa
Exhibit 127: FEDRIGONI Spa - Overview
Exhibit 128: FEDRIGONI Spa - Product / Service
Exhibit 129: FEDRIGONI Spa - Key offerings
12.8 GAO Group Inc.
Exhibit 130: GAO Group Inc. - Overview
Exhibit 131: GAO Group Inc. - Product / Service
Exhibit 132: GAO Group Inc. - Key offerings
12.9 Impinj Inc.
Exhibit 133: Impinj Inc. - Overview
Exhibit 134: Impinj Inc. - Product / Service
Exhibit 135: Impinj Inc. - Key offerings
12.10 Invengo Technology Pte. Ltd.
Exhibit 136: Invengo Technology Pte. Ltd. - Overview
Exhibit 137: Invengo Technology Pte. Ltd. - Product / Service
Exhibit 138: Invengo Technology Pte. Ltd. - Key offerings
12.11 NXP Semiconductors NV
Exhibit 139: NXP Semiconductors NV - Overview
Exhibit 140: NXP Semiconductors NV - Product / Service
Exhibit 141: NXP Semiconductors NV - Key news
Exhibit 142: NXP Semiconductors NV - Key offerings
12.12 RFID Inc.
Exhibit 143: RFID Inc. - Overview
Exhibit 144: RFID Inc. - Product / Service
Exhibit 145: RFID Inc. - Key offerings
12.13 SATO Holdings Corp.
Exhibit 146: SATO Holdings Corp. - Overview
Exhibit 147: SATO Holdings Corp. - Business segments
Exhibit 148: SATO Holdings Corp. - Key offerings
Exhibit 149: SATO Holdings Corp. - Segment focus
12.14 Star Systems International Ltd.
Exhibit 150: Star Systems International Ltd. - Overview
Exhibit 151: Star Systems International Ltd. - Product / Service
Exhibit 152: Star Systems International Ltd. - Key offerings
12.15 TransCore
Exhibit 153: TransCore - Overview
Exhibit 154: TransCore - Product / Service
Exhibit 155: TransCore - Key offerings
12.16 Xerafy Singapore Pte Ltd.
Exhibit 156: Xerafy Singapore Pte Ltd. - Overview
Exhibit 157: Xerafy Singapore Pte Ltd. - Product / Service
Exhibit 158: Xerafy Singapore Pte Ltd. - Key offerings
12.17 Zebra Technologies Corp.
Exhibit 159: Zebra Technologies Corp. - Overview
Exhibit 160: Zebra Technologies Corp. - Business segments
Exhibit 161: Zebra Technologies Corp. - Key news
Exhibit 162: Zebra Technologies Corp. - Key offerings
Exhibit 163: Zebra Technologies Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 166: Currency conversion rates for US$
13.4 Research methodology
Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources
13.5 List of abbreviations
Exhibit 170: List of abbreviations