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Vehicle RFID Tag Market to Grow By 26.32 mn Units Between 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast | TechnavioTechnavio has been monitoring the vehicle RFID tag (News - Alert) market and it is poised to grow by 26.32 mn units during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201125005650/en/ Technavio has announced its latest market research report titled Global Vehicle RFID Tag Market 2020-2024 (Graphic: Business Wire) Click & Get Free sample report in minutes Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the vehicle RFID tag market. The market growth in 2020 is likely to increase compared to the market growth in 2019. Frequently Asked Questions:
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View market snapshot before purchasing The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Avery Dennison Inc., Confidex Ltd., GAO Group Inc., Honeywell International Inc., Infotek Software & Systems (P) Ltd., Omnia Technologies Pvt. Ltd., Paragon Group Ltd., RAMP, SIVA Group, and Smartrac NV are some of the major market participants. The use of RFID tag to solve parking-related issues will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this vehicle RFID tag market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Vehicle RFID Tag Market 2020-2024: Segmentation Vehicle RFID Tag Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41195 Vehicle RFID Tag Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The vehicle RFID tag market report covers the following areas:
This study identifies the integration of RFID tags with fleet management systems (FMS) as one of the prime reasons driving the vehicle RFID tag market growth during the next few years. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Vehicle RFID Tag Market 2020-2024: Key Highlights
Table of Contents: Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201125005650/en/ |