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The Global vehicle RFID tag MARKET is expected to grow by USD 26.32 mn units during 2020-2024, progressing at a CAGR of 7% during the forecast period

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Global Vehicle RFID Tag Market 2020-2024 The analyst has been monitoring the global vehicle rfid tag market and it is poised to grow by USD 26. 32 mn units during 2020-2024, progressing at a CAGR of 7% during the forecast period.

New York, March 02, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global vehicle RFID tag Market 2020-2024" - https://www.reportlinker.com/p05657980/?utm_source=GNW
Our reports on global 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in tax revenue.In addition, solving parking-related issues is anticipated to boost the growth of the global vehicle rfid tag market as well.

Market Segmentation
The global vehicle rfid tag market is segmented as below:
Application:
o Passenger Cars

o Commercial Vehicles

Geographic Segmentation:
o APAC

o Europe

o MEA

o North America

o South America

Key Trends for global vehicle rfid tag market growth
This study identifies solving parking-related issues as the prime reasons driving the global vehicle rfid tag market growth during the next few years.

Prominent vendors in global vehicle rfid tag market
We provide a detailed analysis of around 25 vendors operating in the global vehicle rfid tag market, including some of the vendors such as 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 .
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.
Read the full report: https://www.reportlinker.com/p05657980/?utm_source=GNW

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