- Report ID: BMRC 766 | Number of pages: 200 | Publish Date: Feb 2020
Status: Published | Category: Automotive And Transport | Delivery Timeline:
Automotive Labels Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Automotive Labels Market place for the forecast 2020– 2025.
Rise in requirement for passenger cars is predicted to power the automotive label market during the coming period. Technical developments and need of data display in commercial vehicles are predicted to power the automotive label market during the coming period.
The printed data on fabric, paper, polymer, metal plate, or different material for acknowledgment or attached on an automotive part is dubbed as an automotive label. The labels used in the automotive sector require withstanding harsh environmental conditions and they transfer data about the dates, producer, details, and safety of the component. The demand for automotive labels is rising at a consistent speed due to rise in the requirement for smart labels, for instance, QR codes, barcodes, and RFID identifications so as to differentiate safety information, parts, and data in the automotive making. Automotive labels can be tagged on vehicles with no additional apparatus. The labels can be fitted effectively with the help of bolts or paste. Data on the labels might be easy to understand and visible, it aims to be composed with black on white or the other way around. Automotive labels are fitted on the motors, engine, chassis, and drive trains. Marks assist efficiently recognize the elements of the vehicle. These labels can be scrambled by numbers, codes, alphanumeric arrangement, or letter sets.
The global automotive labels market can be divided by application, type, sales channel, and regions vehicle type. By type, the automotive label market can be divided into dome labels, asset label, cautioning labels, marking labels, and stock names. For differentiating proof strategy, labels used are barcode, hologram, and RFID. By application, the automotive labels market can be divided into engine component labels, chassis labels, exterior labels, and interior labels.
By sales channel, the market can be divided into aftermarket and OEM. OEMs use attractive and eye-catching automotive labels in vehicles to offer data in order to elevate brand awareness. Hence, the OEM section is expected to grow during the coming period. By vehicle type, the automotive label market can be divided into commercial vehicle and passenger vehicle. The passenger vehicle section can be further sub-divided into sedan, hatchback, and SUV/MUV. Rise in requirement for passenger cars is predicted to power the automotive label market during the coming period. Technical developments and need of data display in commercial vehicles are predicted to power the automotive label market during the coming period.
The major players included in the global automotive labels market forecast are,
By Type: Warning & safety labels, Branding labels, Dome labels, Asset labels, Others
By Raw Material: Polyvinyl chloride (PVC), Polypropylene (PP), Polyethylene terephthalate (PET), Polyethylene (PE), Acrylonitrile butadiene styrene (ABS), Polyurethane (PU), Polycarbonate (PC), Others
By Mechanism: Pressure-sensitive, Glue-applied, Heat transfer, In-mold, Others
By Application: Exterior labels, Interior labels, Engine component labels, Others
By Printing Technology: Flexography, Offset, Digital printing, Screen printing, Others
By Identification Technology: RFID, Barcode, Hologram, Others
The Global Automotive Labels Market Is Seeing Growth Due To The Serious Interest For Labels During The Coming Period
The global automotive labels market is seeing growth due to the serious interest for labels and altering technical dynamics for active labels and smart labels during the coming period. Rising requirement for RFID (radio frequency identification) labels and high development in evolving nations are major factors powering the automotive labels market. Requirement for eco-friendly techniques of label production is also a major factor powering the global market. Automotive labels must be made with high caliber and exactness for their durability, as they require withstanding outrageous natural conditions. Increasing raw material prices of labels, for instance, resins, metals, colors, and polymers, acts as a limiting factor for the automotive labels market growth.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Asia Pacific Is Predicted To Show High Requirement For Automotive Labels During The Coming Period
Asia Pacific is predicted to show high requirement for automotive labels during the coming period due to rise in demand for vehicles and rising per capita revenue of the general population in the region.
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Automotive Labels Market By Type (Warning & safety labels, Branding labels, Dome labels, Asset labels), By Raw Material (PVC, PP, PET, PE, ABS, PU, PC), By Mechanism (Pressure-sensitive, Glue-applied, Heat transfer, In-mold), By Application (Exterior labels, Interior labels, Engine component labels) Forecast to 2020-2025