Amid the booming global automotive industry, license plates, essential road markings, have evolved from a simple administrative control tool into a market segment brimming with commercial potential. According to the latest industry data, the global license plate market is expected to exceed US$12 billion in 2025, with a steady annual growth rate exceeding 4%. This market boom is driven not only by the continued rise in global car ownership but also by the rise of personalized consumption and the rapid evolution of intelligent transportation technologies. For businesses interested in license plate manufacturing, distribution, or customization, a thorough understanding of the industry landscape, understanding market trends, and developing high-value business models will be key to standing out from the competition.
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