Smart Electronic License Plate

SAN FRANCISCO, CALIFORNIA, UNITED STATES, April 26, 2023 /EINPresswire.com/ -- The smart electronic license plate is based on a unique non-contact automatic recognition technology. RFID technology was employed to create the smart electronic license plate. RFID technology-based vehicle recognition accuracy is high, it is not easily affected by the environment, there is no blind region, and it can correctly and fully gather vehicle status information and road network traffic circumstances.

𝗔𝗻 𝗨𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗣𝗗𝗙 𝗚𝘂𝗶𝗱𝗲 𝗼𝗻 𝗦𝗺𝗮𝗿𝘁 𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗣𝗹𝗮𝘁𝗲 @ https://www.coherentmarketinsights.com/insight/request-sample/4532

𝗢𝘂𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝘀:

• Updated Report Introduction, Overview, and In-depth Industry Analysis for 2030.

• 115+ page research report (including new research).

• Provide Requests guideline by chapter.

• 2023 Regional Analysis Revised with Graphical Representation of Size, Share, and Trends

• Contains an updated list of tables and figures.

• The report has been updated to include the top market players business strategies, sales volume, and revenue analysis.

𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗺𝗮𝗿𝘁 𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗣𝗹𝗮𝘁𝗲 𝗠𝗮𝗿𝗸𝗲𝘁:
Vehicle registrations are increasing year on year, which is a crucial driver driving market growth. Consumer purchasing power and strong economic growth are driving up demand for passenger cars and commercial vehicles in emerging markets such as Brazil, China, and India.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗺𝗮𝗿𝘁 𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗣𝗹𝗮𝘁𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗧𝗿𝗲𝗻𝗱𝘀
With the introduction of self-driving cars, the automobile industry has revolutionized. The license plates are the only thing that has stayed virtually unaltered throughout the last century. However, license plates are undergoing significant changes.

Companies such as ReviverMx introduced the Reviver license plate, which resembles a tablet. Smart electronic license plates have wireless connectivity, allowing them to rapidly update car registration and render license plate stickers unnecessary. Smart electronic license plates can also be linked to smart parking apps like "Smart Parking" and "Get My Parking." Tolls and parking fines can also be debited from the vehicle owner's bank account quickly with the use of the plate.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗺𝗮𝗿𝘁 𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰 𝗟𝗶𝗰𝗲𝗻𝘀𝗲 𝗣𝗹𝗮𝘁𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗧𝗮𝘅𝗼𝗻𝗼𝗺𝘆:
On the basis of Product, the Global Smart Electronic License Plate Market segmented into:
• Electronic Tags
• Monitoring Base Station

On the basis of Application, the Global Smart Electronic License Plate Market segmented into:
• Intelligent Parking System
• Intelligent Traffic Management System
• Others

Mr. Shah
Coherent Market Insights
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