Market Overview

Global Automotive Labels Market 2018-2022| Smart Label Technologies to Boost Growth| Technavio

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Technavio
market research analysts forecast the global automotive labels market to
grow at a CAGR of almost 5% during the forecast period.

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Technavio has published a new market research report on the global automotive labels market from 201 ...

Technavio has published a new market research report on the global automotive labels market from 2018-2022. (Photo: Business Wire)

The emergence of smart label technologies is one of the major trends
being witnessed in the global
automotive labels market 2018-2022
. Technological advancements
involved in the creation of smart labels, which can communicate with
scanning devices are impacting the automotive labeling industry.
Technologies such as NFC, QR, and RFID are used for storing basic
information that cannot be printed on labels.

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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global automotive labels market is the growth of the
automotive industry:

Global automotive labels market: Growing
automotive industry

The automotive industry is expanding in emerging economies and this is
resulting in an increase in the number of vendors in the supply chain.
Powertrain electrification is anticipated to be the most substantial
trend during the forecast period. This will cause an increase in the
adoption of electric components in cars.

According to a senior analyst at Technavio for research on packaging,
"The increase in the adoption of smart label technologies has allowed
the tracking of spare parts using RFID or NFC technologies. This will
lead to an increase in the use of pressure-sensitive labels where these
technologies can be included. Many automotive companies have
well-defined specifications of spare part labels for their suppliers."

Global automotive labels market: Segmentation
analysis

The global automotive labels market research report provides market
segmentation by type (pressure-sensitive labels, heat transfer labels,
and in-mold labels) and by region (the Americas, APAC, and EMEA). It
provides an in-depth analysis of the prominent factors influencing the
market, including drivers, opportunities, trends, and industry-specific
challenges.

Of the three major types, the pressure-sensitive labels segment held the
largest market share in 2017, accounting for over 43% of the market.
This segment will dominate the global market throughout the forecast
period.

APAC held the largest share of the market in 2017, accounting for more
than 52% share. It was followed by the Americas and EMEA respectively.
APAC is expected to project the highest incremental growth during the
forecast period when compared to the other regions.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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