Report Id: TMANPRSM1017
Automatic Number Plate Recognition (ANPR) System Market By Technology Analysis (Fixed, Mobile, Portable); By Application Analysis (Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management) and by Regional Analysis - Global Forecast by 2022-2027
The Global ANPR system market is expected to be around US$ 4.5 Billion by 2027 at a CAGR of 9.74% in the given forecast period.
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Major Players
- Conduent
- Neology
- KapschTrafficCom AG
- Siemens AG
- Q-Free ASA
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
9
REPORT DESCRIPTION
ANPR system is a technology that is used to read vehicle registration plates through the optical character recognition on images. This system uses the existing closed-circuit television, road-rule enforcement cameras, or cameras specifically designed for the task. ANPR system is usually used by police forces all over the world for law enforcement purposes, where it performs the task to check if a vehicle is registered or licensed. It is also used in the places where electronic toll collection and pay-per-use roads are executed.
How Big is The Global Automatic Number Plate Recognition (ANPR) System Market?
The Global ANPR system market is expected to be around US$ 4.5 Billion by 2027 at a CAGR of 9.74% in the given forecast period.
The major driving factors of global ANPR system market are as follows:
- Growth in high technological security
- Allocation of funds from governments for intelligent transport system (ITS)
- Large number of players engaged in the production of an integrated ANPR system
- Demand from end users such as traffic management, parking management, toll collection
The restraining factors of global ANPR system marketare as follows:
- Major restraint of ANPR is non-uniformity of number plate with respect to their text pattern, design, and font size
- Developers are incapable to overcome this issue at the time of development of ANPR systems
The global ANPR system market is segmented on the lines of its technology, treatment, application and regional. Based on technology segmentation it covers (Fixed, Portable, Mobile); and based on end user/application it covers (Law Enforcement, Traffic Management, Electronic Toll Collection, Parking Management and other application). The global ANPR system marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for ANPR system and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for global ANPR system market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Report scope:
The scope of the report includes a detailed study of global and regional markets on ANPR Marketwith the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Conduent, KapschTrafficCom AG, Siemens AG, Q-Free ASA, Genetec, Bosch Security Systems GmbH, Neology, TagMaster North America, Tattile, NDI Recognition Systems, Euro Car Parks Limited, Quercus Technologies, Vigilant Solutions, Elsag North America, ARH, Digital Recognition System, Beltech
ANPR International, HTS, FF Group. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The global ANPR system markethas been segmented as below:
By Technology Analysis:
- Fixed
- Mobile
- Portable
By Application Analysis:
-
- Electronic Toll Collection
- Parking Management
- Traffic Management
- Law Enforcement
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all global ANPR system market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of global ANPR system market data.
4) Assess your competitor’s refining portfolio and its evolution.
Customization:
We can offer you custom research reports as per client’s special requirements.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Lucrative Opportunities in the ANPR System Market
4.2 ANPR System Market – Comparison of Growth Pattern of ANPR Applications
4.3 APAC ANPR System Market, By Country & Application
4.4 Market Share of Major Countries, 2016
4.5 ANPR System Market, By Type, 2017 vs 2023
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Deployment of ANPR Systems in Security and Surveillance, and Traffic Enforcement Applications
5.2.1.2 Infrastructure Growth in Emerging Economies
5.2.1.3 Increasing Allocation of Funds By Various Governments on Its
5.2.1.4 Growing Usage of Video Analytics Technology for Intelligent Monitoring of Vehicles
5.2.2 Restraints
5.2.2.1 Inconsistency in Number Plate Designs
5.2.3 Opportunities
5.2.3.1 Integration of Parking Spaces With Automated Technology
5.2.3.2 Increase in the Use of Cloud-Base Storage Services
5.2.4 Challenges
5.2.4.1 Misinterpretation of Ambiguous Characters on Number Plates
5.3 Value Chain Analysis
6 ANPR System Market, By Type
6.1 Introduction
6.2 Fixed ANPR Systems
6.3 Mobile ANPR Systems
6.4 Portable ANPR Systems
7 ANPR System Market, By Component
7.1 Introduction
7.2 ANPR Cameras
7.3 ANPR Software
7.4 Frame Grabbers
7.5 Triggers
7.6 Others
8 ANPR System Market, By Application
8.1 Introduction
8.2 Traffic Management
8.3 Law Enforcement
8.4 Electronic Toll Collection
8.5 Parking Management
8.6 Access Control
9 ANPR System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of APAC
9.5 RoW
9.5.1 South America
9.5.2 Middle East
9.5.3 Africa
10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking Analysis, 2016
10.3 Competitive Leadership Mapping, 2016
10.3.1 Visionary Leaders
10.3.2 Dynamic Differentiators
10.3.3 Innovators
10.3.4 Emerging Companies
10.4 Competitive Benchmarking
10.4.1 Business Strategies Excellence
10.4.2 Strength of Product Portfolio
11 Company Profiles
11.1 Introduction
11.2 Bosch Security Systems, Inc.
11.3 KAPSCH TrafficCom AG
11.4 Q-Free ASA
11.5 Siemens AG
11.6 Genetec Inc.
11.7 ARH Inc.
11.8 Neology, Inc.
11.9 NDI Recognition Systems
11.10 Vigilant Solutions, Inc.
11.11 Elsag North America, LLC
11.12 Tattile SRL
11.13 Digital Recognition Systems Ltd.
11.14 Conduent, Inc.
The global ANPR system markethas been segmented as below:
By Technology Analysis:
- Fixed
- Mobile
- Portable
By Application Analysis:
-
- Electronic Toll Collection
- Parking Management
- Traffic Management
- Law Enforcement
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Automatic Number Plate Recognition (ANPR) System Market?
The market is expected to grow at a CAGR of 9.74% during the study period (2022-2027)
How big is the Automatic Number Plate Recognition (ANPR) System Market value?
The Global ANPR system market is expected to be around US$ 4.5 Billion by 2027.
What is the segment’s covered for the Automatic Number Plate Recognition (ANPR) System Market?
The segment included in Automatic Number Plate Recognition (ANPR) System Market is Technology, Application and region.
Who are the major key vendors in the Automatic Number Plate Recognition (ANPR) System Market?
Some key players operating in the Automatic Number Plate Recognition (ANPR) System Market include Conduent, KapschTrafficCom AG, Siemens AG, Q-Free ASA, Genetec, Bosch Security Systems GmbH, Neology, TagMaster North America, Tattile, NDI Recognition Systems
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