December 17, 2018: Global ANPR System Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. ANPR is abbreviated as Automatic Number Plate Recognition. ANPR is also known as Automatic Vehicle Identification (AVI), Automatic License Plate Recognition (ALPR), Car Plate Recognition (CPR), or License Plate Recognition (LPR). A technology uses optical character recognition to read the license plate or registration number on vehicles. The system is exclusively used with either, closed-circuit television or road-rule enforcement cameras. ANPR System Industry is segmented based on type, component, applications, and region. Types such as Portable ANPR Systems, Fixed ANPR Systems, and Mobile ANPR Systems classify ANPR System Industry.
The fixed ANPR systems segment accounts the largest market shares of ANPR System Market and is estimated to lead the overall market in the upcoming years. This is mainly due to the rising demand for ANPR systems for monitoring traffic and collecting data in private and parking spaces, highways, tunnels, and bridges. On the other hand, mobile ANPR systems segment is estimated to grow at highest CAGR in the upcoming years. The reason being, exclusively preferred by police and law enforcement agencies.
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A Component such as Triggers, ANPR Cameras, Frame Grabbers, ANPR Software, and others classify ANPR System Market. ANPR segment accounts the largest market shares of ANPR System Industry and is estimated to lead the overall market in the years to come. The reason being, rising demand for cameras for traffic management and law enforcement. On the other hand, ANPR Software segment estimated to grow at highest CAGR in the upcoming years as, increasing incidents of vehicle thefts and growing criminal activities.
Applications into Access Control, Traffic Management, Parking Management, Law Enforcement, Electronic Toll Collection, Security and Surveillance, and others classify ANPR System Market. The traffic management segment accounts for the largest market share of ANPR System Industry. The reason being, high demand for ANPR systems in urban areas due to high traffic congestion. Followed by Electronic toll collection, due to the growing adoption of vehicles and strict government policy by many countries.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of ANPR System in these regions, from 2013 to 2025 (forecast), covering
- United States
- EU
- China
- Japan
- South Korea
- Taiwan
Global ANPR System market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Kapsch TrafficCom AG
- Conduent
- Q-Free ASA
- Siemens AG
- Genetec
- Neology
- Bosch Security Systems GmbH
- Tattile
- TagMaster North America
- NDI Recognition Systems
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Traffic Management
- Law Enforcement
- Electronic Toll Collection
- Parking Management
Key questions answered in the report include
- What will be the market size in 2025?
- How will the market change over the forecast period and what will be the market size in 2025?
- What are the drivers and restraint associated with the market and how will these factors affect the dynamics over the forecast period?
- What are the growth areas within the market space and where should a participant focus to get maximum ROI?
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