Wiseguyreports.Com Publish New Market Research Report On -“Automatic Number Plate Recognition (ANPR) Market 2019 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2025”
— Automatic Number Plate Recognition (ANPR) Market 2019
Speaking about the Automatic Number Plate Recognition (ANPR) system, it generally works based on the OCR- Optical
Character Recognition Technology. This technology helps in reading the number plates and also obtain the number plate’s alphanumeric characters. ANPR system can use Close Circuit Televisions or a specially designed camera. The system uses infrared lighting, which let the camera to capture images as well as identify the character printed on the number plate. Users can configure the camera to capture the photos of the person driving the vehicles. Besides, with the advancement in technology, the systems are also getting more advanced.
This report focuses on the global top players, covered
KAPSCH TrafficCom AG
Elsag North America, LLC
Vigilant Solutions, Inc.
Bosch Security Systems, Inc.
Digital Recognition Systems Ltd.
NDI Recognition Systems
The powerful infrared lighting can even capture images of the car or bikes moving at high speed. The system utilizes some special kind of algorithms which enables the software for automatic number plate detection to detect and read the number of plates. The number of applications of this system is increasing with time. The ANPR system is widely used in the field of toll collection, traffic monitoring, law enforcement, and more. In general, deployment of this system takes places in two different methods.
One method lets the whole process to be carried out at lane location while another method transmits all the images from different lanes to a remote computer address. However, with the rising concern about security issues, the demand for ANPR also has increased. So, in the year 2017, the market value was USD 669.17 million. However, now, it is expected to reach $ 1,654.35 million by the end of 2025. The CAGR will be 12.0% during the forecast period.
Global Market Segmentation
The Global Automatic Number Plate Recognition (ANPR) Market is segmented based on Type, Application, and Regions.
Based on Type, ANPR is split into Fixed ANPR System, Mobile ANPR System, and Portable ANPR System.
Considering the system application, it is segmented into Law Enforcement, Access Control, Traffic Management, Electronic Toll Collection, and Parking Management.
Regional Market Segmentation of the System
Based on regions, the World Automatic Number Plate Recognition (ANPR) system market is segmented into China, Japan, North America, Latin America, Europe, India, Western Europe, Asia Pacific, United States, and Others.
As per the report, North America and Europe ANPR System markets are dominating the global market as compared to other regions’ market. The reason is these regions are quite fast in the adoption of the latest technologies. On the other side, the Automatic Number Plate Recognition (ANPR) system market in the Asia Pacific region is expected to have a massive potential from 2019 to 2025. The market in Latin America and the Middle East are expected to witness positive growth until 2025.
Latest Industry Updates
In 2017, the leading ANPR system manufacturing company, 3M introduced its all-new revolutionary ANPR camera.
In the year 2017, Siemens completed deployment of permanent average speed enforcement system throughout London to reduce the accident cases.
In 2017, Q-Free joined Queensland Department of Transport and Main Roads and initiated third Australian C-ITC (Cooperative ITS). Besides, in the same year, Q-Free’s ALPR system got certified to work with C2P, US-based software Development Company.
Table of Contents –Analysis of Key Points
1 Automatic Number Plate Recognition (ANPR) Market Overview
2 Manufacturers Profiles
3 Global Automatic Number Plate Recognition (ANPR) Market Competition, by Players
4 Global Automatic Number Plate Recognition (ANPR) Market Size by Regions
5 North America Automatic Number Plate Recognition (ANPR) Revenue by Countries
6 Europe Automatic Number Plate Recognition (ANPR) Revenue by Countries
7 Asia-Pacific Automatic Number Plate Recognition (ANPR) Revenue by Countries
8 South America Automatic Number Plate Recognition (ANPR) Revenue by Countries
9 Middle East and Africa Revenue Automatic Number Plate Recognition (ANPR) by Countries
10 Global Automatic Number Plate Recognition (ANPR) Market Segment by Type
11 Global Automatic Number Plate Recognition (ANPR) Market Segment by Application
12 Global Automatic Number Plate Recognition (ANPR) Market Size Forecast (2019-2025)
13 Research Findings and Conclusion
List of Tables and Figures
Name: Norah Trent
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