Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Automatic Number Plate Recognition (ANPR) System Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 9.2% during the review period (2022 to 2027).
Automatic Number Plate Recognition (ANPR) System Market Overview
ANPR works by scanning number plates at a speed of about 3,000 plates an hour and matching them against information stored in databases. The ANPR system can cross-check ANPR data with lists of driver information. These lists include details of those without valid insurance or suspects in ongoing investigations. In addition to immediate cross-checking for problem cases, the data may be retained for future use in criminal investigations. This data can be used for data mining in a number of ways: real-time and retrospective vehicle tracking; identifying all vehicles that have taken a particular route during a particular time frame; identifying all vehicles present in a particular place at a particular time; verifying alibis, locating offenders or identifying potential witnesses; linking individuals to identify vehicles traveling in convoy; and subject analysis when ANPR data is integrated with other sources of data (CCTV, communications analysis, financial analysis) to create an in-depth profile of an individual.
Who are the Major Players in Automatic Number Plate Recognition (ANPR) System Market?
Top Key players in the Automatic Number Plate Recognition (ANPR) System Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes NDI Recognition Systems, Intelligent Traffic Solutions, Vigilant Solutions, Siemens AG, PIPS Technology, Q-Free ASA, Genetec, Bosch Security Systems, Tattile Srl, 3M, Vysionics Intelligent Traffic Solutions, Genetec, COBAN Technologies, ELSAG North America, Kapsch TrafficCom, CA Traffic Limited, ,
Industry News:
Major ANPR camera contract placed with Siemens ITS
Poole, UK, 2017-Feb-02 - The cameras will be installed into a logistics environment as part of a larger project, which also involves the installation of Radio Frequency Identification (RFID) devices supplied by the Siemens Process Industries and Drives Division.
An order for 175 Sicore Automatic Number Plate Recognition (ANPR) cameras has been placed with Siemens ITS by 7iD, an Austrian system integration company based in Graz. This follows more than seven months of trials including a technical proof of concept against a number of competitors in the market where Siemens’ ANPR performance in both detection and read rate tested successfully.
What are the major Applications, Types and Regions for Automatic Number Plate Recognition (ANPR) System Market?
By Type, it is segmented into
- ANPR Camera
- ANPR Software
- Video Capture Device
- Trigger
- By Applications
- Traffic Control
- Method Implementation
- Automatic Fees Collection (ETC)
- Parking Lot Management
- Access Control
- Others
Automatic Number Plate Recognition (ANPR) System Market Regional Analysis
the automatic number plate recognition (ANPR) system market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Europe is expected to dominate the overall automatic number plate recognition (ANPR) system market owing to the increased adoption of ANPR system for traffic management. While Asia Pacific is expected to register the highest growth attributable to increasing public infrastructure and high construction. Additionally, Japan has been using this system since last 10 years for calculating the journey time. India has also started deploying ANPR system in traffic management and on highways. These factors support the growth of market in the region.
All these factors greatly affect the Automatic Number Plate Recognition (ANPR) System Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Automatic Number Plate Recognition (ANPR) System Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automatic Number Plate Recognition (ANPR) System Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Automatic Number Plate Recognition (ANPR) System Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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- CAGR of 9.2 % during the review period (2022 to 2027).
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By Type
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- ANPR Camera
- ANPR Software
- Video Capture Device
- Trigger
- Other
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By Applications
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- Traffic Control
- Method Implementation
- Automatic Fees Collection (ETC)
- Parking Lot Management
- Access Control
- Others
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By Companies
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NDI Recognition Systems, Intelligent Traffic Solutions, Vigilant Solutions, Siemens AG, PIPS Technology, Q-Free ASA, Genetec, Bosch Security Systems, Tattile Srl, 3M, Vysionics Intelligent Traffic Solutions, Genetec, COBAN Technologies, ELSAG North America, Kapsch TrafficCom, CA Traffic Limited,
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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118
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Healthcare IT Report
- Evaluate Automatic Number Plate Recognition (ANPR) System Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Automatic Number Plate Recognition (ANPR) System Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Automatic Number Plate Recognition (ANPR) System Market is studied from 2017 - 2027.
What is the growth rate of Automatic Number Plate Recognition (ANPR) System Market?
The Automatic Number Plate Recognition (ANPR) System Market is growing at a CAGR of 9.2% over the next 5 years.
Who are the key players in Automatic Number Plate Recognition (ANPR) System Market?
, NDI Recognition Systems, Intelligent Traffic Solutions, Vigilant Solutions, Siemens AG, PIPS Technology, Q-Free ASA, Genetec, Bosch Security Systems, Tattile Srl, 3M, Vysionics Intelligent Traffic Solutions, Genetec, COBAN Technologies, ELSAG North America, Kapsch TrafficCom, CA Traffic Limited, ,
What region does this Automatic Number Plate Recognition (ANPR) System Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Automatic Number Plate Recognition (ANPR) System Market?
- ANPR Camera, ANPR Software, Video Capture Device, Trigger, Other,, Others
What are the major Applications of Automatic Number Plate Recognition (ANPR) System Market?
- Traffic Control, Method Implementation, Automatic Fees Collection (ETC), Parking Lot Management, Access Control,Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
