Automatic number-plate recognition is a technology that uses optical character recognition on images to read vehicle registration plates to create vehicle location data. It can use existing closed-circuit television, road-rule enforcement cameras, or cameras specifically designed for the task. ANPR is used by police forces around the world for law enforcement purposes, including to check if a vehicle is registered or licensed. It is also used for electronic toll collection on pay-per-use roads and as a method of cataloguing the movements of traffic, for example by highways agencies.
In 2018, the global Automatic Number Plate Recognition market size was 540 million US$ and it is expected to reach 1500 million US$ by the end of 2025, with a CAGR of 13.7% during 2019-2025.
This report focuses on the global Automatic Number Plate Recognition status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automatic Number Plate Recognition development in United States, Europe and China.
The key players covered in this study
3M Company
Siemens AG
Intelligent Traffic Solutions Ltd.
Genetec Inc.
Vigilant Solutions Inc.
Bosch Security Systems
CA Traffic Limited
ELSAG North America
COBAN Technologies
NDI Recognition Systems
Market segment by Type, the product can be split into
Security & Surveillance
Vehicle Parking
Traffic Management
Toll Enforcement
Market segment by Application, split into
Government
Commercial
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Automatic Number Plate Recognition status, future forecast, growth opportunity, key market and key players.
To present the Automatic Number Plate Recognition development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Automatic Number Plate Recognition are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automatic Number Plate Recognition. Industry analysis & Market Report on Automatic Number Plate Recognition is a syndicated market report, published as Global Automatic Number Plate Recognition Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Automatic Number Plate Recognition market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.