License Plate Recognition (LPR) cameras, also known as License Plate Capture (LPC) cameras, are a specialized form a CCTV security cameras.
The LPR Cameras industry is not concentrated. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 30% of the revenue market. Regionally, Europe is the biggest production area of LPR Cameras, also the leader in the whole LPR Cameras industry.
Europe occupied 38% of the production market in 2017. It is followed by North America and Asia Pacific (Ex-China), which respectively have around 27% and 16% of the global total industry. Other countries have a small amount of production. Geographically, Europe is also the largest consumption market in the world, which took about 32% of the global consumption volume in 2017. North America shared 26% of global total.
For price trend analysis, a key variable in the performance of LPR Cameras producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
According to this study, over the next five years the LPR Cameras market will register a 8.3% CAGR in terms of revenue, the global market size will reach US$ 510 million by 2024, from US$ 340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in LPR Cameras business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of LPR Cameras market by product type, application, key manufacturers and key regions and countries.
This study considers the LPR Cameras value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mobile LPR Cameras
Fixed LPR Cameras
Portable LPR Cameras
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Traffic Management
Law Enforcement
Electronic Toll Collection
Parking Management
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Neology (3M)
Siemens
Kapsch TrafficCom
Vivotek
ARH
GeoVision
Genetec
Tattile
Bosch Security Systems
NEXCOM
HTS
Elsag
TagMaster
Petards Group
NDI Recognition Systems
Shenzhen AnShiBao
ParkingEye Limited
AlertSystems
Euro Car Parks Limited (UK)
CA Traffic
Vigilant Solutions, Inc. (US)
PaisAn
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global LPR Cameras consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of LPR Cameras market by identifying its various subsegments.
Focuses on the key global LPR Cameras manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LPR Cameras with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of LPR Cameras submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on LPR Cameras . Industry analysis & Market Report on LPR Cameras is a syndicated market report, published as Global LPR Cameras Market Growth 2019-2024. It is complete Research Study and Industry Analysis of LPR Cameras market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.