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Automatic Number Plate Recognition (ANPR) Market: Key Trends, Demand, Growth, Size, Review, Share, Analysis to 2025 |The Insight Partners

12-06-2016 09:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Automatic Number Plate Recognition (ANPR) Market: Key Trends,

Automatic Number Plate Recognition (ANPR) is a surveillance system which is used to capture the image of vehicles and recognizes its license number. ANPR systems comprises of processors with optical character recognition (OCR), high-speed cameras with IR filters, user interface, application software and alert ability to inform operators in condition of a match. ANPR systems can be used with prevailing traffic cameras or as a standalone device or closed-circuit televisions. ANPR systems are used to detect and prevent crimes by the Police forces worldwide. Also, ANPR is used for observing traffic activities such as speed enforcement and traffic signal adherence and in detection of vehicles that are stolen. Depending on the design of the number plates, the ANPR technology differs from place to place.

Browse market data tables and in-depth TOC of the Automatic Number Plate Recognition (ANPR) Market to 2025 @ http://www.theinsightpartners.com/reports/automatic-number-plate-recognition-anpr-market

ANPR systems are extensively used in detection and prevention of crimes, access control and traffic enforcement. Governments are taking various initiatives to safeguard public sector by incorporating new technologies which is acting as a key driving factor for growth in the global ANPR market. Many vendors are introducing cloud based APRN systems, which provide users ease of maintenance and deployability. There is a rise in the users of ANPR systems such as apartments, gated communities and hotels. The non-uniformity in the design of the number plates across different geographical regions acts as a restraint in the growth for the global ANPR market.

The global ANPR market is bifurcated on the basis of its applications into vehicle parking, traffic management, security & surveillance and toll enforcement, by system types i.e. mobile, portable and fixed ANPR. The market for ANPR is further segmented by end-user into government (that includes traffic department, homeland security and defense) and commercial (that includes dedicated car parks, entertainment and recreation facilities). Also, the global market for ANPR is segmented by regions into North America, Europe, Asia Pacific, South America and Middle East & Africa. Vehicle parking application of ANPR is one of the major segment and increase in adoption rate of parking toll collection and parking management is expected to boost the demand for global ANPR market.

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Europe is expected to dominate the global market for ANPR in terms of revenue. While high growth in demand is expected to rise in APAC region in both government as well as commercial sector. The demand for the global ANPR market is expected to grow in the coming years with increase in installation of vehicle parking application. The manufactures are expected to enhance their operations in developing economies in the forecasted period, Some of the major players operating in the global APAC market include PIPS Technology Ltd., Siemens AG, COBAN Technologies, ARH Inc., TattileS.r.l., CA Traffic Limited, Vysionics Intelligent Traffic Solutions Ltd., Quercus Technologies, Q-Free ASA, ELSAG North America LLC, Bosch Security Systems, NDI Recognition Systems Ltd., Genetec Inc., among others.

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Few Key Points from Table of Content

Global Automatic Number Plate Recognition (ANPR) Market Revenue and Forecasts to 2025 – Applications
• Vehicle Parking
• Traffic Management
• Security & Surveillance
• Toll Enforcement

Global Automatic Number Plate Recognition (ANPR) Market Revenue and Forecasts to 2025 – System Types
• Mobile
• Portable ANPR
• Fixed ANPR

Global Automatic Number Plate Recognition (ANPR) Market Revenue and Forecasts to 2025 – End-User
• Government
• Commercial

Global Automatic Number Plate Recognition (ANPR) Market Revenue and Forecasts to 2025 – Geographical Analysis
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)

Global Automatic Number Plate Recognition (ANPR) Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments
• PIPS Technology Ltd.
• Siemens AG
• COBAN Technologies
• ARH Inc.
• TattileS.r.l.
• CA Traffic Limited
• Vysionics Intelligent Traffic Solutions Ltd.
• Quercus Technologies
• Q-Free ASA
• ELSAG North America LLC
• Bosch Security Systems
• NDI Recognition Systems Ltd.
• Genetec Inc.

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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Email: sales@theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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