Automatic License Plate Recognition Market

The global Automatic License Plate Recognition (ALPR) market was valued at US$ 1050.2 million in 2022 and is projected to reach US$ 1332.1 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Automatic License Plate Recognition Market studies the Automatic License Plate Recognition (ALPR) market.
Automatic number-plate recognition (ANPR; see also other names below) 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.
Automatic License Plate Recognition Market aims to provide a comprehensive presentation of the global market for Automatic License Plate Recognition (ALPR), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic License Plate Recognition (ALPR). Automatic License Plate Recognition Market contains market size and forecasts of Automatic License Plate Recognition (ALPR) in global, including the following market information:

• Global Automatic License Plate Recognition (ALPR) Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global top five companies in 2022 (%)

Of the major players of the Automatic License Plate Recognition (ALPR) market, Neology maintained its first place in the ranking. Neology accounted for 7% of the Global Automatic License Plate Recognition (ALPR) market share. Other players accounted for 6%, 7% including Siemens and Elsag.
We surveyed the Automatic License Plate Recognition (ALPR) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

• Mobile ALPR Systems
• Fixed ALPR Systems

• Commercial Area
• Residential Area
• Government

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

• Key companies Automatic License Plate Recognition (ALPR) revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Automatic License Plate Recognition (ALPR) revenues share in global market, 2022 (%)

key players include:

• Neology
• ZKTeco
• VenTek
• ARH Inc
• Genetec
• Motorola
• Siemens
• Bosch Security Systems
• Leonardo
• TagMaster
• NDI Recognition Systems
• ParkingEye Limited
• Outline of Major Chapters:
• Chapter 1: Introduces the definition of Automatic License Plate Recognition (ALPR), market overview.
• Chapter 2: Global Automatic License Plate Recognition (ALPR) market size in revenue.
• Chapter 3: Detailed analysis of Automatic License Plate Recognition (ALPR) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Automatic License Plate Recognition (ALPR) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: The main points and conclusions of the report.