COMPANIES COVERED
3M CompanyDownload FREE Report Sample
Download Free sampleAutomatic 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.
Scope of the Report:
Automatic Number Plate Recognition Market studies the Automatic Number Plate Recognition market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; Automatic Number Plate Recognition Market analyzes the top players in global market, and splits the Automatic Number Plate Recognition market by product type and applications/end industries.
The global Automatic Number Plate Recognition market is valued at 540 million USD in 2021 and is expected to reach 1180 million USD by the end of 2027, growing at a CAGR of 14.1% between 2021 and 2027.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Automatic Number Plate Recognition.
Europe also play important roles in global market, with market size of xx million USD in 2021 and will be xx million USD in 2027, with a CAGR of xx%.
Market Segment by Companies, Automatic Number Plate Recognition Market covers
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 Regions, regional analysis covers
North America (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)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Security & Surveillance
Vehicle Parking
Traffic Management
Toll Enforcement
Market Segment by Applications, can be divided into
Government
Commercial
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
