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Download Free sampleThe global Automatic Number Plate Recognition (ANPR) Cameras market was valued at US$ 300.7 million in 2022 and is projected to reach US$ 500.8 million by 2029, at a CAGR of 7.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Automatic Number Plate Recognition (ANPR) is a surveillance system with primary capability of capturing the image of vehicles and identifies their license number. ANPR systems consist of high-speed cameras with IR filters, processors capable of performing optical character recognition (OCR), application software, user interface, and an alert capability to notify operators in case of a match. ANPR systems can be a standalone device or can be used with existing traffic enforcement cameras or closed-circuit televisions and are used by the police forces across the globe to prevent and detect crimes. These systems are also used for electronic toll collection on roads and for monitoring traffic activities such as red light adherence and speed enforcement. Additionally, ANPR systems can assist in the detection of stolen vehicles. The ANPR technology varies from location to location depending on the designs of number plates.
And we statistic ANPR Camera in Automatic Number Plate Recognition Cameras Market
Automatic Number Plate Recognition Cameras Market aims to provide a comprehensive presentation of the global market for Automatic Number Plate Recognition (ANPR) Cameras, 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 Number Plate Recognition (ANPR) Cameras. Automatic Number Plate Recognition Cameras Market contains market size and forecasts of Automatic Number Plate Recognition (ANPR) Cameras in global, including the following market information:
Global Automatic Number Plate Recognition (ANPR) Cameras Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automatic Number Plate Recognition (ANPR) Cameras Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automatic Number Plate Recognition (ANPR) Cameras companies in 2022 (%)
Major manufacturers of Automatic License Plate Recognition (ANPR) cameras are Neology, Siemens, Kapsch Trafficcom, ARH and Geovision.The top three have about 25% of the market.
Europe is the main market, accounting for about 35%, followed by Europe and the United States, about 25%.
We surveyed the Automatic Number Plate Recognition (ANPR) Cameras manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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