Automatic Number Plate Recognition (ANPR) Market Opportunities with emerging trends and Strategic Growth Forecast to 2025

ANPR market is expected to grow US$ 1654.4 million by 2025 from US$ 643.1 million in 2016. The sales of ANPR is largely influenced by numerous factors. Amongst the factors, application markets influence their sales. Vehicle Parking, Traffic Management, Security & Surveillance and Toll Enforcement are the applications for ANPR. These applications are expected to have a large impact on the growth of ANPR market.

Potentially, security & surveillance and traffic management present larger opportunities as compared to other applications due to increasing traffic and increasing crime related activities. Law enforcement agencies need a better technology for better traffic management and detecting the verdict in the cases of crimes. Thus, these two sectors present bundle of opportunities for the ANPR vendor’s growth.

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Some of the major players operating in the market are 3m Company, ARH, Inc., COBAN Technologies, Inc., Digital Recognition Systems, Ltd., Genetec, Inc., Jenoptik AG, Q-Free ASA, Siemens AG, Tattile S.R.L, Vigilant Solutions

ANPR market by end-user vertical is segmented into Government and Commercial. Government agencies and private companies have been looking for a better solution for providing better surveillance & security and management and reduce human effort for the same. Thus, a progress in the direction of better security and management is expected to drive the ANPR market.

The market study also covers the critical details on the positions and hold of the influence of the top ten players on the Automatic Number Plate Recognition (ANPR) market. It provides detailed analysis of these global players covering their market share, financial statements for last three years, recent developments and product launches for the past five years, a descriptive SWOT analysis, and the competitive landscape in detail. The report intends to give readers an accurate picture of the market and its state in the coming years.

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Table of Contents

  1. Introduction
  2. Key Takeaways
  3. Automatic Number Plate Recognition (ANPR) Market Landscape
  4. Market – Key Industry Dynamics
  5. Automatic Number Plate Recognition (ANPR) Market Analysis- Global Analysis
  6. Automatic Number Plate Recognition (ANPR) Market Revenue And Forecasts To 2025 –   By Application
  7. Market Revenue And Forecasts To 2025 – By System Type
  8. Market Revenue And Forecasts To 2025 –  By End-user
  9. Market Revenue And Forecasts To 2025 – Geographical Analysis
  10. Market Revenue And Forecasts To 2025 –  Industry Landscape
  11. Competitive Landscape
  12. Automatic Number Plate Recognition (ANPR)  Market, Key Company Profiles
  13. Appendix

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Posted by on Wednesday July 17 2019, 10:00 AM EDT. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing. Comments and Trackbacks closed. Follow responses: RSS 2.0

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