Press release
Global Automatic Number Plate Recognition Market Size, Status and Forecast 2025
Automatic 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.
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In 2017, the global Automatic Number Plate Recognition market size was 540 million US$ and it is expected to reach 1500 million US$ by the end of 2025, with a CAGR of 13.7% during 2018-2025.
This report focuses on the global top players, covered
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/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Market segment by Type, the product can be split into
Security & Surveillance
Vehicle Parking
Traffic Management
Toll Enforcement
Market segment by Application, split into
Government
Commercial
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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