ANPR System Market Size & Share Outlook 2019-2025 | Market Segmentation, Regional Growth and Competitive Landscape

The Europe ANPR system market is predicted to witness high growth over the coming years due to the strong presence of manufacturers such as NDI Recognition System, Q-Free ASA, and ARH Inc. Strict governmental regulations for traffic management have led to increased adoption of ANPR devices in their traffic control systems. Countries including France, Italy, the UK, and Germany have designed these systems and adopted to implement strict traffic rules & laws. These government policies are encouraging market players to offer innovative solutions in the region.

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Major players in the automatic number plate registration (ANPR) system market are Bosch Security System Inc, Q-Free ASA, Genetec Inc, ARH Inc., PIPS Technology Ltd., NDI Recognition Systems LLC, and Digital Recognition Systems Ltd. These players are competing based on the growing demand and requirements of these systems globally in the ANPR system market. They are developing solutions based on the business requirement that allows them to integrate these security solutions by considering proper space availability and security location.

The ANPR System Market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume in units and revenue in USD from 2019 to 2025, for the following segments:

Automatic Number Plate Registration (ANPR) System Market, By Type
• Fixed
• Mobile
Automatic Number Plate Registration System Market, By Component
• Hardware
• Software
ANPR System Market, By Application
• Traffic management
• Law enforcement
• Toll collection
• Parking management
• Access control
The above information has been provided for the following regions and countries:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

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The increasing demand for the hardware systems, such as video capture cards, processors, cameras, and LED signs & relay cards, will drive the ANPR system market growth. The manufacturers in the market are offering hardware systems in different configurations such as rackmounts, rugged mobiles, desktops, and tablets. It helps businesses to implement the recognition system based on their business requirements and space availability.
Increased crime rates, car thefts, and accidents are being widely controlled by the adoption of these systems to monitor & track vehicles and their locations. The cameras provide the insight of the driver vehicle speed and capture the registration number of the vehicle, aiding in tracking the vehicle & driver details. The efficiency and reliability of these systems in crime & accident control are accelerating their adoption in the ANPR system market.

Inconsistency in number plate design is the major factor restraining the ANPR system market demand. The design and number plate size & fonts differ across the globe, making it difficult for manufacturers in the market to construct a fixed algorithm, which will read all kinds of fonts with high efficiency & accuracy. Moreover, the change in government regulations regarding the design & development of vehicle number plates is also a major factor that restricts the automatic number plate registration system market growth

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