Press release
Automatic Number Plate Recognition System Market: The Next Booming Segment in the World | apsch TrafficCom AG, Conduent, Inc., Q-Free Netherlands B.V., Siemens, Genetec Inc., ARH Inc., Neology, Inc., Vigilant Solutions., Bosch Security Systems, Inc.,
Automatic Number Plate Recognition System Market
Download Automatic Number Plate Recognition System Market Research Report in PDF Brochure@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-automatic-number-plate-recognition-system-market
Automatic Number Plate Recognition System Market is estimated to grow at 6.80% for 2020-2027 with factors such as inconsistent design of number plate along with misinterpretation of ambiguous character will hamper the growth of the market in emerging economies.
Automatic number plate recognition system market has shown an exceptional penetration in developed economies in North America. Rising adoption of advanced and improved technology will help in driving the growth of the market.
Major Industry Competitors:
KapschTrafficCom AG
Conduent, Inc.
Q-Free Netherlands B.V.
Siemens
Genetec Inc.
ARH Inc.
Neology, Inc.
Vigilant Solutions.
Bosch Security Systems, Inc.
Tattiles.r.l.
Digital Recognition Systems Ltd.
NDI Recognition Systems
Automatic Number Plate Recognition System Market Scenario
According to Data Bridge Market Research the automatic number plate recognition system market is attaining a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as prevalence of improved infrastructure in emerging economies, surging number of funds by government along with rising usage of video analytics technology which will help in boosting the growth of the market.
Now the question is which are the other regions that automatic number plate recognition system market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacificautomatic number plate recognition system market in the forecast period of 2020-2027. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the automatic number plate recognition system market.
Scope of the Automatic Number Plate Recognition System Market
Automatic number plate recognition system market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC)as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
All country based analysis of the automatic number plate recognition system market is further analyzed based on maximum granularity into further segmentation. On the basis of component, the market is segmented into ANPR cameras, ANPR software, frame grabbers, triggers, and others. Based on type, the market is segmented into fixed ANPR systems, mobile ANPR systems, and portable ANPR systems. Based on end-user, the market is segmented into government, homeland security, traffic department, defense, commercial, entertainment & recreation facilities, and dedicated car parks. The applications covered for the report are traffic management, law enforcement, electronic toll collection, parking management, and access control.
Automatic number plate recognition is a type of system which is used in the recognition of optimal character and to read number plates to extract alphanumeric characters which are equipped on the vehicle. This system uses closed circuits televisions and infrared cameras to capture images and recognize character.
Automatic Number Plate Recognition System Market Development
In November 2018, Nedap announced the launch of automatic number plate recognition (ANPR) platform with cameras installed into it which help in reading license number plates with high accuracy and offer excellent performance with fully compatible installations.
The 2020 Annual Automatic Number Plate Recognition System Market offers:
100+ charts exploring and analyzing the Automatic Number Plate Recognition System market from critical angles including retail forecasts, consumer demand, production and more
10+ profiles of top Automatic Number Plate Recognition System producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Automatic Number Plate Recognition System type
Global Automatic Number Plate Recognition System Market: Segment Analysis
Global Automatic Number Plate Recognition System Market By Component (ANPR Cameras, ANPR Software, Frame Grabbers, Triggers, Others), Type (Fixed ANPR Systems, Mobile ANPR Systems, Portable ANPR Systems), Application (Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, Access Control), End User (Government, Homeland Security, Traffic Department, Defense, Commercial, Entertainment & Recreation Facilities, Dedicated Car Parks), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Automatic Number Plate Recognition System Market Country Level Analysis
Automatic number plate recognition system market is analysed and market size, volume information is provided by country, type, component, end user and application as referenced above.
The countries covered in the automatic number plate recognition system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the market due to the large market share of ANPR as well as other associated infrastructure in the region. Asia-Pacific region is expected to hold the largest growth rate due to the establishment of public highways.
Some extract from Table of Contents
Overview of Global Automatic Number Plate Recognition System Market
Automatic Number Plate Recognition System Size (Sales Volume) Comparison by Type
Automatic Number Plate Recognition System Size (Consumption) and Market Share Comparison by Application
Automatic Number Plate Recognition System Size (Value) Comparison by Region
Automatic Number Plate Recognition System Sales, Revenue and Growth Rate
Automatic Number Plate Recognition System Competitive Situation and Trends
Strategic proposal for estimating availability of core business segments
Players/Suppliers, Sales Area
Analyze competitors, including all important parameters of Automatic Number Plate Recognition System
Global Automatic Number Plate Recognition System Manufacturing Cost Analysis
The most recent innovative headway and supply chain pattern mapping
The most recent innovative headway and supply chain pattern mapping
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automatic-number-plate-recognition-system-market
Points Which Are Focused In the Report
The report offers market share appraisals for regional and global levels
Potential and niche segments/regions exhibiting promising growth
What are the challenges being faced by the new entrants
Future trends to elucidate imminent investment pockets.
This report provides pin-point analysis for changing competitive dynamics
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