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ANPR Camera Market Forecast Driven by Traffic Management and Security Applications | Valuates Reports
ANPR Camera Market SizeThe global ANPR Camera market was valued at US$ 292.2 million in 2023 and is anticipated to reach US$ 368.5 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
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The ANPR camera market is experiencing strong market growth, driven by increasing deployment in transportation monitoring, security, and enterprise operations. The market size continues to expand as governments and organizations adopt intelligent plate recognition systems to support automation, enforcement, and access control.
By camera type, ANPR systems with hydraulic rod mechanisms currently hold the larger market share, appreciated for their robust deployment in high-speed traffic zones and toll gantries. Non-hydraulic systems, while representing a smaller share, are gaining momentum in urban settings and community security due to lower cost and easier integration-highlighting market trends toward flexible, scalable solutions.
Regarding application, transportation licence recognition (such as tolling and traffic enforcement) accounts for the dominant portion of market size, reflecting widespread implementation in road infrastructure. Community security applications capture a significant share, driven by urban surveillance and law enforcement needs. Enterprise unit usage-including private parking lots, corporate access points, and gated communities-though smaller, is growing rapidly as organizations embrace ANPR for enhanced operational efficiency and security automation.
Overall, the ANPR camera market forecast signals sustained market growth, supported by broader adoption for smart city initiatives, rising urbanization, and increasing demand for automated traffic and access systems across public and private sectors.
Segment by Type
• Hydraulic Rod ANPR Camera
• Without Hydraulic Rod ANPR Camera
Segment by Application
• Transportation Licence
• Community Security
• Enterprise Unit
By Company
MAV Systems, 3M, Genetec, ARH, Siemens, Tattile, Arvoo Imaging Products, Bosch Security Systems, Elsag, Shenzhen AnShiBao, NDI Recognition Systems, Petards Group, Shenzhen Lefound, Digital Recognition Systems, CA Traffic, PaisAn
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