ALPR and ANPR Cameras Market : Revenue Share, Insights & Future Outlook

ALPR and ANPR Cameras Market Size Expected to Reach US$ 2,110 Million by 2031

The global market for ALPR (Automatic License Plate Recognition) and ANPR (Automatic Number Plate Recognition) Cameras was valued at US$ 1,135 million in 2024 and is projected to reach US$ 2,110 million by 2031, growing at a CAGR of 9.4% during the forecast period.

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Market Insights and Analysis

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million vehicles, respectively. In 2018, global economic expansion ended, and the auto market declined overall. By 2022, there were 81.6 million vehicles worldwide. Currently, more than 90% of the world's automobiles are concentrated in Asia, Europe, and North America: Asia accounts for 56%, Europe 20%, and North America 16%. Major automobile-producing countries include China, the United States, Japan, South Korea, Germany, India, and Mexico, with China being the largest producer (32% of global production) and Japan the largest exporter (3.5 million vehicles in 2022).

Segment by Type:
• Stationary Type
• Mobile Type

Segment by Application:
• Parking Lots Entrance or Exit
• Toll Gate
• Parking Spot
• City Surveillance
• Others

Production by Region:
• North America
• Europe
• China
• Japan

Consumption by Region:
• North America (United States, Canada)
• Europe (Germany, France, UK, Italy, Russia)
• Asia-Pacific (China, Japan, South Korea, Taiwan)
• Southeast Asia (India)
• Latin America (Mexico, Brazil)

Key Companies in the Market:
• PIPS Technology: Specializes in advanced ALPR camera solutions for traffic and law enforcement.
• Basler: Offers high-performance cameras for vehicle and traffic monitoring.
• Inex Technologies: Provides intelligent ANPR systems for parking and security.
• ACTi Corporation: Specializes in IP surveillance cameras for transportation and security.
• MAV Systems Limited: Develops ALPR solutions for city traffic management.
• Riverland Technologies: Offers vehicle recognition and fleet management systems.
• ARH Inc: Focuses on automated license plate recognition technology for law enforcement.
• Genetec Inc: Provides security software and ANPR solutions for city surveillance.
• Vivotek: Develops IP surveillance cameras for intelligent transportation.
• Tattile s.r.l.: Specializes in traffic enforcement and ANPR cameras.
• Cass Parking: Offers vehicle recognition systems for parking and toll management.
• Merit LILIN Ent. Co., Ltd: Provides smart surveillance and ANPR solutions.
• Axis Communications: Specializes in network cameras and ALPR systems.
• Arvoo BV: Focuses on intelligent video analysis and vehicle monitoring.
• Bosch: Develops automotive and city surveillance camera solutions.
• 3M: Offers advanced imaging and license plate recognition technology.
• DivioTec Inc: Provides ANPR cameras and traffic management solutions.
• Jenoptik: Specializes in automated traffic enforcement and license plate recognition

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This release was published on openPR.