Automatic Number Plate Recognition (ANPR) Market Competitive Analysis with Growth Forecast Till 2030

Drones and automatic number plate recognition (ANPR) systems have been extensively used during major COVID-19 (coronavirus) lockdown periods in Europe. After the World Health Organization (WHO) stated that COVID-19 situation is serious in Europe, companies in the automatic number plate recognition (ANPR) market are capitalizing on the demand for these surveillance systems. ANPR systems have played a crucial role to recognize suspects that have been violating lockdown norms. However, these surveillance systems and contact tracing apps have been facing the heat regarding human rights concerns over privacy of citizens.

The Liberty human rights group in the U.K. has suggested to deploy voluntary compliance with lockdown restrictions instead of ramping up coercive and oppressive tactics. As such, police authorities are increasing efforts to normalize the idea of surveillance and concerning techniques to ensure public health safety. These factors are likely to drive the automatic number plate recognition (ANPR) market.

Electronic Bills with Help of ANPR Systems Minimize Traffic Violation

ANPR systems are improving security and law enforcement measures in modern cities. Companies in the automatic number plate recognition (ANPR) market are increasing their production capabilities, as these systems are being extensively used in urban cities to identify criminals and terrorists. On the other hand, over-speeding on highways is another threat to public safety, which is being addressed by traffic control authorities. Modern ANPR systems are eliminating the need to manually record number plates of individuals.

Request Sample For More Information@

The trend of e-challan is becoming popular in Indian cities. Manufacturers in the India automatic number plate recognition (ANPR) market are increasing the availability of surveillance products at toll gates so that toll authorities can send a bill to the car associate for non-compliance of rules. Companies are innovating in products that offer both still and video footage of car associates.

Poor Installation and Recognition Software Key Shortcomings of ANPR Systems

The automatic number plate recognition (ANPR) market is expected to expand at a favorable CAGR of ~9% during the forecast period. However, common shortcomings of ANPR systems such as failing to detect vehicles travelling over 30mph are likely to inhibit market growth. Hence, manufacturers are increasing their R&D capabilities to develop systems with advanced recognition software. For instance, Vaxtor Recognition Technologies Ltd. is increasing its marketing capabilities to publicize its product RoadPixel, which addresses common drawbacks of conventional ANPR systems.

In order to gain global recognition, companies in the automatic number plate recognition (ANPR) market are developing systems with an extended lifespan. These advanced systems are eliminating issues of poor on-site traffic management. As such, ANPR systems ar

The ANPR industry is witnessing a significant transformation due to the proliferation of automation. Access control of unauthorized vehicles helps to safeguard manufacturing facilities against malicious activities of criminals. On the other hand, manufacturers in the automatic number plate recognition (ANPR) market are innovating in ANPR-integrated parking ticketing systems. This is being made possible with the help of artificial and cognitive intelligence technologies.

Read Latest Press Release Here@

ANPR Cameras with IR-Lamps and Fast Shutter Deploy Unlimited Registration of Vehicle Plates

Apart from government and commercial institutions, companies in the automatic number plate recognition (ANPR) market are exploring value-grab opportunities at waste sites, educational, and logistics organizations. The U.S. technology company Clearview AI is acquiring global recognition for its GateREG ANPR system for high-speed multi-lane reading with the help of a single camera. The detection of vehicle color and type has become very important in at business enterprises.

Manufacturers in the automatic number plate recognition (ANPR) market are developing high-performance ANPR cameras. Such ANPR systems are being widely adopted in the public sector and blue chip companies to monitor authorized and unauthorized visitors. The automatic logging of vehicle numbers into the system’s database is being highly preferred by company owners. Companies are innovating in ANPR cameras with variable intensity infrared (IR)-lamps and fast shutter to deploy unlimited registration of vehicle plates.