The global Automatic Number Plate Recognition (ANPR) system market size is expected to reach USD 4,899.0 Million at a steady CAGR of 9.5% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing use of ANPR systems for security and surveillance purposes and applications. ANPR system is a mass surveillance system used to read automotive license plates. ANPR technology finds application in the detection, prevention, and disruption of crime at local, provincial, and national levels. In addition, ANPR system is deployed by law enforcement agencies to provide proof and lines of inquiry in the event of a crime investigation.
The latest research report provides an in-depth analysis of the vital factors of the market that influence its growth and development in the global business sphere. Besides providing further details on market size, revenue estimation, and numerous commercialization aspects, the report presents the market position of key players in the industry.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/638
Some Key Highlights From the Report
- Fixed ANPR systems offer a range of cameras to meet the requirement of various applications. A fixed ANPR system provides several benefits such as continuous high-traffic area surveillance, monitoring high criminal activity areas at a safe distance, and identification and immediate enforcement of recurrent toll violators. In fixed ANPR systems, cameras are positioned at fixed locations, including street lights, buildings, signboards, or highway overpasses. Moreover, fixed ANPR systems are a cost-effective method to monitoring moving or parked vehicles.
- By application, parking management segment accounted for a significant large revenue share in 2020. The use of ANPR system enables drivers to park into their chosen parking spot without stopping as the APNR camera at the parking lot entrance recognizes plate numbers, along with keeping an accurate measure of parking time.
- Key players in the market include Siemens AG, ARH Inc., Neology Inc., Kapsch TrafficCom, Genetec Inc., TagMaster, Conduent Inc., Bosch Ltd., Q-Free ASA, and Vigilant Solutions Inc.
ANPR System Market Segmentation:
Emergen Research has segmented the global ANPR system market on the basis of component, type, application, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Software
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Fixed ANPR System
- Mobile ANPR System
- Portable ANPR System
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Traffic Management
- Electronic Toll Collection
- Law Enforcement
- Access Control
- Parking Management
Regions Covered in This Report:
- North America(U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(U.K., Germany, France, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
Request a customized copy of the ANPR System market report @ https://www.emergenresearch.com/request-for-customization/638
Target Audience of the Global ANPR System Market report:
- Global ANPR System providers, distributors, traders, and suppliers
- End-use industries
- Research organizations, consulting companies, and various alliances interested in this particular business sphere.
- Government bodies, independent regulatory authorities, and policymakers.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. ANPR System Market Segmentation & Impact Analysis
4.1. ANPR System Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.2.1. Growing use of ANPR system in security and surveillance
4.2.2.2. Increasing government funding on intelligent transport system
4.2.2.3. Growing focus on smart city development
4.2.3. Market restraints analysis
4.2.3.1. Number plate design inconsistency
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
Gain access to the full report by clicking here on the link @ https://www.emergenresearch.com/industry-report/automatic-number-plate-recognition-system-market
Thank you for reading our report. Customization of this report is available as per client requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
Have a Look at Related Reports:
Solid Waste Management Market@ https://www.google.hn/url?q=https://www.emergenresearch.com/industry-report/solid-waste-management-market
Hematologic Malignancies Testing Market@ https://www.google.hu/url?q=https://www.emergenresearch.com/industry-report/hematologic-malignancies-testing-market
Industrial Microbiology Market@ https://www.google.is/url?q=https://www.emergenresearch.com/industry-report/industrial-microbiology-market
Blockchain in Genomics Market@ https://www.google.co.id/url?q=https://www.emergenresearch.com/industry-report/blockchain-in-genomics-market
Prenatal Testing Market@ https://www.google.iq/url?q=https://www.emergenresearch.com/industry-report/prenatal-testing-market
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
