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ANPR System Market

ANPR System Market Size, Share & Segment By (Fixed ANPR Systems, Portable ANPR Systems, Mobile ANPR Systems), By Component (Hardware, Software), By Application (Traffic Management, Parking Management, Law Enforcement, Electronic Toll Collection, Access Control), By End-User (Government, Institutions, Commercial), By Regions And Global Forecast 2022-2028

Report Id: SNS/SEMI/1564 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Automatic number plate recognition (ANPR) System Market Size was valued at USD 2.89 billion in 2021 and is expected to reach USD 5.31 billion by 2028, and grow at a CAGR of 9.1% over the forecast period 2022-2028.

The automotive sector has seen some changes as a result of technological advancements. Automatic number plate recognition (ANPR) helps to detect the vehicle. Useful for security purposes. These are the best-in-class solutions that receive the most attention among customers. Today, many people break the rules of the road.

ANPR System Market Revenue Graph

It leads to many road accidents. For these reasons the investment in the recognition of default number numbers. The general adoption of technology on the road leads to greater market demand. Data collected by default number detection is used for many purposes. There is effective speed control of traffic control and prevention of road accidents is possible. There is a lot of safety when using these devices on the road.

Finding any suspicious vehicle on the road is possible. Illegal activities on the road can be prevented in this regard. Today, the ANPR market is divided into many parts. There are customized, portable segments and mobile phones on the market. In addition, the traffic management industry is seeing very high growth. The Automatic number plate recognition Market Indicator shows positive growth.

MARKET DYNAMICS: 

KEY DRIVERS:

  • ANPR systems are more widely utilized.

RESTRAINTS: 

  • Inconsistent number plate design.

OPPORTUNITIES: 

  • New technology integration.

CHALLENGES: 

  • Concerns about the privacy of saved photographs and records.

IMPACT OF COVID-19: 

COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption. 

Covid 19 affects many businesses. The automatic number plate recognition market faces a number of challenges. The use of street cameras is declining in many regions. Traffic is limited. Due to closures and restrictions, the market demand for automated number plate recognition is declining. In particular, megacities are subject to low traffic congestion. In addition, the supply chain disruption in the market is huge. There are plenty of end-users who have reduced their need for number recognition.

Acceptance of default number recognition is declining at this time. After Covid-19 wave, it is expected that there will be more traffic on the roads. Road boundaries will decrease in the coming years. Also, the acceptance of digital recognition will increase over the next few years. Governments are increasing their spending on these technologies increasingly. In particular, regions such as Asia Pacific are increasing their demand for production. All of this will have a positive impact on the market for recognizing default numbers.

The makers of an Automatic number plate recognition system focus on the development and new innovation of the system. The Automatic number plate recognition system is one of the latest innovations that have proved to be very effective for various governments to easily track a car.

Increased incomes and urbanization have exacerbated the need for an automatic number plate recognition system. In addition, governments such as Australia, Belgium, Canada, Denmark, France, Germany, Hungary, Saudi Arabia, Sweden, Turkey, Ukraine, U.K., U.S.A. and India forced the use of a system that automatically recognizes default numbers. Government police vehicles such as USA, England, Australia, Dubai etc. automatically installed a number Automatic number plate recognition system. Additionally, the use of closed TV cameras and speed cameras has increased.

The electronic toll collection market is expected to record the highest growth during the forecast period 2022-2028. With the increase in road connections, there is an increase in the number of toll plazas around the world. To avoid congestion and improve vehicle monitoring and acquisition in toll zones, there is a growing need for automated solutions, which promote the use of ANPR payment systems. ANPR systems enable the prevention of scams and fraud and improve the accuracy of street charging systems. Also, the use of ANPR systems helps to reduce fuel wastage and time as well as overtime workers involved in road charging activities.

COMPETITIVE LANDSCAPE:

The Key players in the ANPR System Market are Bosch Security Systems, Inc., Digital Recognition Systems, Ltd., ELSAG North America LLC, Genetec, Inc., NDI Recognition Systems LLC, Q-Free ASA, Vaxtor Technologies, Viion Systems Inc, Kasich TrafficCom AG, Vigilant Solutions, Siemens AG, Tattile SRL, Neology Inc., Conduent Inc. and Other.

MARKET SEGMENTATION:

BY TYPE

  • Fixed ANPR Systems

  • Portable ANPR Systems

  • Mobile ANPR Systems

BY COMPONENT

  • Hardware

  • Software

BY APPLICATION

  • Traffic Management

  • Parking Management

  • Law Enforcement

  • Electronic Toll Collection

  • Access Control

BY END USER

  • Government

  • Institutions

  • Commercial

ANPR System Market Segment Pie Chart

REGIONAL ANALYSIS:

Automatic Number Plate Recognition Market is divided into Asia Pacific, Europe and North America. Europe is a leading market with a high number of stocks. ANPR awareness is high in this region. Even during the closing period, the demand for these machines is justified in this market. Investment from key players is critical to this market growth. In addition, Asia Pacific is the next largest market with the highest shares. The need for effective road monitoring systems is growing. The growing demand for road safety creates a great need. Also, government programs in the market are high. In addition, North America is the first recipient of the ANPR market. There are many key players in this market. Technological advances are causing tremendous growth. The introduction of a new product in the next few years will create positive growth.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

ANPR System Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 2.89 Billion
Market Size by 2028 US$ 5.31 Billion
CAGR CAGR of 9.1% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By (Fixed ANPR Systems, Portable ANPR Systems, Mobile ANPR Systems)
• By Component (Hardware, Software)
• By Application (Traffic Management, Parking Management, Law Enforcement, Electronic Toll Collection, Access Control)
• By End-User (Government, Institutions, Commercial)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Bosch Security Systems, Inc., Digital Recognition Systems, Ltd., ELSAG North America LLC, Genetec, Inc., NDI Recognition Systems LLC, Q-Free ASA, Vaxtor Technologies
Key Drivers • ANPR systems are more widely utilized.
Restraints • Inconsistent number plate design.


Frequently Asked Questions (FAQ) :

The ANPR System Market size was valued at 2.8 billion in 2021 at a CAGR of 9.1%.

The Key players in the ANPR System Market are Bosch Security Systems, Inc., Digital Recognition Systems, Ltd., ELSAG North America LLC, Genetec, Inc., NDI Recognition Systems LLC, Q-Free ASA, Vaxtor Technologies, Viion Systems Inc, Kasich TrafficCom AG, Vigilant Solutions, Siemens AG, Tattile SRL, Neology Inc., Conduent Inc. and Other.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. ANPR System Market Segmentation, by Type

8.1Introduction

8.2 Fixed ANPR Systems

8.3 Portable ANPR Systems

8.4 Mobile ANPR Systems

8.5 Other

 

9. ANPR System Market Segmentation, by Component

9.1 Introduction

9.2 Hardware

9.3 Software

9.4 Other

 

10. ANPR System Market Segmentation, By Application

10.1 Introduction

10.2 Traffic Management

10.3 Parking Management

10.4 Law Enforcement

10.5 Electronic Toll Collection

10.6 Access Control

10.7 Other

 

11. ANPR System Market Segmentation, By End-User

11.1 Introduction

11.2 Government

11.3 Institutions

11.4 Commercial

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

 

13.Company Profiles

13.1 Digital Recognition Systems, Ltd.

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Bosch Security Systems, Inc.

13.3 ELSAG North America LLC

13.4 Genetec, Inc.

13.5 NDI Recognition Systems LLC

13.6 Q-Free ASA

13.7 Vaxtor Technologies

13.8 Viion Systems Inc.

13.9 Kasich TrafficCom AG

13.10 Vigilant Solutions

13.11 Siemens AG

13.12 Tattile SRL

13.13 Neology Inc.

13.14 Conduent Inc.

13.15 Other

 

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

 

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Secondary Research

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