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New report shares details about the automatic number plate recognition (anpr) system market trend

Automatic Number Plate Recognition is a powerful technology used to accurately read vehicle number plates without human intervention.

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According to a new report Global Automatic Number Plate Recognition System Market, published by KBV research, the Global Automatic Number Plate Recognition (ANPR) System Market size is expected to reach $3.6 billion by 2023, rising at a market growth of 9.6% CAGR during the forecast period.

The Europe market holds the largest market share in Global Automatic Number Plate Recognition System Fixed Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.9 % during the forecast period.

The North America market is expected to witness a CAGR of 10.7% during (2017 – 2023) in Global Automatic Number Plate Recognition (ANPR) System Make an Inquiry about this news Mobile & Portable Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 12.8% during (2017 – 2023).

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The ANPR Cameras market holds the largest market share in Global Automatic Number Plate Recognition (ANPR) System Market by Component in 2016, and would continue to be a dominant market till 2023;  growing at a CAGR of 7.8 % during the forecast period. The Frame Grabber market is expected to witness a CAGR of 11% during (2017 – 2023).

Additionally, The Triggers market is expected to witness highest CAGR of 11.5% during (2017 – 2023).

The Traffic Management market holds the largest market share in Global Automatic Number Plate Recognition (ANPR) System Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.5 % during the forecast period. The Parking Management market is expected to witness a CAGR of 12.2% during (2017 – 2023).

Additionally, The Access Control market would garner market size of $306.1 million by 2023.

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Automatic Number Plate Recognition (ANPR) System Market have been discussed in the report with the elaborated company profiles of Kapsch (Kapsch Trafficcom AG), Q-Free ASA, Siemens AG, Genetec Inc., ARH Inc., Robert Bosch (Bosch Security Systems, Inc.), Smartrac (Neology, Inc.), Digital Recognition Systems Ltd., Vigilant Solutions, Inc., and Tattile SRL.

Full Report: kbvresearch.com/automatic-number-p…on-system-market/ Make an Inquiry about this news

Global Automatic Number Plate Recognition System Market Segmentation

By Types

  • Fixed
  • Mobile & Portable

By Components

  • ANPR Cameras
  • ANPR Software
  • Frame Grabber
  • Triggers
  • Others

By Applications

  • Traffic Management
  • Law Enforcement
  • Electronic Toll Collection
  • Parking Management
  • Access Control

By Geographies

  • North America Automatic Number Plate Recognition System Market
  • US Automatic Number Plate Recognition System Market
  • Canada Automatic Number Plate Recognition System Market
  • Mexico Automatic Number Plate Recognition System Market
  • Rest of North America Automatic Number Plate Recognition System Market
  • Europe Automatic Number Plate-Recognition System Market
  • Germany Automatic Number Plate-Recognition System Market
  • UK Automatic Number Plate-Recognition System Market
  • France Automatic Number Plate-Recognition System Market
  • Russia Automatic Number Plate-Recognition System Market
  • Spain Automatic Number Plate-Recognition System Market
  • Italy Automatic Number Plate-Recognition System Market
  • Rest of Europe Automatic Number Plate-Recognition System Market
  • Asia Pacific Automatic Number Plate-Recognition System Market
  • China Automatic Number Plate-Recognition System Market
  • Japan Automatic Number Plate-Recognition System Market
  • India Automatic Number Plate-Recognition System Market
  • South Korea Automatic Number Plate-Recognition System Market
  • Singapore Automatic Number Plate-Recognition System Market
  • Malaysia Automatic Number Plate-Recognition System Market
  • Rest of Asia Pacific Automatic Number Plate-Recognition System Market
  • LAMEA Automatic Number Plate-Recognition System Market
  • Brazil Automatic Number Plate-Recognition System Market
  • Argentina Automatic Number Plate-Recognition System Market
  • UAE Automatic Number Plate-Recognition System Market
  • Saudi Arabia Automatic Number Plate-Recognition System Market
  • South Africa Automatic Number Plate-Recognition System Market
  • Nigeria Automatic Number Plate-Recognition System Market
  • Rest of LAMEA Automatic Number Plate-Recognition System Market

Companies Profiled

  • Kapsch (Kapsch Trafficcom AG)
  • Q-Free ASA
  • Siemens AG
  • Genetec Inc.
  • ARH Inc.
  • Robert Bosch (Bosch Security Systems, Inc.)
  • Smartrac (Neology, Inc.)
  • Digital Recognition Systems Ltd.
  • Vigilant Solutions, Inc.
  • Tattile SRL

Unique Offerings from KBV Research

  • Exhaustive coverage of Global Automatic Number Plate Recognition System Market
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

 

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