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.
This all-encompassing report on the global Automatic Number Plate Recognition (ANPR) System market comprises of an executive summary that briefly describes the overall market, its drivers, restraints, prominent segments, and competitive landscape. Each part of the executive summary is distinctly explained in the report through individual chapters. The chapters comprise of precise calculations demonstrated through charts and graphs.
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Report Objectives
Examine the size of the global Automatic Number Plate Recognition (ANPR) System market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Automatic Number Plate Recognition (ANPR) System market.
Explore the underlying dynamics of the global Automatic Number Plate Recognition (ANPR) System market.
Highlight significant trends of the global Automatic Number Plate Recognition (ANPR) System market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Automatic Number Plate Recognition (ANPR) System market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Automatic Number Plate Recognition (ANPR) System market.
Forecast the market size and share of all segments and regions in the global landscape.
ANPR system market in Asia Pacific is expected to register fastest revenue CAGR during the forecast period, attributed to rapid infrastructure development and increasing government support to manage traffic congestion. Additionally, growing demand for ANPR systems by law enforcement agencies to curb criminal activities is causative of steady market growth in the region.
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.
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Regional scope: North America; Europe; Asia Pacific; Central & South America; MEA
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
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
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Important Points Mentioned in the Automatic Number Plate Recognition (ANPR) System Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years’ sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.
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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, 2018-2028
Chapter 3. Key Insights
Chapter 4. Automatic Number Plate Recognition (ANPR) System Market Segmentation & Impact Analysis
Chapter 5. Automatic Number Plate Recognition (ANPR) System Market By Usages Insights & Trends, Revenue (USD Billion)
Chapter 6. Automatic Number Plate Recognition (ANPR) System Market By Design Insights & Trends Revenue (USD Billion)
Chapter 7. Automatic Number Plate Recognition (ANPR) System Market By Material Insights & Trends Revenue (USD Billion)
Chapter 8. Automatic Number Plate Recognition (ANPR) System Market By Applications Insights & Trends Revenue (USD Billion)
Chapter 9. Automatic Number Plate Recognition (ANPR) System Market By Marketing Channels Insights & Trends Revenue (USD Billion)
Chapter 10. Automatic Number Plate Recognition (ANPR) System Market Regional Outlook
Continued…
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