ANPR System Market Research Reports, Size, Share and trends up to 2025


28th September 2018: Global ANPR System Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. ANPR is abbreviated as Automatic Number Plate Recognition. ANPR is also known as Automatic Vehicle Identification (AVI), Automatic License Plate Recognition (ALPR), Car Plate Recognition (CPR), or License Plate Recognition (LPR). A technology uses optical character recognition to read the license plate or registration number on vehicles. The system is exclusively used with either, closed-circuit television or road-rule enforcement cameras. ANPR System Industry is segmented based on type, component, applications, and region. Types such as Portable ANPR Systems, Fixed ANPR Systems, and Mobile ANPR Systems classify ANPR System Industry.


The fixed ANPR systems segment accounts the largest market shares of ANPR System Market and is estimated to lead the overall market in the upcoming years. This is mainly due to the rising demand for ANPR systems for monitoring traffic and collecting data in private and parking spaces, highways, tunnels, and bridges. On the other hand, mobile ANPR systems segment is estimated to grow at highest CAGR in the upcoming years. The reason being, exclusively preferred by police and law enforcement agencies.
A Component such as Triggers, ANPR Cameras, Frame Grabbers, ANPR Software, and others classify ANPR System Market. ANPR segment accounts the largest market shares of ANPR System Industry and is estimated to lead the overall market in the years to come. The reason being, rising demand for cameras for traffic management and law enforcement. On the other hand, ANPR Software segment estimated to grow at highest CAGR in the upcoming years as, increasing incidents of vehicle thefts and growing criminal activities.
Applications into Access Control, Traffic Management, Parking Management, Law Enforcement, Electronic Toll Collection, Security and Surveillance, and others classify ANPR System Market. The traffic management segment accounts for the largest market share of ANPR System Industry. The reason being, high demand for ANPR systems in urban areas due to high traffic congestion. Followed by Electronic toll collection, due to the growing adoption of vehicles and strict government policy by many countries.
ANPR System Industry is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, Europe accounts the largest market share of ANPR System Industry and is estimated to grow at moderate CAGR in the upcoming years. On the other hand, Asia Pacific market is estimated to grow at fastest pace in the years to come. The reason being, rising public infrastructure, and highways.
The key players of ANPR System Market are FF Group, KapschTrafficCom AG, HTS, Conduent, ANPR International, Q-Free ASA, Beltech, Siemens AG, Digital Recognition System, Genetec, ARH, Neology, Elsag North America, Bosch Security Systems GmbH, Vigilant Solutions, Tattile, Quercus Technologies, TagMaster North America, Euro Car Parks Limited, and NDI Recognition Systems. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.    

Comments

Post a Comment

Popular posts from this blog

WIRE STRIPPING MARKET PRODUCTION, PRICE AND REVENUE PROFESSIONAL SURVEY REPORT UP TO 2022

Image
Global Wire Stripping Machine Market is segmented on the basis of product type, application, and geography. Wire stripping machine removes the insulation from coaxial cables, electrical wires, and related types of wiring. This machine is an industrial version used for heavy duty covering tasks. In the market, both - automatic and manual types of wire stripping machines are available. Also, various types of wire stripping methods are available such as cutting, thermal, abrasive, mechanical, laser, and chemical. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/wire-stripping-machine-market A manual wire stripper usually consists of a pair of scissors or wire cutter like device that has two opposing blades with a series of different sized notches while an automatic wire stripper grips and strips the wire in a single motion. Automatic wire stripper is faster than manual wire stripper and suitable for people who require tools capable of facilitating...
Read more

Plastic Additives Market Top Manufactures Analysis, Trends And Forecast To 2022

26 th Aug 2019: The global Plastic Additives Market size is expected to value at USD 62.50 billion by 2022. The market is subject to witness a substantial growth due to the increasing demand for various industrial applications such as property modifiers, extenders, stabilizers and processing aids. Advantages of the plastic additives such as resistance to microbial activities, antioxidants, ultra-violet stabilizer, plasticizers, and impact modifiers, which are critical for compound formulations in order to enhance chemical and physical properties, are expected to foster market growth over the forecast period. Globally, the plastic additives market is predicted to grow at CAGR of 4.5% in forecast period, providing numerous opportunities for market players to invest in research and development of the market. Additionally, increasing industrial activities, growing manufacturing output and strong economic growth in the Asia Pacific region is expected to expand market reach of the plastic...
Read more

Audiometers Market Manufacturers, Suppliers and Top Key Players Analysis up to 2017-2022 Forecast by Million insights

Image
Global Audiometers Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. An audiometer machine is used to facilitate hearing. They typically contain a secure hardware unit associated with a pair of headphones and a test subject feedback key, occasionally measured by a typical PC. This type of systems can also be used with bone vibrators, to test conductive hearing devices. Audiometers are distinctive equipment at ENT (ear, nose, and throat) clinics and in audiology centers. The software audiometers are additional of hardware audiometers, which are accessible in many configurations such as screening PC-based audiometers that use a typical computer. Audiometers Market is categorized based on product type, applications, and geography. Audiometers Industry is categorized based on product types such as Stand-alone Audiometer, Hybrid Audiometer, PC-Based Audiometer. Audiometers Mark...
Read more