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

Regenerative Artificial Skin Market Demand, Profit, Price and Manufacturing Cost Analysis Up to 2022

Image
Imitation skin is a support that encourages renewal of skin in animals like humans. The terminology was utilized to define an innovative action for substantial injuries. It was then revealed that action of deep skin injuries in matured creatures and humans with this support persuades restoration of the dermis. It has been established commercially, and is used in immensely scorched patients, in surgical procedure of the skin, and in cure of long-lasting skin injuries. The word “artificial skin” is used from time to time to refer to skin-like matter developed in a laboratory, though this expertise is still slightly away from the actuality, feasible for usage in the remedial arena. “Artificial skin” can furthermore talk about elastic semiconductor materials that are able to sense touch for those with artificial members. Skin is the major tissue in the body. Likewise, it is amongst of the greatest important body parts. Skin acts as an obstacle among outside atmosphere and inside
Read more

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

Vacuum Gas Oil Market Research Reports, Size, Share and trends up to 2022

Image
Global Vacuum Gas Oil 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. Vacuum gas oil is abbreviated as VGO and is also known as cat feed that is a feedstock for fluid catalytic crackers used to make gasoil, gasoline, and other products. Vacuum gas oil is a viscous form of oil gas, produced by vacuum distillation unit in the refinery plant. A black semi-solid fluid smell like an asphalt. The gas oil LVGO and HVGO are the two important forms of vacuum gas oil. HVGO is an intermediate product produced in the vacuum distillation unit, which is then processed to produce gas oil or gasoline in the FCC unit or hydrocracker unit. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/vacuum-gas-oil-market Vacuum Gas Oil Market is segmented based on product types, applications, and region. Product types such as Light Vacuum Gas Oil (LVGO), Heavy Vacuum Gas Oil (HVGO),
Read more