The report comprises a detailed analysis of the vital elements of the Automatic Number Plate Recognition (ANPR) System market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Automatic Number Plate Recognition (ANPR) System market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.

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.

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Some Key Highlights in the Report:

In March 2020, Genetec announced introduction of AutoVu SharpZ3, which is a mobile automotive number plate recognition system that offers innovative insight in situational awareness and vehicle analytics.
ANPR cameras find extensive use in pay and display parking, maximum stay car parks, or electronic permit schemes. ANPR can automatically read number plates of vehicles and maintain a record of entry and exit time of vehicles and helps in issuing a parking charge notice to vehicles for breach of terms & conditions.
Fixed ANPR systems offer a range of cameras to meet the requirement of various applications. A fixed ANPR system provides several benefits such as continuous high-traffic area surveillance, monitoring high criminal activity areas at a safe distance, and identification and immediate enforcement of recurrent toll violators. In fixed ANPR systems, cameras are positioned at fixed locations, including street lights, buildings, signboards, or highway overpasses. Moreover, fixed ANPR systems are a cost-effective method to monitoring moving or parked vehicles.
Regional Overview:

The global Automatic Number Plate Recognition (ANPR) System market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Automatic Number Plate Recognition (ANPR) System market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

Siemens AG, ARH Inc., Neology Inc., Kapsch TrafficCom, Genetec Inc., TagMaster, Conduent Inc., Bosch Ltd., Q-Free ASA, and Vigilant Solutions Inc.

Emergen Research has segmented the global ANPR system market on the basis of component, type, application, and region:

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
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Key point summary of the report:

The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of Automatic Number Plate Recognition (ANPR) System Market:

North America
S.
Canada
Mexico
Europe
Germany
K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
A.E.
South Africa
Rest of MEA
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