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Global Automatic Number Plate Recognition Market: By Type: Fixed, Mobile, Portable; By Application: Traffic Management, Fast Pyrolysis, Law Enforcement, Electronic Toll Collection, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Automatic Number Plate Recognition Market Outlook

The global automatic number plate recognition market stood at a value of around USD 2.51 billion in 2020. The market is further expected to grow at a CAGR of 10.3% in the forecast period of 2021-2026 to reach USD 4.08 billion by 2026.


Growing Demand for Fixed ANPR Systems for Traffic Management to Bolster the Growth of the Automatic Number Plate Recognition Industry

Based on type, the fixed ANPR segment accounted for a significant share in the market and is likely to grow significantly in the forecast period as well. This can be attributed to the rising application of fixed ANPRs in traffic management and toll collection. Over the forecast period, the rising demand for fixed systems from the security and defence sector to achieve enhanced surveillance is likely to propel the segment growth. The market will further be aided by the requirement of real-time enforcement for frequent toll violators. Meanwhile, the portable ANPR segment is likely to gain traction in the forecast period, owing to its wide adoption by the law enforcement sector due to the cost-effectiveness and flexibility of usage of the product.

 

Automatic Number Plate Recognition Market

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Thriving Traffic Management Segment to Augment the Growth of the Global Automatic Number Plate Recognition Industry

On the basis of application, the traffic management segment accounted for the largest share in the market and is anticipated to remain dominant in the forecast period as well. The market growth can be attributed to the need for a proper flow of traffic amidst the increasing sales of automobiles. The data provided by the product, which includes traffic counts, travel speed, and origin-destination, is vital for the proper traffic management. The market will further be aided by the growing trend of congestion charge, which is levied on the drivers violating the laws in heavy traffic areas. 

Moreover, the growing efforts by the governments to militate the criminal activities are expected to further bolster the demand for ANPR. The government bodies are encouraging the use of ANPR owing to the growing concerns of reckless driving, accidents, robbery, snatching, and hit and run cases, among others. Thus, the rising demand for ANPR for militating criminal activities and poor driving is expected to be the major factor propelling the market growth over the forecast period. Meanwhile, the product demand is likely to grow in the commercial transportation sector as well, which can be attributed to the growing adoption of ANPR in commercial vehicles and vehicle operation services agencies, particularly in emerging economies. ANPR is a crucial management system component, which can be used in private parking facilities, toll collection agencies, and premise security agencies, among others, thus, contributing to the market growth.


Europe Accounts for a Significant Share in the Market

The market in Europe in being driven by factors like the rising demand for automatic number plate recognition for law enforcement applications, growing sales of automobiles, rising population, and the need to ameliorate traffic management in regions like the UK, France, Germany, Spain, and others. Additionally,  the rising travel and tourism industry in the region is expected to further propel the need for ANPR for efficient traffic monitoring, further enhancing the experience of the tourists. Meanwhile, North America is anticipated to hold a considerable share in the market in the forecast period due to the rapid digitalisation of traffic monitoring devices in the region.

  
Automatic Number Plate Recognition: Industry Definition and Segmentation

Automatic number plate recognition can be defined as a system that is capable of reading vehicle number plates without any human intervention. It is a highly accurate system, which provides benefits like high-speed image capture with supporting illumination, detection of characters within the images, and character recognition to convert those images into text.

Based on type, the market is divided into:

  • Fixed
  • Mobile
  • Portable

The significant applications of the product include:

  • Traffic Management
  • Fast Pyrolysis 
  • Law Enforcement
  • Electronic Toll Collection
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.


Increasing Demand for Efficient Surveillance System to Monitor Traffic Likely to Boost the Growth of the Automatic Number Plate Recognition Industry

The global automatic number plate recognition industry is driven by the rising concern regarding traffic monitoring and the increasing demand for enhanced surveillance systems for efficient management, especially in emerging economies. In addition, the demand for ANPR is expected to increase owing to its ability to provide 24/7 monitoring without human intervention, cost-effectiveness, and accuracy. The ability of ANPR to provide evidence in case of criminal activities is expected to further aid the market growth in the forecast period. The rising instances of reckless driving, theft, robbery, accidents, terrorism, snatching, and others are anticipated to bolster the market growth by generating a significant demand for high-quality ANPR systems.


Key Industry Players in the Global Automatic Number Plate Recognition Market

The report gives a detailed analysis of the following key players in the global automatic number plate recognition market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds: 

  • Bosch Security Systems B.V
  • Siemens AG
  • Kapsch Aktiengesellschaft
  • Conduent Inc.
  • Jenoptik AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Fixed, Mobile, Portable
Breakup by Application Traffic Management, Fast Pyrolysis, Law Enforcement, Electronic Toll Collection, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Bosch Security Systems B.V, Siemens AG, Kapsch Aktiengesellschaft, Conduent Inc., Jenoptik AG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Automatic Number Plate Recognition Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automatic Number Plate Recognition Historical Market (2016-2020) 
    8.3    Global Automatic Number Plate Recognition Market Forecast (2021-2026)
    8.4    Global Automatic Number Plate Recognition Market by Type
        8.4.1    Fixed
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Mobile
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026) 
        8.4.3    Portable
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Automatic Number Plate Recognition Market by Application
        8.5.1    Traffic Management 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Fast Pyrolysis
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Law Enforcement 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Electronic Toll Collection 
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Automatic Number Plate Recognition Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Bosch Security Systems B.V
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Siemens AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certification
        12.2.3    Kapsch Aktiengesellschaft
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Conduent Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Jenoptik AG
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
12    Industry Events and Developments
        
        
List of Figures and Tables

1.    Global Automatic Number Plate Recognition Market: Key Industry Highlights, 2016 and 2026
2.    Global Automatic Number Plate Recognition Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Automatic Number Plate Recognition Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Automatic Number Plate Recognition Historical Market: Breakup by Application (USD Billion), 2016-2020
5.    Global Automatic Number Plate Recognition Market Forecast: Breakup by Application (USD Billion), 2021-2026
6.    Global Automatic Number Plate Recognition Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Automatic Number Plate Recognition Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Automatic Number Plate Recognition Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Automatic Number Plate Recognition Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Automatic Number Plate Recognition Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Automatic Number Plate Recognition Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Automatic Number Plate Recognition Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Automatic Number Plate Recognition Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Automatic Number Plate Recognition Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Automatic Number Plate Recognition Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Automatic Number Plate Recognition Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Automatic Number Plate Recognition Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Automatic Number Plate Recognition Market Structure

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