Automatic Number Plate Recognition System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1110 | Report Format : | Status : Upcoming |

Abstract

Global Automatic Number Plate Recognition System Market: Overview

Overcrowded roads in the city have put an immense pressure on the civic bodies to develop technologically advanced solutions to deal with the problem; hence, the concept of automatic number plate recognition systems has been introduced. This system will offer healthy expansion due to benefits it offers and restricts a number of road accidents. The government is also taking initiation for the reorganization of criminals through number plates of their vehicles. Increasing awareness regarding traffic enforcement rules, regulations, and improved surveillance techniques have the high impact on this market.

Global Automatic Number Plate Recognition System Market: Growth Factors

Company players are focusing on product innovation and adopting new technology to remain competitive in the global automatic number plate recognition system market. Automatic number plate recognition system is largely adopted in the government sector contributing for the largest market share. Various end-users such as defense, homeland security, traffic department, and others have extensively used this system for improved security. In addition, it is adopted in the public parking authorities, and police departments, which is expected to boost the global automatic number plate recognition system market growth. However, this system is widely accepted in the commercial sectors due to increasing number of multiplexes, public utility spaces, and shopping malls that require improved security solutions to protect against any rising terror attacks. This is anticipated to drive the global market in future.

Global Automatic Number Plate Recognition System Market: Segmentation

The global automatic number plate recognition system market is fragmented based on end-user as traffic department, commercial, dedicated car parks, government, defense, entertainment and recreation facilities, and homeland security. Based on applications, the global market is classified as red light control, vehicle parking, security and surveillance, toll enforcement, and traffic management.

Global Automatic Number Plate Recognition System Market: Regional Analysis

The global automatic number plate recognition system market is categorized based on geography as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is the leading region in the global market growth due to increasing awareness about an automatic number plate recognition system. In addition, this region is considered home to the technological innovations, which is anticipated to contribute to the global market growth in future. Stringent traffic regulations are implemented by the governments to improve the road safety in this region, thus propelling the global automatic number plate recognition system market growth. Implementation of the automatic number plate recognition system can be seen in the countries such as Germany, the U.K., France, and Italy.

Global Automatic Number Plate Recognition System Market: Competitive Players

Key players operating in the global overall automatic number plate recognition system market are PIPS Technology Ltd., NDI Recognition Systems Ltd., Siemens AG, Vigilant Solutions Inc., and Genetec, Inc. Other players influencing the global market are Q-Free ASA, Vysionics Intelligent Traffic Solutions Ltd., Bosch Security Systems., and Tattile Srl.

Global Automatic Number Plate Recognition System Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Automotive Differential Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3788 | Report Format:

Global Automotive Differential Market: Overview A differential is a gear train with three shafts with a distinguished feature that the rotational speed of a shaft is the average of the speeds of the others. In automotive, the differential allows the outerdrive wheelto rotate faster than the inne...Read More

Modular Construction Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3753 | Report Format:

Global Modular Construction Market: Overview Modular constructions are intelligent structures that are built with the help of advanced technology. The construction work is simplified by making different modules of a structure. Work on these modules is done away from the building site and once it...Read More

Floating LNG Power Vessel Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3748 | Report Format:

Global Floating LNG Power Vessel Market: Overview Floating LNG power vessel is suitable for remote areas where electrical demand is small such as small islands. These vessels help in bringing power supply to remote areas such as islands and thereby help in resolving the power crises issue. With ...Read More

Drone Logistics and Transportation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3652 | Report Format:

Global Drone Logistics and Transportation Market: Overview UAV or unmanned aerial vehicles or simply drone are distantly piloted aerial devices that play a vital role in both commercial and defense sectors. Drones are extensively being used for border surveillance apart from varied commercial ap...Read More

Automotive Blockchain Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3641 | Report Format:

Global Automotive Blockchain Market: Overview Automotive blockchain has various advantages, such as reduced overall ownership cost, speedy transactions, and rise in the focus on lowering manipulations and data leaks. Thus, this technology is being adopted by various market players to simplify th...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.