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

Vehicle Roadside Assistance Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4143 | Report Format:

Global Vehicle Roadside Assistance Industry: Overview Vehicle roadside assistance is a kind of assistance service that is a provider to the automobile driver whenever there is a breakdown of the vehicle. Through the vehicle roadside assistance, onsite help is offered to drivers including minor r...Read More

Wheel Loaders Market by Loader Type (Articulated, Compact Backhoe, Skid Steer, and Others), by Application (Public Infrastructure, Forestry and Agriculture, Mining, and Others), by Operating Weight (<20000 Kg, 20000-40000 Kg, 40000-60000 Kg, and >60000 Kg), and by Power (<125 hp, 125-175 hp, 176-600 hp, and >600 hp): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027

May-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4103 | Report Format:

The report covers a forecast and an analysis of the wheel loaders market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the wheel loaders marke...Read More

Laser Plastic Welding Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-4020 | Report Format:

Global Laser Plastic Welding Market: Overview In the last few years, the laser has emerged as one of the most preferred methods for welding plastics. It provides improved welding quality as the flexibility it offers is second to none. In spite of these and several other benefits, the penetration...Read More

Electric Vehicle Range Extender Market by Product (Fuel Cell Range Extender, Ice Range Extender, and Others), by Component (Electric Motor, Battery Pack, Power Converter, and Generator), and by Vehicle Type (Passenger and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Apr-2019 | Price : $ 4899.00 | Pages: 168 | Report Code: ZMR-4013 | Report Format:

The report covers a forecast and an analysis of the electric vehicle range extender market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million) and volume (K Units). The study includes dri...Read More

Automotive Camera Market by Vehicle Type (Light Commercial Vehicles, Heavy Commercial Vehicles, and Passenger Vehicles), by Technology (Thermal Camera, Digital Camera, and Infrared Camera), by View Type (Single View System and Multi-Camera System), and by Application (Lane Departure Warning System, Driver Monitoring System, Park Assist System, Blind Spot Detection, Adaptive Cruise Control System, Autonomous Emergency Braking System, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Mar-2019 | Price : $ 4899.00 | Pages: 182 | Report Code: ZMR-3958 | Report Format:

The report covers a forecast and an analysis of the automotive camera market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the automotive came...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.