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Automatic Number Plate Recognition System Market by Type, Application, & Geography - Analysis & Forecast to 2020

Automatic Number Plate Recognition System Market: Forecast until 2020

  • December 2015
  • 124 pages
  • ID: 3458904
In this report:
The shipments of portable ANPR system are expected to reach ##,## units by 2020, growing at a CAGR of ##.##% between 2015 and 2020.
In the portable system components market, ANPR cameras accounted for the largest market share of ##.##%; this market was valued at USD ##.## million in 2014 and is expected to reach USD ##.## million by 2020 from USD ##.## million in 2015, growing at a CAGR of ##.##% between 2015 and 2020.


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ANPR system is designed to read the number plate of vehicles and store it into the data base. Need for ANPR system in security and surveillance and traffic control, infrastructure increase in the emerging economies are some of the significant increase drivers for the ANPR system market. Nevertheless, the misinterpretations of the ambiguous characters on the number plate and privacy concerns are some of the restraining factors of the ANPR system market.

'ANPR cameras hold the lions share'

Among all the ANPR system components, ANPR cameras held the biggest market share in 2014 and it is forecasted to reach $591.20M by 2020. ANPR camera market is anticipated to grow at a compound annual growth rate (CAGR) of ~12.6 percent from 2015 to 2020. ANPR camera market is more than that of the other component is due to the requirement as per the infrastructure and the cost factor.

'EU is the main market for ANPR system'

The Europe ANPR system market is broken down into the countries including Germany, the United Kingdom, France (FR), and Rest of Europe (EU). The main driver for the European ANPR system market is the high adoption rate for the applications including traffic management and law/police enforcement. The growing concerns regarding safety of travelers and vehicles on roads have led to the adoption of intelligent transportation systems in this area.

Key players' distribution profiles:

- By Company category: Tier 1 - 49 %, Tier 2 - 35.0 percent and Tier 3 - 16.0 percent

- By Description: C-suite - 14.0 percent, D-level - 33.0 percent, Others - 53.0 percent

- By area: North america (NA) - 47.0 percent, Europe - 29.0 percent, APAC - 18.0 percent, RoW -6.0 percent

Some of the main firms dominating the ANPR systems market contain 3M Company (NYSE:MMM), ARH Inc., Elsag North America LLC, Genetec Inc., Q-Free ASA, Vigilant Solutions Inc..

Why acquiring this study can help you:

- This business report includes the industry statistics pertaining to type, component, application, and territory together with their respective revenue.

- The porter's five forces scheme has been exploited along with the value chain study to offer a detailed insight into the ANPR systems market.

- Main drivers, market restraints, opportunities, and alternatives for the ANPR system market have been precised in this industry report.

- Figures of segmentation, review, and estimate for industries established on category, component, application, and area have been organized to give an global view of the ANPR system market.

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