Global Automatic Number Plate Recognition System Market is Expected to Reach $4.25 billion by 2023

Report Sellers has added a new market research report “Automatic Number Plate Recognition System - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Automatic Number Plate Recognition (ANPR) System Market is expected to grow from $1.97 billion in 2016 to reach $4.25 billion by 2023 with a CAGR of 11.5%. Developments in infrastructure across globally, huge funds allocation by various governments and increasing usage of video analytics technology are some of the factors supporting the market growth. On the contrary, variation in number plate designs is a major factor limiting the market growth. 

By application type, traffic management segment is leading the market with a largest market share during the forecast period. Rising ANPR systems demand globally in urban areas due to high traffic congestion is a key factor for the market growth. Electronic toll collection application is estimated to grow at a highest rate due to the strict government regulations.

Europe region is predicted to grow at a highest CAGR during the forecast period. On the other hand, Asia Pacific region is expected to grow at a fastest rate due to increasing highways and public infrastructures. 

Some of the key players in global Automatic Number Plate Recognition (ANPR) System market include Euro Car Parks Limited, Elsag North America LLC , Digital Recognition System Ltd., Conduent Inc., C3I Intelligent System Ltd, Bosch Security Systems Inc., Beltech BV, ARH Inc., ANPR Projects Limited, Vigilant Solutions Inc., Tattile SRL , TagMaster North America Inc., Siemens AG, Ranger Services Ltd, Quercus Technologies , Q-Free ASA, ANPR International Ltd, ParkingEye Limited, Neology Inc. , FF Group. 

Browse through the complete description and in-depth TOC on “Global Automatic Number Plate Recognition System   Market”
https://www.reportsellers.com/market-research-report/Automatic-Number-Plate-Recognition-ANPR-System---Global-Market-Outlook

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players 
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Automatic Number Plate Recognition System Market has been segmented by applications covered, types covered, components covered, end users covered and regions covered

Applications Covered:
Traffic Management 
Parking Management 
Law Enforcement 
Electronic Toll Collection 
Toll Enforcement
Security and Surveillance
Access Control

Types Covered:
Portable ANPR Systems
Fixed ANPR Systems 
Mobile ANPR Systems 

Components Covered:
Triggers 
ANPR Cameras 
Frame Grabbers 
ANPR Software 
Other Components

End Users Covered:
Commercial
Defense
Entertainment & Recreation Facilities
Government
Traffic Department
Homeland Security

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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