Automatic Vehicle Identification (AVI) Systems Market To Reach US$ 4.7 Bn By 2025 - Credence Research

According to a new market research report published by Credence Research “Automatic Vehicle Identification (AVI) Systems Market (By Component – Hardware, Software and Services: By Identification Technology: ANPR, Proximity Technology, UHF Technology and Microwave Technology: By End-use – Residential, Commercial, Industrial, Government and Defense) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, the global automatic vehicle identification (AVI) systems market stood at US$ 2.4 Bn in 2016 and is estimated to expand with a CAGR of 8.6% from 2017 to 2025.

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Market Insights

The automatic vehicle identification (AVI) systems market has been majorly driven by increasing need to secure various organizational buildings and facilities across the world. In addition, rising instances of terror attacks in major cities across the world have made it imperative for various organizations and government bodies to deploy advanced physical security solutions to ensure public safety. AVI systems have offered a viable solution for organizations to deploy accurate and efficient authorization and validation systems for vehicles and personnel. Furthermore, technological advancements in identification technologies such as microwave, ultra-high frequency (UHF) and ANPR have led to the growing adoption of AVI systems across the world.

The global AVI systems market is fairly fragmented with numerous providers catering to various regions in the world. Some of the leading players which have prominent presence all across the world include Nedap N.V., Confidex Ltd., STid, SHANGHAI RFIDHY TECH. CO., LTD. SMARTRAC N.V., Gilbarco, Inc., NXP Semiconductors N.V., TagMaster AB, TIBA LLC. and Orpak Systems Ltd., among others. Apart from these global players, there are numerous companies operating in various regions and have dominant presence their local markets. Thereby, the overall AVI systems market is highly competitive all across the world.

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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automatic Vehicle Identification (AVI) Systems Market
2.2 Global Automatic Vehicle Identification (AVI) Systems Market, By Component
2.3 Global Automatic Vehicle Identification (AVI) Systems Market, By Identification Technology
2.4 Global Automatic Vehicle Identification (AVI) Systems Market, By End-use
2.5 Global Automatic Vehicle Identification (AVI) Systems Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Automatic Vehicle Identification (AVI) Systems Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints ...

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The global automatic vehicle identification (AVI) systems market is segmented, based on end-use, into following categories

• Residential
• Commercial
• Government and Defense
• Industrial

In 2016, the commercial end-use segment was the largest contributor in the global automatic vehicle identification (AVI) systems market, in terms of revenue. The commercial segment includes various organizational offices, educational and medical institutions, and commercial establishments, among others which make use of vehicle entrance control systems to monitor and control pedestrian and employee’s vehicular access. The deployment of such systems offers other benefits such as parking management and staff attendance in the organizations.

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