Automatic Number Plate Recognition System Global Market Trend Analysis 2017 By Component & Type Forecast 2023
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(EMAILWIRE.COM, November 01, 2017 ) According to Publisher, 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.
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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.
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
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Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
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
Company Profiling
11.1 Euro Car Parks Limited
11.2 Elsag North America LLC
11.3 Digital Recognition System Ltd.
11.4 Conduent Inc.
11.5 C3I Intelligent System Ltd
11.6 Bosch Security Systems Inc.
11.7 Beltech BV
11.8 ARH Inc.
11.9 ANPR Projects Limited
11.10 Vigilant Solutions Inc.
11.11 Tattile SRL
11.12 TagMaster North America Inc.
11.13 Siemens AG
11.14 Ranger Services Ltd
11.15 Quercus Technologies
11.16 Q-Free ASA
11.17 ANPR International Ltd
11.18 ParkingEye Limited
11.19 Neology Inc.
11.20 FF Group
For more information about this report: http://www.reportsweb.com/automatic-number-plate-recognition-system-global-market-outlook-2017-2023
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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.
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
Inquire before Buying at http://www.reportsweb.com/inquiry&RW00011197159/buying
Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
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
Company Profiling
11.1 Euro Car Parks Limited
11.2 Elsag North America LLC
11.3 Digital Recognition System Ltd.
11.4 Conduent Inc.
11.5 C3I Intelligent System Ltd
11.6 Bosch Security Systems Inc.
11.7 Beltech BV
11.8 ARH Inc.
11.9 ANPR Projects Limited
11.10 Vigilant Solutions Inc.
11.11 Tattile SRL
11.12 TagMaster North America Inc.
11.13 Siemens AG
11.14 Ranger Services Ltd
11.15 Quercus Technologies
11.16 Q-Free ASA
11.17 ANPR International Ltd
11.18 ParkingEye Limited
11.19 Neology Inc.
11.20 FF Group
For more information about this report: http://www.reportsweb.com/automatic-number-plate-recognition-system-global-market-outlook-2017-2023
Contact Information:
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Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results