Global Automatic License Plate Recognition (ALPR/ANPR) Cameras Market Growth 2024-2030

Global Automatic License Plate Recognition (ALPR/ANPR) Cameras Market Growth 2024-2030

Automatic License Plate Recognition (ALPR/ANPR) is a surveillance system with primary capability of capturing the image of vehicles and identifies their license number. ANPR systems consist of high-speed cameras with IR filters, processors capable of performing optical character recognition (OCR), application software, user interface, and an alert capability to notify operators in case of a match. ANPR systems can be a standalone device or can be used with existing traffic enforcement cameras or closed-circuit televisions and are used by the police forces across the globe to prevent and detect crimes. These systems are also used for electronic toll collection on roads and for monitoring traffic activities such as red light adherence and speed enforcement. Additionally, ANPR systems can assist in the detection of stolen vehicles. The ANPR technology varies from location to location depending on the designs of number plates.

The global Automatic License Plate Recognition (ALPR/ANPR) Cameras market size is projected to grow from US$ 715 million in 2024 to US$ 1338 million in 2030; it is expected to grow at a CAGR of 11.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Automatic License Plate Recognition (ALPR/ANPR) Cameras Industry Forecast” looks at past sales and reviews total world Automatic License Plate Recognition (ALPR/ANPR) Cameras sales in 2023, providing a comprehensive analysis by region and market sector of projected Automatic License Plate Recognition (ALPR/ANPR) Cameras sales for 2024 through 2030. With Automatic License Plate Recognition (ALPR/ANPR) Cameras sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic License Plate Recognition (ALPR/ANPR) Cameras industry.

This Insight Report provides a comprehensive analysis of the global Automatic License Plate Recognition (ALPR/ANPR) Cameras landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic License Plate Recognition (ALPR/ANPR) Cameras portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic License Plate Recognition (ALPR/ANPR) Cameras market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic License Plate Recognition (ALPR/ANPR) Cameras and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic License Plate Recognition (ALPR/ANPR) Cameras.

Global key players of Automatic License Plate Recognition (ALPR/ANPR) Cameras include Vivotek, Siemens, Neology, Survision, Genetec, etc. The top five players hold a share over 28%. Europe is the largest market, and has a share about 33%, followed by North America with share 28%. In terms of product type, Fixed ALPR Cameras is the largest segment, occupied for a share of 70%. In terms of application, Traffic Management has a share about 49 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic License Plate Recognition (ALPR/ANPR) Cameras market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Mobile ALPR Cameras
Fixed ALPR Cameras
Portable ALPR Cameras

Segmentation by Application:
Traffic Management
Law Enforcement
Electronic Toll Collection
Parking Management
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Siemens
Rekor
Jenoptik
Vivotek
Neology
Survision
Genetec
Kapsch TrafficCom
ARH
Bosch Security Systems
Q-free (Dacolian)
NDI Recognition Systems
Tattile
Perceptics
GeoVision
HTS
Leonardo Company
TagMaster
MAV Systems
Nedap
Petards Group
ParkingEye Limited
Arvoo Imaging Products
Inex Tech
Digital Recognition Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automatic License Plate Recognition (ALPR/ANPR) Cameras market?

What factors are driving Automatic License Plate Recognition (ALPR/ANPR) Cameras market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automatic License Plate Recognition (ALPR/ANPR) Cameras market opportunities vary by end market size?

How does Automatic License Plate Recognition (ALPR/ANPR) Cameras break out by Type, by Application?

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