Global LPR Cameras Market Growth 2025-2031

Global LPR Cameras Market Growth 2025-2031

The global LPR Cameras market size is predicted to grow from US$ 481 million in 2025 to US$ 798 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.

License Plate Recognition (LPR) cameras, also known as License Plate Capture (LPC) cameras, are a specialized form a CCTV security cameras.

Global LPR Cameras key players include Neology (3M), Siemens, Kapsch TrafficCom, GeoVision, etc. Global top four manufacturers hold a share over 20%.

Europe is the largest market, with a share over 30%, followed by China, and North America, both have a share about 40 percent.

In terms of product, Fixed LPR Camera is the largest segment, with a share over 65%. And in terms of application, the largest application is Traffic Management, followed by Parking Management, Electronic Toll Collection, Law Enforcement, etc.

LP Information, Inc. (LPI) ' newest research report, the “LPR Cameras Industry Forecast” looks at past sales and reviews total world LPR Cameras sales in 2024, providing a comprehensive analysis by region and market sector of projected LPR Cameras sales for 2025 through 2031. With LPR Cameras sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LPR Cameras industry.

This Insight Report provides a comprehensive analysis of the global LPR 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 LPR Cameras portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LPR Cameras market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LPR 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 LPR Cameras.

This report presents a comprehensive overview, market shares, and growth opportunities of LPR Cameras market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Mobile LPR Cameras
Fixed LPR Cameras
Portable LPR 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.
Neology (3M)
Siemens
Kapsch TrafficCom
Vivotek
ARH
GeoVision
Genetec
Tattile
Bosch Security Systems
NEXCOM
HTS
Elsag
TagMaster
Petards Group
NDI Recognition Systems
Shenzhen AnShiBao
ParkingEye Limited
AlertSystems
Euro Car Parks Limited (UK)
CA Traffic
Vigilant Solutions, Inc. (US)
PaisAn

Key Questions Addressed in this Report

What is the 10-year outlook for the global LPR Cameras market?

What factors are driving LPR Cameras market growth, globally and by region?

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

How do LPR Cameras market opportunities vary by end market size?

How does LPR Cameras break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.