Global License Plate Recognition Camera Market Growth 2023-2029

Global License Plate Recognition Camera Market Growth 2023-2029

License plate capture cameras, also known as license plate recognition / LPR cameras, are a specialized type of video surveillance camera designed to capture numbers and letters of license plates on still or moving vehicles.

LPI (LP Information)' newest research report, the “License Plate Recognition Camera Industry Forecast” looks at past sales and reviews total world License Plate Recognition Camera sales in 2022, providing a comprehensive analysis by region and market sector of projected License Plate Recognition Camera sales for 2023 through 2029. With License Plate Recognition Camera sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world License Plate Recognition Camera industry.

This Insight Report provides a comprehensive analysis of the global License Plate Recognition Camera 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 License Plate Recognition Camera portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global License Plate Recognition Camera market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for License Plate Recognition Camera 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 License Plate Recognition Camera.

The global License Plate Recognition Camera market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for License Plate Recognition Camera is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for License Plate Recognition Camera is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for License Plate Recognition Camera is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key License Plate Recognition Camera players cover MAV Systems, 3M, Genetec, ARH, Siemens, Tattile, Arvoo Imaging Products, Bosch Security Systems and Elsag, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of License Plate Recognition Camera market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mobile Type
Fixed Type

Segmentation by application
Security and Surveillance
Vehicle Parking
Traffic Management
Other

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 analyzing the company's coverage, product portfolio, its market penetration.
MAV Systems
3M
Genetec
ARH
Siemens
Tattile
Arvoo Imaging Products
Bosch Security Systems
Elsag
Shenzhen AnShiBao
NDI Recognition Systems
Petards Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global License Plate Recognition Camera market?

What factors are driving License Plate Recognition Camera market growth, globally and by region?

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

How do License Plate Recognition Camera market opportunities vary by end market size?

How does License Plate Recognition Camera break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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