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Worldwide Automatic Number Plate Recognition System Industry to 2028 - by Application and End-user Market - ResearchAndMarkets.com

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The "Automatic Number Plate Recognition System Market By Application, By End User Market - Growth, Future Prospects And Competitive Landscape, 2020 - 2028" report has been added to ResearchAndMarkets.com's offering.

The report offers strategic insights into the global ANPR system market along with the market size and estimates for the duration 2018 to 2028. The said research study covers in-depth analysis of multiple market segments based on application, end-user, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2019& 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

Automatic number plate recognition (ANPR), also termed as automatic license plate recognition, is a method to read alphanumeric characters on the license plate of vehicles by using the optical character recognition method. ANPR is considered one of the most effective methods for tackling traffic issues. The overall system is divided into two phases; the first one is to capture an image of a license plate and the second stage comprises image processing to recognize characters on the license plate with the help of software.

The automatic number plate recognition system is rapidly becoming a crucial part of maintaining security and order in traffic management. Apart from this, ANPR is also applied for many applications such as car park management, journey time analysis, weighbridges as well as automatic tolling system. A typical ANPR comprises two main components. The first component is the image acquiring camera, which captures the image of the license plate of automobiles. The latter is a computer equipped with number plate recognition software that processes the captured image.

The most common application of ANPR is in the law enforcement department for effective traffic management. With the overall rising illegal activities such as motor vehicle theft and over speeding, the demand for the ANPR system is estimated to remain strong in the coming years. In addition, the market growth is estimated owing to the increasing efforts by the market players towards product enhancement. ANPR manufacturers are striving to develop an improved system to capture images even in hostile conditions such as motion blur, defocusing blur, poor lighting, and severe angles. Consequently, the market has emerged quite competitive over the past few years. Strong players are focused on automation of the services such as automatic toll collection, automatic car park system, and automatic gas station services.

Companies Mentioned

  • RW Automotive Holdings Corp.

  • Aisin-Seiki Co. Ltd.

  • Continental AG

  • Akebono Brake Industry Co. Ltd.

  • Brembo S.P.A.

  • HallaMando Corp.

  • Robert Bosch GmbH

  • CA Traffic Limited

  • Knorr Bremse AG

  • Haldex

  • ZF TRW

  • Advics Group

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the automatic number plate recognition industry

  • Market fullers, market impediments, and their impact on the market growth

  • In-depth competitive environment analysis

  • Trailing 2-Year market size data (2018 and 2019)

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

2.1 Market Snapshot: Global Automatic Number Plate Recognition System Market

2.2 Global Automatic Number Plate Recognition System Market, By Application

2.3 Global Automatic Number Plate Recognition System Market, By End Use

2.4 Global Automatic Number Plate Recognition System Market, By Geography

Chapter 3 Market Dynamics

3.1 Introduction

3.1.1 Global Automatic Number Plate Recognition System Market Revenue and Growth, 2018 - 2028, (US$ Mn)

3.2 Market Inclination Insights

3.3 Market Drivers

3.4 Market Growth Inhibitors

3.5 See-Saw Analysis

3.5.1 Impact Analysis of Drivers and Restraints

3.6 Value Chain Analysis

3.7 Attractive Investment Proposition

3.8 Competitive Analysis

3.8.1 Market Positioning of Key Vendors

Chapter 4 Global Automatic Number Plate Recognition System Market Analysis, By Application

4.1 Overview

4.2 Market Analysis

4.3 Security and Surveillance

4.3.1 Global Automotive Disc Braking system Market Revenue for Security and Surveillance, 2018 - 2028, (US$ Mn)

4.4 Toll Enforcement

4.4.1 Global Automotive Drum Braking system Market Revenue for Toll Enforcement, 2018 - 2028, (US$ Mn)

4.5 Traffic Management

4.5.1 Global Automotive Drum Braking system Market Revenue for Traffic Management ,2018 - 2028, (US$ Mn)

4.6 Vehicle Parking

4.6.1 Global Automotive Drum Braking system Market Revenue for Vehicle Parking ,2018 - 2028, (US$ Mn)

Chapter 5 Global Automatic Number Plate Recognition System Market Analysis, By End Use

Chapter 6 North America Automatic Number Plate Recognition System Market Analysis

Chapter 7 Europe Automatic Number Plate Recognition System Market Analysis

Chapter 8 Asia Pacific Automatic Number Plate Recognition System Market Analysis

Chapter 9 Rest of the World Automatic Number Plate Recognition System Market Analysis

Chapter 10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/c0fh27

View source version on businesswire.com: https://www.businesswire.com/news/home/20201023005443/en/

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