Automatic Number Plate Recognition (ANPR) Market Outlook, Segmentation, Trends, SWOT Analysis and Forecast till 2030
Research Reports
May 25, 2022
Market Overview
The market is being driven by an increase in the use of video analytics technology for intelligent vehicle monitoring as well as increased government investments in intelligent vehicle monitoring. The report on the Global Automatic Number Plate Recognition (ANPR) Market provides a comprehensive analysis of the industry. The report examines important components, patterns, drivers, constraints, the competitor analysis, and other key market factors in depth.
The market is being driven by an increase in the use of video analytics technology for intelligent vehicle monitoring as well as increased government investment opportunities in intelligent vehicle tracking. Processing technology advancements, as well as advances in digital cameras and recognising devices, are all helping to drive market growth. Automatic number plate recognition systems, which are mostly used by law enforcement agencies, continue to play an important role in vehicle inventory management.
Furthermore, massive growth in the automobile industry around the world is likely to influence the widespread use of automatic number plate recognition devices. Furthermore, government entities are increasingly focusing on building integrated unmanned aerial vehicles (UAVs) for the development of a city-wide ANPR network, which is good news for the market.
Other factors driving market growth include the growing demand for ANPR systems in security and surveillance, as well as traffic. Furthermore, an increase in the number of government initiatives to develop smart cities, such as intelligent transportation systems and traffic control systems, bodes well for market growth.
Inaccuracy caused by automatic number plate gesture recognition, which results in false-positive readings, on the other hand, is likely to constrain the market. These systems address the issue of cloning license plates. To get around automatic number plate gesture recognition, thieves have been using car cloning techniques. Car cloning is the practice of concealing the identity of a salvaged or stolen vehicle by using the number plate of a legally registered vehicle. Data privacy is another constraint with the systems. The security of the images captured and data stored by these systems is less certain.
The Fixed ANPR Systems segment is anticipated to drive market expansion. The segment has grown in popularity in recent years due to high demand from traffic police and defence forces. Security forces prefer fixed systems because they can be customised for any application and have individual equipment that can be configured for multi-lane coverage.
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Market Segmentation
By Type
- Fixed ANPR Systems
- Mobile ANPR Systems
- Portable ANPR Systems
By Component
- ANPR Cameras
- ANPR Software
- Frame Grabbers
- Triggers
By Application
- Traffic Management
- Law Enforcement
- Electronic Toll Collection
- Parking Management
- Access Control
By End User
- Government
- Commercial
- Institutions
By Region:
- North America
- Europe
- APAC
- RoW
Regional Classification
Because it is widely used for parking management reasons such as traffic surveillance, parking management, and toll gathering, North America has the largest market share for automatic license plate recognition systems. Furthermore, rapid adoption of ANPR technology for parking vehicles is increasing in the technology commercial space throughout Europe, East Asia, and South Asia & Pacific.
Industry News
The New Hampshire Department of Transportation (NHDOT) has chosen Kapsch TrafficCom to convert three more NHDOT toll areas to free-flow all-electronic tolling (AET), which will support mixed-mode payment.
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