Automatic Number Plate Recognition System Market Size and Share Analysis by Type, Component, Application, End User

Description

The automatic number plate recognition system market is USD 3,219.9 million in 2023, and will increase to USD 6,010.8 million by 2030, at a rate of 9.5% by the end of this decade.

This is because of the increasing use by agencies, such as parking, police force, toll plaza, and traffic management; the growing trend for pay-per-use roads; the evolving automotive industry; the high capital fundings especially in emerging nations, and growing acceptance of tech and systems to manage traffic.

The portable systems will have the fastest growth in the future, advancing at a rate of around 10%.

This can due to the fact such systems are extensively put to use in automating access control and security such as the detection of robbed automobiles in real-time, and in police patrolling cars and recognizing vehicles used for checking over speeding of automobiles on highways or roads.

Furthermore, these devices are widely used by public safety and law enforcement agencies, because of their flexibility of use and cost-effectiveness.

The government category had a larger revenue share in 2022, and it will continue like this in the years to come.

This is because of the growing count of government infrastructural projects; the increasing acceptance of innovative technologies by public safety agencies because of the increasing crimes associated with vehicles including reckless driving, hit-and-run, theft, and wallet snatching; the increasing requirement for traffic surveillance; and high investments by governments for congestion-free roads and vehicle surveillance systems.

The traffic management category had a significant revenue in the past, in the automatic number plate recognition system market and this trend will continue in the years to come as well.

This is because of the increasing occurrence of congestion, because of numerous vehicles on roads and the incidence of vehicle collisions; the growing requirement for solutions for the dimension of section-related traffic data; the increasing trend of smart cities where effective traffic management is mainly needed; and the growing traffic authorities' necessity for real-time activities or instant attention for addressing accidents.

The software category will grow faster, advancing at a rate of over 9.5%. This is because of the increasing use of OCR technology; the growing necessity for online congestion control; the growing requirement for vehicle tracking in parking lots, homelands, and throughout patrolling; expansion of road-rules implementation; the fast-growing IT sector; and the rising prominence of organizations on the expansion of web based ANPR software.

The developing automotive sector all over the world has a positive impact on the demand for automatic number plate recognition system. And, it will grow even more in the years to come as well.

Product Code: 12684

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by component
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by end user
- 1.4.5. Market size breakdown, by region
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Type (2017-2030)
6.3. Market Revenue, by Component (2017-2030)
6.4. Market Revenue, by Application (2017-2030)
6.5. Market Revenue, by End User (2017-2030)
6.6. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Type (2017-2030)
7.3. Market Revenue, by Component (2017-2030)
7.4. Market Revenue, by Application (2017-2030)
7.5. Market Revenue, by End User (2017-2030)
7.6. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Type (2017-2030)
8.3. Market Revenue, by Component (2017-2030)
8.4. Market Revenue, by Application (2017-2030)
8.5. Market Revenue, by End User (2017-2030)
8.6. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Type (2017-2030)
9.3. Market Revenue, by Component (2017-2030)
9.4. Market Revenue, by Application (2017-2030)
9.5. Market Revenue, by End User (2017-2030)
9.6. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Type (2017-2030)
10.3. Market Revenue, by Component (2017-2030)
10.4. Market Revenue, by Application (2017-2030)
10.5. Market Revenue, by End User (2017-2030)
10.6. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Type (2017-2030)
11.3. Market Revenue, by Component (2017-2030)
11.4. Market Revenue, by Application (2017-2030)
11.5. Market Revenue, by End User (2017-2030)
11.6. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Type (2017-2030)
12.3. Market Revenue, by Component (2017-2030)
12.4. Market Revenue, by Application (2017-2030)
12.5. Market Revenue, by End User (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Type (2017-2030)
13.3. Market Revenue, by Component (2017-2030)
13.4. Market Revenue, by Application (2017-2030)
13.5. Market Revenue, by End User (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Type (2017-2030)
14.3. Market Revenue, by Component (2017-2030)
14.4. Market Revenue, by Application (2017-2030)
14.5. Market Revenue, by End User (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Type (2017-2030)
15.3. Market Revenue, by Component (2017-2030)
15.4. Market Revenue, by Application (2017-2030)
15.5. Market Revenue, by End User (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Type (2017-2030)
16.3. Market Revenue, by Component (2017-2030)
16.4. Market Revenue, by Application (2017-2030)
16.5. Market Revenue, by End User (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Type (2017-2030)
17.3. Market Revenue, by Component (2017-2030)
17.4. Market Revenue, by Application (2017-2030)
17.5. Market Revenue, by End User (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Type (2017-2030)
18.3. Market Revenue, by Component (2017-2030)
18.4. Market Revenue, by Application (2017-2030)
18.5. Market Revenue, by End User (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Type (2017-2030)
19.3. Market Revenue, by Component (2017-2030)
19.4. Market Revenue, by Application (2017-2030)
19.5. Market Revenue, by End User (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Type (2017-2030)
20.3. Market Revenue, by Component (2017-2030)
20.4. Market Revenue, by Application (2017-2030)
20.5. Market Revenue, by End User (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Type (2017-2030)
21.3. Market Revenue, by Component (2017-2030)
21.4. Market Revenue, by Application (2017-2030)
21.5. Market Revenue, by End User (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Type (2017-2030)
22.3. Market Revenue, by Component (2017-2030)
22.4. Market Revenue, by Application (2017-2030)
22.5. Market Revenue, by End User (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Type (2017-2030)
23.3. Market Revenue, by Component (2017-2030)
23.4. Market Revenue, by Application (2017-2030)
23.5. Market Revenue, by End User (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Type (2017-2030)
24.3. Market Revenue, by Component (2017-2030)
24.4. Market Revenue, by Application (2017-2030)
24.5. Market Revenue, by End User (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Type (2017-2030)
25.3. Market Revenue, by Component (2017-2030)
25.4. Market Revenue, by Application (2017-2030)
25.5. Market Revenue, by End User (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Type (2017-2030)
26.3. Market Revenue, by Component (2017-2030)
26.4. Market Revenue, by Application (2017-2030)
26.5. Market Revenue, by End User (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Type (2017-2030)
27.3. Market Revenue, by Component (2017-2030)
27.4. Market Revenue, by Application (2017-2030)
27.5. Market Revenue, by End User (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Type (2017-2030)
28.3. Market Revenue, by Component (2017-2030)
28.4. Market Revenue, by Application (2017-2030)
28.5. Market Revenue, by End User (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Kapsch TrafficCom AG
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Siemens AG
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Hangzhou Hikvision Digital Technology Co., Ltd
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Genetec Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
30.5. Adaptive Recognition Hungary Zrt.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
30.6. JENOPTIK AG
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. EFKON India Pvt. Ltd.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
30.8. Nedap N.V.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Digital Recognition Ltd.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
30.10. Euro Car Parks Ltd
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
30.11. First Parking LLP
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
30.12. Q-Free ASA
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
30.13. Motorola Solutions, Inc.
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary
30.14. Leonardo S.p.A.
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.14.3. Key financial summary
30.15. VAXTOR TECHNOLOGIES S.L.
- 30.15.1. Business overview
- 30.15.2. Product and service offerings

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Automatic Number Plate Recognition System Market Size and Share Analysis by Type, Component, Application, End User - Global Industry Demand Forecast to 2030