Article -> Article Details

The Automatic Number Plate Recognition (ANPR) System Market report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

Steady market revenue growth can be attributed to increasing use of ANPR systems for security and surveillance purposes and applications. ANPR system is a mass surveillance system used to read automotive license plates. ANPR technology finds application in the detection, prevention, and disruption of crime at local, provincial, and national levels. In addition, ANPR system is deployed by law enforcement agencies to provide proof and lines of inquiry in the event of a crime investigation.

To know more about the report @https://www.emergenresearch.com/industry-report/automatic-number-plate-recognition-system-market

The report also discusses the key players involved in the market such as Siemens AG, ARH Inc., Neology Inc., Kapsch TrafficCom, Genetec Inc., TagMaster, Conduent Inc., Bosch Ltd., Q-Free ASA, and Vigilant Solutions Inc.

as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Key insights presented in the report:

• Market revenue shares by major business players, by type, by application, and market scope of global Automatic Number Plate Recognition (ANPR) System market
• Sales revenue by key players and new entrants
• Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight to recent trends and opportunities

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Automatic Number Plate Recognition (ANPR) System Market segmentation

Emergen Research has segmented the global ANPR system market on the basis of component, type, application, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)

• Hardware
• Software

Type Outlook (Revenue, USD Billion; 2018–2028)

• Fixed ANPR System
• Mobile ANPR System
• Portable ANPR System

Application Outlook (Revenue, USD Billion; 2018–2028)

• Traffic Management
• Electronic Toll Collection
• Law Enforcement
• Access Control
• Parking Management

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.