The Global Automatic Number Plate Recognition (ANPR) System market was valued at $2.3 billion in 2021 and it is expected to reach $4.7 billion at a CAGR of 6.50% between 2022 and 2032. Automatic number plate recognition also known as ANPR is a type of system which is used to read the license number of a vehicle quickly and automatically. This work can be done without any human interaction. Therefore, this system is used to identify number plates or capture footage through traffic cameras in order to provide security and safety to the people.
By region, Europe is expected to dominate the ANPR system market across the globe.
ANPR is essential for a wide range of applications, where the detection or identification of a particular vehicle is very important. Furthermore, the ANPR system is used in cases such as car parking management, law enforcement, journey time analysis, traffic management, retail park security, and tollbooth records. These are the major factors that have driven the market over the past few years. Police authorities use this ANPR system to check whether a car is registered with a proper license number or not. By doing so, they can identify whether the car is stolen by someone or not. Therefore ANPR usage is growing from police cameras to private cars. In 202, the Europe region made more than 36% of the overall ANPR market across the globe. After Europe, the Asia-Pacific region is also expected to gain significant market growth due to the increasing population and vehicles which has driven the ANPR system market.
Source: SAI Research
ANPR system provides a camera that can automatically capture an image of an individual car or person as they approach. After that, the photo is further passed on to a reader which identifies its exact location. Moreover, the ANPR system consists of several elements such as a computer server, a high-definition digital camera, wi-fi or internet facility, an access controller, and more. Based on the environment or services the ANPR system is segmented into private and public car parks, logistic hubs, airports, sports complexes, stadiums, and others. Additionally, it is widely used on highway roads, bridges, and other car parking sectors as well.
However, the ANPR system solutions are generally easy to install, and no special equipment is needed for the installation and the system would be ready to use within a few hours. ANPR system works by scanning nearly 3000 number plates per hour and matching with the information stored in the database and can find information about a particular driver. The lists of information include those people who have valid insurance or are suspects in ongoing investigations for an incident. This way, police can identify any suspects who have stolen any cars. However, governments from various countries are entering into partnerships with several companies such as IBM Corporation, Kapsch TrafficCom, and others to develop traffic management programs that would boost the ANPR system market growth during the forecast period.
Key players which are leading the global ANPR system market include Kapsch TrafficCom (Australia), HikVision (China), Q-Free ASA (Norway), Conduent Inc (U.S), Genetec Inc (Canada), Axis Communications (Sweden), Jenoptik Group (Germany), Robert Bosch GMBH (Germany), NDI recognition Systems Limited (U.S), VAXTOR Technologies (Spain), 3M Company (U.S), and others. Several key players across the globe are trying to expand their business growth by implementing new technologies to provide better ANPR facilities to various industries for security purposes.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2021 |
Market Size in 2021: |
US$ 2.3 Billion |
Historical Data for: |
2019, 2020 and 2021 |
Forecast Period: |
2022 to 2032 |
Forecast Period 2022 to 2032 CAGR: |
6.50% |
2032 Value Projection: |
US$ 4.7 Billion |
Segments covered: |
By System Type - Portable ANPR System, Fixed ANPR System. By System Component - Hardware, Software, Services. By Applications - Parking Management, Security and Surveillance, Toll Management, Traffic Management & Others. By End-User - Government, Commercial. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, France, Italy, U.K., Russia, Rest of Europe Countries Asia-Pacific: India, China, Japan, South Korea, North Korea, Rest of Asian Countries LAMEA: Brazil, Saudi Arabia, Rest of LAMEA |
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Companies covered: |
Kapsch TrafficCom (Australia), HikVision (China), Q-Free ASA (Norway), Conduent Inc (U.S), Genetec Inc (Canada), Axis Communications (Sweden), Jenoptik Group (Germany), Robert Bosch GMBH (Germany), NDI recognition Systems Limited (U.S), VAXTOR Technologies (Spain), 3M Company (U.S), and others. |
The ANPR System Market Has Been Segmented Into:
The ANPR System Market – By System Type:
The ANPR System Market – By System Component:
The ANPR System Market – By Applications:
The ANPR System Market – By End-User:
The ANPR System Market – By Regions:
North America
Europe
Asia-Pacific
LAMEA
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