Automatic Number Plate Recognition (ANPR) system is a useful approach for vehicle surveillance, which is used in intelligent transportation system. ANPR uses an advanced machine vision technology to recognize vehicles by their number plates without intervention of human. The adoption ANPR technology continues to gain momentum in the market. ANPR technology tends to be region-specific, owing to variation in number plate from one place to other.
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Competitive Landscape: Automatic Number Plate Recognition (ANPR) Market: 3m Company, ARH, Inc., COBAN Technologies, Inc., Digital Recognition Systems, Ltd., Genetec, Inc., Jenoptik AG, Q-Free ASA, Siemens AG, Tattile S.R.L, nd Vigilant Solutions.
Key findings of the study:
- Based on the system type, Fixed ANPR is projected to dominate the market.
- In APAC region, Singapore, South Korea, Australia and Malaysia are some of the key countries contributing to the growth of automatic number plate recognition market.
The market research study covers historical data of previous years along with a forecast of upcoming years based on revenue (USD million). The Automatic Number Plate Recognition (ANPR) Market reports also cover market dynamics, market overview, segmentation, market drivers, and restraints together with the impact they have on the Automatic Number Plate Recognition (ANPR) demand over the forecast period. Moreover, the report also delivers the study of opportunities available in the Automatic Number Plate Recognition (ANPR) market globally. The Automatic Number Plate Recognition (ANPR) market report study and forecasts is based on a worldwide and regional level.
The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the Automatic Number Plate Recognition (ANPR) industry. Growth of the overall Automatic Number Plate Recognition (ANPR) market has also been forecasted for the period 2019-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Automatic Number Plate Recognition (ANPR) Market Segment by Regions, Regional analysis covers: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
Answers That the Report Acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Automatic Number Plate Recognition (ANPR) Market.
- Key market trends cracking up the growth of the Automatic Number Plate Recognition (ANPR) Market.
- Challenges to market growth.
- Key vendors of Automatic Number Plate Recognition (ANPR) Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Automatic Number Plate Recognition (ANPR) Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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