Automatic License Plate Recognition (ALPR) Market Size 2020: In-depth Analysis by Industry Size, Trends, Shares, Growth, Opportunities and Forecast by 2026
Report marketgrowthreports.com latest publication, Automatic License Plate Recognition (ALPR) Market Research Report 2020, what's more, offers a wise interpretation of the drivers and limitations present in the market. It evaluates the verifiable information involving to the Automatic License Plate Recognition (ALPR) market and looks at it to the present market patterns to give the checks a definite investigation of the direction of the market. A group topic specialists have given the subjective and quantitative information about the market and the different components related with it. Moreover, this report incorporates a precise serious investigation of significant market players and their systems during the projection course of events.
Automatic number-plate recognition (ANPR; see also other names below) is a technology that uses optical character recognition on images to read vehicle registration plates to create vehicle location data. It can use existing closed-circuit television, road-rule enforcement cameras, or cameras specifically designed for the task. ANPR is used by police forces around the world for law enforcement purposes, including to check if a vehicle is registered or licensed. It is also used for electronic toll collection on pay-per-use roads and as a method of cataloguing the movements of traffic, for example by highways agencies.,
Automatic License Plate Recognition (ALPR) Market competition by Top Countries manufacturers/ Key player Data Profiled:
Neology,Siemens,Elsag,Kapsch TrafficCom,ARH,Genetec,Bosch Security Systems,NDI Recognition Systems,Tattile,Arvoo Imaging Products,Shenzhen AnShiBao,Petards Group,Digital Recognition Systems,CA Traffic,Clearview Communications,GeoVision,NEXCOM,HTS,TagMaster,ParkingEye Limited,AlertSystems,MAV Systems,
And More……
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Automatic License Plate Recognition (ALPR) Market Segment by Type covers:
- Cameras
- Hardware
- Software& Services
Automatic License Plate Recognition (ALPR) Market Segment by Applications can be divided into:
- Traffic Management& Law Enforcement
- Electronic Toll Collection
- Car Park Management
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Of the major players of the Automatic License Plate Recognition (ALPR) market, Neology maintained its first place in the ranking in 2017. Neology accounted for 6.95% of the Global Automatic License Plate Recognition (ALPR) market share in 2017. Other players accounted for 6.26%, 5.70% including Siemens and Elsag., The worldwide market for Automatic License Plate Recognition (ALPR) is expected to grow at a CAGR of roughly 12.0% over the next five years, will reach 1270 million US$ in 2024, from 640 million US$ in 2019, according to a new GIR (Global Info Research) study.This report focuses on the Automatic License Plate Recognition (ALPR) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.,
Regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
The report provides an in-depth knowledge of the Global Automatic License Plate Recognition (ALPR) market scenario:
- Market Overview
- Market Analysis by Regions
- Market Dynamics & Companies Profiles, Business Overview
- Data Source
- Research Findings and Conclusion
- Market trends & developments
- Company profiles of leading companies
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Automatic License Plate Recognition (ALPR) market in 2025 is also explained. Additionally, type wise and application wise consumption tables and figures of Automatic License Plate Recognition (ALPR) market are also given.
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