Global Automatic License Plate Recognition (ALPR) Market 2019 Analysis, Applications, Size, Share, Overview To 2024

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.

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.

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According to this study, over the next five years the Automatic License Plate Recognition (ALPR) market will register a 12.0% CAGR in terms of revenue, the global market size will reach US$ 1270 million by 2024, from US$ 640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automatic License Plate Recognition (ALPR) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic License Plate Recognition (ALPR) market by product type, application, key manufacturers and key regions and countries.

This study considers the Automatic License Plate Recognition (ALPR) value and volume generated from the sales of the following segments:

Segmentation by product type

Cameras

Hardware

Software& Services

Segmentation by application

Traffic Management& Law Enforcement

Electronic Toll Collection

Car Park Management

This report also splits the market by region

Americas

 APAC

 Europe

 Middle East & Africa

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report

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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Automatic License Plate Recognition (ALPR) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of Automatic License Plate Recognition (ALPR) market by identifying its various subsegments.

Focuses on the key global Automatic License Plate Recognition (ALPR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Automatic License Plate Recognition (ALPR) with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Automatic License Plate Recognition (ALPR) submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Contents

2019-2024 Global Automatic License Plate Recognition (ALPR) Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Automatic License Plate Recognition (ALPR) Consumption 2014-2024

2.1.2 Automatic License Plate Recognition (ALPR) Consumption CAGR by Region

2.2 Automatic License Plate Recognition (ALPR) Segment by Type

2.2.1 Cameras

2.2.2 Hardware

2.2.3 Software& Services

2.3 Automatic License Plate Recognition (ALPR) Consumption by Type

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