DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8gzrqc/automatic_number) has announced the addition of the "Automatic Number Plate Recognition (ANPR) Market (Security and Surveillance, Vehicle Parking, Traffic Management, Toll Enforcement) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" report to their offering.
The global automatic number plate recognition (ANPR) market, valued at USD 415.5 million in 2013, is expected to witness strong growth at a CAGR of 13.5% during 2014 to 2020.
The automatic number plate recognition systems identify the number plate on the vehicle, recognize the characters, convert them into digital data and store the license plate number in a database. Automatic number plate recognition systems are seeing increasing adoption across different applications such as traffic enforcement, security and surveillance, parking management and toll enforcement. The key factor driving the growth of ANPR systems globally is its high penetration in traffic enforcement and security and surveillance applications across the world.
Some of the key players in the global automatic number plate recognition marketplace include PIPS Technology Ltd., NDI Recognition Systems Ltd., Genetec Inc., Tattile S.r.l. and Bosch Security Systems. The key strategy used by players to sustain in the ANPR market is to develop ANPR solutions with better reading capabilities and integrated ANPR systems. The market is highly fragmented and, thus, the competition within a particular market segment such as ANPR engine manufacturing, ANPR component manufacturers and system integrators is high. In the coming few years, manufacturers are expected to expand their operations in emerging economies such as China and India as the ANPR adoption in these countries is expected to swell over the forecast period.
The report analyzes the global automatic number plate recognition (ANPR) market in terms of revenue (USD million).
The market has been segmented as follows:
Automatic Number Plate Recognition (ANPR) Market, by Applications:
- Security and Surveillance
- Vehicle Parking
- Traffic Management
- - Red Light Control
- Toll Enforcement
Automatic Number Plate Recognition (ANPR) Market, by End-user:
- Government
- - Homeland Security
- - Traffic Department
- - Defense
- Commercial
- - Entertainment and Recreation Facilities (Shopping Centers, Multiplexes and Others)
- - Dedicated Car Parks
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global ANPR Market Overview
Chapter 4 Global ANPR Market Revenue, by Application
Chapter 5 Global ANPR Market Revenue, by End-user
Chapter 6 Global ANPR Market Revenue, by Geography
Chapter 7 Company Profiles
- ARH, Inc.
- Bosch Security Systems, Inc.
- Digital Recognition Systems, Ltd.
- ELSAG North America LLC
- Genetec, Inc.
- NDI Recognition Systems LLC
- PIPS Technology Ltd.
- Q-Free ASA
- Siemens AG
- Tattile S.r.l.
- Vigilant Solutions
For more information visit http://www.researchandmarkets.com/research/8gzrqc/automatic_number.
