Automatic Number Plate Recognition (ANPR) System Market Size, Share, Opportunities, And Trends By Type (Fixed ANPR Systems, Portable ANPR Systems), By Component (Hardware (ANPR Computer/Processor, Camera, Frame Grabber, Relay Cards, Others), Software, Service (Installation & Deployment, Training & Consulting, Testing Service)), By Application (Security & Surveillance, Toll Management, Parking Management, Traffic Management, Others), By End-User (Commercial, Government), And By Geography - Forecasts From 2023 To 2028

The automatic number plate recognition system market is anticipated to have significant growth over the forecast period.

The increasing deployment of ANPR systems in security and surveillance and traffic management applications, infrastructure growth in emerging economies, increased allocation of funds by various governments for ITS, and the growing use of video analytics technology for intelligent vehicle monitoring are the major factors promoting the expansion of the ANPR system market. Furthermore, the rapid rise in demand for smart parking solutions is a significant driver of the ANPR system market's development. The integration of modern technologies such as IoT, Deep Learning, and AI with ANPR systems is driving the rise of ANPR systems in applications such as access control and road usage billing. A growing number of infrastructure development projects throughout the world, such as the Smart Cities mission and roadway modernization projects, are driving the expansion of the ANPR system market. Furthermore, the increasing usage of video analytics technology for intelligent vehicle monitoring is fueling the growth of the ANPR system sector.

Introduction:

The Automatic Number Plate Recognition (ANPR) System market is concerned with the technology used to automatically detect and interpret license plate information on automobiles. This method extracts alphanumeric data from license plates using optical character recognition (OCR), video cameras, and software. ANPR systems are widely used in a variety of industries, including law enforcement, traffic control, toll collecting, and parking management. These devices aid in real-time monitoring, identifying stolen cars, analyzing traffic flow, and improving overall security measures. The increasing need for effective traffic management systems, rising worries about vehicle security, and the global deployment of smart city programs are all driving market expansion. The ANPR System Market has grown significantly as a result of its broad use in improving security and surveillance measures in public places and transportation infrastructure. The rising requirement for effective traffic monitoring and management is driving market growth, which is being aided by improvements in machine learning, artificial intelligence, and deep learning technologies. Furthermore, government attempts to update transportation infrastructure, as well as the incorporation of ANPR systems into smart city projects, are fueling the market's rapid expansion. The growing emphasis on reducing traffic infractions, and car thefts, and streamlining toll-collecting operations is driving demand for ANPR systems, hence promoting market development.

Drivers:

• Growing traffic violations and increasing fatalities is the primary reason driving the market growth: The effectiveness of automatic number plate recognition technology in identifying infractions and disobeying traffic regulations has been proven. Using optical character recognition, this device effectively reads license plates from moving cars. It then records and stores the data in the program for further analysis and insights. In addition, ANPR technology makes it simple to measure traffic connected to sections, predicts vehicle speed, and identifies speed limit violations on public roads. This keeps security intact while doing away with the requirement for civil enforcement personnel at every intersection. Therefore, it is anticipated that this system will see a stronger demand to address urban and metropolitan traffic congestion issues as the number of traffic offenses and road congestion increases in urban regions.
• Integration of IoT and data analytics technology is boosting the market growth: To assess traffic, population statistics, peak hours, and other elements that contribute to crowded roads, civilian safety, and other urban city challenges, major economies across the world are actively integrating a variety of electronic technologies and sensor systems for various public use cases in metropolitan cities. Physical representation is superseded by the integration of sensor-based technologies and the Internet of Things (IoT). It encourages data-driven decision-making, which raises the effectiveness of transportation, leads to fewer clogged roads, and increases the number of people who obey traffic laws.
• The use of the ANPR system in the parking system is fueling the market expansion: Intelligent parking management has addressed the problems associated with parking in cities, and the automated number plate recognition system enhances the parking experience in general. Because they provide real-time data monitoring of cars and parking spots, ANPR cameras are very helpful in parking management systems. Additional uses of the data are made to lessen traffic and the inconvenience of parking, including car license plates and available spaces.
• The growing government initiatives on smart transportation systems are promoting market growth: There is a growing need for automatic number plate recognition systems in a variety of industries, including government, law enforcement, defense and security, and commerce. The market expansion is mostly driven by the government's increased funding of intelligent transportation systems. Moreover, enforcing laws governing traffic and government programs aimed at improving road safety via increased use of Automatic Number Plate Recognition is widely being adopted hence driving the market growth.

Products offered by key companies:

• 4MP DeepinView ANPR LPR Moto Varifocal Bullet Camera, HIK Vision: The Hikvision 4MP DeepinView ANPR LPR Moto Varifocal Bullet Camera has 140 dB WDR technology to provide crisp image in difficult lighting settings, outstanding low-light performance with DarkFighter technology, and excellent 4 MP resolution. For increased security, this camera has license plate recognition capabilities. It also has effective H.265+ compression for storage and bandwidth efficiency. It is a dependable option for any location owing to its five streams for a variety of uses, sturdy construction with IP67 water and dust protection, and IK10 vandal-proof classification.
• Intrada® ALPR, Q-Free ASA: Intrada® ALPR is an automatic license plate recognition (ALPR/ANPR) and vehicle analytics solution that can handle anything from a few photos to millions of daily transactions. Extremely high capture rates, industry-leading read rates, and exceptionally low error rates let Intrada ALPR give a fast return on investment. The company's multi-platform software library solution recognizes vehicle make, model, and plate styles in over 160 countries. Intrada ALPR is a complex tool that can run on any platform, due to its unequaled accuracy and ease of API interaction.

Prominent growth is anticipated in the traffic management sector under the application segment

The traffic management segment is likely to capture a major market size and is anticipated to expand at a high CAGR over the forecast period. By exchanging information, automatic number plate recognition technology helps to enhance traffic flow. The integration of the ANPR network with vehicle communication systems, including vehicle-to-vehicle networks and global positioning systems (GPS), is a major emphasis for automobile manufacturers. The category is growing because these systems provide data on origin-destination, travel speed, and traffic counts. Further, to give a simplified solution for urban traffic conditions and to eliminate traffic infractions to prevent road deaths, governments from various nations across the world are concentrating heavily on implementing traffic management systems throughout their metropolitans and highly crowded urban regions. As a result, throughout the projected period, these elements are anticipated to substantially propel the segment's growth.

The Asia Pacific region is expected to hold a significant share of the automatic number plate recognition (ANPR) system market:

The Asia Pacific area is expected to grow at the quickest rate among regional markets over the forecast period. In nations including China, Vietnam, Indonesia, and South Korea, ANPR systems are being used more often for parking rules, traffic management, and law enforcement. In addition, the need for this technology is rising as smart cities expand quickly. It is anticipated that the need for portable automated number plate recognition devices will increase as highway patrols become more important in these economies. Moreover, due to greater employment rates and better living standards, tier 1 and tier 2 cities are seeing an increase in population, which has led to traffic congestion. Furthermore, the government is becoming increasingly concerned about the rise in traffic infractions because these infractions are linked to an increase in traffic fatal accidents. Major Asian nations are aggressively using ANPR to reduce traffic infractions and congestion.

Key developments:

• Hikvision unveiled its cutting-edge pair of new license plate recognition cameras in September 2023. These cameras are ideal for a range of uses, including parking lots and farms. A 4 MP LPR Bullet Solar-Powered Camera Kit and two 7-Series LPR Dome Cameras are part of the product introduction.
• In April 2023, Kapsch TrafficCom reported that it had enhanced the security of its ANPR camera software using Artificial Intelligence (AI) components, leading to a notable increase in performance. With the help of deep learning and other approaches, the updated software can reliably recognize the license plates of hundreds of automobiles.

Segmentation:

• By Type 
  • Fixed ANPR Systems
  • Portable ANPR Systems
• By Component
  • Hardware
    • ANPR Computer/Processor
    • Camera
    • Frame Grabber
    • Relay Cards
    • Others
  • Software
  • Service
    • Installation & Deployment
    • Training & Consulting
    • Testing Service
• By Application
  • Security & Surveillance
  • Toll Management
  • Parking Management
  • Traffic Management
  • Others
• By End-use
  • Commercial
  • Government
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain  
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. AUTOMATIC NUMBER PLATE RECOGNITION (ANPR) SYSTEM MARKET, BY TYPE

5.1. Introduction

5.2. Fixed ANPR Systems

5.3. Portable ANPR Systems

6. AUTOMATIC NUMBER PLATE RECOGNITION (ANPR) SYSTEM MARKET, BY COMPONENT

6.1. Introduction

6.2. Hardware

6.2.1. ANPR Computer/Processor

6.2.2. Camera

6.2.3. Frame Grabber

6.2.4. Relay Cards

6.2.5. Others

6.3. Software

6.4. Service

6.4.1. Installation & Deployment

6.4.2. Training & Consulting

6.4.3. Testing Service

7. AUTOMATIC NUMBER PLATE RECOGNITION (ANPR) SYSTEM MARKET, BY APPLICATION

7.1. Introduction

7.2. Security & Surveillance

7.3. Toll Management

7.4. Parking Management

7.5. Traffic Management

7.6. Others

8. AUTOMATIC NUMBER PLATE RECOGNITION (ANPR) SYSTEM MARKET, BY END-USE

8.1. Introduction

8.2. Commercial

8.3. Government

9. AUTOMATIC NUMBER PLATE RECOGNITION (ANPR) SYSTEM MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. United States

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Others

9.6. Asia Pacific

9.6.1. Japan

9.6.2. China

9.6.3. India

9.6.4. South Korea

9.6.5. Taiwan

9.6.6. Thailand

9.6.7. Indonesia

9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

11. COMPANY PROFILES

11.1. Q-Free ASA (Guardian Captial)

11.2. Genetec Inc.

11.3. Kapsch TrafficCom AG

11.4. TagMaster

11.5. Conduent Inc.

11.6. Axis Communication (Canon)

11.7. Adaptive Recognition Inc.

11.8. Bosch Security Systems

11.9. Leonardo USA

11.10. HikVision

Q-Free ASA (Guardian Captial)

Genetec Inc.

Kapsch TrafficCom AG

TagMaster

Conduent Inc.

Axis Communication (Canon)

Adaptive Recognition Inc.

Bosch Security Systems

Leonardo USA

HikVision