Recording a CAGR of 8.6% during the timeframe of 2022 to 2032, the global Automated Number Plate Recognition (ANPR) and Detection Sensors Market is anticipated to garner US$ 1.768 Million, against US$ 775 Million in 2022. The increasing deployment of ANPR systems in security and surveillance and traffic management applications is projected to be one of the key factors driving the market during the forecast period.
Report Attributes | Details |
---|---|
Projected Market Value (2022) | US$ 775 Million |
Anticipated Forecast Value (2032) | US$ 1,768 Million |
Estimated Growth Rate (2022 to 2032) | 8.6% |
Advancements in digital cameras and recognition equipment are expected to positively drive the market during the forecast period. Majorly deployed by automatic number plate recognition systems and law enforcement agencies, ANPR plays a crucial role in vehicle inventory management.
The flourishing automobile sector across the globe is anticipated to drive the ANPR market in the coming period. In addition, government authorities are focusing to develop integrated unmanned aerial vehicles (UAVs) for the deployment of a city-wide ANPR network that can augment the market size in the forecast period.
The portable ANPR type is anticipated to gain significant traction while exhibiting the highest CAGR during the forecast period. Such equipment is majorly adopted by law enforcement agencies due to its cost-effectiveness.
Several government authorities across the globe are focusing to offer contracts to ANPR providers such as NDI Recognition Systems, Tattile Srl, and Siemens, for the provision of portable automatic number plate recognition systems. For instance, the Government of the United Kingdom offered a contract to NDI Recognition Systems for purchasing portable automatic number plate recognition devices developed by NDI Recognition Systems- ROAD WARRIOR RADAR. Such factors are expected to offer significant support to the industry's growth during the forecast period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Growing demand for ANPR in automated toll collection centers and traffic law enforcement is expected to benefit the market during the forecast period. With growing awareness about highway speed limits among drivers, the ANPR sensors are gaining major demand in the automotive sector. Also, the advanced ANPR systems are eliminating the need to manually record the plates of individuals, which is projected to enhance its demand in the market in the coming period.
Further, the trend of e-challan is becoming popular in developing countries such as India. Manufacturers in India's automatic number plate recognition (ANPR) market are providing surveillance products at toll gates that facilitate sending non-compliance fees to the car associate. Such ongoing developments in the market are expected to benefit the market during the forecast period.
Additionally, favorable initiatives by the government of developing countries are anticipated to drive the market during the forecast period. For instance, in May 2022, Tamil Nadu, a State government of India, announced the installation of ANPR cameras to locate stolen vehicles. An integrated vehicle monitoring system will be introduced across the state. Such factors are expected to benefit the industry in the forecast period.
The global automated number plate recognition and detection market is anticipated to be hampered by inaccuracies, leading to false-positive readings. Further, robbers have used car cloning techniques to evade automatic number plate recognition systems. Also, concerns associated with data privacy are projected to be another cause hampering the market growth in the forecast period.
However, the integration of modern technologies like AI and IoT with ANPR systems is anticipated to counter the hampering causes and benefit the market during the forecast period. For instance, EFKON offers ANPR systems based on AI, offering a robust and ready-to-integrate system, that captures diverse types of license plates. Such factors are expected to strengthen the industry's growth in the coming time.
As per the analysis, the global ANPR sensors market is expected to be dominated by North America during the forecast period. The region is anticipated to secure a market share of 29.2% in 2022. The USA is expected to make the maximum contribution to developing the regional market.
The domination of the region can be attributed to the rapid digitalization of traffic monitoring devices in tunnels, bridges, and highways. Also, the IoT-enabled approach for the configuration of automatic number plate recognition with traffic monitoring devices is gaining high traction during the forecast period.
The demand for minimal human intervention in traffic monitoring devices is expected to influence the market positively. Also, ongoing research and development of radar-based automatic number plate recognition systems are anticipated to influence the market positively in the forecast period.
According to the analysis, Europe is anticipated to be the second-largest market for ANPR sensors. In 2022, the region is projected to secure about 22.8% of the market share. The United Kingdom is anticipated to make the maximum contribution to developing the market during the forecast period. The expansion of the European market can be attributed to the launch of modern devices by players in the region.
For instance, in November 2020, TagMaster launched the first camera in its new family of automatic number recognition cameras, TagMaster CT. Similarly, in 2018, Nedap, a leading specialist in long-range identification solutions, launched the next generation of its automatic number plate recognition platform. With the introduction of two brand-new cameras, Nedap caters to the growing demand for effective license plate reading in vehicle access control applications. Such factors are expected to benefit the European market during the forecast period.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Key players in the global automated number plate recognition and detection market include Vigilant Solutions Inc., Siemens AG, Tattile Srl, Q-Free ASA, Bosch Security Systems, Kapsch TrafficCom AG, and Jenoptik Traffic Solutions among others.
Report Attribute | Details |
---|---|
Growth Rate | 8.6 % CAGR from 2022 to 2032 |
Market Value in 2022 | US$ 775 Million |
Market Value in 2032 | US$ 1,768.0 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | USD Million for Value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Application, Sensor Type, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, Italy, France, Spain, Russia, United Kingdom, Italy, Russia, BENELUX, China, Japan, South Korea, Malaysia, South Korea, Singapore, Australia, GCC Countries, South Africa, Israel, Rest of Middle East and Africa |
Key Companies Profiled | Vigilant Solutions Inc.; Siemens AG; Tattile Srl; Q-Free ASA; Bosch Security Systems; Kapsch TrafficCom AG; Jenoptik Traffic Solutions |
Customization Scope | Available upon Request |
The global automated number plate recognition (ANPR) and detection market are expected to secure US$ 1,768.0 Million by 2032.
The global automated number plate recognition (ANPR) and detection market are predicted to display a CAGR of 8.6% during the forecast period.
Vigilant Solutions Inc., Siemens AG, Tattile Srl, and Bosch Security Systems are some of the players in the global automated number plate recognition (ANPR) and detection market.
1. Executive Summary | Automated Number Plate Recognition (ANPR) and Detection Sensors Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2022 to 2032 5.3.1. Parking Management 5.3.2. Law Enforcement 5.3.3. Speed Enforcement 5.3.4. Low-emission Zone Charging 5.3.5. Others 5.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sensor Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sensor Type, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sensor Type, 2022 to 2032 6.3.1. Radar 6.3.2. Video 6.3.3. Loop Detection 6.3.4. Infrared 6.3.5. Multi-Sensors 6.3.6. Others 6.4. Y-o-Y Growth Trend Analysis By Sensor Type, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Sensor Type, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021 7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Application 8.2.3. By Sensor Type 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Application 8.3.3. By Sensor Type 8.4. Key Takeaways 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Application 9.2.3. By Sensor Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Application 9.3.3. By Sensor Type 9.4. Key Takeaways 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United Kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Application 10.2.3. By Sensor Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Application 10.3.3. By Sensor Type 10.4. Key Takeaways 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.1.4. Malaysia 11.2.1.5. Singapore 11.2.1.6. Australia 11.2.1.7. New Zealand 11.2.1.8. Rest of Asia Pacific 11.2.2. By Application 11.2.3. By Sensor Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Application 11.3.3. By Sensor Type 11.4. Key Takeaways 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of Middle East and Africa 12.2.2. By Application 12.2.3. By Sensor Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Application 12.3.3. By Sensor Type 12.4. Key Takeaways 13. Key Countries Market Analysis 13.1. USA 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2021 13.1.2.1. By Application 13.1.2.2. By Sensor Type 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2021 13.2.2.1. By Application 13.2.2.2. By Sensor Type 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2021 13.3.2.1. By Application 13.3.2.2. By Sensor Type 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2021 13.4.2.1. By Application 13.4.2.2. By Sensor Type 13.5. Germany 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2021 13.5.2.1. By Application 13.5.2.2. By Sensor Type 13.6. United Kingdom 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2021 13.6.2.1. By Application 13.6.2.2. By Sensor Type 13.7. France 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2021 13.7.2.1. By Application 13.7.2.2. By Sensor Type 13.8. Spain 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2021 13.8.2.1. By Application 13.8.2.2. By Sensor Type 13.9. Italy 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2021 13.9.2.1. By Application 13.9.2.2. By Sensor Type 13.10. China 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2021 13.10.2.1. By Application 13.10.2.2. By Sensor Type 13.11. Japan 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2021 13.11.2.1. By Application 13.11.2.2. By Sensor Type 13.12. South Korea 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2021 13.12.2.1. By Application 13.12.2.2. By Sensor Type 13.13. Malaysia 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2021 13.13.2.1. By Application 13.13.2.2. By Sensor Type 13.14. Singapore 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2021 13.14.2.1. By Application 13.14.2.2. By Sensor Type 13.15. Australia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2021 13.15.2.1. By Application 13.15.2.2. By Sensor Type 13.16. New Zealand 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2021 13.16.2.1. By Application 13.16.2.2. By Sensor Type 13.17. GCC Countries 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2021 13.17.2.1. By Application 13.17.2.2. By Sensor Type 13.18. South Africa 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2021 13.18.2.1. By Application 13.18.2.2. By Sensor Type 13.19. Israel 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2021 13.19.2.1. By Application 13.19.2.2. By Sensor Type 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Application 14.3.3. By Sensor Type 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. Vigilant Solutions Inc. 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. Siemens AG 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. Tattile Srl 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. Q-Free ASA 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. Bosch Security Systems 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. Kapsch TrafficCom AG 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Jenoptik Traffic Solutions 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
Explore Technology Insights
View Reports