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    Automatic Number Plate Recognition System Market Size Worth $3.0 Billion by 2025  129  0 Kommentare Grand View Research, Inc. - Seite 2

    Overcrowded roads in the cities have put immense pressure on the civic bodies to develop technologically advanced solutions to deal with the road safety issues. This is a major factor instrumental for the implementation of automatic number plate recognition (ANPR) system for the monitoring of traffic violation and crime incidents. In recent years, there has been a rise in the number of automobile crimes such as vehicular homicide, carjacking, hit and run, and reckless driving that has forced the law enforcement agencies to adopt ANPR system for the recognition of vehicles. Moreover, excessive speed has been identified as a long-standing and significant contributing factor to accidents on roads worldwide. The use of speed cameras have certain limitations as they cannot accurately identify speeding vehicles. Hence, the need for advanced ANPR systems with analytical solutions are expected to drive the market over the forecast period.

    Grand View Research has segmented the global ANPR system market based on type, component, application, end use, and region:

    • Automatic Number Plate Recognition System Type Outlook (Revenue, USD Million, 2014 - 2025)
      • Fixed ANPR Systems
      • Portable ANPR Systems
    • Automatic Number Plate Recognition System Component Outlook (Revenue, USD Million, 2014 - 2025)
      • Hardware
        • ANPR Computer/Processor
        • Camera
        • Frame Grabber
        • Relay Cards
        • Others
      • Software
      • Service
        • Installation & Deployment
        • Training & Consulting
        • Testing Service
    • Automatic Number Plate Recognition System Application Outlook (Revenue, USD Million, 2014 - 2025)
      • Security & Surveillance
      • Toll Management
      • Parking Management
      • Traffic Management
      • Others
    • Automatic Number Plate Recognition System End-use Outlook (Revenue, USD Million, 2014 - 2025)
      • Government
      • Commercial
    • Automatic Number Plate Recognition System Region Outlook (Revenue, USD Million, 2014 - 2025)
      • North America
        • U.S.
        • Canada
      • Europe
        • U.K.
        • Germany
      • Asia Pacific
        • China
        • India
        • Japan
      • Latin America
        • Brazil
        • Mexico
      • MEA

    Find more research reports on Automotive and Transportation Industry, by Grand View Research:

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    Automatic Number Plate Recognition System Market Size Worth $3.0 Billion by 2025 Grand View Research, Inc. - Seite 2 SAN FRANCISCO, Dec. 16, 2019 /PRNewswire/ - The global automatic number plate recognition system market size is expected to reach USD 3.0 billion by 2025, registering a CAGR of 6.8% during the forecast period, according to a new report by Grand View …