Factors that are driving this market include the infrastructure growth in emerging economies, increasing allocation of funds by various governments on intelligent transport system (ITS), deployment of camera technologies in security and surveillance, and traffic enforcement application, and the growing usage of video analytics technology for intelligent monitoring of vehicles.
Houston, TX -- (SBWIRE) -- 04/26/2018 -- The Global Automatic Number Plate Recognition Systems Market to Grow steadily at a CAGR of +13% during the forecast period.
Automatic number plate recognition (ANPR) System mainly works on the basis of optical character recognition technology (OCR) to read the number plates and extracts the alphanumeric characters of the license plate equipped on the vehicles and stores the captured data in image format. Automatic number plate recognition systems uses either closed circuit televisions or the cameras specially designed for the number plate recognition. Automatic number plate recognition system uses infrared lighting which allows the camera to capture images and recognize the characters in the number plates at any given point of time and with change in configuration the cameras also capture the images of the driver as well.
The report on the Global Automatic Number Plate Recognition Systems Market is a comprehensive overview of the market, covering various aspects such as product definition, segmentation based on various parameters, distribution channel, supply chain analysis, and the prevailing vendor landscape. It compiles exhaustive information sourced via proven research methodologies. The information of the Automatic Number Plate Recognition Systems market is accessible in a logical chapter wise format.
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Companies Profiled in this report includes, Siemens, Bosch, 3M, Vigilant Solutions, Vysionics, ARH, CA Traffic management, Digital Recognition Systems, FLIR Systems, and others.
ANPR systems can be a standalone device or can be used with existing traffic enforcement cameras or closed-circuit televisions and are used by the police forces across the globe to prevent and detect crimes. These systems are also used for electronic toll collection on roads and for monitoring traffic activities such as red-light adherence and speed enforcement. Additionally, ANPR systems can assist in the detection of stolen vehicles. The ANPR technology varies from location to location depending on the designs of number plates.
The manufacturers in the Global Automatic Number Plate Recognition Systems Market are designated in terms of their product and shares in the annual volume of the market between for 2018 and 2023. This passage also includes details on the revenue generation capacity of key manufacturers.
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The report is designed to introduced Automatic Number Plate Recognition Systems Market and its vivid information with definition, classification, application and industry chain overview. The market report provides wide perspective and analysis of industry policy and plan, product specification manufacturing process, cost structure also it includes market condition of the main region, its product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc.
To conclude, contemplation of the noteworthy enactment of the Global Automatic Number Plate Recognition Systems Market is driven by various analysis tools and wide-ranging research reports. Citations are engaged to mount clear results and validate them.
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Table of Contents
Global Automatic Number Plate Recognition Systems Market Research Report 2018
Chapter 1 Global Automatic Number Plate Recognition Systems Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast