Automatic License Plate Recognition Market

Automatic License Plate Recognition Market studies the Automatic License Plate Recognition (ALPR) market.

Automatic number-plate recognition (ANPR; see also other names below) is a technology that uses optical character recognition on images to read vehicle registration plates to create vehicle location data. It can use existing closed-circuit television, road-rule enforcement cameras, or cameras specifically designed for the task. ANPR is used by police forces around the world for law enforcement purposes, including to check if a vehicle is registered or licensed. It is also used for electronic toll collection on pay-per-use roads and as a method of cataloguing the movements of traffic, for example by highways agencies.

Automatic License Plate Recognition Market contains market size and forecasts of Automatic License Plate Recognition (ALPR) in Global, including the following market information:

Global Automatic License Plate Recognition (ALPR) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Automatic License Plate Recognition (ALPR) market was valued at 1050.2 million in 2021 and is projected to reach US$ 1931.2 million by 2028, at a CAGR of 9.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Cameras Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automatic License Plate Recognition (ALPR) include Neology, Siemens, Elsag, Kapsch TrafficCom, ARH, Genetec, Bosch Security Systems, NDI Recognition Systems and Tattile, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automatic License Plate Recognition (ALPR) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automatic License Plate Recognition (ALPR) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Automatic License Plate Recognition (ALPR) Market Segment Percentages, by Type, 2021 (%)

Cameras

Hardware

Software& Services

Global Automatic License Plate Recognition (ALPR) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Automatic License Plate Recognition (ALPR) Market Segment Percentages, by Application, 2021 (%)

Traffic Management & Law Enforcement

Electronic Toll Collection

Car Park Management

Global Automatic License Plate Recognition (ALPR) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Automatic License Plate Recognition (ALPR) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automatic License Plate Recognition (ALPR) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Automatic License Plate Recognition (ALPR) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Neology

Siemens

Elsag

Kapsch TrafficCom

ARH

Genetec

Bosch Security Systems

NDI Recognition Systems

Tattile

Arvoo Imaging Products

Shenzhen AnShiBao

Petards Group

Digital Recognition Systems

CA Traffic

Clearview Communications

GeoVision

NEXCOM

HTS

TagMaster

ParkingEye Limited

AlertSystems

MAV Systems