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Global Automatic License Plate Recognition (ALPR) Market Size, Status and Forecast 2020-2026

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. Of the major players of the Automatic License Plate Recognition (ALPR) market, Neology maintained its first place in the ranking in 2017. Neology accounted for 6.95% of the Global Automatic License Plate Recognition (ALPR) market share in 2017. Other players accounted for 6.26%, 5.70% including Siemens and Elsag. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Automatic License Plate Recognition (ALPR) market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Automatic License Plate Recognition (ALPR) industry. Based on our recent survey, we have several different scenarios about the Automatic License Plate Recognition (ALPR) YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 811.7 million in 2019. The market size of Automatic License Plate Recognition (ALPR) will reach xx in 2026, with a CAGR of xx% from 2020 to 2026. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automatic License Plate Recognition (ALPR) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automatic License Plate Recognition (ALPR) market in terms of revenue. Players, stakeholders, and other participants in the global Automatic License Plate Recognition (ALPR) market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026. Regional and Country-level Analysis The report offers an exhaustive geographical analysis of the global Automatic License Plate Recognition (ALPR) market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026. Competition Analysis In the competitive analysis section of the report, leading as well as prominent players of the global Automatic License Plate Recognition (ALPR) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automatic License Plate Recognition (ALPR) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automatic License Plate Recognition (ALPR) market. The following players are covered in this report: 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 Automatic License Plate Recognition (ALPR) Breakdown Data by Type Cameras Hardware Software& Services Automatic License Plate Recognition (ALPR) Breakdown Data by Application Traffic Management& Law Enforcement Electronic Toll Collection Car Park Management
1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Automatic License Plate Recognition (ALPR) Revenue 1.4 Market Analysis by Type 1.4.1 Global Automatic License Plate Recognition (ALPR) Market Size Growth Rate by Type: 2020 VS 2026 1.4.2 Cameras 1.4.3 Hardware 1.4.4 Software& Services 1.5 Market by
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About this Report
Report ID 534741
Category
  • Equipment
Published on 22-Jun
Number of Pages 125
Publisher Name QY Research
Editor Rating
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