Automatic License Plate Recognition System Market, Global Outlook and Forecast 2023-2028

Report ID: 1185351 | Published Date: Jan 2025 | No. of Page: 119 | Base Year: 2024 | Rating: 3.8 | Webstory: Check our Web story

Automatic License Plate Recognition (ALPR/ANPR) is a surveillance system with primary capability of capturing the image of vehicles and identifies their license number. ANPR systems consist of high-speed cameras with IR filters, processors capable of performing optical character recognition (OCR), application software, user interface, and an alert capability to notify operators in case of a match. 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.
This report contains market size and forecasts of Automatic License Plate Recognition System in Global, including the following market information:
Global Automatic License Plate Recognition System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automatic License Plate Recognition System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % 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 System include AlertSystems, ARH, Arvoo Imaging Products, Bosch Security Systems, CA Traffic, Clearview Communications, Elsag, Genetec and GeoVision, 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 System 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 System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automatic License Plate Recognition System Market Segment Percentages, by Type, 2021 (%)
Cameras
Hardware
Software and Services
Global Automatic License Plate Recognition System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automatic License Plate Recognition System Market Segment Percentages, by Application, 2021 (%)
Traffic Management
Law Enforcement
Electronic Toll Collection
Parking Management
Others
Global Automatic License Plate Recognition System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automatic License Plate Recognition System 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 System revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Automatic License Plate Recognition System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AlertSystems
ARH
Arvoo Imaging Products
Bosch Security Systems
CA Traffic
Clearview Communications
Elsag
Genetec
GeoVision
HTS
Inex Tech
Jenoptik
Kapsch TrafficCom
Leonardo Company
MAV Systems
NDI Recognition Systems
Nedap
Neology
NEXCOM
ParkingEye Limited
Perceptics
Petards Group
Q-free (Dacolian)
Rekor
Shenzhen AnShiBao
Siemens
Survision
TagMaster
Tattile
Vivotek

Frequently Asked Questions
Automatic License Plate Recognition System Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automatic License Plate Recognition System Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automatic License Plate Recognition System Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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