Automatic Number Plate Recognition (ANPR) Market Report 2025

Automatic Number Plate Recognition (ANPR) Market to 2025 - Global Analysis and Forecast by Application (Vehicle Parking, Traffic Management, Security & Surveillance and Toll Enforcement), System Type (Mobile, Portable ANPR, Fixed ANPR) and End-Use Industry (Government and Commercial)

Publication Month : Aug 2017

  • Report Code : TIPTE100000124
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 177
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The Global Automatic Number Plate Recognition market is expected to grow from US$ 669.17 Mn in 2017 to US$ 1,654.35 Mn by 2025 at a CAGR of 12.0% between 2017 and 2025.

The automatic number plate recognition market is expected to exhibit high growth in near future across the globe, some of the major driving factors contributing the growth are rising acceptance of smart parking concept in developed as well as developing countries and infrastructure growth in emerging countries. However, development of shared platform for exchange of data from distinct sources and technological advancements some of future trends of automatic number plate recognition market during the forecast period.

Automatic Number Plate Recognition Regional Markets

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Market Insights

Security & Surveillance Application Segment is gaining traction globally

The emergence of Automatic Number Plate Recognition concept was mainly focused upon monitoring the vehicles. Various countries of the world face crimes of several types and vehicular based crimes were on the rise due to ease of escape through vehicles. Curbing of such crimes had become necessary and hence the use of ANPR systems integrated into the security systems have proved to be of great use. Also, Governments around the world have laid down various regulations regarding the speed limits and car ownerships with a view to control traffic congestion problems and air pollution problems especially in metropolitan areas. Thus, keeping a check on these regulations is well supported with the use of ANPR cameras and as a result their market is witnessing traction in adoptions.

Automatic Number Plate Recognition Market Expected to Flourish in APAC

The Asia Pacific region comprises of several developing countries such as China, Japan, South Korea, and India are witnessing a high growth in their population, further generating high demands for better civic amenities in the region. The automatic number plate recognition market in Asia Pacific has been witnessing significant growth owing to rising use of connected devices and industrialization. Australia leads the automatic number plate recognition system deployments whereas, China, South Korea accounted for second largest share of automatic number plate recognition market in terms of revenue in APAC region with plenty of smart initiatives being taken in the ANPR & ITS industry. These factors are anticipated to further propel the demand for automatic number plate recognition in APAC region.

 Automatic Number Plate Recognition Market by Region

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Automatic Number Plate Recognition (ANPR) Market: Strategic Insights

automatic-number-plate-recognition-anpr-market
Market Size Value inUS$ 669.17 Million in 2017
Market Size Value byUS$ 1,654.35 Million by 2025
Growth rateCAGR of 12.0% from 2017 to 2025
Forecast Period2017-2025
Base Year2017
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New product development was observed as the most adopted strategy in global automatic number plate recognition market. Few of the recent strategies by some of the players in automatic number plate recognition market landscape are listed below:

2017:The 3M company unveiled ‘revolutionary’ ANPR camera
2017:Siemens completed deployment of permanent average speed enforcement system across London.
2017:Q-Free is engaged in its third Australian Cooperative ITS (C-ITS) project, with the Queensland Department of Transport and Main Roads (TMR).
2017:Q-Free’s Intrada Automatic Licence Plate Recognition (ALPR) technology is certified to work with software from US company C2P.

GLOBAL AUTOMATIC NUMBER PLATE RECOGNITION – MARKET SEGMENTATION


By Application

  • Vehicle Parking
  • Traffic Management
  • Security & Surveillance
  • Toll Enforcement

By System Type

  • Mobile
  • Portable ANPR
  • Fixed ANPR

By End-user

  • Government
  • Commercial

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • U.K
  • Asia Pacific (APAC)

    • Japan
    • China
    • India
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • UAE
  • South America (SAM)

    • Brazil


Company Profiles

  • 3m Company
  • ARH, Inc.
  • COBAN Technologies, Inc.
  • Digital Recognition Systems, Ltd.
  • Genetec, Inc.
  • Jenoptik AG
  • Q-Free ASA
  • Siemens AG
  • Tattile S.R.L
  • Vigilant Solutions
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application , System Type and End-Use Industry

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

The List of Companies

1. 3m Company
2. ARH, Inc.
3. COBAN Technologies, Inc.
4. Digital Recognition Systems, Ltd.
5. Genetec, Inc.
6. Jenoptik AG
7. Q-Free ASA
8. Siemens AG
9. Tattile S.R.L
10. Vigilant Solutions

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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