Automatic Number Plate Recognition Market
Automatic Number Plate Recognition Market Study by Hardware and Software for Security & Surveillance, Vehicle Parking Traffic Management, and Toll Enforcement from 2024 to 2034
Analysis of Automatic Number Plate Recognition Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automatic Number Plate Recognition Market Outlook (2024 to 2034)
The global automatic number plate recognition market is expected to be valued at US$ 4.34 billion in 2024 and is forecast to expand at a CAGR of 11.4% to end up at US$ 12.78 billion by 2034.
Automatic number plate recognition (ANPR) camera manufacturers are developing high-performance models. Blue chip businesses and the public sector are using these ANPR systems extensively to keep an eye on both authorized and unauthorized visitors. Business owners are strongly favoring the automatic logging of vehicle numbers into their system's database. To enable unlimited vehicle plate registration, businesses are innovating ANPR cameras with fast shutter speeds and variable intensity infrared (IR) lamps.
Consistent upgrade of the automatic number plate recognition system to provide a seamless user experience is the need of the hour. By incorporating avant-garde breakthroughs, service providers are not only able to reduce operational costs but also enhance their returns on investment. Use of sophisticated ANPR systems is removing the need for manual plate recording, which is expected to boost demand for the technology soon.
Key Market Growth Drivers
- The thriving automobile sector around the world is projected to contribute to the automatic number plate recognition market size in the coming years. Additionally, government authorities are focusing on developing integrated unmanned aerial vehicles (UAVs) for the deployment of an ANPR network throughout the city.
- Rising penetration of big data technologies, cloud computing, and other advanced technologies are prompting automatic number plate recognition system providers to transform services to a whole new level.
- Changing compliance and governance requirements are also widening the scope for automatic number plate recognition services.
- In various sectors such as government, law enforcement, defense and security, and commercial, demand for automatic number plate recognition systems increased at a noteworthy pace.
- The market is set to benefit during the forecast period from growing demand for ANPR in automated toll collection centers and traffic law enforcement. Drivers' increasing awareness of highway speed limits is driving up demand for ANPR sensors in the automotive industry.
- Increasing funding by governments for intelligent transport systems is playing an important role in driving automatic number plate recognition market growth.
| Report Attribute | Detail |
|---|---|
| Automatic Number Plate Recognition Market Size (2024E) | US$ 4.34 Billion |
| Forecasted Market Value (2034F) | US$ 12.78 Billion |
| Global Market Growth Rate (2024 to 2034) | 11.4% CAGR |
| North America Market Share (2024E) | 25% |
| East Asia Market Value (2024E) | US$ 986 Million |
| Security and Surveillance Segment Value (2034F) | US$ 3.83 Billion |
| Hardware Segment Value (2034F) | US$ 2.6 Billion |
| Key Companies Profiled | Bosch Security Systems; Digital Recognition Systems; Appalachian Regional Healthcare; Genetec; NDI Recognition Systems; LLC Kapsch TrafficCom AG; Q-Free ASA; Vigilant Solutions Inc.; Siemens AG; Tattile Srl; Q-Free ASA; Kapsch TrafficCom AG; Jenoptik Traffic Solutions. |
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Why is There Increase in Sales of Automatic Number Plate Recognition Systems?
“ANPR Systems Contributing to Crime Tracking and Investigation”
An automatic number plate recognition system is specifically designed to read automotive license plates. This system is used to track traveling criminal and terrorist organized crime groups. Law enforcement agencies are using automatic number plate recognition services to collect proof and lines of inquiry in the investigation of crime. Agencies such as the police force, traffic management facilities, toll agencies on pay-per-use roads, and parking management services are using automatic number plate recognition.
This system is playing a major role in locating the stolen vehicles. Automatic number plate recognition cameras are installed throughout the city to ensure clear monitoring. End users are utilizing mobile-based automatic number plate recognition systems to ensure better security, surveillance, and traffic regulation.
E-challans are also gaining popularity in developing countries such as India. Automatic number plate recognition system manufacturers in India are offering surveillance products at toll gates that make it easier to charge the car associate for non-compliance.
What Challenges are Impeding Market Growth?
“Inconsistency in Number Plate Designs and Data Privacy Concerns”
Key challenge faced by the developers of automatic number plate recognition systems worldwide is the inconsistency in number plate designs. It is becoming difficult to construct an algorithm that would read all fonts without any discrepancy as number plates differ in terms of their size or fonts in every part of the world.
The automatic number plate recognition software sometimes misreads registration numbers, which leads to problems in security and surveillance activities. Different illumination conditions, vehicle shadow, the non-uniformity of license plate characters, different fonts, and background colors are affecting the performance of automatic number plate recognition systems.
Market growth is expected to be hampered by inaccuracies that result in false-positive readings. Moreover, thieves have gotten around automatic number plate recognition systems by using car cloning techniques. Concerns about data privacy are also anticipated to be a contributing factor to the market's slow growth during the forecast period.
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Country-wise Insights
North America is poised to account for 25% of the global automatic number plate recognition market share in 2024. The market in Asia Pacific is projected to expand at a remarkable pace during the forecast period due to rapid infrastructure development and increasing government support to manage traffic congestion.
The European market is driven by rising demand for automatic number plate recognition systems for law enforcement applications, growing sales of automobiles, a rising population, and the need to ameliorate traffic management in regions. The increase in the use of automatic number plate recognition systems in security and surveillance applications is driving market growth in Europe.
What Purpose Do the ANPR Systems Serve for Law Enforcement Agencies in the United States?
“ANPR Systems Improving Operational Effectiveness and Public Safety”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 466.9 Million |
| Growth Rate (2024 to 2034) | 10.7% CAGR |
| Projected Value (2034F) | US$ 1.29 Billion |
Law enforcement agencies in the United States are frequently using automatic number plate recognition systems for tracking and vehicle identification. They are supporting traffic law enforcement, identification of stolen vehicles, and location of vehicles of interest. Law enforcement's need for ANPR systems is also fueling market expansion as organizations are looking to improve operational effectiveness and public safety.
Traffic management systems are also using ANPR technology to enforce tolling, monitor, and control traffic flow, and identify infractions such as speeding and running red lights. ANPR systems are used by municipalities and transportation authorities to enhance traffic safety, reduce congestion, and enhance the infrastructure supporting transportation.
What is Driving Sales of Automatic Number Plate Recognition Systems in Japan?
“Extensive Use of Automatic Number Plate Recognition for Efficient Parking Management”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 284.9 Million |
| Growth Rate (2024 to 2034) | 13.1% CAGR |
| Projected Value (2034F) | US$ 977.3 Million |
Road safety and effective traffic management are highly valued in Japan, which is a key automatic number plate recognition market trend. To control traffic in urban areas, enforce traffic laws, and monitor traffic flow, ANPR systems are essential. On Japanese roads, increased traffic efficiency and safety are facilitated by ANPR systems' automatic detection and processing of license plate data.
To effectively manage parking facilities in urban areas with a limited supply of parking spaces, ANPR systems are implemented. By automating entry and exit procedures, keeping an eye on parking availability, and enforcing parking rules, these systems maximize parking utilization and generate income for parking operators.
Category-wise Insights
Security & surveillance and traffic management segments together are set to account for more than half of the global market share. In fixed ANPR systems, cameras are positioned at fixed locations, including street lights, buildings, signboards, or highway overpasses, to provide continuous high-traffic area surveillance and monitor high criminal activity areas at a safe distance.
How is Modern ANPR Hardware Enhancing Vehicle Monitoring and Security?
“Advancements in Camera Technology and Image Processing”
| Attribute | Hardware |
|---|---|
| Segment Value (2024E) | US$ 2.6 Billion |
| Growth Rate (2024 to 2034) | 11% CAGR |
| Projected Value (2034F) | US$ 7.41 Billion |
Demand for more security in parking lots, public areas, roadways, and residential areas is rising. Hardware ANPR systems enhance monitoring and security by automatically capturing and recognizing vehicle license plates, offering strong surveillance capabilities. Hardware ANPR systems have evolved in response to advances in camera technology, image processing algorithms, and hardware components. Modern ANPR cameras have improved accuracy and dependability due to their ability to process data quickly, capture high-resolution images, and work well in a variety of lighting scenarios.
Which Application Accounts for Substantial Revenue Streams?
“Widespread Use of Automatic Number Plater Recognition for Security & Surveillance”
| Attribute | Security & Surveillance |
|---|---|
| Segment Value (2024E) | US$ 1.21 Billion |
| Growth Rate (2024 to 2034) | 12.2% CAGR |
| Projected Value (2034F) | US$ 3.83 Billion |
By application, demand for automatic number plate recognition systems for surveillance and security is projected to grow at a significant rate in the years to come. As the automatic number plate recognition system reduces traffic congestion and improves traffic safety, the segment is set to account for a significant revenue share.
Market growth is attributed to the need for a proper flow of traffic amidst the increasing sales of automobiles throughout the forecasted period. As the data provided by automatic number plate recognition products includes traffic count, travel speed, and proven origin and destination, these can be helpful in proper traffic management.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the automatic number plate recognition industry are developing high-performance ANPR cameras. Such ANPR systems are being widely adopted in the public sector and by blue-chip companies to monitor authorized and unauthorized visitors. The automatic logging of vehicle numbers into the system’s database is highly preferred by company owners. Companies are innovating in ANPR cameras with variable intensity infrared (IR)-lamps and fast shutters to deploy unlimited registration of vehicle plates.
- In January 2024, the Delhi government introduced AI-powered cameras to detect traffic violations, enhancing road safety. These cameras, capable of identifying 19 violations, such as mobile phone usage while driving and invalid PUCC, aim to improve traffic management.
- In July 2023, Mangalore International Airport (MIA) introduced the automatic number plate recognition (ANPR) system, enabling seamless entry and exit of vehicles to and from the airport. The ANPR system uses e-payment technology like FASTag, which takes care of the payments for the end user, a release from MIA said on Saturday.
Fact.MR provides detailed information about the price points of key manufacturers of automatic number plate recognition systems positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.
Segmentation of ANPR Market Research
-
By Component :
- Hardware
- ANPR Cameras
- Frame Grabbers
- Other
- Software
- Hardware
-
By Application :
- Security & Surveillance
- Vehicle Parking
- Traffic Management
- Toll Enforcement
- Others
-
By End User :
- Government
- Homeland Security
- Traffic Departments
- Defense
- Others
- Commercial
- Entertainment & Recreation Facilities
- Dedicated Car perks
- Others
- Government
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Component 6.2. Application 6.3. End User 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Component 7.1. Hardware 7.2. Software 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 8.1. Security & Surveillance 8.2. Vehicle Parking 8.3. Traffic Management 8.4. Toll Enforcement 8.5. Others 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End User 9.1. Government 9.2. Commercial 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Component, Application, End User, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Bosch Security Systems 20.2. Digital Recognition Systems 20.3. Appalachian Regional Healthcare 20.4. Genetec 20.5. NDI Recognition Systems 20.6. LLC Kapsch TrafficCom AG 20.7. Q-Free ASA 20.8. Vigilant Solutions Inc. 20.9. Siemens AG 20.10. Tattile Srl 20.11. Q-Free ASA 20.12. Kapsch TrafficCom AG 20.13. Jenoptik Traffic Solutions 21. Assumptions and Acronyms Componentd 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Component, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Component, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by End User, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by End User, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by End User, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Component, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Component, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End User, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End User, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Component, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Component, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End User, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End User, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Component, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Component, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End User, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End User, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Component, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Component, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by End User, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by End User, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Component, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Component, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by End User, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by End User, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Component, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Component, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by End User, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by End User, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Component, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Component, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by End User, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by End User, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Component, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Component, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Component, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by End User, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by End User, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by End User, 2024 to 2034
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- FAQs -
How big is the automatic number plate recognition market in 2024?
The global market for automatic number plate recognition is estimated at US$ 4.34 billion in 2024.
What is the future projection for the automatic number plate recognition market?
Worldwide revenue from automatic number plate recognition is projected to reach US$ 12.78 billion by 2034.
What is the demand growth projection for the global market?
Worldwide demand for automatic number plate recognition is forecasted to rise at a CAGR of 11.4% between 2024 to 2034.
At what rate is the market in Japan forecasted to expand?
The market in Japan is projected to expand at a CAGR of 13.1% through 2034.
What is the projection for the market in East Asia?
The market in East Asia is projected to generate revenue worth US$ 986 million in 2024.
Which application exhibits high demand for automatic number plate recognition systems?
The security and surveillance segment is estimated to reach US$ 3.83 billion through 2034.
Who are the leading producers of automatic number plate recognition systems?
Leading companies in this market are Bosch Security Systems, Digital Recognition Systems, and Appalachian Regional Healthcare.
Automatic Number Plate Recognition Market