Global and China License Plate Recognition Technology Market Size, Status and Forecast 2020-2026

This report 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.

Market Analysis and Insights: Global License Plate Recognition Technology Market
The global License Plate Recognition Technology market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global License Plate Recognition Technology 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 License Plate Recognition Technology market in terms of revenue.
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 License Plate Recognition Technology 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 License Plate Recognition Technology market.

Global License Plate Recognition Technology Scope and Market Size
License Plate Recognition Technology market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global License Plate Recognition Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Market segment by Type, the product can be split into

Cameras
Software & Services

Market segment by Application, split into

Traffic Management
Law Enforcement
Electronic Toll Collection
Car Park Management
Others

Based on regional and country-level analysis, the License Plate Recognition Technology market has been segmented as follows:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

In the competitive analysis section of the report, leading as well as prominent players of the global License Plate Recognition Technology 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.

The key players covered in this study

AlertSystems
ARH
Arvoo Imaging Products
Bosch Security Systems
CA Traffic
Clearview Communications
Digital Recognition Systems
Elsag
Genetec
GeoVision
HTS
Inex Tech
Jenoptik
Kapsch TrafficCom
Leonardo Company
MAV Systems
Motorola
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