ANPR System Market - Top Companies and Manufacturers

  • Report ID: 4119
  • Published Date: Jul 25, 2024
  • Report Format: PDF, PPT

Companies Dominating the Automatic Number Plate Recognition System Landscape

top-features-companies
    • Kapsch TrafficCom AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens Mobility Global
    • Bosch Security Systems Ltd.
    • Q-Free ASA
    • Genetec, Inc.
    • Conduent, Inc.
    • Motorola Solutions, Inc.
    • Axis Communications AB
    • PIPS Technology (Neology, Inc.)
    • Tattile s.r.l

Browse Key Market Insights with Data Illustration:

In the News

  • Traffic service vehicles in the City of Cape Town got ANPR technology installed for identifying cloned and duplicate license plates. This technology helped traffic service officers make nearly 2000 arrests for drunk and reckless driving, impound over 6500 public transport vehicles, and recorded more than 2.6 million offenses from July 2020 to June 2021.

  •  Hanwha Techwin launched their AI-based ALPR cameras, Wisenet Road AI, which is capable of recognizing the make, model, and color of vehicles along with providing traffic statistics. This system also supports black/white list notifications and up to 10,000 detailed records.


Author Credits:  Abhishek Verma


  • Report ID: 4119
  • Published Date: Jul 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of automatic number plate recognition (ANPR) system is assessed at USD 3.52 Billion.

The automatic number plate recognition (ANPR) system market size was over USD 3.26 Billion in 2023 and is projected to reach USD 9.77 Billion by the end of 2036, growing at around 8.8% CAGR during the forecast period i.e., between 2024-2036. Increasing deployment of ANPR systems for security and surveillance, traffic management applications, and initiatives by governments for the development of smart cities, including smart transportation and traffic management systems are the major factors driving the market growth.

Asia Pacific is anticipated to account for majority industry share by 2036, owing to rapid economic growth in the region and increasing government initiatives towards adopting intelligent transportation systems, along with increasing usage of sophisticated security and surveillance technologies.

Kapsch TrafficCom AG, Siemens Mobility Global, Bosch Security Systems Ltd., Q-Free ASA, Genetec, Inc., Conduent, Inc., Motorola Solutions, Inc., Axis Communications AB, PIPS Technology (Neology, Inc.), Tattile s.r.l
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