ANPR System Market Report 2025

The ANPR system market size has grown strongly in recent years. It will grow from $2.76 billion in 2024 to $2.99 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to security and surveillance needs, traffic management solutions, counterterrorism measures, reduced hardware costs, government initiatives and funding.

The ANPR system market size is expected to see rapid growth in the next few years. It will grow to $4.53 billion in 2029 at a compound annual growth rate (CAGR) of 11%. The growth in the forecast period can be attributed to emergence of smart tolling systems, privacy compliant ANPR solutions, focus on parking solutions in urban areas, security concerns and border control. Major trends in the forecast period include integration with smart cities initiatives, advancements in deep learning and ai, ANPR in toll collection and parking management, cloud-based ANPR solutions, vehicle access control systems.

The rising incidents of road accidents are expected to drive the growth of the ANPR system market in the future. Road accidents involve incidents or collisions on public roads, affecting vehicles, pedestrians, cyclists, or other road users. ANPR cameras can streamline access control procedures, enhance security, prevent car theft, and improve traffic flow. They also serve as traffic monitoring tools, helping reduce accidents and congestion by reading license plates and issuing toll tickets. For example, in April 2024, Eurostat, the Luxembourg-based statistical office of the European Union, reported that road traffic accidents in the EU resulted in 20,653 fatalities in 2022, a 4% increase compared to the 19,917 deaths recorded in 2021. Thus, the growing number of road accidents is boosting the demand for ANPR systems.

The escalating issue of traffic congestion is poised to drive the expansion of the ANPR system market. Traffic congestion occurs when the volume of vehicles surpasses a road network's capacity, resulting in slower speeds, increased travel durations, and decreased transportation system efficiency. ANPR systems are integral to contemporary traffic management strategies, contributing significantly to congestion reduction, improved road safety, and enhanced overall transportation efficiency. For instance, as per gov.UK in July 2023, motor vehicle traffic on UK roads surged by 8.8% between 2021 and 2022, reaching 323.8 billion vehicle miles, signifying the driving force of mounting traffic congestion on the ANPR system market's growth trajectory.

Key players within the ANPR system market are embracing cutting-edge technologies such as shutter technology to fortify their market standing. Shutter technology regulates light exposure to lenses, capturing images on digital sensors or film. For example, in May 2023, Hanwha Vision, a South Korean video surveillance firm, introduced the TNO-7180RLP, a high-speed ANPR camera capable of identifying license plates on vehicles in two lanes traveling at speeds of up to 200 km/h. This camera integrates 3MP global shutter technology and a cloud-based solution, significantly enhancing license plate recognition precision. Moreover, it incorporates Hanwha's latest road AI solution, employing AI video analytics to determine observed cars' make, model, type, and color, marking a remarkable advancement in the ANPR camera industry.

Major players in the ANPR system market are actively innovating by introducing cloud-based Software as a Service (SaaS) products to bolster their market presence. Cloud-based SaaS allows remote program accessibility without local installation and maintenance. For instance, in October 2023, Adaptive Recognition Ltd., a Hungary-based ANPR technology expert, launched carmen cloud ANPR, a cloud-based innovation revolutionizing parking management. This real-time license plate recognition technology optimizes parking administration by enhancing data security, streamlining entry and exit processes, and providing an intuitive solution for parking system integrators. The carmen cloud ANPR aims to simplify parking management by enabling real-time license plate identification, optimizing entry and exit procedures, reducing wait times, and alleviating traffic congestion.

In October 2023, Cognex Corporation, a US-based provider of machine vision products and solutions, acquired Moritex Corporation for $275 million. The acquisition is intended to bolster Cognex's machine vision capabilities by incorporating high-performance optical components and advanced lighting solutions, thereby broadening its product portfolio and enhancing efficiency and quality in manufacturing and distribution processes. This move ultimately strengthens Cognex's position in the competitive industrial automation market. Moritex Corporation, based in Japan, specializes in optical components and imaging solutions.

Major companies operating in the ANPR system market include Nedap N.V., Siemens AG, Panasonic Holdings Corporation, Leonardo S.p.A, Hangzhou Hikvision Digital Technology Co. Ltd., Vigilant Solutions LLC, Dahua Technology USA, Conduent Incorporated, Plate Recognizer, Axis communications AB, Jenoptik AG, Avigilon Corporation, Kapsch TrafficCom AG, Bosch Security Systems Inc., Perceptics LLC, Aimetis Corp., Genetec Inc., PIPS Technology Inc., Q-Free ASA, ACTi Corporation, Tagmaster AB, Pumatronix Equipamentos Eletronicos Ltda., Alnet Systems Inc., ELSAG North America LLC, ARTECO S.u.r.l., Digital Recognition Systems Ltd., Adaptive Recognition Inc., NDI Recognition Systems LLC.

Europe was the largest region in the ANPR system market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anpr system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the anpr system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automatic Number Plate Recognition (ANPR), also known as License Plate Recognition (LPR) or Automatic License Plate Recognition (ALPR), is a technology leveraging optical character recognition (OCR) and image processing to automatically read and analyze vehicle license plates. ANPR systems typically incorporate specialized cameras, lighting systems, and image processing software. The cameras capture images of vehicles and their license plates, while the software processes these images to extract alphanumeric characters from the plates.

The primary types of ANPR systems include fixed ANPR systems, mobile ANPR systems, and portable ANPR systems. Fixed ANPR systems involve the installation of ANPR technology in a stationary location, such as at the entrance or exit of a parking lot, a toll booth, or a specific point on a road. Various components, such as ANPR cameras, ANPR software, frame grabbers, triggers, and others, are employed in these systems. They find applications in traffic management, law enforcement, electronic toll collection, parking management, and access control, catering to diverse end-users, including government, commercial entities, and institutions.

The ANPR systems market research report is one of a series of new reports that provides ANPR systems market statistics, including ANPR systems industry global market size, regional shares, competitors with a ANPR systems market share, detailed ANPR systems market segments, market trends and opportunities, and any further data you may need to thrive in the ANPR systems industry. This ANPR systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

ANPR system market consists of sales of charge-coupled device (CCD), infrared or color cameras, and radars. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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