According to a new report Global Automatic Number Plate Recognition System Market, published by KBV research, the Global Automatic Number Plate Recognition (ANPR) System Market size is expected to reach $3.6 billion by 2023, rising at a market growth of 9.6% CAGR during the forecast period.

The Europe market holds the largest market share in Global Automatic Number Plate Recognition System Fixed Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.9 % during the forecast period.

The North America market is expected to witness a CAGR of 10.7% during (2017 – 2023) in Global Automatic Number Plate Recognition (ANPR) System Mobile & Portable Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 12.8% during (2017 – 2023).

The ANPR Cameras market holds the largest market share in Global Automatic Number Plate Recognition (ANPR) System Market by Component in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.8 % during the forecast period. The Frame Grabber market is expected to witness a CAGR of 11% during (2017 – 2023). Additionally, The Triggers market is expected to witness highest CAGR of 11.5% during (2017 – 2023).

The Traffic Management market holds the largest market share in Global Automatic Number Plate Recognition (ANPR) System Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.5 % during the forecast period. The Parking Management market is expected to witness a CAGR of 12.2% during (2017 – 2023). Additionally, The Access Control market would garner market size of $306.1 million by 2023.

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Automatic Number Plate Recognition (ANPR) System Market have been discussed in the report with the elaborated company profiles of Kapsch (Kapsch Trafficcom AG), Q-Free ASA, Siemens AG, Genetec Inc., ARH Inc., Robert Bosch (Bosch Security Systems, Inc.), Smartrac (Neology, Inc.), Digital Recognition Systems Ltd., Vigilant Solutions, Inc., and Tattile SRL.

Full Report: http://kbvresearch.com/automatic-number-plate-recognition-system-market/
Global Automatic Number Plate Recognition System Market Segmentation

By Types

Fixed
Mobile & Portable

By Components

ANPR Cameras
ANPR Software
Frame Grabber
Triggers
Others

By Applications

Traffic Management
Law Enforcement
Electronic Toll Collection
Parking Management
Access Control

By Geographies

North America Automatic Number Plate Recognition System Market
US Automatic Number Plate Recognition System Market
Canada Automatic Number Plate Recognition System Market
Mexico Automatic Number Plate Recognition System Market
Rest of North America Automatic Number Plate Recognition System Market
Europe Automatic Number Plate-Recognition System Market
Germany Automatic Number Plate-Recognition System Market
UK Automatic Number Plate-Recognition System Market
France Automatic Number Plate-Recognition System Market
Russia Automatic Number Plate-Recognition System Market
Spain Automatic Number Plate-Recognition System Market
Italy Automatic Number Plate-Recognition System Market
Rest of Europe Automatic Number Plate-Recognition System Market
Asia Pacific Automatic Number Plate-Recognition System Market
China Automatic Number Plate-Recognition System Market
Japan Automatic Number Plate-Recognition System Market
India Automatic Number Plate-Recognition System Market
South Korea Automatic Number Plate-Recognition System Market
Singapore Automatic Number Plate-Recognition System Market
Malaysia Automatic Number Plate-Recognition System Market
Rest of Asia Pacific Automatic Number Plate-Recognition System Market
LAMEA Automatic Number Plate-Recognition System Market
Brazil Automatic Number Plate-Recognition System Market
Argentina Automatic Number Plate-Recognition System Market
UAE Automatic Number Plate-Recognition System Market
Saudi Arabia Automatic Number Plate-Recognition System Market
South Africa Automatic Number Plate-Recognition System Market
Nigeria Automatic Number Plate-Recognition System Market
Rest of LAMEA Automatic Number Plate-Recognition System Market

Companies Profiled

Kapsch (Kapsch Trafficcom AG)
Q-Free ASA
Siemens AG
Genetec Inc.
ARH Inc.
Robert Bosch (Bosch Security Systems, Inc.)
Smartrac (Neology, Inc.)
Digital Recognition Systems Ltd.
Vigilant Solutions, Inc.
Tattile SRL

Unique Offerings from KBV Research

Exhaustive coverage of Global Automatic Number Plate Recognition System Market
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Related Reports:

North America Automatic Number Plate Recognition System Market (2017-2023)

Europe Automatic Number Plate Recognition System Market (2017-2023)

Asia Pacific Automatic Number Plate Recognition System Market (2017-2023)

LAMEA Automatic Number Plate Recognition System Market (2017-2023)