Automatic Number Plate Recognition (ANPR) Camera Market analysis & Forecast 2027

BROOKLYN, N.Y. - March 19, 2020 - PRLog -- Smart & safe city concept is emerging very rapidly especially in developing world. Automatic Number Plate Recognition (ANPR) Camera is one the technology that helps to capture image of vehicles and identifies their license number. It recognises the number plate, identify the characters, convert them into digital data and store the license plate number in a database. Global Automatic Number Plate Recognition (ANPR) Camera Market has seen significant growth rate since 2014.

Automatic Number Plate Recognition (ANPR) Camera Market estimated to reach USD 1263.38 million by 2027 with expected CAGR of 10.2 % between 2020 to 2028. Study includes Top-down and bottom-up approaches in order to validate the global Automatic Number Plate Recognition (ANPR) Camera size, regional analysis, product segments and end users /applications. Growth pattern, profitability and marketing assumptions are also important aspects of competitive analysis for Automatic Number Plate Recognition (ANPR) Camera Market. Regional supplier insight included in research study is very important parameter of procurement insight. Research considers both Vertical & Horizontal business mergers in recent times.


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Report comprises of in detail analysis of key players of market such as:

·        MAV Systems

·        3M

·        Genetec

·        ARH

·        Siemens

·        Tatile

·        Arvoo Imaging Products

·        Bosch Security Systems

·        Elsag

·        Shenzhen AnShiBao

·        NDI Recognition Systems

·        Petards Group

·        Shenzhen Lefound

·        Digital Recognition Systems

·        CA Traffic

·        PaisAn

Study published uses unique approach to deal with complex market problems such as dynamic economic climate, cash flow, profit margins, cost reduction, financing. Solving these problems helps business to achieve new business goals. Study takes into consideration almost all vital factors that lead to better business strategies. ROI (return on investment) is one of the most important parts of business plan. Research study helps to overcome challenges to measure accurate ROI. Organization's marketing, sales, engineering, product/service management & support teams need to work shoulder to shoulder to build and execute product differentiation strategy with precision.

Automatic Number Plate Recognition (ANPR) Camera Market: Product Type analysis

·        Mobile ANPR Camera

·        Fixed ANPR Camera

·        Portable ANPR Camera

Automatic Number Plate Recognition (ANPR) Camera Market: Application analysis

·        Red Light Enforcement

·        Law Enforcement

·        Speed Enforcement

·        Parking Management

·        Traffic Management

·        Road Tolling

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