Automatic Number Plate Recognition Systems for Advanced Security and Surveillance : Industry Report 2018
Automatic number plate recognition (ANPR) is a type of surveillance system capable of reading the number plates on vehicles using optical character recognition. The ANPR systems comprise frame grabbers, ANPR software, cameras, and triggers among other components. These systems are broadly categorized into fixed, mobile, and portable ANPR systems.
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High Demand for Advanced ANPR Systems from Electronic Toll Collection
Automatic number plate recognition systems find applications in traffic management, electronic toll collection, law enforcement, parking management, and access control. Electronic toll collection (ETC) application is likely to grow at a healthy pace in the forthcoming years. This growth can be associated with increasing use for recognizing number plates of vehicles, especially on highways.
Parking and traffic management segments are also likely to showcase steady growth in terms of demand in the forthcoming years. Applications in traffic signal control, detection of red light violation, and rise in vehicle thefts may boost the adoption across both these application segments. Increasing numbers of vehicles across the globe is anticipated to boost the demand for automatic number place recognition systems in the years to come.
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Market Overview
The global automatic number plate recognition market is anticipated to witness steady growth by 2023. Factors such as infrastructure development in developing countries and growing government funding to implement intelligent transport system (ITS) are anticipated to impel the growth over the forecast period (2018 to 2023). Deployment of advanced camera technologies and their rising adoption in security and surveillance systems and traffic management can further propel the market over the forecast period.
Some of the leading companies operating in the market include Kapsch TrafficCom AG; Siemens AG; Neology, Inc.; TagMaster North America, Inc.; and ARH Inc.