ANPR System Market - Top Companies and Manufacturers

  • Report ID: 4119
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Companies Dominating the Automatic Number Plate Recognition System Landscape

    • 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: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automatic number plate recognition system is evaluated at USD 3.81 billion.

The automatic number plate recognition system market size was over USD 3.56 billion in 2024 and is poised to exceed USD 10.53 billion by 2037, witnessing over 8.7% CAGR during the forecast period i.e., between 2025-2037. 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 will drive the market growth.

Asia Pacific industry is predicted to hold largest revenue share of 38% by 2037, 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.

The major players in the market include 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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