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The Asia Pacific Automatic Number Plate Recognition (ANPR) System Market would witness market growth of 11.1% CAGR during the forecast period (2017 ? 2023). Automatic Number Plate Recognition (ANPR) is a powerful technology used to accurately read vehicle number plates without human intervention.
Capturing High-speed images with supporting illumination, detecting characters from the images, verification of the character sequences from the license plates, character recognition to convert an image to text, are used to identify the license plate and the associated text of that plate. The market in the Asia Pacific region would witness significant growth and grow at the highest rate during the forecast period.
The demand for ANPR systems in APAC is expected to be driven due to rapid growth in the public infrastructure and highways. Based on Types, the market report segments the market into Fixed and Mobile & Portable. Based on Components, the Asia Pacific Automatic Number Plate Recognition (ANPR) System market report segments the market into ANPR Cameras, ANPR Software, Frame Grabber, Triggers and Others.
Based on Applications, the market report segments the market into Traffic Management, Law Enforcement, Electronic Toll Collection, Parking Management, and Access Control. Based on Countries, the Automatic Number Plate Recognition (ANPR) System market report segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the Asia Pacific Automatic Number Plate Recognition (ANPR) System Market. Key companies profiled in the report include 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.