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Global License Plate Recognition System Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 238
  • CATEGORY
  • Heavy Industry
License Plate Recognition System market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The License Plate Recognition System market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the License Plate Recognition System manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the License Plate Recognition System market covering all its essential aspects.

Global License Plate Recognition System Market: Segmentations


Global License Plate Recognition System Market: By Types
Mobile License Plate Recognition System
Fixed License Plate Recognition System
Portable License Plate Recognition System

Global License Plate Recognition System Market: By Applications
Traffic Management
Law Enforcement
Electronic Toll Collection
Parking Management
Others

Global License Plate Recognition System Market: Major Players
Neology (3M)
Siemens
Kapsch TrafficCom
Vivotek
ARH
GeoVision
Genetec
Tattile
Bosch Security Systems
NEXCOM
HTS
Elsag
TagMaster
Petards Group
NDI Recognition Systems
Shenzhen AnShiBao
ParkingEye Limited
AlertSystems
Euro Car Parks Limited (UK)
CA Traffic
Vigilant Solutions, Inc. (US)
PaisAn

Global License Plate Recognition System Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global License Plate Recognition System market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of License Plate Recognition System would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the License Plate Recognition System Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 License Plate Recognition System Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global License Plate Recognition System Revenue by Type: 2017 Versus 2022 Versus 2032
1.2.2 Mobile License Plate Recognition System
1.2.3 Fixed License Plate Recognition System
1.2.4 Portable License Plate Recognition System
1.3 Market Analysis by Application
1.3.1 Overview: Global License Plate Recognition System Revenue by Application: 2017 Versus 2022 Versus 2032
1.3.2 Traffic Management
1.3.3 Law Enforcement
1.3.4 Electronic Toll Collection
1.3.5 Parking Management
1.3.6 Others
1.4 Global License Plate Recognition System Market Size & Forecast
1.4.1 Global License Plate Recognition System Sales in Value (2017-2032))
1.4.2 Global License Plate Recognition System Sales in Volume (2017-2032)
1.4.3 Global License Plate Recognition System Price by Type (2017-2032) & (US$/Unit)
1.5 Global License Plate Recognition System Production Capacity Analysis
1.5.1 Global License Plate Recognition System Total Production Capacity (2017-2032)
1.5.2 Global License Plate Recognition System Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 License Plate Recognition System Market Drivers
1.6.2 License Plate Recognition System Market Restraints
1.6.3 License Plate Recognition System Trends Analysis
2 Manufacturers Profiles
2.1 Neology (3M)
2.1.1 Neology (3M) Details
2.1.2 Neology (3M) Major Business
2.1.3 Neology (3M) License Plate Recognition System Product and Services
2.1.4 Neology (3M) License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.2 Siemens
2.2.1 Siemens Details
2.2.2 Siemens Major Business
2.2.3 Siemens License Plate Recognition System Product and Services
2.2.4 Siemens License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.3 Kapsch TrafficCom
2.3.1 Kapsch TrafficCom Details
2.3.2 Kapsch TrafficCom Major Business
2.3.3 Kapsch TrafficCom License Plate Recognition System Product and Services
2.3.4 Kapsch TrafficCom License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.4 Vivotek
2.4.1 Vivotek Details
2.4.2 Vivotek Major Business
2.4.3 Vivotek License Plate Recognition System Product and Services
2.4.4 Vivotek License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.5 ARH
2.5.1 ARH Details
2.5.2 ARH Major Business
2.5.3 ARH License Plate Recognition System Product and Services
2.5.4 ARH License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.6 GeoVision
2.6.1 GeoVision Details
2.6.2 GeoVision Major Business
2.6.3 GeoVision License Plate Recognition System Product and Services
2.6.4 GeoVision License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.7 Genetec
2.7.1 Genetec Details
2.7.2 Genetec Major Business
2.7.3 Genetec License Plate Recognition System Product and Services
2.7.4 Genetec License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.8 Tattile
2.8.1 Tattile Details
2.8.2 Tattile Major Business
2.8.3 Tattile License Plate Recognition System Product and Services
2.8.4 Tattile License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.9 Bosch Security Systems
2.9.1 Bosch Security Systems Details
2.9.2 Bosch Security Systems Major Business
2.9.3 Bosch Security Systems License Plate Recognition System Product and Services
2.9.4 Bosch Security Systems License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.10 NEXCOM
2.10.1 NEXCOM Details
2.10.2 NEXCOM Major Business
2.10.3 NEXCOM License Plate Recognition System Product and Services
2.10.4 NEXCOM License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.11 HTS
2.11.1 HTS Details
2.11.2 HTS Major Business
2.11.3 HTS License Plate Recognition System Product and Services
2.11.4 HTS License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.12 Elsag
2.12.1 Elsag Details
2.12.2 Elsag Major Business
2.12.3 Elsag License Plate Recognition System Product and Services
2.12.4 Elsag License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.13 TagMaster
2.13.1 TagMaster Details
2.13.2 TagMaster Major Business
2.13.3 TagMaster License Plate Recognition System Product and Services
2.13.4 TagMaster License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.14 Petards Group
2.14.1 Petards Group Details
2.14.2 Petards Group Major Business
2.14.3 Petards Group License Plate Recognition System Product and Services
2.14.4 Petards Group License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.15 NDI Recognition Systems
2.15.1 NDI Recognition Systems Details
2.15.2 NDI Recognition Systems Major Business
2.15.3 NDI Recognition Systems License Plate Recognition System Product and Services
2.15.4 NDI Recognition Systems License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.16 Shenzhen AnShiBao
2.16.1 Shenzhen AnShiBao Details
2.16.2 Shenzhen AnShiBao Major Business
2.16.3 Shenzhen AnShiBao License Plate Recognition System Product and Services
2.16.4 Shenzhen AnShiBao License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.17 ParkingEye Limited
2.17.1 ParkingEye Limited Details
2.17.2 ParkingEye Limited Major Business
2.17.3 ParkingEye Limited License Plate Recognition System Product and Services
2.17.4 ParkingEye Limited License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.18 AlertSystems
2.18.1 AlertSystems Details
2.18.2 AlertSystems Major Business
2.18.3 AlertSystems License Plate Recognition System Product and Services
2.18.4 AlertSystems License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.19 Euro Car Parks Limited (UK)
2.19.1 Euro Car Parks Limited (UK) Details
2.19.2 Euro Car Parks Limited (UK) Major Business
2.19.3 Euro Car Parks Limited (UK) License Plate Recognition System Product and Services
2.19.4 Euro Car Parks Limited (UK) License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.20 CA Traffic
2.20.1 CA Traffic Details
2.20.2 CA Traffic Major Business
2.20.3 CA Traffic License Plate Recognition System Product and Services
2.20.4 CA Traffic License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.21 Vigilant Solutions, Inc. (US)
2.21.1 Vigilant Solutions, Inc. (US) Details
2.21.2 Vigilant Solutions, Inc. (US) Major Business
2.21.3 Vigilant Solutions, Inc. (US) License Plate Recognition System Product and Services
2.21.4 Vigilant Solutions, Inc. (US) License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
2.22 PaisAn
2.22.1 PaisAn Details
2.22.2 PaisAn Major Business
2.22.3 PaisAn License Plate Recognition System Product and Services
2.22.4 PaisAn License Plate Recognition System Sales, Price, Revenue, Gross Margin and Market Share (2017-2022)
3 License Plate Recognition System Sales by Manufacturer
3.1 Global License Plate Recognition System Sales in Volume by Manufacturer (2017-2022e)
3.2 Global License Plate Recognition System Revenue by Manufacturer (2017-2022e)
3.3 Key Manufacturer Market Position in License Plate Recognition System
3.4 Market Concentration Rate
3.4.1 Top 3 License Plate Recognition System Manufacturer Market Share
3.4.2 Top 6 License Plate Recognition System Manufacturer Market Share
3.5 Global License Plate Recognition System Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and License Plate Recognition System Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global License Plate Recognition System Market Size by Region
4.1.1 Global License Plate Recognition System Sales in Volume by Region (2017-2032)
4.1.2 Global License Plate Recognition System Revenue by Region (2017-2032)
4.2 North America License Plate Recognition System Revenue (2017-2032)
4.3 Europe License Plate Recognition System Revenue (2017-2032)
4.4 Asia-Pacific License Plate Recognition System Revenue (2017-2032)
4.5 South America License Plate Recognition System Revenue (2017-2032)
4.6 Middle East and Africa License Plate Recognition System Revenue (2017-2032)
5 Market Segment by Type
5.1 Global License Plate Recognition System Sales in Volume by Type (2017-2032)
5.2 Global License Plate Recognition System Revenue by Type (2017-2032)
5.3 Global License Plate Recognition System Price by Type (2017-2032)
6 Market Segment by Application
6.1 Global License Plate Recognition System Sales in Volume by Application (2017-2032)
6.2 Global License Plate Recognition System Revenue by Application (2017-2032)
6.3 Global License Plate Recognition System Price by Application (2017-2032)
7 North America by Country, by Type, and by Application
7.1 North America License Plate Recognition System Sales by Type (2017-2032)
7.2 North America License Plate Recognition System Sales by Application (2017-2032)
7.3 North America License Plate Recognition System Market Size by Country
7.3.1 North America License Plate Recognition System Sales in Volume by Country (2017-2032)
7.3.2 North America License Plate Recognition System Revenue by Country (2017-2032)
7.3.3 United States Market Size and Forecast (2017-2032)
7.3.4 Canada Market Size and Forecast (2017-2032)
7.3.5 Mexico Market Size and Forecast (2017-2032)
8 Europe by Country, by Type, and by Application
8.1 Europe License Plate Recognition System Sales by Type (2017-2032)
8.2 Europe License Plate Recognition System Sales by Application (2017-2032)
8.3 Europe License Plate Recognition System Market Size by Country
8.3.1 Europe License Plate Recognition System Sales in Volume by Country (2017-2032)
8.3.2 Europe License Plate Recognition System Revenue by Country (2017-2032)
8.3.3 Germany Market Size and Forecast (2017-2032)
8.3.4 France Market Size and Forecast (2017-2032)
8.3.5 United Kingdom Market Size and Forecast (2017-2032)
8.3.6 Russia Market Size and Forecast (2017-2032)
8.3.7 Italy Market Size and Forecast (2017-2032)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific License Plate Recognition System Sales by Type (2017-2032)
9.2 Asia-Pacific License Plate Recognition System Sales by Application (2017-2032)
9.3 Asia-Pacific License Plate Recognition System Market Size by Region
9.3.1 Asia-Pacific License Plate Recognition System Sales in Volume by Region (2017-2032)
9.3.2 Asia-Pacific License Plate Recognition System Revenue by Region (2017-2032)
9.3.3 China Market Size and Forecast (2017-2032)
9.3.4 Japan Market Size and Forecast (2017-2032)
9.3.5 Korea Market Size and Forecast (2017-2032)
9.3.6 India Market Size and Forecast (2017-2032)
9.3.7 Southeast Asia Market Size and Forecast (2017-2032)
9.3.8 Australia Market Size and Forecast (2017-2032)
10 South America by Country, by Type, and by Application
10.1 South America License Plate Recognition System Sales by Type (2017-2032)
10.2 South America License Plate Recognition System Sales by Application (2017-2032)
10.3 South America License Plate Recognition System Market Size by Country
10.3.1 South America License Plate Recognition System Sales in Volume by Country (2017-2032)
10.3.2 South America License Plate Recognition System Revenue by Country (2017-2032)
10.3.3 Brazil Market Size and Forecast (2017-2032)
10.3.4 Argentina Market Size and Forecast (2017-2032)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa License Plate Recognition System Sales by Type (2017-2032)
11.2 Middle East & Africa License Plate Recognition System Sales by Application (2017-2032)
11.3 Middle East & Africa License Plate Recognition System Market Size by Country
11.3.1 Middle East & Africa License Plate Recognition System Sales in Volume by Country (2017-2032)
11.3.2 Middle East & Africa License Plate Recognition System Revenue by Country (2017-2032)
11.3.3 Turkey Market Size and Forecast (2017-2032)
11.3.4 Egypt Market Size and Forecast (2017-2032)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2032)
11.3.6 South Africa Market Size and Forecast (2017-2032)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 License Plate Recognition System Typical Distributors
12.3 License Plate Recognition System Typical Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Conduct frequent client communications
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  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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