Automatic Number Plate Registration System Market to witness significant growth to 2025

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Automatic Number Plate Registration System Market
to witness significant growth to 2025 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Automatic Number Plate
Registration System Market

• The Europe ANPR system market is predicted to
  witness high growth over the coming years due to
  the strong presence of manufacturers such as NDI
  Recognition System, Q-Free ASA, and ARH Inc.
  Strict governmental regulations for traffic
  management have led to increased adoption of ANPR
  devices in their traffic control systems.
• Countries including France, Italy, the UK, and
  Germany have designed these systems and adopted
  to implement strict traffic rules laws. These
  government policies are encouraging market
  players to offer innovative solutions in the
  region.

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Application Analysis of Automatic Number Plate
Registration System Market

• Inconsistency in number plate design is the major
  factor restraining the ANPR system market demand.
  The design and number plate size fonts differ
  across the globe, making it difficult for
  manufacturers in the market to construct a fixed
  algorithm, which will read all kinds of fonts
  with high efficiency accuracy. Moreover, the
  change in government regulations regarding the
  design development of vehicle number plates is
  also a major factor that restricts the automatic
  number plate registration system market growth.
• The increasing demand for the hardware systems,
  such as video capture cards, processors, cameras,
  and LED signs relay cards, will drive the ANPR
  system market growth. The manufacturers in the
  market are offering hardware systems in different
  configurations such as rackmounts, rugged
  mobiles, desktops, and tablets. It helps
  businesses to implement the recognition system
  based on their business requirements and space
  availability. These hardware systems are being
  developed for different applications such as
  ParkIT ANPR camera for the access control system,
  image capturing with smart cam, speed cam, and
  video signal digitizing.

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Competitive Market Share of Automatic Number
Plate Registration System Market
Major players in the automatic number plate
registration (ANPR) system market are Bosch
Security System Inc, Q-Free ASA, Genetec Inc, ARH
Inc., PIPS Technology Ltd., NDI Recognition
Systems LLC, and Digital Recognition Systems Ltd.
These players are competing based on the growing
demand and requirements of these systems globally
in the ANPR system market. They are developing
solutions based on the business requirement that
allows them to integrate these security solutions
by considering proper space availability and
security location.
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Browse Full Market Research Report On Automatic
Number Plate Registration System Market _at_
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in-depth table of contents for this report _at_
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Segments
Automatic Number Plate Registration (ANPR) System
Market, By Type Fixed Mobile Automatic
Number Plate Registration System Market, By
Component Hardware Software ANPR System
Market, By Application Traffic management Law
enforcement Toll collection Parking
management Access control
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