The Latin America, Middle East and Africa 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 image to text, are used to identify the license plate and the associated text of that plate. . The demand for electronic toll collection application would witness significant growth during the forecast period. Growing number of vehicles and stringent government regulations to implement electronic toll collection systems is driving the growth of the ANPR system market.
Based on Types, the market report segments the market into Fixed and Mobile & Portable. Based on Components, the Latin America, Middle East and Africa 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the Latin America, Middle East and Africa. 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.
Market Segmentation
By Types
By Components
By Applications
By Countries
Companies Profiled
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