According to a new report, the Asia Pacific Automatic Number Plate Recognition System Market size is anticipated to experience a market growth of 11.1% CAGR during the forecast period (2017 - 2023).
The China market holds the largest market share in Asia Pacific ANPR Software Automatic Number Plate Recognition (ANPR) System Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.9 % during the forecast period.
The Japan market is expected to witness a CAGR of 12.3% during (2017 - 2023) in Asia Pacific Frame Grabber Automatic Number Plate Recognition (ANPR) System Market. Additionally, The India market is expected to witness a CAGR of 14.5% during (2017 - 2023) in Asia Pacific Triggers Automatic Number Plate Recognition (ANPR) System Market.
The Traffic Management market holds the largest market share in Asia Pacific Automatic Number Plate Recognition (ANPR) System Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 10 % during the forecast period. The Parking Management market is expected to witness a CAGR of 13.7% during (2017 - 2023).
The Fixed market holds the largest market share in Malaysia Automatic Number Plate Recognition (ANPR) System Market by Type in 2016, and would continue to be a dominant market till 2023; and is expected to witness a CAGR of 12.4% during (2017 - 2023). The Mobile & Portable market would attain market value of $18.4 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Asia Pacific Automatic Number Plate Recognition (ANPR) System Market have been discussed in the report with the elaborated company profiles of 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.
Full Report: https://www.kbvresearch.com/asia-pacific-automatic-number-plate-recognition-system-market/
Asia Pacific Automatic Number Plate Recognition (ANPR) System Market Segmentation
By Types
By Components
By Applications
By Countries
Companies Profiled
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Related Reports:
Global Automatic Number Plate Recognition System Market (2017-2023)
North America Automatic Number Plate Recognition System Market (2017-2023)
Europe Automatic Number Plate Recognition System Market (2017-2023)
LAMEA Automatic Number Plate Recognition System Market (2017-2023)
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