Automatic Number Plate Recognition Systems Industry Recent Development
Automatic Number Plate Recognition (ANPR) is a type of surveillance system capable of reading the number plates on vehicles using optical character recognition. The ANPR systems comprise frame grabbers, ANPR software, cameras, and triggers among other components. These systems are broadly categorized into fixed, mobile, and portable ANPR systems.
High Demand for Advanced ANPR Systems from Electronic Toll Collection:
Automatic number plate recognition systems find applications in traffic management, electronic toll collection, law enforcement, parking management, and access control. Electronic toll collection (ETC) application is likely to grow at a healthy pace in the forthcoming years. This growth can be associated with increasing use for recognizing number plates of vehicles, especially on highways. Rapid infrastructure development in developing countries will boost the demand in near future.
Parking and traffic management segments are also likely to showcase steady growth in terms of demand in the forthcoming years. Applications in traffic signal control, detection of red light violation, and rise in vehicle thefts may boost the adoption across both these application segments. Increasing numbers of vehicles across the globe is anticipated to boost the demand for automatic number place recognition systems in the years to come.
In a recent development, Vista has developed a number plate recognition system called VS50, which comprises HD camera and embedded PC. The system is available with or without an overview camera bollard or wall mount format. The system can be used in access control and parking management systems. The product itself is a single lane barrier control system and it can be combined with VNPR servers for multiple lane operation.
Market Overview
As per the findings of a report added to the repository of Radiant Insights, Inc.; the global automatic number plate recognition market is anticipated to witness steady growth by 2023.
Factors such as infrastructure development in developing countries and growing government funding to implement intelligent transport system (ITS) are anticipated to impel the growth over the forecast period (2018 to 2023). Deployment of advanced camera technologies and their rising adoption in security and surveillance systems and traffic management can further propel the market over the forecast period.
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Some of the leading companies operating in the market include Kapsch TrafficCom AG; Siemens AG; Neology, Inc.; TagMaster North America, Inc.; and ARH Inc.
