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As the world continues to deal with COVID-19, economies are moving into recession, official counts of cases and deaths from COVID-19 have passed 4,000,000 and 280,000 at the time of this report. Many government announced a plan on reopening the national economy, but many countries are still at the stage of rising.
On a more positive note, we are already seeing signs of recovery as the COVID-19 risk is declining in China. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Vehicle License Plate Recognition System market in this environment.
In terms of revenue, this research report indicated that the global Vehicle License Plate Recognition System market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Vehicle License Plate Recognition System industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Kapsch TrafficCom AG (AT) aims at producing XX Vehicle License Plate Recognition System in 2020, with XX % production to take place in global market, Q-Free ASA (NO) accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Vehicle License Plate Recognition System Market by XYZResearch Include
- South America
Competitive Analysis; Who are the Major Players in Vehicle License Plate Recognition System Market?
- Kapsch TrafficCom AG (AT)
- Q-Free ASA (NO)
- Siemens AG (DE)
- Bosch Security Systems, Inc. (DE)
- Vigilant Solutions, Inc. (US)
- 3M Company (US)
- Elsag North America LLC (US)
- ARH Inc. (HU)
- Genetec Inc. (CA)
- Tattile S.R.L. (IT)
- CA Traffic Ltd (UK)
- Digital Recognition System Ltd. (UK)
- NDI Recognition Systems Ltd. (UK)
- Beijing Wintone (CN)
- Eparking (FI)
Major Type of Vehicle License Plate Recognition System Covered in XYZResearch report:
- Fixed VLPR
- Mobile VLPR
- Portable VLPR
Application Segments Covered in XYZResearch Market
- Traffic Management
- Law Enforcement
- Electronic Toll Collection
- Parking Management
- Access Control
For any other requirements, please feel free to contact us and we will provide you customized report.