Automated Plate Readers Market Dynamics and Trends to 2023

The global automated plate readers market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the rising infrastructural spending and development of optical character recognition technology. Additionally, use of fluorescence detection for identifying micro plate is expected to favor the growth of market during the forecast period. Globally, market is predicted to generate massive revenue over the next five years, providing numerous opportunities for industry participants to invest in research and development of automated plate readers.

Automated license plate readers (ALPRs) consists of high-speed and computer-monitored camera systems, which uses optical character recognition to read vehicle registration plates. Automated license plate readers (ALPRs) are mounted on street poles, lampposts, highway overpasses, or attached to police vehicles. Automated license plate readers (ALPRs) capture license plate numbers that comes within view. The captured image also displays the location, date, and time. The data containing vehicle registration plate number along with photographs of driver and passengers is uploaded on a central server.

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The captured data is used by police or security forces to determine whether a vehicle was belonging to the crime scene and to identify travel patterns. Snowballing research & development activities has led to improved operational and flexibility in automated plate readers solution. These factors are anticipated to foster the growth of automated plate readers market over the next five years. Increasing use of automated plate readers in health centers, immigration clinics, gun shops, union halls, protests, and centers of religious worship, is further propelling industry expansion. However, implementation of various regulatory reforms due to given the sensitive nature of data, is estimated to restrain market growth to a certain extent.

The automated plate readers market is broadly categorized into six major segments based on the application type such as law enforcement, average speed cameras, crime deterrent, enterprises security & services, traffic control, and electronic toll collection. Law enforcement segment is growing rapidly in market with substantial revenue generation in the past few years.

The automated plate readers market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in security sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.

Asia-Pacific region is estimated to hold a major share in automated plate readers market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising infrastructural spending, increasing disposable income, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in automated plate readers market are Thermo Fisher Scientific, Inc., Sigma-Aldrich Corp., Danaher Corp., Hudson Robotics, Inc., Beckton Dickinson & Co., Synchron Lab Automation, Agilent Technologies Ltd., Siemens Healthcare AG, Tecan Group Ltd., and PerkinElmer, Inc.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Automated Plate Readers in these regions, from 2012 to 2023 (forecast), covering

• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Automated Plate Readers market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• Thermo Scientific
• Danaher
• Hudson Robotics
• Beckton Dickinson
• Synchron Lab
• Agilent Technologies
• Siemens Healthcare
• Tecan Group
• PerkinElmer
• Honeywell
• BioRad
• Roche Holding Ag
• Eppendorf Ag
• Shimadzu
• Aurora Biomed

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Absorbance
• Fluorescence
• Luminescence
• Time-Resolved Fluorescence
• Fluorescence Polarization
• Light Scattering

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Automated Plate Readers for each application, including

• Drug Discovery
• Genomics
• Proteomics
• Bio Analysis
• Analytical Chemistry
• Clinical Diagnostics

Continued ………

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