Detection Sensors

ANPR/LPR and Detection Sensors Markets Expected to See Solid Growth Through 2018

Posted by Stan Lewis December 16, 2014 11:33 am Categories: Corporate News, Market Research. Tags: anpr, Detection Sensors, IHS Technology, license plate recognition, lpr, market share, trends.

ANPR and Detection Sensor Technologies – 2014 Edition
The problems of vehicle traffic and crime have been the cause of much frustration for governments and their citizens the world over. In recent years, Automation Number Plate Recognition (ANPR) [Also known as License Plate Recognition or LPR] and Detection Sensor technologies have emerged as viable and effective tools for mitigating such concerns, and presented exciting opportunities for suppliers of these product to grow their topline businesses.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.