ENTRANCE AND EXIT AI LPR CAMERA MARKET

 

INTRODUCTION

 Technology, software, and AI. In order to extract the numbers and letters that make up licence plates, License Plate Recognition (LPR) requires AI. It accomplishes this by looking up automobiles and licence plates in movies or images, then turning that information into usable digital data.

 

LPR cameras are cutting-edge traffic sensors that take pictures of licence plates and digitise them. License Plate Recognition is the term for this (LPR). Regular video cameras can’t perform LPR in real-time 20 ms or less or with extremely high precision ,more or higher, this is required for LPR to be useful.

 

Equipped with specialised hardware and firmware, LPR cameras instantly identify, capture, and analyse the image of the licence plate, carrying out additional operations beyond the standard OCR Optical Character Recognition, specific to Licence Plates (and to every region plate design!).

 

This enables the digitization process in challenging/extreme circumstances like moving targets, extremely open angles, poor ambient light, fog, dirt, etc.

 

ENTRANCE AND EXIT AI LPR CAMERA MARKET SIZE AND FORECAST

 

 

The Global entrance and exit AI LPR camera market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

ENTRANCE AND EXIT AI LPR CAMERA MARKET NEW PRODUCT LAUNCH

Milesight Entrance & Exit AI LPR Cameras allow a standalone licence plate recognition solution for quick implementation scenarios like gates or barrier management with great efficiency and accuracy thanks to built-in AI LPR algorithms and inbuilt black and white lists.

 

Additionally, a fully closed-loop traffic solution may be created by combining it with Milesight’s own back-ends, such as Milesight NVR, CMS, and Milesight VMS Enterprise. The seamless operation of access control procedures at both entrances and exits is guaranteed by this highly integrated system.

 

With the aid of Milesight Entrance & Exit AI LPR Cameras, standalone solutions for both no-plate vehicle detection and licence plate identification are now possible. Access control at any gate, including one at a university or an apartment complex, is made efficient and accurate by an alarm being sent off as soon as the relevant rule-compliant licence plate is discovered.

 

ENTRANCE AND EXIT AI LPR CAMERA MARKET COMPANY PROFILE

• Milesight
• Survision
• WSH peer
• Hikvision
• Eagle eye

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OF ENTRANCE AND EXIT AI LPR CAMERA MARKET

1. How many entrance and exit AI LPR cameras are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global entrance and exit AI LPR camera and key vendor selection criteria
3. Where is the entrance and exit AI LPR camera manufactured? What is the average margin per unit?
4. Market share of Global entrance and exit AI LPR camera market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global entrance and exit AI LPR camera in-house
6. key predictions for next 5 years in Global entrance and exit AI LPR camera market
7. Average B-2-B entrance and exit AI LPR camera market price in all segments
8. Latest trends in entrance and exit AI LPR camera market, by every market segment
9. The market size (both volume and value) of the entrance and exit AI LPR camera market in 2024-2030 and every year in between?
10. Production breakup of entrance and exit AI LPR camera market, by suppliers and their OEM relationship