Press release
Global Smart Parking Systems Market (By Parking Site Type - On-street Parking, Off-street Parking; By Solution - License/registration plate recognition, Parking reservation management, Security and surveillance and Valet parking management)
According to OMR analysis, the global smart parking market is estimated to grow at a significant CAGR during the forecast period(2018-2023). North America has the largest market share in terms of revenue from such system installation, as traffic management is one of the key concerns for government in the country. APAC region is growing significantly, which indicates a good potential of these markets to becoming a dominating region. Countries like China and India are the most promising economies in terms of growth, and there is always a need for smart parking solution due to the huge population and urbanization.A full report of the global smart parking market is available at https://www.omrglobal.com/industry-reports/smart-parking-market/
Furthermore, the global smart parking market is segmented on the basis of the solution , parking site, application, the technology used, and components.The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.
Market Segmentation
1. Global Smart Parking Market by Solution
• License/Registration Plate Recognition
• Parking Reservation Management
• Security and Surveillance
• Valet Parking Management
2. Global Smart Parking Market by Parking Site
• On Street Parking
• Off Street Parking
3. Global Smart Parking Market by Application
• Commercial
• Government
• Others (airports, personal)
4. Global Smart Parking Market by Technology used
• Image Sensor
• Radar Sensor
• Ultrasonic Sensor
5. Global Smart Parking Market by Technology Used
• License/Registration Plate Recognition
• Display Units
• Parking Sensors
• Steering Angle Sensors
• Electronic Control Units
• Others
Region Covered
• North America (the US and Canada)
• Europe (United Kingdom, Germany, France, Spain, and Italy)
• Asia-Pacific (China, India, South Korea, and Japan)
• Rest of the World (the Middle East & Africa and Latin America)
Company Profiled
• Abbott Laboratories, Inc.
• Valeo and Cisco
• Altix Innovations
• Steerline
• Nedap AVI
• Amco Corp.
• Delphi Automotive PLC
• Siemens AG
• Smart Parking, Ltd.
• 3M Co.
• Bayerische Motoren Werke AG
• TCS International, Inc.
• Robert Bosch GmbH
• Cubic Corp.
• T2 Systems
• Spot Innovation
• Integrapark
• Civic Smart
• Complus Data Innovations
• Parkhelp
• Passport Labs, Inc.
• Parkme, Inc.
• Xerox Corp.
• Cl Technologies Ltd.
• Parkopedia, Inc.
• Data Ticket, Inc.
For related reports please visit https://www.omrglobal.com/reports-category/transportation-and-logistics/
For more update follow LinkedIn https://www.linkedin.com/company/omr-global-research/
About Orion Market Research
Orion Market Research (OMR) a research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company aims to provide business insights for decision making to the global clients and offers quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.
Contact us
Orion Market Research Pvt. Ltd.
Anurag Tiwari
Email: info@omrglobal.com
India: +91 7803040404
Global:+1 6467557667
Indore-India-452010
Web: www.omrglobal.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Smart Parking Systems Market (By Parking Site Type - On-street Parking, Off-street Parking; By Solution - License/registration plate recognition, Parking reservation management, Security and surveillance and Valet parking management) here
News-ID: 1647667 • Views: …
More Releases from Orion Market Research

Industrial Wastewater Treatment Chemicals Market Development, Industry Trends, D …
The global industrial wastewater treatment chemicals market was valued at approximately USD 19.06 billion in 2024 and is projected to reach around USD 23.6 billion by 2033, growing at a CAGR of 5.4% from 2025 to 2033.
Industrial Wastewater Treatment Chemicals Market Overview
The global industrial wastewater treatment chemicals market is witnessing significant growth driven by increasing industrialization, stringent environmental regulations, and the growing need for sustainable water management. The…

Electronic Adhesives Market Development, Industry Trends, Demand and Growth Anal …
The global Electronic Adhesives Market was valued at approximately USD 5.11 billion in 2024 and is projected to reach USD 8.52 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5.6% between 2025 and 2033.
Electronic Adhesives Market Overview
The Electronic Adhesives Market is witnessing steady growth, driven by increased adoption of miniaturized electronics, EV components, and consumer gadgets requiring robust bonding, encapsulation, and thermal management. Key…

Automotive Interior Materials Market Size Future Scope, Demands and Projected In …
The global Automotive Interior Materials Market was valued at approximately USD 62.98 billion in 2024 and is projected to reach USD 91.20 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 4.2% during the period from 2025 to 2033.
Automotive Interior Materials Market Overview
The Automotive Interior Materials Market is poised for steady expansion, propelled by rising consumer demand for luxury, comfort, and lightweight vehicle interiors. With stringent…

Aircraft Wire and Cable Market Size Analysis, Competitive Insights, Leading Play …
The global Aircraft Wire and Cable Market was valued at approximately USD 1.91 billion in 2024 and is projected to reach USD 3.49 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 6.8% from 2025 to 2033.
Aircraft Wire and Cable Market Overview
The Aircraft Wire and Cable Market is steadily expanding, propelled by rising global air travel, increased aircraft production, and the development of advanced avionics…
More Releases for Parking
Connected Parking Solutions Market Forecast 2023-2030 | ShinMaywa, IHI Parking S …
The Connected Parking Solutions market is expected to grow at a CAGR of 15.6% from 2023 to 2030.
The Connected Parking Solutions market is experiencing rapid growth, driven by the need for efficient and intelligent parking management in urban areas. This market encompasses a variety of technologies and services that aim to improve parking accessibility, reduce congestion, and enhance the overall parking experience for both consumers and operators. Connected parking solutions…
Automated Parking Systems Market Is Booming Worldwide: Key Players ShinMaywa, IH …
Market Study Report presents latest report on global Automated Parking Systems Market, which evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2022-2028.
Global Automated Parking Systems Market Size was estimated at USD 2415 million in 2021 and is projected to reach USD 3221 million by 2028, exhibiting…
Automated Parking Systems Market Statistics and Comprehensive Insights Outlook 2 …
Latest Study on Industrial Growth of Automated Parking Systems Market 2022-2028. A detailed study accumulated to offer Latest insights about acute structures of the Automated Parking Systems market. The report contains different market predictions related to revenue size, production, CAGR, gross margin, price, and other important factors. While highlighting the key driving and restraining forces for this market, the report also offers a broad study of the future trends and…
Automated Parking Systems Market 2022 Insights with Statistics and Growth Predic …
The Automated Parking Systems market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides pre COVID-19 historic data, the impact of the COVID-19, and also forecasts its recovery…
Automated Parking Systems Market (2021): Huge Study, SWOT Analysis, Forecast to …
The report titled “Global Automated Parking Systems MARKET “is one of the most comprehensive and important additions to market research studies. It offers detailed research and analysis of key aspects of the Automated Parking Systems market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Automated Parking Systems market. Market Participants can use…
What are the Growth Drivers of Automated Parking System Market? Kyline Parking A …
Market Study Report LLC recently added a new title on 2020-2026 Global Automated Parking System Market Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2026.
The Automated Parking system market is on the surging trend considering the global scenario. The Automated Parking system market is primarily driven owing to surging number of…