Press release
Smart Parking Market Industry Size, Worldwide Business Overview by Top Manufacturers and Sales Revenue Forecast to 2029
Smart Parking Market
Smart parking is a smart parking system that helps drivers with safe parking. The space available in the parking lot is marked or marked with the help of embedded software and sensors. Vacant space is informed by the driver accordingly due to good handling of the vehicle. This technology uses a variety of sensors as part of computer systems in the parking lot to detect the presence or absence of vehicles. The smart parking system provides real-time data details regarding the availability of the nearest parking lot and allows the driver to serve that slot without interference from other vehicles.
Market Overview:
A parking technique called smart parking helps drivers park securely. The driver may fit into a neighbouring parking place without obstructing other vehicles thanks to the smart parking system, which offers real-time data on the availability of those spaces. Also, the long-term problem of parking, which has a detrimental effect on the environment, is addressed by this technology.
The system includes low-cost sensors, real-time data interference, and clever mobile applications that let people keep track of parking places that are available and ones that are not. The development of infrastructure to enable such mobility and the usage of smart phones to manage car parking effectively lead to a decrease in the amount of time users spend looking for a parking space.
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In locations like the hospital, hotel & shopping centre, airport, university, and exhibition & convention centre, it can be particularly challenging to find a parking space during peak hours. The increase in population brings about problems with both residential and business parking.
The issue associated with this is resolved by implementing enhanced capabilities, such as SMS-based availability alerts for open spaces and real-time updates for space reservations made using smart parking technology. By automating the process of looking for the best parking floor and location, this technology reduces the amount of time it takes the user to discover a vacant parking spot. As a result, there is a large market need for smart parking.
Global Smart Parking Market: Segmentations
Global Smart Parking Market: Major Players
Nedap Identification Systems
Xerox Corporation
Cubic Corporation
Continental Ag
Tkh Group-Park Assist
Robert Bosch Gmbh
Aisin Seiki
Delphi Automotive Plc
Valeo Sa
Amano Corporation
Siemens Ag
Kapsch Trafficcom Ag
Global Smart Parking Market: By Types
On-Street
Off-Street
Global Smart Parking Market: By Applications
SmartApp
In-Ground Vehicle Detection Sensor
RFID
Ultrasonic
Others
Global Smart Parking Market: Regional Analysis
The countries covered in the regional analysis of the Global Smart Parking market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Smart Parking manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Smart Parking market covering all its essential aspects.
Frequently Asked Questions?
Q1. What is the total market value of Smart parking market report?
Q2. How can I get sample report/company profiles of smart parking?
Q3. What are the new competitive developments in smart parking?
Q4. Who are the potential customers of smart parking?
Q5. How can I get company profiles on top ten players of smart parking?
Q6. Which region is and will provide more business opportunities for smart parking in future?
Q7. Which is the most influencing segment growing in the smart parking report?
Q8. Which are the key matured markets growing in the smart parking report?
Q9. Which are the top companies hold the market share in smart parking?
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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