Smart Parking Barrier Research: the global market size is projected to reach USD 102.16 million by 2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Smart Parking Barrier- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Smart Parking Barrier was estimated to be worth US$ 57.90 million in 2024 and is forecast to a readjusted size of US$ 102 million by 2031 with a CAGR of 8.5% during the forecast period 2025-2031.

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Smart Parking Barrier Market Summary

A smart parking barrier is innovative parking protection tool designed to ensure the protection and reservation of user parking spot from unauthorized access. With a simple command, the system can be raised or lowered, providing quick and secure access. Users can control it remotely by remote control or by utilizing cell phone software. The smart barrier will automatically close once user depart, ensuring that others cannot take user's spot. Additionally, it features an integrated alarm system that alerts in case of unauthorized lowering attempts, thus enhancing the security of the parking space.

According to the new market research report "Global Smart Parking Barrier Market Report 2024-2031", published by QYResearch, the global Smart Parking Barrier market size is projected to reach USD 102.16 million by 2031, at a CAGR of 8.4% during the forecast period.

Drivers of the Smart Parking Barrier market

Driver1: Rapid urbanization, with 55% of the global population already living in cities, has intensified parking scarcity and traffic congestion. Smart city projects multi-space parking meters, prioritize automated solutions to optimize space utilization. Smart parking barrier integrates seamlessly with IoT-enabled parking guidance systems, reducing search time by 30-40% and aligning with smart city goals to minimize carbon emissions.

Driver2: Technological advancements are driving the increased demand for smart parking barrier. The availability of remote controls and mobile apps for multiple control systems provides flexibility to the users and also supports features such as timed access and occupancy tracking. Solar panels eliminate dependence on the grid, provide a battery life of up to 6-24 months, and reduce operating costs by 22%.

Driver3: As car ownership continues to grow, so does the demand for parking spaces. Especially in urban areas, parking has become an increasing problem. As a result, the demand for parking locks is also increasing, driving the smart parking barrier market.

Driver4: The need for more secure parking spaces is increasing. Smart parking barrier can provide additional security by remotely locking and unlocking parking spaces, preventing unauthorized access and use. This demand for security is a key driver of the smart parking barrier market.

Figure00001. Global Smart Parking Barrier Market Size (US$ Million), 2019-2030

Smart Parking Barrier

Source: QYResearch's latest report "Global Smart Parking Barrier Overall Scale, Major Enterprises, Major Regions, Products and Application Segmentation Research Report"

Figure00002. Global Smart Parking Barrier Top 17 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Smart Parking Barrier

Source: QYResearch Independent Smart Parking BarrierResearch Center. The industry is constantly changing. Please contact QYResearch for the latest data.

According to QYResearch Top Players Research Center, the global key manufacturers of Smart Parking Barrier include Came, Parklio, Jieshun, Omni, ZKTeco, Diffusion-Urbaine Ottopark, Thats My Spot, Shenzhen WEJOIN Mechanical & Electrical, LetsParky, Mottez, etc. In 2024, the global top 10 players had a share approximately 35.0% in terms of revenue.

Figure00003. Smart Parking Barrier, Global Market Size, Split by Product Segment

Smart Parking Barrier

Based on or includes research from QYResearch: Global Independent Smart Parking BarrierMarket Report 2024-2030.

In terms of product type, currently Remote Control is the largest segment, hold a share of 28.7%.

In terms of product application, currently Residential Parking Lots is the largest segment, hold a share of 52.9%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Smart Parking Barrier market is segmented as below:
By Company
Came
Parklio
Jieshun
Omni
ZKTeco
Diffusion-Urbaine Ottopark
Thats My Spot
Shenzhen WEJOIN Mechanical & Electrical
LetsParky
Mottez
Optima
Angel Mir
Pilomat
Green Mobility Solutions
Chengdu Ruisijie Intelligent Technology
Berner
Wiicontrol

Segment by Type
Remote Control
Mobile Phone Control
Multi-Control Systems

Segment by Application
Residential Parking Lots
Commercial Parking Lots
Others

Each chapter of the report provides detailed information for readers to further understand the Smart Parking Barrier market:

Chapter 1: Introduces the report scope of the Smart Parking Barrier report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Smart Parking Barrier manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Smart Parking Barrier market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Smart Parking Barrier in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Smart Parking Barrier in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Smart Parking Barrier competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Smart Parking Barrier comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Smart Parking Barrier market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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