The latest report on the Smart Parking Systems Market is 250 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2030 and offers valuable insights into the market landscape.
Global Smart Parking Systems Market to reach USD 17.2 billion by 2027. Global Smart Parking Systems Market is valued approximately at USD 4.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 21.5% over the forecast period 2021-2027.
Request To Download Sample of This Strategic Report: –https://www.quadintel.com/request-sample/smart-parking-systems-market/QI037
Smart parking systems assists drivers for safe parking. With the help of embedded software and sensors, available space in parking slot is indicted by sign or symbol. Also, the vacant space is notified to the driver correctly due to the proper management of vehicle. Growing investment in deployment of smart parking systems, facility to handle parking systems by smart phones, and growing number of vehicles around the world are fueling the growth in the market. For instance, in January 2021, Amano McGann partnered with Luminary Hotels & Co. to deliver a first-class parking solution, under which OPUSeries lane devices of Amano McGann were installed in the entry and exit lanes with integrated barcode scanners for validations. Also, according to Statista, operating vehicles across India increased from 272.59 million in 2018 to 295.77 million in 2019. Furthermore, growth in demand for Internet of Things (IoT) technology-based solutions are expected to boost the demand in future. However, high cost of purchase and installation of smart parking system makes it difficult to adopt in low and middle-income countries which may hamper the demand during forecast period.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Smart Parking Systems Market. North America is the dominating region across the world in terms of market share due to growing number of vehicles in the region resulting into increasing adoption of smart parking systems. Whereas Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due rising concern about insufficient parking spaces and government initiative supporting intelligent parking system.
Major market player included in this report are:
Alpek S.A.B. de C.V.
Bombay Dyeing
Diyou Fibre (M) Sdn Bhd
Far Eastern Group
Indorama Ventures Public Company Limited
Nirmal Fibres (P) Ltd.
Reliance Industries Limited
Shubhalakshmi Polyesters Ltd
Tongkun Group Co., Ltd.
W. Barnet GmbH & Co. KG
Download Sample of This Strategic Report: –https://www.quadintel.com/request-sample/smart-parking-systems-market/QI037
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Hardware:
Pucks (Wireless Sensors)
Cameras & LPRs
Smart Meters
Signage
Parking Gates
By Software:
Parking Guidance System
Analytics Solutions
By Service:
Consulting Service
Engineering Service
Mobile App Parking Service
By Type:
On-street
Off-street
By Application:
Commercial
Government
Transport Transit
Download Sample of This Strategic Report: –https://www.quadintel.com/request-sample/smart-parking-systems-market/QI037
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Smart Parking Systems Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Request a Sample PDF copy of the report @–https://www.quadintel.com/request-sample/smart-parking-systems-market/QI037
Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
Request Full Report–https://www.quadintel.com/request-sample/smart-parking-systems-market/QI037
About Quadintel:
We are the best market research reports provider in the industry. Quadintel believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today’s competitive environment. Quadintel is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Quadintel:
Email: sales@quadintel.com
Address: Office – 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website: https://www.quadintel.com/