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The global smart parking systems market was worth USD 4.5 billion in 2020 and is further projected to reach USD 17.2 billion by 2027, at a CAGR of 21.2% during the forecast period (2021-2027).
[193 Pages Report] Smart Transportation Market research report analyses global adoption trends, evolving platforms and driving forces across four geographies.
The smart parking solutions market remains highly consolidated, with established and mid-sized companies accounting for 40-50% and 30-35% of the revenue share respectively.
The Global Smart Parking Market size is expected to reach $7.8 billion by 2024, rising at a market growth of 10.5% CAGR during the forecast period. Full report: https://kbvresearch.com/smart-parking-market/
More Information @ http://bit.ly/2o7LFmz The smart parking systems market share will grow substantially owing to benefits, such as real-time information about the availability of spaces in desired locations, thus saving time, energy, and fuel. It eliminates the drivers’ need to search for a parking spot by going around the desired areas.
According to the market research Smart Parking Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical - Global Forecast to 2021. The
Global Smart Parking Market Information by Parking site (On-street, Off-street), by Solutions (Security & Surveillance, Valet & Parking Reservation and other)By Application (Transport Transit, Government, Commercial) - Forecast to 2022
The global smart parking market size was valued at 5.23 USD billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2022 to 2030 and reach around 16.54 USD billion.
The smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 billion by 2021 from USD 2.13 billion in 2015. The market for park assist system is driven by factors such as increased consumer preference towards comfort and luxury, and increased competition between OEMs to offer such driver assistance features.
Smart Parking Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical - Global Forecast to 2021
The smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 billion by 2021 from USD 2.13 billion in 2015.
The smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 billion by 2021 from USD 2.13 billion in 2015. The market for park assist system is driven by factors such as increased consumer preference towards comfort and luxury, and increased competition between OEMs to offer such driver assistance features.
The smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 billion by 2021 from USD 2.13 billion in 2015.
The global airport moving walkway systems market is expected to reach $3956.77 million by 2032, growing at a CAGR of 4.84% during the forecast period 2024-2032
smart parking platform market By Component, By Parking Type (On Street, Off Street), By Solution (Security & Surveillance, Valet Parking Management, Parking Reservation Management, License Plate Recognition) By Application - Forecast 2023
In this report, the global Robotic Parking Systems market is valued at USD million in 2016 and is expected to reach USD million by the end of 2022, growing at a CAGR of % between 2016 and 2022.
Hybrid Smart Parking Platform market By Component, By Parking Type (On Street, Off Street), By Solution (Security & Surveillance, Valet Parking Management, Parking Reservation Management, License Plate Recognition) By Application - Forecast 2023
The global smart parking market size is expected to grow from USD 24,329.6 million in 2020 to USD 95,059.9 million by 2027, at a CAGR of 25.5% from 2021 to 2027.
The Global Smart Parking Market size is expected to reach $7.8 billion by 2024, rising at a market growth of 10.5% CAGR during the forecast period. Growing parking concerns globally, growing adoption of Internet of Things (IoT), and rapidly growing number of f vehicles are the factors that drive the demand for smart parking market. However, high employment cost & configuration complexity would limit the market growth. Moreover, growing investments into building driverless vehicles, and growth of smart cities across different regions would create tremendous opportunities for the growth of the market. Full Report: https://www.kbvresearch.com/smart-parking-market/
The global smart parking systems market is expected to witness a CAGR of 15.8% during the forecast period, to reach $4,800 million by 2023. The parking sensors have emerged as the largest segment in the global smart parking systems market. In 2016, Asia-Pacific was among the fastest growing markets, due to growing awareness of end-users about smart parking systems in the region.
According to a report by P&S Intelligence, the global smart parking systems market is projected to reach a value of $9.1 billion by 2024, rising from $3.4 billion in 2018, advancing at a 16.1% CAGR during the forecast period (2019–2024).
This report focuses on the global Smart Parking Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Parking development in United States, Europe and China. For more details click here:- https://www.grandresearchstore.com/ict-and-media/global-smart-parking-2018-2025-940
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Smart Parking Market in Western Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The passenger car smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 Billion by 2021 from USD 2.13 Billion in 2015.
Smart Parking Market categorizes the Global Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical.
The report "Smart Parking Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical - Global Forecast to 2021", The passenger car smart parking market is projected to grow at a CAGR of 17.94% during the forecast period, to reach a market size of USD 5.25 Billion by 2021 from USD 2.13 Billion in 2015.
Covid-19 Analysis on Hybrid Smart Parking Platform market By Component, By Parking Type (On Street, Off Street), By Solution (Security & Surveillance, Valet Parking Management, Parking Reservation Management, License Plate Recognition) By Application - Forecast 2023
Smart parking is a vehicle parking system that helps drivers find a parking space at minimal cost. It consists of sensors, apps, smart parking meters, and mobile phone automated payment systems that allow drivers to reserve parking in advance and pay by credit card or cash.
Smart Parking Market categorizes the Global Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical .
The Smart Parking System Market Report offers a complete picture of industry trends and factors along with quantitative data based on historical data and from various sources. Apart from this, the report also provides the market outlook, growth, share, size, opportunity and forecast during 2019-2025. Further, the report focuses on competitive landscape including company profiles of leading key players along with industry demand, future capacities, key mergers & acquisitions, financial overview in the global market of smart parking system.
The global Smart Parking System Market is highly fragmented due to the presence of a various large number of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2019-2025 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.
According to Renub Research report titled “Global Smart Parking Market By Type [Off-street & On-street], Application (Security & Surveillance, Smart Payment System, E-Parking & license Plate Recognition), End-User (Transport Facilities, Governments and Municipalities, Commercial Institutions & Corporate Institution), Regions (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Companies (ASSA ABLOY AB, Allegion Plc, Aisin Seiki Co. Ltd, Siemens AG & Bosch)” studies the Global Smart Parking Industry.
Global Smart Parking Market is growing at a CAGR of 18.35% during the forecast period of 2022-2029. 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. Get Full Access of Report @ https://www.databridgemarketresearch.com/reports/global-smart-parking-market
Smart Parking Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical - Global Forecast to 2021
Smart Parking Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical - Global Forecast to 2021
The global smart building market was valued at US$ 58.96 billion in 2020 and is estimated to reach predictable to reach US$ 267.83 billion by 2028; growing at a compound annual growth rate (CAGR) of 21.7 % during the forecast period from 2021- 2028. Smart building involves installation and usage of advanced and integrated system which includes telecommunication, life safety for fire crisis, building automation, lighting, HVAC, water supply and other related systems. These buildings are designed based on different approaches.
The report analyzes market drivers, restraints, and opportunities, along with a study on key players, and the competitive outlook. The report also provides key insights on the industry trends, adoption trends, and best practices in the parking management market. The report brings out the parking management business potential across the different regions such as North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA).
Smart Parking Market categorizes the Global Market by System (Guided & Smart Park), Technology (Ultrasonic, Radar, Image), Component, Parking Management by Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition), and Vertical
The Tuberculosis Testing market is expected to exceed more than US$ 2600 million by 2020; growing at a CAGR of more than 4.2% in the given forecast period.
Global smart parking was reached USD 2.0 Billion in 2016. The ever increasing traffic and the need to develop efficient parking solutions is expected to drive the market to grow at a CAGR of 18% over the forecast period i.e. 2016-2024 and reach a valuation of approximately USD 7.5 Billion by 2024.
Global Smart Parking Market Information by Parking site (On-street, Off-street), by Solutions (Security & Surveillance, Valet & Parking Reservation and other) By Application (Transport Transit, Government, Commercial) - Forecast to 2022
Market Research Future published a research report on “Outdoor LED Smart Lighting Solution Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022. Get complete Report @ https://www.marketresearchfuture.com/reports/outdoor-led-smart-lighting-solution-market-2702
Global Smart Transportation Market is estimated to reach $278 billion by 2024 with CAGR of 19.4% between 2016 and 2024. Smart transportation is a new approach to design and planning of roadways which would provide the best and safe transport solutions.
This Report provided by 24 Market Reports, the Crowd sourced Smart Parking in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Brand Essence Market Research has recently developed a report on the’ Smart Parking Market ’ which presents substantial inputs about the market size, market share, regional trends, and profit projection of this business sphere. The report also enlightens users regarding the foremost challenges and existing growth tactics implemented by the leading organizations that constitute the dynamic competitive gamut of this industry.
The traditional stores dominated the distribution channel in terms of revenues in the overall global VR market with a share of ~% in 2017. For more information on the research report, refer to below link: https://www.kenresearch.com/media-and-entertainment/gaming-and-gambling/global-vr-gaming-market/144735-94.html
The smart parking systems market is expected to witness a CAGR of 10.57% during the forecast period. The smart parking system optimizes parking space through an automatic access control system, parking guidance system (PGS), parking reservation barrier, and ticketing system.
Solar Energy Systems Market, by Product (Solar Panels, Batteries, Inverters, Charge Controllers), Technology (Photovoltaic (PV) systems and solar thermal systems), Source (New Installation, Maintenance, Repair and Operation (MRO) Services), End-use (Residential, Commercial and Industrial) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
Smart building integrates major building systems on a common network and shares information and functionality between systems to improve energy efficiency, operational effectiveness, and inhabitant satisfaction.
A major issue with buying a vehicle is parking-related concerns. As per the industry experts, about 30.0% of traffic congestion is the result of people searching for parking spaces. This has further led to a surging amount of traffic congestion on roads, along with growing number of vehicles, particularly in major cities. In addition to this, various people do not follow parking rules and park their vehicles in an incorrect manner, thereby leading them to pay parking fines. It is because of these reasons that various countries are making use of smart parking systems.