Smart parking is a vehicle parking system, which facilitates driver to search for vacant space to park the vehicle. Sensors and software assist the driver for finding the place available for parking through symbols or sign. This system helps in the proper management of the vehicle, considering the availability of space, which will further assist in optimized usage of land.
Increasing problems related to land utilization and proper parking management are the key issue of overcrowded cities, which is anticipated to increase the demand for smart parking gadgets in recent years. Also, increasing the number of vehicles are expected to create huge expansion opportunity for the respective industry.
The highest Smart Parking market value and is expected to register an estimated CAGR of +12% during the forecast period.
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Various factors are responsible for the market’s growth, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Smart Parking market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Smart Parking market’s trajectory between forecast periods.
The key players profiled in the report include Amano Mcgann, Inc., Urbiotica, Smart Parking Ltd., IEM SA, IPS Group Inc., Klaus Multiparking Systems, Swarco AG, PArklayer, Omnitec group, Dongyang Menics Co. Ltd, Skidata AG, and Mindteck.
The global smart parking market is segmented based on type, component, technology, application, end user, and region. Based on type, it is bifurcated into off-street and on-street. Based on technology, it is classified into IoT, ultrasonic, and RFID. Based on application, it is divided as security & surveillance, smart payment system, E parking, and license plate recognition. Based on end user, it is studied across commercial and government
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The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information, and applies a number of industry-best techniques upon the data for projecting the future state of the global Specialty Smart Parking market. Based on current market development, the report includes an analysis of how activities such as mergers and shapes the market’s future.
What the research report offers:
- Market definition of the global Smart Parking market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
- Extensive research on the competitive landscape of global Smart Parking
- Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
- A comprehensive list of key market players operating in the global Smart Parking
- Analysis of the different market segments such as type, size, applications, and end-users.
- It offers a descriptive analysis of demand-supply chaining in the global Smart Parking
- Statistical analysis of some significant economics facts Figures, charts, graphs, pictures to describe the market clearly
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Table of Contents:
Global Smart Parking Market Research Report
Chapter 1 Smart Parking Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
…….CONTINUED FOR TOC