Smart Parking Market 2019 World Analysis and Forecast To 2023

Smart parking is an innovative solution to help a driver find vacant spots in parking garages for their vehicle.  The use of sensors allows free parking spaces to light up in color which indicates that a driver may park there. Such systems have become necessary with the expansion of urban areas where there is a rising number of automotive vehicles. Market Research Future has invest resources in uncovering vital details about the global smart packaging market during the assessment period from 2017 to 2023. the global smart parking market is expected to grow at a CAGR of 10.97% during the assessment period.

Various technologies are used in smart parking, including ultrasonic, RFID, and others. these technologies are extensively being used as the emergence of smart cities increases. Increasing traffic conditions have led to crowded public parking spaces which have driven the demand for smart parking solutions. Rising traffic has largely been caused by urbanization and the increasing demand for automotive vehicles, especially in emerging economies. Advancing smart technologies are also increasingly being deployed across the globe to help appropriately maintain efficiency in urban area living. Moreover, the adoption of disruptive digital technologies is quite high in metropolitan areas as these technologies have the ability to possibly solve major metropolitan challenges like safe parking. Smart parking solutions are being employed in airports, shopping centers, city garages and universities to name a few. Moreover, the increasing intelligence of such technologies is expected to provide ample opportunities for market growth.

Get Sample Report of “Smart Parking Market Research Report - Global Forecast to 2023” At: https://www.marketresearchfuture.com/sample_request/2323

Market Segmentation

The global smart parking market has been segmented on the basis of parking site, technology, and regions. Parking site has been segmented into on-street, and off-street. Off street parking is more commonly preferred as it is the safer parking method as opposed to on-street parking. The off-street parking segmented captured a market share of 68.45% and is expected to retain its leadership position.

Technology has been segmented to include SmartApp, in-ground vehicle detection sensor, RFID, ultrasonic, and others. The SmartApp segment accounted for a share of 34.14% which makes it the largest segment in the market. SmartApp is increasingly popular as the integrated technology can be used to assist drivers in real time to find available parking spots.

Regions covered in the report include Europe, North America, Asia Pacific and the Rest of the World.

Regional Analysis

The Asia Pacific has emerged as the largest region in the global smart parking market due to the presence of massive populations in economically booming countries of China, Japan, and India. The increasing rate of registration of new vehicles combined with expanding urbanization in the region is expected to drive the APAC market. Emerging countries in the APAC region are actively in the process of integrated smart city solutions in various tier 1 and tier 2 cities. Europe accounted for the second largest region in the global market, while North America comes in third in terms of market size. Both regions have significant market players as well as developed economies where smart parking solutions are being employed increasingly     

       

Key Players

The leading market players that have been included in MRFR’s report on the global smart parking market include Omnitec group (UAE), Robert Bosch GmbH (Germany), Smart Parking Limited (Australia), Dongyang Menics Co., Ltd (South Korea), Parklayer (India), IEM SA (Switzerland), Amano McGann, Inc. (U.S.), IPS Group Inc. (U.S.), Mindteck (India), and Klaus Multiparking Systems (Germany). These players have been analyzed for their competitive role in the market as well as the market strategies that they employ

Browse Full Report on “Smart Parking Market Research Report - Global Forecast to 2023” At: https://www.marketresearchfuture.com/reports/smart-parking-market-2323

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com

Smart Parking Market- Global Industry Size, Share, Trends, Analysis and Forecast 2019 – 2023

Smart Parking Industry is to grow at strategic CAGR of 10.97% over the forecast period of 2019 to 2023. Global Smart Parking industry Report – Forecast to 2023 is latest research report published by "Market Research Future", which provides comprehensive information on Smart Parking Industry Trends, Size, Share, Statistics with historic and forecast data to 2023. 

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Competitive Dashboard

The prominent players operating the global smart parking market are Mindteck (India), Omnitec group (UAE), IPS Group Inc. (U.S.), Robert Bosch GmbH (Germany), Dongyang Menics Co. Ltd (South Korea), Klaus Multiparking Systems (Germany), IEM SA (Switzerland), PArklayer (India), Smart Parking Limited (Australia), and Amano McGann Inc. (U.S.).

Get Free Sample of Smart Parking Market @ https://www.marketresearchfuture.com/sample_request/2323

Market Scenario

The global smart parking market is predicted to register 10.97% CAGR during the forecast period (2017 -2023) owing to the smart cities solutions for connected demands, asserts Market Research Future (MRFR). Smart parking is referred to as a vehicle parking system which allow drivers to look for vacant space in order to park the vehicle. Software and sensors assist the drivers for finding place available for parking with the help of sign and symbols. The system also helps in proper management of the vehicle by considering the availability of space and assists in optimized usage of land. Smart parking systems market comprises real-time data, sensors, and smart-phone-enabled automated payment systems which enable the users to reserve parking slot in advance. The system helps to identify the exact state of a parking space, whether occupied or vacant, and examines and transmits information to signage, mobile applications, and web-based applications.

Global Smart Parking Market: Segmental Analysis

The global smart parking market has been segmented on the basis of technology, parking site, and region.

By mode of parking site, the global smart parking market has been segmented into off-street and on-street. Among these, the off-street segment occupies the largest market share with 68.45% owing to the growth in the automotive industry. Off-street parking is used to park vehicles anywhere except on the street. Several parking lots and garages are available for parking vehicles and is regarded as one of the safest modes of parking compared to on-street parking.

By mode of technology, the global smart parking market has been segmented into ultrasonic, SmartApp, In-ground vehicle detection sensor, RFID, and others. Among these, the SmartApp occupies the largest market share with 34.14%. The SmartApp is an integrated technology which helps the drivers on real time availability of parking lots and is extensively used as any person sitting in the car can locate the parking space in a convenient manner.

Regional Insights

Geographically, the smart parking market span across regions Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region occupies the largest market share owing to the presence of economies such as India, Japan, and China. the increasing rate in registration of new cars coupled with boom from this region is considered to open doors of opportunities for the parking management business.

Europe is considered to occupy the second largest market share owing to the rising urbanization. The rising urbanization has resulted in the increased demand for infrastructure including building and transportation. Smart cities offer higher technology through mobile technology, thus optimizing the existing infrastructure and creating use of land in an efficient way. Moreover, there has been continuous development in this region for formulating strategy to achieve growth in the metropolitan areas. This is considered to fuel the smart parking market in this region.

Drivers and Constraints Impacting the Market

The global smart parking market is estimated to expand at a remarkable CAGR owing to several growth factors. With smart parking systems emerging as ideal solution to various economic and environmental issues coupled with smart cities solutions for connected demands, the global smart parking marking is witnessing a surge during the estimated period. The adoption of smart parking is increasing at a rapid pace as disruptive digital technologies have the potential to solve metropolitan challenges like safe parking and promises to make urban areas more secure and efficient. Smart parking is one of the fastest growing and most adopted solutions across universities, airports, city garages, and shopping centers. The ability to analyze, connect, and automate data gathered from devices, powered by the Internet of Things makes smart parking possible. Smart parking helps to solve problem associated with parking that results in air pollution. Governments across the world are taking initiative in order to develop the infrastructure which is projected to result in automated parking. Moreover, some solutions facilitate online payments, car searching functionalities, and parking time notifications for huge parking space. For instance, the U.S.-based blockchain technology firm Net-Objex in December 2017, has showcased a smart parking payment solution by using the cryptocurrency and IOTA decentralized network.

On the flip side, the concept of smart parking market is highly affected by the operational complexity which is difficult to understand and its high implementation cost. This is considered to bottleneck the growth of the market during the estimated period.

Industry Updates

Guangzhou Kinouwell Parking Co., Ltd has recently announced smart parking solution in order to make parking safe and convenient for everyone. The company has been engaged in the development, design, and production of intelligent parking solutions and introduces innovative parking solutions effective in offering the best parking technology in the market. They are offering products such as parking lot sensors, parking locks, parking card ticketing machines, parking meters, parking barriers, and others.

Browse Full Report on Smart Parking Market @ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

salse@marketresearchfuture.com

Global Smart Parking Market Trends, Demand and Forecast to 2023

Smart Parking Industry is to grow at strategic CAGR of 10.97% over the forecast period of 2019 to 2023. Global Smart Parking industry Report – Forecast to 2023 is latest research report published by "Market Research Future", which provides comprehensive information on Smart Parking Industry Trends, Size, Share, Statistics with historic and forecast data to 2023. 

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Competitive Dashboard

The prominent players operating the global smart parking market are Mindteck (India), Omnitec group (UAE), IPS Group Inc. (U.S.), Robert Bosch GmbH (Germany), Dongyang Menics Co. Ltd (South Korea), Klaus Multiparking Systems (Germany), IEM SA (Switzerland), PArklayer (India), Smart Parking Limited (Australia), and Amano McGann Inc. (U.S.).

Get More Information of Smart Parking Market @ https://www.marketresearchfuture.com/press-release/global-smart-parking-market

Market Scenario

The global smart parking market is predicted to register 10.97% CAGR during the forecast period (2017 -2023) owing to the smart cities solutions for connected demands, asserts Market Research Future (MRFR). Smart parking is referred to as a vehicle parking system which allow drivers to look for vacant space in order to park the vehicle. Software and sensors assist the drivers for finding place available for parking with the help of sign and symbols. The system also helps in proper management of the vehicle by considering the availability of space and assists in optimized usage of land. Smart parking systems market comprises real-time data, sensors, and smart-phone-enabled automated payment systems which enable the users to reserve parking slot in advance. The system helps to identify the exact state of a parking space, whether occupied or vacant, and examines and transmits information to signage, mobile applications, and web-based applications.

Global Smart Parking Market: Segmental Analysis

The global smart parking market has been segmented on the basis of technology, parking site, and region.

By mode of parking site, the global smart parking market has been segmented into off-street and on-street. Among these, the off-street segment occupies the largest market share with 68.45% owing to the growth in the automotive industry. Off-street parking is used to park vehicles anywhere except on the street. Several parking lots and garages are available for parking vehicles and is regarded as one of the safest modes of parking compared to on-street parking.

By mode of technology, the global smart parking market has been segmented into ultrasonic, SmartApp, In-ground vehicle detection sensor, RFID, and others. Among these, the SmartApp occupies the largest market share with 34.14%. The SmartApp is an integrated technology which helps the drivers on real time availability of parking lots and is extensively used as any person sitting in the car can locate the parking space in a convenient manner.

Regional Insights

Geographically, the smart parking market span across regions Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).

Among all the regions, the Asia Pacific region occupies the largest market share owing to the presence of economies such as India, Japan, and China. the increasing rate in registration of new cars coupled with boom from this region is considered to open doors of opportunities for the parking management business.

Europe is considered to occupy the second largest market share owing to the rising urbanization. The rising urbanization has resulted in the increased demand for infrastructure including building and transportation. Smart cities offer higher technology through mobile technology, thus optimizing the existing infrastructure and creating use of land in an efficient way. Moreover, there has been continuous development in this region for formulating strategy to achieve growth in the metropolitan areas. This is considered to fuel the smart parking market in this region.

Drivers and Constraints Impacting the Market

The global smart parking market is estimated to expand at a remarkable CAGR owing to several growth factors. With smart parking systems emerging as ideal solution to various economic and environmental issues coupled with smart cities solutions for connected demands, the global smart parking marking is witnessing a surge during the estimated period. The adoption of smart parking is increasing at a rapid pace as disruptive digital technologies have the potential to solve metropolitan challenges like safe parking and promises to make urban areas more secure and efficient. Smart parking is one of the fastest growing and most adopted solutions across universities, airports, city garages, and shopping centers. The ability to analyze, connect, and automate data gathered from devices, powered by the Internet of Things makes smart parking possible. Smart parking helps to solve problem associated with parking that results in air pollution. Governments across the world are taking initiative in order to develop the infrastructure which is projected to result in automated parking. Moreover, some solutions facilitate online payments, car searching functionalities, and parking time notifications for huge parking space. For instance, the U.S.-based blockchain technology firm Net-Objex in December 2017, has showcased a smart parking payment solution by using the cryptocurrency and IOTA decentralized network.

On the flip side, the concept of smart parking market is highly affected by the operational complexity which is difficult to understand and its high implementation cost. This is considered to bottleneck the growth of the market during the estimated period.

Industry Updates

Guangzhou Kinouwell Parking Co., Ltd has recently announced smart parking solution in order to make parking safe and convenient for everyone. The company has been engaged in the development, design, and production of intelligent parking solutions and introduces innovative parking solutions effective in offering the best parking technology in the market. They are offering products such as parking lot sensors, parking locks, parking card ticketing machines, parking meters, parking barriers, and others.

Browse Full Report on Smart Parking Market @ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

salse@marketresearchfuture.com

Smart Parking Market- Global Industry Size, Share, Trends, Analysis and Forecast 2019 – 2023

Smart Parking Market 2018

Smart Parking Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Smart Parking Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Browse Full Report on Smart Parking Market @ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

The Key Players in Global Smart Parking Market Are:

Amano McGann, Inc. (U.S.), Smart Parking Limited (Australia), IEM SA (Switzerland), IPS Group Inc. (U.S.), Klaus Multiparking Systems (Germany), PArklayer (India), Omnitec group (UAE), Mindteck (India), Robert Bosch GmbH (Germany) and Dongyang Menics Co., Ltd (South Korea)

Smart Parking Market, By Segmentation:

The smart parking market is segmented based on parking site, technology, and region. On the basis of parking site, Off-Street segment accounted for the largest share with 68.45% in the global smart parking market due to growth in automotive industry. The off-street parking is generally used for parking the vehicles anywhere but not on the street. There are various garages and parking lots available for parking the vehicles. This is one of the safe parking method as compared to on-street parking. On the basis of technology, the market has been as SmartApp, ultrasonic, RFID, In-ground vehicle detection sensor, and others. SmartApp segment accounted for the largest share with 34.14% in the global smart parking market. Ultrasonic is the second largest segment on the basis of technology and accounted for 26.25% share in the same year. The SmartApp is an integrated technology that has been developed to help the drivers on the real time availability of the parking space in nearby place. The SmartApp is widely used because any person sitting in the car can find the place for parking the vehicle in convenient manner. Ultrasonic has accounted for the second largest segment in smart parking market with a market share of 35.01% in 2016.

Smart Parking Market, By Region:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region has accounted for the largest market share due to the presence of China, Japan and India. The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. Smart city concept is a new approach to redesigning cities and conceiving solutions to recent urban challenges such as traffic congestion, rapid expansion of urban population, increased energy consumption and increased greenhouse gas emission. Smart city aims to solve these challenges based upon foundations of good urban planning, economic competitiveness and sustainable practices that use emerging information and communication technologies. Europe accounted for the second largest market during the forecast period due to growing urbanization. The growing urbanization has led to the increased demand for infrastructure including transportation and building. Smart cities provide higher technology through mobile technology, optimize existing infrastructure, and create land use, in an efficient way. This will lead to growing demand for smart parking in smart cities. In the U.S., the National Institute of Standards Technology (NIST), part of U.S. Department of Commerce, has started working on the deployment of smart city development. The design of the framework was built to address two main concerns that are the interoperability and portability of ICT development across cities, and the need for standard architectural principles. This framework will lead to the demand for smart cities, which will ultimately result in the development of the smart parking market. Canadian market for automotive industry is rising steadily. The vehicle sales have continued to grow in the recent years. As of March, 2017, the sales of electric vehicles in Canada has reached 19,83,745 units, which shows that in the coming years, the sales would increase at a much higher rate. Government initiative and rising preference for vehicles is expected to be the major growth influencer of the Canada market. In Europe, there has been constant development for formulating strategy in order to achieve the growth in the metropolitan areas. This increase in the development will drive the smart parking market in Europe. 

Get More Information of Smart Parking Market @ https://www.marketresearchfuture.com/press-release/global-smart-parking-market 

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

salse@marketresearchfuture.com

Smart Parking Market Global Sales, Revenue, Price And Gross Margin Forecast To 2023

Pune, India, September, 2018 /press release/- Market Research Future Published a Half-Cooked Research Report on Smart Parking Market Research Report.

Overview:

Across the globe, with evolving industrial economic structures, the tendency to infuse every bit of life with digitalization is taking precedence. This is giving birth to smart cities. Digital technologies getting intricately wired with the embryonic infrastructure of cities have the potential to provide solutions to many answers. The parking problem is one among the many. The technology enables cars to find a suitable spot by using SmartApp, ultrasonic, RFID, and others. Its application has far-reaching benefits on both environmental and economic grounds. The global smart parking market is eyeing for an astonishing CAGR of 10.97% with which it can scale new heights during the forecast period (2017-2023), reports Market Research Future (MRFR) in a holistic approach that involves a detailed analysis of the available data for a comprehensive prediction for the coming years. Smart parking has already accrued popularity in airports, universities, shopping centers, and city garages. Smart parking technology involves amassing of data and precise analysis with the power of the Internet of Things (IoT). With sensors all around, cars gather information from a range of parameters such as temperature, sound, vibration, pressure, water quality, and pollutants to accurately deliver the result.

On the flip side, the prospect of the smart parking market is marred by high implementation cost and its operational complexity is still difficult for many to understand. This can bottleneck the growth of the market in coming years. But technological implementations in all the sectors, along with an increasing number of smart homes can helm the market towards unprecedented growth.

Industry Trends:

Chinese behemoth ZTE has recently launched their smart parking technology which includes QCell indoor coverage solution, mobile edge computing (MEC), and IoT terrestrial magnetism to assist users with correct information.

Parquery is an app launched recently to guide drivers with exact location spot. Their analysis reveals that every year people all across the world waste a considerable time looking for parking zone. This app will assist people in easily locating a parking zone, and in the process, will increase revenue from parking.

Get Sample Report of Smart Parking Market@ https://www.marketresearchfuture.com/sample_request/2323

Segmentation:

The global smart parking market can be segmented by parking site and technology.

Based on parking site, the market can be on-street, and off-street. Off-street market is gaining much from its 68.45% market share.

Technology-wise, the market includes SmartApp, ultrasonic, RFID, In-ground vehicle detection sensor, and others. SmartApp accounts for the largest share of 34.14% of the global revenue, whereas, ultrasonic is segment fetched 26.25% of the share. 

Regional Analysis:

Considering geographical attributes, the market can be segmented into North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW). 

The APAC region is registering the maximum market share with China, Japan, and India contributing the most. The automobile sector is burgeoning in this region owing to which new cars are integrating this latest technology. Furthermore, real estate sectors are setting up smart cities which are triggering the integration of this new technology. The cities are getting redesigned, and in sync, the need for smart parking solutions is rising.

Europe assumes the second position with urban infrastructures using this technology to its optimum potential. North American countries such as the U.S. and Canada are also showing significant adoption of this technology. In the U.S., government initiatives to develop smart cities can be witnessed in the planning of the National Institute of Standards Technology (NIST), part of the U.S. Department of Commerce. As a consequence, a smart parking solution will also experience a rise.

Browse Full Report on Smart Parking Market@ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Table of Contents   

1    Executive Summary

2    Research Methodology

3    Market Dynamics

4    Market, By Parking Site 

5    Market, By Solutions

6    Market, By Application

7     Regional Market Analysis

8    Competition Analysis

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

salse@marketresearchfuture.com

Smart Parking Market Global Industry Review 2018 To 2023

Smart Parking Market 2018

Smart Parking Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Smart Parking Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Get Sample Report of Smart Parking Market@ https://www.marketresearchfuture.com/sample_request/2323

Market Scenario:

Smart Parking is the system that helps the driver to find the vacant spot for parking the vehicle. The parking system detects the parking space with the help of sensors and directs the drivers about the vacant space. The various technologies that are used in smart parking are smartapp, ultrasonic, RFID, and others. The smart parking market is expected to grow at CAGR of around 10.97% during the period 2017 to 2023.

The Key Players in Global Smart Parking Market Are:

Amano McGann, Inc. (U.S.), Smart Parking Limited (Australia), IEM SA (Switzerland), IPS Group Inc. (U.S.), Klaus Multiparking Systems (Germany), PArklayer (India), Omnitec group (UAE), Mindteck (India), Robert Bosch GmbH (Germany) and Dongyang Menics Co., Ltd (South Korea)

Growth factors:

The factors that are responsible for the growth of smart parking market are smart cities solutions for connected demands and smart parking systems emerge as ideal solution to several environmental and economic issues. The world is witnessing increasing urbanization while technology has been incorporated by cities for many years. However, the pace at which this adoption takes place is increasing, rapidly, as disruptive digital technologies have the potential to solve major metropolitan challenges such as safe parking. Smart cities hold the promise to make urban areas better  efficient and more secure. Smart parking is the most adopted and fastest growing solution across the airports, universities, shopping centers and city garages. The ability to connect, analyse, and automate data gathered from devices, powered by and described as the Internet of Things, is what makes smart parking, possible. It has the power to employ a big number of small, cheap, and energy efficient sensors, which, collect and process a range of parameters such as temperature, sound, vibration, pressure, water quality, and pollutants.      

Smart Parking Market, By Segmentation:

The smart parking market is segmented based on parking site, technology, and region. On the basis of parking site, Off-Street segment accounted for the largest share with 68.45% in the global smart parking market due to growth in automotive industry. The off-street parking is generally used for parking the vehicles anywhere but not on the street. There are various garages and parking lots available for parking the vehicles. This is one of the safe parking method as compared to on-street parking. On the basis of technology, the market has been as SmartApp, ultrasonic, RFID, In-ground vehicle detection sensor, and others. SmartApp segment accounted for the largest share with 34.14% in the global smart parking market. Ultrasonic is the second largest segment on the basis of technology and accounted for 26.25% share in the same year. The SmartApp is an integrated technology that has been developed to help the drivers on the real time availability of the parking space in nearby place. The SmartApp is widely used because any person sitting in the car can find the place for parking the vehicle in convenient manner. Ultrasonic has accounted for the second largest segment in smart parking market with a market share of 35.01% in 2016.

Smart Parking Market, By Region:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region has accounted for the largest market share due to the presence of China, Japan and India. The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. Smart city concept is a new approach to redesigning cities and conceiving solutions to recent urban challenges such as traffic congestion, rapid expansion of urban population, increased energy consumption and increased greenhouse gas emission. Smart city aims to solve these challenges based upon foundations of good urban planning, economic competitiveness and sustainable practices that use emerging information and communication technologies. Europe accounted for the second largest market during the forecast period due to growing urbanization. The growing urbanization has led to the increased demand for infrastructure including transportation and building. Smart cities provide higher technology through mobile technology, optimize existing infrastructure, and create land use, in an efficient way. This will lead to growing demand for smart parking in smart cities. In the U.S., the National Institute of Standards Technology (NIST), part of U.S. Department of Commerce, has started working on the deployment of smart city development. The design of the framework was built to address two main concerns that are the interoperability and portability of ICT development across cities, and the need for standard architectural principles. This framework will lead to the demand for smart cities, which will ultimately result in the development of the smart parking market. Canadian market for automotive industry is rising steadily. The vehicle sales have continued to grow in the recent years. As of March, 2017, the sales of electric vehicles in Canada has reached 19,83,745 units, which shows that in the coming years, the sales would increase at a much higher rate. Government initiative and rising preference for vehicles is expected to be the major growth influencer of the Canada market. In Europe, there has been constant development for formulating strategy in order to achieve the growth in the metropolitan areas. This increase in the development will drive the smart parking market in Europe. 

Browse Full Report on Smart Parking Market @ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued…….  

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com

Smart Parking Market 2018 Receives a Rapid Boost in Economy due to High Emerging Demands by Forecast to 2023

Smart Parking Market 2018

Smart Parking Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Smart Parking Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Get Sample Report of Smart Parking Market@ https://www.marketresearchfuture.com/sample_request/2323

Market Scenario

Smart Parking is the system that helps the driver to find the vacant spot for parking the vehicle. The parking system detects the parking space with the help of sensors and directs the drivers about the vacant space. The various technologies that are used in smart parking are smartapp, ultrasonic, RFID, and others. The smart parking market is expected to grow at CAGR of around 10.97% during the period 2017 to 2023.

The factors that are responsible for the growth of smart parking market are smart cities solutions for connected demands and smart parking systems emerge as ideal solution to several environmental and economic issues. The world is witnessing increasing urbanization while technology has been incorporated by cities for many years. However, the pace at which this adoption takes place is increasing, rapidly, as disruptive digital technologies have the potential to solve major metropolitan challenges such as safe parking. Smart cities hold the promise to make urban areas better  efficient and more secure. Smart parking is the most adopted and fastest growing solution across the airports, universities, shopping centers and city garages. The ability to connect, analyse, and automate data gathered from devices, powered by and described as the Internet of Things, is what makes smart parking, possible. It has the power to employ a big number of small, cheap, and energy efficient sensors, which, collect and process a range of parameters such as temperature, sound, vibration, pressure, water quality, and pollutants.   

   

Smart Parking Market, By Segmentation:

The smart parking market is segmented based on parking site, technology, and region. On the basis of parking site, Off-Street segment accounted for the largest share with 68.45% in the global smart parking market due to growth in automotive industry. The off-street parking is generally used for parking the vehicles anywhere but not on the street. There are various garages and parking lots available for parking the vehicles. This is one of the safe parking method as compared to on-street parking. On the basis of technology, the market has been as SmartApp, ultrasonic, RFID, In-ground vehicle detection sensor, and others. SmartApp segment accounted for the largest share with 34.14% in the global smart parking market. Ultrasonic is the second largest segment on the basis of technology and accounted for 26.25% share in the same year. The SmartApp is an integrated technology that has been developed to help the drivers on the real time availability of the parking space in nearby place. The SmartApp is widely used because any person sitting in the car can find the place for parking the vehicle in convenient manner. Ultrasonic has accounted for the second largest segment in smart parking market with a market share of 35.01% in 2016.

Smart Parking Market, By Region:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region has accounted for the largest market share due to the presence of China, Japan and India. The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. Smart city concept is a new approach to redesigning cities and conceiving solutions to recent urban challenges such as traffic congestion, rapid expansion of urban population, increased energy consumption and increased greenhouse gas emission. Smart city aims to solve these challenges based upon foundations of good urban planning, economic competitiveness and sustainable practices that use emerging information and communication technologies. Europe accounted for the second largest market during the forecast period due to growing urbanization. The growing urbanization has led to the increased demand for infrastructure including transportation and building. Smart cities provide higher technology through mobile technology, optimize existing infrastructure, and create land use, in an efficient way. This will lead to growing demand for smart parking in smart cities. In the U.S., the National Institute of Standards Technology (NIST), part of U.S. Department of Commerce, has started working on the deployment of smart city development. The design of the framework was built to address two main concerns that are the interoperability and portability of ICT development across cities, and the need for standard architectural principles. This framework will lead to the demand for smart cities, which will ultimately result in the development of the smart parking market. Canadian market for automotive industry is rising steadily. The vehicle sales have continued to grow in the recent years. As of March, 2017, the sales of electric vehicles in Canada has reached 19,83,745 units, which shows that in the coming years, the sales would increase at a much higher rate. Government initiative and rising preference for vehicles is expected to be the major growth influencer of the Canada market. In Europe, there has been constant development for formulating strategy in order to achieve the growth in the metropolitan areas. This increase in the development will drive the smart parking market in Europe. 

The Key Players in Global Smart Parking Market Are:

Amano McGann, Inc. (U.S.), Smart Parking Limited (Australia), IEM SA (Switzerland), IPS Group Inc. (U.S.), Klaus Multiparking Systems (Germany), PArklayer (India), Omnitec group (UAE), Mindteck (India), Robert Bosch GmbH (Germany) and Dongyang Menics Co., Ltd (South Korea)

The report for Global Smart Parking Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Browse Full Report on Smart Parking Market@ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important  question. In order to stay updated with technology and work process of the industry

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

salse@marketresearchfuture.com

Global Smart Parking Market 2018 Study And Analysis Research Report Forecast To 2023

Smart Parking Global Market – Overview
The world is facing increasing urbanization while technology has been incorporated by cities for many years. However, the pace at which this adoption takes place is increasing rapidly as disruptive digital technologies have the potential to solve major metropolitan challenges such as safe parking. Smart cities hold the promise to potentially make urban areas more efficient and more secure. Smart parking is the most adopted and fastest growing solution across the Airports, universities, shopping centers and city garages. The ability to connect, analyze and automate data gathered from devices, powered by and described as the Internet of Things, is what makes smart parking possible. It has the power to employ big number of small, cheap, and energy efficient sensors which collaboratively collect and process wide range of parameters such as temperature, sound, vibration, pressure, water quality, pollutants and many more in different industries.

The smart parking acts as major change for increasing number struggle with traffic congestion and inadequate parking availability. With government planning policies aimed at curtailing growth in the number of new car parking spaces and no new multi-storey car parks being developed, demand is exceeding for the smart parking. During the last several years, the use of technology has accelerated in the parking and transportation industry. It made parking more efficient, more precise, and easier to manage. It also makes parking more customer-friendly than ever before. Increasing technological advancements, such as autonomous cars which is also called as self-driving cars and smart parking technologies with high investments for the development of smart cities by governments will offer potential growth opportunities for smart parking market. Moreover, Mobile applications on smartphones for the information of location, opening hours, tariff and facilities as well as can allow the driver to record the GPS location of their car in a crowded car park, with additional notes and photos and other helps the driver to rely on smart parking.

Get Sample Report of Smart Parking Market@ https://www.marketresearchfuture.com/sample_request/2323

Key Players:
BMW Group (Germany), Robert Bosch GmbH (Germany), Valeo SA( France), Cubic Corporation (U.S.), Amco S.A.(Greece), Siemens AG, Xerox Corp.(U.S), Altiux Innovations(Bangalore), Continental AG (Germany ), CivicSmart, Inc.(U.S) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Smart Parking Market. 

Industry/ Innovation/ Related News:
Key strategies followed by most companies within the global Smart Parking market were merger & expansion.

On September 2017, Amano McGann had partnered with ITR to expand its base in South Carolina to provide sales, services, and support in this region. The company has partnered with various companies to expand its base in different regions. On 22 May, 2017, Amano McGann, Inc. had partnered with PSX to provide sales, service, and support in Colorado. The partnership with Parking Panda will provide an unprecedented digital access to thousand of parking garages. The partnership with Aprica on 29th June, 2015, will provide EMV to parking payment system globally.

On March 1, 2017, Smart Parking Limited has launched a new smartspot gateway solution to meet the needs of amrt city operators. It will provide a comprehensive information about the connection of smart vehicle parking sensors. On December 8th, 2016, Smart Parking Limited has expanded its services at Fistral Beach. Smart Parking Limited has been working with Fistral Beach operators in order to manage the site car parking. Smart Parking Limted has also expanded its base in Canberra in order to deliver SmartPark solution which will enable the drivers to identify the parking space on-site.

On April 2016, IEM SA has launched Presto Park as its new brand for the user of on-street parking. It is installed with a set of unique portal with online services that will ease the life of drivers. The design of the product are made autonomous so as to reduce the energy consumption by the equipment.

In January 2017, MIndteck became partner with CMMI Institute to provide organization with effective processing and improve their performance. In 2016, the company had expanded in Midwest so as to implement growth strategy in U.S. The company has also provided innovative smart parking solution to New Delhi Municipal Corporation (NDMC). This will expand its base in different region to cater different customers and clients.

Global Smart Parking Market – Segmentation
The Global Smart Parking Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding; 
Segmentation by Parking Site : Comprises On-street and Off-street
Segmentation by Solutions : Comprises Security & Surveillance, Valet & Parking Reservation, and others
Segmentation by Application : Comprises transport transit, government, and commercial
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Global Smart Parking Market: Regional Analysis
North America is expected to dominate the market because the solution providers in U.S. are mainly focusing on providing the spot parking navigation. The spot parking navigation helps the driver to find the parking space in heavy traffic areas. North America has almost 800 million space for parking that includes garages and surface parking lot. The increased in the parking space will result in the growth of smart parking industry in future. Asia Pacific is expected to grow at highest growth rate due to the increase in the production of vehicles in emerging countries such as India and China. 

Browse Full Report on Smart Parking Market @ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued…….  

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com

Smart Parking Market 2018 World Analysis and Forecast to 2023

Smart Parking Market 2018

Smart Parking Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Smart Parking Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Smart Parking Market Information Report by Parking Site (On-Street and Off-Street), Technology (SmartApp, In-Ground Vehicle Detection Sensor, RFID, Ultrasonic, and Others), and region.

Get Sample Report of Smart Parking Market@ https://www.marketresearchfuture.com/sample_request/2323

Market Scenario

Smart Parking is the system that helps the driver to find the vacant spot for parking the vehicle. The parking system detects the parking space with the help of sensors and directs the drivers about the vacant space. The various technologies that are used in smart parking are smartapp, ultrasonic, RFID, and others. The smart parking market is expected to grow at CAGR of around 10.97% during the period 2017 to 2023.

The factors that are responsible for the growth of smart parking market are smart cities solutions for connected demands and smart parking systems emerge as ideal solution to several environmental and economic issues. The world is witnessing increasing urbanization while technology has been incorporated by cities for many years. 

However, the pace at which this adoption takes place is increasing, rapidly, as disruptive digital technologies have the potential to solve major metropolitan challenges such as safe parking. Smart cities hold the promise to make urban areas better  efficient and more secure. Smart parking is the most adopted and fastest growing solution across the airports, universities, shopping centers and city garages. The ability to connect, analyse, and automate data gathered from devices, powered by and described as the Internet of Things, is what makes smart parking, possible. It has the power to employ a big number of small, cheap, and energy efficient sensors, which, collect and process a range of parameters such as temperature, sound, vibration, pressure, water quality, and pollutants.   

   

Smart Parking Market, By Segmentation:

The smart parking market is segmented based on parking site, technology, and region. On the basis of parking site, Off-Street segment accounted for the largest share with 68.45% in the global smart parking market due to growth in automotive industry. The off-street parking is generally used for parking the vehicles anywhere but not on the street. There are various garages and parking lots available for parking the vehicles. This is one of the safe parking method as compared to on-street parking. On the basis of technology, the market has been as SmartApp, ultrasonic, RFID, In-ground vehicle detection sensor, and others. SmartApp segment accounted for the largest share with 34.14% in the global smart parking market. Ultrasonic is the second largest segment on the basis of technology and accounted for 26.25% share in the same year. The SmartApp is an integrated technology that has been developed to help the drivers on the real time availability of the parking space in nearby place. The SmartApp is widely used because any person sitting in the car can find the place for parking the vehicle in convenient manner. Ultrasonic has accounted for the second largest segment in smart parking market with a market share of 35.01% in 2016.

Smart Parking Market, By Region:

On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region has accounted for the largest market share due to the presence of China, Japan and India. The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. Smart city concept is a new approach to redesigning cities and conceiving solutions to recent urban challenges such as traffic congestion, rapid expansion of urban population, increased energy consumption and increased greenhouse gas emission. Smart city aims to solve these challenges based upon foundations of good urban planning, economic competitiveness and sustainable practices that use emerging information and communication technologies. Europe accounted for the second largest market during the forecast period due to growing urbanization. The growing urbanization has led to the increased demand for infrastructure including transportation and building. Smart cities provide higher technology through mobile technology, optimize existing infrastructure, and create land use, in an efficient way. This will lead to growing demand for smart parking in smart cities. In the U.S., the National Institute of Standards Technology (NIST), part of U.S. Department of Commerce, has started working on the deployment of smart city development. The design of the framework was built to address two main concerns that are the interoperability and portability of ICT development across cities, and the need for standard architectural principles. This framework will lead to the demand for smart cities, which will ultimately result in the development of the smart parking market. Canadian market for automotive industry is rising steadily. The vehicle sales have continued to grow in the recent years. As of March, 2017, the sales of electric vehicles in Canada has reached 19,83,745 units, which shows that in the coming years, the sales would increase at a much higher rate. Government initiative and rising preference for vehicles is expected to be the major growth influencer of the Canada market. In Europe, there has been constant development for formulating strategy in order to achieve the growth in the metropolitan areas. This increase in the development will drive the smart parking market in Europe. 

The Key Players in Global Smart Parking Market Are:

Amano McGann, Inc. (U.S.), Smart Parking Limited (Australia), IEM SA (Switzerland), IPS Group Inc. (U.S.), Klaus Multiparking Systems (Germany), PArklayer (India), Omnitec group (UAE), Mindteck (India), Robert Bosch GmbH (Germany) and Dongyang Menics Co., Ltd (South Korea)

The report for Global Smart Parking Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Browse Full Report on Smart Parking Market@ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important  question. In order to stay updated with technology and work process of the industry.

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

salse@marketresearchfuture.com

Smart Parking Market: Global Major Key Players Research – Forecast to 2023

Smart Parking Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023. Smart Parking Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023

Smart Parking Global Market – Overview
The world is facing increasing urbanization while technology has been incorporated by cities for many years. However, the pace at which this adoption takes place is increasing rapidly as disruptive digital technologies have the potential to solve major metropolitan challenges such as safe parking. Smart cities hold the promise to potentially make urban areas more efficient and more secure. Smart parking is the most adopted and fastest growing solution across the Airports, universities, shopping centers and city garages. The ability to connect, analyze and automate data gathered from devices, powered by and described as the Internet of Things, is what makes smart parking possible. It has the power to employ big number of small, cheap, and energy efficient sensors which collaboratively collect and process wide range of parameters such as temperature, sound, vibration, pressure, water quality, pollutants and many more in different industries.

The smart parking acts as major change for increasing number struggle with traffic congestion and inadequate parking availability. With government planning policies aimed at curtailing growth in the number of new car parking spaces and no new multi-storey car parks being developed, demand is exceeding for the smart parking. During the last several years, the use of technology has accelerated in the parking and transportation industry. It made parking more efficient, more precise, and easier to manage. It also makes parking more customer-friendly than ever before. Increasing technological advancements, such as autonomous cars which is also called as self-driving cars and smart parking technologies with high investments for the development of smart cities by governments will offer potential growth opportunities for smart parking market. Moreover, Mobile applications on smartphones for the information of location, opening hours, tariff and facilities as well as can allow the driver to record the GPS location of their car in a crowded car park, with additional notes and photos and other helps the driver to rely on smart parking.

The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business. Smart city concept is a new approach to redesigning cities and conceiving solutions to recent urban challenges such as traffic congestion, rapid expansion of urban population, increased energy consumption and increased greenhouse gas emission. Smart city aims to solve these challenges based upon foundations of good urban planning, economic competitiveness and sustainable practices that use emerging information and communication technologies.

Get Samile Report of Smart Parking Market@ https://www.marketresearchfuture.com/sample_request/2323

Key Players:
BMW Group (Germany), Robert Bosch GmbH (Germany), Valeo SA( France), Cubic Corporation (U.S.), Amco S.A.(Greece), Siemens AG, Xerox Corp.(U.S), Altiux Innovations(Bangalore), Continental AG (Germany ), CivicSmart, Inc.(U.S) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Smart Parking Market.

Industry/ Innovation/ Related News:
Key strategies followed by most companies within the global Smart Parking market were merger & expansion.

On September 2017, Amano McGann had partnered with ITR to expand its base in South Carolina to provide sales, services, and support in this region. The company has partnered with various companies to expand its base in different regions. On 22 May, 2017, Amano McGann, Inc. had partnered with PSX to provide sales, service, and support in Colorado. The partnership with Parking Panda will provide an unprecedented digital access to thousand of parking garages. The partnership with Aprica on 29th June, 2015, will provide EMV to parking payment system globally.

On March 1, 2017, Smart Parking Limited has launched a new smartspot gateway solution to meet the needs of amrt city operators. It will provide a comprehensive information about the connection of smart vehicle parking sensors. On December 8th, 2016, Smart Parking Limited has expanded its services at Fistral Beach. Smart Parking Limited has been working with Fistral Beach operators in order to manage the site car parking. Smart Parking Limted has also expanded its base in Canberra in order to deliver SmartPark solution which will enable the drivers to identify the parking space on-site.

On April 2016, IEM SA has launched Presto Park as its new brand for the user of on-street parking. It is installed with a set of unique portal with online services that will ease the life of drivers. The design of the product are made autonomous so as to reduce the energy consumption by the equipment.

In January 2017, MIndteck became partner with CMMI Institute to provide organization with effective processing and improve their performance. In 2016, the company had expanded in Midwest so as to implement growth strategy in U.S. The company has also provided innovative smart parking solution to New Delhi Municipal Corporation (NDMC). This will expand its base in different region to cater different customers and clients.

Global Smart Parking Market – Segmentation
The Global Smart Parking Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding; 
Segmentation by Parking Site : Comprises On-street and Off-street
Segmentation by Solutions : Comprises Security & Surveillance, Valet & Parking Reservation, and others
Segmentation by Application : Comprises transport transit, government, and commercial
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Global Smart Parking Market: Regional Analysis
North America is expected to dominate the market because the solution providers in U.S. are mainly focusing on providing the spot parking navigation. The spot parking navigation helps the driver to find the parking space in heavy traffic areas. North America has almost 800 million space for parking that includes garages and surface parking lot. The increased in the parking space will result in the growth of smart parking industry in future. Asia Pacific is expected to grow at highest growth rate due to the increase in the production of vehicles in emerging countries such as India and China. 

Browse Full Report on Smart Parking Market @ https://www.marketresearchfuture.com/reports/smart-parking-market-2323

Continued……. 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important  question. In order to stay updated with technology and work process of the industry

CONTACT US:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

sales@marketresearchfuture.com