Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled “Smart Parking Systems Market (By Parking Site Type - On-street Parking, Off-street Parking; By Component - Sensor and Network Hardware, Software, Services; By Application Areas - Airports, Government and Municipalities and Corporate and Commercial Institutions) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast ... Read more
Smart parking system provides real-time information about the availability of parking space in a particular location, thereby enabling hassle-free vehicle parking while saving on time, cost, and fuel. It consists of low-cost sensors, real-time data collection and analytics, and automated payment systems that allow people to find parking in desired locations and pay for it in advance.
Smart parking system provides real-time information about the availability of parking space in a particular location, thereby enabling hassle-free vehicle parking while saving on time, cost, and fuel. It consists of low-cost sensors, real-time data collection and analytics, and automated payment systems that allow people to find parking in desired locations and pay for it in advance.
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 ... Read more
According to a new report, published by KBV research, 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.
The RFID market would dominate the Global Smart Parking Market by Technology by 2024. The Ultrasonic market is expected to witness a CAGR of 11.2% during (2018 - 2024). Additionally, The Others market is ... Read more
The Smart Display Market for automotive is projected to grow at a CAGR of 12.77% during the forecast period, to reach USD 9.80 billion by 2022. The improving per capita income of consumers and growing awareness of in-vehicle advanced technologies have led to the increase in demand for technologically advanced cars. OEMs are adopting in-vehicle advanced electronics in economic ... Read more
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. Additionally, ... Read more
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 U.S. National Highway Traffic Safety Administration (NHTSA) ruled that all new passenger ... Read more
The passenger car Smart Parking Market is projected to grow at a CAGR of 17.94%, to reach a market size of USD 5.25 billion by 2021. Worldwide vehicle production has increased from 84.2 million in 2012 to 90.8 million in 2015. Furthermore since 2012, with a growth of 8.6%, total passenger car production increased to 68.5 million in 2015. This rapid increase in the number of cars on the road has ... Read more
Global Smart Parking Market Report by Future Market Insights
According to the latest market intelligence report by FMI, , the global market size of keyword pegged US$ 5.6 Bn in 2019, and is spectated to register to register US$ 28.8 Bn by the end of 2029 with a CAGR of 17.0% from 2019 to 2029.
The global Smart Parking Market report considers the following years to project the overall market growth: ... Read more
