|
(Wireless-NewsWire.Com, June 02, 2018 ) Smart Parking systems Market to 2025 - Global Analysis and Forecast by Parking Sites, Components, and End-user Industry, smart parking systems market is expected to grow US$ 1462.3 million by 2025 from US$ 398.6 billion in 2016. Globally it has been realized that drivers spend an average of nearly 20 minutes/trip in search of a parking space. The current parking infrastructure does not satiate the ever growing demand for efficient parking. Today, the available parking spaces worldwide can handle only one-third of the parking needed. The same is true for several highly populated regions worldwide. Combining both on-street as well as off-street parking as well prove to be insufficient to cater the rising parking demands.
Request a Sample Report at https://bit.ly/2LRl8ph
In order to support sustainable development and safety of the drivers all major car manufacturing brands such as Audi, Mercedes, BMW, Ford and PSA Peugeot Citroën are coming up with hi-tech auto-parking technologies. For instance, BMW has pioneered in understanding the importance of connectivity between the cars and its surroundings, and has partnered with INRIX to introduce an application that would help BMW drivers to shorten the time consumed while searching for a vacant parking space. Furthermore, Ford is planning to design a smart car, integrated with sensors to detect empty parking spaces and to provide the correct information to the MIS; it was also capable of informing if the parking space is valid or not. Other automobile firms are also reframing there strategies to include smart parking as an important component in their upcoming car models.
Smart Parking Systems Market Players:
- Cisco Systems, Inc.
- Amano McGann, Inc.
- Smart Parking Ltd.
- Urbiotica
- Skidata AG
- Swarco AG
- Parkmobile, LLC
- Nedap N.V
- Kapsch
- Xerox Corp.
- Parkmobile, LLC
- SWARCO AG
Inquire Before Buying at https://bit.ly/2kHiarb
The report segments the global smart parking systems market as follows:
Global Smart Parking Systems Market - By Parking Sites
On - Street Parking
Off - Street Parking
Global Smart Parking Systems Market - By Components
Hardware
Software
Services
Global Smart Parking Systems Market - By End-user Industry
Transportation Facilities
Government & Municipalities
Corporate Institutions
Commercial Institutions
Global Smart Parking Systems Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
South America (SA)
Brazil
Rest of SA
View Complete Report https://bit.ly/2kHiarb
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
Source: EmailWire.Com 
|
