Smart Parking Market: Global Market Size and Forecast 2018-2023

Posted by pranshu@95 on July 24th, 2019

The report published by Orion Market Research (OMR) is on the global smart parking market.  According to OMR analysis, the Global Smart Parking Market is estimated to grow at a significant CAGR during the forecast period(2018-2023).  North America has the largest market share in terms of revenue from such system installation, as traffic management is one of the key concerns for government in the country. APAC region is growing significantly, which indicates a good potential of these markets to becoming a dominating region. Countries like China and India are the most promising economies in terms of growth, and there is always a need for smart parking solution due to the huge population and urbanization.

Furthermore, the global smart parking market is segmented on the basis of the solution , parking site, application, the technology used,  and components.The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

A full report of the global smart parking market is available at: https://www.omrglobal.com/industry-reports/smart-parking-market/

Market Segmentation

1. Global Smart Parking Market by Solution

• License/Registration Plate Recognition
• Parking Reservation Management
• Security and Surveillance
• Valet Parking Management

2. Global Smart Parking Market by Parking Site

• On Street Parking
• Off Street Parking

3. Global Smart Parking Market by Application

• Commercial
• Government
• Others (airports, personal)

4. Global Smart Parking Market by Technology used

• Image Sensor
• Radar Sensor
• Ultrasonic Sensor

5. Global Smart Parking Market by Technology Used

• License/Registration Plate Recognition
• Display Units
• Parking Sensors
• Steering Angle Sensors
• Electronic Control Units
• Others

Region Covered

• North America (the US and Canada)
• Europe (United Kingdom, Germany, France, Spain, and Italy)
• Asia-Pacific (China, India, South Korea, and Japan)
• Rest of the World (the Middle East & Africa and Latin America)

Company Profiled

• Abbott Laboratories, Inc.
• Valeo and Cisco
• Altix Innovations
• Steerline
• Nedap AVI
• Amco Corp.
• Delphi Automotive PLC
• Siemens AG
• Smart Parking, Ltd.
• 3M Co.
• Bayerische Motoren Werke AG
• TCS International, Inc.
• Robert Bosch GmbH
• Cubic Corp.
• T2 Systems
• Spot Innovation
• Integrapark
• Civic Smart
• Complus Data Innovations
• Parkhelp
• Passport Labs, Inc.
• Parkme, Inc.
• Xerox Corp.
• Cl Technologies Ltd.
• Parkopedia, Inc.
• Data Ticket, Inc.

About Orion Market Research

Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides quality syndicated research reports, customized research reports, company profiling, consulting and other research-based services. OMR provides global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provides a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations, and detailed company profiles.

Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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