Auto Industry News
Auto Bailout News
Auto Magazines
Auto Show News
Car Dealers News
|
Home | Automotive News | Submit Press Release |
(I-AutoNewsWire.com, May 12, 2016 ) The global smart parking systems market was valued at US$ 70.34 Mn in 2015 and is estimated to reach US$ 430.38 Mn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth. Companies profiled in this research report are Amano McGann, Inc., Cisco Systems, Inc., Smart Parking Ltd., Urbiotica, SKIDATA AG, Nedap NV, Kapsch, Xerox Corp., Parkmobile, LLC, and SWARCO AG. Report Available at: http://www.reportsweb.com/smart-parking-systems-market-to-2025-global-analysis-and-forecasts-by-parking-site-component-method-and-end-user-industry . The global smart parking systems market can be segmented by parking site type into off-street parking and on-street parking. Further, the global smart parking systems market can be classified by end user industry, namely, transport facilities (such as airports, railways, bus stands, etc.), government & municipalities, commercial institutions and corporate institutions. Parking systems classifications can be based on the components into hardware, software and services. The growing demand for parking spaces and ever-increasing number of vehicles are key market drivers bolstering the smart parking systems market globally. Once installed, the smart parking system benefits in reducing emissions from automobiles in cities by avoiding the needless circling of city blocks in the hunt of parking. It also resourcefully manages the availability of parking space and controls illegal parking. Installing smart parking systems needs information gathering and administration, integration with cell phones, and numerous hardware and software innovations. The main purpose of the car parking system are to fabricate a cost-effective model and develop a fully automated control system to alert illegally parked vehicles. Purchase this Report at: http://www.reportsweb.com/buy&RW000126222/buy/3900 . (Priced at US$ 3900 for Single User License) Smart parking systems are expected to make cities friendlier to residents, by easing the process of hassle-free parking. One of the foremost restraint in this market is the interference of electromagnetic field, which leads to reduced precision of vehicle detection. The errors in these sensors further creates difficulty in spontaneous allocation of parking tickets. On the other hand, the increasing merger of other automotive facilities, such as maintenance and gas filling stations, into clever parking premises is a chief trend shaping the course of the global smart parking systems market. Contrariwise, the lack of funds and public awareness in developing countries will confine the market in developing regions such as South America (SAM) and Asia Pacific (APAC). In maximum parking spaces in the U.S., older parking meters are substituted with smart parking meters, as smart meters are more dependable than the earlier meters. In the situation of any repairing problem, smart meters automatically convey parking contractors to resolve the problem. The increased number of new cars on road worldwide, with major boom from developing economies such as APAC, is expected to increase opportunities for smart parking systems market globally. The upcoming and present smart city projects globally are further expected to generate room for the smart parking systems market. Inquire for Discount on this Report at: http://www.reportsweb.com/inquiry&RW000126222/discount . Key Points from Table of Contents: 8 Global Smart Parking Systems Market Analysis – Parking Site 8.1 Overview 8.2 Off-Street Parking 8.3 On-Street Parking 9 Global Smart Parking Systems Market Analysis – Components 9.1 Overview 9.2 Hardware 9.3 Software 9.4 Services 10 Global Smart Parking Systems Market Analysis – End-user Industry 10.1 Overview 10.2 Transport Facilities 10.3 Government & Municipalities 10.4 Commercial Institutions 10.5 Corporate Institutions Inquire for Sample at: http://www.reportsweb.com/inquiry&RW000126222/sample . About ReportsWeb: ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. Phone: +1-646-491-9876
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
|