Asia Pacific Smart Parking Market 2021-2031, Size, Share, Demand, Growth, Revenue, Industry analysis, Future Outlook, and Forecast: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now A smart parking system (SPS) improves parking spaces through automated admittance control systems, parking guidance systems (PGS), parking reserving barriers and ticketing systems. It uses the mechanical arrangements to transport cars from one parking space to another and eradicate the wasted space in a multistorey or single-story garage. It utilizes the vehicle counting equipment, video cameras, automatic number plate recognition readers (ANPR) and pavement sensors to regulate the occupancy of a parking lot and convey the data to the control centre in real time. It aims to help in the smooth flow of traffic in congested areas and deliver a systematic parking operation. According to report analysis, ‘Asia Pacific Smart Parking Market 2020-2030 by Component (Hardware, Software, Service), System (Guided, Smart), Parking Type (Off-street, On-street), Solution, Technology (Ultrasonic, Image, Radar, RFID, IoT), Vehicle Type, End User (Commercial, Government, Residential), and Country: Trend Forecast and Growth Opportunity’ states that Amano McGann, Inc., BMW AG (ParkNow GmbH, Parkmobile LLC), CivicSmart, Inc., Continental AG, Dongyang Menics Co., Ltd., IEM SA, IPS Group Inc., Klaus Multiparking Systems, ParkMe Inc., Robert Bosch GmbH, Siemens AG, Smart Parking Limited, Swarco AG, TKH Group-Park Assist., Urbiotica, S.L. and many more are the foremost companies which recently working in the Asia Pacific smart parking market more actively for registering the great value of market share, obtaining the competitive edge, leading the highest market growth and generating the highest percentage of revenue. The effective growth in a number of vehicles leading to concerns regarding parking solutions is the foremost driving aspect for the growth of the smart parking market. Growing requirement and implementation of IoT applied technology is also a propelling factor for the smart parking market. The growth in investment in building driverless vehicles and an augment in the government’s initiative in building smart cities around the region is also an opportunity for the growth of the smart parking market. However, the high cost of implementing and subsequent growth in cost of the vehicles is a challenge for the smart parking market. However, shortage of awareness concerning the benefits of smart parking is the major restraint for the growth of smart parking market during the forecast duration. Get a Free Sample Report @ https://kenresearch.com/sample-report.php?Frmdetails=NTE1MTI5 Asia-Pacific will observe its growth rate due to growing number of municipalities in emerging economies, such as China and India. The augmenting the vehicle production and growing concerns concerning the augmenting the prevalence of car theft. The growth in number of population results in problems associated with residential parking as well as commercial. The issue linked to this is solved by optimizing the improved features such as notification of obtainable free space by SMS & live updates of space reservation utilizing the smart parking technology. This technology reductions the amount of time spends by the user for finding out the vacant parking slot and automate the progression of searching the optimal parking floor and spot. Therefore, it produces a huge ultimatum for the smart parking market. For More Information, refer to below link: – Asia Pacific Smart Parking Market Future Outlook Related Report: North America Smart Parking Market 2020-2030 by Component (Hardware, Software, Service), System (Guided, Smart), Parking Type (Off-street, On-street), Solution, Technology (Ultrasonic, Image, Radar, RFID, IoT), Vehicle Type, End User (Commercial, Government, Residential), and Country: Trend Forecast and Growth Opportunity Follow Us – LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 3 Tags: Afganistan Smart Parking Market, Armenia Smart Parking Market, Asia Pacific an parking association, Asia Pacific Smart Parking Engineering Service, Asia Pacific Smart Parking Industry, Asia Pacific Smart Parking Market, Asia Pacific Smart Parking Market 2021-2030, Asia Pacific Smart Parking Market Analysis, Asia Pacific Smart Parking Market Analysis 2021 to 2030, Asia Pacific Smart Parking Market Competition, Asia Pacific Smart Parking Market Demand, Asia Pacific Smart Parking Market Forecast, Asia Pacific Smart Parking Market Forecast 2021–2030, Asia Pacific Smart Parking Market Future Outlook, Asia Pacific Smart Parking Market Growth, Asia Pacific Smart Parking Market Growth Rate, Asia Pacific Smart Parking Market Investment Opportunity Analysis, Asia Pacific Smart Parking Market Key Segments, Asia Pacific Smart Parking Market Major Growth Drivers, Asia Pacific Smart Parking Market Major Players, Asia Pacific Smart Parking Market Overview, Asia Pacific Smart Parking Market Research Report, Asia Pacific Smart Parking Market Restraints and Challenges. 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