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Last Updated: Apr 26, 2025 | Study Period: 2023-2030
In conjunction with the sensors, cameras for smart parking are tools for determining the parking lot status (free/occupied). Smart Parking Systems' monitoring system with cameras can make use of a variety of gadgets, ranging in price from the most affordable to the priciest and most advanced.
The decision is advised taking into account the potential placement and the required management of parking spaces. The camera must be set up in the highest position that is feasible, with measurement parameters dependent on the kind of region that needs to be analysed.
The Global Automotive Smart Parking camera market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The analysis provides tactical understandings of the developments and trends influencing the smart parking sector. IoT, 5G, and blockchain are examples of digital technologies that have made it easier for customers to find parking spaces on their mobile devices and in-car entertainment systems.
Ground sensors, RFID, and image processing have helped to streamline and reduce the labour-intensive parking monitoring procedure. The publisher offers insights into the approaches taken by various smart parking system kinds as well as how they operate. In order to highlight technological developments, the research team conducted case studies on market players.
The study also discusses the benefits of various smart parking systems and how parking operators will profit by installing efficient smart systems in their lots.
Describe the development of smart parking and describe the various companies' strategies. Give an explanation of the image processing, ground sensors, and RFID systems utilised in smart parking systems for efficient monitoring.
A discussion of the many value-added services parking operators might use to boost profits (such as EV charging stations, demand-based vehicle cleaning, vehicle service, and valet parking) is required. Draw attention to the installation of automated parking systems and the associated financial costs.
Examine the possibility of building a smart city in partnership with smart parking service providers and digitising parking ticket enforcement.Providers of hardware and software for smart parking systems are profiled, along with their best practises.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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