According to a market report by Lucintel, the future of the global smart parking barrier market looks promising with opportunities in the residential parking lot and commercial parking lot markets. The global smart parking barrier market is expected to grow with a CAGR of 8.5% from 2025 to 2031. The major drivers for this market are the increasing demand for automated parking solutions, the rising need for urban mobility management, and the growing adoption of smart city technologies.A more than 150-page report to understand trends, opportunity and forecast in smart parking barrier market to 2031 by type (remote control, mobile phone control, and multi-control systems), application (residential parking lots, commercial parking lots, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, mobile phone control is expected to witness the highest growth over the forecast period.
Within the application category, commercial parking lot is expected to witness higher growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Came, Parklio, Jieshun, Omni, ZKTeco, Diffusion-Urbaine Ottopark, Thats My Spot, Shenzhen WEJOIN Mechanical & Electrical, LetsParky, Mottez are the major suppliers in the smart parking barrier market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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