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Showing posts with the label smart parking systems market price

Smart Parking Systems Market - Forecast(2022 - 2027)

Traffic congestion caused by vehicles is an alarming problem at global scale and it has been growing at a tremendous rate. Smart Parking System provides solutions to these problems by using advanced technologies. These systems provide real-time parking information to make it easier to find parking spaces. Smart Parking System thus reduces the car emission by curtailing the need for people to needlessly travel for finding parking spots. Sensor networks are used for providing the information regarding empty parking spaces. Smart Parking Systems are mainly used in multi-level parking lots in a commercial complex. They are also used for on-road/off-road parking. The report Smart Parking Systems Market is segregated into three verticals, namely: By Type of Products /Services, By Application, By Geography. On the basis of products, market is categorized into Automatic Guided Vehicle Systems (AGV), Puzzle Systems, Rail Guided Cart Systems (RGC), Shuttle Systems, Silo Systems, Tower Systems a...