Global automated parking systems market 2017-2021 by end-user - increase in automobile sales - researchandmarkets.com

Dublin--(business wire)--the "global automated parking systems market 2017-2021" report has been added to researchandmarkets.com's offering. global automated parking systems market to grow at a cagr of 11.42% during the period 2017-2021. one driver in the market is increase in automobile sales. passenger car sales have been increasing at a tremendous rate over the years, owing to high disposable incomes and rising consumer aspirations. this has, in turn, led to an increase in demand for infrastructure to park these vehicles. one trend in the market is trends in smart parking. the future of the parking industry will primarily be driven by the adoption of smart parking solutions. the deployment of advanced sensor technologies, and innovations in wireless communications, data analytics, induction loops, and smart parking meters will be major developments contributing to the growth of the market. one challenge in the market is regulatory requirements for operations of automated parking systems. for instance, in europe, automated parking systems are governed by the machinery directive 2006/42/ec, and their basic technical requirements are specified in the european standard en 14010. vendors are expected to comply with these regulations to ensure that the parking systems are optimized. the report has been prepared based on an in-depth market analysis with inputs from industry experts. the report covers the market landscape and its growth prospects over the coming years. the report also includes a discussion of the key vendors operating in this market. key vendors citylift parking klaus multiparking robotic parking systems skyline parking unitronics other prominent vendors 5by2 automotion parking systems dayang parking dongyang menics eito&global fata automation ihi katopark nissei build industries parkmatic parkplus qingdao bortome simmatec sotefin tada the automated parking solution westfalia parking solutions whr key topics covered: part 01: executive summary part 02: scope of the report part 03: research methodology part 04: market landscape part 05: market sizing part 06: market segmentation by end-user part 07: regional landscape part 08: decision framework part 09: drivers and challenges part 10: market trends part 11: vendor landscape part 12: vendor analysis for more information about this report visit https://www.researchandmarkets.com/research/ljrjs6/global_automated?w=4
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