Global Parking Access Control Market Forecast to 2030 - COVID-19 Impact and Analysis by Product Type (Swing & Sliding Gates, Garage Doors, Industrial Doors, Pay Stations, Validators and Encoding Stations, Sensors, Cameras, Display Boards and Others); Solution (Gate Door and Barrier Automation, License Plate Recognition, Loop Detection System, Monitoring and Surveillance and Payment Solutions, and Others); Technology (Magnetic or Barcode Ticket Technology, RFID Technology, Bluetooth, Wi-Fi and Others); Vertical (Airports, Government and Municipalities, Shopping Malls, Hospitals, Universities, Hotels, Stadium, Industries, and Others); and Geography
Global Parking Access Control Market
Parking Access Control equipment are used to permit access to parking lots and generate revenues. The rise in demand for an automated solutions in commercial spaces is likely to drive the market. The several benefits offered by the parking access control, including improved control, revenue generation, and data collection, drives the growth of the parking access control market. Additionally, the rising development in sensor technologies and supporting infrastructure development for automated and connected solutions will offer new opportunities for the parking access control market.
In 2019, LocoMobi World Inc. introduced CondoPark-Lite, which is a web-based vehicle access and parking management software system for visitors and tenants of residential and as well as commercial buildings, along with gated communities.
Global Parking Access Control Market Overview
The global parking access control market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The Parking access control market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global Parking access control market over the long as well as short period of time. Furthermore, the global Parking access control market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porters five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.
Global Parking Access Control Market Insights
The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global Parking access control market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.
Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the parking access control market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.
COVID-19 Impact on Global Parking Access Control Market
The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global Parking access control market.
With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to the COVID-19 pandemic
Global Parking Access Control Market Segmentation
Global Parking Access Control Market
by Product Type
· Swing & Sliding Gates
· Garage Doors
· Industrial Doors
· Pay Stations
· Validators and Encoding Stations
· Sensors, Cameras
· Display Boards
Global Parking Access Control Market by Solution
· Gate Door and Barrier Automation
· License Plate Recognition
· Loop Detection System
· Monitoring and Surveillance and Payment Solutions
Global Parking Access Control Market by Technology
· Magnetic or Barcode Ticket Technology
· RFID Technology
Global Parking Access Control Market by Vertical
· Airports, Government and Municipalities
· Shopping Malls
Global Parking Access Control Market by Geography
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
o Latin America
o Middle East
1. ACTi Corporation
2. Amano Corporation
3. Cass Parking
4. Conduent Inc
6. Electro Automation
7. FAAC SPA Soc
8. HUB Parking Technology
9. Nortech Access Control Ltd
10. Security & Parking Systems, Inc
13. TIBA PARKING SYSTEMS
14. VersionX Innovations Pvt. Ltd
15. ZKTECO CO., LTD
Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the Parking access control market.
Key Questions Answered
· Which region provides more business opportunities for the global Parking access control market in the upcoming years?
· Who is the leading overall Parking access control market, and what strategies have been adopted by them?
· Which segment accounted for the largest Parking access control market share?
· What are the upcoming trends in the global Parking access control market? What impact would these trends make in the coming years for the Parking access control market?
· Which player offering the best product range for the global Parking access control market?
Key Benefits for Stakeholders
· This study presents the analytical description of the Parking access control market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete Parking access control market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, opportunities, and trends of the global Parking access control market with thorough impact analysis
· The global Parking access control market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the global Parking access control markets
· Porters five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global Parking access control market
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