Parking Access Control equipment such as swing & sliding gates, garage doors, industrial doors, pay stations, validators and encoding stations, sensors, cameras, and display boards are used to permit access to parking lots and generate revenues. 

Market Dynamics:

RFID readers, RFID labels, computers, barriers, and software are the main product types of RFID technology. This technology is used to monitor and control various reports and operations of the parking system. The main purpose of RFID technology for parking system is to reduce the workload and maintain record of the vehicles by enabling simpler solutions to the problems encountered in the parking lots. Further, the rising number of smart city projects and urbanization supports by various countries government bodies is increasing the demand of urabn parking facility system. For instance, In May, 2021, the National Development and Reform Commission of the PRC issued the "Opinions on Promoting the Development of Urban Parking Facilities", which stated that by 2025, large, medium and small cities across the country will have basically built urban parking systems, with dedicated parking facilities, off-street public parking facilities and on-street parking spaces.

Key features of the study:

• This report provides in-depth analysis of the Parking Access Control Market and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global agricultural tractor market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Access, Security & Parking Systems, Inc., ACTi Corporation, Amano Corporation, Cass Parking, Conduent Inc., DESIGNA, Electro Automation, FAAC SPA Soc, HUB Parking Technology, Nortech Access Control Ltd. Skidata, Swarco, Tiba Parking Systems, Versionx Innovations Pvt. Ltd And Zkteco Co., Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global Parking Access Control Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global agricultural tractor market

Detailed 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
  • Others.
• Global Parking Access Control Market, By Solution:
  • Gate Door and Barrier Automation
  • License Plate Recognition
  • Loop Detection System
  • Monitoring and Surveillance
  • Payment Solutions
  • Others.
• Global Parking Access Control Market, By Technology
  • Magnetic or Barcode Ticket Technology
  • RFID Technology
  • Bluetooth
  • Wi-Fi
  • Others
• Global Parking Access Control Market, By Vertical
  • Airports
  • Government and Municipalities
  • Shopping Malls
  • Hospitals
  • Universities
  • Hotels
  • Stadium
  •  Industries
  • Others
• Global Parking Access Control Market, By Geography
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Africa
• Company Profiles
  • Access,*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Security & Parking Systems, Inc.
  • ACTi Corporation
  • Amano Corporation
  • Cass Parking
  • Conduent Inc.
  • DESIGNA
  • Electro Automation
  • FAAC SPA Soc
  • HUB Parking Technology
  • Nortech Access Control Ltd
  • SKIDATA
  • SWARCO
  • TIBA PARKING SYSTEMS
  • VersionX Innovations Pvt. Ltd
  • ZKTECO CO., LTD

**All the pointers will also be provided for the rest of the companies.

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