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A new market research report titled “United States Smart Parking Market Research, By System (Guided Park Assist System and Smart Park Assist System), By Component (Parking Sensors, Others), By Sensor Technology (Ultrasonic Sensor, Others), By Solution (Security & Surveillance, others), By Vertical (Government and Commercial), By Company and By Geography, Forecast & Opportunities, 2023“, has been added to the wide online database overseen by TechSci Research. The study talks about the prime market growth factors alongside future projections that would affect the United States Smart Parking Market amid the forecast period between 2018 and 2023. The concerned study is broken-down in various market factors including top players, demand & production stats, challenges, and opportunities with the end goal to edify the readers about the real scenario in the United States Smart Parking Market.

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United States Smart Parking Market is projected to grow at a double digit CAGR during the forecast period owing to growing urbanization, growing automotive industry, growing automotive sensors demand & market and growing investments in infrastructure in the country. Moreover, United States is the largest market of smart parking across the globe owing to presence of various technology companies, government regulations and financial support. Furthermore, due to the presence of heavy traffic in cities such as New York, Los Angeles, etc and growing higher level of awareness towards modern solutions for traffic control and parking further drives the growth of the smart parking market in United States. Based on sensor technology, the market has been categorised into Ultrasonic Sensor, Image Sensor and Radar Sensor.

In 2017, the Ultrasonic sensor market dominated the market and is expected to maintain its dominance over the next five years as well since these sensors are installed across the vehicle and guides rge vehicle in identification of the available parking spaces. Parking systems like SFpark program has already been installed in the country and has proved that the smart parking systems can bring a fruitful change in traffic and parking conditions across the country.

Some of the leading players in the United States Smart Parking Market are Continental AG, Robert Bosch GmbH, Delphi Automotive PLC, Aisin Seiki Co., Ltd, Valeo S.A., Siemens AG, Cubic Corporation, Xerox Corporations etc.

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Table of Content:

  1. Product Overview
  2. Research Methodology
  3. Executive Summary
  4. Voice of Customer

4.1.  Product Awareness

4.2.  Product Pricing

4.3.  Challenges & Unmet Needs

4.4.  Factors Influencing the Purchase Decision

  1. United States Smart Parking Market Overview 
  2. United States Smart Parking Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By System type (Guided Park Assist System and Smart Park Assist System)

6.2.2.     By Component (Parking Sensors, Steering Angle Sensors, Electronic Control Unit (ECU) and Display Unit)

6.2.3.     By Sensor Technology (Ultrasonic Sensor, Image Sensor and Radar Sensor)

6.2.4.     By Solution (Security & Surveillance, Valet Parking Management, License Plate Recognition and Parking Reservation Management)

6.2.5.     By Vertical (Government and Commercial)

6.2.6.     By Region

6.2.7.     By Company

6.3.  Market Attractiveness Index

  1. United States Parking Sensors Market Outlook

7.1.  Market Size & Forecast


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