Research & Markets has come out with a forecast for the global smart parking market between 2024 and 2030 predicting growth at CAGR of 14.7%. This includes robotic parking systems, driverless parking technology and growing penetration of IoT-based solutions for fully automated parking systems. The Smart Parking Market grew from USD 10.79 billion in 2023 to USD 12.42 billion in ...
Tag Archives: Smart parking
Area wise Parking Management for Sustainable Mobility
With an increase in vehicular registration and increasing parking demand, cities are facing the challenge to bridge the gap between the demand and the supply. This article by Prachi Merchant, Sr. Planner associated with the proposed Mumbai Parking Authority at the Brihanmumbai Municipal Corporation, looks into the issue of parking, various experiments and options adopted to tackle the complex problems ...
ValetEZ Smart Parking Solutions for the Future Making parking easy, efficient and eco friendly
ValetEZ is a leading provider of smart parking and EV charging solutions that aim to improve the parking experience and reduce the environmental impact of urban mobility. With its innovative technology and customer-centric approach, ValetEZ offers a range of products and services that cater to the needs of parking owners, operators, and users. The smart parking solutions include: Parking automation: ...
“With NIP in place, we expect speedy project awarding”
In an interview, Satish Parakh, Managing Director, Ashoka Buildcon speaks about government’s recent thrust on speeding infrastructure projects, company’s approach on road safety and smart highways vertical What are the opportunities ABL is eyeing being a Master System Integrator? ABL started thinking of Smart Highways vertical three years back with a vision of overall social development by leveraging the power ...
GHMC to frame policy for multi-level smart parking
The Greater Hyderabad Municipal Corporation is all set to frame a policy and guidelines for multi-level a smart car parking, particularly on vacant land. According to GHMC, the envisaged model would not necessary based on revenue, but would ensure required facilities and safety of vehicles provided at parking lots. Through this policy, interested landowners would sign an agreement with global ...
New app to locate parking space
In order to solve the parking worries, the Brihanmumbai Municipal Corporation has come up with ‘MCGM 24×7’ app. The app will help find a public parking lot (PPL) anywhere in the city. The app is a joint initiative of the BMC and the Mumbai Parking Authority. Till now, there are 26 PPLs in the city with a capacity for more ...
Standardised Common Service Layer in IoT Applications
The debate regarding IoT and ITS have been going on for ages. IoT and ITS have largely evolved as two separate streams within both standards and industry initiatives. Today, as most of the cars have sensors, microcomputers and communication devices fitted into them, IoT has become deeply rooted in ITS – in particular cooperative and connected automated mobility – to give ...
How Smart Parking Will Lead to Smarter Cities
The cities of the future will need an efficient system for disbursing information related to parking lot capacity and spot availability, quickly redirecting motorists to available spaces, writes Rasik Pansare, CO- Founder & CMO, Get My Parking In recent years, there has been an increased global thrust on building ‘cities of the future’ or Smart Cities. These are smart in ...
Smart Parking Management System
‘HawkEye Parking’ mobile app is a commercial application to solve the parking woes not only for Indian market but also for other developed markets as the US, the UK & UAE. The app is launched by Mumbai based JAAN Innovations Pvt Ltd, a company started by four college friends who came together after 25+ years of successful career in their ...
Management of Surface Parking
Policy Alagappan: Enforcement of parking regulations should be approached not only from the authority perspective or from the police perspective but also from the system itself. For example, there might be a very good multilevel car park but again within the authority or within the systems, there is no proper coordination happening. Within 100 metres, I am creating an on-street surface ...