The autonomous parking market is estimated to surpass USD 3,270.6 million in 2023 and is predicted to thrive with a CAGR of 14.6% from 2023 to 2033. The market is likely to reach USD 12,815.5 million by 2033.
Increasing complexity in parallel parking needs advanced technologies to overcome various difficulties which are likely to increase the demand for autonomous parking. This technique is used for self-parking vehicles, as most automotive and telemetric vendors have adopted this technology to resolve parking issues.
However, while the demand for the citizen’s mobility experience is likely to decline - the increasing scarcity of the availability of free space is estimated to significantly challenge the parking capacity in metropolitan cities. This is further expected to obstruct global market growth. Therefore, in various premises including residential, commercial, and industrial areas the adoption of autonomous parking has risen all around the region in recent years.
| Attributes | Details |
|---|---|
| Autonomous Parking Market Share (2022) | USD 2,894.3 million |
| Autonomous Parking Market Share (2023) | USD 3,270.6 million |
| Autonomous Parking Market Share (2033) | USD 12,815.5 million |
| Autonomous Parking Market Share (2023 to 2033) | 14.6% |
Autonomous parking is the next evolution of self-parking which saves space as well as money. These factors are likely to boost the autonomous parking market share. The adoption of autonomous parking eliminates the need for manual parking, reduces the complexity of parking, and minimizes the environmental impact.
Customers have recently started buying cutting-edge vehicles with autonomous systems that need minimal driver involvement. Due to this issue, there is a higher need for autonomous parking options, which encourages automakers to incorporate self-parking capabilities into their products.
Advance & Efficient Functioning
A reduction in human efforts with more efficient and advanced functioning is anticipated to increase the demand for autonomous parking during the forecast period. Its development stage has caught the attention of many companies and researchers are likely to invest more time in bringing new technologies to the market.
Enhanced Lifestyles
Widespread use of cars in urban areas, owing to the growing population, has triggered concerns regarding parking infrastructure. This has necessitated the advancement of the existing infrastructure in these areas.
Moreover, there has been a significant increase in the per capita income, along with an improvement in the lifestyles of consumers from various developing regions. This has accelerated the demand for personal mobility, and increased automobile sales in metropolitan cities. The autonomous parking market, hence, is likely to boost owing to these attributes.
Safe & Convenient
Due to its safety and convenience features the autonomous parking market share is likely to increase during the forecast period. Autonomous parking avoids unwanted accidents and serious injuries such as whiplash and concussions. These are the major factors that are anticipated to propel the autonomous parking market growth in recent years.
A key strategy that has influenced the evolution of urban areas is the creation of smart cities throughout the world. The implementation of IoT-based technology is the consequence of this endeavor, which aims to facilitate the enhancement of characteristics like mobility and transportation.
Thus, the implementation of smart city initiatives by governments across the globe is creating lucrative business opportunities for manufacturers involved in smart parking solutions, therefore assisting the expanded demand for autonomous parking.
The autonomous parking market is segmented into various regions including North America, Europe, Latin America, Asia Pacific & the Middle East, and Africa. North America is likely to dominate the autonomous parking market by acquiring 36.6% of the share during the forecast period. In 2022, North America captured 34.6% of global market shares in 2022.
| Factors | Increasing Demand |
|---|---|
| Details | Rising vehicle numbers and increased traffic in North America are expected to increase the autonomous parking market share due to rising demand in the automotive industry. |
| Factors | Digital Technology |
|---|---|
| Details | Growing innovative mobility and digital technology are likely to increase the adoption of autonomous parking in the region. |
Europe held the second position in the autonomous parking market share by acquiring 23.7% of the global market shares in 2022.
| Attributes | Details |
|---|---|
| Rising Imports and Exports | The autonomous market is rapidly growing in Europe due to the increasing import and export of goods in the region. |
| Attributes | Details |
|---|---|
| Advance Technology | The end-users quick adoption of cutting-edge technology probably increases the market potential for autonomous parking in this region. |
The autonomous parking start-up market is pushing its direction toward innovative ideas to come up with unique products that capture consumers' attention. Start-up companies are focusing on day-to-day research and experiments to achieve their goals in recent years.
Discover Top 2 Start-ups in the Autonomous Parking Market
Wisesight:
Wisesight is an Israeli-based start-up company that manages autonomous parking with smart technology. The company provides parking solutions that include congestion gauge, revenue potential, and vacancies among others. The system has a reminder and it specifies the real-time payment position.
Yazamtec:
Yazamtec is a Dutch-based start-up company that provides autonomous parking optimization. The company developed communicator sensors that give real-time data and determine vehicles in parking areas.
The start-up company uses matrix blockchain techniques to monitor and operate the parking spaces. It also uses AI technology to manage autonomous parking in different areas.
The autonomous parking market is fragmented by the key players and manufacturers present all around the region, during the forecast period. They are developing devices that are easy to use while parking any vehicle. The key players are focusing on using various innovative technologies that fix consumers' needs.
Recent Developments in the Autonomous Parking Market
Major Global Autonomous Parking Players are
Volkswagen AG
With its headquarters in Wolfsburg, Germany- The Volkswagen Group is one of the world's leading manufacturers of automobiles and commercial vehicles.
Toyota Motor Corporation
They are a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan, founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year.
Ford Motor Company
They are an American multinational automobile manufacturer headquartered in Dearborn, Michigan, the United States - founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and luxury cars under its Lincoln luxury brand.
AB Volvo
They are a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution, and sale of trucks, buses, and construction equipment, Volvo also supplies marine and industrial drive systems and financial services.
BMW AG
They are a German multinational manufacturer of luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The corporation was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 until 1918 and again from 1933 to 1945.
Other Key Players in the Global Market:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Million for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Germany, United Kingdom, Nordic, Russia, BENELUX, Poland, France, Spain, Italy, Czech Republic, Hungary, Rest of EMEAI, Brazil, Peru, Argentina, Mexico, South Africa, Northern Africa, GCC Countries, China, Japan, South Korea, India, ASEAN, Thailand, Malaysia, Indonesia, Australia, New Zealand, Others |
| Key Segments Covered | Type, Deployment, Vertical, Region |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Western Europe Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 15: Western Europe Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 16: Western Europe Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Eastern Europe Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 19: Eastern Europe Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 20: Eastern Europe Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: East Asia Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 27: East Asia Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 28: East Asia Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Types, 2018 to 2033
Table 31: Middle East and Africa Market Value (US$ Million) Forecast by Deployment, 2018 to 2033
Table 32: Middle East and Africa Market Value (US$ Million) Forecast by Vertical , 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Types, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 17: Global Market Attractiveness by Types, 2023 to 2033
Figure 18: Global Market Attractiveness by Deployment, 2023 to 2033
Figure 19: Global Market Attractiveness by Vertical , 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Types, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 37: North America Market Attractiveness by Types, 2023 to 2033
Figure 38: North America Market Attractiveness by Deployment, 2023 to 2033
Figure 39: North America Market Attractiveness by Vertical , 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Types, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 57: Latin America Market Attractiveness by Types, 2023 to 2033
Figure 58: Latin America Market Attractiveness by Deployment, 2023 to 2033
Figure 59: Latin America Market Attractiveness by Vertical , 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Western Europe Market Value (US$ Million) by Types, 2023 to 2033
Figure 62: Western Europe Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 63: Western Europe Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 64: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Western Europe Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 71: Western Europe Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 72: Western Europe Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 74: Western Europe Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 75: Western Europe Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 77: Western Europe Market Attractiveness by Types, 2023 to 2033
Figure 78: Western Europe Market Attractiveness by Deployment, 2023 to 2033
Figure 79: Western Europe Market Attractiveness by Vertical , 2023 to 2033
Figure 80: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: Eastern Europe Market Value (US$ Million) by Types, 2023 to 2033
Figure 82: Eastern Europe Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 83: Eastern Europe Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 91: Eastern Europe Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 94: Eastern Europe Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 97: Eastern Europe Market Attractiveness by Types, 2023 to 2033
Figure 98: Eastern Europe Market Attractiveness by Deployment, 2023 to 2033
Figure 99: Eastern Europe Market Attractiveness by Vertical , 2023 to 2033
Figure 100: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 101: South Asia and Pacific Market Value (US$ Million) by Types, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 103: South Asia and Pacific Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 117: South Asia and Pacific Market Attractiveness by Types, 2023 to 2033
Figure 118: South Asia and Pacific Market Attractiveness by Deployment, 2023 to 2033
Figure 119: South Asia and Pacific Market Attractiveness by Vertical , 2023 to 2033
Figure 120: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: East Asia Market Value (US$ Million) by Types, 2023 to 2033
Figure 122: East Asia Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 123: East Asia Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 124: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: East Asia Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 129: East Asia Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 131: East Asia Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 134: East Asia Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 135: East Asia Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 137: East Asia Market Attractiveness by Types, 2023 to 2033
Figure 138: East Asia Market Attractiveness by Deployment, 2023 to 2033
Figure 139: East Asia Market Attractiveness by Vertical , 2023 to 2033
Figure 140: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 141: Middle East and Africa Market Value (US$ Million) by Types, 2023 to 2033
Figure 142: Middle East and Africa Market Value (US$ Million) by Deployment, 2023 to 2033
Figure 143: Middle East and Africa Market Value (US$ Million) by Vertical , 2023 to 2033
Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Types, 2018 to 2033
Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Types, 2023 to 2033
Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Types, 2023 to 2033
Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by Deployment, 2018 to 2033
Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by Deployment, 2023 to 2033
Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by Deployment, 2023 to 2033
Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by Vertical , 2018 to 2033
Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by Vertical , 2023 to 2033
Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by Vertical , 2023 to 2033
Figure 157: Middle East and Africa Market Attractiveness by Types, 2023 to 2033
Figure 158: Middle East and Africa Market Attractiveness by Deployment, 2023 to 2033
Figure 159: Middle East and Africa Market Attractiveness by Vertical , 2023 to 2033
Figure 160: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The growth potential of the market is 14.6% through 2033.
Europe acquired 23.7% of the global market shares in 2022.
Wisesight and Yazamtec are the key startup companies in the Market.
Tesla, Robert Bosch GmbH, and Skyline Parking AG are the prominent market players.
Advanced and efficient functioning drives sales.
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