Global RFID Parking Management System Market Growth (Status and Outlook) 2025-2031
Description
According to this study, the global RFID Parking Management System market size will reach US$ 1151 million by 2031.
The radio frequency identification (RFID) parking management system is an intelligent system that uses radio frequency identification technology to automatically manage the entry and exit and parking process of parking lots. The system automatically recognizes, records and manages the identity of vehicles by installing RFID tags on vehicles and setting up readers and writers at the entrance, exit and inside the parking lot, so that vehicles can pass quickly and billing operations can be completed without human intervention. The RFID parking management system improves the operational efficiency of parking lots, reduces waiting time in queues, and enhances security and user experience. In addition, it also supports data synchronization with the background system, which facilitates real-time monitoring and data analysis, and optimizes the allocation of parking resources.
The market for RFID parking management systems has been growing steadily in recent years due to several reasons. Firstly, there's a rising interest in smart city initiatives worldwide which focuses on developing intelligent traffic management solutions, reducing congestion, and improving mobility thereby driving the demand for RFID parking management systems. Secondly, governments and private organizations are increasingly adopting RFID technology to improve their operations and reduce costs associated with staffing and maintenance issues related to legacy systems. Thirdly, declining costs of RFID components along with improvements in performance capabilities have resulted in wider acceptance and proliferation of RFID solutions into new applications areas such as parking management.
LPI (LP Information)' newest research report, the “RFID Parking Management System Industry Forecast” looks at past sales and reviews total world RFID Parking Management System sales in 2024, providing a comprehensive analysis by region and market sector of projected RFID Parking Management System sales for 2025 through 2031. With RFID Parking Management System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world RFID Parking Management System industry.
This Insight Report provides a comprehensive analysis of the global RFID Parking Management System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on RFID Parking Management System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global RFID Parking Management System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for RFID Parking Management System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global RFID Parking Management System.
This report presents a comprehensive overview, market shares, and growth opportunities of RFID Parking Management System market by product type, application, key players and key regions and countries.
Segmentation by Type:
Remotely Parking Management System
Medium Range Parking Management System
Short Range Parking Management System
Segmentation by Application:
Enterprise and Institution
Residential
Hospital
Factory
Shopping Mall
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GAO Group
American Barcode and RFID
FRESH USA
Amano
IDRO Co,Ltd.
ZKTeco
Dashou Technology
Keytop
Carsafe
Foxconn
Hopeland Technologies
Netaid Technologies
Stallion Group
Daily RFID
Robato Systems
Please note: The report will take approximately 2 business days to prepare and deliver.
The radio frequency identification (RFID) parking management system is an intelligent system that uses radio frequency identification technology to automatically manage the entry and exit and parking process of parking lots. The system automatically recognizes, records and manages the identity of vehicles by installing RFID tags on vehicles and setting up readers and writers at the entrance, exit and inside the parking lot, so that vehicles can pass quickly and billing operations can be completed without human intervention. The RFID parking management system improves the operational efficiency of parking lots, reduces waiting time in queues, and enhances security and user experience. In addition, it also supports data synchronization with the background system, which facilitates real-time monitoring and data analysis, and optimizes the allocation of parking resources.
The market for RFID parking management systems has been growing steadily in recent years due to several reasons. Firstly, there's a rising interest in smart city initiatives worldwide which focuses on developing intelligent traffic management solutions, reducing congestion, and improving mobility thereby driving the demand for RFID parking management systems. Secondly, governments and private organizations are increasingly adopting RFID technology to improve their operations and reduce costs associated with staffing and maintenance issues related to legacy systems. Thirdly, declining costs of RFID components along with improvements in performance capabilities have resulted in wider acceptance and proliferation of RFID solutions into new applications areas such as parking management.
LPI (LP Information)' newest research report, the “RFID Parking Management System Industry Forecast” looks at past sales and reviews total world RFID Parking Management System sales in 2024, providing a comprehensive analysis by region and market sector of projected RFID Parking Management System sales for 2025 through 2031. With RFID Parking Management System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world RFID Parking Management System industry.
This Insight Report provides a comprehensive analysis of the global RFID Parking Management System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on RFID Parking Management System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global RFID Parking Management System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for RFID Parking Management System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global RFID Parking Management System.
This report presents a comprehensive overview, market shares, and growth opportunities of RFID Parking Management System market by product type, application, key players and key regions and countries.
Segmentation by Type:
Remotely Parking Management System
Medium Range Parking Management System
Short Range Parking Management System
Segmentation by Application:
Enterprise and Institution
Residential
Hospital
Factory
Shopping Mall
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GAO Group
American Barcode and RFID
FRESH USA
Amano
IDRO Co,Ltd.
ZKTeco
Dashou Technology
Keytop
Carsafe
Foxconn
Hopeland Technologies
Netaid Technologies
Stallion Group
Daily RFID
Robato Systems
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
116 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 RFID Parking Management System Market Size by Player
- 4 RFID Parking Management System by Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Global RFID Parking Management System Market Forecast
- 11 Key Players Analysis
- 12 Research Findings and Conclusion
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