The Market Reports

Synopsis
The global market for Smart Parking Barrier was estimated to be worth US$ 57.90 million in 2024 and is forecast to a readjusted size of US$ 102 million by 2031 with a CAGR of 8.5% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Smart Parking Barrier cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

In 2024, global production of smart parking barriers will reach 770,000 units, with an average selling price of US$75 per unit.

A smart parking barrier is innovative parking protection tool designed to ensure the protection and reservation of user parking spot from unauthorized access. With a simple command, the system can be raised or lowered, providing quick and secure access. Users can control it remotely by remote control or by utilizing cell phone software. The smart barrier will automatically close once user depart, ensuring that others cannot take user's spot. Additionally, it features an integrated alarm system that alerts in case of unauthorized lowering attempts, thus enhancing the security of the parking space.

The Smart Parking Barrier Market is witnessing significant growth, driven by increasing urbanization and the need for efficient parking management solutions. Major sales regions include North America, Europe, and Asia Pacific, where urban centers are experiencing rapid expansion. Market concentration is high, with key players dominating the industry, offering advanced technologies such as RFID, IoT, and AI for smart parking systems. Opportunities lie in the integration of smart parking barriers with mobile apps for seamless user experience and in the development of eco-friendly solutions. Challenges include high initial investment costs and interoperability issues between different parking systems, which require standardization for broader adoption and scalability. Despite challenges, the market is poised for continued growth, fueled by advancements in technology and the growing demand for smarter urban infrastructure.

This report aims to provide a comprehensive presentation of the global market for Smart Parking Barrier, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Smart Parking Barrier by region & country, by Type, and by Application.

The Smart Parking Barrier market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Parking Barrier.

Market Segmentation
By Company

• Came
• Parklio
• Jieshun
• Omni
• ZKTeco
• Diffusion-Urbaine Ottopark
• Thats My Spot
• Shenzhen WEJOIN Mechanical & Electrical
• LetsParky
• Mottez
• Optima
• Angel Mir
• Pilomat
• Green Mobility Solutions
• Chengdu Ruisijie Intelligent Technology
• Berner
• Wiicontrol

Segment by Type

• Remote Control
• Mobile Phone Control
• Multi-Control Systems

Segment by Application

• Residential Parking Lots
• Commercial Parking Lots
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.