Global Parking Locks Market Growth 2023-2029

Global Parking Locks Market Growth 2023-2029

Product Code:570875

Published Date: Jan 05,2022

Pages: 94

Region: Global

Category: Machinery & Equipment

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Parking lock is a device placed on the parking space to prevent the parking space from unauthorized occupying. They can be controlled by manual, remote control and application.

LPI (LP Information)' newest research report, the “Parking Locks Industry Forecast” looks at past sales and reviews total world Parking Locks sales in 2022, providing a comprehensive analysis by region and market sector of projected Parking Locks sales for 2023 through 2029. With Parking Locks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parking Locks industry.

This Insight Report provides a comprehensive analysis of the global Parking Locks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parking Locks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Parking Locks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parking Locks 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 Parking Locks.

The global Parking Locks market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Parking Locks is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Parking Locks is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Parking Locks is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Parking Locks players cover ZKTeco, Park Master, Designated Parking Corp., Parking System, Livfuture Automation & Security, Shenzhen Huangchi, Hangzhou Guzhi, Guangzhou KinouWell Technology and Wuhan Xilite Commercial Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Parking Locks market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Remote Parking Lock
    Manual Parking Lock

Segmentation by application
    Commercial Use
    Private Use

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.
    ZKTeco
    Park Master
    Designated Parking Corp.
    Parking System
    Livfuture Automation & Security
    Shenzhen Huangchi
    Hangzhou Guzhi
    Guangzhou KinouWell Technology
    Wuhan Xilite Commercial Technologies

Key Questions Addressed in this Report
What is the 10-year outlook for the global Parking Locks market?
What factors are driving Parking Locks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parking Locks market opportunities vary by end market size?
How does Parking Locks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?