Automated Parking Management Systems Market Share, Trends And Leading Players By 2026

The global automated parking management systems market is markedly fragmented as each regional market can have different players holding prominent positions, notes Transparency Market Research (TMR). For instance, Skyline Parking and CityLift are expected to emerge as leading players in Europe and Asia Pacific. In North America, the top players are Robotic Parking Systems, Inc. and CityLift who hold a combined share of upward of 32.0% in the regional market.

TMR finds that some of the other prominent players operating in the global automated parking management systems market are EITO&GLOBAL INC., Round Automated Parking System, Klaus Multiparking Systems Pvt. Ltd., Dayang Parking Co. Ltd, and Unitronics.

The global automatic parking management system market is projected to rise at a CAGR of over 13.00% from 2018 to 2026 and touch a valuation of US$4.5 billion by the end of 2026.

The various regional markets for automated parking management systems are the Middle East and Africa, North America, Latin America, Europe, and Asia Pacific. Of these, North America held the major share in 2017, vis-à-vis revenue, and is expected to retain its dominance throughout the assessment period.

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The various technologies deployed in automated parking management systems are sensor technology, mobile technology, and RFID. Among all the types, the demand for sensors is expected to rise at a substantial pace over the forecast period. The rapid strides made by industrialization in suburban areas is a notable factor catalyzing the burgeoning demand for automated parking systems.

Rising Need for Optimizing Parking Spaces propels Demand

The demand for automated parking management system emanates from the ever-rising need for more parking space for vehicles given the staggering rise in new registrations all over the world. The demand for technologies and systems for optimizing parking space is a key factor propelling the growth of the global market.

The exponential rise in number of vehicles in urbanized spaces of developing and developing nations is a key factor that has squeezed the available parking space. With the pressing need for minimizing the land usage, the problem has been confounded further, thus fueling the demand for automated parking management systems.

Numerous benefits of automated parking systems reinforce the attractive demand, key of which are doing away with driving lanes, ramps, optimizing the land usage, ensuring the minimal pedestrian traffic. Furthermore, since the hassles of parking that people face has been a prominent factor contributing to traffic congestions in urban spaces, the need for reducing them has been bolstering the demand for automated parking management systems.

Technological Advances in Automated Parking Systems open several Lucrative Avenues

The swift pace of urbanization in emerging economies and a large part of population moving to central business districts are notable factors catalyzing the demand for automated parking management systems. The demand is bolstered by the role of automated parking system in simplifying the administrative operations and in improving the surveillance and security of all types of vehicle in the parking arena. Moreover, advancements in anti-collision technologies are also boosting the market.

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The global automated parking management systems is likely to reap potentially lucrative gains from advances made in car parking management and monitoring technologies. This is evident especially in developed nations.

The market is garnering gains from the constant advances being made in automated parking systems. Rapid technological advances being made by sensors and neural networks are fueling the expansion of the market. The growing focus of governments, especially in several emerging economies, on smart city infrastructures is a notable factor fortifying the demand for automated parking management systems. The rise in number of financial districts in recent years, notably in Asia Pacific, has accentuated the overall market.

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Barge Transportation Market by Manufacturers, Regions, Type and Application, Forecast To 2026

Barge is flat surfaced vessel that is used to transport cargo through waterways. Barges are tugged or toed by naval vessels in the water bodies. Furthermore, barges are generally utilized in water bodies such as rivers, canals, and lakes; however barge transportation is now extensively used at sea ports. Barge is a popular means for transportation adopted by large industries in order to transport their cargo.

The barge transportation market is estimated to expand at a significant pace during the forecast period due to rising import and export among countries. Barge transportation was a highly popular way of transportation until the invention of steam engines and the introduction of railways. Railway transportation hampered the barge transportation market as it was faster way of transportation; however, transportation of cargo through waterways, between different nations, coupled with high carrying capacity of barges has boosted the barge transportation market in the last few decades. Rising industrialization, globally, is likely to boost the barge transportation market during the forecast period.

The global barge transportation market can be segmented based on fleet, product, application, and region. Based on fleet, the covered barge segment is anticipated to hold a major share of the market, as popularity of the covered barge has been consistently increasing. The tank barge segment is estimated to witness significant expansion during the forecast period due to the rise in transportation of petrochemicals by barge.

Based on the product to be transported, the dry cargo segment is likely to hold a major share of the market, as other than oil and gas industry, most products are dry product, which is attributable for the large market share held by the dry cargo segment. The dry cargo segment is anticipated to maintain its dominance during the forecast period; however, liquid and gas cargo segments are likely to expand at a significant pace during the forecast period.

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In terms of application, the barge transportation market is segmented on the basis of major industries. Among all the industries, crude oil and coal industry segment is anticipated to hold a notable share of the market. It is anticipated to maintain its dominant position in the market during the forecast period due to rising industrialization, which consumes the byproduct of crude oil and coal industry as their fuel. Barge transportation has been one of the most important mode for the transportation of agricultural products, thus the agricultural segment is likely to expand at a significant growth rate during the forecast period.

In terms of region, North America is a leading market for barge transportation, followed by Asia Pacific. Barge transportation in North America is rising consistently due to a well-established network of waterways in the region including the major rivers such as Mississippi, Illinois, and Ohio. Government in the region is supporting to raise the fund for the development of the waterway transportation, thus boosting the barge transportation market.

Key players operating in the global barge transportation market include Kirby Corporation, Ingram Marine Group, neska Container Line B.V., SEACOR, and Campbell Transportation Company, Inc. Most key players are focusing on mergers and acquisitions in order to expand their business.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Reach Stacker Market 2020 Global Share, Trend, Segmentation And Forecast To 2030

According to the report, the global reach stacker market is projected to surpass US$ 600 Mn by 2030, expanding at a CAGR of ~4% during the forecast period. Rapid expansion of logistics and warehouse industries across the globe are likely to significantly propel the reach stacker market across the globe. Rise in seaborne trade practices across the globe is likely to increase the demand for material handling equipment, which is projected to boost the reach stacker market across the globe.

Increase in import and export of goods and commodities through seaports due to different free-trade agreements, such as TPSEP, NAFTA, and AFTA that have helped various countries significantly strengthen their economies, is anticipated to boost the reach stacker market. Various other systems are also incorporated in vehicles to guide them and arrange containers properly at their designated place, which, in turn, is likely to also fuel the reach stacker market across the globe.

Expansion of Reach Stacker Market

Surge in trade volume owing to rising bilateral trade among countries is projected to boost the reach stacker market during the forecast period. China witnessed an increase in both general trade volume and proportion, escalating to 15.66 trillion Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN.

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Based on propulsion, the global reach stacker market has been segmented into internal combustion engine, electric, and hybrid. The internal combustion engine segment held a major market share of the global reach stacker market due to rise in the demand for heavy load lifting machines. Stringent rules and regulations for engine powered reach stackers are expected to propel the demand for electric reach stacker across the globe.

Based on application, the sea port/terminals segment accounted for a significant share of the global reach stacker market. Rise in investment toward upgrade of ports and maintenance of old facilities across the globe is likely to fuel the demand for reach stacker.

Regional Analysis of Reach Stacker Market

In terms of region, the global reach stacker market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific dominated the global reach stacker market in 2019. It is anticipated to hold a leading share during the forecast period, due to rise in transportation of goods and commodities across Asia Pacific. Followed by Asia Pacific, Europe also held a significant share of the global reach stacker market due to rapid expansion of logistics and warehouses industries across Europe, which witness a significant demand for reach stackers. Rise in the demand for electric and hybrid reach stackers due to enactment of stringent emission norms across Europe and Asia Pacific is anticipated to propel the reach stacker market in Asia Pacific and Europe.

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Key Players of Reach Stacker Market

Prominent players operating in the global reach stacker market include Cargotec Corporation, CVS Ferrari SpA, Dalian Forklift Co., Ltd., Hoist Material Handling, Inc., Hyster-Yale Group, Inc., Jay Equipment & Systems Pvt. Ltd., Konecranes, Liebherr Group, Linde Material Handling, Mitsubishi Forklift Trucks, SANY Group, Taylor Machine Works, Inc., Terex Corporation, Toyota Material Handling, and Anhui JAC International Co., Ltd, BOMAQ Industries SLU, Komatsu Ltd, and Task Forklift.

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Litter Vacuum Cleaner Market By Application And Geography Trends, Growth And Forecast To 2027

 

• Litter vacuum cleaners, also known as industrial vacuum cleaners, are machines used for general cleaning in industrial environments. Industrial vacuum cleaners are typically made from steel and other metals having high filtration capacity. Such vacuum cleaners are ideal for extracting fine, dry dust as well as coarse materials such as shavings, scraps, and granules.
• Apart from industrial cleaning, litter vacuum cleaners are also used for commercial purposes, for example, leaf cleanup, cleaning and maintenance of commercial lots, parks, city streets, and highways.

Key Drivers of the Global Litter Vacuum Cleaner Market

• An increase in awareness about safety and hygiene at workplaces is fueling the demand for litter (industrial) vacuums worldwide. Various industries have their own set of challenges, especially the fine and dry dust particles that significantly impact an employee’s health. Thus, vacuum cleaners having strong suction capacity are preferred for industrial usage. The Occupational Safety & Health Administration (OSHA) under the United States Department of Labor has clearly underlined the standards required to be maintained for treating combustible dust. Hence, industrial vacuum manufacturers offer their product portfolio keeping in mind the OSHA standards.

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High Machinery Cost and Heavy Structure to Hamper the Market

• High machinery cost associated with the litter vacuum machines is one of the key retraining factors of the litter vacuum cleaner market. Affordability of such machines in various emerging countries is expected to negatively impact the growth of the litter vacuum cleaner market. Additionally, huge size of vacuum cleaners sometimes hinders the growth of the market as such structures often require frequent maintenance. All these factors hamper the growth of the litter vacuum market.

Merger & Acquisitions of Key Global Players to Offer Attractive Opportunities for Growth of the Litter Vacuum Cleaner Market

• Mergers & acquisitions of key global players in emerging economies are anticipated to offer key business opportunities for the growth of the litter vacuum cleaner market. Merger & acquisition are also likely to help in increasing the geographical presence, thereby resulting in overall growth of the litter vacuum cleaner market.

Asia Pacific Offers Growth Avenues for the Global Litter Vacuum Cleaner Market

• Geographically, the global litter vacuum cleaner market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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• Countries in North America and Europe boast some of the key companies specialized in litter vacuum cleaner machines. This is due to the adherence of strong standards and regulations for health and hygiene at industrial workplace.
• Countries in Asia Pacific, on the other hand, comprise of some of the emerging economies. Countries such as China, India, and Japan are some of the prominent manufacturers of litter vacuum cleaners in the region.
• Other regions such as South America and Middle East & Africa have strong potential growth for the litter vacuum cleaner market.

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Door Stopper Market Research 2020: Regional Analysis Of Top Players In Market By Its Types And Application

 

• Door stopper is a device which holds a door while it is closed or opened. This product also prevents the door from opening too widely.
• Door stopper is also known as door stop or door wedge.

Key Drivers of the Global Door Stopper Market

• Attractive appearance and ease of use contributes positively to the growth of the global door stopper market. Consumers purchase door stoppers majorly for residential applications.
• Rising consumer demand for convenient home décor products which helps to decrease chances of wall damage is driving the growth of the door stopper market.
• Key companies are working toward launching innovative products made of strong magnetic materials. Companies are designing door stoppers with attractive looks and different sizes to increase their revenue.
• Based on product type, the magnetic door stopper segment accounted for dominant market share at the global level as a result of its features.

Rising Construction Repair Cost to Create New Market Opportunities

• Growing construction repair cost is expected to have a positive impact on this market. Door stoppers prevent the walls from getting damaged. This feature is expected to create new avenues of market growth.

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Rise in Raw Material Cost to Hamper the Market

• Overall cost of raw material including steel, and other material is rising at the global level. Increase in raw material cost is likely to significantly impact small and medium players. This factor is expected to restrain the door stopper market in the next few years.

Asia Pacific Expected to Experience Higher Growth in the Global Door Stopper Market

• Asia Pacific is the fastest growing door stopper market as a result of increasing urban residential construction in developing countries such as India, China, and Sri Lanka. Increase in disposable income among the middle class population coupled with growing consumer spending on home décor products propels the growth of the market in Asia Pacific. Furthermore, rising foreign investment in the commercial segment is expected to create significant demand in the commercial real estate sector. Easy usage of door stoppers is expected to lead to extensive demand for the product in the commercial segment in the coming years.

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Key Players Operating in the Global Market

The global door stopper market is fragmented in nature with the presence of large number of small and large players. Companies are adopting the strategy of product innovation & development as well as investing in geographical expansion. Some of the large players are acquiring small scale players to increase their product range and market share as well as geographical reach in the door stopper market. A few of the key players operating in the global door stopper market are listed below:

• Eggers Industries
• Feather River Door
• Graham Wood Doors (AADG)
• Jeld-Wen
• Masonite International
• Pella
• Plastpro
• Therma-Tru

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Refurbished and Used Mobile Phones Market by Manufacturers, Regions, Type and Application, Forecast To 2027

The global refurbished and used mobile phones market is gaining traction owing to the rapid growth of the digital content. Smartphone has become an integral part of people’s lives starting from engaging e-commerce, supporting communication to fueling the growth of digitalization. Nowadays, tech-savvy consumers are shifting towards high-end and advanced technological equipment. Such consumers are not willing in spending much time with their new smartphones due to the short upgrade cycle. Thus, a large number of population is showing their interests toward used mobile phones which have their desired features that to in low price.

An upcoming report on the global refurbished and used mobile phones market by Transparency Market Research promises to be crucial source of information for stakeholders looking to strengthen their foothold in the market. The report would enable them to gain proper insight into the growth drivers and restraints. The exhaustive information in the report would unravel the opportunities and pitfalls in the market. The report runs through multiple standpoints such as trends, competitive landscape, product, application, and regional segments to understand if the global refurbished and used mobile phones market holds out solid promise.

Global Refurbished and Used Mobile Phones Market: Key Trends 

Rising emerging economies, growing demand for purchasing low-priced products, and increasing adoption of smartphones are believed to be driving the global refurbished and used mobile phones market. Along with these, rising customers dependency on electronic gadgets in developing countries also is expected to fuel demand in the global refurbished and used mobile phones market. Smartphones manufacturers of developing economies are constantly investing in research and development for producing high-end mobile phones in order to meet rapid technological demands from consumers. Such factor is also expected to boost the global refurbished and used mobile phones market.

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Furthermore, rapid urbanization in developing countries, growing mid-price brand division, rising demand for advanced features at low prices are also projected to propel the global refurbished and used mobile phones market. Along with these, rapid implementation of governments’ initiative and regulation about green initiatives and e-waste management is also believed to be further boosting demand in the global refurbished and used mobile phones market.

Global Refurbished and Used Mobile Phones Market: Regional Outlook

With respect to geography, APAC is expected to lead the global refurbished and used mobile phones market as the region has seen rapid infrastructural development. Growing urbanization, burgeoning tech-savvy population, and rapid technological advancements could also be responsible for fueling the refurbished and used mobile phones market in this region. Other prominent regions in the global refurbished and used mobile phones market are the Middle East, Africa, South America, and North America. Rising government regulations in recycling technological products is expected to boost the refurbished and used mobile phones market in these regions.

Global Refurbished and Used Mobile Phones Market: Competitive Dynamics 

Some of the prominent players operating n the global refurbished and used mobile phones market are Samsung electronics, Redeem UK, FoneGiant.com, NIPPON TELEPHONE INC, and Verizon Communications. The report unravels their market standing, product offerings, geographical outreach, and strategies for progress. It also furnishes information on their sales and revenues and their growth potential.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Anti-radiation Devices for Cell Phones Market To Witness Excessive Growth During 2027

Transparency Market Research delivers key insights on the global anti-radiation devices for cell phones market. In terms of revenue, the global anti-radiation devices for cell phones market is estimated to expand at a CAGR of over ~7% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global anti-radiation devices for cell phones market report.

In the report, TMR predicts that the global anti-radiation devices for cell phones market would be largely driven by factors such as rising consumer awareness about the ill effects of mobile radiation on the human body. Innovation in technology and design of anti-radiation devices for cell phones is expected to boost market growth in the near future.

According to the anti-radiation devices for cell phones market report, the type segment includes chip, sticker, case, and others. Chip segment is expected to dominate the global anti-radiation devices for cell phones market, in terms of both value as well as volume, and expand at a rapid rate during the forecast period. Chip is easily available in the market and has the ability to fit in different devices. Multiple usage of this product is driving its demand in the global market. Furthermore, the case segment is estimated to propel at a prominent rate in the near future. This segment is majorly driven by the increasing number of products offered by key companies with cases of different mobile handsets.

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In terms of distribution channel, the offline segment holds a large share of the global anti-radiation devices for cell phones market, followed by the online segment. The offline segment dominated the market in 2018, owing to preference of consumers to experience the quality of the product physically. As per the anti-radiation devices for cell phones market report, online distribution channels of anti-radiation devices for cell phones include both e-Commerce websites as well as company-owned websites, while offline distribution channels include supermarkets/hypermarkets, specialty stores, and others (various smaller retail formats). In the near future, e-Commerce platform is anticipated to be the most preferred channel for anti-radiation devices for cell phones.

The anti-radiation devices for cell phones market is highly fragmented. High number of small, medium, and large companies operate in the market at the global and domestic level. Companies work on product innovation to increase their market reach.

Anti-radiation products available in the market are extremely simple and easy to use, and no specific knowledge is required for its operation. Various anti-radiation products are manufactured with an appealing look due to growth in technology. Along with chip and phone cases, several manufacturers have extended their product offerings by developing anti-radiation pouches, holsters, armbands, and headsets. The market for anti-radiation devices is likely to witness significant growth during the forecast period.

Anti-Radiation Devices for Cell Phones Market: Prominent Regions

Presently, North America dominates the global anti-radiation devices for cell phones market followed by Europe. People in North America are more inclined toward purchasing anti-radiation chips and cases for their cell phones. It has been observed that most customers of anti-radiation cell phone devices are high-end mobile users. Moreover, companies are convincing consumers about the adverse effects of mobile radiation, which is expected to propel the market growth in the coming years.

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Demand for anti-radiation devices for cell phones in developing regions such as Asia Pacific is expected to increase significantly during the forecast period. The Asia Pacific anti-radiation devices for cell phones market is driven by the rising number of mobile devices in use in China and India. Moreover, rising consumer awareness about the adverse effect of mobile radiation is driving the market growth.

Anti-radiation Devices for Cell Phones Market: Key Players

Key players operating in the global anti-radiation devices for cell phones market includes Penumbra Brands, Inc., AMERICAN AIRES INC., Cellsafe, DefenderShield, Mobile Safety, RadiArmor, RF Safe Corporation, SafeSleeve Anti-Radiation Cases, Syenergy Environics Limited, and Waves Protect Corp. Companies are extensively focusing on introducing innovative products in order to gain market share.

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