Transparancy Market Research released a new report on the Smart /Intelligent Sensors Market – it’s size, share, growth, trends and forecast over 2013-2019.
The report says that the market is expected to reach USD 21.60 Billion globally in 2019.
Smart/Intelligent sensors are used in different industries. You can think of image sensors, touch sensors, temperature sensors, used in the medical industry, industrial industry, consumer electrics industry etc.
In the parking industry smart sensors are mainly used for real time vehicle detection; single parking space detection in parking guidance systems, delivering real-time data to the operator and improving the traffic flow and parking experience for the motorist. Sensor data can be used for parking apps for motorists to make the search for a parking spot easier. It can be used for real time parking management and analytics for the operator, or used in enforcement: When the sensor detects that a car is parked longer than allowed, it can send a message to the enforcement officers. These are only a few options to use sensors in parking. Improved technology and the demand for parking apps is what drives the market.
In the report, named "Smart/Intelligent Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the market has been segmented into North America, Europe, Asia Pacific and RoW. The present market size and a forecast until 2019, along with detailed analyses and opportunities are dealt with.
More information about the report can be found here.