Managing paid parking inside buildings or on streets has been a pain area for a long time. There are multiple options available in the market with new innovations coming in often. In India, gradually building owners as well municipalities are gradually warming up to using the available technologies.
Smart parking is an emerging IoT based technology and is expected to be adopted by most of the major cities globally in order to increase the probability of sustainable development. According to a new market research study titled ‘Smart Parking System Market to 2025 – Global Analysis and Forecast by parking site (On-street & Off-street, components (Hardware, Software & Services) and end-user industry (Commercial Institute, Industrial Institute, Government & Municipality and Corporate Institutes)’, the global smart parking systems market was valued at US$ 66.56 Mn in 2015 and is estimated to reach US$ 415.25 Mn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.
In India, smart parking may be highly effective in helping motorists to find the empty spot quickly but also help reduce complaints of over charging by parking fee collecting agents. Usually, parking lots are auctioned to agencies who bid the highest amount. In order to recover their bid amounts, these agencies often resort to over charging by distorting the time record which is normally a hand written chit tucked on the car wind-shield. Drivers also often escape without paying the fees when the agents are busy addressing other drivers.
Smart Parking Ltd is a UK based company which has successfully deployed multiple such systems in UK, South Africa, Australia and New Zealand.
Smart Parking is deploying a parking management system in Wellington, New Zealand after successful trials. Approximately 900 infrared parking sensors will be installed in the sector, with a further three sectors and over 2,580 sensors to be rolled out before Christmas, making it the largest deployment of the technology in Asia Pacific.
The new technology enables drivers to download the free PayMyPark app which allows them to pay for parking straight from their smartphone device and extend the time remotely. Smart Parking’s infrared sensors automatically detect when a car arrives and relays the information to PayMyPark alerting the application of the cars arrival and departure.
Smart Parking’s central database SmartRep collates and analyses the live information on how parking space is being used. Accurate vehicle-by-vehicle, minute-by-minute data on actual usage of the city’s facilities gives Wellington City Council the information needed for day-to-day management and future planning.
The company also has RFID based parking management solutions, kiosks for paying parking fees, ANPR and other integrated solutions for managed parking. The official website is at http://www.smartparking.com/
Libelium is a Spanish company based at Zaragoza who manufacturers sensors which may be customized for many innovative solutions like smart metering, home automation, farming, retail including parking management systems. Details are available here. http://www.libelium.com/smart_parking/. As correctly mentioned in their website, efficient parking not only means happier motorists, but also reduces CO2 emissions, saves fuel and helps minimise traffic jams. Libelium had developed and implement a smart parking based solution with buried sensors way back in 2011. Interestingly, they have distributors in India who can be approached for latest updates.
Some of the other key solution providers are Parkeon, TransCore, Streetline with reputed firms like Siemens, Cisco, 3M, IBM also having solutions. Siemens provides details of smart parking management solution here. http://www.mobility.siemens.com/mobility/global/en/urban-mobility/road-solutions/integrated-smart-parking-solution/pages/integrated-smart-parking-solution.aspx.
With the use of these technologies, civic authorities or building owners may generate more revenues from their parking lots. Dynamic pricing for parking will be a key trend for market growth. A large number of parking facility providers use dynamic pricing to manage the demand and supply of available parking spaces. Parking providers give a choice to drivers to either pay more and walk less or pay less and walk an extra block. The sensors available in parking places track the availability of parking spaces and transmit the information directly to the drivers on their smartphones with price details.
In Kolkata, many streets now have agents carrying hand-held readers which issue printed receipts and also keep records of fees collected so that the right collection reports are available to municipal authorities. In Chandigarh, the civic authorities are planning to use technology for collecting fees on all the 25 paid parking lots in the city. The city is planning to roll out smart cards that can be re-charged through e-sampark centres, fully automatic parking lots with boom barriers and a mobile app to provide live parking availability status. Similarly, Thane and Bangalore are other cities evaluating technology to aid motorists to find empty parking spaces quickly, check parking rates and pay parking fees through apps installed on their phones.
- http://www.nanalyze.com/2016/07/6-smart-parking-companies/ – Details on other companies working on smart parking solutions