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5 Essential Criteria for Choosing Smart Parking Equipment for Your Business

5 Essential Criteria for Choosing Smart Parking Equipment for Your Business

You know, over the past few years, we've really seen a boom in urban living and a whole lot more cars on the road. This surge has put insane pressure on parking spaces in cities all over the world. In fact, a report from the International Transport Forum claims that almost 30% of urban traffic is just folks driving around, trying to find a place to park—that’s pretty crazy, right? It definitely shows how urgent it is to come up with some smart solutions, especially when it comes to Smart Parking Equipment that can really help out with efficiency and cutting down on congestion. That’s where Shenzhen Tengda Intelligent Technology Co., Ltd. (or TENGDA for short) comes into play. They’re pretty much leading the charge in this shift, bringing cutting-edge technologies that are perfect for the needs of modern cities. Smart Parking Equipment is pretty neat, too. It not only helps maximize the use of parking spaces but also makes life easier for users by giving them real-time info and smooth access control. TENGDA has been all about making a positive social impact since they started back in 2015, and you can really see that in their innovative products. With the smart parking market on the rise, thanks to the push for smarter city solutions, businesses need to keep some key factors in mind when they’re picking out the right equipment. So, in this blog, we’ll dig into five important things that can help businesses choose the best smart parking solutions and stay ahead in this crowded scene.
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Sophia By:Sophia - May 10, 2025
Unlocking Advantages of Smart Parking Solutions for Global Buyers

Unlocking Advantages of Smart Parking Solutions for Global Buyers

Global parking solutions need to be effective because urbanization and ever-increasing auto ownership are mounting pressure on. According to a recent study by the International Parking Institute, smart parking solutions can cut parking time by as much as 30% and greatly improve the efficiency of urban transport systems. This becomes significant because the cities in the world face congestion and environmental harm is caused by increased emissions of vehicle traffic. Smart Parking technologies help citizens have a better experience while also aiding in the sustainable management of urban resources. Pioneering the smart parking industry is Shenzhen Tengda Intelligent Technology Co., Ltd. (TENGDA), established back in 2015, so has been in the forefront in this field. As a one-stop supplier of smart parking and access control solutions, TENGDA's innovative offerings are geared toward worldwide market requirements. With the help of top-notch technology, a smart parking system is capable of integrating the use of real-time data analytics and IoT to ensure optimum use of available parking properties, thus creating considered social sustainability while tackling problems for urban planners and managers. The benefits of smart parking solutions' adoption are apparent; thus, it becomes necessary for any city trying to invest in its infrastructure and improvement of the quality of life for its residents.
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Oliver By:Oliver - May 3, 2025
Global Market Insights for Parking Payment Kiosks in 2025 and Beyond

Global Market Insights for Parking Payment Kiosks in 2025 and Beyond

As cities continue to urbanize, it becomes even more difficult for them to manage their parking spaces economically. Technology will play a very important role now to facilitate parking in the future. The parking payment kiosk market is expected to grow from $360 million in 2017 to over $2.5 billion in 2025 due to increasing needs for smart city solutions and automated payment systems. The rapid move towards innovative parking payment kiosks is also being generated by advances in contactless payment technologies and consumer needs driven by convenience. Shenzhen Tengda Intelligent Technology Co., Ltd. is one of those leading such a transformation, bringing smart and state-of-the-art solutions for parking that not only improve the convenience of parking payments but also contribute to a sustainable urban ecosystem. Our commitment to one-stop smart parking solutions matches with the growing trend of digitization in urban mobility. Established in 2015, TENGDA is dynamic in popularizing one-stop smart parking solutions. The more projects that cities adapt, cities invest in a more efficient and sustainable infrastructure, the more cities embrace these significant installation of parking payment kiosks. Rapid developments in the technology-related areas, that's what makes these kiosks nearly becoming an inalienable part in improving user experience and operational efficiency. Two imperatives, urban congestion and sustainability, are thus addressed. TENGDA is thus ready to take a bold stand and create global leaders in the new future of parking management solutions with innovative offerings and that can create sustainable social value.
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Sophia By:Sophia - April 4, 2025