• The future of parking will be more efficient, sustainable, and electric.

As autonomous vehicles and parking management software become more prevalent,  parking lots and garages will have to adapt.

This will lead to a more convenient and sustainable parking experience for everyone.

So how does the future of parking look? Let’s take a closer look at the trends that could shape the parking industry.

Pre-booking tools that increase efficiency

According to the United States Geological Survey (USGS), parking lots and garages cover about 5.5% of developed land in the lower 48 states. This number is even higher in highly populated urban areas.

However, the future of parking will be much more efficient. For instance, it’s not beyond te realms of possibility for autonomous vehicles (AVs) to be dropping passengers off at their destination and then parking themselves. If this does happen, it will make parking even more efficient.

With Wayleadr, you don’t need your workforce to have autonomous vehicles for your lot to work efficiently. Instead, with our smart booking space, you can know exactly where you are going to park before you even leave the house in the morning.

The rise of electric vehicles

Electric vehicles (EVs) are another trend that could shape the future of parking. Per Bankrate‘s 2022 report, EV sales should account for around 50% of the total number of new vehicle sales by 2030.

It is good news for the environment and it could also lead to changes in parking infrastructure. For example, we may need more charging stations in parking lots and garages to support this growing number of EVs on the road.

Smarter parking meters and pricing

Smart parking systems are definitely on the horizon and Wayleadr can help you integrate them into your business.

It is a technology that can help reduce congestion and emissions in cities by making it easier for drivers to find and pay for parking. What’s more, dynamic pricing could also become more common in the future.

Such a pricing model charges different rates for parking based on demand. For example, you may pay more to park during peak hours than on a less busy weekday.

Chat to us about arranging a demo and we can talk you through how your business can implement this.

Lesser cars, more shared vehicles

As we move towards a future of parking, we may also see a shift from private ownership of vehicles to shared vehicles.

According to a report from the RethinkX think tank, 95% of passenger miles traveled in the U.S. could be served by shared autonomous electric vehicles (A-EVs) by 2030. Companies, not individuals, would own fleets of A-EVs.

Of course, it is likely that there will always be people who need to drive to the office. Thus, there will likely always be a need for smart parking lot management.

Alternative parking

We may also see an increase in vertical parking, such as automatic and stackable parking garages. This type of parking can be expensive and can often be avoided if a company becomes more efficient with their traditional parking facilities.

With a little help from Wayleadr, the future of parking is looking more automated, efficient, and sustainable.

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