The Full Benefit of Parking Control Equipment

The evolution of the parking industry is directly related to the expansion of the automobile industry. The rise in vehicles on the road has produced negative impact as parking has become a limited resource and requires regulation. The parking dilemma has benefited the parking industry tremendously since the invention of the concept of paid parking. The parking industry is now a billion dollar industry with parking control equipment contributing profoundly to this growth.

Technological change has transformed the type of existing parking equipment. Parking control equipment has developed over the years to meet the expanding needs of the parking industry. The competition amongst the leading parking equipment manufacturers has led to a diverse range of parking control equipment being available.

The main functionality of parking control equipment is to help regulate parking within a facility in order to avoid traffic congestion or back-ups caused by drivers looking for parking spaces. Owning parking control equipment can be beneficial for lot owners.  It can help them run their parking operations effectively. It also helps them maximize profits and reduce any revenue leakage that may occur. With parking control equipment, owners also have access to real-time information of their lots. Access to accumulated data will aid owners in how to best run their parking operations. Click here for more.

Choosing parking control equipment may present a challenge. Lot owners have many options available to them due to the competitive aspect of parking industry. As a result of this sizable selection, choosing parking control equipment can be a huge undertaking.

It is important for lot owners to do their research. First, owners should examine their facilities and ascertain the type of parking control equipment for their lot. Many parking equipment suppliers provide both gated and multi-space systems.

Being an important long-term investment for many lots owners, it is necessary that they send inquiries regarding the following features that parking manufacturers provide: price, quality of equipment, options included with equipment, installation, warranties and after-installation services. Once owners have the right parking control equipment in place, they will ultimately reap the rewards of having implemented a parking system for their facility. Https://ParkingBOXX.com.

Today’s Parking Machine

The parking industry has experienced exponential growth in the sales of parking machines. This growth is directly related to the increased number of vehicles on the road. In response to the higher number of vehicles and scarce number of available parking spaces, parking has become a prevalent issue. Problems in parking negatively impact quality of life, traffic congestion, the environment, etc. Influenced by the problems in parking, the parking industry has developed numerous parking machines over the years to help address this concern.

Historically, the invention of the first parking meter introduced paid parking to the world.  Since its inception, the world of parking has changed dramatically. Over the years, the parking industry has developed different types of parking machines aimed at alleviating problems in parking.Click here for more.

Driven by the revenue generated by parking machines, parking manufactures have developed machines for both gated and ungated parking facilities. Due to advances in technology, parking machines have evolved into improved, more efficient versions of the original parking meter.  The parking machines of today offer many advantages to owners and drivers:

1.            Owners can track real-time use of their lots. There are parking software programs available that come with parking machines allow for tracking and audit trails. Owners can analyze data and create the best way for their lots to generate revenue.

2.            The construction of parking machines is much sturdier. Parking machines are now built with rust-resistant, stainless steel that can endure extreme weather conditions and heavy use.

3.            Parking machines are built to theft-proof. They often come with an attached alarm that will sound once someone tries to meddle with the parking machine.

4.            Parking machines today offer flexibility in payment options. Drivers now have the choice of paying via coins, bills, debit and credit. This also lowers theft/or drives who want to renege on paying for parking because they are not carrying cash to pay the parking machines.

The newer parking machines offer many benefits to both owners and drivers. In addition to helping ease problems in parking, parking machines provide owners with substantial profit gains.  Furthermore, parking machines also provide drivers with the ease and convenience of finding a space and paying for it. Ultimately, parking machines have become an integral part of parking management solutions for many industries. https://ParkingBOXX.com.

Federal APD Manufacturer

Federal ADP was the leading manufacturer of parking equipment in North America. It was established in 1953 in the United States and expanded into a global company with several offices in North America and across the world. It was independently operated but fully-owned subsidiary of a much larger organization - the Federal Signal Corporation.

Federal ADP developed a wide array of products for parking facilities – from barrier gates, entry and exit machines, to pay stations and parking management software.  They were pioneers within the parking industry known for patenting the idea of “self-parking” which revolutionized the parking and transportation industry.

Federal ADP was acquired by 3M in the fall of 2012 for its parking division. 3M is a multi-national conglomerate that develops and manufactures technologies and products spanning across different industries (electronics, industrial, healthcare, consumer, parking, etc.).

In joining forces with Federal ADP, it was 3M’s goal to become world leaders in parking, access and revenue control solutions, mainly in the electronic tolling industry. At that time, the electronic tolling industry was projected to grow at a staggering rate in order to meet the demands of maintaining the roads and transportation infrastructure across the United States. The goal was to combine Federal ADP’s innovations in electronic tolling and parking management solutions (i.e. electronic tolling, vehicle identification, license plate recognition, and toll management software) with 3M’s traffic management products to create efficient and effective solutions for the global parking and transportation industry.

Unfortunately, less than 2 years later, 3M announced that it was “transitioning out” of its global parking manufacturing division. The parking operation was reported to be losing money for 3M and Federal ADP did not meet 3M’s overall business expectations.  In November 2014, 3M officially closed its parking manufacturing operation. Products were being shipped through Q1 2015 and existing contracts and warranties were planned to be honored and supported for an additional 2 years.