Electric Vehicle (EV)-Ready Parking Guidance Display Market Report 2026

The electric vehicle (ev)-ready parking guidance display market size has grown rapidly in recent years. It will grow from $1.56 billion in 2025 to $1.75 billion in 2026 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to expansion of smart parking infrastructure, growth of multi-level parking facilities, early adoption of digital signage systems, rising urban traffic congestion, integration of parking sensors and displays.

The electric vehicle (ev)-ready parking guidance display market size is expected to see rapid growth in the next few years. It will grow to $2.73 billion in 2030 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to increasing demand for ev-friendly parking infrastructure, expansion of smart city mobility solutions, growing investments in connected parking systems, rising adoption of data-driven traffic management, increasing focus on driver experience optimization. Major trends in the forecast period include increasing deployment of ev-integrated parking guidance systems, rising adoption of real-time occupancy displays, growing integration with charging management platforms, expansion of retrofit parking display solutions, enhanced focus on user-friendly wayfinding interfaces.

The increasing adoption of electric vehicles is expected to drive the growth of the electric vehicle (EV)-ready parking guidance display market in the coming years. Electric vehicles, which operate using electricity instead of traditional fuels such as gasoline or diesel, are gaining popularity due to the need to reduce pollution. These vehicles produce fewer harmful emissions, which helps protect the environment and improve air quality. EV-ready parking guidance displays assist electric vehicle drivers by indicating available charging spots, making it easier to find locations to recharge. For example, the International Energy Agency, a Paris-based autonomous intergovernmental organization, reported that in 2023, electric vehicle sales rose by 3.5 million units, marking a 35% year-over-year growth. This surge in EV adoption is contributing to the growth of the EV-ready parking guidance display market.

Companies in the electric vehicle (EV)-ready parking guidance display market are focusing on innovation, such as digital signage displays, to improve the user experience. These displays offer real-time parking availability, efficiently guide drivers to EV charging spots, and enhance the overall experience in public and commercial parking facilities. Digital signage displays are electronic screens used to show dynamic information, advertisements, or real-time updates in various public and private spaces. For instance, in June 2023, LG Business Solutions USA, a US-based subsidiary of LG Electronics, introduced a new digital signage display integrated with the Broadsign OOH advertising platform for EV chargers. This product features a bright 55-inch screen designed for outdoor use, a dual-sided display visible from multiple angles, and durability with IP56 protection and impact-resistant glass. The display aims to help property owners maximize return on investment through advertising while making it easier for users to locate and use EV charging stations.

In April 2024, EV Connect, Inc., a US-based provider of cloud-based software solutions, partnered with Qmerit and Flash to set a new standard for reservable parking and charging experiences. The collaboration between Flash and Qmerit combines Flash’s electric vehicle charging hardware with Qmerit’s expertise in installation and service to deliver seamless, efficient, and scalable EV charging solutions for both residential and commercial markets. Qmerit specializes in EV charging installation, integration, and maintenance services, while FlashParking provides smart parking solutions, digital infrastructure, and management platforms for commercial and municipal parking facilities.

Major companies operating in the electric vehicle (ev)-ready parking guidance display market are Robert Bosch GmbH, Panasonic Corporation, Continental Aktiengesellschaft, Hangzhou Hikvision Digital Technology Co. Ltd., TKH Group N.V., Japan Display Inc., ChargePoint Inc., SKIDATA GmbH, FlashParking Inc., HUB Parking Technology Inc., Circontrol S.A., Quercus Technologies S.L., EV Connect Inc., INDECT Electronics & Distribution GmbH, ParkHelp S.L., Cleverciti Systems GmbH, Parklio d.o.o., Parking Logix Inc., BrightBlu Ltd., Izix Ltd.

North America was the largest region in the electric vehicle (EV)-ready parking guidance display market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric vehicle (ev)-ready parking guidance display market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric vehicle (ev)-ready parking guidance display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric vehicle (EV)-ready parking guidance display market consists of revenues earned by entities by providing services such as real-time information on available parking and charging spots, guiding drivers to the nearest electric vehicle chargers, monitoring parking space occupancy, offering reservation and payment options for EV parking, integrating with navigation systems for easy access, and maintaining software updates to ensure accurate and efficient operation. The market value includes the value of related goods sold by the service provider or included within the service offering. The electric vehicle (EV)-ready parking guidance display market also includes sales of digital signage displays, infrared sensors, mobile app interfaces, and software platforms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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