Parking system with space modeling to improve parking efficiency and parking revenue

It has been observed that last five years the sale of cars has been increased drastically because the ownership of car not restricted to rich people but it is extended to upper middle class people. Rich peoples are preferred the size of vehicle in luxury segment, as the slot size are fixed it is very difficult to park this type of vehicle which required more space to park. To overcome this problem a Matlab based system is used to park different size vehicle, according to the requirements slot can be managed. This paper deals with the development of simulation model for parking system with space modeling that emphasizes on the performance, namely the parking probability. This system is very useful to vehicle owner as well as public or private parking owners, with the help of this system parking efficiency and parking revenue can be increased. This system is very effectively useful as compared to the existing parking system because it use to minimize the time consumed for finding the nearest available slot and increase the utility of space.