Published :
Tables : 87
Figures : 39
Category : Automotive
No. of Pages : 200
Report Code : ASV1025
Smart Parking Market Introduction This market intelligence report offers a comprehensive assessment of global smart parking market including, factors boosting market growth, market barriers, application areas, investment potential, case studies, value chain analysis, future roadmap, major market players profiles and strategies. The study further offers market size predictions from 2020 to 2027. The global smart parking market is estimated to value over US $ 9 Billion by the end of 2027 and forecasted to grow at a CAGR of 10.87% from 2020 to 2027. Smart parking system essentially is an intelligent system that helps the driver in locating available parking space. This system identifies a vacant parking space with the assistance of sensors and then directs the driver to the vacant space. The technologies used in smart parking system are Ultrasonic, IoT, RFID and others. Globally smart parking systems are increasingly gaining popularity and are being implemented by various countries over several private and public places including universities, airports, public parking spaces, shopping centres, etc. Moreover, smart parking system technology works on resolving the long-standing problem associated with parking that further leads to the creation of air pollution. The technology comprises of elements that consist of real-time data interference, low-cost sensors, and mobile applications that facilitate consumers to track free parking spots. Burgeoning traffic congestion, rising concerns regarding parking, increase in demand for Internet of Things (IoT), and high implementation rate of smart cities across the globe are factors majorly driving the growth of this market. Nevertheless, huge implementation cost & configuration complications are hampering the growth of the growth. In addition, an increase in expenditure on developing driverless vehicles and an increase in the government’s initiative in developing smart cities over the globe are anticipated to generate colossal possibilities for the growth of the market. This study provides an in-depth evaluation of the market offered through sections such as : By Technology Ultrasonic IoT RFID By Application Smart Payment System Security & Surveillance E-parking License Plate Recognition By Type On-street Parking Off-street By End User Government Commercial By Region North America Latin America Europe Asia Pacific Rest of the World Companies Profiled: Amano mcgann, inc. Urbiotica Smart parking ltd. Iem sa Ips group inc. Klaus multiparking systems Swarco ag Robert bosch gmbh Continental ag Dongyang menics co.ltd Competitive Landscape: Tier 1 players- established companies in the market with a major market share Tier 2 players Emerging players which are growing rapidly New Entrants FutureWise Key Takeaways Growth prospects SWOT analysis Key trends Key data-points affecting market growth Objectives of the Study: To provide an exhaustive analysis on Global Smart Parking Market by Technology, Application, by Type, End User and by Region To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and the overall market To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions Profiling of companies to evaluate their market shares, strategies, financials and core competencies
This market intelligence report offers a comprehensive assessment of global smart parking market including, factors boosting market growth, market barriers, application areas, investment potential, case studies, value chain analysis, future roadmap, major market players profiles and strategies. The study further offers market size predictions from 2020 to 2027.
The global smart parking market is estimated to value over US $ 9 Billion by the end of 2027 and forecasted to grow at a CAGR of 10.87% from 2020 to 2027.
Smart parking system essentially is an intelligent system that helps the driver in locating available parking space. This system identifies a vacant parking space with the assistance of sensors and then directs the driver to the vacant space. The technologies used in smart parking system are Ultrasonic, IoT, RFID and others.
Globally smart parking systems are increasingly gaining popularity and are being implemented by various countries over several private and public places including universities, airports, public parking spaces, shopping centres, etc. Moreover, smart parking system technology works on resolving the long-standing problem associated with parking that further leads to the creation of air pollution. The technology comprises of elements that consist of real-time data interference, low-cost sensors, and mobile applications that facilitate consumers to track free parking spots.
Burgeoning traffic congestion, rising concerns regarding parking, increase in demand for Internet of Things (IoT), and high implementation rate of smart cities across the globe are factors majorly driving the growth of this market. Nevertheless, huge implementation cost & configuration complications are hampering the growth of the growth. In addition, an increase in expenditure on developing driverless vehicles and an increase in the government’s initiative in developing smart cities over the globe are anticipated to generate colossal possibilities for the growth of the market.
This study provides an in-depth evaluation of the market offered through sections such as : By Technology
By End User
By Region
Companies Profiled:
Competitive Landscape:
FutureWise Key Takeaways
Objectives of the Study:
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data From Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data From Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Global Smart Parking Market Variables, Trends & Scope 4.1. Market Lineage Outlook 4.2. Penetration and Growth Prospect Mapping 4.3. Industry Value Chain Analysis 4.4. Cost Analysis Breakdown 4.5. Technology Overview 4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards And Compliances 5. Global Smart Parking Market Overview 5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus of Smart Parking Companies on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.2.1. High Cost Associated with Implementation of Predictive Analysis 5.1.3. Industry Challenges 5.1.3.1. Presence of Ambiguous Regulatory Framework 6. Global Smart Parking Market Analysis Tools 6.1. Industry Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. Technology Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. Technology Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies 7. Global Smart Parking Market, By Technology Historical Analysis and Forecast 2020-2027 (USD Million) 7.1. Ultrasonic 7.2. IoT 7.3. RFID 8. Global Smart Parking Market, By Application Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Smart Payment System 8.2. Security & Surveillance 8.3. E-parking 8.4. License Plate Recognition 9. Global Smart Parking Market, By Type Historical Analysis and Forecast 2020-2027 (USD Million) 9.1. On-street Parking 9.2. Off-street 10. Global Smart Parking Market, By End User Historical Analysis and Forecast 2020-2027 (USD Million) 10.1. Government 10.2. Commercial 11. North America Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 11.2.1. U.S.A 11.2.2. Canada 11.3. Market Size (USD Million) Forecast for North America 2020-2027 12. Latin America Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 12.2.1. Brazil 12.2.2. Mexico 12.2.3. Rest of Latin America 12.3. Market Size (USD Million) Forecast for Latin America 2020-2027 13. Europe Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1. Introduction 13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 13.2.1. Germany 13.2.2. U.K 13.2.3. France 13.2.4. Italy 13.2.5. Spain 13.2.6. Russia 13.2.7. Poland 13.2.8. Rest of Europe 13.3. Market Size (USD Million) Forecast for Europe 2020-2027 14. Asia Pacific Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 14.1. Introduction 14.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 14.2.1. Japan 14.2.2. China 14.2.3. India 14.2.4. Australia and New Zealand 14.2.5. ASEAN 14.2.6. Rest of Asia Pacific 14.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027 15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and Disease Indication Portfolio, Financial Layouts) 15.1. Amano mcgann, Inc. 15.1.1. Company Overview 15.1.2. Product Portfolio 15.1.3. SWOT Analysis 15.1.4. Financial Overview 15.1.5. Strategic Overview 15.2. Urbiotica 15.2.1. Company Overview 15.2.2. Product Portfolio 15.2.3. SWOT Analysis 15.2.4. Financial Overview 15.2.5. Strategic Overview 15.3. Smart Parking Ltd. 15.3.1. Company Overview 15.3.2. Product Portfolio 15.3.3. SWOT Analysis 15.3.4. Financial Overview 15.3.5. Strategic Overview 15.4. Iem sa 15.4.1. Company Overview 15.4.2. Product Portfolio 15.4.3. SWOT Analysis 15.4.4. Financial Overview 15.4.5. Strategic Overview 15.5 Ips Group Inc. 15.5.1. Company Overview 15.5.2. Product Portfolio 15.5.3. SWOT Analysis 15.5.4. Financial Overview 15.5.5. Strategic Overview 15.6 Klaus Multiparking Systems 15.6.1. Company Overview 15.6.2. Product Portfolio 15.6.3. SWOT Analysis 15.6.4. Financial Overview 15.6.5. Strategic Overview 15.7. Swarco AG 15.7.1. Company Overview 15.7.2. Product Portfolio 15.7.3. SWOT Analysis 15.7.4. Financial Overview 15.7.5. Strategic Overview 15.8. Robert Bosch gmbh 15.8.1. Company Overview 15.8.2. Product Portfolio 15.8.3. SWOT Analysis 15.8.4. Financial Overview 15.8.5. Strategic Overview 15.9. Continental AG 15.9.1. Company Overview 15.9.2. Product Portfolio 15.9.3. SWOT Analysis 15.9.4. Financial Overview 15.9.5. Strategic Overview 15.10. Dongyang Menics Co. Ltd. 15.10.1. Company Overview 15.10.2. Product Portfolio 15.10.3. SWOT Analysis 15.10.4. Financial Overview 15.10.5. Strategic Overview 16. FutureWise SME Key Takeaway Points for Clien
1. Market Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.3.2 Market Covered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2. Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3. Executive Summary
3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights
4. Global Smart Parking Market Variables, Trends & Scope
4.1. Market Lineage Outlook
4.2. Penetration and Growth Prospect Mapping
4.3. Industry Value Chain Analysis
4.4. Cost Analysis Breakdown
4.5. Technology Overview
4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards And Compliances
5. Global Smart Parking Market Overview
5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus of Smart Parking Companies on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.2.1. High Cost Associated with Implementation of Predictive Analysis 5.1.3. Industry Challenges 5.1.3.1. Presence of Ambiguous Regulatory Framework
6. Global Smart Parking Market Analysis Tools 6.1. Industry Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. Technology Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. Technology Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies
7. Global Smart Parking Market, By Technology Historical Analysis and Forecast 2020-2027 (USD Million)
7.1. Ultrasonic
7.2. IoT
7.3. RFID
8. Global Smart Parking Market, By Application Historical Analysis and Forecast 2020-2027 (USD Million)
8.1. Smart Payment System
8.2. Security & Surveillance
8.3. E-parking
8.4. License Plate Recognition
9. Global Smart Parking Market, By Type Historical Analysis and Forecast 2020-2027 (USD Million)
9.1. On-street Parking
9.2. Off-street
10. Global Smart Parking Market, By End User Historical Analysis and Forecast 2020-2027 (USD Million)
10.1. Government
10.2. Commercial
11. North America Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
11.1. Introduction
11.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
11.2.1. U.S.A
11.2.2. Canada
11.3. Market Size (USD Million) Forecast for North America 2020-2027
12. Latin America Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
12.1. Introduction
12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
12.2.1. Brazil
12.2.2. Mexico
12.2.3. Rest of Latin America
12.3. Market Size (USD Million) Forecast for Latin America 2020-2027
13. Europe Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
13.1. Introduction
13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
13.2.1. Germany
13.2.2. U.K
13.2.3. France
13.2.4. Italy
13.2.5. Spain
13.2.6. Russia
13.2.7. Poland
13.2.8. Rest of Europe
13.3. Market Size (USD Million) Forecast for Europe 2020-2027
14. Asia Pacific Smart Parking Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million)
14.1. Introduction
14.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019
14.2.1. Japan
14.2.2. China
14.2.3. India
14.2.4. Australia and New Zealand
14.2.5. ASEAN
14.2.6. Rest of Asia Pacific
14.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027
15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and Disease Indication Portfolio, Financial Layouts)
15.1. Amano mcgann, Inc.
15.1.1. Company Overview
15.1.2. Product Portfolio
15.1.3. SWOT Analysis
15.1.4. Financial Overview
15.1.5. Strategic Overview
15.2. Urbiotica
15.2.1. Company Overview
15.2.2. Product Portfolio
15.2.3. SWOT Analysis
15.2.4. Financial Overview
15.2.5. Strategic Overview
15.3. Smart Parking Ltd.
15.3.1. Company Overview
15.3.2. Product Portfolio
15.3.3. SWOT Analysis
15.3.4. Financial Overview
15.3.5. Strategic Overview
15.4. Iem sa
15.4.1. Company Overview
15.4.2. Product Portfolio
15.4.3. SWOT Analysis
15.4.4. Financial Overview
15.4.5. Strategic Overview
15.5 Ips Group Inc.
15.5.1. Company Overview
15.5.2. Product Portfolio
15.5.3. SWOT Analysis
15.5.4. Financial Overview
15.5.5. Strategic Overview
15.6 Klaus Multiparking Systems
15.6.1. Company Overview
15.6.2. Product Portfolio
15.6.3. SWOT Analysis
15.6.4. Financial Overview
15.6.5. Strategic Overview
15.7. Swarco AG
15.7.1. Company Overview
15.7.2. Product Portfolio
15.7.3. SWOT Analysis
15.7.4. Financial Overview
15.7.5. Strategic Overview
15.8. Robert Bosch gmbh
15.8.1. Company Overview
15.8.2. Product Portfolio
15.8.3. SWOT Analysis
15.8.4. Financial Overview
15.8.5. Strategic Overview
15.9. Continental AG
15.9.1. Company Overview
15.9.2. Product Portfolio
15.9.3. SWOT Analysis
15.9.4. Financial Overview
15.9.5. Strategic Overview
15.10. Dongyang Menics Co. Ltd.
15.10.1. Company Overview
15.10.2. Product Portfolio
15.10.3. SWOT Analysis
15.10.4. Financial Overview
15.10.5. Strategic Overview
16. FutureWise SME Key Takeaway Points for Clien
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