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Global Smart Parking Systems Market Size study, by Hardware (Pucks (Wireless Sensors) Cameras & LPRs, Smart Meters, Signage and Parking Gates), by Software (Parking Guidance System and Analytics Solutions), by Service (Consulting Service, Engineering Service and Mobile App Parking Service), by Type (On-street and Off-street), by Application (Commercial, Government and Transport Transit), and Regional Forecasts 2021-2027

  • BIZ4457871
  • 200 Pages
  • June 2021
  • Automotive and Transportation
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Global Smart Parking Systems Market is valued approximately at USD 4.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 21.5% over the forecast period 2021-2027. Smart parking systems assists drivers for safe parking. With the help of embedded software and sensors available space in parking slot is indicted by sign or symbol. Also, the vacant space is notified to the driver correctly due to the proper management of vehicle. Growing investment in deployment of smart parking systems, facility to handle parking systems by smart phones, and growing number of vehicles around the world are fueling the growth in the market. For instance, in January 2021, Amano McGann partnered with Luminary Hotels & Co. to deliver a first-class parking solution, under which OPUSeries lane devices of Amano McGann were installed in the entry and exit lanes with integrated barcode scanners for validations. Also, according to Statista, operating vehicles across India increased from 272.59 million in 2018 to 295.77 million in 2019. Furthermore, growth in demand for Internet of Things (IoT) technology based solutions are expected to boost the demand in future. However, high cost of purchase and installation of smart parking system makes it difficult to adopt in low and middle-income countries which may hamper the demand during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Smart Parking Systems Market. North America is the dominating region across the world in terms of market share due to growing number of vehicles in the region resulting into increasing adoption of smart parking systems. Whereas Europe is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due rising concern about insufficient parking spaces and government initiative supporting intelligent parking system..

Major market player included in this report are:

Alpek S.A.B. de C.V.

Bombay Dyeing

Diyou Fibre (M) Sdn Bhd

Far Eastern Group

Indorama Ventures Public Company Limited

Nirmal Fibres (P) Ltd.

Reliance Industries Limited

Shubhalakshmi Polyesters Ltd

Tongkun Group Co., Ltd.

W. Barnet GmbH & Co. KG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Hardware:

Pucks (Wireless Sensors)

Cameras & LPRs

Smart Meters

Signage

Parking Gates

By Software:

Parking Guidance System

Analytics Solutions

By Service:

Consulting Service

Engineering Service

Mobile App Parking Service

By Type:

On-street

Off-street

By Application:

Commercial

Government

Transport Transit

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Smart Parking Systems Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Smart Parking Systems Market , by Region, 2019-2027 (USD Billion)

1.2.2. Smart Parking Systems Market, by Hardware, 2019-2027 (USD Billion)

1.2.3. Smart Parking Systems Market, by Software , 2019-2027 (USD Billion)

1.2.4. Smart Parking Systems Market, by Service, 2019-2027 (USD Billion)

1.2.5. Smart Parking Systems Market, by Type, 2019-2027 (USD Billion)

1.2.6. Smart Parking Systems Market, by Application, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Smart Parking Systems Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Smart Parking Systems Market Dynamics

3.1. Smart Parking Systems Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing number of vehicles

3.1.1.2. Rising deployment of smart parking system

3.1.2. Market Restraint

3.1.2.1. High cost of purchase and installation

3.1.3. Market Opportunities

3.1.3.1. Growth in demand for Internet of Things (IoT) technology based solutions

Chapter 4. Global Smart Parking Systems Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Smart Parking Systems Market, by Hardware

5.1. Market Snapshot

5.2. Global Smart Parking Systems Market by Hardware, Performance - Potential Analysis

5.3. Global Smart Parking Systems Market Estimates & Forecasts by Hardware 2018-2027 (USD Billion)

5.4. Smart Parking Systems Market , Sub Segment Analysis

5.4.1. Pucks (Wireless Sensors)

5.4.2. Cameras & LPRs

5.4.3. Smart Meters

5.4.4. Signage

5.4.5. Parking Gates

Chapter 6. Global Smart Parking Systems Market, by Software

a. Market Snapshot

6.1. Global Smart Parking Systems Market by Software, Performance - Potential Analysis

6.2. Global Smart Parking Systems Market Estimates & Forecasts by Software 2018-2027 (USD Billion)

6.3. Smart Parking Systems Market , Sub Segment Analysis

6.3.1. Parking Guidance System

6.3.2. Analytics Solutions

Chapter 7. Global Smart Parking Systems Market, by Service

b. Market Snapshot

7.1. Global Smart Parking Systems Market by Service, Performance - Potential Analysis

7.2. Global Smart Parking Systems Market Estimates & Forecasts by Service 2018-2027 (USD Billion)

7.3. Smart Parking Systems Market , Sub Segment Analysis

7.3.1. Consulting Service

7.3.2. Engineering Service

7.3.3. Mobile App Parking Service

Chapter 8. Global Smart Parking Systems Market, by Type

c. Market Snapshot

8.1. Global Smart Parking Systems Market by Type, Performance - Potential Analysis

8.2. Global Smart Parking Systems Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

8.3. Smart Parking Systems Market , Sub Segment Analysis

8.3.1. On-street

8.3.2. Off-street

Chapter 9. Global Smart Parking Systems Market, by Application

d. Market Snapshot

9.1. Global Smart Parking Systems Market by Application, Performance - Potential Analysis

9.2. Global Smart Parking Systems Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

9.3. Smart Parking Systems Market , Sub Segment Analysis

9.3.1. Commercial

9.3.2. Government

9.3.3. Transport Transit

Chapter 10. Global Smart Parking Systems Market, Regional Analysis

10.1. Smart Parking Systems Market , Regional Market Snapshot

10.2. North America Smart Parking Systems Market

10.2.1. U.S. Smart Parking Systems Market

10.2.1.1. Hardware breakdown estimates & forecasts, 2018-2027

10.2.1.2. Software breakdown estimates & forecasts, 2018-2027

10.2.1.3. Service breakdown estimates & forecasts, 2018-2027

10.2.1.4. Type breakdown estimates & forecasts, 2018-2027

10.2.1.5. Application breakdown estimates & forecasts, 2018-2027

10.2.2. Canada Smart Parking Systems Market

10.3. Europe Smart Parking Systems Market Snapshot

10.3.1. U.K. Smart Parking Systems Market

10.3.2. Germany Smart Parking Systems Market

10.3.3. France Smart Parking Systems Market

10.3.4. Spain Smart Parking Systems Market

10.3.5. Italy Smart Parking Systems Market

10.3.6. Rest of Europe Smart Parking Systems Market

10.4. Asia-Pacific Smart Parking Systems Market Snapshot

10.4.1. China Smart Parking Systems Market

10.4.2. India Smart Parking Systems Market

10.4.3. Japan Smart Parking Systems Market

10.4.4. Australia Smart Parking Systems Market

10.4.5. South Korea Smart Parking Systems Market

10.4.6. Rest of Asia Pacific Smart Parking Systems Market

10.5. Latin America Smart Parking Systems Market Snapshot

10.5.1. Brazil Smart Parking Systems Market

10.5.2. Mexico Smart Parking Systems Market

10.6. Rest of The World Smart Parking Systems Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Alpek S.A.B. de C.V.

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. Bombay Dyeing

11.2.3. Diyou Fibre (M) Sdn Bhd

11.2.4. Far Eastern Group

11.2.5. Indorama Ventures Public Company Limited

11.2.6. Nirmal Fibres (P) Ltd.

11.2.7. Reliance Industries Limited

11.2.8. Shubhalakshmi Polyesters Ltd

11.2.9. Tongkun Group Co., Ltd.

11.2.10. W. Barnet GmbH & Co. KG

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 2. Global Smart Parking Systems Market , report scope

TABLE 3. Global Smart Parking Systems Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Smart Parking Systems Market estimates & forecasts by Hardware 2018-2027 (USD Billion)

TABLE 5. Global Smart Parking Systems Market estimates & forecasts by Software 2018-2027 (USD Billion)

TABLE 6. Global Smart Parking Systems Market estimates & forecasts by Service 2018-2027 (USD Billion)

TABLE 7. Global Smart Parking Systems Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 8. Global Smart Parking Systems Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 9. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. Global Smart Parking Systems Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. Global Smart Parking Systems Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. U.S. Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. U.S. Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. U.S. Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Canada Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. Canada Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Canada Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. UK Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. UK Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. UK Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. Germany Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. Germany Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Germany Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. France Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. France Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. France Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Spain Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. Spain Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Spain Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Italy Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. Italy Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Italy Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. ROE Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. ROE Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. ROE Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. China Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. China Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. China Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. India Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. India Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. India Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Japan Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 56. Japan Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Japan Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. Australia Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 59. Australia Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. Australia Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. South Korea Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 62. South Korea Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. South Korea Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. ROPAC Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 65. ROPAC Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. ROPAC Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Brazil Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 68. Brazil Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Brazil Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. Mexico Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 71. Mexico Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. Mexico Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROLA Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 74. ROLA Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROLA Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. ROW Smart Parking Systems Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 77. ROW Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 78. ROW Smart Parking Systems Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 79. List of secondary sources used in the study of global Smart Parking Systems Market .

TABLE 80. List of primary sources used in the study of global Smart Parking Systems Market .

TABLE 81. Years considered for the study.

TABLE 82. Exchange rates considered.

 
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