Smart parking is an intelligent parking system that assists driver for safe parking. Available space in parking slot is indicted by sign or symbol with the help of embedded software and sensors. The vacant space is notified to the driver correctly due to the proper management of vehicle.
In addition, smart parking is adopted by many countries and hence it is becoming one of the most trending smart solutions across various public and private places including airports, universities, shopping centers, and city garages, globally. The features such as ability to easily connect with the parking lots, analyze, and automate data gathered from devices, and make it more fruitful for the market. The off-street parking method that is widely used worldwide is generally categorized into the vehicles that are not parked on the roads.
For the operation of the smart parking, they involve low-cost sensors, real-time data collection, and smart phone enabled automated payment systems. This combination allows people to reserve parking in advance and predicts the location for parking.
This system is linked with the mobile applications that notifies the user about current available parking space that further helps to reduce the time needed for searching the available free parking space. This smart parking system implies M2M technologies to properly manage parking supply and also helps one of the biggest problems on driving in urban areasfinding empty parking spaces and controlling illegal parking.
Increase in parking concern across the globe, growth in demand for Internet of Things (IoT) based technology, and high adoption rate in number of vehicles drive the market. However, high employment cost & configuration complexity restrain the market growth. Moreover, rise in investment on building driverless vehicles and increase in government initiative in building smart cities across the globe are expected to create tremendous opportunities for the market growth.
The global smart parking market is segmented based on type, component, technology, application, end user, and regions. Based on type, it is bifurcated into off-street and on-street. Based on technology, it is classified into IoT, ultrasonic, and RFID. Based on application, it is divided as security & surveillance, smart payment system, E-parking, and license plate recognition. Based on end user, it is studied across commercial and government. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
This study comprises of analytical depiction of the global smart parking market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analyses.
The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
Porters Five Forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Type
On-street
Off-street
By Technology
IoT
Ultrasonic
RFID
By Application
Security & Surveillance
Smart Payment System
E-parking
License Plate Recognition
By End User
Commercial
Government
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. High-to-moderate intensity of rivalry
3.3.5. High-to-moderate bargaining power of buyers
3.4. MARKET SHARE ANALYSIS, 2017 (%)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Increased parking concern across the globe.
3.5.1.2. Growth in demand for Internet of Things (IoT)-based technology.
3.5.1.3. Increasing number of vehicles.
3.5.2. Restraint
3.5.2.1. High implementation cost & configuration complexity
3.5.3. Opportunities
3.5.3.1. Rise in investment on building driverless vehicles.
3.5.3.2. Government initiatives in building smart cities across the globe.
CHAPTER 4: SMART PARKING MARKET, BY TYPE
4.1. OVERVIEW
4.2. ON STREET
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. OFF STREET
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
CHAPTER 5: SMART PARKING MARKET, BY TECHNOLOGY
5.1. OVERVIEW
5.2. INTERNET OF THINGS (IOT)
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. ULTRASONIC
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. RFID
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
CHAPTER 6: SMART PARKING MARKET, BY APPLICATION
6.1. OVERVIEW
6.2. SECURITY & SURVEILLANCE
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. SMART PAYMENT SYSTEMS
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.4. E-PARKING
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country
6.5. LICENSE PLATE RECOGNITION
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis by country
CHAPTER 7: SMART PARKING MARKET, BY END USER
7.1. OVERVIEW
7.2. COMMERCIAL
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis by country
7.3. GOVERNMENT
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis by country
CHAPTER 8: SMART PARKING MARKET, BY REGION
8.1. OVERVIEW
8.2. NORTH AMERICA
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by Type
8.2.3. Market size and forecast, by Technology
8.2.4. Market size and forecast, by Application
8.2.5. Market size and forecast, by End User
8.2.6. Market analysis by country
8.2.6.1. U.S.
8.2.6.1.1. Market size and forecast, by Type
8.2.6.1.2. Market size and forecast, by Technology
8.2.6.1.3. Market size and forecast, by Application
8.2.6.1.4. Market size and forecast, by End User
8.2.6.2. Canada
8.2.6.2.1. Market size and forecast, by Type
8.2.6.2.2. Market size and forecast, by Technology
8.2.6.2.3. Market size and forecast, by Application
8.2.6.2.4. Market size and forecast, by End User
8.2.6.3. Mexico
8.2.6.3.1. Market size and forecast, by Type
8.2.6.3.2. Market size and forecast, by Technology
8.2.6.3.3. Market size and forecast, by Application
8.2.6.3.4. Market size and forecast, by End User
8.3. EUROPE
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by Type
8.3.3. Market size and forecast, by Technology
8.3.4. Market size and forecast, by Application
8.3.5. Market size and forecast, by End User
8.3.6. Market analysis by country
8.3.6.1. UK
8.3.6.1.1. Market size and forecast, by Type
8.3.6.1.2. Market size and forecast, by Technology
8.3.6.1.3. Market size and forecast, by Application
8.3.6.1.4. Market size and forecast, by End User
8.3.6.2. Germany
8.3.6.2.1. Market size and forecast, by Type
8.3.6.2.2. Market size and forecast, by Technology
8.3.6.2.3. Market size and forecast, by Application
8.3.6.2.4. Market size and forecast, by End User
8.3.6.3. France
8.3.6.3.1. Market size and forecast, by Type
8.3.6.3.2. Market size and forecast, by Technology
8.3.6.3.3. Market size and forecast, by Application
8.3.6.3.4. Market size and forecast, by End User
8.3.6.4. Italy
8.3.6.4.1. Market size and forecast, by Type
8.3.6.4.2. Market size and forecast, by Technology
8.3.6.4.3. Market size and forecast, by Application
8.3.6.4.4. Market size and forecast, by End User
8.3.6.5. Rest of Europe
8.3.6.5.1. Market size and forecast, by Type
8.3.6.5.2. Market size and forecast, by Technology
8.3.6.5.3. Market size and forecast, by Application
8.3.6.5.4. Market size and forecast, by End User
8.4. ASIA-PACIFIC
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by Type
8.4.3. Market size and forecast, by Technology
8.4.4. Market size and forecast, by Application
8.4.5. Market size and forecast, by End User
8.4.6. Market analysis by country
8.4.6.1. China
8.4.6.1.1. Market size and forecast, by Type
8.4.6.1.2. Market size and forecast, by Technology
8.4.6.1.3. Market size and forecast, by Application
8.4.6.1.4. Market size and forecast, by End User
8.4.6.2. India
8.4.6.2.1. Market size and forecast, by Type
8.4.6.2.2. Market size and forecast, by Technology
8.4.6.2.3. Market size and forecast, by Application
8.4.6.2.4. Market size and forecast, by End User
8.4.6.3. Japan
8.4.6.3.1. Market size and forecast, by Type
8.4.6.3.2. Market size and forecast, by Technology
8.4.6.3.3. Market size and forecast, by Application
8.4.6.3.4. Market size and forecast, by End User
8.4.6.4. Australia
8.4.6.4.1. Market size and forecast, by Type
8.4.6.4.2. Market size and forecast, by Technology
8.4.6.4.3. Market size and forecast, by Application
8.4.6.4.4. Market size and forecast, by End User
8.4.6.5. Rest of Asia-Pacific
8.4.6.5.1. Market size and forecast, by Type
8.4.6.5.2. Market size and forecast, by Technology
8.4.6.5.3. Market size and forecast, by Application
8.4.6.5.4. Market size and forecast, by End User
8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by Type
8.5.3. Market size and forecast, by Technology
8.5.4. Market size and forecast, by Application
8.5.5. Market size and forecast, by End User
8.5.6. Market analysis by country
8.5.6.1. Latin America
8.5.6.1.1. Market size and forecast, by Type
8.5.6.1.2. Market size and forecast, by Technology
8.5.6.1.3. Market size and forecast, by Application
8.5.6.1.4. Market size and forecast, by End User
8.5.6.2. Middle East
8.5.6.2.1. Market size and forecast, by Type
8.5.6.2.2. Market size and forecast, by Technology
8.5.6.2.3. Market size and forecast, by Application
8.5.6.2.4. Market size and forecast, by End User
8.5.6.3. Africa
8.5.6.3.1. Market size and forecast, by Type
8.5.6.3.2. Market size and forecast, by Technology
8.5.6.3.3. Market size and forecast, by Application
8.5.6.3.4. Market size and forecast, by End User
CHAPTER 9: COMPANY PROFILES
9.1. AMANO MCGANN, INC.
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Product portfolio
9.2. URBIOTICA
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Product portfolio
9.2.4. Key strategic moves and developments
9.3. SMART PARKING LTD.
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.4. IEM SA
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Product portfolio
9.5. IPS GROUP INC.
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Product portfolio
9.5.4. Key strategic moves and developments
9.6. KLAUS MULTIPARKING SYSTEMS
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Product portfolio
9.7. SWARCO AG
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Product portfolio
9.8. ROBERT BOSCH GMBH
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance
9.8.6. Key strategic moves and developments
9.9. CONTINENTAL AG
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance
9.9.6. Key strategic moves and developments
9.10. DONGYANG MENICS CO.LTD
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Product portfolio