Asia Pacific smart parking market will grow by 19.4% annually with a total addressable market cap of $35.42 billion over 2021-2030 owing to the limited pace for smooth flow of traffic due to increasing traffic congestion, rising need for efficient land utilization and proper parking management, and technological advancements in digital and IoT based technology.
Highlighted with 35 tables and 69 figures, this 127-page report “Asia Pacific Smart Parking Market 2020-2030 by Component (Hardware, Software, Service), System (Guided, Smart), Parking Type (Off-street, On-street), Solution, Technology (Ultrasonic, Image, Radar, RFID, IoT), Vehicle Type, End User (Commercial, Government, Residential), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific smart parking market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific smart parking market in every aspect of the classification from perspectives of Component, System, Parking Type, Solution, Technology, Vehicle Type, End User, and Country.
Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Hardware
o Pucks/Wireless Sensors
o Cameras and LPRs
o Smart Meters
o Signages
o Parking Gates
o Other Hardware
• Software
o Parking Guidance System
o Analytics Solutions
• Service
o Consulting Service
o Engineering Service
o Mobile App Parking Service
Based on System, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Guided Parking Assist System
• Smart Parking Assist System
Based on Parking Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Off-street Parking
• On-street Parking
Based on Solution, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Security & Surveillance
• Smart Payment Systems
• Parking Reservation & Valet Parking
• License Plate Recognition
By Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Ultrasonic Sensors
• Image Sensors
• Radar Sensors
• Radio Frequency Identification (RFID)
• Internet of Things (IoT)
• Other Technologies
By Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
By End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Commercial Sector
• Government & Public Sector
• Residential Sector
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Parking Type, Solution, and Technology over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Amano McGann, Inc.
BMW AG (ParkNow GmbH, Parkmobile LLC)
CivicSmart, Inc.
Continental AG
Dongyang Menics Co., Ltd.
IEM SA
IPS Group Inc.
Klaus Multiparking Systems
ParkMe Inc.
Robert Bosch GmbH
Siemens AG
Smart Parking Limited
Swarco AG
TKH Group-Park Assist.
Urbiotica, S.L.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Asia Pacific Market by Component 41
3.1 Market Overview by Component 41
3.2 Hardware 43
3.2.1 Pucks/Wireless Sensors 45
3.2.2 Cameras and LPRs 46
3.2.3 Smart Meters 47
3.2.4 Signages 48
3.2.5 Parking Gates 49
3.2.6 Other Hardware 50
3.3 Software 51
3.3.1 Parking Guidance System 52
3.3.2 Analytics Solutions 53
3.4 Service 54
3.4.1 Consulting Service 55
3.4.2 Engineering Service 56
3.4.3 Mobile App Parking Service 57
4 Segmentation of Asia Pacific Market by System 58
4.1 Market Overview by System 58
4.2 Guided Parking Assist System 60
4.3 Smart Parking Assist System 61
5 Segmentation of Asia Pacific Market by Parking Type 62
5.1 Market Overview by Parking Type 62
5.2 Off-street Parking 64
5.3 On-street Parking 65
6 Segmentation of Asia Pacific Market by Solution 66
6.1 Market Overview by Solution 66
6.2 Security & Surveillance 68
6.3 Smart Payment Systems 69
6.4 Parking Reservation & Valet Parking 70
6.5 License Plate Recognition 71
7 Segmentation of Asia Pacific Market by Technology 72
7.1 Market Overview by Technology 72
7.2 Ultrasonic Sensors 74
7.3 Image Sensors 75
7.4 Radar Sensors 76
7.5 Radio Frequency Identification (RFID) 77
7.6 Internet of Things (IoT) 78
7.7 Other Technologies 79
8 Segmentation of Asia Pacific Market by Vehicle Type 80
8.1 Market Overview by Vehicle Type 80
8.2 Passenger Cars 82
8.3 Light Commercial Vehicles 83
8.4 Heavy Commercial Vehicles 84
9 Segmentation of Asia Pacific Market by End User 85
9.1 Market Overview by End User 85
9.2 Commercial Sector 87
9.3 Government & Public Sector 88
9.4 Residential Sector 89
10 Asia-Pacific Market 2019-2030 by Country 90
10.1 Overview of Asia-Pacific Market 90
10.2 Japan 93
10.3 China 96
10.4 Australia 98
10.5 India 100
10.6 South Korea 102
10.7 Rest of APAC Region 104
11 Competitive Landscape 106
11.1 Overview of Key Vendors 106
11.2 New Product Launch, Partnership, Investment, and M&A 110
11.3 Company Profiles 111
Amano McGann, Inc. 111
BMW AG (ParkNow GmbH, Parkmobile LLC) 113
CivicSmart, Inc. 114
Continental AG 115
Dongyang Menics Co., Ltd. 116
IEM SA 117
IPS Group Inc. 118
Klaus Multiparking Systems 119
ParkMe Inc. 120
Robert Bosch GmbH 121
Siemens AG 122
Smart Parking Limited 123
Swarco AG 124
TKH Group-Park Assist. 125
Urbiotica, S.L. 126
RELATED REPORTS 127
List of Tables:
Table 1. Snapshot of Asia Pacific Smart Parking Market in Balanced Perspective, 2019-2030 17
Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. Main Product Trends and Market Opportunities in Asia Pacific Smart Parking Market 33
Table 4. Asia Pacific Smart Parking Market by Component, 2019-2030, $ mn 41
Table 5. Asia Pacific Smart Parking Market: Hardware by Type, 2019-2030, $ mn 44
Table 6. Asia Pacific Smart Parking Market: Software by Type, 2019-2030, $ mn 51
Table 7. Asia Pacific Smart Parking Market: Service by Type, 2019-2030, $ mn 54
Table 8. Asia Pacific Smart Parking Market by System, 2019-2030, $ mn 58
Table 9. Asia Pacific Smart Parking Market by Parking Type, 2019-2030, $ mn 62
Table 10. Asia Pacific Smart Parking Market by Solution, 2019-2030, $ mn 66
Table 11. Asia Pacific Smart Parking Market by Technology, 2019-2030, $ mn 72
Table 12. Asia Pacific Smart Parking Market by Vehicle Type, 2019-2030, $ mn 80
Table 13. Asia Pacific Smart Parking Market by End User, 2019-2030, $ mn 85
Table 14. APAC Smart Parking Market by Country, 2019-2030, $ mn 91
Table 15. Japan Smart Parking Market by Parking Type, 2019-2030, $ mn 95
Table 16. Japan Smart Parking Market by Solution, 2019-2030, $ mn 95
Table 17. Japan Smart Parking Market by Technology, 2019-2030, $ mn 95
Table 18. China Smart Parking Market by Parking Type, 2019-2030, $ mn 97
Table 19. China Smart Parking Market by Solution, 2019-2030, $ mn 97
Table 20. China Smart Parking Market by Technology, 2019-2030, $ mn 97
Table 21. Australia Smart Parking Market by Parking Type, 2019-2030, $ mn 99
Table 22. Australia Smart Parking Market by Solution, 2019-2030, $ mn 99
Table 23. Australia Smart Parking Market by Technology, 2019-2030, $ mn 99
Table 24. India Smart Parking Market by Parking Type, 2019-2030, $ mn 101
Table 25. India Smart Parking Market by Solution, 2019-2030, $ mn 101
Table 26. India Smart Parking Market by Technology, 2019-2030, $ mn 101
Table 27. South Korea Smart Parking Market by Parking Type, 2019-2030, $ mn 103
Table 28. South Korea Smart Parking Market by Solution, 2019-2030, $ mn 103
Table 29. South Korea Smart Parking Market by Technology, 2019-2030, $ mn 103
Table 30. Smart Parking Market in Rest of APAC by Country/Region, 2019-2030, $ mn 105
Table 31. Breakdown of World Market by Key Vendor, 2020, % 108
Table 32. Amano McGann, Inc.: Company Snapshot 111
Table 33. Amano McGann, Inc.: Business Segmentation 111
Table 34. Amano McGann, Inc.: Product Portfolio 112
Table 35. Amano McGann, Inc.: Revenue, 2018-2020, $ mn 112
