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Global Smart Parking Market


Global 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 Region: Trend Forecast and Growth Opportunity

Report code: SDMRCO1613133 | Industry: Computers, Electrics & Communications | Published On: 2022-02-15


Global smart parking market will reach $22.29 billion by 2030, growing by 16.9% annually over 2020-2030, driven by 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 87 tables and 102 figures, this 184-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global smart parking market in every aspect of the classification from perspectives of Component, System, Parking Type, Solution, Technology, Vehicle Type, End User, and Region.

Based on Component, the global 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 global 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 global 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 global 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 global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split 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 10
1.1  Industry  Definition  and  Research  Scope 10
1.1.1  Industry  Definition 10
1.1.2  Research  Scope 11
1.2  Research  Methodology 14
1.2.1  Overview  of  Market  Research  Methodology 14
1.2.2  Market  Assumption 15
1.2.3  Secondary  Data 15
1.2.4  Primary  Data 15
1.2.5  Data  Filtration  and  Model  Design 16
1.2.6  Market  Size/Share  Estimation 17
1.2.7  Research  Limitations 18
1.3  Executive  Summary 19
2  Market  Overview  and  Dynamics 22
2.1  Market  Size  and  Forecast 22
2.1.1  Impact  of  COVID-19  on  World  Economy 23
2.1.2  Impact  of  COVID-19  on  the  Market 26
2.2  Major  Growth  Drivers 28
2.3  Market  Restraints  and  Challenges 33
2.4  Emerging  Opportunities  and  Market  Trends 36
2.5  Porter’s  Fiver  Forces  Analysis 40
3  Segmentation  of  Global  Market  by  Component 44
3.1  Market  Overview  by  Component 44
3.2  Hardware 46
3.2.1  Pucks/Wireless  Sensors 48
3.2.2  Cameras  and  LPRs 49
3.2.3  Smart  Meters 50
3.2.4  Signages 51
3.2.5  Parking  Gates 52
3.2.6  Other  Hardware 53
3.3  Software 54
3.3.1  Parking  Guidance  System 55
3.3.2  Analytics  Solutions 56
3.4  Service 57
3.4.1  Consulting  Service 58
3.4.2  Engineering  Service 59
3.4.3  Mobile  App  Parking  Service 60
4  Segmentation  of  Global  Market  by  System 61
4.1  Market  Overview  by  System 61
4.2  Guided  Parking  Assist  System 63
4.3  Smart  Parking  Assist  System 64
5  Segmentation  of  Global  Market  by  Parking  Type 65
5.1  Market  Overview  by  Parking  Type 65
5.2  Off-street  Parking 67
5.3  On-street  Parking 68
6  Segmentation  of  Global  Market  by  Solution 69
6.1  Market  Overview  by  Solution 69
6.2  Security  &  Surveillance 71
6.3  Smart  Payment  Systems 72
6.4  Parking  Reservation  &  Valet  Parking 73
6.5  License  Plate  Recognition 74
7  Segmentation  of  Global  Market  by  Technology 75
7.1  Market  Overview  by  Technology 75
7.2  Ultrasonic  Sensors 77
7.3  Image  Sensors 78
7.4  Radar  Sensors 79
7.5  Radio  Frequency  Identification  (RFID) 80
7.6  Internet  of  Things  (IoT) 81
7.7  Other  Technologies 82
8  Segmentation  of  Global  Market  by  Vehicle  Type 83
8.1  Market  Overview  by  Vehicle  Type 83
8.2  Passenger  Cars 85
8.3  Light  Commercial  Vehicles 86
8.4  Heavy  Commercial  Vehicles 87
9  Segmentation  of  Global  Market  by  End  User 88
9.1  Market  Overview  by  End  User 88
9.2  Commercial  Sector 90
9.3  Government  &  Public  Sector 91
9.4  Residential  Sector 92
10  Segmentation  of  Global  Market  by  Region 93
10.1  Geographic  Market  Overview  2019-2030 93
10.2  North  America  Market  2019-2030  by  Country 97
10.2.1  Overview  of  North  America  Market 97
10.2.2  U.S. 101
10.2.3  Canada 104
10.2.4  Mexico 106
10.3  European  Market  2019-2030  by  Country 108
10.3.1  Overview  of  European  Market 108
10.3.2  Germany 112
10.3.3  U.K. 114
10.3.4  France 116
10.3.5  Spain 118
10.3.6  Italy 120
10.3.7  Russia 122
10.3.8  Rest  of  European  Market 124
10.4  Asia-Pacific  Market  2019-2030  by  Country 126
10.4.1  Overview  of  Asia-Pacific  Market 126
10.4.2  Japan 130
10.4.3  China 133
10.4.4  Australia 135
10.4.5  India 137
10.4.6  South  Korea 139
10.4.7  Rest  of  APAC  Region 141
10.5  South  America  Market  2019-2030  by  Country 143
10.5.1  Argentina 146
10.5.2  Brazil 148
10.5.3  Chile 150
10.5.4  Rest  of  South  America  Market 152
10.6  MEA  Market  2019-2030  by  Country 153
10.6.1  UAE 156
10.6.2  Saudi  Arabia 158
10.6.3  South  Africa 160
10.6.4  Other  National  Markets 162
11  Competitive  Landscape 163
11.1  Overview  of  Key  Vendors 163
11.2  New  Product  Launch,  Partnership,  Investment,  and  M&A 167
11.3  Company  Profiles 168
Amano  McGann,  Inc. 168
BMW  AG  (ParkNow  GmbH,  Parkmobile  LLC) 170
CivicSmart,  Inc. 171
Continental  AG 172
Dongyang  Menics  Co.,  Ltd. 173
IEM  SA 174
IPS  Group  Inc. 175
Klaus  Multiparking  Systems 176
ParkMe  Inc. 177
Robert  Bosch  GmbH 178
Siemens  AG 179
Smart  Parking  Limited 180
Swarco  AG 181
TKH  Group-Park  Assist. 182
Urbiotica,  S.L. 183
RELATED  REPORTS 184
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