Global Smart Parking System Market Report By Component (Hardware And Software), By Parking Site (Off-Street And On-Street) By Vertical (Commercial, Personal, Transport & Aviation, Government And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2017-2024
ID:VMR11210196
November 2018
Report Formats:

As per this study the Global Smart Parking System Market was valued USD 3 BN (by revenue) in 2017 and is anticipated to reach USD 9.6 BN by 2024 with a CAGR of 18%.
 
Smart parking system refers to the parking solution by using sensing devices and camera to determine vacant space. It encompasses of real time data interface, sensor system and the website or mobile application. The real time data is collected through the sensor attached and is further transmitted to the application or website. This conveys the availability of vacant parking space conveyed to the user.
 
Objectives of the Study:

  • Define and measure the global smart parking system market
  • Revenue forecast of the global smart parking system market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Rising trend of adoption of IoT and machine-to-machine (M2M) devices is driving the market growth. Increasing number of vehicles leading to high demand of vehicle parking management system is further boosting the market demand. Owing to quick and accurate data regarding parking availability has widened its application area in commercial infrastructures. Additional features such as online parking payments and notifications regarding parking time and availability are again contributing majorly in market demand.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of smart parking system.
 
Market Segmentation
 
The broad smart parking system market has been sub-grouped into component, parking site and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Component
  • Hardware
  • Software
 
By Parking Site
  • Off-Street
  • On-Street
 
By Vertical
  • Commercial
  • Personal
  • Transport & Aviation
  • Government
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for smart parking system in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Smart Parking System Market By Revenue (USD MN)
 
Europe Smart Parking System Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the smart parking system market include 3M, Amano Corporation, BMW Group, Bosch, Cubic Corporation, Kapsch TrafficCom AG, Nortek Control Systems Ltd., Siemens, Swarco AG, and Xerox Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1. INTRODUCTION

  • Introduction To Smart Parking System
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Smart Parking System Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. SMART PARKING SYSTEM MARKET ANALYSIS BY COMPONENT
  • Market In Hardware
  • Market In Software
 
5. SMART PARKING SYSTEM MARKET ANALYSIS BY PARKING SITE
  • Market In Off-Street
  • Market In On-Street
 
6. SMART PARKING SYSTEM MARKET ANALYSIS BY VERTICAL
  • Market In Commercial
  • Market In Personal
  • Market In Transport & Aviation
  • Market In Government
  • Market In Others
 
7. SMART PARKING SYSTEM MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Rest Of North America Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
8. COMPETITIVE LANDSCAPE OF THE SMART PARKING SYSTEM COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
9. COMPANY PROFILES OF THE SMART PARKING SYSTEM INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • 3M
  • Amano Corporation
  • BMW Group
  • Bosch
  • Cubic Corporation
  • Kapsch TrafficCom AG
  • Nortek Control Systems Ltd.
  • Siemens
  • Swarco AG
  • Xerox Corporation
 
* Tentative TOC
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Smart Parking System
Table 2.  Global Smart Parking System Market By Component
Table 3.  Global Smart Parking System Market By Parking Site
Table 4.  Global Smart Parking System Market By Vertical
Table 5.  Global Smart Parking System Market By Geography
Table 6.  North America Smart Parking System Market
Table 7.  Europe Smart Parking System Market
Table 8.  Asia Pacific Smart Parking System Market
Table 9.  Latin America Smart Parking System Market
Table 10. Middle East And Africa Smart Parking System Market 
Table 11. Partnership/Collaboration/Agreements
Table 12. Mergers And Acquisitions
Table 13. New Product Development
Table 14. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Smart Parking System Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Smart Parking System
Fig. 5.     Porter’s Five Forces Analysis
Fig. 6.     Value Chain Analysis
Fig. 7.     Global Smart Parking System Market By Component
Fig. 8.     Global Smart Parking System Market By Parking Site
Fig. 9.     Global Smart Parking System Market By Vertical
Fig. 10.   Global Smart Parking System Market By Geography
Fig. 11.   North America Smart Parking System Market
Fig. 12.   Europe Smart Parking System Market
Fig. 13.   Asia Pacific Smart Parking System Market
Fig. 14.   Latin America Smart Parking System Market
Fig. 15.   Middle East And Africa Smart Parking System Market
Fig. 16.   Market Share Of Smart Parking System Companies
Fig. 17.   Recent Developments In Smart Parking System Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.  

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