Market Overview:
The global remote control parking spot lock market is segmented on the basis of type, application and region. The type segment is further divided into X-type, K-type, U-type, A-type and D-type. The application segment is classified into commercial carparks and residential apartment blocks. The regions covered in the study are North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global remote control parking spot lock market is expected to register a CAGR of 7.5% during the forecast period 2018–2030.
Product Definition:
The Remote Control Parking Spot Lock is a device that allows the owner of a parking spot to lock and unlock their spot using a remote control. This is important because it allows people to protect their parking spot from other drivers who may want to use it.
X-type:
The global X-type, it's usage and growth factor in the market for a remote control parking spot lock is expected to witness significant growth over the forecast period. The demand for such products is increasing owing to its features including easy installation and use. Moreover, these devices are available at low cost which makes them affordable for consumers as well as manufacturers.
K-type:
The K-type is a keyless entry system that uses radio frequency identification to open and close car doors. It is integrated with the vehicle's power door lock system, enabling users to gain access to their vehicles without using any physical keys or combinations. The technology works by transmitting a unique ID code via an RF signal from the transmitter to the receiver in each door handle.
Application Insights:
The commercial carparks segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing number of shopping malls, office buildings, and hotels that are installing remote control parking spot locks as they offer an easy way of controlling unauthorized vehicles from occupying a parking space. In addition, these devices help in enforcing time limits for vehicle stay at a particular location thus proving beneficial for both customers and property owners.
The residential apartment¢â‚¬â„¢s blocks segment is expected to register the fastest CAGR exceeding 8% from 2018 to 2030 owing to increased urbanization resulting in construction of more apartments across various countries such as India, China Japan Australia etc., Furthermore, rising awareness among consumers regarding safety concerns is likely to drive demand for these devices over the forecast period especially during nights when most thefts take place from cars parked on streets or public areas.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand for advanced remote control carpark systems from various end-use industries, such as retail and hospitality. Moreover, rising number of smart cities initiatives in U.S., Canada, and Mexico are encouraging industry players to develop new products with enhanced features for convenient parking experience of drivers.
Asia Pacific is projected to be the fastest-growing regional market over the forecast years due to growing awareness about advanced security solutions among customers and increasing government spending on infrastructure development projects including smart city initiatives across countries like China, Japan, Australia etc. Furthermore, rapid urbanization coupled with growing population has led to increased need for efficient carpark management solutions that can minimize traffic congestion problems caused due their respective cities’s limited space available for building structures; hence driving growth of global RCPLS market demand in APAC region over the next eight years till 2030).
Growth Factors:
- Increasing demand for convenience and time savings: The growth of the remote control parking spot lock market can be attributed to the increasing demand for convenience and time savings among consumers. Remote control parking spot locks offer a convenient way to park one's car, without having to worry about finding a space or getting stuck in traffic.
- Rising urbanization and congestion: Another key driver of the remote control parking spot lock market is rising urbanization and congestion, as more people are moving into cities where space is at a premium. Remote control parking spot locks offer an efficient way to park in tight spaces, without having to worry about getting blocked in or ticketed.
- Growing awareness of safety and security risks: A third factor driving the growth of the remote control parking lot lock market is growing awareness of safety and security risks among consumers. With car theft on the rise, many drivers are looking for ways to protect their vehicles from would-be thieves. Remote controlled parking lot locks provide an extra layer of security against theft, making them an attractive option for many consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Remote Control Parking Spot Lock Market Research Report
By Type
X-type, K-type, U-type, A-type, D-type
By Application
Commercial Carparks, Residential Apartment’s Blocks
By Companies
Thats My Spot, Designated Parking(China), Rapid Automatic Access, Fuka, Ansai, Huayi, Wejion, P-Lock, Shining, Lijun, Thats My Spot, Jkdc Security, SJHY, Goldantell, Fuyou
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Remote Control Parking Spot Lock Market Report Segments:
The global Remote Control Parking Spot Lock market is segmented on the basis of:
Types
X-type, K-type, U-type, A-type, D-type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Carparks, Residential Apartment’s Blocks
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thats My Spot
- Designated Parking(China)
- Rapid Automatic Access
- Fuka
- Ansai
- Huayi
- Wejion
- P-Lock
- Shining
- Lijun
- Thats My Spot
- Jkdc Security
- SJHY
- Goldantell
- Fuyou
Highlights of The Remote Control Parking Spot Lock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- X-type
- K-type
- U-type
- A-type
- D-type
- By Application:
- Commercial Carparks
- Residential Apartment’s Blocks
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Remote Control Parking Spot Lock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Remote Control Parking Spot Lock is a security feature that allows you to lock your car in a parking spot from anywhere in the world.
Some of the major players in the remote control parking spot lock market are Thats My Spot, Designated Parking(China), Rapid Automatic Access, Fuka, Ansai, Huayi, Wejion, P-Lock, Shining, Lijun, Thats My Spot, Jkdc Security, SJHY, Goldantell, Fuyou.
The remote control parking spot lock market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Remote Control Parking Spot Lock Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Remote Control Parking Spot Lock Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Remote Control Parking Spot Lock Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Remote Control Parking Spot Lock Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Remote Control Parking Spot Lock Market Size & Forecast, 2018-2028 4.5.1 Remote Control Parking Spot Lock Market Size and Y-o-Y Growth 4.5.2 Remote Control Parking Spot Lock Market Absolute $ Opportunity
Chapter 5 Global Remote Control Parking Spot Lock Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Remote Control Parking Spot Lock Market Size Forecast by Type
5.2.1 X-type
5.2.2 K-type
5.2.3 U-type
5.2.4 A-type
5.2.5 D-type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Remote Control Parking Spot Lock Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Remote Control Parking Spot Lock Market Size Forecast by Applications
6.2.1 Commercial Carparks
6.2.2 Residential Apartment’s Blocks
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Remote Control Parking Spot Lock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Remote Control Parking Spot Lock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Remote Control Parking Spot Lock Analysis and Forecast
9.1 Introduction
9.2 North America Remote Control Parking Spot Lock Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Remote Control Parking Spot Lock Market Size Forecast by Type
9.6.1 X-type
9.6.2 K-type
9.6.3 U-type
9.6.4 A-type
9.6.5 D-type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Remote Control Parking Spot Lock Market Size Forecast by Applications
9.10.1 Commercial Carparks
9.10.2 Residential Apartment’s Blocks
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Remote Control Parking Spot Lock Analysis and Forecast
10.1 Introduction
10.2 Europe Remote Control Parking Spot Lock Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Remote Control Parking Spot Lock Market Size Forecast by Type
10.6.1 X-type
10.6.2 K-type
10.6.3 U-type
10.6.4 A-type
10.6.5 D-type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Remote Control Parking Spot Lock Market Size Forecast by Applications
10.10.1 Commercial Carparks
10.10.2 Residential Apartment’s Blocks
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Remote Control Parking Spot Lock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Remote Control Parking Spot Lock Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Remote Control Parking Spot Lock Market Size Forecast by Type
11.6.1 X-type
11.6.2 K-type
11.6.3 U-type
11.6.4 A-type
11.6.5 D-type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Remote Control Parking Spot Lock Market Size Forecast by Applications
11.10.1 Commercial Carparks
11.10.2 Residential Apartment’s Blocks
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Remote Control Parking Spot Lock Analysis and Forecast
12.1 Introduction
12.2 Latin America Remote Control Parking Spot Lock Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Remote Control Parking Spot Lock Market Size Forecast by Type
12.6.1 X-type
12.6.2 K-type
12.6.3 U-type
12.6.4 A-type
12.6.5 D-type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Remote Control Parking Spot Lock Market Size Forecast by Applications
12.10.1 Commercial Carparks
12.10.2 Residential Apartment’s Blocks
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Remote Control Parking Spot Lock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Remote Control Parking Spot Lock Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Remote Control Parking Spot Lock Market Size Forecast by Type
13.6.1 X-type
13.6.2 K-type
13.6.3 U-type
13.6.4 A-type
13.6.5 D-type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Remote Control Parking Spot Lock Market Size Forecast by Applications
13.10.1 Commercial Carparks
13.10.2 Residential Apartment’s Blocks
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Remote Control Parking Spot Lock Market: Competitive Dashboard
14.2 Global Remote Control Parking Spot Lock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thats My Spot
14.3.2 Designated Parking(China)
14.3.3 Rapid Automatic Access
14.3.4 Fuka
14.3.5 Ansai
14.3.6 Huayi
14.3.7 Wejion
14.3.8 P-Lock
14.3.9 Shining
14.3.10 Lijun
14.3.11 Thats My Spot
14.3.12 Jkdc Security
14.3.13 SJHY
14.3.14 Goldantell
14.3.15 Fuyou