Market Overview:
The global smart parking system chipset market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart parking systems in various applications such as smart electricity meter, smart gas meter, and smart water meter. In addition, the growing adoption of lithium-ion batteries and zinc-manganese oxide batteries are also contributing to the growth of this market. However, high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
A chipset is a group of electronic components that work together to perform a specific task. In the context of smart parking, this would include the microcontroller, sensors and communication chips that allow a car to detect and communicate its location in a parking lot. The chipset is important because it allows cars to park more efficiently and accurately, which can lead to shorter wait times and less congestion.
Lithium Battery:
Lithium battery is a rechargeable battery, made from three main components namely positive and negative electrode separated by an electrolyte. Lithium iron phosphate is the most commonly used material for the electrodes in lithium batteries. Positive electrode usually consists of graphite while negative one uses lithium cobalt oxide or lithiated graphite.
Zn-MnO2 Battery:
Zn-MnO2 battery is a rechargeable zinc manganese dioxide battery, which finds application in smart parking system chipset. It has the ability to retain its charge for a longer duration and can be recycled multiple times without any loss of capacity. The material exhibits superior properties such as high energy density, low self-discharge rate, and excellent safety performance as compared to traditional lithium batteries.
Application Insights:
The smart electricity meter application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for energy as an input factor in various industries including manufacturing, automotive and construction is expected to drive the growth of this segment over the coming years.
The smart gas meter application segment was valued at USD 391 million in 2017 owing to its wide-scale deployment across various industries including oil & gas, power generation and healthcare among others. The ability of these meters to record data related to volume consumed along with time stamps makes it useful for utility companies during billing hours, which encourages themto deploy more such meters across their distribution networks thus driving growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well, owing to increasing demand for smart parking systems from various end-use industries, such as transportation and logistics. Moreover, rising adoption of electric vehicles across the U.S., Canada and Mexico is anticipated to drive regional growth over the coming years.
Asia Pacific region accounted for a significant share in terms of revenue generation in 2017 owing to growing investments by governments across key countries including China and India toward implementation of smart cities initiatives that include intelligent traffic management systems with real-time information displays at street level (neighborhoods). These factors are projected to boost regional growth during the forecast period. Europe also accounted for a significant share due to high demand from countries like Switzerland, Norway and Sweden where stringent regulations pertaining their installation are imposed on automated parking systems installed illegally by municipal authorities themselves or third parties without any prior approval or consent from local government bodies (city councils).
Growth Factors:
- Increasing demand for smart parking systems from the commercial sector
- Rising installation of smart parking systems in new buildings and retrofitting of existing ones
- Growing popularity of intelligent transportation systems (ITS)
- Proliferation of advanced sensors and wireless communication technologies
- Emergence of autonomous vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Parking System Chipset Market Research Report
By Type
Lithium Battery, Zn-MnO2 Battery, Other
By Application
Smart Electricity Meter, Smart Gas Meter, Smart Water Meter
By Companies
Duracell, Hitachi Maxell, EVE Energy, SAFT, GP Batteries, Panasonic, Vitzrocell, Ultralife, HCB Battery Co., Ltd, FDK, Energizer, Tadiran, Varta, EnerSys Ltd
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Smart Parking System Chipset Market Report Segments:
The global Smart Parking System Chipset market is segmented on the basis of:
Types
Lithium Battery, Zn-MnO2 Battery, Other
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
Smart Electricity Meter, Smart Gas Meter, Smart Water Meter
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:
- Duracell
- Hitachi Maxell
- EVE Energy
- SAFT
- GP Batteries
- Panasonic
- Vitzrocell
- Ultralife
- HCB Battery Co., Ltd
- FDK
- Energizer
- Tadiran
- Varta
- EnerSys Ltd
Highlights of The Smart Parking System Chipset 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:
- Lithium Battery
- Zn-MnO2 Battery
- Other
- By Application:
- Smart Electricity Meter
- Smart Gas Meter
- Smart Water Meter
- 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 Smart Parking System Chipset 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A Smart Parking System Chipset is a chipset that helps manage and control the various functions of a parking system. These chipsets can include features such as real-time traffic data, GPS tracking, and automatic vehicle location. They can also help manage payments and communication between vehicles and the parking system.
Some of the major companies in the smart parking system chipset market are Duracell, Hitachi Maxell, EVE Energy, SAFT, GP Batteries, Panasonic, Vitzrocell, Ultralife, HCB Battery Co., Ltd, FDK, Energizer, Tadiran, Varta, EnerSys Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Parking System Chipset 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 Smart Parking System Chipset Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Parking System Chipset 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 Smart Parking System Chipset 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 Smart Parking System Chipset Market Size & Forecast, 2020-2028
4.5.1 Smart Parking System Chipset Market Size and Y-o-Y Growth
4.5.2 Smart Parking System Chipset Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Lithium Battery
5.2.2 Zn-MnO2 Battery
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Smart Electricity Meter
6.2.2 Smart Gas Meter
6.2.3 Smart Water Meter
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Parking System Chipset 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 Smart Parking System Chipset 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Lithium Battery
9.6.2 Zn-MnO2 Battery
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Smart Electricity Meter
9.10.2 Smart Gas Meter
9.10.3 Smart Water Meter
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Lithium Battery
10.6.2 Zn-MnO2 Battery
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Smart Electricity Meter
10.10.2 Smart Gas Meter
10.10.3 Smart Water Meter
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Lithium Battery
11.6.2 Zn-MnO2 Battery
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Smart Electricity Meter
11.10.2 Smart Gas Meter
11.10.3 Smart Water Meter
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Lithium Battery
12.6.2 Zn-MnO2 Battery
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Smart Electricity Meter
12.10.2 Smart Gas Meter
12.10.3 Smart Water Meter
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Lithium Battery
13.6.2 Zn-MnO2 Battery
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Smart Electricity Meter
13.10.2 Smart Gas Meter
13.10.3 Smart Water Meter
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 Smart Parking System Chipset Market: Competitive Dashboard
14.2 Global Smart Parking System Chipset Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Duracell
14.3.2 Hitachi Maxell
14.3.3 EVE Energy
14.3.4 SAFT
14.3.5 GP Batteries
14.3.6 Panasonic
14.3.7 Vitzrocell
14.3.8 Ultralife
14.3.9 HCB Battery Co., Ltd
14.3.10 FDK
14.3.11 Energizer
14.3.12 Tadiran
14.3.13 Varta
14.3.14 EnerSys Ltd
