The global smart parking management system market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing urbanization and population, growing demand for parking spaces in residential areas, and rising need for efficient parking management systems.
The global smart parking management system market has been segmented on the basis of type into close parking system, middle distance parking system, and long distance parking system. The close parking system segment accounted for the largest share of the global smart parking management systems market in 2018 owing to its high adoption rate among enterprises and institutions. The middle distance segment is expected to grow at a higher CAGR during the forecast period due to its high adoption rate among schools and hospitals. The long distance segment is expected to grow at a lower CAGR during the forecast period due to its low adoption rate among enterprises and institutions as well as factories.
On the basis of application, this market has been categorized into enterprise & institution applications (close), school applications (middle), hospital applications (middle), factory applications (long). Close application accounted for more than half of this market in 2018 owing to its high adoption rates among enterprises & institutions such as offices or malls that have limited space available for car parks or have limited space available on their premises; it also helps reduce traffic congestion near these establishments by reducing vehicle trips per day which leads them towards using public transport instead of private vehicles; it also helps reduce carbon emissions by reducing vehicle trips per day which leads them towards using public transport instead of private vehicles; it also helps reduce carbon emissions by reducing vehicle trips per day which leads them towards using public transport instead of private vehicles; it also helps reduce carbon emissions by reducing vehicle trips per day which leads them towards using public transport instead of private vehicles; it also helps reduce carbon emissions by reducing vehicle trips per day which leads them towards using public transportation instead of private vehicles etc; Middle application accounted for less than half share in 2018 owing mainly because most schools are located within walking distances from residential areas where people can park their cars without any hassle while hospitals are usually located far away from residential areas where people need cars or other modes like buses etc; Factory application accounted not more than 10% share in 2018 because most factories are located outside city limits where there are no restrictions on car parks unlike cities where there are strict regulations about car parks etc; On basis region North America accounted more than 50% share followed Europe with less than 30%; Asia Pacific with less than 10%; Latin America with less than 5%.
Some Of The Growth Factors Of This Market:
- Smart parking management system market growth is driven by the need to reduce traffic congestion and pollution in urban areas.
- Smart parking management system market growth is also driven by the need for more efficient use of space in urban areas, which can be achieved through smart parking management systems that allow for more cars to park per square meter of space.
- The increasing number of vehicles on the road will drive demand for smart parking management systems, as there will be a greater need to find ways to accommodate them all in an efficient manner.
- Increasing awareness about environmental issues and sustainability among consumers has led many companies and organizations around the world to adopt sustainable practices such as reducing their carbon footprint or using renewable energy sources.
Industry Growth Insights published a new data on “Smart parking management system Market”. The research report is titled “Smart parking management system Market research by Types (Close parking system, Middle distance parking system, Long - distance parking system), By Applications (Enterprises and institutions, Schools, Hospitals, Factory, Others), By Players/Companies Guangdong AKE Technology, Siemens, AMCO, Streetline, Horoad, Jieshun, Dongyang Menics, Adax Security Systems, COMP9”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart parking management system Market Research Report
By Type
Close parking system, Middle distance parking system, Long - distance parking system
By Application
Enterprises and institutions, Schools, Hospitals, Factory, Others
By Companies
Guangdong AKE Technology, Siemens, AMCO, Streetline, Horoad, Jieshun, Dongyang Menics, Adax Security Systems, COMP9
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Smart parking management system Market Report Segments:
The global Smart parking management system market is segmented on the basis of:
Types
Close parking system, Middle distance parking system, Long - distance parking system
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
Enterprises and institutions, Schools, Hospitals, Factory, Others
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:
- Guangdong AKE Technology
- Siemens
- AMCO
- Streetline
- Horoad
- Jieshun
- Dongyang Menics
- Adax Security Systems
- COMP9
Highlights of The Smart parking management system 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:
- Close parking system
- Middle distance parking system
- Long - distance parking system
- By Application:
- Enterprises and institutions
- Schools
- Hospitals
- Factory
- Others
- 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 management system 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?
A smart parking management system (SPMS) is a computer-based system that manages parking spaces, including the assignment and release of vehicles, in an organization. It uses sensors to monitor traffic patterns and occupancy levels in the lot or garage, as well as weather conditions. The SPMS can also automatically adjust rates and hours of operation based on demand.
Some of the major players in the smart parking management system market are Guangdong AKE Technology, Siemens, AMCO, Streetline, Horoad, Jieshun, Dongyang Menics, Adax Security Systems, COMP9.
The smart parking management system market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart parking management system Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart parking management system Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart parking management system Market - Supply Chain
4.5. Global Smart parking management system Market Forecast
4.5.1. Smart parking management system Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart parking management system Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart parking management system Market Absolute $ Opportunity
5. Global Smart parking management system Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart parking management system Market Size and Volume Forecast by Type
5.3.1. Close parking system
5.3.2. Middle distance parking system
5.3.3. Long - distance parking system
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart parking management system Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart parking management system Market Size and Volume Forecast by Application
6.3.1. Enterprises and institutions
6.3.2. Schools
6.3.3. Hospitals
6.3.4. Factory
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart parking management system Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart parking management system Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart parking management system Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart parking management system Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart parking management system Demand Share Forecast, 2019-2026
9. North America Smart parking management system Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart parking management system Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart parking management system Market Size and Volume Forecast by Application
9.4.1. Enterprises and institutions
9.4.2. Schools
9.4.3. Hospitals
9.4.4. Factory
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart parking management system Market Size and Volume Forecast by Type
9.7.1. Close parking system
9.7.2. Middle distance parking system
9.7.3. Long - distance parking system
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart parking management system Demand Share Forecast, 2019-2026
10. Latin America Smart parking management system Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart parking management system Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart parking management system Market Size and Volume Forecast by Application
10.4.1. Enterprises and institutions
10.4.2. Schools
10.4.3. Hospitals
10.4.4. Factory
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart parking management system Market Size and Volume Forecast by Type
10.7.1. Close parking system
10.7.2. Middle distance parking system
10.7.3. Long - distance parking system
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart parking management system Demand Share Forecast, 2019-2026
11. Europe Smart parking management system Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart parking management system Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart parking management system Market Size and Volume Forecast by Application
11.4.1. Enterprises and institutions
11.4.2. Schools
11.4.3. Hospitals
11.4.4. Factory
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart parking management system Market Size and Volume Forecast by Type
11.7.1. Clos parking system
11.7.2. Middle distance parking system
11.7.3. Long - distance parking system
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart parking management system Demand Share, 2019-2026
12. Asia Pacific Smart parking management system Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart parking management system Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart parking management system Market Size and Volume Forecast by Application
12.4.1. Enterprises and institutions
12.4.2. Schools
12.4.3. Hospitals
12.4.4. Factory
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart parking management system Market Size and Volume Forecast by Type
12.7.1. Close parking system
12.7.2. Middle distance parking system
12.7.3. Long - distance parking system
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart parking management system Demand Share, 2019-2026
13. Middle East & Africa Smart parking management system Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart parking management system Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart parking management system Market Size and Volume Forecast by Application
13.4.1. Enterprises and institutions
13.4.2. Schools
13.4.3. Hospitals
13.4.4. Factory
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart parking management system Market Size and Volume Forecast by Type
13.7.1. Close parking system
13.7.2. Middle distance parking system
13.7.3. Long - distance parking system
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart parking management system Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart parking management system Market: Market Share Analysis
14.2. Smart parking management system Distributors and Customers
14.3. Smart parking management system Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Guangdong AKE Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AMCO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Streetline
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Horoad
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jieshun
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongyang Menics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Adax Security Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMP9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
