The global smart parking system market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for smart parking systems in residential and commercial use, as well as government use. The increasing number of vehicles on roads has led to an increase in traffic congestion and pollution levels, which has resulted in increased demand for smart parking systems that help reduce these problems.
The global smart parking system market is segmented by type into OStreet (off-street), OfStreet (on-street) and Smart Parking System; by application into Commercial Use, Residential Use and Government Use; and by region into North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
Some Of The Growth Factors Of This Market:
- Smart parking systems are a cost-effective way to manage parking spaces and reduce congestion.
- The need for smart parking systems is expected to grow as the population increases and more people drive cars.
- Parking space management is becoming increasingly important as cities become more congested with traffic, which leads to increased pollution levels and higher rates of accidents.
- Smart parking systems can help reduce the number of cars on the road by making it easier for drivers to find available spaces in their vicinity, which will also help reduce traffic congestion and pollution levels in urban areas.
- As cities become more congested with traffic, there is an increasing need for smart parking solutions that can help drivers find available spaces near them.
Industry Growth Insights published a new data on “Smart Parking System Market”. The research report is titled “Smart Parking System Market research by Types (On-Street, Off-Street, Smart Parking Syste), By Applications (Commercial Use, Residential Use, Government Use), By Players/Companies 3M, Amano Corporation, Cubic Corporation, Thales, Kapsch TrafficCom AG, Nortech Control Systems Limited, Siemens, Swarco AG, Fujica, Imtech, Imtech, Xerox Corporation, Smart Parking Syste”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Parking System Market Research Report
By Type
On-Street, Off-Street, Smart Parking Syste
By Application
Commercial Use, Residential Use, Government Use
By Companies
3M, Amano Corporation, Cubic Corporation, Thales, Kapsch TrafficCom AG, Nortech Control Systems Limited, Siemens, Swarco AG, Fujica, Imtech, Imtech, Xerox Corporation, Smart Parking Syste
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Smart Parking System Market Report Segments:
The global Smart Parking System market is segmented on the basis of:
Types
On-Street, Off-Street, Smart Parking Syste
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 Use, Residential Use, Government Use
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:
- 3M
- Amano Corporation
- Cubic Corporation
- Thales
- Kapsch TrafficCom AG
- Nortech Control Systems Limited
- Siemens
- Swarco AG
- Fujica
- Imtech
- Imtech
- Xerox Corporation
- Smart Parking Syste
Highlights of The Smart Parking 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:
- On-Street
- Off-Street
- Smart Parking Syste
- By Application:
- Commercial Use
- Residential Use
- Government Use
- 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 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 System (SPS) is a type of parking management system that uses sensors and data analytics to optimize the use of parking spaces. SPSs can help reduce congestion in parking lots, improve traffic flow, and increase revenue for businesses.
Some of the key players operating in the smart parking system market are 3M, Amano Corporation, Cubic Corporation, Thales, Kapsch TrafficCom AG, Nortech Control Systems Limited, Siemens, Swarco AG, Fujica, Imtech, Imtech, Xerox Corporation, Smart Parking Syste.
The smart parking system market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Parking 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 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 System Market - Supply Chain
4.5. Global Smart Parking System Market Forecast
4.5.1. Smart Parking System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Parking System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Parking System Market Absolute $ Opportunity
5. Global Smart Parking 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 System Market Size and Volume Forecast by Type
5.3.1. On-Street
5.3.2. Off-Street
5.3.3. Smart Parking Syste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Parking 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 System Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Residential Use
6.3.3. Government Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Parking 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 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 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 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 System Demand Share Forecast, 2019-2026
9. North America Smart Parking 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 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 System Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Residential Use
9.4.3. Government Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Parking System Market Size and Volume Forecast by Type
9.7.1. On-Street
9.7.2. Off-Street
9.7.3. Smart Parking Syste
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 System Demand Share Forecast, 2019-2026
10. Latin America Smart Parking 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 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 System Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Residential Use
10.4.3. Government Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Parking System Market Size and Volume Forecast by Type
10.7.1. On-Street
10.7.2. Off-Street
10.7.3. Smart Parking Syste
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 System Demand Share Forecast, 2019-2026
11. Europe Smart Parking 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 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 System Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Residential Use
11.4.3. Government Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Parking System Market Size and Volume Forecast by Type
11.7.1. On-Street
11.7.2. Off-Street
11.7.3. Smart Parking Syste
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projetions 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 System Demand Share, 2019-2026
12. Asia Pacific Smart Parking 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 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 System Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Residential Use
12.4.3. Government Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Parking System Market Size and Volume Forecast by Type
12.7.1. On-Street
12.7.2. Off-Street
12.7.3. Smart Parking Syste
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 System Demand Share, 2019-2026
13. Middle East & Africa Smart Parking 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 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 System Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Residential Use
13.4.3. Government Use
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 System Market Size and Volume Forecast by Type
13.7.1. On-Street
13.7.2. Off-Street
13.7.3. Smart Parking Syste
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 System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Parking System Market: Market Share Analysis
14.2. Smart Parking System Distributors and Customers
14.3. Smart Parking System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Amano Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cubic Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thales
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kapsch TrafficCom AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nortech Control Systems Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Swarco AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fujica
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Imtech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Imtech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xerox Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Smart Parking Syste
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
