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Smart Parking Market

Smart Parking Market Report 2022 | Market Size, Share, Trends, Insights and Opportunities

  • ID : 1509986513  |  
  • Published : Dec-2017  |  
  • Region : Global  |  
  • Pages : 170   |  
  • Publisher : BCC Research

Smart Parking Market Scope:

For the scope of this report, smart parking is defined as a vehicle parking system where a set of hardware devices and software assist the driver finding a parking spot, signaling available locations and assisting the driver in parking the vehicle. Smart parking includes both driver assistance systems (mentioned as “automotive park assist” throughout the report) that are inside the vehicle (such as sensors, display systems, etc.) as well as smart parking equipment and solutions (such as cameras, sensors, etc.) installed in the parking lot (both on-street and off-street) (this is mentioned as “assisted parking” throughout the report).

The report includes information about manufacturers and suppliers of smart parking technology products, and both are discussed and analyzed in the report. Also, the report talks about large companies that offer smart parking sensors and other products. The report also discusses companies that provide smart parking equipment and solutions through partnership with other niche technology providers. Additionally, the coverage includes various strategic initiatives and strengths of companies that are expected to help them move forward in this market.

Smart Parking Market Size and Growth Rate:

The global market for smart parking technology solutions and applications reached $13.1 billion in 2016. The market should reach $15.5 billion in 2017 and $35.3 billion by 2022, increasing at a compound annual growth rate (CAGR) of 17.9% during 2017-2022.

To calculate and segment the market, Research Cosmos has considered both hardware (equipment) and services in the smart parking technologies sector. Along with product and solutions revenue, BCC Research has also considered services revenue that a company reports within its total revenue. However, the report has excluded software, which may form a very small portion of the market and whose market value is deemed to be insignificant compared with equipment and services.

The report includes distinct types of companies such as:

  • Parking sensors and related component manufacturers.

  • Large automotive technology providers.

  • Other large technology companies.
  • Other manufacturers that market smart parking technologies as their own.

In the services segment, the report covers all forms of services such as professional services, deployment, and integration, as well as support and maintenance. However, stand-alone service providers that provide post-sales services are out of the scope of this report. Additionally, the report also excludes sales of individual components used in smart parking solution that constitute a very small part of the overall market. Further, the report does not include revenue from those automotive companies that do not have smart parking technologies and solutions of their own.

The report begins by introducing the reader to how the market for smart parking technology solutions and applications has evolved over time and how various factors impact the market. Building on this, the study proceeds to identify the following:

  • Primary forces with a direct impact on the global smart parking technology solutions and applications.
  • Secondary forces that have an indirect impact.
  • Key funding and financing in this sector.
  • Some key challenges that may hinder the growth of this market.
  • Key trends visible in the market.
  • Leading end users of smart parking technology solutions and applications.
  • Demand in North America, Europe, Asia-Pacific, Middle East and Africa (MEA) and South America for smart parking technology solutions and applications.

Key Players Profile in this Smart Parking Market are:

  • AISIN SEIKI CO. LTD.

  • AMANO CORP.

  • AMCO SA
  • CISCO SYSTEMS INC.
  • CONTINENTAL AG
  • CUBIC CORP.
  • DELPHI AUTOMOTIVE PLC
  • DETEQ SOLUTIONS
  • INRIX
  • KAPSCH TRAFFICCOM AG
  • LIBELIUM
  • MINDTECK

Smart Parking Market Segmentation Analysis:

Smart Parking Market Analysis by Type

  • Automotive Park Assist Segment
  • Assisted Parking Segment

Smart Parking Market Analysis by End User

  • Government Sector
  • Commercial Sector
  • Passenger Cars Sector

Smart Parking Market Analysis by Component

  • Cameras Segment
  • Sensors Segment
  • Electronic Control Unit Segment
  • Displays Segment

Smart Parking Market Analysis by Region

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

Report Includes

  • 80 data tables
  • An overview of the global market for smart parking technologies.
  • Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
  • Analysis of key market drivers, including the desire for luxury and increasing disposable income at the consumer level (especially in the Asia-Pacific region), strong growth of the automated vehicle's market, and the need for automotive manufacturers to distinguish their vehicles in an otherwise similar feature set.
  • A look at various strategic initiatives and strengths of companies, along with large companies that offer smart parking sensors and other products.
  • An in-depth patent analysis, specifically smart parking technologies currently under investigation or newly in the market.
  • Profiles of major manufacturers and suppliers in the industry.

Table of Contents:

Chapter 1 Introduction

Study Goals and Objectives

Reasons for Doing This Study

Scope of Report

Information Sources

Methodology

Geographic Breakdown

Analyst's Credentials

Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background

Evolution of the Smart Parking Technologies Market

Cameras

Parking Sensors

Park Assist

Fully Automatic Parking Systems

Autonomous Parking

Growth of the Smart Parking Technology Market in the Emerging Regions

India

China

Singapore

South Korea

United Arab Emirates

Brazil

New Developments in Smart Parking Technology Solutions and Applications Market

Further Shift Toward Automation

Integrated Parking Solution

Autonomous Parking

Key Stakeholders in the Market

Parking Sensors and Other Smart Parking Component Manufacturers

Large Automotive Technology Providers

Other Technology Companies

Other Manufacturers that Market Smart Parking Technologies as Their Own

Global Market Forecast of Smart Parking Technology Solutions and Applications Market

Major Market Forces

Government Policies and Regulations Supporting the Smart Parking Technologies Market

Strongly Growing Economy Leading to Increase in Number of Vehicles

Government Initiatives and Steps to Implement Smart Parking Infrastructure

Growing Knowledge and Concern About Safety

Declining Prices of Sensors and Other Smart Parking Components and Solutions

Key Strategies Used in the Global Smart Parking Technology Solutions and Applications Market

Mergers and Acquisitions

Partnerships and Joint Ventures Among Different Stakeholders

Geographic Expansion

Investment, Partnership and Integration with Parking Solution Providers

Chapter 4 Market Breakdown by Type

Automotive Park Assist Segment

Assisted Parking Segment

Chapter 5 Market Breakdown by End User

Government Sector

Commercial Sector

Passenger Cars Sector

Chapter 6 Market Breakdown by Component

Cameras Segment

Sensors Segment

Electronic Control Unit Segment

Displays Segment

Chapter 7 Market Breakdown by Region

North America

United States

Canada

Europe

Germany

United Kingdom

France

Spain

Italy

Asia-Pacific

China

Japan

Australia

India

Middle East and Africa

United Arab Emirates

Chapter 8 Patent Review

Chapter 9 Analysis of Market Opportunities

Overview

Competition Among Existing Players

Threat of New Entrants

Key Trends in the Global Smart Parking Technology Solutions and Applications Market

Continued Strong Growth of the Asia-Pacific Region

Increase in Mergers and Acquisitions

Investments and Funding Leading to New Entrants

Growing Investment and Integration with Smart Parking Solution and Technology Providers

Automation, Including Payment Automation

Industry Challenges and Concerns

High Cost of Sensors, Cameras, GPS Equipment and Other Smart Parking Components

Need to Have an Always-On Cellular Data Connection and the Cost Associated with It

Lack of Knowledge of Smart Parking

Chapter 10 Company Profiles

AISIN SEIKI CO. LTD.

Business Overview

Key Products and Services

Strengths

Challenges

ALTIUX INNOVATIONS PVT LTD.

Business Overview

Key Products and Services

Strengths

Challenges

AMANO CORP.

Business Overview

Key Products and Services

Strengths

Challenges

AMCO SA

Business Overview

Key Products and Services

Strengths

Challenges

CISCO SYSTEMS INC.

Business Overview

Key Products and Services

Strengths

Challenges

CONTINENTAL AG

Business Overview

Key Products and Services

Strengths

Challenges

CUBIC CORP.

Business Overview

Key Products and Services

Strengths

Challenges

DELPHI AUTOMOTIVE PLC

Business Overview

Key Products and Services

Strengths

Challenges

DETEQ SOLUTIONS

Business Overview

Key Products and Services

Strengths

Challenges

INRIX

Business Overview

Key Products and Services

Strengths

Challenges

KAPSCH TRAFFICCOM AG

Business Overview

Key Products and Services

Strengths

Challenges

LIBELIUM

Business Overview

Key Products and Services

Strengths

Challenges

MINDTECK

Business Overview

Key Products and Services

Strengths

Challenges

NEDAP IDENTIFICATION SYSTEMS

Business Overview

Key Products and Services

Strengths

Challenges

PARKHELP

Business Overview

Key products and Services

Strengths

Challenges

ROBERT BOSCH GMBH

Business Overview

Key Products and Services

Strengths

Challenges

SIEMENS AG

Business Overview

Key Products and Services

Strengths

Challenges

SKIDATA GROUP

Business Overview

Key Products and Services

Strengths

Challenges

SMART PARKING LTD.

Business Overview

Key Products and Services

Strengths

Challenges

SWARCO AG

Business Overview

Key Products and Services

Strengths

Challenges

TKH GROUP NV

Key Products and Services

Challenges

URBIOTICA

Business Overview

Key Products and Services

Strengths

Challenges

VALEO SA

Business Overview

Key Products and Services

Strengths

Challenges

WORLDSENSING

Business Overview

Key Products and Services

Strengths

Challenges

XEROX CORP.

Business Overview

Key Products and Services

Strengths

Challenges

Summary Table : Global Market for Smart Parking Technology Solutions and Applications, by Type, Through 2022

Table 1 : Some Key Parking Sensor and Other Smart Parking Component Manufacturing Companies

Table 2 : Some Key Large Automotive Technology and Component Manufacturing Companies

Table 3 : Some Key Technology Companies in the Global Smart Parking Technology Solutions and Applications Market

Table 4 : Global Market for Smart Parking Technology Solutions and Applications, by Technology, Through 2022

Table 5 : Key Factors Driving the Global Smart Parking Technology Solutions and Applications Market and Their Impact

Table 6 : Key Factors Driving the Global Smart Parking Technology Solutions and Applications Market and Their Impact on Various Regions

Table 7 : Some Key and Important Acquisitions in the Global Smart Parking Technology Solutions and Applications Market

Table 8 : Global Market for Smart Parking Technology Solutions and Applications, by Type of Parking, Through 2022

Table 9 : Global Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking, 2016

Table 10 : Global Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking, 2017

Table 11 : Global Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking Solution, 2022

Table 12 : Global Market for Smart Parking Technology Solutions and Applications, by Automotive Park Assist, Through 2022

Table 13 : Global Market for Smart Parking Technology Solutions and Applications, by Assisted Parking, Through 2022

Table 14 : Global Market for Smart Parking Technology Solutions and Applications, by Type of Assisted Parking, Through 2022

Table 15 : Global Market Share of Assisted Parking in Smart Parking Technology Solutions and Applications, 2016

Table 16 : Global Market Share of Assisted Parking for Smart Parking Technology Solutions and Applications, 2017

Table 17 : Global Market Share of Assisted Parking for Smart Parking Technology Solutions and Applications, 2022

Table 18 : Global Market for Automotive Park Assist Technology Solutions and Applications, by End User, Through 2022

Table 19 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by End User, 2016

Table 20 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by End User, 2017

Table 21 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by End User, 2022

Table 22 : Global Market for Assisted Parking Technology Solutions and Applications, by End User, Through 2022

Table 23 : Global Market Share of Assisted Parking Technology Solutions and Applications, by End User, 2016

Table 24 : Global Market Share of Assisted Parking Technology Solutions and Applications, by End User, 2017

Table 25 : Global Market Share of Assisted Parking Technology Solutions and Applications, by End User, 2022

Table 26 : Global Market for Smart Parking Technology Solutions and Applications, by Government Sector, Through 2022

Table 27 : Global Market for Smart Parking Technology Solutions and Applications, by Commercial Sector, Through 2022

Table 28 : Global Market for Smart Parking Technology Solutions and Applications, by Passenger Cars Sector, Through 2022

Table 29 : Global Market for Smart Parking Technology Solutions and Applications - Three Key Sectors and Their Importance

Table 30 : Global Market for Automotive Park Assist Technology Solutions and Applications, by Component, Through 2022

Table 31 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by Component, 2016

Table 32 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by Component, 2017

Table 33 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by Component, 2022

Table 34 : Global Market for Smart Parking Technology Solutions and Applications, by Cameras, Through 2022

Table 35 : Global Market for Smart Parking Technology Solutions and Applications, by Sensors, Through 2022

Table 36 : Global Market for Smart Parking Technology Solutions and Applications, by Electronic Control Units, Through 2022

Table 37 : Global Market for Smart Parking Technology Solutions and Applications, by Displays, Through 2022

Table 38 : Global Market for Smart Parking Technology Solutions and Applications, by Region, Through 2022

Table 39 : Global Market Share of Smart Parking Technology Solutions and Applications, by Region, 2016

Table 40 : Global Market Share of Smart Parking Technology Solutions and Applications, by Region, 2017

Table 41 : Global Market Share of Smart Parking Technology Solutions and Applications, by Region, 2022

Table 42 : North American Market for Smart Parking Technology Solutions and Applications, by Type, Through 2022

Table 43 : North American Market Share of Smart Parking Technology Solutions and Applications, by Type, 2016

Table 44 : North American Market Share of S

Summary Figure : Global Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 1 : Global Market for Smart Parking Technologies Solutions and Applications, by Technology, 2016-2022

Figure 2 : Global Market for Smart Parking Technology Solutions and Applications, by Type of Parking, 2016-2022

Figure 3 : Global Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking, 2016

Figure 4 : Global Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking, 2017

Figure 5 : Global Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking Solution, 2022

Figure 6 : Global Market for Smart Parking Technology Solutions and Applications, by Automotive Park Assist, 2016-2022

Figure 7 : Global Market for Smart Parking Technology Solutions and Applications, by Assisted Parking, 2016-2022

Figure 8 : Global Market for Smart Parking Technology solutions and Applications, by Type of Assisted Parking Segment, 2016-2022

Figure 9 : Global Market Share of Assisted Parking in Smart Parking Technology Solutions and Applications, 2016

Figure 10 : Global Market Share of Assisted Parking for Smart Parking Technology Solutions and Applications, 2017

Figure 11 : Global Market Share of Assisted Parking for Smart Parking Technology Solutions and Applications, 2022

Figure 12 : Global Market for Automotive Park Assist Technology Solutions and Applications, by End User, 2016-2022

Figure 13 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by End User, 2016

Figure 14 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by End User, 2017

Figure 15 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by End User, 2022

Figure 16 : Global Market for Assisted Parking Technology Solutions and Applications, by End User, 2016-2022

Figure 17 : Global Market Share of Assisted Parking Technology Solutions and Applications, by End User, 2016

Figure 18 : Global Market Share of Assisted Parking Technology Solutions and Applications, by End User, 2017

Figure 19 : Global Market Share of Assisted Parking Technology Solutions and Applications, by End User, 2022

Figure 20 : Global Market for Smart Parking Technology Solutions and Applications, by Government Sector, 2016-2022

Figure 21 : Global Market for Smart Parking Technology Solutions and Applications, by Commercial Sector, 2016-2022

Figure 22 : Global Market for Smart Parking Technology Solutions and Applications, by Passenger Cars Sector, 2016-2022

Figure 23 : Global Market for Automotive Park Assist Technology Solutions and Applications, by Component, 2016-2022

Figure 24 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by Component, 2016

Figure 25 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by Component, 2017

Figure 26 : Global Market Share of Automotive Park Assist Technology Solutions and Applications, by Component, 2022

Figure 27 : Global Market for Smart Parking Technology Solutions and Applications, by Cameras, 2016-2022

Figure 28 : Global Market for Smart Parking Technology solutions and Applications, by Sensors, 2016-2022

Figure 29 : Global Market for Smart Parking Technology Solutions and Applications, by Electronic Control Units, 2016-2022

Figure 30 : Global Market for Smart Parking Technology solutions and Applications, by Displays, 2016-2022

Figure 31 : Global Market for Smart Parking Technology Solutions and Applications, by Region, 2016-2022

Figure 32 : Global Market Share of Smart Parking Technology Solutions and Applications, by Region, 2016

Figure 33 : Global Market Share of Smart Parking Technology Solutions and Applications, by Region, 2017

Figure 34 : Global Market Share of Smart Parking Technology Solutions and Applications, by Region, 2022

Figure 35 : North American Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 36 : North American Market Share of Smart Parking Technology Solutions and Applications, by Type, 2016

Figure 37 : North American Market Share of Smart Parking Technology Solutions and Applications, by Type, 2017

Figure 38 : North American Market Share of Smart Parking Technology Solutions and Applications, by Type, 2022

Figure 39 : North American Market for Smart Parking Technology Solutions and Applications, by End User, 2016-2022

Figure 40 : North American Market Share of Smart Parking Technology Solutions and Applications, by End User, 2016

Figure 41 : North American Market Share of Smart Parking Technology Solutions and Applications, by End User, 2017

Figure 42 : North American Market Share of Smart Parking Technology Solutions and Applications, by End User, 2022

Figure 43 : U.S. Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 44 : Canadian Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 45 : European Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 46 : European Market Share of Smart Parking Technology Solutions and Applications, by Type, 2016

Figure 47 : European Market Share of Smart Parking Technology Solutions and Applications, by Type, 2017

Figure 48 : European Market for Smart Parking Technology Solutions and Applications, by Type, 2022

Figure 49 : European Market for Smart Parking Technology Solutions and Applications, by End User, 2016-2022

Figure 50 : European Market Share for Smart Parking Technology Solutions and Applications, by End User, 2016

Figure 51 : European Market Share for Smart Parking Technology Solutions and Applications, by End User, 2017

Figure 52 : European Market Share for Smart Parking Technology Solutions and Applications, by End User, 2022

Figure 53 : German Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 54 : U.K. Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 55 : French Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 56 : Spanish Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 57 : Italian Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 58 : Asia-Pacific Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 59 : Asia-Pacific Market Share for Smart Parking Technology Solutions and Applications, by Type, 2016

Figure 60 : Asia-Pacific Market Share for Smart Parking Technology Solutions and Applications, by Type, 2017

Figure 61 : Asia-Pacific Market Share for Smart Parking Technology Solutions and Applications, by Type, 2022

Figure 62 : Asia-Pacific Market for Smart Parking Technology Solutions and Applications, by End User, 2016-2022

Figure 63 : Asia-Pacific Market Share for Smart Parking Technology Solutions and Applications, by End User, 2017

Figure 64 : Asia-Pacific Market Share for Smart Parking Technology Solutions and Applications, by End User, 2017

Figure 65 : Asia-Pacific Market Share for Smart Parking Technology Solutions and Applications, by End User, 2022

Figure 66 : Chinese Market for Smart Parking Technology solutions and Applications, 2016-2022

Figure 67 : Japan Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 68 : Australian Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 69 : Indian Market for Smart Parking Technology Solutions and Applications, 2016-2022

Figure 70 : MEA Market for Smart Parking Technology Solutions and Applications, by Type, 2016-2022

Figure 71 : MEA Market Share for Smart Parking Technology Solutions and Applications, by Type, 2016

Figure 72 : MEA Market Share for Smart Parking Technology Solutions and Applications, by Type of Parking Solution, 2017

Figure 73 : MEA Market Share for Smart Parking Technology solutions and Applications, by Type, 2022

Figure 74 : MEA Market for Smart Parking Technology Solutions and Applications, by End User, 2016-2022

Figure 75 : MEA Market Share for Smart Parking Technology Solutions and Applications, by End User, 2016

Figure 76 : MEA Market Share for Smart Parking Technology Solutions and Applications, by End User, 2017

Figure 77 : MEA Market Share for Smart Parking Technology Solutions and Applications, by End User, 2022

Figure 78 : UAE Market for Smart Parking Technology solutions and Applications, 2016-2022

Figure 79 : U.S. Patent Analysis for Smart Parking Technology solutions and Applications Market, 2010-2017

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