Cart
0
Get 20% Free Customization In This Report
Buy this report from - $3111

Smart Parking Market by System (Guided and Smart Park), Technology (Ultrasonic, Radar, and Image), and Solution (Security & Surveillance, Valet & Parking Reservation, and License Plate Recognition) - Global Opportunity Analysis and Industry Forecast, 2017-2023

AU 172878
Pages: NA
Apr 2018 | 678 Views
face gplus_n
Author's : NA
Tables: NA
Charts: NA
twit_n pr_n

Space constraints due to urbanization has aggravated the problem of car parking. Smart parking systems provide information about available parking spaces in a particular area; thereby leading to optimized utilization of available parking spaces. This system assists in parking vehicles at the vacant positions by using sensors and real-time data. Smart Parking is becoming one of the most trending smart city solutions worldwide including airports, universities, shopping centers, and city garages. These systems have been adopted worldwide due to their ability to connect, analyze, and automate data gathered from devices.

Furthermore, the market is expected to grow at a lucrative rate during the forecast period, owing to the associated advantages such as optimized usage of parking space, reduced traffic, reduced pollution, enhanced user experience, and increased safety.

The global smart parking market is driven by increased parking concern and growth in demand for Internet of Things (IoT)-based technology. However, high implementation cost and increased cost of vehicles restrain the market growth. Conversely, initiatives to develop smart cities have propelled the market growth. Moreover, advancements in autonomous cars & smart park technology are expected to provide numerous opportunities for the market growth.

The global smart parking market is segmented based on system, technology, and solution. On the basis of system, it is bifurcated into guided and smart park. Based on technology, it is classified into ultrasonic, radar, and image.

On the basis of solution, it is categorized into security & surveillance, valet & parking reservation, and license plate recognitions. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report include Robert Bosch GmbH (Germany), Continental AG (Germany), Aisin Seiki (Japan), BMW Group (Germany), Daimler AG (Germany), Volkswagen AG (Germany), Siemens AG (Germany), Amano Corporation (Japan), Xerox Corporation (U.S.), and Cubic Corporation (U.S.).

Key Benefits

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the automotive smart parking system market.
  • In-depth analysis of the industry is provided based on the market estimations of the key segments from 2017 to 2023.
  • The report provides the quantitative analysis of the current trends and future estimations to identify the prevailing market opportunities.
  • Competitive intelligence of the industry helps in understanding the competitive scenario across geographies.

Smart Parking Market Key Segments:

System

  • Guided
  • Smart

Technology

  • Ultrasonic
  • Radar
  • Image

Solution

  • Security & Surveillance
  • Valet & Parking Reservation
  • License Plate Recognition

Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players In The Value Chain

  • Robert Bosch GmbH
  • Valeo S.A.
  • BMW Group
  • Daimler AG
  • Volkswagen AG
  • Aisin Seiki
  • Xerox Corporation
  • Cubic Corporation
  • Continental AG
  • Amano Corporation (Japan)
 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

 

Get More Information About This Report

For any queries about purchasing this report, Please fill the form below:

Please input the above text in the input box or click refresh

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 
 

FREQUENTLY ASKED
QUESTIONS?

 
 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 
 
 

PURCHASE OPTIONS

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry
 
 

Why Allied Market Research

 

Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 
 

Featured Readings

 

Get Fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts