The global automated parking management systems market is expected to reach the market value of around US$ 3400 Mn by 2026 and is anticipated to grow at a CAGR of around 14% in terms of revenue during the forecasting period 2019 – 2026.
A market for automated parking systems for parking and vehicle recovery is a technology designed to meet the growing demand for safe and convenient parking due to increases in the number of vehicles.
The report provides analysis of global Automated Parking Management Systems market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Market Insights
A technological development to improve parking management systems is key driver of the market. This has resulted in an increase in demand for automated parking management systems that can help city governments manage dispersed squares efficiently and help drivers find parking spaces. Included in this is also the ability to provide automated parking management systems with the requisite versatility and scalability.
Moreover, due to the ability to enable the collection of real-time data and to assess the availability of parking lots, automated parking management systems powered by advanced technology can be very useful, thereby benefiting users in terms of time and fuel costs.
The cost of installation is a key constraint on the automated parking management systems market. The system's installation price increases dramatically as the system is made up of large mechanical and electronic components. The malfunctioning of electronic components is another key market restriction. The modules require a great deal of maintenance, which increases the system cost. Due to the increase in the number of vehicles, an increase in demand for parking spaces has created significant opportunities for the automated parking management systems industry.
Regional Stance
Europe held significant share in the global market and anticipated to continue its dominance amid the projected time span. It is also anticipated that the European regional market will offer significant growth prospects for the sector, in particular due to the European Union's favorable government initiatives in encouraging the implementation of automated parking management systems as part of efforts to reduce pollution and ensure a safe climate.
North America held the second largest share in the global market and anticipated to continue its growth amid the forecast timeframe. The automated parking management systems market dominated the North American area. Demand for parking management systems is expected to increase in North America as U.S. and Canadian civil authorities are actively attempting to reduce traffic congestion, which has become increasingly severe due to the increasing number of vehicles.
Asia Pacific and Latin America regional markets are also expected to be gaining traction due to the growing number of communities in emerging economies. The growth rate in China, India, Brazil, and South Korea is projected to be comparatively higher.
Report coverage
The market research study on “Automated Parking Management Systems Market (By Mode of Automation: Semi Automation, Full Automation; By Technology: Sensor, Mobile, RFID; By Application: Commercial, Government, Transport Transit) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed insights on the global automated parking management systems market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global automated parking management systems market, its usage mode of automation, technology, application, and major geographic regions. The report covers global automated parking management systems market size, and segment markets by usage, by mode of automation, technology, application, and geography along with the information on companies operating in the market. The automated parking management systems market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global automated parking management systems market is segmented as below:
Market Segmentation
Automated Parking Management Systems Market By Mode of Automation
Semi Automation
Full Automation
Automated Parking Management Systems Market By Technology
Sensor
Mobile
RFID
Automated Parking Management Systems Market By Application
Commercial
Government
Transport Transit
Automated Parking Management Systems Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
The number of players in the automated parking management systems market around the world is increasing steadily. Participants include major global players such as Cisco Systems, Inc., Robert Bosch GmbH, Conduent, Inc., Streetline, Inc., Amano McGann, Inc., Altiux Innovations, and Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automated Parking Management Systems
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automated Parking Management Systems Market By Mode of Automation
1.2.2.1. Global Automated Parking Management Systems Market Revenue and Growth Rate Comparison By Mode of Automation (2015-2026)
1.2.2.2. Global Automated Parking Management Systems Market Revenue Share By Mode of Automation in 2018
1.2.2.3. Semi Automation
1.2.2.4. Full Automation
1.2.3. Automated Parking Management Systems Market By Technology
1.2.3.1. Global Automated Parking Management Systems Market Revenue and Growth Rate Comparison By Technology (2015-2026)
1.2.3.1.1. Sensor
1.2.3.1.2. Mobile
1.2.3.1.3. RFID
1.2.4. Automated Parking Management Systems Market By Application
1.2.4.1. Global Automated Parking Management Systems Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Commercial
1.2.4.3. Government
1.2.4.4. Transport Transit
1.2.5. Automated Parking Management Systems Market By Geography
1.2.5.1. Global Automated Parking Management Systems Market Revenue and Growth Rate Comparison By Geography (2015-2026)
1.2.5.2. North AmericaAutomated Parking Management Systems Market Revenue and Growth Rate(2015-2026)
1.2.5.3. EuropeAutomated Parking Management Systems Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-PacificAutomated Parking Management Systems Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin AmericaAutomated Parking Management Systems Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA)Automated Parking Management Systems Market Revenueand Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICSAND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Automated Parking Management Systems Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Automated Parking Management Systems Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Automated Parking Management Systems Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Automated Parking Management Systems Major Manufacturers in 2018
CHAPTER 4. AUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY MODE OF AUTOMATION
4.1. Global Automated Parking Management Systems RevenueBy Mode of Automation
4.2. Semi Automation
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Full Automation
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. AUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY TECHNOLOGY
5.1. Global Automated Parking Management Systems RevenueBy Technology
5.2. Sensor
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Mobile
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. RFID
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. AUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY APPLICATION
6.1. Global Automated Parking Management Systems RevenueBy Application
6.2. Commercial
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Government
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Transport Transit
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA AUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY COUNTRY
7.1. North America Automated Parking Management Systems Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Automated Parking Management Systems Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S.Automated Parking Management Systems Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 8. EUROPEAUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY COUNTRY
8.1. Europe Automated Parking Management Systems Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Automated Parking Management Systems Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFICAUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY COUNTRY
9.1. Asia-Pacific Automated Parking Management Systems Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-PacificAutomated Parking Management Systems Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICAAUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY COUNTRY
10.1. Latin America Automated Parking Management Systems Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Automated Parking Management Systems Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA AUTOMATED PARKING MANAGEMENT SYSTEMS MARKET BY COUNTRY
11.1. Middle East & Africa Automated Parking Management Systems Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Automated Parking Management Systems Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Mode of Automation, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Cisco Systems, Inc.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Robert Bosch GmbH
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Conduent, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Streetline, Inc.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Amano McGann, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Altiux Innovations
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. SKF
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. THK CO., LTD.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. The Timken Company
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. NTN Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
