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New report examines the global smart parking system market

Industrial Market Research

Smart Parking System Market, Business Growth, Prospects and Opportunities 2026, Focusing on Top Key Vendors .

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This report, titled Global Smart Parking System Market offers an important analytical guidance on the trends and developments in this industry. The report also provides a professional and in-depth analysis on the global market while formulating industry insights into its current state of affairs.

The report offers details on the pricing structure and channels of distribution of equipment suppliers in the global industry.

The passenger car smart parking market is projected to grow at a CAGR of +18% during the forecast period, to reach a market size of USD 5.25 Billion by 2021 from USD 2.13 Billion in 2015.

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The market for park assist system is driven by factors such as increased consumer preference towards comfort and luxury, and increased competition between OEMs to offer such driver assistance features.

Additionally, government policies supporting smart parking systems is also a major demand driver for passenger car smart parking market. The U.S. National Highway Traffic Safety Administration (NHTSA) ruled that all new passenger cars shall be equipped with rear view cameras from 2018 onwards and also the Indian Ministry of Road Transport and Highway (MoRTH) is expected to make rear view sensors mandatory for all passenger vehicles in India.

The base year considered for the study is 2015, and the forecast period is 2016 to 2021.

Top Key Vendors in Market:

Altiux Innovations, Amano McGann, Amco, Bosch, Cisco Systems, Deteq Solutions, Kapsch (Streetline), Libelium, Mindteck, Nedap, ParkHelp, ParkMe, Parkmobile, Siemens, SKIDATA Group, Smart Parking Limited, Swarco AG, Urbiotica, Worldsensing, Xerox Corp

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Analysis tools such as Porter’s five forces analysis and SWOT analysis have also been implemented for analyzing the market statistics. The major practices implemented by the already well-known & renowned players for a better-quality penetration in the Global Smart Parking System Market also form a prime segment of this study.

These tactics can be employed by the imminent participants for an improved penetration in the market. The global market has also been examined in terms of revenue.

The market dynamics such as market profits, challenges, opportunities, and trends have been offered together with their one-to-one impact analysis. The impact analysis helps in collecting statistics on the future growth of the market.

The topographical subdivision of the Global Smart Parking System Market entails the prime regions in the market during the forecast period. Information on the province leading this market and the reasons for the sovereignty of this region are also some of the aspects featured under this section of the report.

The competitive landscape section of the report presents the key vendors operating in the Global Market. These competitors are analyzed based on characteristics such as their product synopsis, product frameworks, SWOT analysis, and contact information.

Report: 

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The report’s conclusion reveals the overall scope of the Global Smart Parking System Market in terms of feasibility of investments in the various segments of the market, along with a descriptive passage that outlines the feasibility of new projects that might succeed in the market in the near future.

Table of Content:

Global Smart Parking System Market Research Report 2018-2023

Chapter 1 Smart Parking System Market Overview

Chapter 2 Global Economic Impact

Chapter 3 Competition by Manufacturer

Chapter 4 Production, Revenue (Value) by Region (2018-2023)

Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2023)

Chapter 6 Production, Revenue (Value), Price Trend by Type

Chapter 7 Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Market Forecast (2018-2023)

Chapter 13 Appendix

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