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Published: Aug, 2016 | Pages:
78 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)
The global parking management market size is expected to reach USD 8,438.4 million by 2024 according to a new study by Grand View Research, Inc. The increased public sector funding and constructive government initiatives are presumed to strengthen the global parking management industry growth. The market is anticipated to experience a surge in the demand for parking management solutionsin the commercial and government application segments and is expected to propelthe industry growth. The emergence of smart parking systems helps inefficiently addressing the traffic woes and parking-related issues. The system helps in minimizing fuel usage and consequently reducesautomobile emissions. The industry is expected to gain tractiondue to thedevelopment of systems with sophisticated features such as handicapped parking, auto-payment options, and voice guidance enabled through mobile phone applications. An increasing number of vehicles is impacting the availability of parking lots and is consequently fueling the demand for implementing parking management solutions across the globe. The systems help in making the cities cleaner, greener, and compact. The growing smartphone penetration will benefit the industry by increasing its reach. These parking mobile applications are expected to offer local businesses an opportunity to attract their most potential customers and provide them with the best offers for customers looking for parking. Further key findings from the study suggest: The government application segment dominated the global parking management industry accounting for over 60% of the market share in 2015. The rising demand for minimizing vehicular emissions and effectively managing on-road automotive is expected to trigger the wide-scale adoption of parking management solutions in the government sector The North America regional market accounted for 40% of the overall revenue share in 2015. The rising interest of automobile manufacturers in the U.S. and Canada to develop parking management systems is projected to fuel growth in the region The demand for the parking reservation management solution segment accounted for 15% of the overall market share in 2015.This demand is expected to increase in the metropolitan cities as vehicle ownership is increasing, which is leading to parking problems. The parking reservation management reduces traffic congestion issues due to better parking space, reduced search time, cost for parking spaces, and increased parking revenue The service segment accounted for 18% of the global market share in 2015. The parking management solution providers, mobile payment companies, and parking data aggregators are changing the way parking is seen by the end-users and operators. This segment includes revenue generated from consultancy services, engineering services, and revenue generated by companies offering parking services through the mobile application. The segment is expected to be the fastest-growing component segment The key players in the industry include Amano, 3M, Cubic Corporation, Swarco AG, Siemens AG, Kapsch TrafficCom, Xerox Corporation, and IBM Corporation
Table of Contents
Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Parking management - Industry snapshot & key buying criteria, 2014 - 2024 Chapter 3. Parking Management Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects 3.3. Parking management value chain analysis 3.3.1. Vendor landscape 3.4. Parking management market dynamics 3.4.1. Market driver analysis 3.4.1.1. Increasing traffic congestion 3.4.1.2. Advancement in technology 3.4.1.3. Increasing investments in smart city projects 3.4.1.4. Growing adoption of smart parking system 3.4.2. Market restraint analysis 3.4.2.1. System integration 3.5. Key opportunities prioritized 3.6. Industry analysis - Porter's 3.7. Parking management- Key competitor analysis, 2015 3.8. Parking management market PESTEL analysis, 2015 Chapter 4. Parking management Application Outlook 4.1. Transport transit 4.1.1. Global market estimates and forecasts, 2014 - 2024 4.2. Commercial 4.2.1. Global market estimates and forecasts, 2014 - 2024 4.3. Government 4.3.1. Global market estimates and forecasts, 2014 - 2024 Chapter 5. Parking Management Parking Site Outlook 5.1. On-street parking 5.1.1. Global market estimates and forecasts, 2014 - 2024 5.2. Off-street parking 5.2.1. Global market estimates and forecasts, 2014 - 2024 Chapter 6. Parking Management Component Outlook 6.1. Hardware 6.1.1. Global market estimates and forecasts, 2014 - 2024 6.2. Software 6.2.1. Global market estimates and forecasts, 2014 - 2024 6.3. Service 6.3.1. Global market estimates and forecasts, 2014 - 2024 Chapter 7. Parking Management Solution Outlook 7.1. Access control 7.1.1. Global market estimates and forecasts, 2014 - 2024 7.2. Security & surveillance 7.2.1. Global market estimates and forecasts, 2014 - 2024 7.3. Revenue management 7.3.1. Global market estimates and forecasts, 2014 - 2024 7.4. Parking reservation management 7.4.1. Global market estimates and forecasts, 2014 - 2024 7.5. Valet parking management 7.5.1. Global market estimates and forecasts, 2014 - 2024 7.6. Other 7.6.1. Global market estimates and forecasts, 2014 - 2024 Chapter 8. Parking Management Regional Outlook 8.1. North America 8.1.1. Parking management market by application, 2014 - 2024 8.1.2. Parking management market by parking site, 2014 - 2024 8.1.3. Parking management market by component, 2014 - 2024 8.1.4. Parking management market by solution, 2014 - 2024 8.1.5. U.S. 8.1.5.1. Parking management market by application, 2014 - 2024 8.1.5.2. Parking management market by parking site, 2014 - 2024 8.1.5.3. Parking management market by component, 2014 - 2024 8.1.5.4. Parking management market by solution, 2014 - 2024 8.1.6. Canada 8.1.6.1. Parking management market by application, 2014 - 2024 8.1.6.2. Parking management market by parking site, 2014 - 2024 8.1.6.3. Parking management market by component, 2014 - 2024 8.1.6.4. Parking management market by solution, 2014 - 2024 8.1.7. Mexico 8.1.7.1. Parking management market by application, 2014 - 2024 8.1.7.2. Parking management market by parking site, 2014 - 2024 8.1.7.3. Parking management market by component, 2014 - 2024 8.1.7.4. Parking management market by solution, 2014 - 2024 8.2. Europe 8.2.1. Parking management market by application, 2014 - 2024 8.2.2. Parking management market by parking site, 2014 - 2024 8.2.3. Parking management market by component, 2014 - 2024 8.2.4. Parking management market by solution, 2014 - 2024 8.2.5. Germany 8.2.5.1. Parking management market by application, 2014 - 2024 8.2.5.2. Parking management market by parking site, 2014 - 2024 8.2.5.3. Parking management market by component, 2014 - 2024 8.2.5.4. Parking management market by solution, 2014 - 2024 8.2.6. UK 8.2.6.1. Parking management market by application, 2014 - 2024 8.2.6.2. Parking management market by parking site, 2014 - 2024 8.2.6.3. Parking management market by component, 2014 - 2024 8.2.6.4. Parking management market by solution, 2014 - 2024 8.3. Asia Pacific 8.3.1. Parking management market by application, 2014 - 2024 8.3.2. Parking management market by parking site, 2014 - 2024 8.3.3. Parking management market by component, 2014 - 2024 8.3.4. Parking management market by solution, 2014 - 2024 8.3.5. China 8.3.5.1. Parking management market by application, 2014 - 2024 8.3.5.2. Parking management market by parking site, 2014 - 2024 8.3.5.3. Parking management market by component, 2014 - 2024 8.3.5.4. Parking management market by solution, 2014 - 2024 8.3.6. India 8.3.6.1. Parking management market by application, 2014 - 2024 8.3.6.2. Parking management market by parking site, 2014 - 2024 8.3.6.3. Parking management market by component, 2014 - 2024 8.3.6.4. Parking management market by solution, 2014 - 2024 8.3.7. Japan 8.3.7.1. Parking management market by application, 2014 - 2024 8.3.7.2. Parking management market by parking site, 2014 - 2024 8.3.7.3. Parking management market by component, 2014 - 2024 8.3.7.4. Parking management market by solution, 2014 - 2024 8.4. South America 8.4.1. Parking management market by application, 2014 - 2024 8.4.2. Parking management market by parking site, 2014 - 2024 8.4.3. Parking management market by component, 2014 - 2024 8.4.4. Parking management market by solution, 2014 - 2024 8.4.5. Brazil 8.4.5.1. Parking management market by application, 2014 - 2024 8.4.5.2. Parking management market by parking site, 2014 - 2024 8.4.5.3. Parking management market by component, 2014 - 2024 8.4.5.4. Parking management market by solution, 2014 - 2024 8.5. Middle East and Africa 8.5.1. Parking management market by application, 2014 - 2024 8.5.2. Parking management market by parking site, 2014 - 2024 8.5.3. Parking management market by component, 2014 - 2024 8.5.4. Parking management market by solution, 2014 - 2024 Chapter 9. Competitive Landscape 9.1. 3M Company 9.1.1. Revenue Analysis 9.1.2. Technology Benchmarking 9.1.3. Strategic Development 9.2. Amano Corporation 9.2.1. Revenue Analysis 9.2.2. Technology Benchmarking 9.2.3. Strategic Development 9.3. Cubic Corporation 9.3.1. Revenue Analysis 9.3.2. Technology Benchmarking 9.3.3. Strategic Development 9.4. IBM Corporation 9.4.1. Revenue Analysis 9.4.2. Technology Benchmarking 9.4.3. Strategic Development 9.5. Kapsch TrafficCom 9.5.1. Revenue Analysis 9.5.2. Technology Benchmarking 9.5.3. Strategic Development 9.6. Siemens AG 9.6.1. Revenue Analysis 9.6.2. Technology Benchmarking 9.6.3. Strategic Development 9.7. Skidata 9.7.1. Revenue Analysis 9.7.2. Technology Benchmarking 9.7.3. Strategic Development 9.8. Swarco Corporation 9.8.1. Revenue Analysis 9.8.2. Technology Benchmarking 9.8.3. Strategic Development 9.9. T2 Systems 9.9.1. Revenue Analysis 9.9.2. Technology Benchmarking 9.9.3. Strategic Development 9.10. Xerox Corporation 9.10.1. Revenue Analysis 9.10.2. Technology Benchmarking 9.10.3. Strategic Development
List of Tables
TABLE 1 Parking management - Industry snapshot and key buying criteria, 2014 - 2024 TABLE 2 Global parking management market, 2014 - 2024 (USD Million) TABLE 3 Global parking management market by region, 2014 - 2024 (USD Million) TABLE 4 Global parking management market by application, 2014 - 2024 (USD Million) TABLE 5 Global parking management market by parking site, 2014 - 2024 (USD Million) TABLE 6 Global parking management market by component, 2014 - 2024 (USD Million) TABLE 7 Global parking management market by solution, 2014 - 2024 (USD Million) TABLE 8 Key industry stakeholders TABLE 9 Vendor landscape TABLE 10 Minimum dimension requirement for parking space in U.S. TABLE 11 Key parking regulation TABLE 12 Parking management - Key market driver impact TABLE 13 Estimated time wasted in traffic TABLE 14 Parking management - Key market challenge impact TABLE 15 List of key vendor TABLE 16 Parking management demand in transport transit application, 2014 - 2024 TABLE 17 Global parking management demand in transport transit application by region, 2014 - 2024 (USD Million) TABLE 18 Parking management demand in commercial application, 2014 - 2024 TABLE 19 Global parking management demand in commercial application by region, 2014 - 2024 (USD Million) TABLE 20 Parking management demand in government application, 2014 - 2024 TABLE 21 Global parking management demand in government application by region, 2014 - 2024 (USD Million) TABLE 22 On-street parking management demand, 2014 - 2024 TABLE 23 Global on-street Parking management demand by region, 2014 - 2024 (USD Million) TABLE 24 Off-street parking management demand, 2014 - 2024 TABLE 25 Global off-street parking management demand by region, 2014 - 2024 (USD Million) TABLE 26 Parking management hardware demand, 2014 - 2024 TABLE 27 Global parking management hardware demand by region, 2014 - 2024 (USD Million) TABLE 28 Parking management software demand, 2014 - 2024 TABLE 29 Global parking management software demand by region, 2014 - 2024 (USD Million) TABLE 30 Parking management service demand, 2014 - 2024 TABLE 31 Global parking management service demand by region, 2014 - 2024 (USD Million) TABLE 32 Access control parking management solution demand, 2014 - 2024 TABLE 33 Global access control parking management solution demand by region, 2014 - 2024 (USD Million) TABLE 34 Security & surveillance parking management solution demand, 2014 - 2024 TABLE 35 Global security & surveillance parking management solution demand by region, 2014 - 2024 (USD Million) TABLE 36 Revenue management parking solution demand, 2014 - 2024 TABLE 37 Global revenue management parking solution demand by region, 2014 - 2024 (USD Million) TABLE 38 Parking reservation management solution demand, 2014 - 2024 TABLE 39 Global parking reservation management solution demand by region, 2014 - 2024 (USD Million) TABLE 40 Valet parking management solution demand, 2014 - 2024 TABLE 41 Global valet parking management demand by region, 2014 - 2024 (USD Million) TABLE 42 Other parking management solution demand, 2014 - 2024 TABLE 43 Global other parking management solution demand by region, 2014 - 2024 (USD Million) TABLE 44 North America parking management market by application, 2014 - 2024 (USD Million) TABLE 45 North America market by parking site, 2014 - 2024 (USD Million) TABLE 46 North America parking management market by component, 2014 - 2024 (USD Million) TABLE 47 North America parking management market by solution, 2014 - 2024 (USD Million) TABLE 48 U.S. parking management market by application, 2014 - 2024 (USD Million) TABLE 49 U.S. parking management market by parking site, 2014 - 2024 (USD Million) TABLE 50 U.S. parking management market by component, 2014 - 2024 (USD Million) TABLE 51 U.S. parking management market by solution, 2014 - 2024 (USD Million) TABLE 52 Canada parking management market by application, 2014 - 2024 (USD Million) TABLE 53 Canada parking management market by parking site, 2014 - 2024 (USD Million) TABLE 54 Canada parking management market by component, 2014 - 2024 (USD Million) TABLE 55 Canada parking management market by solution, 2014 - 2024 (USD Million) TABLE 56 Mexico market by application, 2014 - 2024 (USD Million) TABLE 57 Mexico market by parking site, 2014 - 2024 (USD Million) TABLE 58 Mexico parking management market by component, 2014 - 2024 (USD Million) TABLE 59 Mexico parking management market by solution, 2014 - 2024 (USD Million) TABLE 60 Europe parking management market by application, 2014 - 2024 (USD Million) TABLE 61 Europe parking management market by parking site, 2014 - 2024 (USD Million) TABLE 62 Europe parking management market by component, 2014 - 2024 (USD Million) TABLE 63 Europe parking management market by solution, 2014 - 2024 (USD Million) TABLE 64 Germany parking management market by application, 2014 - 2024 (USD Million) TABLE 65 Germany parking management market by parking site, 2014 - 2024 (USD Million) TABLE 66 Germany parking management market by component, 2014 - 2024 (USD Million) TABLE 67 Germany parking management market by solution, 2014 - 2024 (USD Million) TABLE 68 UK parking management market by application, 2014 - 2024 (USD Million) TABLE 69 UK parking management market by parking site, 2014 - 2024 (USD Million) TABLE 70 UK parking management market by component, 2014 - 2024 (USD Million) TABLE 71 UK parking management market by solution, 2014 - 2024 (USD Million) TABLE 72 Asia Pacific parking management market by application, 2014 - 2024 (USD Million) TABLE 73 Asia Pacific parking management market by component, 2014 - 2024 (USD Million) TABLE 74 Asia Pacific parking management market by component, 2014 - 2024 (USD Million) TABLE 75 Asia Pacific parking management market by solution, 2014 - 2024 (USD Million) TABLE 76 China parking management market by application, 2014 - 2024 (USD Million) TABLE 77 China parking management market by parking site, 2014 - 2024 (USD Million) TABLE 78 China parking management market by component, 2014 - 2024 (USD Million) TABLE 79 China parking management market by solution, 2014 - 2024 (USD Million) TABLE 80 India parking management market by application, 2014 - 2024 (USD Million) TABLE 81 India parking management market by parking site, 2014 - 2024 (USD Million) TABLE 82 India parking management market by component, 2014 - 2024 (USD Million) TABLE 83 India parking management market by solution, 2014 - 2024 (USD Million) TABLE 84 Japan parking management market by application, 2014 - 2024 (USD Million) TABLE 85 Japan parking management market by parking site, 2014 - 2024 (USD Million) TABLE 86 Japan parking management market by component, 2014 - 2024 (USD Million) TABLE 87 Japan parking management market by solution, 2014 - 2024 (USD Million) TABLE 88 South America parking management market by application, 2014 - 2024 (USD Million) TABLE 89 South America parking management market by parking site, 2014 - 2024 (USD Million) TABLE 90 South America parking management market by component, 2014 - 2024 (USD Million) TABLE 91 South America parking management market by solution, 2014 - 2024 (USD Million) TABLE 92 Brazil parking management market by application, 2014 - 2024 (USD Million) TABLE 93 Brazil parking management market by parking site, 2014 - 2024 (USD Million) TABLE 94 Brazil parking management market by component, 2014 - 2024 (USD Million) TABLE 95 Brazil parking management market by solution, 2014 - 2024 (USD Million) TABLE 96 MEA parking management market by application, 2014 - 2024 (USD Million) TABLE 97 MEA parking management market by parking site, 2014 - 2024 (USD Million) TABLE 98 MEA parking management market by component, 2014 - 2024 (USD Million) TABLE 99 MEA parking management market by solution, 2014 - 2024 (USD Million)
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