Setting

Asia Pacific Smart Parking Market 2021-2030 by Component (Hardware, Software, Service), System (Guided, Smart), Parking Type (Off-street, On-street), Solution, Technology (Ultrasonic, Image, Radar, RFID, IoT), Vehicle Type, End User (Commercial, Government, Residential), and Country: Trend Forecast and Growth Opportunity

Published: 31 Mar 2022 | Report Code: 10248415 | Pages: 127

Asia Pacific Smart Parking Market will grow by 19.7% annually with a total addressable market cap of $34,054.2 million over 2022-2030, driven by the limited pace for smooth flow of traffic due to increasing traffic congestion, rising need for efficient land utilization and proper parking management, and technological advancements in digital and IoT based technology. Highlighted with 35 tables and 69 figures, this 127-page report “Asia Pacific Smart Parking Market 2021-2030 by Component (Hardware, Software, Service), System (Guided, Smart), Parking Type (Off-street, On-street), Solution, Technology (Ultrasonic, Image, Radar, RFID, IoT), Vehicle Type, End User (Commercial, Government, Residential), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific smart parking market and all its sub-segments through extensively detailed classifications.

 

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2030 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Five Forces

 

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific smart parking market in every aspect of the classification from perspectives of Component, System, Parking Type, Solution, Technology, Vehicle Type, End User, and Country.

 

Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2030 included in each section.

• Hardware

  o Pucks/Wireless Sensors

  o Cameras and LPRs

  o Smart Meters

  o Signages

  o Parking Gates

  o Other Hardware

• Software

  o Parking Guidance System

  o Analytics Solutions

• Service

  o Consulting Service

  o Engineering Service

  o Mobile App Parking Service

 

Based on System, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2030 included in each section.

• Guided Parking Assist System

• Smart Parking Assist System

 

By Parking Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2030 included in each section.

• Off-street Parking

• On-street Parking

 

By Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2030 included in each section.

• Ultrasonic Sensors

• Image Sensors

• Radar Sensors

• Radio Frequency Identification (RFID)

• Internet of Things (IoT)

• Other Technologies

 

By Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2030 included in each section.

• Passenger Cars

• Light Commercial Vehicles

• Heavy Commercial Vehicles

 

By End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2030 included in each section.

• Commercial Sector

• Government & Public Sector

• Residential Sector

 

Geographically, the following national/local markets are fully investigated:

• Japan

• China

• South Korea

• Australia

• India

• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

 

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2030. The breakdown of national markets by Parking Type, Solution, and Technology over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

 

Selected Key Players:

Amano McGann, Inc.

BMW AG (ParkNow GmbH, Parkmobile LLC)

CivicSmart, Inc.

Continental AG

Dongyang Menics Co., Ltd.

IEM SA

IPS Group Inc.

Klaus Multiparking Systems

ParkMe Inc.

Robert Bosch GmbH

Siemens AG

Smart Parking Limited

Swarco AG

TKH Group-Park Assist.

Urbiotica, S.L.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents:

1 Introduction    7
1.1 Industry Definition and Research Scope    7
1.1.1 Industry Definition    7
1.1.2 Research Scope    8
1.2 Research Methodology    11
1.2.1 Overview of Market Research Methodology    11
1.2.2 Market Assumption    12
1.2.3 Secondary Data    12
1.2.4 Primary Data    12
1.2.5 Data Filtration and Model Design    13
1.2.6 Market Size/Share Estimation    14
1.2.7 Research Limitations    15
1.3 Executive Summary    16
2 Market Overview and Dynamics    19
2.1 Market Size and Forecast    19
2.1.1 Impact of COVID-19 on World Economy    20
2.1.2 Impact of COVID-19 on the Market    23
2.2 Major Growth Drivers    25
2.3 Market Restraints and Challenges    30
2.4 Emerging Opportunities and Market Trends    33
2.5 Porter’s Fiver Forces Analysis    37
3 Segmentation of Asia Pacific Market by Component    41
3.1 Market Overview by Component    41
3.2 Hardware    43
3.2.1 Pucks/Wireless Sensors    45
3.2.2 Cameras and LPRs    46
3.2.3 Smart Meters    47
3.2.4 Signages    48
3.2.5 Parking Gates    49
3.2.6 Other Hardware    50
3.3 Software    51
3.3.1 Parking Guidance System    52
3.3.2 Analytics Solutions    53
3.4 Service    54
3.4.1 Consulting Service    55
3.4.2 Engineering Service    56
3.4.3 Mobile App Parking Service    57
4 Segmentation of Asia Pacific Market by System    58
4.1 Market Overview by System    58
4.2 Guided Parking Assist System    60
4.3 Smart Parking Assist System    61
5 Segmentation of Asia Pacific Market by Parking Type    62
5.1 Market Overview by Parking Type    62
5.2 Off-street Parking    64
5.3 On-street Parking    65
6 Segmentation of Asia Pacific Market by Solution    66
6.1 Market Overview by Solution    66
6.2 Security & Surveillance    68
6.3 Smart Payment Systems    69
6.4 Parking Reservation & Valet Parking    70
6.5 License Plate Recognition    71
7 Segmentation of Asia Pacific Market by Technology    72
7.1 Market Overview by Technology    72
7.2 Ultrasonic Sensors    74
7.3 Image Sensors    75
7.4 Radar Sensors    76
7.5 Radio Frequency Identification (RFID)    77
7.6 Internet of Things (IoT)    78
7.7 Other Technologies    79
8 Segmentation of Asia Pacific Market by Vehicle Type    80
8.1 Market Overview by Vehicle Type    80
8.2 Passenger Cars    82
8.3 Light Commercial Vehicles    83
8.4 Heavy Commercial Vehicles    84
9 Segmentation of Asia Pacific Market by End User    85
9.1 Market Overview by End User    85
9.2 Commercial Sector    87
9.3 Government & Public Sector    88
9.4 Residential Sector    89
10 Asia-Pacific Market 2019-2030 by Country    90
10.1 Overview of Asia-Pacific Market    90
10.2 Japan    93
10.3 China    96
10.4 Australia    98
10.5 India    100
10.6 South Korea    102
10.7 Rest of APAC Region    104
11 Competitive Landscape    106
11.1 Overview of Key Vendors    106
11.2 New Product Launch, Partnership, Investment, and M&A    110
11.3 Company Profiles    111
Amano McGann, Inc.    111
BMW AG (ParkNow GmbH, Parkmobile LLC)    113
CivicSmart, Inc.    114
Continental AG    115
Dongyang Menics Co., Ltd.    116
IEM SA    117
IPS Group Inc.    118
Klaus Multiparking Systems    119
ParkMe Inc.    120
Robert Bosch GmbH    121
Siemens AG    122
Smart Parking Limited    123
Swarco AG    124
TKH Group-Park Assist.    125
Urbiotica, S.L.    126
RELATED REPORTS    127

 

List of Tables:

Table 1. Snapshot of Asia Pacific Smart Parking Market in Balanced Perspective, 2019-2030    17
Table 2. Growth Rate of World GDP, 2020-2022    21
Table 3. Main Product Trends and Market Opportunities in Asia Pacific Smart Parking Market    33
Table 4. Asia Pacific Smart Parking Market by Component, 2019-2030, $ mn    41
Table 5. Asia Pacific Smart Parking Market: Hardware by Type, 2019-2030, $ mn    44
Table 6. Asia Pacific Smart Parking Market: Software by Type, 2019-2030, $ mn    51
Table 7. Asia Pacific Smart Parking Market: Service by Type, 2019-2030, $ mn    54
Table 8. Asia Pacific Smart Parking Market by System, 2019-2030, $ mn    58
Table 9. Asia Pacific Smart Parking Market by Parking Type, 2019-2030, $ mn    62
Table 10. Asia Pacific Smart Parking Market by Solution, 2019-2030, $ mn    66
Table 11. Asia Pacific Smart Parking Market by Technology, 2019-2030, $ mn    72
Table 12. Asia Pacific Smart Parking Market by Vehicle Type, 2019-2030, $ mn    80
Table 13. Asia Pacific Smart Parking Market by End User, 2019-2030, $ mn    85
Table 14. APAC Smart Parking Market by Country, 2019-2030, $ mn    91
Table 15. Japan Smart Parking Market by Parking Type, 2019-2030, $ mn    95
Table 16. Japan Smart Parking Market by Solution, 2019-2030, $ mn    95
Table 17. Japan Smart Parking Market by Technology, 2019-2030, $ mn    95
Table 18. China Smart Parking Market by Parking Type, 2019-2030, $ mn    97
Table 19. China Smart Parking Market by Solution, 2019-2030, $ mn    97
Table 20. China Smart Parking Market by Technology, 2019-2030, $ mn    97
Table 21. Australia Smart Parking Market by Parking Type, 2019-2030, $ mn    99
Table 22. Australia Smart Parking Market by Solution, 2019-2030, $ mn    99
Table 23. Australia Smart Parking Market by Technology, 2019-2030, $ mn    99
Table 24. India Smart Parking Market by Parking Type, 2019-2030, $ mn    101
Table 25. India Smart Parking Market by Solution, 2019-2030, $ mn    101
Table 26. India Smart Parking Market by Technology, 2019-2030, $ mn    101
Table 27. South Korea Smart Parking Market by Parking Type, 2019-2030, $ mn    103
Table 28. South Korea Smart Parking Market by Solution, 2019-2030, $ mn    103
Table 29. South Korea Smart Parking Market by Technology, 2019-2030, $ mn    103
Table 30. Smart Parking Market in Rest of APAC by Country/Region, 2019-2030, $ mn    105
Table 31. Breakdown of World Market by Key Vendor, 2020, 8
Table 32. Amano McGann, Inc.: Company Snapshot    111
Table 33. Amano McGann, Inc.: Business Segmentation    111
Table 34. Amano McGann, Inc.: Product Portfolio    112
Table 35. Amano McGann, Inc.: Revenue, 2018-2020, $ mn    112

 

List of Figures:

Figure 1. Research Method Flow Chart    11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation    14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030    16
Figure 4. Asia Pacific Smart Parking Market, 2019-2030, $ mn    19
Figure 5. Impact of COVID-19 on Business    23
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Smart Parking Market    25
Figure 7. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn    28
Figure 8. World Electric Vehicle Market by Sales Volume, 2019-2030, million units    28
Figure 9. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, )Figure 10. Primary Restraints and Impact Factors of Asia Pacific Smart Parking Market    30
Figure 11. Investment Opportunity Analysis    34
Figure 12. Porter’s Fiver Forces Analysis of Asia Pacific Smart Parking Market    37
Figure 13. Breakdown of Asia Pacific Smart Parking Market by Component, 2019-2030, % of Revenue    42
Figure 14. Asia Pacific Addressable Market Cap in 2021-2030 by Component, Value ($ mn) and Share (%)    42
Figure 15. Asia Pacific Smart Parking Market by Component: Hardware, 2019-2030, $ mn    43
Figure 16. Asia Pacific Smart Parking Market by Hardware: Pucks/Wireless Sensors, 2019-2030, $ mn    45
Figure 17. Asia Pacific Smart Parking Market by Hardware: Cameras and LPRs, 2019-2030, $ mn    46
Figure 18. Asia Pacific Smart Parking Market by Hardware: Smart Meters, 2019-2030, $ mn    47
Figure 19. Asia Pacific Smart Parking Market by Hardware: Signages, 2019-2030, $ mn    48
Figure 20. Asia Pacific Smart Parking Market by Hardware: Parking Gates, 2019-2030, $ mn    49
Figure 21. Asia Pacific Smart Parking Market by Hardware: Other Hardware, 2019-2030, $ mn    50
Figure 22. Asia Pacific Smart Parking Market by Component: Software, 2019-2030, $ mn    51
Figure 23. Asia Pacific Smart Parking Market by Software: Parking Guidance System, 2019-2030, $ mn    52
Figure 24. Asia Pacific Smart Parking Market by Software: Analytics Solutions, 2019-2030, $ mn    53
Figure 25. Asia Pacific Smart Parking Market by Component: Service, 2019-2030, $ mn    54
Figure 26. Asia Pacific Smart Parking Market by Service: Consulting Service, 2019-2030, $ mn    55
Figure 27. Asia Pacific Smart Parking Market by Service: Engineering Service, 2019-2030, $ mn    56
Figure 28. Asia Pacific Smart Parking Market by Service: Mobile App Parking Service, 2019-2030, $ mn    57
Figure 29. Breakdown of Asia Pacific Smart Parking Market by System, 2019-2030, % of Sales Revenue    59
Figure 30. Asia Pacific Addressable Market Cap in 2021-2030 by System, Value ($ mn) and Share (%)    59
Figure 31. Asia Pacific Smart Parking Market by System: Guided Parking Assist System, 2019-2030, $ mn    60
Figure 32. Asia Pacific Smart Parking Market by System: Smart Parking Assist System, 2019-2030, $ mn    61
Figure 33. Breakdown of Asia Pacific Smart Parking Market by Parking Type, 2019-2030, % of Sales Revenue    63
Figure 34. Asia Pacific Addressable Market Cap in 2021-2030 by Parking Type, Value ($ mn) and Share (%)    63
Figure 35. Asia Pacific Smart Parking Market by Parking Type: Off-street Parking, 2019-2030, $ mn    64
Figure 36. Asia Pacific Smart Parking Market by Parking Type: On-street Parking, 2019-2030, $ mn    65
Figure 37. Breakdown of Asia Pacific Smart Parking Market by Solution, 2019-2030, % of Revenue    67
Figure 38. Asia Pacific Addressable Market Cap in 2021-2030 by Solution, Value ($ mn) and Share (%)    67
Figure 39. Asia Pacific Smart Parking Market by Solution: Security & Surveillance, 2019-2030, $ mn    68
Figure 40. Asia Pacific Smart Parking Market by Solution: Smart Payment Systems, 2019-2030, $ mn    69
Figure 41. Asia Pacific Smart Parking Market by Solution: Parking Reservation & Valet Parking, 2019-2030, $ mn    70
Figure 42. Asia Pacific Smart Parking Market by Solution: License Plate Recognition, 2019-2030, $ mn    71
Figure 43. Breakdown of Asia Pacific Smart Parking Market by Technology, 2019-2030, % of Revenue    73
Figure 44. Asia Pacific Addressable Market Cap in 2021-2030 by Technology, Value ($ mn) and Share (%)    73
Figure 45. Asia Pacific Smart Parking Market by Technology: Ultrasonic Sensors, 2019-2030, $ mn    74
Figure 46. Asia Pacific Smart Parking Market by Technology: Image Sensors, 2019-2030, $ mn    75
Figure 47. Asia Pacific Smart Parking Market by Technology: Radar Sensors, 2019-2030, $ mn    76
Figure 48. Asia Pacific Smart Parking Market by Technology: Radio Frequency Identification (RFID), 2019-2030, $ mn    77
Figure 49. Asia Pacific Smart Parking Market by Technology: Internet of Things (IoT), 2019-2030, $ mn    78
Figure 50. Asia Pacific Smart Parking Market by Technology: Other Technologies, 2019-2030, $ mn    79
Figure 51. Breakdown of Asia Pacific Smart Parking Market by Vehicle Type, 2019-2030, % of Revenue    80
Figure 52. Asia Pacific Addressable Market Cap in 2021-2030 by Vehicle Type, Value ($ mn) and Share (%)    81
Figure 53. Asia Pacific Smart Parking Market by Vehicle Type: Passenger Cars, 2019-2030, $ mn    82
Figure 54. Asia Pacific Smart Parking Market by Vehicle Type: Light Commercial Vehicles, 2019-2030, $ mn    83
Figure 55. Asia Pacific Smart Parking Market by Vehicle Type: Heavy Commercial Vehicles, 2019-2030, $ mn    84
Figure 56. Breakdown of Asia Pacific Smart Parking Market by End User, 2019-2030, % of Revenue    85
Figure 57. Asia Pacific Addressable Market Cap in 2021-2030 by End User, Value ($ mn) and Share (%)    86
Figure 58. Asia Pacific Smart Parking Market by End User: Commercial Sector, 2019-2030, $ mn    87
Figure 59. Asia Pacific Smart Parking Market by End User: Government & Public Sector, 2019-2030, $ mn    88
Figure 60. Asia Pacific Smart Parking Market by End User: Residential Sector, 2019-2030, $ mn    89
Figure 61. Breakdown of APAC Smart Parking Market by Country, 2019 and 2030, % of Revenue    91
Figure 62. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%)    92
Figure 63. Smart Parking Market in Japan, 2019-2030, $ mn    94
Figure 64. Smart Parking Market in China, 2019-2030, $ mn    96
Figure 65. Smart Parking Market in Australia, 2019-2030, $ mn    98
Figure 66. Smart Parking Market in India, 2019-2030, $ mn    100
Figure 67. Smart Parking Market in South Korea, 2019-2030, $ mn    102
Figure 68. Smart Parking Market in Rest of APAC, 2019-2030, $ mn    104
Figure 69. Growth Stage of Asia Pacific Smart Parking Industry over the Forecast Period    106
Selected Key Players:

Amano McGann, Inc.
BMW AG (ParkNow GmbH, Parkmobile LLC)
CivicSmart, Inc.
Continental AG
Dongyang Menics Co., Ltd.
IEM SA
IPS Group Inc.
Klaus Multiparking Systems
ParkMe Inc.
Robert Bosch GmbH
Siemens AG
Smart Parking Limited
Swarco AG
TKH Group-Park Assist.
Urbiotica, S.L. 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)