Smart Parking System Management Market, Software Study, Demand, Differentiation & Applications, Swot Analysis, Investment Feasibility Analysis, and Investment Return Analysis, Forecast from 2014 to 2025

A vehicle parking system that detects a vacant spot and notifies the driver using sensors, apps & smart parking meters in available parking space is referred to as a Smart Parking System. This system enables a hassle-free vehicle parking, leading to time, cost and fuel saving. Furthermore, it improves the traffic flow and alerts the driver about unoccupied parking space, thereby increasing the overall efficiency of traffic control networks.

The use of mobile applications for parking purposes is now becoming increasingly popular. For instance, in Dec15, Parkmobile provided a convenient parking to customers of Ohio by expanding its parking options with mobile payments.

Smart Parking System Market By Type

• Robotic Parking
• Stack Parker
• Puzzle Parker
• Two Level Parking
• Car Lift
• Steel Ramp Parking
• Rotary Parking

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Market Dynamics:

Drivers:

• Reduction in traffic congestion will contribute to the growth of the world smart parking system market.
• Elimination of queues will also minimize parking-related issues, thereby encouraging the concept of smart parking system at domestic and commercial spots.

Restraints:

• Lack of awareness concerning smart parking is likely to hamper the market growth.

Market Players:

Key players in this market are Swarco AG, Skidata AG, ParkMe, Inc., Parkmobile LLC, Urbiotica, Cisco System, Inc., Nedap N.V., Amano McGann, Smart Parking Limited and Streetline, Inc.

Smart Parking System Market By Application
• Airports
• Government and Municipalities
• Corporate Commercial Institutions

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Smart Parking System Market By Parking Site
• Off-Street Parking Site
• On-Street Parking Site

Smart Parking System Market By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe

• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific

• LAMEA
o Brazil
o Saudi Arabia
o South Africa

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Table of Content for Smart Parking System Market

1. Executive summary

1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis (2014-2016)

2. Introduction

2.1. Report description
2.2. Scope and definitions
2.3. Research methodology

3. Market landscape

3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter’s analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global smart parking system market shares analysis, 2014-2025

Continued…

List of Tables for Smart Parking System Market
Contain 42 Tables

List of Figures for Smart Parking System Market
Contain 50 Figures

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