Smart Parking Systems Market to 2025 - Global Analysis and Forecast by Parking Site, Components and End-user Industry

  • ID: 3641368
  • Report
  • Region: Global
  • 150 Pages
  • The Insight Partners
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Proliferation of IoT Coupled with Rising Implementation of Smart City Programs to Boost the Smart Parking Systems Market at a CAGR of 19.9%

FEATURED COMPANIES

  • Amano McGann, Inc.
  • Cisco Systems, Inc.
  • Kapsch
  • Nedap N.V
  • Parkmobile, LLC
  • Skidata AG
  • MORE
According to a new market research study titled ‘Smart Parking Systems Market to 2025 - Global Analysis and Forecast by Parking Site, Components and End-user Industry’, the global smart parking systems market was valued at US$ 70.34 Mn in 2015 and is estimated to reach US$ 430.38 Mn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.

Parking being a challenging issue, especially in urban landscape where 30% - 40% of all traffic congestion is majorly caused by customers struggling to find a parking space. In addition, limited data availability to guide driver’s decision making leading to high amount of time being wasted further fuels to parking woes in urban areas. Also, it leads to from the damaging environmental effects such as increase in carbon dioxide emissions and sound pollution. Thus, smart parking systems address parking issues through the introduction of sensors and video-enabled parking management. Smart parking systems provide citizens with real-time information about available parking, thereby leading to reduced traffic congestion and a highly effective partnership between citizens, cities, local businesses and parking enforcement agencies. Thus, the smart parking solutions help to improve city livability.

Technological advancements such as use of mobile applications for parking guidance systems and enhanced ticketing and payment solutions are the factors expected to boost the demand for off-street parking management system market. This type of parking is beneficial to both short as well as long term parking users. However, high initial deployment cost of off-street parking systems is expected to restrict the growth of the market. The off-street parking segment leads the global smart parking systems market currently and is expected to continue its dominance during the forecast period by accounting for 71.94% of the total market revenue share in 2025.

The implementation cost of the smart parking technology is expensive as compared to other non-technical parking methods, thereby it is currently being primarily adopted by the developed countries. In addition, off-street parking systems require more physical changes as compared to on-street parking system. This factor further hampers the market growth as a number of regions worldwide are lagging in the development of telecom and overall infrastructure.

The global smart parking systems market has been segmented on the basis of components into hardware, software and services. The global smart parking systems market is further segmented on the basis of parking site by on-street parking and off-street parking. Geographically, the global smart parking system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America.

Currently, smart parking systems have seen a significant adoption in the North American and European countries. Furthermore, with advancements in technology and infrastructure, various developing economies of APAC and MEA are expected to witness significant adoption of smart parking solutions. Thus, North America and Europe dominate the global smart parking systems market, however, they are expected to lose market share to Asia Pacific during the forecast period. APAC is expected to register a growth rate of 32.9% during 2015 to 2025.

In 2015, Brazil led the smart parking systems market in South America (SAM) and is likely to continue its dominance by expanding at a CAGR of 17.7% during the forecast period from 2015 to 2025. Brazil is expected to witness rising adoption of smart parking systems owing to decreased availability of parking spaces and rapidly growing telecommunication infrastructure. The report profiles key players such as Amano McGann, Inc., Cisco Systems, Inc., Urbiotica, Smart Parking Ltd., SKIDATA AG, SWARCO AG, Nedap N.V., Kapsch, Xerox Corp., and Parkmobile LLC.

The report segments the global smart parking systems market as follows:

Global Smart Parking Systems Market - By Parking Site
- Off-Street Parking
- On-Street Parking

Global Smart Parking Systems Market - By Components
- Hardware
- Software
- Services

Global Smart Parking Systems Market - By End-user Industry
- Transport Facilities
- Government & Municipalities
- Commercial Institutions
- Corporate Institutions

Global Smart Parking Systems Market - By Geography

North America
- U.S.
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- U.K.
- Rest of Europe

Asia Pacific (APAC)
- Japan
- China
- India
- Australia
- Rest of APAC

Middle East & Africa (MEA)
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA

South America (SAM)
- Brazil
- Rest of SAM
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amano McGann, Inc.
  • Cisco Systems, Inc.
  • Kapsch
  • Nedap N.V
  • Parkmobile, LLC
  • Skidata AG
  • MORE
1 Table of Contents
1.1 List of Tables
1.2 List of Figures

2 Introduction
2.1 Research Report Guidance

3 Key Takeaways

4 Global Smart Parking Systems Market Landscape
4.1 Overview
4.2 Market Segmentation
4.2.1 Global Smart Parking Systems Market - By Parking Site
4.2.2 Global Smart Parking Systems Market - By Components
4.2.3 Global Smart Parking Systems Market - By End-user Industry
4.2.4 Global Smart Parking Systems Market - By Geography
4.3 Value Chain Analysis

5 Global Smart Parking Systems Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 IoT Driving the Demand of Smart Parking Systems
5.1.2 Rising Implementation of Smart City Programs Expected to Bolster the Smart Parking Systems Market
5.1.3 Municipalities Switching to Smart Parking Systems
5.1.4 Rising Vehicular Population and Limited Availability of Parking Spaces
5.1.5 Need for Scalable, Flexible, Space Efficient and Easy Parking Systems
5.2 Key Market Restraints
5.2.1 Low Consumer Awareness and Limited Funding for Smart Parking Deployment
5.2.2 Interoperability and System Integration Issues
5.3 Key Market Opportunities
5.3.1 Provision of Bundled Car-Oriented Services with Smart Parking Expected to Open New Avenues for Revenue
5.3.2 Rising Interest of Major Automotive Companies in Smart Parking Systems
5.3.3 Making Smart Parking Technology Easier and Cheaper to Use
5.4 Future Trends
5.4.1 Operating on a Revenue Sharing Model
5.4.2 Switching to LoRAWAN Technology
5.4.3 Introduction of NWave Technology

6 Smart Parking Systems Market - Five Forces Analysis
6.1 Porters Five Forces Analysis
6.1.1 Bargaining Power of Suppliers
6.1.2 Bargaining Power of Buyers
6.1.3 Threat of Substitutes
6.1.4 Threat of New Entrants
6.1.5 Degree of Competition

7 Smart Parking Systems Market - Competitive Landscape
7.1 Global Smart Parking Systems Market Sales Revenue (US$ Mn), 2014 - 2025
7.2 Smart Parking Systems Market - List of Key Players by Product Portfolio, 2015
7.2.1 Global Smart Parking Systems Market - List of Key Players by Product Portfolio, 2015
7.2.2 Smart Parking Systems Market, Key Players by Region

8 Global Smart Parking Systems Market Analysis - Parking Site
8.1 Overview
8.2 Off-Street Parking
8.2.1 Overview
8.2.2 Global Off-Street Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn)
8.3 On-Street Parking
8.3.1 Overview
8.3.2 Global On-Street Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn)

9 Global Smart Parking Systems Market Analysis - Components
9.1 Overview
9.2 Hardware
9.2.1 Overview
9.2.2 Global Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn), By Hardware Components
9.3 Software
9.3.1 Overview
9.3.2 Global Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn), By Software Components
9.4 Services
9.4.1 Overview
9.4.2 Global Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn), By Services

10 Global Smart Parking Systems Market Analysis - End-user Industry
10.1 Overview
10.2 Transport Facilities
10.2.1 Overview
10.2.2 Global Smart Parking Systems Market Revenue and Forecasts across Transport Facilities to 2025 (US$ Mn)
10.3 Government & Municipalities
10.3.1 Overview
10.3.2 Global Smart Parking Systems Market Revenue and Forecasts across Government & Municipalities to 2025 (US$ Mn)
10.4 Commercial Institutions
10.4.1 Overview
10.4.2 Global Smart Parking Systems Market Revenue and Forecasts across Commercial Institutions to 2025 (US$ Mn)
10.5 Corporate Institutions
10.5.1 Overview
10.5.2 Global Smart Parking Systems Market Revenue and Forecasts across Corporate Institutions to 2025 (US$ Mn)

11 Global Smart Parking Systems Market - Geographical Analysis
11.1 Overview
11.2 North America Smart Parking Systems Market, Sales Revenue and Forecasts to 2025
11.2.1 Overview
11.2.2 North America Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn)
11.2.3 North America Smart Parking Systems Market Breakdown by Country
11.2.3.1 U.S. Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.2.3.2 Canada Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.2.3.3 Mexico Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.2.4 North America Smart Parking Systems Market Breakdown by Parking Site
11.2.5 North America Smart Parking Systems Market Breakdown by Components
11.2.6 North America Smart Parking Systems Market Breakdown by End-user Industry
11.3 Europe Smart Parking Systems Market, Sales Revenue and Forecasts to 2025
11.3.1 Overview
11.3.2 Europe Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn)
11.3.3 Europe Smart Parking Systems Market Breakdown by Country
11.3.3.1 France Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.3.3.2 Germany Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.3.3.3 Italy Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.3.3.4 Spain Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.3.3.5 U.K Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.3.3.6 Rest of Europe Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.3.4 Europe Smart Parking Systems Market Breakdown by Parking Site
11.3.5 Europe Smart Parking Systems Market Breakdown by Components
11.3.6 Europe Smart Parking Systems Market Breakdown by End-user Industry
11.4 Asia Pacific (APAC) Smart Parking Systems Market, Sales Revenue and Forecasts to 2025
11.4.1 Overview
11.4.2 Asia Pacific Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn)
11.4.3 Asia Pacific Smart Parking Systems Market Breakdown by Country
11.4.3.1 Australia Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.4.3.2 China Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.4.3.3 India Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.4.3.4 Japan Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.4.3.5 Rest of APAC Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.4.4 Asia Pacific Smart Parking Systems Market Breakdown by Parking Site
11.4.5 Asia Pacific Smart Parking Systems Market Breakdown by Components
11.4.6 Asia Pacific Smart Parking Systems Market Breakdown by End-User Industry
11.5 Middle East & Africa (MEA) Smart Parking Systems Market, Sales Revenue and Forecasts to 2025
11.5.1 Overview
11.5.2 Middle East & Africa Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Mn)
11.5.3 Middle East & Africa Smart Parking Systems Market Breakdown by Country
11.5.3.1 South Africa Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.5.3.2 Saudi Arabia Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.5.3.3 UAE Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.5.3.4 Rest of MEA Smart parking systems Revenue and Forecasts to 2025 (US$ Mn)
11.5.4 Middle East & Africa Smart Parking Systems Market Breakdown by Parking Site
11.5.5 Middle East & Africa Smart parking systems Market Breakdown by Components
11.5.6 Middle East & Africa Smart Parking Systems Market Breakdown by End-User Industry
11.6 South America (SAM) Smart Parking Systems Market, Sales Revenue and Forecasts to 2025
11.6.1 Overview
11.6.2 South America Smart Parking Systems Market Revenue and Forecasts to 2025 (US$ Bn)
11.6.3 South America Smart Parking Systems Market Breakdown by Country
11.6.3.1 Brazil Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.6.3.2 Rest of SAM Smart Parking Systems Revenue and Forecasts to 2025 (US$ Mn)
11.6.4 South America Smart Parking Systems Market Breakdown by Parking Site
11.6.5 South America Smart Parking Systems Market Breakdown by Components
11.6.6 South America Smart Parking Systems Market Breakdown by End-user Industry

12 Smart Parking Systems Market, Key Company Profiles
12.1 Amano McGann, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Cisco Systems, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Smart Parking Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Urbiotica
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 SKIDATA AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 Nedap NV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Kapsch
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 Xerox Corp.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Parkmobile, LLC
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 SWARCO AG
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments

13 Appendix
13.1 About the Publisher
13.2 Glossary of Terms
13.3 Methodology
13.3.1 Coverage
13.3.2 Secondary Research
13.3.3 Primary Research
13.4 Contact Us
13.5 Disclaimer

List of Tables:
Table 1: Operating costs for various laser types for an operation time of 10,000 hours
Table 2: Comparison of Key features of Argon/Krypton, HeCd, diode lasers, and OPSLs
Table 3: Uses of Laser Diode in Healthcare Applications
Table 4: Marking systems comparison
Table 5: Comparison of initial cost of implementing technology
Table 6: World Production and Reserves of Rare Earth Elements Minerals in 2009
Table 7: Laser comparison electrical operating cost only (Annual cost based on 1 shift (2000 hours))
Table 8: Laser Diode Market - Porters Five Forces Analysis
Table 9: Global Laser Diode Market Sales Revenue (US$ Bn), 2014 - 2025
Table 10: Laser Diode Market, Key Players by Region
Table 11: Typical Substrate Materials Used in Various Laser Diode Applications
Table 12: AlGaInP Chemical and Optical Properties (approximate figure range)
Table 13: GaN Chemical and Optical Properties (approximate figure range)
Table 14: GaAlAs Chemical and Optical Properties (approximate figure range)
Table 15: GaAlAs Laser Diode Applications at Various Frequencies
Table 16: InGaN Laser Diode Color at Various Wavelengths
Table 17: InGaN Chemical and Optical Properties (approximate figure range)
Table 18: GaInAsSb Chemical and Optical Properties (approximate figure range)
Table 19: GaAs Chemical and Optical Properties (approximate figure range)
Table 20: Blue Laser Diode Properties (approximate figure range)
Table 21: Blue-Violet Laser Diode Properties (approximate figure range)
Table 22: Infrared Laser Diode Properties (approximate figure range)
Table 23: Red Laser Diode Properties (approximate figure range)
Table 24: UV Laser Diode Properties (approximate figure range)
Table 25: Green Laser Diode Properties (approximate figure range)
Table 26: North America Laser Diode Revenue and Forecasts to 2025 - Doping Material (US$ Bn)
Table 27: North America Laser Diode Revenue and Forecasts to 2025 - Wavelength (US$ Bn)
Table 28: North America Laser Diode Revenue and Forecasts to 2025 - Application (US$ Bn)
Table 29: Europe Laser Diode Revenue and Forecasts to 2025 - Doping Material (US$ Bn)
Table 30: Europe Laser Diode Revenue and Forecasts to 2025 - Wavelength (US$ Bn)
Table 31: Europe Laser Diode Revenue and Forecasts to 2025 - Application (US$ Bn)
Table 32: Asia Pacific Laser Diode Revenue and Forecasts to 2025 - Doping Material (US$ Bn)
Table 33: Asia Pacific Laser Diode Revenue and Forecasts to 2025 - Wavelength (US$ Bn)
Table 34: Asia Pacific Laser Diode Revenue and Forecasts to 2025 - Application (US$ Bn)
Table 35: Middle East & Africa Laser Diode Revenue and Forecasts to 2025 - Doping Material (US$ Bn)
Table 36: Middle East & Africa Laser Diode Revenue and Forecasts to 2025 - Wavelength (US$ Bn)
Table 37: Middle East & Africa Laser Diode Revenue and Forecasts to 2025 - Application (US$ Bn)
Table 38: South America Laser Diode Revenue and Forecasts to 2025 - Doping Material (US$ Bn)
Table 39: South America Laser Diode Revenue and Forecasts to 2025 - Wavelength (US$ Bn)
Table 40: South America Laser Diode Revenue and Forecasts to 2025 - Application (US$ Bn)
Table 41: ASML Holding NV, SWOT Analysis
Table 42: Axcel Photonics, Inc., SWOT Analysis
Table 43: Coherent, Inc., SWOT Analysis
Table 44: IPG Photonics Corp., SWOT Analysis
Table 45: Newport Corporation, SWOT Analysis
Table 46: Panasonic Semiconductor Solutions Co., Ltd., SWOT Analysis
Table 47: Rofin-Sinar Technologies Inc., SWOT Analysis
Table 48: Sharp Corporation, SWOT Analysis
Table 49: Sumitomo Electric Industries, Ltd., SWOT Analysis
Table 50: Trumpf GmbH + Co. KG, SWOT Analysis
Table 51: Glossary of Terms, Laser Diode Market

List of Figures:
Figure 1: Laser Diode Market, Global Sales Revenue (US$ Bn) 2015 & 2025Error! Bookmark not defined
Figure 2: Global Laser Diode Market Segmentation
Figure 3: Global Laser Diode Market Segmentation
Figure 4: Global Laser Diode Market - Value Chain Analysis
Figure 5: Power of Green Laser versus Current of 808 nm Laser Diode
Figure 6: Fiber Lasers: A Truly Disruptive Technology
Figure 7: Laser Diode Market - Porters Five Forces Analysis
Figure 8: Global Laser Diode Market Sales Revenue (US$ Bn), 2013 - 2025
Figure 9: Global Laser Diode Market - Market Positioning of Key Players, 2015
Figure 10: Global Laser Diode Market Breakdown by Doping Material, 2015 (%)
Figure 11: Global Laser Diode Market Breakdown by Doping Material, 2025 (%)
Figure 12: Global AlGaInP Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 13: Global GaN Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 14: Global GaAlAs Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 15: Global InGaN Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 16: Global Other (GaInAsSb and GaAs) Laser Diodes Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 17: Global Laser Diode Market Breakdown by Wavelength, 2015 (%)
Figure 18: Global Laser Diode Market Breakdown by Wavelength, 2025 (%)
Figure 19: Global Blue Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 20: Global Blue-Violet Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 21: Global Infrared Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 22: Global Red Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 23: Global Other (Ultraviolet (UV) and Green) Laser Diodes Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 24: Global Laser Diode Market Breakdown by Application, 2015 (%)
Figure 25: Global Laser Diode Market Breakdown by Application, 2025 (%)
Figure 26: Global Automotive Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 27: Global Consumer Electronics Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 28: Global Healthcare Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 29: Global Military & Defense Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 30: Global Others (Instrumentation & Sensors, Industrial, etc.) Laser Diode Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 31: Laser Diode Market, Global Breakdown by Regions, 2015 (%)
Figure 32: Laser Diode Market, Global Breakdown by Regions, 2025 (%)
Figure 33: North America Laser Diode Market Sales Revenue and Forecasts to 2025 (US$ Bn)
Figure 34: North America Laser Diode Market Breakdown by Key Countries, 2015 (%)
Figure 35: North America Laser Diode Market Breakdown by Key Countries, 2025 (%)
Figure 36: U.S. Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 37: Canada Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 38: Mexico Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 39: North America Laser Diode Market Breakdown by Doping Material, 2015 (%)
Figure 40: North America Laser Diode Market Breakdown by Doping Material, 2025 (%)
Figure 42: North America Laser Diode Market Breakdown by Wavelength, 2015 (%)
Figure 43: North America Laser Diode Market Breakdown by Wavelength, 2025 (%)
Figure 44: North America Laser Diode Market Breakdown by Application, 2015 (%)
Figure 45: North America Laser Diode Market Breakdown by Application, 2025 (%)
Figure 46: Europe Laser Diode Market Sales Revenue and Forecasts to 2025 (US$ Bn)
Figure 47: Europe Laser Diode Market Breakdown by Key Countries, 2015 (%)
Figure 48: Europe Laser Diode Market Breakdown by Key Countries, 2025 (%)
Figure 49: France Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 50: Germany Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 51: Italy Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 52: Spain Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 53: U.K Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 54: Rest of Europe Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 55: Europe Laser Diode Market Breakdown by Doping Material, 2015 (%)
Figure 56: Europe Laser Diode Market Breakdown by Doping Material, 2025 (%)
Figure 57: Europe Laser Diode Market Breakdown by Wavelength, 2015 (%)
Figure 58: Europe Laser Diode Market Breakdown by Wavelength, 2025 (%)
Figure 59: Europe Laser Diode Market Breakdown by Application, 2015 (%)
Figure 60: Europe Laser Diode Market Breakdown by Application, 2025 (%)
Figure 61: Asia Pacific Laser Diode Market Sales Revenue (US$ Bn) and Forecasts to 2025 (US$ Bn)
Figure 62: Asia Pacific Laser Diode Market Breakdown by Key Countries, 2015 (%)
Figure 63: Asia Pacific Laser Diode Market Breakdown by Key Countries, 2025 (%)
Figure 64: Australia Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 65: China Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 66: India Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 67: Japan Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 68: Rest of APAC Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 69: Asia Pacific Laser Diode Market Breakdown by Doping Material, 2015 (%)
Figure 70: Asia Pacific Laser Diode Market Breakdown by Doping Material, 2025 (%)
Figure 71: Asia Pacific Laser Diode Market Breakdown by Wavelength, 2015 (%)
Figure 72: Asia Pacific Laser Diode Market Breakdown by Wavelength, 2025 (%)
Figure 73: Asia Pacific Laser Diode Market Breakdown by Application, 2015 (%)
Figure 74: Asia Pacific Laser Diode Market Breakdown by Application, 2025 (%)
Figure 75: Middle East & Africa Laser Diode Market Sales Revenue and Forecasts to 2025 (US$ Bn)
Figure 76: Middle East & Africa Laser Diode Market Breakdown by Key Countries, 2015 (%)
Figure 77: Middle East & Africa Laser Diode Market Breakdown by Key Countries, 2025 (%)
Figure 78: South Africa Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 79: Saudi Arabia Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 80: UAE Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 81: Rest of MEA Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 82: Middle East & Africa Laser Diode Market Breakdown by Doping Material, 2015 (%)
Figure 83: Middle East & Africa Laser Diode Market Breakdown by Doping Material, 2025 (%)
Figure 84: Middle East & Africa Laser Diode Market Breakdown by Wavelength, 2015 (%)
Figure 85: Middle East & Africa Laser Diode Market Breakdown by Wavelength, 2025 (%)
Figure 86: Middle East & Africa Laser Diode Market Breakdown by Application, 2015 (%)
Figure 87: Middle East & Africa Laser Diode Market Breakdown by Application, 2025 (%)
Figure 88: South America Laser Diode Market Sales Revenue and Forecasts to 2025 (US$ Bn)
Figure 89: South America Laser Diode Market Breakdown by Key Countries, 2015 (%)
Figure 90: South America Laser Diode Market Breakdown by Key Countries, 2025 (%)
Figure 91: Brazil Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 92: Rest of SAM Laser Diode Revenue and Forecasts to 2025 (US$ Bn)
Figure 93: South America Laser Diode Market Breakdown by Doping Material, 2015 (%)
Figure 94: South America Laser Diode Market Breakdown by Doping Material, 2025 (%)
Figure 95: South America Laser Diode Market Breakdown by Wavelength, 2015 (%)
Figure 96: South America Laser Diode Market Breakdown by Wavelength, 2025 (%)
Figure 97: South America Laser Diode Market Breakdown by Application, 2015 (%)
Figure 98: South America Laser Diode Market Breakdown by Application, 2025 (%)
Figure 99: ASML Holding NV Annual Revenue (US$ Bn)
Figure 100: ASML Holding NV Gross Profit (US$ Bn) and R&D Expenses (US$ Bn)
Figure 101: Coherent, Inc. Annual Revenue (US$ Mn)
Figure 102: Coherent, Inc. Gross Profit (US$ Bn) and R&D Expenses (US$ Mn)
Figure 103: IPG Photonics Corp. Annual Revenue (US$ Mn)
Figure 104: IPG Photonics Corp. Gross Profit (US$ Bn) and R&D Expenses (US$ Mn)
Figure 105: Newport Corporation Annual Revenue (US$ Mn)
Figure 106: Newport Corporation Gross Profit (US$ Mn) and R&D Expenses (US$ Mn)
Figure 107: Rofin-Sinar Technologies Inc. Annual Revenue (US$ Mn)
Figure 108: Rofin-Sinar Technologies Inc. Gross Profit (US$ Mn) and R&D Expenses (US$ Mn)
Figure 109: Sharp Corporation Annual Revenue (US$ Bn)
Figure 110: Sharp Corporation Gross Profit (US$ Bn) and R&D Expenses (US$ Bn)
Figure 111: Sumitomo Electric Industries, Ltd. Annual Revenue (US$ Bn)
Figure 112: Sumitomo Electric Industries, Ltd. Gross Profit (US$ Bn) and R&D Expenses (US$ Bn)
Figure 113: Trumpf GmbH + Co. KG Annual Revenue (US$ Bn)
Figure 114: Trumpf GmbH + Co. KG R&D Expenses (US$ Mn)
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amano McGann, Inc.
  • Cisco Systems, Inc.
  • Kapsch
  • Nedap N.V
  • Parkmobile, LLC
  • Skidata AG
  • MORE
Smart parking system delivers real-time statistics regarding the availability of parking space within specific site, thus allowing hassle-free automobile parking, thereby saving fuel, time, and cost. It utilizes instantaneous data collection, real-time analytics, smart payment systems and low-cost sensors that let individuals to find parking within preferred sites and pay for it in advance.

The global smart parking systems market can be segmented by parking site type into off-street parking and on-street parking. Further, the global smart parking systems market can be classified by end user industry, namely, transport facilities (such as airports, railways, bus stands, etc.), government & municipalities, commercial institutions and corporate institutions. Parking systems classifications can be based on the components into hardware, software and services. The growing demand for parking spaces and ever-increasing number of vehicles are key market drivers bolstering the smart parking systems market globally.

Once installed, the smart parking system benefits in reducing emissions from automobiles in cities by avoiding the needless circling of city blocks in the hunt of parking. It also resourcefully manages the availability of parking space and controls illegal parking. Installing smart parking systems needs information gathering and administration, integration with cell phones, and numerous hardware and software innovations. The main purpose of the car parking system are to fabricate a cost-effective model and develop a fully automated control system to alert illegally parked vehicles.

Smart parking systems are expected to make cities friendlier to residents, by easing the process of hassle-free parking. One of the foremost restraint in this market is the interference of electromagnetic field, which leads to reduced precision of vehicle detection. The errors in these sensors further creates difficulty in spontaneous allocation of parking tickets. On the other hand, the increasing merger of other automotive facilities, such as maintenance and gas filling stations, into clever parking premises is a chief trend shaping the course of the global smart parking systems market. Contrariwise, the lack of funds and public awareness in developing countries will confine the market in developing regions such as South America (SAM) and Asia Pacific (APAC).

In maximum parking spaces in the U.S., older parking meters are substituted with smart parking meters, as smart meters are more dependable than the earlier meters. In the situation of any repairing problem, smart meters automatically convey parking contractors to resolve the problem. The increased number of new cars on road worldwide, with major boom from developing economies such as APAC, is expected to increase opportunities for smart parking systems market globally. The upcoming and present smart city projects globally are further expected to generate room for the smart parking systems market. The key players in this market include Cisco Systems, Inc., Amano McGann, Inc., Smart Parking Ltd., Urbiotica, Skidata AG, Swarco AG, Parkmobile, LLC, Kapsch, and Nedap N.V among others.
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- Amano McGann, Inc.
- Cisco Systems, Inc.
- Kapsch
- Nedap N.V
- Parkmobile, LLC
- Skidata AG
- Smart Parking Ltd.
- Swarco AG
- Urbiotica
- Xerox Corp.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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