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2023 Smart Parking Market - Revenue, Trends, Growth Opportunities, Competition, COVID Strategies, Regional Analysis and Future outlook to 2030 (by products, applications, end cases)

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    Report

  • 146 Pages
  • September 2023
  • Region: Global
  • OG Analysis
  • ID: 5355844
UP TO OFF until Aug 31st 2024

Smart Parking Market Overview

Smart Parking Market Research Report is comprehensive research with in-depth data and contemporary analysis of the Smart Parking market at a global, regional and key country level, covering different sub-segments of the industry.

The automotive industry is set to experience a few structural changes in the near term due to the rapid developments in novel technologies. Artificial intelligence (AI) and machine learning will significantly transform the manufacturing process improving robotic efficiency, accuracy, and consistency. Level 2 automation including active safety systems and driver assistance is allowing OEMs to add attractive features and bolster revenue growth. However, the full-fledged rollout of level 4 autonomous vehicles is expected to witness further delays for the technology to mature and for consumers to accept.

Impact of COVID-19 on Smart Parking market

Smart Parking market is quickly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period driven by the economic revival in most of the developing nations. Frequent suspension of public transport systems coupled with the highly contagious nature of the virus propelled the need for passenger cars leading to the derived demand for Smart Parking products.

However, unprecedented situations due to expected third and further waves of the pandemic are creating a gloomy outlook. This study endeavors to evaluate different scenarios of COVID impact on the future of the Smart Parking market from 2021 to 2028.

Smart Parking Market Structure and Strategies of key competitors

Companies operating in Smart Parking business are strategizing moves to enhance their market share highlighting their USP statements, diversifying product folio, and adding attractive features being a few of the key winning strategies. The report offers detailed profiles of top companies serving the Smart Parking value chain along with their strategies for the near, medium, and long term period.

Smart Parking Market Trends, Growth Opportunities, and Forecast Scenarios to 2028

Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the Smart Parking supply chain posing challenges for manufactures in the Smart Parking industry. Intense competition, fluctuating prices, and shifting OEM preferences are expected to be the major challenges for Smart Parking Market during the forecast period.

The fast pace recovery of developing economies leading to increased disposable income will support the Smart Parking market demand between 2021 and 2028.

The Smart Parking research report portrays the latest trends shaping the Smart Parking industry along with key demand drivers and potential challenges anticipated for the market during the outlook period.

Smart Parking Market Analysis by Types, Applications and Regions

The research estimates global Smart Parking market revenues in 2021, considering the Smart Parking market prices, supply, demand, and trade analysis across regions. A detailed market share and penetration of different types, processes, and geographies in the Smart Parking market from 2001 to 2028 is included.

The report covers North America, Europe, Asia Pacific, Middle East, Africa, and LATAM Smart Parking market statistics from 2020 to 2028 with further division by leading product types, processes, and distribution channels of Smart Parking. The status of the Smart Parking market in 16 key countries over the world is elaborated to enable an in-depth understanding of the Smart Parking industry.

What's Included in the Report

  • Global Smart Parking market size and growth projections, 2020-2028
  • COVID impact on Smart Parking industry with future scenarios
  • Smart Parking market size, share, and outlook across 5 regions and 16 countries, 2020-2028
  • Smart Parking market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2020-2028
  • Short and long term Smart Parking market trends, drivers, restraints, and opportunities
  • Porter’s Five forces analysis, Technological developments in Smart Parking market, Smart Parking supply chain analysis
  • Smart Parking trade analysis, Smart Parking market price analysis, Smart Parking supply/demand
  • Profiles of 5 leading companies in the industry-overview, key strategies, financials, and products
  • Latest Smart Parking market news and developments

Who can benefit from this research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways
1. The report provides 2021 Smart Parking market sales data at the global, regional, and key country level with a detailed outlook to 2028 allowing companies to calculate their market share and analyze prospects, and uncover new markets, and plan market entry strategy.
2. The research includes the Smart Parking market split by different types and applications. This segmentation helps managers plan their products and budgets based on future growth rates of each segment
3. The Smart Parking market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigate risks
4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
5. The study assists investors in analyzing Smart Parking business prospects by region, key countries, and top companies' information to channel their investments.

Additional support

  • All the data presented in tables and charts of the report is provided in a separate Excel document
  • Print authentication allowed on purchase of online versions
  • 10% free customization to include any specific data/analysis to match with the requirement
  • 3 months of analyst support

This product will be delivered within 1-3 business days.

Table of Contents

1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global Smart Parking Market Introduction, 2021
2.1 Smart Parking Industry Overview
2.2 Research Methodology
3. Smart Parking Market Analysis
3.1 Smart Parking Market Trends to 2028
3.2 Future Opportunities in Smart Parking Market
3.3 Dominant Applications of Smart Parking to 2028
3.4 Key Types of Smart Parking to 2028
3.5 Leading End Uses of Smart Parking Market to 2028
3.6 High Prospect Countries for Smart Parking Market to 2028
4. Smart Parking Market Drivers and Challenges
4.1 Key Drivers Fuelling the Smart Parking Market Growth to 2028
4.2 Major Challenges in the Smart Parking industry
4.3 Impact of COVID on Smart Parking Market to 2028
5 Five Forces Analysis for Global Smart Parking Market
5.1 Smart Parking Industry Attractiveness Index, 2021
5.2 Ranking Methodology
5.3 Threat of New Entrants
5.4 Bargaining Power of Suppliers
5.5 Bargaining Power of Buyers
5.6 Intensity of Competitive Rivalry
5.7 Threat of Substitutes
6. Global Smart Parking Market Share, Structure, and Outlook
6.1 Smart Parking Market Sales Outlook, 2022-2028 ($ Million)
6.1 Global Smart Parking Market Sales Outlook by Type, 2022-2028 ($ Million)
6.2 Global Smart Parking Market Sales Outlook by Application, 2022-2028 ($ Million)
6.3 Global Smart Parking Market Revenue Outlook by End-User, 2022-2028 ($ Million)
6.4 Global Smart Parking Market Revenue Outlook by Region, 2022-2028 ($ Million)
7. Asia Pacific Smart Parking Market Size, Share, Competition and Outlook
7.1 Asia Pacific Market Findings, 2022
7.2 Asia Pacific Smart Parking Market Forecast by Type, 2022-2028
7.3 Asia Pacific Smart Parking Market Forecast by Application, 2022-2028
7.4 Asia Pacific Smart Parking Revenue Forecast by End-User, 2022-2028
7.5 Asia Pacific Smart Parking Revenue Forecast by Country, 2022-2028
7.6 Leading Companies in Asia Pacific Smart Parking Industry
8. Europe Smart Parking Market Trends, Outlook, and Growth Prospects
8.1 Europe Key Findings, 2022
8.2 Europe Smart Parking Market Size and Share by Type, 2022-2028
8.3 Europe Smart Parking Market Size and Share by Application, 2022-2028
8.4 Europe Smart Parking Market Size and Share by End-User, 2022-2028
8.5 Europe Smart Parking Market Size and Share by Country, 2022-2028
8.6 Leading Companies in Europe Smart Parking Industry
9. North America Smart Parking Market Trends, Outlook, and Growth Prospects
9.1 North America Key Findings, 2022
9.2 North America Smart Parking Market Outlook by Type, 2022-2028
9.3 North America Smart Parking Market Outlook by Application, 2022-2028
9.4 North America Smart Parking Market Outlook by End-User, 2022-2028
9.5 North America Smart Parking Market Outlook by Country, 2022-2028
9.6 Leading Companies in North America Smart Parking Business
10. Latin America Smart Parking Market Drivers, Challenges, and Growth Prospects
10.1 Latin America Key Findings, 2022
10.2 Latin America Smart Parking Market Future by Type, 2022-2028
10.3 Latin America Smart Parking Market Future by Application, 2022-2028
10.4 Latin America Smart Parking Market Analysis by End-User, 2022-2028
10.5 Latin America Smart Parking Market Analysis by Country, 2022-2028
10.6 Leading Companies in Latin America Smart Parking Industry
11. Middle East Africa Smart Parking Market Outlook and Growth Prospects
11.1 Middle East Africa Key Findings, 2022
11.2 Middle East Africa Smart Parking Market Share by Type, 2022-2028
11.3 Middle East Africa Smart Parking Market Share by Application, 2022-2028
11.3 Middle East Africa Smart Parking Market Forecast by End-User, 2022-2028
11.4 Middle East Africa Smart Parking Market Forecast by Country, 2022-2028
11.5 Leading Companies in Middle East Africa Smart Parking Business
12. Smart Parking Market Structure and Competitive Landscape
12.1 Key Companies in Smart Parking Business
12.2 Smart Parking Key Player Benchmarking
12.3 Smart Parking Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review
14. Latest News, Deals, and Developments in Smart Parking Market
15 Appendix
15.1 Publisher Expertise
15.2 Smart Parking Industry Report Sources and Methodology

Methodology

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