Setting

Europe 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: 10248414 | Pages: 130

Europe Smart Parking Market was valued at $1,623.2 million in 2021 and will grow by 17.6% annually over 2021-2030, 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 38 tables and 70 figures, this 130-page report “Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:

• Germany

• UK

• France

• Spain

• Italy

• Russia

• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

 

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    8
1.1 Industry Definition and Research Scope    8
1.1.1 Industry Definition    8
1.1.2 Research Scope    9
1.2 Research Methodology    12
1.2.1 Overview of Market Research Methodology    12
1.2.2 Market Assumption    13
1.2.3 Secondary Data    13
1.2.4 Primary Data    13
1.2.5 Data Filtration and Model Design    14
1.2.6 Market Size/Share Estimation    15
1.2.7 Research Limitations    16
1.3 Executive Summary    17
2 Market Overview and Dynamics    20
2.1 Market Size and Forecast    20
2.1.1 Impact of COVID-19 on World Economy    21
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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 European Market 2019-2030 by Country    90
10.1 Overview of European Market    90
10.2 Germany    93
10.3 U.K.    96
10.4 France    99
10.5 Spain    101
10.6 Italy    103
10.7 Russia    105
10.8 Rest of European Market    107
11 Competitive Landscape    109
11.1 Overview of Key Vendors    109
11.2 New Product Launch, Partnership, Investment, and M&A    113
11.3 Company Profiles    114
Amano McGann, Inc.    114
BMW AG (ParkNow GmbH, Parkmobile LLC)    117
CivicSmart, Inc.    122
Continental AG    123
Dongyang Menics Co., Ltd.    127
IEM SA    129
IPS Group Inc.    131
Klaus Multiparking Systems    134
ParkMe Inc.    136
Robert Bosch GmbH    138
Siemens AG    141
Smart Parking Limited    145
Swarco AG    147
TKH Group-Park Assist.    150
Urbiotica, S.L.    152
RELATED REPORTS    155

 

List of Tables:

Table 1. Snapshot of Europe Smart Parking Market in Balanced Perspective, 2021-2030    18
Table 2. World Economic Outlook, 2021-2031    22
Table 3. Main Product Trends and Market Opportunities in Europe Smart Parking Market    33
Table 4. Europe Smart Parking Market by Component, 2019-2030, $ mn    41
Table 5. Europe Smart Parking Market: Hardware by Type, 2019-2030, $ mn    44
Table 6. Europe Smart Parking Market: Software by Type, 2019-2030, $ mn    51
Table 7. Europe Smart Parking Market: Service by Type, 2019-2030, $ mn    54
Table 8. Europe Smart Parking Market by System, 2019-2030, $ mn    58
Table 9. Europe Smart Parking Market by Parking Type, 2019-2030, $ mn    62
Table 10. Europe Smart Parking Market by Solution, 2019-2030, $ mn    66
Table 11. Europe Smart Parking Market by Technology, 2019-2030, $ mn    72
Table 12. Europe Smart Parking Market by Vehicle Type, 2019-2030, $ mn    80
Table 13. Europe Smart Parking Market by End User, 2019-2030, $ mn    85
Table 14. Europe Smart Parking Market by Country, 2019-2030, $ mn    92
Table 15. Germany Smart Parking Market by Parking Type, 2019-2030, $ mn    94
Table 16. Germany Smart Parking Market by Solution, 2019-2030, $ mn    94
Table 17. Germany Smart Parking Market by Technology, 2019-2030, $ mn    94
Table 18. U.K. Smart Parking Market by Parking Type, 2019-2030, $ mn    98
Table 19. U.K. Smart Parking Market by Solution, 2019-2030, $ mn    98
Table 20. U.K. Smart Parking Market by Technology, 2019-2030, $ mn    98
Table 21. France Smart Parking Market by Parking Type, 2019-2030, $ mn    100
Table 22. France Smart Parking Market by Solution, 2019-2030, $ mn    100
Table 23. France Smart Parking Market by Technology, 2019-2030, $ mn    100
Table 24. Spain Smart Parking Market by Parking Type, 2019-2030, $ mn    102
Table 25. Spain Smart Parking Market by Solution, 2019-2030, $ mn    102
Table 26. Spain Smart Parking Market by Technology, 2019-2030, $ mn    102
Table 27. Italy Smart Parking Market by Parking Type, 2019-2030, $ mn    104
Table 28. Italy Smart Parking Market by Solution, 2019-2030, $ mn    104
Table 29. Italy Smart Parking Market by Technology, 2019-2030, $ mn    104
Table 30. Russia Smart Parking Market by Parking Type, 2019-2030, $ mn    106
Table 31. Russia Smart Parking Market by Solution, 2019-2030, $ mn    106
Table 32. Russia Smart Parking Market by Technology, 2019-2030, $ mn    106
Table 33. Smart Parking Market in Rest of Europe by Country, 2019-2030, $ mn    108
Table 34. Breakdown of World Market by Key Vendor, 2020, 1
Table 35. Amano McGann, Inc.: Company Snapshot    114
Table 36. Amano McGann, Inc.: Business Segmentation    115
Table 37. Amano McGann, Inc.: Product Portfolio    115
Table 38. Amano McGann, Inc.: Revenue by Region, 2020, 6
Table 39. Bayerische Motoren Werke (BMW) AG: Company Snapshot    117
Table 40. Bayerische Motoren Werke (BMW) AG: Brands and Models    118
Table 41. Bayerische Motoren Werke (BMW) AG: Annual Production by Vehicle 2005-2019    119
Table 42. Bayerische Motoren Werke (BMW) AG: Annual Sales by Vehicle 2005-2019    119
Table 43. CivicSmart, Inc.: Company Snapshot    122
Table 44. Continental AG: Company Snapshot    123
Table 45. Continental AG: Business Segmentation    124
Table 46. Continental AG: Revenue by Region, 2019, 5
Table 47. Continental AG: Product Portfolio of Smart Parking    125
Table 48. Dongyang Menics Co., Ltd.: Company Snapshot    127
Table 49. Dongyang Menics Co., Ltd.: Product Portfolio    128
Table 50. IEM SA: Company Snapshot    129
Table 51. IEM SA: Product Portfolio    130
Table 52. IPS Group Inc.: Company Snapshot    131
Table 53. IPS Group Inc.: Product Portfolio    132
Table 54. Klaus Multiparking Systems: Company Snapshot    134
Table 55. Klaus Multiparking Systems: Product Portfolio    135
Table 56. ParkMe Inc.: Company Snapshot    136
Table 57. Robert Bosch GmbH: Company Snapshot    138
Table 58. Robert Bosch GmbH: Revenue by Region, 2019, 9
Table 59. Robert Bosch GmbH: Product Portfolio of Smart Parking    139
Table 60. Siemens AG: Company Snapshot    141
Table 61. Siemens AG: Business Segmentation    142
Table 62. Siemens AG: Revenue by Region    142
Table 63. Smart Parking Limited: Company Snapshot    145
Table 64. Smart Parking Limited: Product Portfolio    146
Table 65. Swarco AG: Company Snapshot    147
Table 66. Swarco AG: Product Portfolio    148
Table 67. TKH Group: Company Snapshot    150
Table 68. Urbiotica, S.L.: Company Snapshot    152
Table 69. Urbiotica, S.L.: Product Portfolio    153

 

List of Figures:

Figure 1. Research Method Flow Chart    12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation    15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2030    17
Figure 4. Europe Smart Parking Market, 2019-2030, $ mn    20
Figure 5. Impact of COVID-19 on Business    23
Figure 6. Primary Drivers and Impact Factors of Europe 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 Europe Smart Parking Market    30
Figure 11. Investment Opportunity Analysis    34
Figure 12. Porter’s Fiver Forces Analysis of Europe Smart Parking Market    37
Figure 13. Breakdown of Europe Smart Parking Market by Component, 2019-2030, % of Revenue    42
Figure 14. Europe Addressable Market Cap in 2022-2030 by Component, Value ($ mn) and Share (%)    42
Figure 15. Europe Smart Parking Market by Component: Hardware, 2019-2030, $ mn    43
Figure 16. Europe Smart Parking Market by Hardware: Pucks/Wireless Sensors, 2019-2030, $ mn    45
Figure 17. Europe Smart Parking Market by Hardware: Cameras and LPRs, 2019-2030, $ mn    46
Figure 18. Europe Smart Parking Market by Hardware: Smart Meters, 2019-2030, $ mn    47
Figure 19. Europe Smart Parking Market by Hardware: Signages, 2019-2030, $ mn    48
Figure 20. Europe Smart Parking Market by Hardware: Parking Gates, 2019-2030, $ mn    49
Figure 21. Europe Smart Parking Market by Hardware: Other Hardware, 2019-2030, $ mn    50
Figure 22. Europe Smart Parking Market by Component: Software, 2019-2030, $ mn    51
Figure 23. Europe Smart Parking Market by Software: Parking Guidance System, 2019-2030, $ mn    52
Figure 24. Europe Smart Parking Market by Software: Analytics Solutions, 2019-2030, $ mn    53
Figure 25. Europe Smart Parking Market by Component: Service, 2019-2030, $ mn    54
Figure 26. Europe Smart Parking Market by Service: Consulting Service, 2019-2030, $ mn    55
Figure 27. Europe Smart Parking Market by Service: Engineering Service, 2019-2030, $ mn    56
Figure 28. Europe Smart Parking Market by Service: Mobile App Parking Service, 2019-2030, $ mn    57
Figure 29. Breakdown of Europe Smart Parking Market by System, 2019-2030, % of Sales Revenue    59
Figure 30. Europe Addressable Market Cap in 2022-2030 by System, Value ($ mn) and Share (%)    59
Figure 31. Europe Smart Parking Market by System: Guided Parking Assist System, 2019-2030, $ mn    60
Figure 32. Europe Smart Parking Market by System: Smart Parking Assist System, 2019-2030, $ mn    61
Figure 33. Breakdown of Europe Smart Parking Market by Parking Type, 2019-2030, % of Sales Revenue    63
Figure 34. Europe Addressable Market Cap in 2022-2030 by Parking Type, Value ($ mn) and Share (%)    63
Figure 35. Europe Smart Parking Market by Parking Type: Off-street Parking, 2019-2030, $ mn    64
Figure 36. Europe Smart Parking Market by Parking Type: On-street Parking, 2019-2030, $ mn    65
Figure 37. Breakdown of Europe Smart Parking Market by Solution, 2019-2030, % of Revenue    67
Figure 38. Europe Addressable Market Cap in 2022-2030 by Solution, Value ($ mn) and Share (%)    67
Figure 39. Europe Smart Parking Market by Solution: Security & Surveillance, 2019-2030, $ mn    68
Figure 40. Europe Smart Parking Market by Solution: Smart Payment Systems, 2019-2030, $ mn    69
Figure 41. Europe Smart Parking Market by Solution: Parking Reservation & Valet Parking, 2019-2030, $ mn    70
Figure 42. Europe Smart Parking Market by Solution: License Plate Recognition, 2019-2030, $ mn    71
Figure 43. Breakdown of Europe Smart Parking Market by Technology, 2019-2030, % of Revenue    73
Figure 44. Europe Addressable Market Cap in 2022-2030 by Technology, Value ($ mn) and Share (%)    73
Figure 45. Europe Smart Parking Market by Technology: Ultrasonic Sensors, 2019-2030, $ mn    74
Figure 46. Europe Smart Parking Market by Technology: Image Sensors, 2019-2030, $ mn    75
Figure 47. Europe Smart Parking Market by Technology: Radar Sensors, 2019-2030, $ mn    76
Figure 48. Europe Smart Parking Market by Technology: Radio Frequency Identification (RFID), 2019-2030, $ mn    77
Figure 49. Europe Smart Parking Market by Technology: Internet of Things (IoT), 2019-2030, $ mn    78
Figure 50. Europe Smart Parking Market by Technology: Other Technologies, 2019-2030, $ mn    79
Figure 51. Breakdown of Europe Smart Parking Market by Vehicle Type, 2019-2030, % of Revenue    80
Figure 52. Europe Addressable Market Cap in 2022-2030 by Vehicle Type, Value ($ mn) and Share (%)    81
Figure 53. Europe Smart Parking Market by Vehicle Type: Passenger Cars, 2019-2030, $ mn    82
Figure 54. Europe Smart Parking Market by Vehicle Type: Light Commercial Vehicles, 2019-2030, $ mn    83
Figure 55. Europe Smart Parking Market by Vehicle Type: Heavy Commercial Vehicles, 2019-2030, $ mn    84
Figure 56. Breakdown of Europe Smart Parking Market by End User, 2019-2030, % of Revenue    85
Figure 57. Europe Addressable Market Cap in 2022-2030 by End User, Value ($ mn) and Share (%)    86
Figure 58. Europe Smart Parking Market by End User: Commercial Sector, 2019-2030, $ mn    87
Figure 59. Europe Smart Parking Market by End User: Government & Public Sector, 2019-2030, $ mn    88
Figure 60. Europe Smart Parking Market by End User: Residential Sector, 2019-2030, $ mn    89
Figure 61. Breakdown of European Smart Parking Market by Country, 2021 and 2030, % of Revenue    91
Figure 62. Contribution to Europe 2022-2030 Cumulative Market by Country, Value ($ mn) and Share (%)    92
Figure 63. Smart Parking Market in Germany, 2019-2030, $ mn    93
Figure 64. Smart Parking Market in U.K., 2019-2030, $ mn    96
Figure 65. Smart Parking Market in France, 2019-2030, $ mn    99
Figure 66. Smart Parking Market in Spain, 2019-2030, $ mn    101
Figure 67. Smart Parking Market in Italy, 2019-2030, $ mn    103
Figure 68. Smart Parking Market in Russia, 2019-2030, $ mn    105
Figure 69. Smart Parking Market in Rest of Europe, 2019-2030, $ mn    107
Figure 70. Growth Stage of Europe Smart Parking Industry over the Forecast Period    109
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.)