Market By Parking Site Type, Software & Service, Solution, Verticals And Geography | Forecast 2019-2027
The Asia-Pacific parking management market is expected to flourish with a CAGR of 13.60% during the estimated years 2019 to 2027, as stated by a report from Triton Market Research.
The countries that have been studied in the Asia-Pacific parking management market are:
• China
• Japan
• India
• South Korea
• ASEAN Countries
• Australia & New Zealand
• Rest of Asia-Pacific
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The Asia-Pacific market for parking management is on the modification and innovation stage. The rising demand for the systematic & smooth flow of traffic and strategic parking space management have been the major drivers in the parking management system in the Asia-Pacific. The India parking management market is expected to grow with the highest CAGR during the forecast period; whereas, China is the leading country in accordance with the parking management market in the Asia-Pacific region. China is the dominating market due to the enhancement in demand for electricity consumption and the rapid growth in industrialization & urbanization.
Parking management has an ample amount of opportunities for the organizations to develop in the smart cities which are developing across the globe, mainly in countries such as India, Japan, China and South Korea. APAC is one of the most promising markets for parking management. At present, the penetration of parking management solutions is low in this region. However, it is expected that there will be an upsurge in demand in the coming years. The number of municipalities is increasing in developing economies, such as South Korea, India and China. Increasing demand for parking management and on-demand valet parking at shopping malls in countries such as Japan and China is expected to fuel the market demand for smart parking systems in the APAC. The rising demand for extra-wide parking spaces for women in countries such as China will likely increase the deployment of parking management systems to ease the parking process and ensure public safety.
Amano Corp. is a Japan-based company. It operates in two main business segments - Time Information System Business and Environment System Business. In addition, the company offers parking management systems such as gate-type systems, flap-lock systems, bicycle parking system, vehicle guidance system, parking lot management software, security gate systems, parking facility data centre services and commissioned management service. The company classifies its operations into three segments, namely Japan, North America and others.
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ASIA-PACIFIC PARKING MANAGEMENT MARKET - SUMMARY
2.
INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.3. PORTER’S FIVE FORCE ANALYSIS
2.4. MARKET ATTRACTIVENESS MATRIX
2.5. VENDOR SCORECARD
2.6. KEY IMPACT ANALYSIS
2.7. MARKET DRIVERS
2.7.1. EVOLVING AUTOMOTIVE INDUSTRY
2.7.2. GROWING NECESSITY OF ELIMINATING TRAFFIC JAMS
2.7.3. INCREASED NUMBER OF AUTOMOTIVE THEFTS
2.7.4. INTRODUCTION OF REAL-TIME INFORMATION IN
PARKING MANAGEMENT
2.8. MARKET RESTRAINTS
2.8.1. HIGH IMPLEMENTATION COSTS
2.8.2. DIFFICULTIES IN UPGRADATION OF OLD-FASHIONED
PARKING PLACES
2.9. MARKET OPPORTUNITIES
2.9.1. EMERGENCE OF ADVANCED LICENSE PLATE
RECOGNITION (LPR) TECHNOLOGY
2.9.2. GROWING SMART CITY PROJECTS ACROSS THE GLOBE
2.9.3. OPTIMAL UTILIZATION OF SPACE
2.10. MARKET CHALLENGES
2.10.1. HIGH COST OF WORKFORCE TRAINING
2.10.2. COSTS ASSOCIATED WITH LICENSING AND
MAINTENANCE
3.
ASIA-PACIFIC PARKING MANAGEMENT MARKET OUTLOOK - BY PARKING SITE TYPE
3.1. OFF-STREET PARKING
3.2. ON-STREET PARKING
4.
ASIA-PACIFIC PARKING MANAGEMENT MARKET OUTLOOK - BY SOFTWARE &
SERVICE
4.1. SOFTWARE
4.2. PROFESSIONAL SERVICES
5.
ASIA-PACIFIC PARKING MANAGEMENT MARKET OUTLOOK - BY SOLUTION
5.1. ACCESS CONTROL
5.2. PARKING GUIDANCE & SLOT MANAGEMENT
5.3. PARKING RESERVATION MANAGEMENT
5.4. PARKING FEE & REVENUE MANAGEMENT
5.5. PARKING FEE ENFORCEMENT & PERMIT
MANAGEMENT
5.6. VALET PARKING MANAGEMENT
5.7. SECURITY & SURVEILLANCE
6.
ASIA-PACIFIC PARKING MANAGEMENT MARKET OUTLOOK - BY VERTICALS
6.1. GOVERNMENT & MUNICIPALITIES
6.2. RECREATION
6.3. CORPORATE & COMMERCIAL PARKS
6.4. ACADEMIA
6.5. HEALTHCARE
6.6. RETAIL
6.7. BANKING & FINANCIAL INSTITUTIONS
6.8. TRANSPORTATION
6.9. HOSPITALITY
6.10. OTHER VERTICALS
7.
ASIA-PACIFIC PARKING MANAGEMENT MARKET - REGIONAL OUTLOOK
7.1. CHINA
7.2. JAPAN
7.3. INDIA
7.4. SOUTH KOREA
7.5. ASEAN COUNTRIES
7.6. AUSTRALIA & NEW ZEALAND
7.7. REST OF ASIA-PACIFIC
8.
COMPETITIVE LANDSCAPE
8.1. 3M COMPANY
8.2. AMANO MCGANN, INC.
8.3. CISCO SYSTEMS, INC.
8.4. CUBIC CORPORATION
8.5. DEUTSCHE TELEKOM AG
8.6. GEMALTO N.V.
8.7. HCL INFOTECH LTD.
8.8. INTERNATIONAL BUSINESS MACHINES CORPORATION
(IBM)
8.9. INDIGO
8.10. INRIX, INC.
8.11. KAPSCH TRAFFICCOM AG
8.12. MSR-TRAFFIC
8.13. NEDAP MOBILITY SOLUTIONS
8.14. ON TRACK INNOVATIONS (OTI) LTD.
8.15. ORANGE BUSINESS SERVICES
8.16. PARKME
8.17. PARKOPEDIA
8.18. Q-FREE A.S.A.
8.19. SERCO GROUP PLC
8.20. SIEMENS AG
8.21. SKIDATA AG
8.22. SWARCO AG
8.23. SYNAPT (DIVISION OF PRODAPT)
8.24. T2 SYSTEMS, INC.
8.25. XEROX CORPORATION
9.
METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY
TABLE 1. ASIA-PACIFIC PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK,
2019-2027 (IN $ MILLION)
TABLE 2. MARKET ATTRACTIVENESS MATRIX
TABLE 3. VENDOR SCORECARD
TABLE 4. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY PARKING SITE TYPE,
2019-2027 (IN $ MILLION)
TABLE 5. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY SOFTWARE &
SERVICE, 2019-2027 (IN $ MILLION)
TABLE 6. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY SOLUTIONS, 2019-2027
(IN $ MILLION)
TABLE 7. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY VERTICALS, 2019-2027
(IN $ MILLION)
TABLE 8. ASIA-PACIFIC PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK,
2019-2027 (IN $ MILLION)
FIGURE 1. ASIA-PACIFIC PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 2. PORTER’S FIVE FORCE ANALYSIS
FIGURE 3. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY OFF-STREET PARKING,
2019-2027 (IN $ MILLION)
FIGURE 4. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY ON-STREET PARKING,
2019-2027 (IN $ MILLION)
FIGURE 5. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY SOFTWARE, 2019-2027
(IN $ MILLION)
FIGURE 6. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY PROFESSIONAL
SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 7. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY ACCESS CONTROL,
2019-2027 (IN $ MILLION)
FIGURE 8. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY PARKING GUIDANCE
& SLOT MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 9. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY PARKING RESERVATION
MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 10. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY PARKING FEE &
REVENUE MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 11. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY PARKING FEE
ENFORCEMENT & PERMIT MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 12. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY VALET PARKING
MANAGEMENT, 2019-2027 (IN $ MILLION)
FIGURE 13. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY SECURITY &
SURVEILLANCE, 2019-2027 (IN $ MILLION)
FIGURE 14. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY GOVERNMENT &
MUNICIPALITIES, 2019-2027 (IN $ MILLION)
FIGURE 15. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY RECREATION,
2019-2027 (IN $ MILLION)
FIGURE 16. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY CORPORATE &
COMMERCIAL PARKS, 2019-2027 (IN $ MILLION)
FIGURE 17. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY ACADEMIA,
2019-2027 (IN $ MILLION)
FIGURE 18. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY HEALTHCARE,
2019-2027 (IN $ MILLION)
FIGURE 19. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY RETAIL, 2019-2027
(IN $ MILLION)
FIGURE 20. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY BANKING &
FINANCIAL INSTITUTIONS, 2019-2027 (IN $ MILLION)
FIGURE 21. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY TRANSPORTATION,
2019-2027 (IN $ MILLION)
FIGURE 22. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY HOSPITALITY,
2019-2027 (IN $ MILLION)
FIGURE 23. ASIA-PACIFIC PARKING MANAGEMENT MARKET, BY OTHER VERTICALS,
2019-2027 (IN $ MILLION)
FIGURE 24. ASIA-PACIFIC PARKING MANAGEMENT MARKET, REGIONAL OUTLOOK,
2018 & 2027 (IN %)
FIGURE 25. CHINA PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26. JAPAN PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27. INDIA PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28. SOUTH KOREA PARKING MANAGEMENT MARKET, 2019-2027 (IN $
MILLION)
FIGURE 29. ASEAN COUNTRIES PARKING MANAGEMENT MARKET, 2019-2027 (IN $
MILLION)
FIGURE 30. AUSTRALIA & NEW ZEALAND PARKING MANAGEMENT MARKET,
2019-2027 (IN $ MILLION)
FIGURE 31. REST OF ASIA-PACIFIC PARKING MANAGEMENT MARKET, 2019-2027 (IN
$ MILLION)