EUROPE PARKING MANAGEMENT MARKET 2019-2027

Automotive & Transportation | Automotive Technologies

EUROPE PARKING MANAGEMENT MARKET 2019-2027

Market By Parking Site Type, Software & Service, Solution, Verticals And Geography | Forecast 2019-2027

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Triton Market Research has estimated the European market for parking management to show positive growth while expanding with a CAGR of 11.14% in the forecasting years of 2019-2027.

The countries that have been scrutinized in the parking management market in Europe are:

•           The United Kingdom

•           Germany

•           France

•           Italy

•           Spain

•           Russia

•           Rest of Europe

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According to the European Automobile Manufacturers Association, Europe produced nearly 18.4 million automobiles in the year 2015, which is assumed to be 23% of the 91.5 million automobiles that were produced worldwide in that year. This raises the demand for parking management in the region, which helps to grow the European market of parking management. Europe is one of the major regions that is the largest manufacturers of automotive. In Europe, the European Union directives for minimizing environmental pollution are favorably increasing the demand for parking management. Connected car shipments in Europe are expected to grow significantly over the forecast period because of the increasing incorporation of IoT applications in the automobile industry. Also, customer demands relevant to access safety & security features, infotainment services & driver assistance systems have increased considerably.

The parking management market in Germany has risen due to the rising number of car thefts in the country. In 2015, car thefts increased by about 4% from 2014, and about 18659 cars were stolen. In the same year, Germany was the country from which maximum cars were stolen. 3223 cars were stolen in Berlin, having a risk of 3.5 thefts per thousand insured cars; and on the second place, Hamburg with 1078 cars with 1.8 per 1000 insured cars; and on the third place in Germany, was Munich with 131 cars stolen in the year 2015. Thus, theft of cars is on the rise, which generates the demand for parking management solutions. As the thefts of motor vehicles rise, it partially raises the concern for the security & safety of motor vehicle users. Thus, in future, the parking management market will grow due to the growing production of motor vehicles, as well as the rising adoption of smart cities, which generates the demand for parking management solutions.

MSR-Traffic GmbH is a manufacturer of intelligent parking guidance systems for indoor and outdoor use, including wireless magnetic field sensors for smart cities or outdoor parking spaces, sensors for underground garages & car parks, dynamic signposts for parking systems in indoor & outdoor areas as well as the suitable evaluation software. MSR-Traffic offers intelligent parking guidance systems with innovative sensor technology. The company is based in Germany.

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Table of Content

1.    EUROPE 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.    EUROPE PARKING MANAGEMENT MARKET OUTLOOK - BY PARKING SITE TYPE

3.1. OFF-STREET PARKING

3.2. ON-STREET PARKING

4.    EUROPE PARKING MANAGEMENT MARKET OUTLOOK - BY SOFTWARE & SERVICE

4.1. SOFTWARE

4.2. PROFESSIONAL SERVICES

5.    EUROPE 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.    EUROPE 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.    EUROPE PARKING MANAGEMENT MARKET - REGIONAL OUTLOOK

7.1. UNITED KINGDOM

7.2. GERMANY

7.3. FRANCE

7.4. ITALY

7.5. SPAIN

7.6. RUSSIA

7.7. REST OF EUROPE

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

List of Tables

TABLE 1. EUROPE PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS MATRIX

TABLE 3. VENDOR SCORECARD

TABLE 4. EUROPE PARKING MANAGEMENT MARKET, BY PARKING SITE TYPE, 2019-2027 (IN $ MILLION)

TABLE 5. EUROPE PARKING MANAGEMENT MARKET, BY SOFTWARE & SERVICE, 2019-2027 (IN $ MILLION)

TABLE 6. EUROPE PARKING MANAGEMENT MARKET, BY SOLUTIONS, 2019-2027 (IN $ MILLION)

TABLE 7. EUROPE PARKING MANAGEMENT MARKET, BY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 8. EUROPE PARKING MANAGEMENT MARKET, COUNTRY OUTLOOK, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1. EUROPE PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)  

FIGURE 2. PORTER’S FIVE FORCE ANALYSIS

FIGURE 3. EUROPE PARKING MANAGEMENT MARKET, BY OFF-STREET PARKING, 2019-2027 (IN $ MILLION)          

FIGURE 4. EUROPE PARKING MANAGEMENT MARKET, BY ON-STREET PARKING, 2019-2027 (IN $ MILLION)        

FIGURE 5. EUROPE PARKING MANAGEMENT MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)      

FIGURE 6. EUROPE PARKING MANAGEMENT MARKET, BY PROFESSIONAL SERVICES, 2019-2027 (IN $ MILLION)

FIGURE 7. EUROPE PARKING MANAGEMENT MARKET, BY ACCESS CONTROL, 2019-2027 (IN $ MILLION)

FIGURE 8. EUROPE PARKING MANAGEMENT MARKET, BY PARKING GUIDANCE & SLOT MANAGEMENT, 2019-2027 (IN $ MILLION)     

FIGURE 9. EUROPE PARKING MANAGEMENT MARKET, BY PARKING RESERVATION MANAGEMENT, 2019-2027 (IN $ MILLION)     

FIGURE 10. EUROPE PARKING MANAGEMENT MARKET, BY PARKING FEE & REVENUE MANAGEMENT, 2019-2027 (IN $ MILLION)     

FIGURE 11. EUROPE PARKING MANAGEMENT MARKET, BY PARKING FEE ENFORCEMENT & PERMIT MANAGEMENT, 2019-2027 (IN $ MILLION)         

FIGURE 12. EUROPE PARKING MANAGEMENT MARKET, BY VALET PARKING MANAGEMENT, 2019-2027 (IN $ MILLION)     

FIGURE 13. EUROPE PARKING MANAGEMENT MARKET, BY SECURITY & SURVEILLANCE, 2019-2027 (IN $ MILLION)

FIGURE 14. EUROPE PARKING MANAGEMENT MARKET, BY GOVERNMENT & MUNICIPALITIES, 2019-2027 (IN $ MILLION)  

FIGURE 15. EUROPE PARKING MANAGEMENT MARKET, BY RECREATION, 2019-2027 (IN $ MILLION)

FIGURE 16. EUROPE PARKING MANAGEMENT MARKET, BY CORPORATE & COMMERCIAL PARKS, 2019-2027 (IN $ MILLION)        

FIGURE 17. EUROPE PARKING MANAGEMENT MARKET, BY ACADEMIA, 2019-2027 (IN $ MILLION)      

FIGURE 18. EUROPE PARKING MANAGEMENT MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 19. EUROPE PARKING MANAGEMENT MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)      

FIGURE 20. EUROPE PARKING MANAGEMENT MARKET, BY BANKING & FINANCIAL INSTITUTIONS, 2019-2027 (IN $ MILLION)      

FIGURE 21. EUROPE PARKING MANAGEMENT MARKET, BY TRANSPORTATION, 2019-2027 (IN $ MILLION)        

FIGURE 22. EUROPE PARKING MANAGEMENT MARKET, BY HOSPITALITY, 2019-2027 (IN $ MILLION)

FIGURE 23. EUROPE PARKING MANAGEMENT MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)

FIGURE 24. EUROPE PARKING MANAGEMENT MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 25. UNITED KINGDOM PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 26. GERMANY PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)        

FIGURE 27. FRANCE PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28. ITALY PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29. SPAIN PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)    

FIGURE 30. RUSSIA PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION) 

FIGURE 31. REST OF EUROPE PARKING MANAGEMENT MARKET, 2019-2027 (IN $ MILLION)            

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