Germany Smart Parking Market is
projected to grow at a double digit CAGR during 2024-2028 owing to increasing
population, industrialization & urbanization, growing technological
advancements and growing demand for improving the parking system. Smart parking
helps in saving huge amount of fuel since it directs the drivers to the empty
parking slots in the parking zone, which saves time & chaos as well.
Furthermore, it provides flexibility, scalability, efficiency for all size of
buildings & locations and ensures a smooth flow of traffic with lesser
emissions.
The demand for parking sensors will
increase with an increase in implementation of parking management solutions
that reduce time taken in finding a parking space and ease traffic congestion. Moreover,
increasing number of vehicles on the road combined with government initiatives
such as smart cities are expected to develop better traffic and parking
management solutions in Germany over the next five years.
Some of
the major players operating in Germany Smart Parking Market are Continental AG, Robert Bosch GmbH, Delphi Automotive PLC, Aisin
Seiki Co., Ltd, Valeo S.A., Siemens AG, Cubic Corporation, Xerox Corporations etc. Major companies are
developing advanced technologies and launching new products in order to stay
competitive in the market. Other competitive strategies include mergers &
acquisitions and new product developments.
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Objective of the Study:
- To analyse and forecast the market size of Smart
Parking Market, in terms of value and volume.
- To classify and forecast Germany Smart Parking
Market based on system type, component, sensor technology, solution,
vertical and regional distribution.
- To identify drivers and challenges for Germany
Smart Parking Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Germany
Smart Parking Market.
- To conduct the pricing analysis for Smart
Parking Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Germany Smart Parking Market.
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers across Germany. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the suppliers which could
not be identified due to the limitations of secondary research. TechSci
Research analysed the service offerings, distribution channels and presence of all
major collaboration manufacturer across Germany.
TechSci Research calculated the market size of Germany Smart Parking Market using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Automotive
smart park assists system manufacturers & component suppliers
- Automobile
OEM’s
- Parking
Management Solution Providers
- Parking
Management Hardware and Services Providers
- Research
Institutes
- Associations,
organizations, forums and alliances related to Smart Parking manufacturers.
- Industry
associations
- Market
research and consulting firm.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as collaboration manufacturer and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
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Details
|
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Base Year
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2022
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Historical Years
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2018 – 2021
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Estimated Year
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2023E
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Forecast Period
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2024F – 2028F
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Quantitative Units
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Revenue in USD Million, Volume in Units and CAGR for 2018-2022
and 2023E-2028F
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Report Coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments Covered
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·
Component
·
Sensor
Technology
·
Solution
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Region Scope
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North Rhine-Westphalia; Bavaria; Baden-Wurttemberg; Saxony; Hesse;
Rest of Germany
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Key Companies Profiled
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Continental AG, Robert Bosch GmbH, Delphi Automotive PLC,
Aisin Seiki Co., Ltd, Valeo S.A., Siemens AG, Cubic Corporation, Xerox
Corporations.
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Customization Scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope:
In this report, Germany Smart Parking Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Germany Smart
Parking System Market, by Component:
- Parking Sensors
- Steering Angle Sensors
- Electronic Control Unit (ECU)
- Display Unit
- Germany Smart
Parking System Market, by Sensor Technology:
- Ultrasonic Sensor
- Image Sensor
- Radar Sensor
- Germany Smart
Parking System Market, by Solution:
- Security & Surveillance
- Valet Parking
Management
- License Plate Recognition
- Parking Reservation Management
- Germany Smart Parking System Market,
by Region:
- Germany
- North
Rhine-Westphalia
- Bavaria
- Baden-Wurttemberg
- Saxony
- Hesse
- Rest of Germany
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Smart Parking Market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according the company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]