Please Wait.....
Report
China Smart Parking Market By Type (Off-street, On-street), By Technology (Internet of Things (IoT), Ultrasonic, RFID), By Application (Security and surveillance, Smart payment systems, E-parking, License plate recognition), By End User (Commercial, Government): Opportunity Analysis and Industry Forecast, 2023-2032
Market Report I 2023-05-01 I 73 Pages I Allied Market Research
Smart parking is an innovative option and solution deployed to automate the auto parking system, including parking area reservation and accumulation & surpass car parking fees. The performance of these solutions increases by the use of innovative modern technologies such as Internet of Things (IoT), Real Time Locating System (RTLS), Radio Frequency Identification (RFID), wireless sensing units, and cloud computing. Smart parking serves as an ideal, risk-free solution for effective traffic management.
The growth of the smart parking market is majorly attributed to rise in demand for safety & surveillance, smart payment systems, and license plate recognition. In addition, increase in government investments in implementing smart parking services to manage traffic congestion and minimize unauthorized parking issues notably contributes toward the growth of the market. Surge in acceptance of cloud-based solutions and introduction of 5G technology are further equipped to improve the development of this market in the coming years. On the contrary, lack of sufficient infrastructure development is one of the major aspects that restrains the growth of the China smart parking market. The recurring COVID waves had a huge effect on the China smart parking market as cities were shut and nonessential shops did not operate, resulting in decline in the sales and earnings of this market.
The smart parking market is expected to witness significant opportunities in the future due to the introduction of smart cities in China. Smart cities are built on the idea of developing a safe environment for residents, where smart protection and technologies associated with smart parking play a considerable role. Along with this, exponential rise in population in urbane cities is anticipated to drive the China smart parking market during the forecast period. In addition, the expanding shopping sector offers a vast opportunity for the development of the China smart parking market. Shopping centers inhabit shared parking areas which are expected to cause a deficiency of car parking schedule and garage. This has developed a possibility for the assimilation of IoT-enabled traffic management systems with automatic car parking scheduling systems to ensure an effective and productive workflow. Smart cities are anticipated to drive the growth of the smart parking market. Numerous smart auto parking services have been deployed across cities to manage traffic, reduce air contamination, and facilitate smooth commute in public transport. Other advantages consist of car parking safety and security improvements. The introduction of face and license plate recognition systems for entry and exit fees in parking lots is expected to fuel the market growth. In addition, usage of blockchain and 5G technologies is expected to be the major factor augmenting the growth of the China smart parking market. This is attributed to the fact that blockchain enables different procedures to be refined with boosted security & precision, while 5G innovation facilitates faster accessibility to information from the cloud and enables quicker information transmission.
Various federal government policies regulate growth of the China smart parking market, including environmental guidelines, garage laws, and energy-efficiency policies to ensure the effective application of public car parking assets. In addition, city governments continually invest in the execution of innovative products to reduce the concern of garage laws. The China smart parking market is categorized on the basis of type, technology, application, and end user. By type, the market is bifurcated into on-street and off-street. By technology, the market is divided into IoT, ultrasonic sensors, and RFID. Depending on application, the market is classified into security & surveillance, smart payment systems, e-parking, and license plate recognition. According to end user, the market is bifurcated into commercial and government. The China smart parking market is highly competitive, and numerous international & domestic players compete in this market. Expansion of businesses by improving product portfolio and introduction of innovative products are anticipated to make the market highly competitive. Key players in the China smart parking market concentrate on development of latest products with innovative functions. In addition, key players in the market are adopting product development and R&D as their major developmental strategies to improve the product portfolio and strengthen their foothold in the competitive market. Moreover, companies supply services and products to fulfill the demands of various end users such as airports, hospitals, and shopping centers. Furthermore, they make use of pricing strategies to garner maximum share in the market. Affordable products are used by different leading players to reach large customer base and stay driven. In addition, firms offer attractive discounts and deals to stay competitive in the market.
Key Benefits for Stakeholders
The report enables informed decision-making process and offers market analysis based on current market situation and estimated future trends.
It analyzes the key strategies adopted by major market players in China smart parking market.
The study assesses and ranks the top factors that are expected to affect the growth of the market.
Top player positioning provides a clear understanding of the present position of market players.
Detailed analysis of the China smart parking market segmentation assists to determine the prevailing market opportunities.
It identifies key investment pockets for various offerings in the market.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- SWOT Analysis
Key Market Segments
By Type
- Off-street
- On-street
By Technology
- Internet of Things (IoT)
- Ultrasonic
- RFID
By Application
- Security and surveillance
- Smart payment systems
- E-parking
- License plate recognition
By End User
- Commercial
- Government
- Key Market Players
- Bosch
- Google
- Huawei
- Tencent
- Baidu
- Oracle
- Siemens
- Alibaba
- Microsoft
- Philips
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: CHINA SMART PARKING MARKET, BY TYPE
4.1. Overview
4.1.1. Market Size and Forecast, By Type
4.2. Off-street
4.3. On-street
CHAPTER 5: CHINA SMART PARKING MARKET, BY TECHNOLOGY
5.1. Overview
5.1.1. Market Size and Forecast, By Technology
5.2. Internet of Things (IoT)
5.3. Ultrasonic
5.4. RFID
CHAPTER 6: CHINA SMART PARKING MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market Size and Forecast, By Application
6.2. Security and surveillance
6.3. Smart payment systems
6.4. E-parking
6.5. License plate recognition
CHAPTER 7: CHINA SMART PARKING MARKET, BY END USER
7.1. Overview
7.1.1. Market Size and Forecast, By End User
7.2. Commercial
7.3. Government
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
9.1. Bosch
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. Google
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. Huawei
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. Tencent
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.4.7. Key strategic moves and developments
9.5. Baidu
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. Oracle
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. Siemens
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. Alibaba
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. Microsoft
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Philips
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. CHINA SMART PARKING MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 02. CHINA SMART PARKING MARKET, BY TECHNOLOGY, 2022-2032 ($MILLION)
TABLE 03. CHINA SMART PARKING MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 04. CHINA SMART PARKING MARKET, BY END USER, 2022-2032 ($MILLION)
TABLE 05. BOSCH: KEY EXECUTIVES
TABLE 06. BOSCH: COMPANY SNAPSHOT
TABLE 07. BOSCH: OPERATING SEGMENTS
TABLE 08. BOSCH: PRODUCT PORTFOLIO
TABLE 09. BOSCH: KEY STRATERGIES
TABLE 10. GOOGLE: KEY EXECUTIVES
TABLE 11. GOOGLE: COMPANY SNAPSHOT
TABLE 12. GOOGLE: OPERATING SEGMENTS
TABLE 13. GOOGLE: PRODUCT PORTFOLIO
TABLE 14. GOOGLE: KEY STRATERGIES
TABLE 15. HUAWEI: KEY EXECUTIVES
TABLE 16. HUAWEI: COMPANY SNAPSHOT
TABLE 17. HUAWEI: OPERATING SEGMENTS
TABLE 18. HUAWEI: PRODUCT PORTFOLIO
TABLE 19. HUAWEI: KEY STRATERGIES
TABLE 20. TENCENT: KEY EXECUTIVES
TABLE 21. TENCENT: COMPANY SNAPSHOT
TABLE 22. TENCENT: OPERATING SEGMENTS
TABLE 23. TENCENT: PRODUCT PORTFOLIO
TABLE 24. TENCENT: KEY STRATERGIES
TABLE 25. BAIDU: KEY EXECUTIVES
TABLE 26. BAIDU: COMPANY SNAPSHOT
TABLE 27. BAIDU: OPERATING SEGMENTS
TABLE 28. BAIDU: PRODUCT PORTFOLIO
TABLE 29. BAIDU: KEY STRATERGIES
TABLE 30. ORACLE: KEY EXECUTIVES
TABLE 31. ORACLE: COMPANY SNAPSHOT
TABLE 32. ORACLE: OPERATING SEGMENTS
TABLE 33. ORACLE: PRODUCT PORTFOLIO
TABLE 34. ORACLE: KEY STRATERGIES
TABLE 35. SIEMENS: KEY EXECUTIVES
TABLE 36. SIEMENS: COMPANY SNAPSHOT
TABLE 37. SIEMENS: OPERATING SEGMENTS
TABLE 38. SIEMENS: PRODUCT PORTFOLIO
TABLE 39. SIEMENS: KEY STRATERGIES
TABLE 40. ALIBABA: KEY EXECUTIVES
TABLE 41. ALIBABA: COMPANY SNAPSHOT
TABLE 42. ALIBABA: OPERATING SEGMENTS
TABLE 43. ALIBABA: PRODUCT PORTFOLIO
TABLE 44. ALIBABA: KEY STRATERGIES
TABLE 45. MICROSOFT: KEY EXECUTIVES
TABLE 46. MICROSOFT: COMPANY SNAPSHOT
TABLE 47. MICROSOFT: OPERATING SEGMENTS
TABLE 48. MICROSOFT: PRODUCT PORTFOLIO
TABLE 49. MICROSOFT: KEY STRATERGIES
TABLE 50. PHILIPS: KEY EXECUTIVES
TABLE 51. PHILIPS: COMPANY SNAPSHOT
TABLE 52. PHILIPS: OPERATING SEGMENTS
TABLE 53. PHILIPS: PRODUCT PORTFOLIO
TABLE 54. PHILIPS: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. CHINA SMART PARKING MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF CHINA SMART PARKING MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN CHINA SMART PARKING MARKET (2023-2032)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: CHINA SMART PARKING MARKET
FIGURE 10. CHINA SMART PARKING MARKET,BY TYPE, 2022 ($MILLION)
FIGURE 11. CHINA SMART PARKING MARKET,BY TECHNOLOGY, 2022 ($MILLION)
FIGURE 12. CHINA SMART PARKING MARKET,BY APPLICATION, 2022 ($MILLION)
FIGURE 13. CHINA SMART PARKING MARKET,BY END USER, 2022 ($MILLION)
FIGURE 14. TOP WINNING STRATEGIES, BY YEAR
FIGURE 15. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 16. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 17. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 18. COMPETITIVE DASHBOARD
FIGURE 19. COMPETITIVE HEATMAP: CHINA SMART PARKING MARKET
FIGURE 20. TOP PLAYER POSITIONING, 2022
FIGURE 21. BOSCH: NET SALES, 2020-2022*($MILLION)
FIGURE 22. BOSCH: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 23. BOSCH: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 24. GOOGLE: NET SALES, 2020-2022*($MILLION)
FIGURE 25. GOOGLE: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 26. GOOGLE: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 27. HUAWEI: NET SALES, 2020-2022*($MILLION)
FIGURE 28. HUAWEI: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 29. HUAWEI: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 30. TENCENT: NET SALES, 2020-2022*($MILLION)
FIGURE 31. TENCENT: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 32. TENCENT: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 33. BAIDU: NET SALES, 2020-2022*($MILLION)
FIGURE 34. BAIDU: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 35. BAIDU: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 36. ORACLE: NET SALES, 2020-2022*($MILLION)
FIGURE 37. ORACLE: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 38. ORACLE: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 39. SIEMENS: NET SALES, 2020-2022*($MILLION)
FIGURE 40. SIEMENS: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 41. SIEMENS: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 42. ALIBABA: NET SALES, 2020-2022*($MILLION)
FIGURE 43. ALIBABA: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 44. ALIBABA: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 45. MICROSOFT: NET SALES, 2020-2022*($MILLION)
FIGURE 46. MICROSOFT: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 47. MICROSOFT: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 48. PHILIPS: NET SALES, 2020-2022*($MILLION)
FIGURE 49. PHILIPS: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 50. PHILIPS: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security