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Germany 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 90 Pages I Allied Market Research
Germany is one of leading markets for smart parking throughout the globe due to increase in population, urbanization vehicle imports continue to rise, cities are reducing overloaded, surge in need for advance and effective vehicle parking solutions. In addition, with increase in demand for vehicle parking services, the Germany smart parking market is rapidly adopting advance technologies options such as Internet of thing (IoT), RFID, and others. The smart parking market in Germany is segmented into type, technology, application, and end users. The market is prepared to witness substantial growth during the forecast period owing to an increase in the need for effective and automated auto parking solutions.
In addition, development in the Germany smart parking market is majorly driven by increase in demand for effective and computerized car parking services. Further, rise in imports of lorries in the country has caused an increase in traffic and vehicle parking concerns in significant cities, which has further spurred the need for smart parking services. Moreover, the Germany smart parking market supplies various technical services that can boost overall auto parking experience, such as electronic repayment systems, parking lot sensors & electronic cameras, and certificate plate acknowledgment. Moreover, these modern technologies are progressively being embraced by various industrial and government establishments, which is driving the development of the Germany smart parking market. Furthermore, factors such as high set-up& upkeep prices, lack of knowledge, and recognition are expected to impede the development of the market in the future. In addition, the influence of the COVID-19 pandemic on the automotive industry is going to hinder the growth of the smart parking market in the future.
One of the major possibilities in the Germany smart parking market coupled on advancements and combination of modern technology. The rapid technical development in expert systems (AI) and big information analytics offers numerous opportunities to manage and monitor parking lot tasks. Furthermore, the development of electric automobiles (EVs) is anticipated to launch brand-new approach for the smart parking market in the near future. EVs provide parking areas due to large battery dimensions, and extensive installation of smart parking to manage parking lots. Moreover, implementation of rigid emission policies is expected to drive the development of the Germany smart parking market. The government's efforts to utilize telematics for administration of car park, on-street vehicle parking, off-street parking, and smart repayment systems are likely to improve the market growth in coming years. Moreover, the smart parking created by the private sector could be supported by the public sector to bring in consumers.
On the basis of type, the German smart parking market is fractional into off-street vehicle parking as well as on-street vehicle parking. On-street parking is one of the most recommended types amongst the consumers due to its benefit and cost-effectiveness. On the other hand, off-street auto parking utilizes the customer a much more protected alternative owing to the presence of auto parking attendants and surveillance systems.
On the basis of technology, the market is bifurcated into Web of Points (IoT), ultrasonic, and RFID. IoT based solutions are one of the most extensively adopted among all due to their cost-performance and easy availability. The ultrasonic and RFID innovations supply more trusted as well as precise auto parking options.
The market is primarily driven by rise in demand for effective and automated parking options from the business sector. In addition, companies such as Vehicle Parking Area and Parkify are significantly investing in the advancement of smart parking, which is anticipated to boost the market development in coming years. Moreover, the government offers subsidies to private companies to promote installment of smart parking services in commercial establishments. The Germany smart parking market is anticipated to be driven in the future, owing to development in technology and knowledge & awareness among consumers the accessibility of smart parking services.
In addition, solutions such as self-governing automobiles and automated valet vehicle parking are most likely to pass through the market in the future and transform the general auto parking experience. In addition, the advancement of connected cars and lorries is likely to make it possible to find and schedule vehicle parking places in real-time, which is expected to drive the market growth. In addition, manufacturers in Germany smart parking market are expected to focus on introducing new advanced products and improve R&D activities to maintain their position as prominent players in competitive market. Moreover, the players need to focus on tapping the untapped markets in the rural areas, as awareness relating to availability and advantages of smart parking solutions is low in these areas. The consumer perceptions concerning smart parking services should be taken into account while deploying services or products in the market.
Key benefits for Stakeholders
The report highlights the market analysis based on current trends and future estimations.
It analyzes the key strategies adopted by major market players in the Germany smart parking market
The study assesses and ranks the top factors that are expected to impact the growth of the Germany smart parking market.
It analyzes the key strategies adopted by major market players in Germany smart parking market
Top player positioning provides a clear understanding of the present position of market players.
Detailed analysis of the Germany smart parking market segmentation assists to determine the prevailing market opportunities.
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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
- Siemens
- Kapsch TrafficCom
- Logis Parking Solutions GmbH
- Cleverciti
- Trust in Parking
- Sensible 4
- Kwose parking
- Park Intelligence
- Park IT Solutions GmbH
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: GERMANY 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: GERMANY 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: GERMANY 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: GERMANY 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. Siemens
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. Kapsch TrafficCom
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. Logis Parking Solutions GmbH
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. Cleverciti
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. Trust in Parking
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. Sensible 4
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. Kwose parking
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. Park Intelligence
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. Park IT Solutions GmbH
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. GERMANY SMART PARKING MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 02. GERMANY SMART PARKING MARKET, BY TECHNOLOGY, 2022-2032 ($MILLION)
TABLE 03. GERMANY SMART PARKING MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 04. GERMANY SMART PARKING MARKET, BY END USER, 2022-2032 ($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. SIEMENS: KEY EXECUTIVES
TABLE 11. SIEMENS: COMPANY SNAPSHOT
TABLE 12. SIEMENS: OPERATING SEGMENTS
TABLE 13. SIEMENS: PRODUCT PORTFOLIO
TABLE 14. SIEMENS: KEY STRATERGIES
TABLE 15. KAPSCH TRAFFICCOM: KEY EXECUTIVES
TABLE 16. KAPSCH TRAFFICCOM: COMPANY SNAPSHOT
TABLE 17. KAPSCH TRAFFICCOM: OPERATING SEGMENTS
TABLE 18. KAPSCH TRAFFICCOM: PRODUCT PORTFOLIO
TABLE 19. KAPSCH TRAFFICCOM: KEY STRATERGIES
TABLE 20. LOGIS PARKING SOLUTIONS GMBH: KEY EXECUTIVES
TABLE 21. LOGIS PARKING SOLUTIONS GMBH: COMPANY SNAPSHOT
TABLE 22. LOGIS PARKING SOLUTIONS GMBH: OPERATING SEGMENTS
TABLE 23. LOGIS PARKING SOLUTIONS GMBH: PRODUCT PORTFOLIO
TABLE 24. LOGIS PARKING SOLUTIONS GMBH: KEY STRATERGIES
TABLE 25. CLEVERCITI: KEY EXECUTIVES
TABLE 26. CLEVERCITI: COMPANY SNAPSHOT
TABLE 27. CLEVERCITI: OPERATING SEGMENTS
TABLE 28. CLEVERCITI: PRODUCT PORTFOLIO
TABLE 29. CLEVERCITI: KEY STRATERGIES
TABLE 30. TRUST IN PARKING: KEY EXECUTIVES
TABLE 31. TRUST IN PARKING: COMPANY SNAPSHOT
TABLE 32. TRUST IN PARKING: OPERATING SEGMENTS
TABLE 33. TRUST IN PARKING: PRODUCT PORTFOLIO
TABLE 34. TRUST IN PARKING: KEY STRATERGIES
TABLE 35. SENSIBLE 4: KEY EXECUTIVES
TABLE 36. SENSIBLE 4: COMPANY SNAPSHOT
TABLE 37. SENSIBLE 4: OPERATING SEGMENTS
TABLE 38. SENSIBLE 4: PRODUCT PORTFOLIO
TABLE 39. SENSIBLE 4: KEY STRATERGIES
TABLE 40. KWOSE PARKING: KEY EXECUTIVES
TABLE 41. KWOSE PARKING: COMPANY SNAPSHOT
TABLE 42. KWOSE PARKING: OPERATING SEGMENTS
TABLE 43. KWOSE PARKING: PRODUCT PORTFOLIO
TABLE 44. KWOSE PARKING: KEY STRATERGIES
TABLE 45. PARK INTELLIGENCE: KEY EXECUTIVES
TABLE 46. PARK INTELLIGENCE: COMPANY SNAPSHOT
TABLE 47. PARK INTELLIGENCE: OPERATING SEGMENTS
TABLE 48. PARK INTELLIGENCE: PRODUCT PORTFOLIO
TABLE 49. PARK INTELLIGENCE: KEY STRATERGIES
TABLE 50. PARK IT SOLUTIONS GMBH: KEY EXECUTIVES
TABLE 51. PARK IT SOLUTIONS GMBH: COMPANY SNAPSHOT
TABLE 52. PARK IT SOLUTIONS GMBH: OPERATING SEGMENTS
TABLE 53. PARK IT SOLUTIONS GMBH: PRODUCT PORTFOLIO
TABLE 54. PARK IT SOLUTIONS GMBH: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. GERMANY SMART PARKING MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF GERMANY SMART PARKING MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN GERMANY 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: GERMANY SMART PARKING MARKET
FIGURE 10. GERMANY SMART PARKING MARKET,BY TYPE, 2022 ($MILLION)
FIGURE 11. GERMANY SMART PARKING MARKET,BY TECHNOLOGY, 2022 ($MILLION)
FIGURE 12. GERMANY SMART PARKING MARKET,BY APPLICATION, 2022 ($MILLION)
FIGURE 13. GERMANY SMART PARKING MARKET,BY END USER, 2022 ($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: GERMANY SMART PARKING MARKET
FIGURE 20. TOP PLAYER POSITIONING, 2022
FIGURE 21. BOSCH: NET SALES, 2020-2022*($MILLION)
FIGURE 22. BOSCH: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 23. BOSCH: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 24. SIEMENS: NET SALES, 2020-2022*($MILLION)
FIGURE 25. SIEMENS: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 26. SIEMENS: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 27. KAPSCH TRAFFICCOM: NET SALES, 2020-2022*($MILLION)
FIGURE 28. KAPSCH TRAFFICCOM: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 29. KAPSCH TRAFFICCOM: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 30. LOGIS PARKING SOLUTIONS GMBH: NET SALES, 2020-2022*($MILLION)
FIGURE 31. LOGIS PARKING SOLUTIONS GMBH: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 32. LOGIS PARKING SOLUTIONS GMBH: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 33. CLEVERCITI: NET SALES, 2020-2022*($MILLION)
FIGURE 34. CLEVERCITI: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 35. CLEVERCITI: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 36. TRUST IN PARKING: NET SALES, 2020-2022*($MILLION)
FIGURE 37. TRUST IN PARKING: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 38. TRUST IN PARKING: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 39. SENSIBLE 4: NET SALES, 2020-2022*($MILLION)
FIGURE 40. SENSIBLE 4: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 41. SENSIBLE 4: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 42. KWOSE PARKING: NET SALES, 2020-2022*($MILLION)
FIGURE 43. KWOSE PARKING: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 44. KWOSE PARKING: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 45. PARK INTELLIGENCE: NET SALES, 2020-2022*($MILLION)
FIGURE 46. PARK INTELLIGENCE: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 47. PARK INTELLIGENCE: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 48. PARK IT SOLUTIONS GMBH: NET SALES, 2020-2022*($MILLION)
FIGURE 49. PARK IT SOLUTIONS GMBH: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 50. PARK IT SOLUTIONS GMBH: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
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