Parking Access Control Market Developments by 2031
The parking access control allows the parking and garage owners to restrict and manage the access to the parking area. The parking control system comprises various hardware and software devices such as sensors, automated barriers, software, cameras, and readers. The system is not only enhancing parking control but also improving the revenue generation for parking owners. The efficient revenue management with enhanced control is increasing its adoption in the global market.
MARKET DYNAMICS
The global parking access control market is growing at a considerable rate due to the increasing demand for an automated solutions in commercial spaces. The numerous benefits offered by the parking access control, such as improved control, revenue generation, and data collection, boost the growth of the parking access control market. Further, the rising development in sensor technologies and supporting infrastructure development for automated and connected solutions anticipate the growth of the parking access control market. Additionally, an increasing number of commercial places such as the mall, resorts, clubs, airports, and multistage carpark are among the leading factors that creates a substantial growth opportunity for the market.
MARKET SCOPE
The "Global Parking access control Market Analysis to 2031" is a specialized and in-depth study of the parking access control market with a special focus on the global market trend analysis. The report aims to provide an overview of parking access control market with detailed market segmentation by offering, technology, and application. The global parking access control market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Parking access control market player and offers key trends and opportunities in the Parking access control market. Rising living standards and inclination towards leisure and sports activities are accelerating the market growth in developed and developing nations.
MARKET SEGMENTATION
The global parking access control market is segmented on the basis of offering, technology, application, and geography. On the basis of offering, market is segmented as hardware, and software. In the terms of technology, market is segmented as RFID, Bluetooth, Wi-Fi, and others. On the basis of application, market is segmented as airports, government and municipalities, shopping malls, car parks, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global parking access control market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The parking access control market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Parking access control market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the parking access control market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global parking access control market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The parking access control market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Parking access control market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the parking access control market in these regions.
MARKET PLAYERS
The reports cover key developments in the parking access control market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from parking access control market are anticipated to lucrative growth opportunities in the future with the rising demand for parking access control market. Below mentioned is the list of few companies engaged in the parking access control market.
The report also includes the profiles of key parking access control market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Access Security and Parking Systems, Inc
- ACTi Corporation
- DESIGNA
- FlashParking
- i+D3 Equipamientos Tecnol³gicos SL
- Inugo Systems Ltd
- Parking BOXX
- SKIDATA GmbH
- SWARCO
- TIBA PARKING SYSTEMS
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Parking Access Control Market - By Offering
1.3.2Parking Access Control Market - By Technology
1.3.3Parking Access Control Market - By Application
1.3.4Parking Access Control Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.PARKING ACCESS CONTROL MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.PARKING ACCESS CONTROL MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.PARKING ACCESS CONTROL MARKET - GLOBAL MARKET ANALYSIS
6.1.PARKING ACCESS CONTROL - GLOBAL MARKET OVERVIEW
6.2.PARKING ACCESS CONTROL - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.PARKING ACCESS CONTROL MARKET - REVENUE AND FORECASTS TO 2028 â" OFFERING
7.1.OVERVIEW
7.2.OFFERING MARKET FORECASTS AND ANALYSIS
7.3.HARDWARE
7.3.1.Overview
7.3.2.Hardware Market Forecast and Analysis
7.4.SOFTWARE
7.4.1.Overview
7.4.2.Software Market Forecast and Analysis
8.PARKING ACCESS CONTROL MARKET - REVENUE AND FORECASTS TO 2028 â" TECHNOLOGY
8.1.OVERVIEW
8.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3.RFID
8.3.1.Overview
8.3.2.RFID Market Forecast and Analysis
8.4.BLUETOOTH
8.4.1.Overview
8.4.2.Bluetooth Market Forecast and Analysis
8.5.WI-FI
8.5.1.Overview
8.5.2.Wi-Fi Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.PARKING ACCESS CONTROL MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.AIRPORTS
9.3.1.Overview
9.3.2.Airports Market Forecast and Analysis
9.4.GOVERNMENT AND MUNICIPALITIES
9.4.1.Overview
9.4.2.Government and Municipalities Market Forecast and Analysis
9.5.SHOPPING MALLS
9.5.1.Overview
9.5.2.Shopping Malls Market Forecast and Analysis
9.6.CAR PARKS
9.6.1.Overview
9.6.2.Car Parks Market Forecast and Analysis
9.7.OTHERS
9.7.1.Overview
9.7.2.Others Market Forecast and Analysis
10.PARKING ACCESS CONTROL MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Parking Access Control Market Overview
10.1.2North America Parking Access Control Market Forecasts and Analysis
10.1.3North America Parking Access Control Market Forecasts and Analysis - By Offering
10.1.4North America Parking Access Control Market Forecasts and Analysis - By Technology
10.1.5North America Parking Access Control Market Forecasts and Analysis - By Application
10.1.6North America Parking Access Control Market Forecasts and Analysis - By Countries
10.1.6.1United States Parking Access Control Market
10.1.6.1.1United States Parking Access Control Market by Offering
10.1.6.1.2United States Parking Access Control Market by Technology
10.1.6.1.3United States Parking Access Control Market by Application
10.1.6.2Canada Parking Access Control Market
10.1.6.2.1Canada Parking Access Control Market by Offering
10.1.6.2.2Canada Parking Access Control Market by Technology
10.1.6.2.3Canada Parking Access Control Market by Application
10.1.6.3Mexico Parking Access Control Market
10.1.6.3.1Mexico Parking Access Control Market by Offering
10.1.6.3.2Mexico Parking Access Control Market by Technology
10.1.6.3.3Mexico Parking Access Control Market by Application
10.2.EUROPE
10.2.1Europe Parking Access Control Market Overview
10.2.2Europe Parking Access Control Market Forecasts and Analysis
10.2.3Europe Parking Access Control Market Forecasts and Analysis - By Offering
10.2.4Europe Parking Access Control Market Forecasts and Analysis - By Technology
10.2.5Europe Parking Access Control Market Forecasts and Analysis - By Application
10.2.6Europe Parking Access Control Market Forecasts and Analysis - By Countries
10.2.6.1Germany Parking Access Control Market
10.2.6.1.1Germany Parking Access Control Market by Offering
10.2.6.1.2Germany Parking Access Control Market by Technology
10.2.6.1.3Germany Parking Access Control Market by Application
10.2.6.2France Parking Access Control Market
10.2.6.2.1France Parking Access Control Market by Offering
10.2.6.2.2France Parking Access Control Market by Technology
10.2.6.2.3France Parking Access Control Market by Application
10.2.6.3Italy Parking Access Control Market
10.2.6.3.1Italy Parking Access Control Market by Offering
10.2.6.3.2Italy Parking Access Control Market by Technology
10.2.6.3.3Italy Parking Access Control Market by Application
10.2.6.4United Kingdom Parking Access Control Market
10.2.6.4.1United Kingdom Parking Access Control Market by Offering
10.2.6.4.2United Kingdom Parking Access Control Market by Technology
10.2.6.4.3United Kingdom Parking Access Control Market by Application
10.2.6.5Russia Parking Access Control Market
10.2.6.5.1Russia Parking Access Control Market by Offering
10.2.6.5.2Russia Parking Access Control Market by Technology
10.2.6.5.3Russia Parking Access Control Market by Application
10.2.6.6Rest of Europe Parking Access Control Market
10.2.6.6.1Rest of Europe Parking Access Control Market by Offering
10.2.6.6.2Rest of Europe Parking Access Control Market by Technology
10.2.6.6.3Rest of Europe Parking Access Control Market by Application
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Parking Access Control Market Overview
10.3.2Asia-Pacific Parking Access Control Market Forecasts and Analysis
10.3.3Asia-Pacific Parking Access Control Market Forecasts and Analysis - By Offering
10.3.4Asia-Pacific Parking Access Control Market Forecasts and Analysis - By Technology
10.3.5Asia-Pacific Parking Access Control Market Forecasts and Analysis - By Application
10.3.6Asia-Pacific Parking Access Control Market Forecasts and Analysis - By Countries
10.3.6.1Australia Parking Access Control Market
10.3.6.1.1Australia Parking Access Control Market by Offering
10.3.6.1.2Australia Parking Access Control Market by Technology
10.3.6.1.3Australia Parking Access Control Market by Application
10.3.6.2China Parking Access Control Market
10.3.6.2.1China Parking Access Control Market by Offering
10.3.6.2.2China Parking Access Control Market by Technology
10.3.6.2.3China Parking Access Control Market by Application
10.3.6.3India Parking Access Control Market
10.3.6.3.1India Parking Access Control Market by Offering
10.3.6.3.2India Parking Access Control Market by Technology
10.3.6.3.3India Parking Access Control Market by Application
10.3.6.4Japan Parking Access Control Market
10.3.6.4.1Japan Parking Access Control Market by Offering
10.3.6.4.2Japan Parking Access Control Market by Technology
10.3.6.4.3Japan Parking Access Control Market by Application
10.3.6.5South Korea Parking Access Control Market
10.3.6.5.1South Korea Parking Access Control Market by Offering
10.3.6.5.2South Korea Parking Access Control Market by Technology
10.3.6.5.3South Korea Parking Access Control Market by Application
10.3.6.6Rest of Asia-Pacific Parking Access Control Market
10.3.6.6.1Rest of Asia-Pacific Parking Access Control Market by Offering
10.3.6.6.2Rest of Asia-Pacific Parking Access Control Market by Technology
10.3.6.6.3Rest of Asia-Pacific Parking Access Control Market by Application
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Parking Access Control Market Overview
10.4.2Middle East and Africa Parking Access Control Market Forecasts and Analysis
10.4.3Middle East and Africa Parking Access Control Market Forecasts and Analysis - By Offering
10.4.4Middle East and Africa Parking Access Control Market Forecasts and Analysis - By Technology
10.4.5Middle East and Africa Parking Access Control Market Forecasts and Analysis - By Application
10.4.6Middle East and Africa Parking Access Control Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Parking Access Control Market
10.4.6.1.1South Africa Parking Access Control Market by Offering
10.4.6.1.2South Africa Parking Access Control Market by Technology
10.4.6.1.3South Africa Parking Access Control Market by Application
10.4.6.2Saudi Arabia Parking Access Control Market
10.4.6.2.1Saudi Arabia Parking Access Control Market by Offering
10.4.6.2.2Saudi Arabia Parking Access Control Market by Technology
10.4.6.2.3Saudi Arabia Parking Access Control Market by Application
10.4.6.3U.A.E Parking Access Control Market
10.4.6.3.1U.A.E Parking Access Control Market by Offering
10.4.6.3.2U.A.E Parking Access Control Market by Technology
10.4.6.3.3U.A.E Parking Access Control Market by Application
10.4.6.4Rest of Middle East and Africa Parking Access Control Market
10.4.6.4.1Rest of Middle East and Africa Parking Access Control Market by Offering
10.4.6.4.2Rest of Middle East and Africa Parking Access Control Market by Technology
10.4.6.4.3Rest of Middle East and Africa Parking Access Control Market by Application
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Parking Access Control Market Overview
10.5.2South and Central America Parking Access Control Market Forecasts and Analysis
10.5.3South and Central America Parking Access Control Market Forecasts and Analysis - By Offering
10.5.4South and Central America Parking Access Control Market Forecasts and Analysis - By Technology
10.5.5South and Central America Parking Access Control Market Forecasts and Analysis - By Application
10.5.6South and Central America Parking Access Control Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Parking Access Control Market
10.5.6.1.1Brazil Parking Access Control Market by Offering
10.5.6.1.2Brazil Parking Access Control Market by Technology
10.5.6.1.3Brazil Parking Access Control Market by Application
10.5.6.2Argentina Parking Access Control Market
10.5.6.2.1Argentina Parking Access Control Market by Offering
10.5.6.2.2Argentina Parking Access Control Market by Technology
10.5.6.2.3Argentina Parking Access Control Market by Application
10.5.6.3Rest of South and Central America Parking Access Control Market
10.5.6.3.1Rest of South and Central America Parking Access Control Market by Offering
10.5.6.3.2Rest of South and Central America Parking Access Control Market by Technology
10.5.6.3.3Rest of South and Central America Parking Access Control Market by Application
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.PARKING ACCESS CONTROL MARKET, KEY COMPANY PROFILES
12.1.ACCESS SECURITY AND PARKING SYSTEMS, INC
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.ACTI CORPORATION
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.DESIGNA
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.FLASHPARKING
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.I+D3 EQUIPAMIENTOS TECNOLóGICOS SL
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.INUGO SYSTEMS LTD
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.PARKING BOXX
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.SKIDATA GMBH
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.SWARCO
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.TIBA PARKING SYSTEMS
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Access Security and Parking Systems, Inc
2. ACTi Corporation
3. DESIGNA
4. FlashParking
5. i+D3 Equipamientos Tecnol³gicos SL
6. Inugo Systems Ltd
7. Parking BOXX
8. SKIDATA GmbH
9. SWARCO
10. TIBA PARKING SYSTEMS
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.