Worldwide Smart Parking Market Report 2022: Development of Smart Parking Infrastructure, Stringent Government Regulations & Easy Accessibility of Smart Parking Systems Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Worldwide Smart Parking Competitive Analysis and Leadership Study" report has been added to ResearchAndMarkets.com's offering.

The smart parking manufacture landscape is diverse and continually evolving. Major players in smart parking market have diversified product portfolios, strong geographical reach, and have made several strategic initiatives.

The dynamics of the smart parking market extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of the buyers that determine long-term success.

Over the years, the level of demand for smart parking has increased due to increasing usage of cameras and ultrasonic sensors in passenger cars. Smart parking is used for a variety of end use industries, such as government, commercial, corporate institutions, and transport facilities and is forecast to grow at a CAGR of 18%.

The major growth drivers for this market are the growing traffic congestion, development of smart parking infrastructure, stringent government regulations, easy accessibility of smart parking systems, and increased consumer preference towards comfort and luxury.

Firms that produce smart parking are approaching market opportunities with starkly different strategies. The analyst, a leading global management consulting and market research firm, has analyzed the global smart parking suppliers and has come up with a comprehensive research report, "Leadership Quadrant and Strategic Positioning of Smart Parking Suppliers". Using its proprietary research methodology, the analyst has developed a comparative analysis tool, the 'Leadership Quadrant,' which identifies leaders, contenders, visionaries, and specialists in the smart parking market and rates each smart parking producer.

This report also offers a full competitive analysis from target markets to product mapping, from selling strategies to production capabilities. In this research study, seven companies such as Robert Bosch, Continental, Aisin Seiki, Valeo, Siemens, Xerox Corporation, and Cubic Corporation were analyzed and profiled because they are the top revenue producers for smart parking. The seven profiled manufacturers are grouped in the quadrant. The leadership quadrant analyzes the relative strength among these players. The leadership quadrant addresses the need in the market for manufacturer evaluation based on objective data and metrics.

Some of the features of this research study are as follows:

Leadership and competitive analysis:

• Product mapping of leading players
• Benchmarking of financial strength of leading players
• Leadership quadrant/strategic positioning of players
• Leaders
• Contenders
• Visionaries
• Specialists

Market shares of leading players in various regions:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Profiles of leading players in terms of below parameters:

• Product positioning
• Market positioning
• Financial strength
• Revenue breakdown by market segments
• Revenue breakdown by regions
• Organizational capabilities
• Innovation and market leadership

Designed for the industry professionals, financial services firms, and users of smart parking, this report titled "Leadership Quadrant and Strategic Positioning of Smart Parking Suppliers" is the industry's comprehensive examination of the smart parking producers' competitive landscape.

This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market.

This report answers the following key questions:

• What are the market shares of suppliers in various end use segments such as in government, commercial, corporate institutions, and transport facilities market?
• Who are the market leaders in various regions and what are their market shares?
• Which companies are more aligned with market opportunities and which companies have ability to gain market share?
• What are the key differentiators for major suppliers?
• Which company has the widest product range and how the product mapping looks among various players?
• Which companies will gain market share?

Key Topics Covered:

1. Leadership Analysis

2. Competitive Benchmarking

3. Robert Bosch Profile

4. Continental Profile

5. Aisin Seiki Profile

6. Valeo Profile

7. Siemens Profile

8. Xerox Corporation Profile

9. Cubic Corporation Profile

Companies Mentioned

• Robert Bosch
• Continental
• Aisin Seiki
• Valeo
• Siemens
• Xerox Corporation
• Cubic Corporation

For more information about this report visit https://www.researchandmarkets.com/r/arsp7b