France Car Parking System Market Growth, Size, Trends, Demand, Revenue and Future Outlook
France Car Parking System Market Size- By Component, By Sensor Technology, By System, By Solution, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2024 | Report ID: AMIN2492 | Pages: 1 - 109 | Formats*: |
| Category : Automotive & Transportation | |||
France Car Parking System Market Introduction and Overview
According to SPER Market Research, the France Car Parking System Market is estimated to reach USD XX Billion by 2033 with a CAGR of 19.2%.
The report includes an in-depth analysis of the France Car Parking System Market, including market size and trends, product mix, applications, and supplier analysis. A car parking system is a mechanical device used to increase parking capacity in a lot, driven by hydraulic pumps or electric motors for vehicle storage. Different sensors identify car presence in slots and provide real-time information on neighbouring parking availability. This system addresses parking concerns by utilising low-cost sensors, real-time data analysis, and mobile apps to ensure effective monitoring. It intends to reduce parking-related difficulties by utilising embedded software, sensors, and mobile applications to manage parking spaces more efficiently.
- In September 2023, Marseille inaugurated an innovative smart parking system to alleviate urban congestion and enhance mobility. This initiative reflects the city's dedication to modernizing transportation infrastructure and addressing parking issues. Marseille's adoption of smart parking supports sustainability goals, promotes eco-friendly transportation, and offers contactless payment solutions. This advancement aligns with global trends toward technology-driven urban development, benefiting residents, visitors, and businesses.
- In August 2023, Paris announced a significant expansion of its smart parking initiative to address parking challenges and enhance urban mobility. By leveraging IoT sensors and real-time data analytics, the program aims to streamline parking, reduce congestion, and promote sustainable urban development.
Market Opportunities and Challenges
An important trend determining the future of France's smart parking market is the rising integration of smart parking solutions into Mobility as a Service (MaaS) platforms. MaaS aspires to provide seamless transport services that include a variety of modes such as public transit, ridesharing, bicycling and walking. Smart parking is important in this ecosystem because it allows users to find and book parking spots as part of their route planning. Several French towns are currently working on MaaS efforts to improve urban transportation, such as incorporating smart parking technologies into MaaS apps that allow users to search and pay for parking using a single digital platform.
This trend improves convenience, decreases congestion, and stimulates the use of alternative transportation modes, which aligns with France's environmental aims and drives the expansion of smart parking system. Furthermore, sustainability is a prevalent trend impacting France's smart parking industry, with cities implementing eco-friendly measures and prioritising electric vehicle infrastructure within parking spaces to cut emissions and promote green urban transportation. As the urgency to address climate change intensifies, the trend towards sustainable smart parking solutions is projected to continue, helping France achieve its environmental goals.
Because of the difficulties and costs involved, integrating smart parking systems into existing infrastructure presents a significant hurdle for France's smart parking sector. Retrofitting older parking facilities with sensors and hardware disturbs operations and necessitates a significant initial investment and continuing maintenance. Convincing stakeholders to contribute cash and establishing long-term advantages are challenging, particularly in smaller regions with low budgets. Furthermore, coordination amongst numerous parties is critical yet time-consuming. Concerns regarding data privacy and security have also arisen, with the collecting of sensitive data prompting questions about ownership, usage rights, and compliance with rules such as GDPR. Transparency, clear data governance standards, and strong security measures are critical for addressing these concerns and fostering public trust. Failure to do so may hinder the broad adoption of smart parking technology in France.
Market Competitive Landscape
The major key players in the France Car Parking System Market are: Caleo Technologies SAS, Flowbird SAS, INRIX, Inc., Indigo SAS, Nedap N.V., Sagemcom SAS, Senso Things SAS, Siemens France Holding S.A.S, Smart Parking Solutions LLC, Xerox Corporation, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Component, By Sensor Technology, By System, By Solution, By Vertical |
| Regions covered | Central France, Eastern France, Northern France, South Western France, Southern France, Western France |
| Companies Covered | Caleo Technologies SAS, Flowbird SAS, INRIX, Inc., Indigo SAS, Nedap N.V., Sagemcom SAS, Senso Things SAS, Siemens France Holding S.A.S, Smart Parking Solutions LLC, Xerox Corporation, Others |
COVID-19 Impact on France Car Parking System Market
The COVID-19 epidemic has expedited the French smart parking market's migration to contactless and mobile payment options. This trend involves providing payment choices via mobile applications, NFC technology, or QR codes, which reduces physical touch while increasing consumer convenience. Municipalities and parking operators are prioritising secure and user-friendly payment options, which is boosting the adoption of contactless payments in smart parking systems.
Key Target Audience:
- Automotive manufacturers and dealerships
- Commercial and retail property owners
- Parking equipment manufacturers and suppliers
- Parking facility owners and operators
- Real estate developers and property management firms
- Technology providers and system integrators
- Transportation and logistics companies
- Urban planners and city development authorities
- Others
Our in-depth analysis of the France Car Parking System Market includes the following segments:
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Key Topics Covered in the Report:
- France Car Parking System Market Size (FY'2024-FY'2033)
- Overview of France Car Parking System Market
- Segmentation of France Car Parking System Market By Component (Display Unit, Electronic Control Unit, Parking Sensors, Steering Angle Sensors)
- Segmentation of France Car Parking System Market By Sensor Technology (Image Sensor, Radar Sensor, Ultrasonic Sensor)
- Segmentation of France Car Parking System Market By System (Guided Park Assist, Smart Park Assist)
- Segmentation of France Car Parking System Market By Solution (License Plate Recognition, Parking Reservation Management, Security & Surveillance, Valet Parking Management)
- Segmentation of France Car Parking System Market By Vertical (Government, Commercial)
- Statistical Snap of France Car Parking System Market
- Expansion Analysis of France Car Parking System Market
- Problems and Obstacles in France Car Parking System Market
- Competitive Landscape in the France Car Parking System Market
- Impact of COVID-19 and Demonetization on France Car Parking System Market
- Details on Current Investment in France Car Parking System Market
- Competitive Analysis of France Car Parking System Market
- Prominent Players in the France Car Parking System Market
- SWOT Analysis of France Car Parking System Market
- France Car Parking System Market Future Outlook and Projections (FY'2024-FY'2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the France Car Parking System Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. France Car Parking System Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France Car Parking System Market
7. France Car Parking System Market, By Component (USD Million)
7.1. France Car Parking System Market Value Share and Forecast, By Component, 2024-20337.2. Display Unit7.3. Electronic Control Unit (ECU)7.4. Parking Sensors7.5. Steering Angle Sensors
8. France Car Parking System Market, By Sensor Technology (USD Million)
8.1. France Car Parking System Market Value Share and Forecast, By Sensor Technology, 2024-20338.2. Image Sensor8.3. Radar Sensor8.4. Ultrasonic Sensor
9. France Car Parking System Market, By System (USD Million)
9.1. France Car Parking System Market Value Share and Forecast, By System, 2024-20339.2. Guided Park Assist9.3. Smart Park Assist
10. France Car Parking System Market, By Solution (USD Million)
10.1. France Car Parking System Market Value Share and Forecast, By Solution, 2024-203310.2. License Plate Recognition10.3. Parking Reservation Management10.4. Security & Surveillance10.5. Valet Parking Management
11. France Car Parking System Market, By Vertical (USD Million)
11.1. France Car Parking System Market Value Share and Forecast, By Vertical, 2024-203311.2. Government11.3. Commercial
12. France Car Parking System Market Forecast, 2020-2033 (USD Million)
12.1. France Car Parking System Market Size and Market Share
13. France Car Parking System Market, By Component, 2020-2033 (USD Million)
13.1. France Car Parking System Market Size and Market Share By Component (2020-2026)13.2. France Car Parking System Market Size and Market Share By Component (2027-2033)
14. France Car Parking System Market, By Sensor Technology, 2020-2033 (USD Million)
14.1. France Car Parking System Market Size and Market Share By Sensor Technology (2020-2026)14.2. France Car Parking System Market Size and Market Share By Sensor Technology (2027-2033)
15. France Car Parking System Market, By System, 2020-2033 (USD Million)
15.1. France Car Parking System Market Size and Market Share By System (2020-2026)15.2. France Car Parking System Market Size and Market Share By System (2027-2033)
16. France Car Parking System Market, By Solution, 2020-2033 (USD Million)
16.1. France Car Parking System Market Size and Market Share By Solution (2020-2026)16.2. France Car Parking System Market Size and Market Share By Solution (2027-2033)
17. France Car Parking System Market, By Vertical, 2020-2033 (USD Million)
17.1. France Car Parking System Market Size and Market Share By Vertical (2020-2026)17.2. France Car Parking System Market Size and Market Share By Vertical (2027-2033)
18. France Car Parking System Market, By Region, 2020-2033 (USD Million)
18.1. France Car Parking System Market Size and Market Share By Region (2020-2026)18.2. France Car Parking System Market Size and Market Share By Region (2027-2033)18.3. Central France18.4. Eastern France18.5. Northern France18.6. South Western France18.7. Southern France18.8. Western France
19. Company Profile
19.1. Caleo Technologies SAS19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. Flowbird SAS19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. INRIX, Inc.19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. Indigo SAS19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. Nedap N.V.19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. Sagemcom SAS19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Senso Things SAS19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Siemens France Holding S.A.S19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. Smart Parking Solutions LLC19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. Xerox Corporation19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
France Car Parking System Market is projected to reach USD XX billion by 2033, growing at a CAGR of 19.2% during the forecast period.
France Car Parking System Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 19.2% during the forecast period.
France Car Parking System Market CAGR of 19.2% during the forecast period.
You can get the sample pages by clicking the link - Click Here
France Car Parking System Market size is XX billion from 2024 to 2033.
France Car Parking System Market Segment is covered By Component, By Sensor Technology, By System, By Solution, By Vertical
The Europe is anticipated to have the highest market share in the Germany HealthTech Market
The key players in the market include Companies Covered Caleo Technologies SAS, Flowbird SAS, INRIX, Inc., Indigo SAS, Nedap N.V., Sagemcom SAS, Senso Things SAS, Siemens France Holding S.A.S, Smart Parking Solutions LLC, Xerox Corporation, Others.
A car parking system is a mechanical device used to increase parking capacity in a lot, driven by hydraulic pumps or electric motors for vehicle storage.
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