Airport Parking Management Market by Product (Parking Fee & Revenue Management, Parking Guidance & Slot Management, Security & Surveillance), Component (Service, Software), Deployment - Global Forecast 2024-2030
Description
Airport Parking Management Market by Product (Parking Fee & Revenue Management, Parking Guidance & Slot Management, Security & Surveillance), Component (Service, Software), Deployment - Global Forecast 2024-2030
The Airport Parking Management Market size was estimated at USD 3.93 billion in 2023 and expected to reach USD 4.29 billion in 2024, at a CAGR 9.57% to reach USD 7.45 billion by 2030.
Airport parking management is the comprehensive process of planning, organizing, controlling, and monitoring airport parking facilities. This involves implementing effective strategies and advanced technologies to optimize the use of available space, improve customer experience, enhance security measures, and generate revenue for airport authorities. With the rapid growth of air travel worldwide, efficient airport parking management has become crucial to meet the increasing demands for convenient and secure parking options while ensuring seamless operations in an environmentally sustainable manner. However, high capital investments are required for implementing advanced technologies and infrastructural upgrades, which may deter smaller airports from adopting these solutions. The lack of standardized regulations governing airport parking operations across different regions can lead to inconsistencies in service quality and customer experiences. Market players are working on incorporating innovative technology solutions that enhance efficiency and user experience to address these limitations. These can include automated access control systems equipped with license plate recognition (LPR) software that enables quick entry/exit without manual ticketing or validation, smart sensors providing real-time data on occupancy rates guiding drivers toward available spots, mobile applications offering pre-booking options along with navigation assistance, and digital payment platforms allowing contactless transactions. In addition, potential opportunities lie in integrating airport parking management systems with other transportation modes, such as public transit networks or ride-hailing platforms.
Regional Insights
In the Americas, airport parking management is characterized by advanced technology integration and customer-centered approaches. Regional market players have provided comprehensive parking solutions through extensive networks across major airports in the United States and Canada. They also leverage digital platforms to facilitate online reservations, mobile apps for wayfinding, real-time space availability information, and customer loyalty programs. Another notable trend in this region is the increasing adoption of smart parking systems enabled by Internet of Things (IoT) technology. The Asia-Pacific market presents a diverse landscape of airport parking management due to varying levels of economic development among countries. Developed nations such as Japan and Singapore feature state-of-the-art parking facilities with advanced technologies such as license plate recognition (LPR) systems that ensure quick entry/exit times and efficient space utilization.
In contrast, emerging economies, including India, are adopting parking management to meet the parking requirements from the burgeoning air travel demand. The European airport parking market displays a high degree of maturity and consolidation, with well-established companies dominating the landscape. These providers offer diverse customized solutions tailored to airports' unique requirements, such as pre-booking, valet services, and premium parking options for frequent flyers or business travelers. In the European Union, countries such as Germany, France, Italy, Spain, and the UK demonstrate substantial potential for airport parking management growth due to high passenger traffic and infrastructural support from governments.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Airport Parking Management Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Airport Parking Management Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Airport Parking Management Market, highlighting leading vendors and their innovative profiles. These include ABM Industries Incorporated, AirGarage, Inc., Amano Corporation, APCOA PARKING Holdings GmbH, Autopay Technologies AS, Cleverciti Systems GmbH, Cubic Corporation, DESIGNA Verkehrsleittechnik GmbH, FlashParking, Inc., Flowbird Group, Glops, Honeywell International Inc., International Business Machines Corporation, MobITSolutions, Parklio d.o.o., Parquery AG, Platinum Parking, Propark Mobility, REEF Technology Inc., Robotic Parking Systems, Inc., Siemens AG, SKIDATA GmbH, Smart Parking Limited, Space Genius by Modern Impact Company, SpotHero, Inc., SWARCO AG, T2 Systems, Inc. by Verra Mobility Corporation, Uber Technologies Inc., VersionX Innovations Private Ltd., and WPS Holding BV.
Market Segmentation & Coverage
This research report categorizes the Airport Parking Management Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Parking Fee & Revenue Management
Service
Deployment & Customization
Parking Information Systems
On-Cloud
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Airport Parking Management Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Airport Parking Management Market?
- What are the technology trends and regulatory frameworks in the Airport Parking Management Market?
- What is the market share of the leading vendors in the Airport Parking Management Market?
- Which modes and strategic moves are suitable for entering the Airport Parking Management Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
199 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Airport Parking Management Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand for optimal parking space utilization
- 5.1.1.2. Need for stress-free and convenient parking for airport customers and visitors
- 5.1.1.3. Rising use of remote parking management services for airports
- 5.1.2. Restraints
- 5.1.2.1. Complex integration with existing third-party systems and infrastructures
- 5.1.3. Opportunities
- 5.1.3.1. Emerging trends and innovations in airport parking operations
- 5.1.3.2. Rapid investment in research activities for advanced parking management solutions
- 5.1.4. Challenges
- 5.1.4.1. Lack of prior infrastructural planning and privacy and security issues
- 5.2. Market Segmentation Analysis
- 5.2.1. Product: Increasing adoption of parking fee management systems to improve capacity, maximize revenue and improve traveler experience
- 5.2.2. Component: Expanding popularity of modern airport parking management software solutions promote optimization of parking spaces
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Airport Parking Management Market, by Product
- 6.1. Introduction
- 6.2. Parking Fee & Revenue Management
- 6.3. Parking Guidance & Slot Management
- 6.4. Security & Surveillance
- 6.5. Valet Parking Management
- 7. Airport Parking Management Market, by Component
- 7.1. Introduction
- 7.2. Service
- 7.3.1. Deployment & Customization
- 7.3.2. Support & Maintenance
- 7.3. Software
- 7.4.1. Parking Information Systems
- 7.4.2. Parking Payment Systems
- 7.4.3. Revenue Control & Automatic Access
- 8. Airport Parking Management Market, by Deployment
- 8.1. Introduction
- 8.2. On-Cloud
- 8.3. On-Premise
- 9. Americas Airport Parking Management Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Airport Parking Management Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Airport Parking Management Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Parking platform sold to airport group
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Airtel and Park+ partner to offer FASTag solutions at Bhubaneswar airport
- 12.3.2.2. Bosch and APCOA to provide automated valet parking technology in parking garages across Germany
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. ABM Industries Incorporated
- 13.1.2. AirGarage, Inc.
- 13.1.3. Amano Corporation
- 13.1.4. APCOA PARKING Holdings GmbH
- 13.1.5. Autopay Technologies AS
- 13.1.6. Cleverciti Systems GmbH
- 13.1.7. Cubic Corporation
- 13.1.8. DESIGNA Verkehrsleittechnik GmbH
- 13.1.9. FlashParking, Inc.
- 13.1.10. Flowbird Group
- 13.1.11. Glops
- 13.1.12. Honeywell International Inc.
- 13.1.13. International Business Machines Corporation
- 13.1.14. MobITSolutions
- 13.1.15. Parklio d.o.o.
- 13.1.16. Parquery AG
- 13.1.17. Platinum Parking
- 13.1.18. Propark Mobility
- 13.1.19. REEF Technology Inc.
- 13.1.20. Robotic Parking Systems, Inc.
- 13.1.21. Siemens AG
- 13.1.22. SKIDATA GmbH
- 13.1.23. Smart Parking Limited
- 13.1.24. Space Genius by Modern Impact Company
- 13.1.25. SpotHero, Inc.
- 13.1.26. SWARCO AG
- 13.1.27. T2 Systems, Inc. by Verra Mobility Corporation
- 13.1.28. Uber Technologies Inc.
- 13.1.29. VersionX Innovations Private Ltd.
- 13.1.30. WPS Holding BV
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. AIRPORT PARKING MANAGEMENT MARKET RESEARCH PROCESS
- FIGURE 2. AIRPORT PARKING MANAGEMENT MARKET SIZE, 2023 VS 2030
- FIGURE 3. AIRPORT PARKING MANAGEMENT MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. AIRPORT PARKING MANAGEMENT MARKET DYNAMICS
- FIGURE 7. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 10. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
- FIGURE 12. AIRPORT PARKING MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES AIRPORT PARKING MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES AIRPORT PARKING MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA AIRPORT PARKING MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. AIRPORT PARKING MANAGEMENT MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. AIRPORT PARKING MANAGEMENT MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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