| Product Code: ETC5087315 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Malta continued to rely on imports for its smart parking systems, with top exporting countries being Italy, Australia, UK, Turkey, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable compound annual growth rate (CAGR) of 12.53% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -59.68%. This suggests a potential shift or adjustment in the market dynamics for smart parking systems in Malta, highlighting the need for further analysis and strategic planning for stakeholders in the industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malta Smart Parking Systems Market Overview |
3.1 Malta Country Macro Economic Indicators |
3.2 Malta Smart Parking Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Malta Smart Parking Systems Market - Industry Life Cycle |
3.4 Malta Smart Parking Systems Market - Porter's Five Forces |
3.5 Malta Smart Parking Systems Market Revenues & Volume Share, By Hardware, 2021 & 2031F |
3.6 Malta Smart Parking Systems Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.7 Malta Smart Parking Systems Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 Malta Smart Parking Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Malta Smart Parking Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malta Smart Parking Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for smart parking solutions |
4.2.2 Government initiatives to reduce traffic congestion and promote sustainable transportation options |
4.2.3 Growing adoption of IoT and smart city technologies in Malta |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing smart parking systems |
4.3.2 Limited space availability for parking infrastructure in urban areas |
4.3.3 Concerns regarding data security and privacy in smart parking solutions |
5 Malta Smart Parking Systems Market Trends |
6 Malta Smart Parking Systems Market Segmentations |
6.1 Malta Smart Parking Systems Market, By Hardware |
6.1.1 Overview and Analysis |
6.1.2 Malta Smart Parking Systems Market Revenues & Volume, By Pucks (Wireless Sensors), 2021-2031F |
6.1.3 Malta Smart Parking Systems Market Revenues & Volume, By Cameras & LPRs, 2021-2031F |
6.1.4 Malta Smart Parking Systems Market Revenues & Volume, By Smart Meters, 2021-2031F |
6.1.5 Malta Smart Parking Systems Market Revenues & Volume, By Signage, 2021-2031F |
6.1.6 Malta Smart Parking Systems Market Revenues & Volume, By Parking Gates, 2021-2031F |
6.2 Malta Smart Parking Systems Market, By Software |
6.2.1 Overview and Analysis |
6.2.2 Malta Smart Parking Systems Market Revenues & Volume, By Parking Guidance System, 2021-2031F |
6.2.3 Malta Smart Parking Systems Market Revenues & Volume, By Analytics Solutions, 2021-2031F |
6.3 Malta Smart Parking Systems Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 Malta Smart Parking Systems Market Revenues & Volume, By Consulting Service, 2021-2031F |
6.3.3 Malta Smart Parking Systems Market Revenues & Volume, By Engineering Service, 2021-2031F |
6.3.4 Malta Smart Parking Systems Market Revenues & Volume, By Mobile App Parking Service, 2021-2031F |
6.4 Malta Smart Parking Systems Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Malta Smart Parking Systems Market Revenues & Volume, By On-street, 2021-2031F |
6.4.3 Malta Smart Parking Systems Market Revenues & Volume, By Off-street, 2021-2031F |
6.5 Malta Smart Parking Systems Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Malta Smart Parking Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Malta Smart Parking Systems Market Revenues & Volume, By Government, 2021-2031F |
6.5.4 Malta Smart Parking Systems Market Revenues & Volume, By Transport Transit, 2021-2031F |
7 Malta Smart Parking Systems Market Import-Export Trade Statistics |
7.1 Malta Smart Parking Systems Market Export to Major Countries |
7.2 Malta Smart Parking Systems Market Imports from Major Countries |
8 Malta Smart Parking Systems Market Key Performance Indicators |
8.1 Average utilization rate of smart parking spaces |
8.2 Percentage increase in parking efficiency after implementing smart parking systems |
8.3 Reduction in average time spent searching for parking spaces |
8.4 Number of mobile app downloads for smart parking services |
8.5 Percentage of cars equipped with smart parking technology |
9 Malta Smart Parking Systems Market - Opportunity Assessment |
9.1 Malta Smart Parking Systems Market Opportunity Assessment, By Hardware, 2021 & 2031F |
9.2 Malta Smart Parking Systems Market Opportunity Assessment, By Software, 2021 & 2031F |
9.3 Malta Smart Parking Systems Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 Malta Smart Parking Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Malta Smart Parking Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malta Smart Parking Systems Market - Competitive Landscape |
10.1 Malta Smart Parking Systems Market Revenue Share, By Companies, 2024 |
10.2 Malta Smart Parking Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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