Thailand Smart Parking Market (2025-2031) Outlook | Share, Trends, Growth, Size, Value, Revenue, Industry, Analysis, Forecast & Companies
Market Forecast By System (Guided & Smart Park), By Technology (Ultrasonic, Radar, Image), By Parking Management Solution (Security & Surveillance, Valet & Parking Reservation, License Plate Recognition) And Competitive Landscape
| Product Code: ETC4572206 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Thailand Smart Parking Market Synopsis
Smart parking solutions are in demand in Thailand urban areas to address the growing challenges of parking congestion. Smart parking systems use technology to help drivers find available parking spaces, reducing traffic and pollution while enhancing convenience.
Drivers of the Market
The Thailand Smart Parking Market is witnessing significant growth as urban areas adopt smart technologies to address parking challenges. Smart parking solutions utilize sensors and connectivity to provide real-time information on parking availability, optimizing parking space utilization. The market expansion is fueled by Thailand commitment to smart city development, reducing traffic congestion, and incorporating innovative smart parking technologies to enhance urban mobility.
Challenges of the Market
The Thailand Smart Parking Market encounters challenges related to the limited availability of smart parking infrastructure. Expanding the coverage of smart parking solutions requires significant investments in sensor technologies, connectivity, and data processing capabilities. Additionally, addressing concerns related to data privacy and security is essential to gain public trust and encourage the widespread adoption of smart parking technologies.
COVID-19 Impact on the Market
The Thailand Smart Parking Market experienced setbacks during the COVID-19 pandemic, impacting the deployment of smart parking solutions in urban areas. However, as cities prioritize efficient parking management, reduced traffic congestion, and enhanced user experience, the market is expected to recover. The focus on smart parking solutions for tasks such as real-time parking availability, automated payment systems, and congestion reduction positions the market as a key player in optimizing urban mobility. The market recovery aligns with the increasing urbanization and the need for smart technologies to address parking challenges and improve the overall efficiency of city transportation systems.
Key Players in the Market
The Thailand Smart Parking Market is experiencing growth, with key players such as ParkMobile, LLC, Parkopedia Limited, and Cisco Systems, Inc. actively participating. ParkMobile, LLC, a major contributor, offers smart parking solutions that enable users to find, reserve, and pay for parking spaces through mobile applications. Their user-friendly parking technologies position ParkMobile as a key player in the smart parking market in Thailand, supporting efficient urban parking management.
Key Highlights of the Report:
- Thailand Smart Parking Market Outlook
- Market Size of Thailand Smart Parking Market, 2024
- Forecast of Thailand Smart Parking Market, 2031
- Historical Data and Forecast of Thailand Smart Parking Revenues & Volume for the Period 2021-2031
- Thailand Smart Parking Market Trend Evolution
- Thailand Smart Parking Market Drivers and Challenges
- Thailand Smart Parking Price Trends
- Thailand Smart Parking Porter's Five Forces
- Thailand Smart Parking Industry Life Cycle
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By System for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Guided & Smart Park for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Ultrasonic for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Radar for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Image for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Parking Management Solution for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Security & Surveillance for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By Valet & Parking Reservation for the Period 2021-2031
- Historical Data and Forecast of Thailand Smart Parking Market Revenues & Volume By License Plate Recognition for the Period 2021-2031
- Thailand Smart Parking Import Export Trade Statistics
- Market Opportunity Assessment By System
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Parking Management Solution
- Thailand Smart Parking Top Companies Market Share
- Thailand Smart Parking Competitive Benchmarking By Technical and Operational Parameters
- Thailand Smart Parking Company Profiles
- Thailand Smart Parking Key Strategic Recommendations
What are the future projections for the Thailand smart parking market?
The Thailand smart parking market is expected to witness significant growth in the coming years, driven by factors such as increasing urbanization, the adoption of IoT technologies by companies like ParkAide and EasyPark, and government initiatives to modernize transportation infrastructure.
The Thailand smart parking market offers significant potential for companies specializing in smart parking solutions like ParkMobile and ParkWhiz to introduce innovative technologies such as IoT sensors, mobile apps, and automated payment systems, catering to the escalating demand for efficient parking management solutions in urban areas like Bangkok and Phuket.
The growth of the Thailand smart parking market is primarily driven by the increasing adoption of smart city initiatives in major cities like Bangkok, where companies such as ParkThai have been deploying innovative parking solutions to improve urban mobility. Additionally, the integration of technologies like IoT sensors, mobile payment systems, and data analytics by companies like EasyPark Thailand is enhancing the overall parking experience for consumers and driving market expansion.
One of the notable trends in the Thailand smart parking market is the increasing preference for contactless payment options among customers. Companies like FlashParking and ParkMobile are introducing mobile payment solutions that allow users to pay for parking without the need for physical tickets or cash, aligning with the changing consumer behavior towards digital transactions. This trend reflects a shift towards more convenient and efficient parking experiences for customers in the Thai market.
The key drivers for the Thailand smart parking market include the increasing urbanization leading to limited parking spaces, the growing adoption of IoT and AI technologies for smart parking solutions, and government initiatives promoting smart city development. On the other hand, challenges such as high initial investment costs, interoperability issues among different parking systems, and concerns regarding data security and privacy are affecting the market dynamics. Companies like ParkMobile, Park Assist, and FlashParking are actively involved in providing innovative smart parking solutions in Thailand to address these market dynamics.
6Wresearch actively monitors the Thailand Smart Parking Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Smart Parking Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Thailand Smart Parking Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Smart Parking Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Smart Parking Market - Industry Life Cycle |
3.4 Thailand Smart Parking Market - Porter's Five Forces |
3.5 Thailand Smart Parking Market Revenues & Volume Share, By System, 2021 & 2031F |
3.6 Thailand Smart Parking Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Thailand Smart Parking Market Revenues & Volume Share, By Parking Management Solution, 2021 & 2031F |
4 Thailand Smart Parking Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population density in Thailand leading to higher demand for efficient parking solutions. |
4.2.2 Government initiatives to promote smart city development, including smart parking systems. |
4.2.3 Growing adoption of connected vehicles and IoT technology driving the need for smart parking solutions. |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing smart parking systems. |
4.3.2 Lack of standardized regulations and guidelines for smart parking solutions in Thailand. |
4.3.3 Limited awareness and understanding of the benefits of smart parking among consumers and businesses. |
5 Thailand Smart Parking Market Trends |
6 Thailand Smart Parking Market, By Types |
6.1 Thailand Smart Parking Market, By System |
6.1.1 Overview and Analysis |
6.1.2 Thailand Smart Parking Market Revenues & Volume, By System, 2021-2031F |
6.1.3 Thailand Smart Parking Market Revenues & Volume, By Guided & Smart Park, 2021-2031F |
6.2 Thailand Smart Parking Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Thailand Smart Parking Market Revenues & Volume, By Ultrasonic, 2021-2031F |
6.2.3 Thailand Smart Parking Market Revenues & Volume, By Radar, 2021-2031F |
6.2.4 Thailand Smart Parking Market Revenues & Volume, By Image, 2021-2031F |
6.3 Thailand Smart Parking Market, By Parking Management Solution |
6.3.1 Overview and Analysis |
6.3.2 Thailand Smart Parking Market Revenues & Volume, By Security & Surveillance, 2021-2031F |
6.3.3 Thailand Smart Parking Market Revenues & Volume, By Valet & Parking Reservation, 2021-2031F |
6.3.4 Thailand Smart Parking Market Revenues & Volume, By License Plate Recognition, 2021-2031F |
7 Thailand Smart Parking Market Import-Export Trade Statistics |
7.1 Thailand Smart Parking Market Export to Major Countries |
7.2 Thailand Smart Parking Market Imports from Major Countries |
8 Thailand Smart Parking Market Key Performance Indicators |
8.1 Average occupancy rate of smart parking spaces in Thailand. |
8.2 Average turnaround time for parking transactions in smart parking facilities. |
8.3 Percentage increase in the number of smart parking installations in key cities of Thailand. |
8.4 Average revenue per user generated from smart parking services. |
8.5 Customer satisfaction ratings for smart parking experiences in Thailand. |
9 Thailand Smart Parking Market - Opportunity Assessment |
9.1 Thailand Smart Parking Market Opportunity Assessment, By System, 2021 & 2031F |
9.2 Thailand Smart Parking Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Thailand Smart Parking Market Opportunity Assessment, By Parking Management Solution, 2021 & 2031F |
10 Thailand Smart Parking Market - Competitive Landscape |
10.1 Thailand Smart Parking Market Revenue Share, By Companies, 2024 |
10.2 Thailand Smart Parking Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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