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Synopsis
The global Parking Lock Actuators market size was valued at USD 1152.4 million in 2022 and is forecast to a readjusted size of USD 3586.7 million by 2029 with a CAGR of 17.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Parking Lock Actuators market refers to the industry involved in the production and distribution of actuators specifically designed for parking lock systems. Parking lock actuators are electromechanical devices used to control the movement and operation of parking lock systems, which are used to secure parking spaces and prevent unauthorized access.
Parking lock systems are commonly used in parking lots, garages, and private driveways to reserve parking spaces or control access to designated areas. The actuators in these systems are responsible for raising and lowering the parking locks, allowing or restricting access to the parking spaces.
The market for parking lock actuators has witnessed growth due to the increasing demand for efficient parking management systems and the need for enhanced security in parking facilities. Factors such as urbanization, the growing number of vehicles, and the need to optimize parking space utilization have contributed to the market's expansion.
Key players in the parking lock actuators market include manufacturers, suppliers, and distributors of actuators and related components. These companies offer a range of actuators with different specifications, power options, and control mechanisms to meet the specific requirements of parking lock systems.
The market is driven by factors such as the need for automated parking solutions, improved parking space utilization, enhanced security and access control, and the integration of parking management systems with smart technologies. Actuators that offer features such as remote control operation, programmable settings, and compatibility with parking management software are in high demand.
Geographically, the market for parking lock actuators is global, with demand coming from various regions including North America, Europe, Asia Pacific, and the rest of the world. The market growth is influenced by factors such as urban development, infrastructure projects, and the expansion of commercial and residential spaces.
Additionally, advancements in actuator technology, such as the development of more compact and efficient actuators, improved durability and reliability, and the integration of wireless communication capabilities, are expected to drive the market forward.
These advancements aim to provide better user experience, increased functionality, and seamless integration with parking management systems.
Parking lock actuators are electromechanical devices used to control the movement and operation of parking lock systems, which are used to secure parking spaces and prevent unauthorized access.
This report is a detailed and comprehensive analysis for global Parking Lock Actuators market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
The Primary Objectives in This Report Are:
This report profiles key players in the global Parking Lock Actuators market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bosch, Stoneridge, Bitron, Valeo and Schaeffler, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Parking Lock Actuators market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Market segment by Application
Major players covered
Market segment by region, regional analysis covers
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Parking Lock Actuators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Parking Lock Actuators, with price, sales, revenue and global market share of Parking Lock Actuators from 2018 to 2023.
Chapter 3, the Parking Lock Actuators competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Parking Lock Actuators breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Parking Lock Actuators market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Parking Lock Actuators.
Chapter 14 and 15, to describe Parking Lock Actuators sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Parking Lock Actuators
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Parking Lock Actuators Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Electric Parking Lock Actuators
1.3.3 Hydraulic Parking Lock Actuators
1.4 Market Analysis by Application
1.4.1 Overview: Global Parking Lock Actuators Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Electric Vehicle (EV)
1.4.3 Hybrid Electric Vehicle(HEV)
1.5 Global Parking Lock Actuators Market Size & Forecast
1.5.1 Global Parking Lock Actuators Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Parking Lock Actuators Sales Quantity (2018-2029)
1.5.3 Global Parking Lock Actuators Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Bosch
2.1.1 Bosch Details
2.1.2 Bosch Major Business
2.1.3 Bosch Parking Lock Actuators Product and Services
2.1.4 Bosch Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Bosch Recent Developments/Updates
2.2 Stoneridge
2.2.1 Stoneridge Details
2.2.2 Stoneridge Major Business
2.2.3 Stoneridge Parking Lock Actuators Product and Services
2.2.4 Stoneridge Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Stoneridge Recent Developments/Updates
2.3 Bitron
2.3.1 Bitron Details
2.3.2 Bitron Major Business
2.3.3 Bitron Parking Lock Actuators Product and Services
2.3.4 Bitron Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Bitron Recent Developments/Updates
2.4 Valeo
2.4.1 Valeo Details
2.4.2 Valeo Major Business
2.4.3 Valeo Parking Lock Actuators Product and Services
2.4.4 Valeo Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Valeo Recent Developments/Updates
2.5 Schaeffler
2.5.1 Schaeffler Details
2.5.2 Schaeffler Major Business
2.5.3 Schaeffler Parking Lock Actuators Product and Services
2.5.4 Schaeffler Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Schaeffler Recent Developments/Updates
2.6 ZF
2.6.1 ZF Details
2.6.2 ZF Major Business
2.6.3 ZF Parking Lock Actuators Product and Services
2.6.4 ZF Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 ZF Recent Developments/Updates
2.7 Kongsberg Automotive
2.7.1 Kongsberg Automotive Details
2.7.2 Kongsberg Automotive Major Business
2.7.3 Kongsberg Automotive Parking Lock Actuators Product and Services
2.7.4 Kongsberg Automotive Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Kongsberg Automotive Recent Developments/Updates
2.8 Dura-Shiloh
2.8.1 Dura-Shiloh Details
2.8.2 Dura-Shiloh Major Business
2.8.3 Dura-Shiloh Parking Lock Actuators Product and Services
2.8.4 Dura-Shiloh Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Dura-Shiloh Recent Developments/Updates
2.9 Vitesco Technologies
2.9.1 Vitesco Technologies Details
2.9.2 Vitesco Technologies Major Business
2.9.3 Vitesco Technologies Parking Lock Actuators Product and Services
2.9.4 Vitesco Technologies Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Vitesco Technologies Recent Developments/Updates
2.10 EFI Automotive
2.10.1 EFI Automotive Details
2.10.2 EFI Automotive Major Business
2.10.3 EFI Automotive Parking Lock Actuators Product and Services
2.10.4 EFI Automotive Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 EFI Automotive Recent Developments/Updates
2.11 JOPP Group
2.11.1 JOPP Group Details
2.11.2 JOPP Group Major Business
2.11.3 JOPP Group Parking Lock Actuators Product and Services
2.11.4 JOPP Group Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 JOPP Group Recent Developments/Updates
2.12 Johnson Electric
2.12.1 Johnson Electric Details
2.12.2 Johnson Electric Major Business
2.12.3 Johnson Electric Parking Lock Actuators Product and Services
2.12.4 Johnson Electric Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Johnson Electric Recent Developments/Updates
2.13 Zhaowei
2.13.1 Zhaowei Details
2.13.2 Zhaowei Major Business
2.13.3 Zhaowei Parking Lock Actuators Product and Services
2.13.4 Zhaowei Parking Lock Actuators Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Zhaowei Recent Developments/Updates
3 Competitive Environment: Parking Lock Actuators by Manufacturer
3.1 Global Parking Lock Actuators Sales Quantity by Manufacturer (2018-2023)
3.2 Global Parking Lock Actuators Revenue by Manufacturer (2018-2023)
3.3 Global Parking Lock Actuators Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Parking Lock Actuators by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Parking Lock Actuators Manufacturer Market Share in 2022
3.4.2 Top 6 Parking Lock Actuators Manufacturer Market Share in 2022
3.5 Parking Lock Actuators Market: Overall Company Footprint Analysis
3.5.1 Parking Lock Actuators Market: Region Footprint
3.5.2 Parking Lock Actuators Market: Company Product Type Footprint
3.5.3 Parking Lock Actuators Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Parking Lock Actuators Market Size by Region
4.1.1 Global Parking Lock Actuators Sales Quantity by Region (2018-2029)
4.1.2 Global Parking Lock Actuators Consumption Value by Region (2018-2029)
4.1.3 Global Parking Lock Actuators Average Price by Region (2018-2029)
4.2 North America Parking Lock Actuators Consumption Value (2018-2029)
4.3 Europe Parking Lock Actuators Consumption Value (2018-2029)
4.4 Asia-Pacific Parking Lock Actuators Consumption Value (2018-2029)
4.5 South America Parking Lock Actuators Consumption Value (2018-2029)
4.6 Middle East and Africa Parking Lock Actuators Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Parking Lock Actuators Sales Quantity by Type (2018-2029)
5.2 Global Parking Lock Actuators Consumption Value by Type (2018-2029)
5.3 Global Parking Lock Actuators Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Parking Lock Actuators Sales Quantity by Application (2018-2029)
6.2 Global Parking Lock Actuators Consumption Value by Application (2018-2029)
6.3 Global Parking Lock Actuators Average Price by Application (2018-2029)
7 North America
7.1 North America Parking Lock Actuators Sales Quantity by Type (2018-2029)
7.2 North America Parking Lock Actuators Sales Quantity by Application (2018-2029)
7.3 North America Parking Lock Actuators Market Size by Country
7.3.1 North America Parking Lock Actuators Sales Quantity by Country (2018-2029)
7.3.2 North America Parking Lock Actuators Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Parking Lock Actuators Sales Quantity by Type (2018-2029)
8.2 Europe Parking Lock Actuators Sales Quantity by Application (2018-2029)
8.3 Europe Parking Lock Actuators Market Size by Country
8.3.1 Europe Parking Lock Actuators Sales Quantity by Country (2018-2029)
8.3.2 Europe Parking Lock Actuators Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Parking Lock Actuators Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Parking Lock Actuators Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Parking Lock Actuators Market Size by Region
9.3.1 Asia-Pacific Parking Lock Actuators Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Parking Lock Actuators Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Parking Lock Actuators Sales Quantity by Type (2018-2029)
10.2 South America Parking Lock Actuators Sales Quantity by Application (2018-2029)
10.3 South America Parking Lock Actuators Market Size by Country
10.3.1 South America Parking Lock Actuators Sales Quantity by Country (2018-2029)
10.3.2 South America Parking Lock Actuators Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Parking Lock Actuators Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Parking Lock Actuators Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Parking Lock Actuators Market Size by Country
11.3.1 Middle East & Africa Parking Lock Actuators Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Parking Lock Actuators Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Parking Lock Actuators Market Drivers
12.2 Parking Lock Actuators Market Restraints
12.3 Parking Lock Actuators Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Parking Lock Actuators and Key Manufacturers
13.2 Manufacturing Costs Percentage of Parking Lock Actuators
13.3 Parking Lock Actuators Production Process
13.4 Parking Lock Actuators Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Parking Lock Actuators Typical Distributors
14.3 Parking Lock Actuators Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch