The management of car parks is a highly lucrative activity dominated by a handful of players. Two factors have profoundly changed the sector: the end of parking concessions built between the 1960s and 1980s and the policies put in place in recent years that have greatly reduced road space.
Municipalities are the main users of car parks: they increasingly use private parking operators (55% of the market), who often come from the construction industry, to build and operate car parks. The SEM (mixed economy company) is another possible management method (28%). Only 18% of cities choose to manage this activity directly with an advertising agency. New entrants (motorway concessionaires, airport managers) are interested in this buoyant market, which is not very sensitive to the economic situation. Vinci Park is the European leader in parking, alongside it are Effia, Autocité, Q-Park and Saemes among others. The Swedish Easy Parc has acquired the French MobileCity (parking space via mobile). In Paris, Indigo and Urbis now control on-street parking spaces and control parking payment.
Once infrequent, parking lots are becoming increasingly welcoming. Operators do not hesitate to offer new services (self-service bicycles, perfume dispensers, selective sorting) to win tenders.
Faced with increasing urbanisation (50% of city dwellers in 2016), demographic growth, and the increase in the number of motorised people (600 Vehicles per 1000 inhabitants in Europe in 2006) and the evolution of vehicles, car parks must expand and evolve. In 2000 the parking market represented 15 billion euros worldwide, it jumped to 40 billion euros from 2000 to 2015 and should reach 100 billion euros by 2025. In Europe there are 34 million spaces in operation, 64% of which are in the street and 36% in indoor parking.
In France, 95% of cars parked outside do not move from their place (suction cups) and 2/3 of motorists do not pay for their parking, generating a significant loss of income for communities. Moreover, 50% of Europeans estimate that they will own their car, and 25% estimate that they will be joint owners of a car, the remaining 25% see the car as a service paid according to its needs. Finally, an average of 20% of cars are constantly looking for a place, generating congestion, which is expensive for cities.
Market players are therefore forecasting major changes in line with changes in cities, urbanisation and citizens' habits. As more and more cars are connected, the car park offer will also evolve in this direction.
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