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The global self-parking chair market size was estimated at USD 4.7 billion in 2019 and is expected to reach USD 7.1 billion by 2027, growing with a CAGR of 6.2% over the forecasted period of 2021 to 2027. The self-parking chair is a system which is equipped with a magnetometer technology for navigation purpose and it is also a combination of ultrasonic for obstacle detection and avoidance during navigation. Moreover, these systems also help in reducing human efforts and saving time by using anisotropic magneto resistive (AMR) technology. This technology helps in chairs to navigate themselves and properly calculate their co-ordinate and identifying direction towards the destination. Furthermore, the self-parking chair is also known by intelligent parking as it fully technologically controlled.

Market Insights

In this technological world, the technology has made the world to move towards the artificial intelligence (AI) which is further boosting the demand of self-parking chair market. Moreover, automated technologies has become an important part of everyone life. Self-parking chair is a great solution to the problems of tidying up rows of the chair after office meeting. Moreover, in February 2016, Nissan Corporation has introduced a self-parking chair that park themselves back into their original position by providing the interrupt like a clap of hand to rearrange chairs to their actual position. These unique intelligent parking chairs can turn 360 degrees and located a target position with the help of cameras, placed throughout the room. Moreover, growing economy across the world is also one of the major factor which is positively impacting the growth of the self-parking chair market. In addition increasing investment in infrastructure development of corporate work place is expected to act as a key driver for the self-parking chair market during the forecast period.

Raising popularity of self-parking chairs among schools, collages, schools in the practical labs, dining room, restaurants, and others are further likely to act as a key driver for the growth of the self-parking chair market. These self-parking chairs are integrated with the number of advanced features like cameras, navigation, recording, obstacles detection which improves the self-parking chair experience. However, owing to monopolistic market with a high cost of self-parking chairs and slow adoption and lack of awareness rate are the major factor which are restraining the self-parking chair market. Raising technological level and continuous innovation and government support is further augmenting the growth of the market. Moreover, increasing purchasing powder and disposable income of the consumer in both developing and developed region is further creating the demand for self-parking chair market.

The easy accessibility offered by online sales channel has further boost the self-parking chair market, thus becoming a popular medium for the purchase of self-parking chair. Easy obtainability of information about the material used in self-parking chair, time-saving feature and the facility of home delivery contributes towards the growth of the online sales channel. Moreover, the raise in penetration of diversified online portals in emerging regions and the increase in number of discounts or offers which influence the customers to purchase self-parking chair through e-commerce channels. Moreover, e-commerce channels have raised the customer reach due to which is has become as a key source of revenue for many companies. In addition, the e-commerce market is anticipated to increase in the near future owing to rapid increase in online and mobile use customer base in developing and developed markets. Raise in online sales, improvement in logistics services, ease in payment options and the capacity to enter in new international markets for major brands is expected to further increase the demand for self-parking chair market.

Geographical Coverage 
 

North America market holds the major share in the year 2019 and it expected to retain its dominant during the forecast period. Increase in population and improved lifestyle are the major factors that boost the growth of the self-parking chair market. Raising purchasing power in this region is the prime factor which contributes towards the growth of the self-parking chair market.

Market Insights:

Application Insights

By application analysis, the self-parking chair market is segmented into collages, offices, schools, restaurant & hotels, personal use and others. The office segment is expected to hold a major market share in the self-parking chair market owing to its high demand in offices.

Distribution Channel

By distribution channel, the self-parking chair market is segmented into business-to business and business-to-consumer. Business-to business segment hold the major market share and it is projected to grow at a more than expected CAGR.

Key Companies Profiled

The global self-parking chair market is characterized by the presence of various small and big players. The major market player includes Nissan, zenith interiors, KD smart chairs and others. As the market is competitive in nature, the players are indulged in raising their competitive share by means of strategic initiatives like mergers, new product and acquisitions.

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Products & Issues in Global Self-Parking Chair Market
3. Global Self-Parking Chair Market Trends
4. Opportunities in Global Self-Parking Chair Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Self-Parking Chair Market Value (USD Million), 2020-2027

10. Global Self-Parking Chair Market Segmentation Analysis, By Applications
10.1. Introduction
10.2. Market Attractiveness, By Applications
10.3. BPS Analysis, By Applications
10.4. Office Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
10.5. Colleges Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
10.6. Schools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
10.7. Restaurants and Hotels Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
10.8. Personal Use Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
10.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027

11. Geographical Analysis
11.1. Introduction
11.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.1. By Applications
11.2.1.1. Introduction
11.2.1.2. Market Attractiveness, By Applications
11.2.1.3. BPS Analysis, By Applications
11.2.1.4. Office Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.1.5. Colleges Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.1.6. Schools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.1.7. Restaurants and Hotels Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.1.8. Personal Use Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.1.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.2. By Country
11.2.2.1. Market Attractiveness, By Country
11.2.2.2. BPS Analysis, By Country
11.2.2.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.2.2.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027

11.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.1. By Applications
11.3.1.1. Introduction
11.3.1.2. Market Attractiveness, By Applications
11.3.1.3. BPS Analysis, By Applications
11.3.1.4. Office Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.1.5. Colleges Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.1.6. Schools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.1.7. Restaurants and Hotels Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.1.8. Personal Use Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.1.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2. By Country
11.3.2.1. Market Attractiveness, By Country
11.3.2.2. BPS Analysis, By Country
11.3.2.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.3.2.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027

11.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.1. By Applications
11.4.1.1. Introduction
11.4.1.2. Market Attractiveness, By Applications
11.4.1.3. BPS Analysis, By Applications
11.4.1.4. Office Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.1.5. Colleges Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.1.6. Schools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.1.7. Restaurants and Hotels Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.1.8. Personal Use Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.1.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2. By Country
11.4.2.1. Market Attractiveness, By Country
11.4.2.2. BPS Analysis, By Country
11.4.2.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.4.2.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027

11.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.1. By Applications
11.5.1.1. Introduction
11.5.1.2. Market Attractiveness, By Applications
11.5.1.3. BPS Analysis, By Applications
11.5.1.4. Office Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.1.5. Colleges Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.1.6. Schools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.1.7. Restaurants and Hotels Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.1.8. Personal Use Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.1.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.2. By Country
11.5.2.1. Market Attractiveness, By Country
11.5.2.2. BPS Analysis, By Country
11.5.2.3. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.2.4. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.5.2.5. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027

11.6. Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.1. By Applications
11.6.1.1. Introduction
11.6.1.2. Market Attractiveness, By Applications
11.6.1.3. BPS Analysis, By Applications
11.6.1.4. Office Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.1.5. Colleges Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.1.6. Schools Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.1.7. Restaurants and Hotels Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.1.8. Personal Use Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.1.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.2. By Geography
11.6.2.1. Market Attractiveness, By Geography
11.6.2.2. BPS Analysis, By Geography
11.6.2.3. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.2.4. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.2.5. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027
11.6.2.6. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2020-2027

12. Competitive Landscape
12.1. Market Share of Key Players
12.2. Market Positioning of Major Players in Global Self-Parking Chair Market
12.3. Company Profiles*
12.3.1. Nissan Motor Corporation

*(includes company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key Distribution Channel, marketing and distribution strategies, new product development, recent news & acquisition, expansion, Vertical development, research & development expansion and other market activities.)

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