Automated Parking Systems Market Industry Analysis and Forecast (2022-2029)


Automated Parking Systems Market size was valued at US$ 1.38 Bn. in 2021 and the total revenue is expected to grow at 15.2% of CAGR through 2022 to 2029, reaching nearly US$ 4.28 Bn.

Automated Parking Systems Market Overview

The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Automated Parking Systems Market suppliers in the forecast period through 2029. The Maximize Market Research, an Automated Parking Systems   market research firm, has served more than 600 clients across the world since 2017.

Market Scope

The report provides current Automated Parking Systems market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Automated Parking Systems market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Automated Parking Systems market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Automated Parking Systems market research report.

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Key Segments Covered In Automated Parking Systems Industry Analysis :

In 2021, the fully automated segment had the highest revenue share (more than % CAGR) according to automation level. Robotic valet parking is a type of automated parking system that is similar to a fully automated parking system. The vehicle must be driven until it arrives at an APS entry area. The driver and all other passengers must leave the vehicle. The ticket is given to the driver after payment is made at a nearby automated terminal. The car is lifted by the mechanical system and moved to a designated parking spot in the system once all of the passengers have left the entry area. The more advanced, fully automated APS collects car dimensions and chooses an appropriate location for them.

by Automation Level

• Semi-automated
• Fully-automated

by Platform Type

• Palleted
• Non-palleted

by Component

• Handwear
• Software

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Key Players : 

• Parkmatic (US)
• Robotic Parking Systems, Inc. (US)
• AutoMotion Parking Systems (US)
• CityLift (US)
• DESIGNA (US)
• Parking Systems (US)
• FATA Automation (US)
• Park Plus Inc. (US)
• T2 Systems Inc. (US)
• U-Tron (US)
• Parkmatic (US)
• Klaus Multiparking GmbH (Germany)
• Cleverciti Systems GmbH (Germany)
• Westfalia (Germany)
• Wohr (Germany)
• SKIDATA GmbH (Germany)
• Palisa Automatic Parking GmbH & Co. KG (Germany)

Regional Analysis

Automated Parking Systems Region dominated the Automated Parking Systems Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Automated Parking Systems Market growth in the region. The Automated Parking Systems market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.

Key Questions answered in the Automated Parking Systems Market Report are:

  • What is Automated Parking Systems Market?
  • What is the forecast period of the Market?
  • What is the competitive scenario of the market?
  • Which region held the largest market share in the Market?
  • What are the opportunities for the Market?
  • What factors are affecting the market growth?
  • Who are the key players of the market?
  • Which company held the largest share in the market?
  • What will be the CAGR of the market during the forecast period?
  • What key trends are likely to emerge in the market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Automated Parking Systems
  • Landscape- Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Contact Information

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Published in

Automotive , News

Published on

Mar 05, 2023

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