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 total global market for Automated Parking Systems Market was in 2021 from the supply side, claimed Sr. Research Analyst Ms. Neha Nalwade while publishing the report. Maximize Market research published the global market and industry analysis report on the Automated Parking Systems Market market on 20th November and is available in the market now. The report includes key business insights and market sizing by region, products, and applications, with a forecast for 2029.
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Automated Parking Systems Market Scope
The Maximize Market research Report provides Automated Parking Systems Market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the Automated Parking Systems Market , including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in the report.
Maximize Market Research report explains how to do in-depth research on the Automated Parking Systems Market and develop conclusions about the market's future growth factors. The research technique combines primary and secondary research methodologies to ensure the authenticity and validity of the findings in the research.
Automated Parking Systems Market Segmentation
In 2021, the fully automated segment had the highest revenue share (more than xx% 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.
By platform type in 2021, the automated parking systems market was dominated by the palleted segment, with a CAGR . These techniques facilitate vehicle movement in the parking space because cars cannot be moved or lifted without the driver. These parking options are anticipated to advance in the future as more people choose to work from home because they enhance vehicle security, enhance urban ambiance, and offer higher parking densities than traditional car parks.
The market for automated parking systems is segmented by component type into hardware and software segments. The hardware sector, which includes pucks, cameras & LPRs, smart metres, signs, and parking gates, dominates the market for smart parking systems. On-street parking frequently makes use of smart metres and cameras. Hardware adoption has become commonplace as a result of cities' expanding need for on-street parking.
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)
• Skyline Parking AG (Switzerland)
• Dayand Parking Co., Ltd. (China)
• Eito & Global Inc. (Japan)
• Amano Corporation (Japan)
• Unitronics (Israel)
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Regional Analysis
The report on the Automated Parking Systems Market 's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Automated Parking Systems Market Report are:
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Mar 06, 2023