Smart Parking Solutions: Global Automated Parking Systems Market Projections and Trends 2029
Automated Parking Systems Market size was valued at US$ 1.58 Bn. in 2022 and the total revenue is expected to grow at 15.2% of CAGR through 2023 to 2029, reaching nearly US$ 4.28 Bn.
Automated Parking Systems Market Overview
The Automated Parking Systems Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029. The report provides Automated Parking Systems Market drivers and restraints.
A mechanical system known as an automated car parking system is made to cram as many vehicles as possible into as little space as possible. An automated parking system increases parking space while utilising less space by stacking vehicles vertically on a number of levels, similar to any multi-story garage. Since the Automated Parking Systems APS are powered by a mechanical system to move vehicles, drivers are no longer necessary. An automated storage and retrieval system for cars is a better name for APS.
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Market Scope
During the forecast, the Automated Parking Systems Market is developing at a stable rate between 2022 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2022 and 2029. The report provides current Automated Parking Systems Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Automated Parking Systems Market research report.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
Automated Parking Systems Market Segmentation
Global Automated Parking Systems Market: Research Methodology
Global Automated Parking Systems Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Automated Parking Systems Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
Global Automated Parking Systems Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
Global Automated Parking Systems Market Segmentation
- Global Automated Parking Systems Market, by Platform Type (2022-2029))
- Global Automated Parking Systems Market, by Automation Level (2022-2029))
- Global Automated Parking Systems Market, by Component (2022-2029))
Regional Automated Parking Systems Market (2022-2029))
- Regional Automated Parking Systems Market, by Platform Type (2022-2029)
- Regional Automated Parking Systems Market, by Automation Level (2022-2029))
- Regional Automated Parking Systems Market, by Component (2022-2029))
- Regional Automated Parking Systems Market, by Region (2022-2029))
Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
- Consolidation in the Marke
- M&A by region
- Key Developments by Companies
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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)
• Skyline Parking AG (Switzerland)
• Dayand Parking Co., Ltd. (China)
• Eito & Global Inc. (Japan)
• Amano Corporation (Japan)
• Unitronics (Israel)
The global Automated Parking Systems Market research report contains a detailed regional key player analysis of the Automated Parking Systems Market industry, with an emphasis on business growth opportunities and market hurdles in each of the globe’s major regions.
Regional Analysis
The regional analysis provided in our report helps you understand the Automated Parking Systems Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Automated Parking Systems Market . Local and regional development plans are often affected by the performance of Automated Parking Systems Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Automated Parking Systems Market Report are:
- What is Automated Parking Systems Market ?
- What is the forecast period of the Automated Parking Systems Market ?
- What is the competitive scenario of the Automated Parking Systems Market ?
- Which region held the largest market share in the Automated Parking Systems Market ?
- What are the opportunities for the Automated Parking Systems Market ?
- What factors are affecting the Automated Parking Systems Market growth?
- Who are the key players of the Automated Parking Systems Market ?
- Which company held the largest share in the Automated Parking Systems Market ?
- What will be the CAGR of the Automated Parking Systems Market during the forecast period?
- What key trends are likely to emerge in the Automated Parking Systems Market in the coming years?
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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 Market
- Landscape- Leading key players and other prominent key players.
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