The latest market intelligence report, titled ‘Global Automated Parking System Market’, is intended to provide the target audience with the necessary information about the global Automated Parking System industry. The report comprises a detailed analysis of the vital elements of the Automated Parking System market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Automated Parking System market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. As a result, the report, released by Emergen Research, is a thorough compilation of the essential elements of the Automated Parking System market, including the major market segments, top competitors, their company profiles, pricing strategies, production capabilities, revenue generation plans, technological advancements, and many others. It also includes the key players' product offerings, the broad application range of these products, the major market segments, and many others. The epidemic has had a significant impact on the world economy, which has disrupted the way the Automated Parking System market functions. Organizations have been forced by the severe global crisis to effectively adapt to the quickly changing business environment. The study also assesses the pandemic's initial and long-term effects on the keyword market.

The global automated parking system market size was USD 1319.9 Million in 2021 and is expected to register a revenue CAGR of 15.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for sustainable parking solutions and rapid urbanization is a key factor driving market revenue growth.

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The global Automated Parking System market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Automated Parking System market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Leading companies profiled in the report:

Robotic Parking Systems, Inc., Skyline Parking, Klaus Multiparking, Westfalia Parking, FATA Automation, Park+, Unitronics Inc., Parkmatic, Wohr Parking Systems Pvt. Ltd., and T2 Systems

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The report also presents the analytical information in a well-organized fashion divided into graphs, tables, charts, figures, and diagrams. This makes it simple and useful for readers to comprehend the market situation. The research also tries to convey a forward-looking perspective and reach an insightful conclusion to help the reader make profitable business decisions. In summary, the report offers a thorough analysis of the market segments anticipated to dominate it, the regional division, the estimated market size and share, as well as a thorough SWOT analysis and Porter's Five Forces Analysis.

On the basis of type, the market is segmented into

• Component Outlook (Revenue, USD Million; 2019-2030)

  • Hardware
  • Software

• Application Outlook (Revenue, USD Million; 2019-2030)

  • Commercial parking
  • Residential parking

• Structure Type Outlook (Revenue, USD Million; 2019-2030)

  • Silo system
  • Tower system
  • Puzzle system
  • Shuttle system
  • Rail Guided Cart (RGC) system
  • Automated Guided Vehicle (AGV) system

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