Automated Parking Management Systems Market Overview

The report delivered by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The Automated Parking Management Systems Market overview provides thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.

Market Values:

Automated Parking Management Systems Market size is projected to reach US$ 4.60 Bn. by end of 2029, at a CAGR of 12.9%.

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Automated Parking Management Systems Market Report Scope and Research Methodology

The Automated Parking Management Systems Market report offers a thorough analysis of segments and sub-segments in local, global and regional markets. The report focuses on how drivers, restraints, and macro variables affect local, global and regional Systems of Automated Parking Management Systems markets. The report contains a comprehensive analysis of the global Automated Parking Management Systems System market's trends, forecasts, and monetary values. Primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Automated Parking Management Systems market are included in the report.  The bottom-up approach was used in the report for Automated Parking Management Systems market estimation. The report includes aspects of the industry with key players such as market leaders, market followers and new entrants.

The report provides a thorough analysis of the demand projections, market trends, and micro and macro factors Automated Parking Management Systems market. The report covers the factors that are driving and restricting the market’s growth. The report uses analytical methodologies such as Porter's five forces analysis and PESTLE of the Market to deliver market insights. The report involves an analysis of current market trends as well as forecasts for the years.

Automated Parking Management Systems Market Regional Insights

 The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis in the report helps to understand the Automated Parking Management Systems market in several countries. The Automated Parking Management Systems market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Automated Parking Management Systems Market Segmentation

The automated parking management systems market is divided into five categories: geography, end use, system, service & solution, and automation model. According to the level of automation, the semi-automated parking system market segment is anticipated to command a significant market share in 2018. Semi-automation is a time-honored, well-proven technology with low production costs that is frequently employed in passenger cars. In contrast, in a completely automated parking system, the driver pulls up to the entrance, where the driver and all passengers get out. Finally, the vehicle is parked by the system on its own in a parking spot that is free.

Automated Parking Management Systems Market, by Mode of Automation

• Semi-automated Parking System
• Fully automated Parking System

Automated Parking Management Systems Market, System by Technology

• Sensor Technology
• Mobile Technology
• RFID Technology

Due to the rising development of rural areas and the rise in automated parking management system technology on the worldwide market, it is predicted that the need for sensor technology would increase significantly during the projection period.

Automated Parking Management Systems Market, by Service & Solution

• Integrated Payments
• Vehicle Detection Solutions
• Space Reservation Services
• Monitoring & Reporting Services

Due to the need to replace time-consuming manual operations with more automated ones, monitoring & reporting services and vehicle identification solutions are projected to be in high demand.

Automated Parking Management Systems Market, by System

• Software
• Hardware

Automated Parking Management Systems Market, by End-use

• Residential
• Commercial

Commercial users include shopping centres and other such locations, depending on their intended use. In the business sector, there is an increasing demand to increase vehicle traffic and automate parking management. To lessen traffic and parking time, some clubs are utilising smart parking options.

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Automated Parking Management Systems Market Key Players

• kyline Parking AG
• CityLift Parking
• Robotic Parking Systems Inc.
• UNITRONICS
• Dayang Parking Co. Ltd
• Klaus Multiparking Systems Pvt. Ltd.
• AUTOMOTION Parking Systems
• EITO & Global Inc.
• DONGYANG MENICS
• PARKMATIC TM
• FATA AUTOMATION,
• MHE DEMAG (S) Pte Ltd.
• 5BY2
• IHI
• Katopark
• Nissei Build Industries
• Parkmatic
• PARKPLUS
• Qingdao Bortome
• Simmatec
• Sotefin
• Tada

Key questions answered in the Automated Parking Management Systems Market are:

• Which are the factors expected to drive the Automated Parking Management Systems market growth?
• What are the different segments of the Automated Parking Management Systems Market?
• What growth strategies are the players considering to increase their presence in Automated Parking Management Systems ?
• What are the upcoming industry applications and trends for the Automated Parking Management Systems Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Automated Parking Management Systems Market?
• Who are the leading companies and what are their portfolios in Automated Parking Management Systems Market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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