The Global Automated Parking System Market, valued at USD 2.10 billion in 2023, is poised for remarkable growth, projected to reach USD 7.78 billion by 2031. This significant expansion, at a Compound Annual Growth Rate (CAGR) of 17.8% over the forecast period from 2024 to 2031, is driven by several key factors.
Automated parking systems (APS) offer innovative solutions to the growing problem of...
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