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 primary goal of this research is to assist the user in understanding the Automated Parking Systems market in terms of definition, segmentation, market potential, significant trends, and the problems that the Automated Parking Systems industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Market Dynamic:
The most recent technology is robot auto parking, which allows cars to park in a parking lot controlled by robotic-powered equipment. It means that car parking is available at the touch of a button and is automated, from automatic ramps and barriers to other developing technology, which is expected to improve the car parking experience in the future, driving the automated parking systems market growth over the forecast period.
Segmentation:
Based on component type, the automated parking systems market is segmented into hardware and software segments. The hardware component, which comprises pucks, cameras and LPRs, smart metres, signage, and parking gates, dominates the market for smart parking systems. In on-street parking, smart metres and cameras are widely used. The increased demand for on-street parking in cities has resulted in broad hardware deployment. Because most people leave their cars parked for several hours, governments are putting more equipment and cameras on the road to regulate traffic flow, which is prompting smart parking systems to grow more popular. Sony published a fresh demonstration in July 2022 of how its IMX500 sensors, aided by AI processing, are at the heart of three “smart city” trials in Japan.
Global Automated Parking Systems Market, by Automation Level (2022-2029)
• Semi-automated
• Fully-automated
Global Automated Parking Systems Market, by Platform Type (2022-2029)
• Palleted
• Non-palleted
Global Automated Parking Systems Market, by Component (2022-2029)
• Handwear
• Software
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Automated Parking Systems market are
1. Parkmatic (US)
2. Robotic Parking Systems, Inc. (US)
3. AutoMotion Parking Systems (US)
4. CityLift (US)
5. DESIGNA (US)
6. Parking Systems (US)
7. FATA Automation (US)
8. Park Plus Inc. (US)
9. T2 Systems Inc. (US)
10.U-Tron (US)
11.Parkmatic (US)
12.Klaus Multiparking GmbH (Germany)
13.Cleverciti Systems GmbH (Germany)
14.Westfalia (Germany)
15.Wohr (Germany)
16.SKIDATA GmbH (Germany)
17.Palisa Automatic Parking GmbH & Co. KG (Germany)
18.Skyline Parking AG (Switzerland)
19.Dayand Parking Co., Ltd. (China)
20.Eito & Global Inc. (Japan)
21.Amano Corporation (Japan)
22.Unitronics (Israel)
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Regional Analysis:
The report focuses on Global Regions and Market Size of Automated Parking Systems , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Automated Parking Systems Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Automated Parking Systems industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Automated Parking Systems Market Report are:
- What is the function of Automated Parking Systems ?
- What is the predicted revenue generation of the Automated Parking Systems market?
- At what growth rate is the Automated Parking Systems market evolving?
- Who are the major market giants operating in the Automated Parking Systems market?
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