Automated Parking Systems Market
Automated Parking Systems Market - Global Industry Assessment & Forecast
Segments Covered
- By Automation Level Semi-automated, Fully Automated
- By System Type Hardware , Software
- By End User Commercial, Residential, Mixed-use
- By Design Model Hydraulic, Electro-mechanical
- By Platform Type Palleted, Non-palleted
- By Parking level Less Than Level 5, Level 5-Level 10, More than Level 15
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1.92 Billion |
Revenue 2030: | USD 5.22 Billion |
Revenue CAGR (2023 - 2030): | 13.3% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Automated Parking Systems Market by Automation Level by System Type by End User by Design Model by Platform Type by Parking level by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Automated Parking Systems supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Automated Parking Systems market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Automated Parking Systems supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Automated Parking Systems market.
FAQ
Frequently Asked Question
What is the global demand for Automated Parking Systems in terms of revenue?
-
The global Automated Parking Systems valued at USD 1.92 Billion in 2022 and is expected to reach USD 5.22 Billion in 2030 growing at a CAGR of 13.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Klaus Multiparking, Boomerang Systems, Westfalia, Unitronics, Parkmatic, APS, Citylift, TAPS, FATA Automation, Robotic Parking Systems..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.3% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automated Parking Systems include
- Growing urbanization and the need for efficient space utilization
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Automated Parking Systems in 2022.