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Automated Parking System Market

Automated Parking System Market: Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030

Automated Parking System Market Segmented By Technology such as Semi-Automatic Parking System and Automatic Parking System

Automated Parking System Market: Introduction

Automated Parking System is a technology which is used to regulate parking in order to optimize area required for parking. Automated Parking System is design through which one can minimize volume required for parking of cars. Automated Parking System is used to create multi story parking system which elevates the number of parking spaces while reducing usage of the land required for the parking lots.

The automated parking system provides an automated system to transport vehicle to and from parking lot with driverless transport of the vehicle eliminates lots of space wastage that actually occurs in manual parking multi story parking lots.

In other words, Automated Parking System provides automatic storage and retrieval of cars or vehicle which makes it immensely efficient in terms of land coverage and time required for parking and retraction of vehicle from the parking space.

These Parking System are going to prove most effective in metropolitan cities and urban regions to cope up with the intensifying problem of insufficient parking spaces.

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Automated Parking System Market: Dynamics

With the extensive use and bulging number of in use vehicles across the globe has also raised concerns over the parking space issues for these vehicles. To overcome these problem and to optimize the use of limited parking space the use of automated parking system has gained prominence in most of the metropolitan cities.

Due to the limitations in the parking spaces the incidents of violation of no parking zone has increased at a substantial rate obstructing the traffic on that road and creating situation of heavy traffic congestion. In order to effectively reduce this problem and to cope up with this situation.

The market is anticipated to bolster its sales in the market. Also, in the automated car parking system there is no requirement of space required to open the door or the circulation area for the vehicle which help to reduce 60 percent less building volume and 40 percent lesser area than traditional garages.

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Automated Parking System Market: Segmentation

On the basis of Technology
  • Semi-Automatic Parking System
  • Automatic Parking System
On the basis of End Use Application
  • Residential Automated Parking System
  • Commercial Automated Parking System
  • Government Parking lots
On the basis of Navigation System
  • AGV (Automated Guided Vehicles) Automated Parking System
  • Crane Automated Parking System
  • Puzzle type Automated Parking System
  • RGC (Rail Guided Carts) Automated Parking System
  • Shuttle Automated Parking System
  • Silo Automated Parking System
  • Tower Automated Parking System
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Automated Parking System Market: Regional Overview

The market of North America is anticipated to have substantial market share and is also expected to grow at a swift pace due to extensive adoption of automation technologies in the region. Also to have a proper system and regulate the parking space for huge on road fleet in the country like U.S. the use of Automotive Parking System is likely to bolster in the region.

The increasing sales and use of automobile vehicles in the developing nations like India and ASEAN region are expected to propel the market for automated parking system market in South Asia.

The real estate developers in the region are expected to adopt automotive parking system. This adoption is anticipated to reduce required parking space by optimization of parking usage subsequently increasing the construction area.

The countries like Japan and China are expected to emerge as forerunners in the market of East Asia and also anticipated to reinforce sales for automated parking system in the region. The Europe is also expected to procure decent growth in the market with the inclination of consumers to use automated parking system in order to get rid of time consuming and cumbersome process of parking.

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Automated Parking System Market: Market Participants

Some of the prominent manufacturers identified across the value chain are as follows:

  • Mitsubishi Electric Corporation
  • AJ Automated Parking Systems
  • Expert Parking
  • Unitronics Corporation
  • Klaus Multiparking
  • Westfalia Parking
  • Wohr
  • Robotic Parking Systems, Inc.r
  • CityLift
  • FATA Automation
  • Boomerang Systems
  • TAPS

The research report presents a comprehensive assessment of the Automated Parking System Market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Automated Parking System Market segments such as geographies, Technology, End Use application, and Navigation.

The report covers exhaustive analysis on:

  • Automated Parking System Market Segments
  • Automated Parking System Market Dynamics
  • Automated Parking System Market Size
  • Automated Parking System Supply & Demand
  • Automated Parking System Current Trends/Issues/Challenges
  • Automated Parking System Competition & Companies involved
  • Automated Parking System Technology
  •  Automated Parking System Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • South Asia (India, Indonesia, Thailand)
  • East Asia (China, Japan, South Korea,)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

The global Automated Parking System Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The global Automated Parking System Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The global Automated Parking System Market report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth.

- Companies Covered in This Report -

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