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Automated Parking Systems Market Size, Share, Growth, Demand, Revenue, Major Players, and Future Outlook
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 Report Scope and Research Methodology

The report covers the Automated Parking Systems Market most recent revenue and market trends. It provides a Automated Parking Systems market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Automated Parking Systems Market, such as gross margin, cost, market share, capacity utilization, and supply. It also aids in determining the future potential of Automated Parking Systems Market in the next years. The report provides the market size and share, which helps in understanding the market and the report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with decision-making processes in the Automated Parking Systems market. The report examines the top players in the Automated Parking Systems market in terms of their size, market share, market growth, revenue, production volume, and profitability. The research outlines which growth strategies are being used by major market players, including strategic alliances, new product innovation, and helps to understand competitor pricing in the Automated Parking Systems market.

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Market Segmentation

By the Automation level, the fully automated segment held the largest revenue share of over xx% of CAGR in 2022. A fully automated parking system is a type of automated parking system that is similar to robotic valet parking. The driver must drive the vehicle until it reaches the entry area of an APS. The car must be vacated, with the driver and all passengers exiting. The driver pays at a nearby automated terminal and receives the ticket. When all of the passenger’s exit the entry area, the automobile is lifted by the mechanical system and moved to a pre-determined parking location in the system. The more sophisticated completely automated APS gathers car dimensions and locates a suitable location for them. The operator tries to squeeze the car into the smallest parking space. The driver gets the car by entering the ticket or code he obtained previously into an automated terminal. The APS removes the car from the parking slot and transports it to the exit area. The primary goal of a completely automated APS is to eliminate the necessity for parking attendants.

Market Key Players

• Parkmatic (US)
• Robotic Parking Systems, Inc. (US)
• AutoMotion Parking Systems (US)
• CityLift (US)
• DESIGNA (US)
• Parking Systems (US)
• FATA Automation (US)
• Park Plus Inc. (US)
• T2 Systems Inc. (US)
• U-Tron (US)
• Parkmatic (US)
• Klaus Multiparking GmbH (Germany)
• Cleverciti Systems GmbH (Germany)
• Westfalia (Germany)

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Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Region
  • Competitive Landscape – Top Market Players and Other Prominent Market Players

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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