Global Automated Parking Systems Market study by “The Maximize Market Research” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Automated Parking Systems Market 2022, Industry Analysis, Growth, Trends, Opportunities Forecast To 2029
The market for Automated Parking Systems Market size was valued at US$ 1.38 Bn. in 2021 and the total revenue is expected to grow at 15.2% of CAGR through 2022 to 2029, reaching nearly US$ 4.28 Bn.
Overview for Automated Parking Systems market:
The overview section of the Automated Parking Systems market research explains the value chain structure, the industrial environment, regional analysis, applications, market size, and forecast. This most recent analysis examines the influence of COVID-19 on the market right now. Every element of life has been impacted by the global coronavirus (COVID-19) pandemic. Multiple changes in the Automated Parking Systems market size environment have resulted from this. The rapidly changing market environment is explored in the study, along with a short- and long-term evaluation of the impact. For the forecast period of 2022 to 2029, the research offers a comprehensive analysis of the market based on segmentation, geographic regions, and other factors. Additionally, based on a thoughtful study, it provides investment opportunities and potential market risks.
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High lights of the reports:
- Key industry developments and key insights
- Important marketing considerations, including motivators, obstacles, opportunities, and problems
- The number of important businesses, along with their sales and net income
- Other market trends
Market Segmentation:
Numerous market- and industry-related themes are highlighted by the research. Launching new products, growing your business, collaborating with others, forming joint ventures, and acquisitions are a few examples of marketing techniques. The worldwide healthcare business consultancy firm Maximize Market Research has published a market intelligence and competitive landscape report on "Automated Parking Systems Size.":
The completely automated segment experienced the highest revenue growth in 2021, with a CAGR of over xx%. Robotic valet parking is a form of automated parking system that is similar to a fully automated parking system. The car must be driven until it arrives at an APS entry place. The driver and all other passengers must leave the vehicle. The ticket is given to the driver when payment is made at a nearby automated terminal. The car is lifted by the mechanical system and relocated to a designated parking spot in the system once all of the passengers have left the entry area. The more advanced, fully automated APS collects automobile dimensions and chooses an appropriate spot for them.
Market key players:
• Skyline Parking AG (Switzerland)
• Westfalia Parking (US)
• Parkmatic(US)
• Robotic Parking Systems, Inc.(US)
• AutoMotion Parking Systems(US)
• Unitronics (1989) (R”G) Ltd.(Israel)
• Klaus Multiparking GmbH (Germany)
• City Lift Parking, LLC (India)
• Park Plus Inc.(India)
• Wohr Parking System Pvt. Ltd.(India)
Research methodology:
Top-down and bottom-up methodologies are employed to determine and validate the size of the global Automated Parking Systems market Growth. In order to compile a comprehensive list of active and significant participants, players strictly adhere to a number of industry classification standards. To identify the market companies most relevant for the inquiry, a rigorous validation test is also conducted. Priority rankings are arranged according to the revenue from the most recent quarter using subscription databases like Factiva, Bloomberg, and others. Last but not least, a questionnaire that focuses on the primary target categories was specifically created to meet all requirements for primary data collection by appointment only. This assists us in gathering information on, among other things, player earnings, costs of operations, profits, and the growth of different products and services. Nearly 70–80% of the data is obtained from original sources before being verified by a variety of secondary sources, including the World Bank, associations, corporate websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and more.
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