The Global Automated Parking System Market was worth US$ 1.5 billion in 2019 and the estimated CAGR through 2030 is 11%. Rising adoption of integrated automated solutions, increased number of vehicles, advancements in vehicle communication technology, and increased investment in smart cities are the major factors driving the growth of the global automated parking system market.
The number of automobiles, especially passenger vehicles, has increased significantly during the past decade owing to the increased disposable income, rising competition in the market, and declining cost of passenger vehicles. The number of on-road vehicle has increased exponentially across major countries and has given rise to traffic congesting and parking space problems. This has resulted in emergence of automated paring systems. Automated parking systems are vertical parking systems operated with robotics systems. The integration of smart sensors and advanced controllers has helped in improving the efficiency and safety of automated parking systems. This has fueled the adoption of automated parking systems across densely populated areas. The traffic control authorities across major countries are focusing towards the adoption of automated parking systems to improve parking efficiency and reduce space consumption across congested areas. This is anticipated to drive the growth of the global automated parking system market during the forecast period.
Europe contributed a dominating share to the global market and is expected to witness prominent growth during the forecast period owing to the presence of significant number of automated parking system manufacturers and strong penetration of automated parking systems across leading countries such as the U.K., France, Germany, Spain and Italy. With increased emphasis on energy conservation, the Europe automated parking systems market is expected to witness prominent growth during the forecast period. Asia Pacific is anticipated to be the fastest growing segment during the forecast period owing to increasing number of passenger vehicles across leading countries and rising adoption of automated parking systems across commercial applications.
Automated Parking System Market Share Analysis, by Geography (2021)
The report titled “Automated Parking System Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global automated parking system market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global automated parking system market is segmented on the basis of component, automation level, type, platform type, parking levels, end user, and geography. Based on component, the global automated parking system market is segmented into solutions and services. Based on automation level, the global automated parking system market is segmented into semi-automatic parking systems and fully automated parking systems. Based on type, the global automated parking system market is segmented into hydraulic and electro-mechanical parking systems. Based on platform type, the global automated parking system market is segmented into palleted and non-palleted. Based on parking levels, the global automated parking system market is segmented into less than level 5, level 5 to level 15, and above level 15. Based on end user, the global automated parking system market is segmented into residential, commercial and industrial. Based on geography, the global automated parking system market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on automated parking system. Further, market share of prominent companies in the global automated parking system market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the automated parking system companies.
The global automated parking system market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the automated parking system business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global automated parking system market.
Major players active in the global automated parking system market include 5BY2, CITYLIFTS, DESIGNA, EITO&GLOBAL INC., FATA Automation, IHI Parking Systems, KLAUS MULTIPARKING SYSTEMS PVT. LTD, Pari, Park Plus, Inc., Parkmatic, Robotic Parking Systems, Inc., Romax Parking Solutions Ltd., Shandong Tada Auto Parking, Simmatec International Corporation, Skyline Parking, Unitronics, Watry Design, Inc., Westfalia Parking Systems, and wohr Parking System Pvt. Ltd.
1. Introduction 1.1. Research Objectives 1.2. Report Assumptions 1.3. Research Methodology 1.4. Abbreviations 2. Preface 2.1. Market Definition 2.2. Report Scope and Market Segmentation 2.3. Research Highlights 3. Market Synopsis: Global Automated Parking System Market 4. Global Automated Parking System Market Qualitative Analysis 4.1. Ecosystem Analysis 4.1.1. Role of participants 4.1.2. Integration scenario 4.2. Trends 4.2.1. Market trends 4.2.2. Technology Trends 4.3. PESTEL Analysis (For 5 prominent countries) 4.4. Market Influencers 4.4.1. Driving Forces 4.4.2. Hindering Forces 4.4.3. Opportunities 5. Global Automated Parking System Market Analysis and Forecast, by Component 5.1. Overview and definitions 5.2. Key segment analysis 5.3. Global Automated Parking System Market Estimates (US$ Mn), by Component, 2018 – 2030 5.3.1. Solutions 5.3.2. Services 6. Global Automated Parking System Market Analysis and Forecast, by Automation Level 6.1. Overview and definitions 6.2. Key segment analysis 6.3. Global Automated Parking System Market Estimates (US$ Mn), by Automation Level, 2018 – 2030 6.3.1. Semi-automatic parking systems 6.3.2. Fully automated parking systems 7. Global Automated Parking System Market Analysis and Forecast, by Type 7.1. Overview and definitions 7.2. Key segment analysis 7.3. Global Automated Parking System Market Estimates (US$ Mn), by Type, 2018 – 2030 7.3.1. Hydraulic 7.3.2. Electro-mechanical 8. Global Automated Parking System Market Analysis and Forecast, by Platform Type 8.1. Overview and definitions 8.2. Key segment analysis 8.3. Global Automated Parking System Market Estimates (US$ Mn), by Platform Type, 2018 – 2030 8.3.1. Palleted 8.3.2. Non-palleted 9. Global Automated Parking System Market Analysis and Forecast, by Parking Level 9.1. Overview and definitions 9.2. Key segment analysis 9.3. Global Automated Parking System Market Estimates (US$ Mn), by Parking Level, 2018 – 2030 9.3.1. Less than 5 9.3.2. Level 5 to 15 9.3.3. Above Level 15 10. Global Automated Parking System Market Analysis and Forecast, by End Use 10.1. Overview and definitions 10.2. Key segment analysis 10.3. Global Automated Parking System Market Estimates (US$ Mn), by End Use, 2018 – 2030 10.3.1. Residential 10.3.2. Commercial 10.3.3. Others 11. Global Automated Parking System Market Analysis and Forecast, by Region 11.1. Overview and definitions 11.2. Key segment analysis 11.3. Global Automated Parking System Market Estimates (US$ Mn), by Region, 2018 – 2030 11.3.1. North America 11.3.2. Europe 11.3.3. Asia Pacific 11.3.4. Middle East & Africa 11.3.5. South America 12. North America Automated Parking System Market Analysis and Forecast 12.1. Overview and definitions 12.2. Key segment analysis 12.3. North America Automated Parking System Market Estimates (US$ Mn), by Component, 2018 – 2030 12.3.1. Solutions 12.3.2. Services 12.4. North America Automated Parking System Market Estimates (US$ Mn), by Automation Level, 2018 – 2030 12.4.1. Semi-automatic parking systems 12.4.2. Fully automated parking systems 12.5. North America Automated Parking System Market Estimates (US$ Mn), by Type, 2018 – 2030 12.5.1. Hydraulic 12.5.2. Electro-mechanical 12.6. North America Automated Parking System Market Estimates (US$ Mn), by Platform Type, 2018 – 2030 12.6.1. Palleted 12.6.2. Non-palleted 12.7. North America Automated Parking System Market Estimates (US$ Mn), by Parking Level, 2018 – 2030 12.7.1. Less than 5 12.7.2. Level 5 to 15 12.7.3. Above Level 15 12.8. North America Automated Parking System Market Estimates (US$ Mn), by End Use, 2018 – 2030 12.8.1. Residential 12.8.2. Commercial 12.8.3. Others 12.9. North America Automated Parking System Market Estimates (US$ Mn), Country, 2018 – 2030 12.9.1. The U.S. 12.9.2. Canada 12.9.3. Rest of North America 13. Europe Automated Parking System Market Analysis and Forecast 13.1. Overview and definitions 13.2. Key segment analysis 13.3. Europe Automated Parking System Market Estimates (US$ Mn), by Component, 2018 – 2030 13.3.1. Solutions 13.3.2. Services 13.4. Europe Automated Parking System Market Estimates (US$ Mn), by Automation Level, 2018 – 2030 13.4.1. Semi-automatic parking systems 13.4.2. Fully automated parking systems 13.5. Europe Automated Parking System Market Estimates (US$ Mn), by Type, 2018 – 2030 13.5.1. Hydraulic 13.5.2. Electro-mechanical 13.6. Europe Automated Parking System Market Estimates (US$ Mn), by Platform Type, 2018 – 2030 13.6.1. Palleted 13.6.2. Non-palleted 13.7. Europe Automated Parking System Market Estimates (US$ Mn), by Parking Level, 2018 – 2030 13.7.1. Less than 5 13.7.2. Level 5 to 15 13.7.3. Above Level 15 13.8. Europe Automated Parking System Market Estimates (US$ Mn), by End Use, 2018 – 2030 13.8.1. Residential 13.8.2. Commercial 13.8.3. Others 13.9. Europe Automated Parking System Market Estimates (US$ Mn), Country, 2018 – 2030 13.9.1. Germany 13.9.2. United Kingdom 13.9.3. Belgium 13.9.4. Spain 13.9.5. Rest of Europe 14. Asia Pacific Automated Parking System Market Analysis and Forecast 14.1. Overview and definitions 14.2. Key segment analysis 14.3. Asia Pacific Automated Parking System Market Estimates (US$ Mn), by Component, 2018 – 2030 14.3.1. Solutions 14.3.2. Services 14.4. Asia Pacific Automated Parking System Market Estimates (US$ Mn), by Automation Level, 2018 – 2030 14.4.1. Semi-automatic parking systems 14.4.2. Fully automated parking systems 14.5. Asia Pacific Automated Parking System Market Estimates (US$ Mn), by Type, 2018 – 2030 14.5.1. Hydraulic 14.5.2. Electro-mechanical 14.6. Asia Pacific Automated Parking System Market Estimates (US$ Mn), by Platform Type, 2018 – 2030 14.6.1. Palleted 14.6.2. Non-palleted 14.7. Asia Pacific Automated Parking System Market Estimates (US$ Mn), by Parking Level, 2018 – 2030 14.7.1. Less than 5 14.7.2. Level 5 to 15 14.7.3. Above Level 15 14.8. Asia Pacific Automated Parking System Market Estimates (US$ Mn), by End Use, 2018 – 2030 14.8.1. Residential 14.8.2. Commercial 14.8.3. Others 14.9. Asia Pacific Automated Parking System Market Estimates (US$ Mn), Country, 2018 – 2030 14.9.1. Japan 14.9.2. India 14.9.3. China 14.9.4. Australia 14.9.5. Rest of Asia Pacific 15. Middle East & Africa Automated Parking System Market Analysis and Forecast 15.1. Overview and definitions 15.2. Key segment analysis 15.3. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), by Component, 2018 – 2030 15.3.1. Solutions 15.3.2. Services 15.4. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), by Automation Level, 2018 – 2030 15.4.1. Semi-automatic parking systems 15.4.2. Fully automated parking systems 15.5. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), by Type, 2018 – 2030 15.5.1. Hydraulic 15.5.2. Electro-mechanical 15.6. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), by Platform Type, 2018 – 2030 15.6.1. Palleted 15.6.2. Non-palleted 15.7. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), by Parking Level, 2018 – 2030 15.7.1. Less than 5 15.7.2. Level 5 to 15 15.7.3. Above Level 15 15.8. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), by End Use, 2018 – 2030 15.8.1. Residential 15.8.2. Commercial 15.8.3. Others 15.9. Middle East & Africa Automated Parking System Market Estimates (US$ Mn), Country, 2018 – 2030 15.9.1. Saudi Arabia 15.9.2. UAE 15.9.3. Rest of Middle East 16. South America Automated Parking System Market Analysis and Forecast 16.1. Overview and definitions 16.2. Key segment analysis 16.3. South America Automated Parking System Market Estimates (US$ Mn), by Component, 2018 – 2030 16.3.1. Solutions 16.3.2. Services 16.4. South America Automated Parking System Market Estimates (US$ Mn), by Automation Level, 2018 – 2030 16.4.1. Semi-automatic parking systems 16.4.2. Fully automated parking systems 16.5. South America Automated Parking System Market Estimates (US$ Mn), by Type, 2018 – 2030 16.5.1. Hydraulic 16.5.2. Electro-mechanical 16.6. South America Automated Parking System Market Estimates (US$ Mn), by Platform Type, 2018 – 2030 16.6.1. Palleted 16.6.2. Non-palleted 16.7. South America Automated Parking System Market Estimates (US$ Mn), by Parking Level, 2018 – 2030 16.7.1. Less than 5 16.7.2. Level 5 to 15 16.7.3. Above Level 15 16.8. South America Automated Parking System Market Estimates (US$ Mn), by End Use, 2018 – 2030 16.8.1. Residential 16.8.2. Commercial 16.8.3. Others 16.9. South America Automated Parking System Market Estimates (US$ Mn), Country, 2018 – 2030 16.9.1. Brazil 16.9.2. Rest of South America 17. Competition Analysis – Automated Parking System Market 17.1. Market Composition 17.2. Market Share Analysis (%), by Supplier (2019) 17.3. Company Profiles 17.3.1. 5BY2 17.3.1.1. Business overview 17.3.1.2. Management 17.3.1.3. Geographic presence 17.3.1.4. Product portfolio 17.3.1.5. Financial facts 17.3.1.6. Channel partners 17.3.1.7. Relevant news and strategic view 17.3.2. CITYLIFTS 17.3.3. DESIGNA 17.3.4. EITO&GLOBAL INC. 17.3.5. FATA Automation 17.3.6. IHI Parking Systems 17.3.7. KLAUS MULTIPARKING SYSTEMS PVT. LTD 17.3.8. Park Plus, Inc. 17.3.9. Parkmatic 17.3.10. Robotic Parking Systems, Inc. 17.3.11. Romax Parking Solutions Ltd. 17.3.12. Shandong Tada Auto Parking 17.3.13. Simmatec International Corporation 17.3.14. Skyline Parking 17.3.15. Unitronics 17.3.16. Watry Design, Inc. 17.3.17. Westfalia Parking Systems 17.3.18. wohr Parking System Pvt. Ltd. 18. Conclusion & Recommendations
