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Automated Parking System Market 2022 Growth Factors, Types and Application by Regional Geography 2030

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[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global automated parking system market was valued at around USD 1.5 billion in 2021 and is expected to register revenues worth USD 5.28 billion by the end of 2030, growing at an exceptional CAGR of approximately 8.9% between 2022 and 2030.

  Automated Parking System

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Automated Parking System Market Growth Factors:

The rapid urbanization and growing number of commercial and residential buildings across the globe is boosting the adoption of automated parking systems. The real estate developers are focusing on providing the automated facilities to their customers and including the installation of automated parking systems the high-rise commercial and residential projects, which is driving the demand for the automated parking system market.

The automated parking system can contribute to reduction in road traffics and can save time and fuel consumption, thereby reducing the emission. Excess amount of time and fuel is wasted in finding an appropriate parking space in urban cities. The limited availability of parking spaces coupled with growing number of vehicles on road is resulting traffic jams across the globe. Moreover, rapidly growing urban population is necessitating the adoption of the automated parking systems owing the availability of fewer spaces especially in the public places.

Automated Parking System Market Report Scope
Report Highlights Details
Market Size USD 5.28 Billion by 2030
Growth Rate CAGR of 8.9% From 2021 to 2030
Largest Market Europe
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Platform Type, Automation, Component, Structure Type, Region
Automated Parking System Market Report Highlights
  • Based on the platform type, the palleted segment dominated the market capturing around 61% of the market share in 2020. The palleted type offers increased capacity and higher utilization of space owing to its low height. This helps to save space and it is considered perfectly suitable for the buildings that has limited parking space. These benefits have fostered its adoption across the globe.
  • Based on the automation, the fully automated segment dominated the market in 2020, owing to the increased demand for the automation technologies in the developed markets like Europe and North America. The increased number of vehicles on road and the presence of higher number of commercial complexes across the globe has fostered the adoption of fully automated parking systems in the past that effectively helps to reduce the road traffic jams.
  • Based on component, the software is estimated to be the most opportunistic segment during the forecast period. Software needs regular upgradations and replacement owing to the constantly evolving technologies and features to improve the functioning and efficiency of the automated parking systems. Hence, the rapid developments in the software segment are expected to drive its growth.
  • Based on the structure type, silo segment dominated the market, acquiring a market share of over 20% in 2020. The increasing number of huge commercial complexes and increased adoption of silo systems in the commercial complexes has fostered the growth of this segment in the past years. The rapid urbanization in the developing economies is a major driver of this segment.

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

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some of the prominent players in the automated parking system market include:
  • Skyline Parking AG
  • Westfalia Parking
  • Robotic Parking Systems, Inc.
  • Klaus Multiparking GmbH
  • Wohr Parking System Pvt. Ltd
  • AutoMotion Parking Systems
  • Unitronics Ltd.
  • Parkmatic
  • Park Plus Inc.
  • City Lift Parking, LLC.
Automated Parking System Market Segments

By Platform Type

  • Palleted
  • Non-Palleted

By Automation

  • Semi-Automated
  • Fully Automated

By Structure Type

  • Silo System
  • AVG System
  • Puzzle System
  • Tower System
  • Shuttle System
  • Rail Guided Cart System

By Component

  • Software
  • Hardware

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global automated parking system market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the automated parking system market.

The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.

Why should you invest in this report?

If you are aiming to enter the global automated parking system market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automated parking system are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Automated Parking System Market 

5.1. COVID-19 Landscape: Automated Parking System Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Automated Parking System Market, By Platform

8.1. Automated Parking System Market, by Platform Type, 2021-2030

8.1.1. Palleted

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Non-Palleted

8.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Automated Parking System Market, By Automation

9.1. Automated Parking System Market, by Automation, 2021-2030

9.1.1. Semi-Automated

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Fully Automated

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Automated Parking System Market, By Structure Type 

10.1. Automated Parking System Market, by Structure Type, 2021-2030

10.1.1. Silo System

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. AVG System

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. Puzzle System

10.1.3.1. Market Revenue and Forecast (2019-2030)

10.1.4. Tower System

10.1.4.1. Market Revenue and Forecast (2019-2030)

10.1.5. Shuttle System

10.1.5.1. Market Revenue and Forecast (2019-2030)

10.1.6. Rail Guided Cart System

10.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Automated Parking System Market, By Component Type 

11.1. Automated Parking System Market, by Component Type, 2021-2030

11.1.1. Software

11.1.1.1. Market Revenue and Forecast (2019-2030)

11.1.2. Hardware

11.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 12. Global Automated Parking System Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Platform (2019-2030)

12.1.2. Market Revenue and Forecast, by Automation (2019-2030)

12.1.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.1.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Platform (2019-2030)

12.1.5.2. Market Revenue and Forecast, by Automation (2019-2030)

12.1.5.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.1.5.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Platform (2019-2030)

12.1.6.2. Market Revenue and Forecast, by Automation (2019-2030)

12.1.6.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.1.6.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Platform (2019-2030)

12.2.2. Market Revenue and Forecast, by Automation (2019-2030)

12.2.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.2.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Platform (2019-2030)

12.2.5.2. Market Revenue and Forecast, by Automation (2019-2030)

12.2.5.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.2.5.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Platform (2019-2030)

12.2.6.2. Market Revenue and Forecast, by Automation (2019-2030)

12.2.6.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.2.6.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Platform (2019-2030)

12.2.7.2. Market Revenue and Forecast, by Automation (2019-2030)

12.2.7.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.2.7.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Platform (2019-2030)

12.2.8.2. Market Revenue and Forecast, by Automation (2019-2030)

12.2.8.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.2.8.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Platform (2019-2030)

12.3.2. Market Revenue and Forecast, by Automation (2019-2030)

12.3.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.3.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Platform (2019-2030)

12.3.5.2. Market Revenue and Forecast, by Automation (2019-2030)

12.3.5.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.3.5.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Platform (2019-2030)

12.3.6.2. Market Revenue and Forecast, by Automation (2019-2030)

12.3.6.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.3.6.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Platform (2019-2030)

12.3.7.2. Market Revenue and Forecast, by Automation (2019-2030)

12.3.7.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.3.7.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Platform (2019-2030)

12.3.8.2. Market Revenue and Forecast, by Automation (2019-2030)

12.3.8.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.3.8.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Platform (2019-2030)

12.4.2. Market Revenue and Forecast, by Automation (2019-2030)

12.4.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.4.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Platform (2019-2030)

12.4.5.2. Market Revenue and Forecast, by Automation (2019-2030)

12.4.5.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.4.5.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Platform (2019-2030)

12.4.6.2. Market Revenue and Forecast, by Automation (2019-2030)

12.4.6.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.4.6.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Platform (2019-2030)

12.4.7.2. Market Revenue and Forecast, by Automation (2019-2030)

12.4.7.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.4.7.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Platform (2019-2030)

12.4.8.2. Market Revenue and Forecast, by Automation (2019-2030)

12.4.8.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.4.8.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Platform (2019-2030)

12.5.2. Market Revenue and Forecast, by Automation (2019-2030)

12.5.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.5.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Platform (2019-2030)

12.5.5.2. Market Revenue and Forecast, by Automation (2019-2030)

12.5.5.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.5.5.4. Market Revenue and Forecast, by Component Type (2019-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Platform (2019-2030)

12.5.6.2. Market Revenue and Forecast, by Automation (2019-2030)

12.5.6.3. Market Revenue and Forecast, by Structure Type (2019-2030)

12.5.6.4. Market Revenue and Forecast, by Component Type (2019-2030)

Chapter 13. Company Profiles

13.1. Skyline Parking AG

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Westfalia Parking

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Robotic Parking Systems, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Klaus Multiparking GmbH

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Wohr Parking System Pvt. Ltd

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. AutoMotion Parking Systems

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Unitronics Ltd.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Parkmatic

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Park Plus Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. City Lift Parking, LLC.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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About Us

Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.

From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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