[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.
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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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