Automated Parking Systems Market size was valued at US$ 1.82 Bn. in 2023 and the total revenue is expected to grow at 15.2% of CAGR through 2024 to 2030, reaching nearly US$ 4.90 Bn.
Automated Parking Systems Market Report Overview:
The report encompasses the latest revenue and trends within the Automated Parking Systems Market It provides an introduction to the Automated Parking Systems market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Automated Parking Systems Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Automated Parking Systems Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Automated Parking Systems industry.
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Automated Parking Systems Market Report Scope and Research Methodology:
The primary objective of the Global Automated Parking Systems Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Automated Parking Systems market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Automated Parking Systems industry, segmented both regionally and by segment.
The report on the Automated Parking Systems Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Automated Parking Systems market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.
Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Automated Parking Systems industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Automated Parking Systems market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Automated Parking Systems Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Automated Parking Systems Market.
Automated Parking Systems Market Key Players:
1. Parkmatic (US)
2. Robotic Parking Systems, Inc. (US)
3. AutoMotion Parking Systems (US)
4. CityLift (US)
5. DESIGNA (US)
6. Parking Systems (US)
7. FATA Automation (US)
8. Park Plus Inc. (US)
9. T2 Systems Inc. (US)
10.U-Tron (US)
11.Parkmatic (US)
12.Klaus Multiparking GmbH (Germany)
13.Cleverciti Systems GmbH (Germany)
14.Westfalia (Germany)
15.Wohr (Germany)
16.SKIDATA GmbH (Germany)
17.Palisa Automatic Parking GmbH & Co. KG (Germany)
18.Skyline Parking AG (Switzerland)
19.Dayand Parking Co., Ltd. (China)
20.Eito & Global Inc. (Japan)
21.Amano Corporation (Japan)
22.Unitronics (Israel)
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Automated Parking Systems Market Segmentation:
by Automation Level
Semi-automated
Fully-automated
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.
by Platform Type
Palleted
Non-palleted
Automobiles cannot be moved or lifted without the driver, these methods make vehicle movement in the parking space easier. As the number of people opting to work from home grows, these parking solutions are expected to develop in the future as they improve vehicle security, improve the cityscape, and provide better parking density than conventional car parks. These solutions do not require car-size accommodations, which reduces the complexity of transportation processes.
by Component
Handwear
Software
The automated parking systems market is divided into hardware and software segments based on components. The market for smart parking systems is dominated by the hardware segment, which includes pucks, cameras & LPRs, smart meters, signs, and parking gates. Smart meters and cameras are frequently used in on-street parking. Cities' growing need for on-street parking has led to widespread hardware adoption. Governments are placing more equipment and cameras on the road to maintain traffic flow because most people leave their cars parked there for several hours, which is causing smart parking systems to become more popular.
Automated Parking Systems Market Regional Insights:
Geographically, the report is segmented into several key countries, with Automated Parking Systems market size, growth rate, import and export of Automated Parking Systems market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
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Key Questions answered in the Automated Parking Systems Market Report are:
1.How has the Automated Parking Systems Market performed so far and how will it perform in the coming years?
2.What is the market segmentation of the global Automated Parking Systems Market ?
3.What is the regional breakup of the global Automated Parking Systems Market ?
4.What are the price trends of various feedstocks in the Automated Parking Systems Market industry?
5.What is the structure of the Automated Parking Systems Market industry and who are the key players?
6.What are the various unit operations involved in a Automated Parking Systems Market processing plant?
7.What is the total size of land required for setting up a Automated Parking Systems Market processing plant?
8.What is the layout of a Automated Parking Systems Market processing plant?
9.What are the machinery requirements for setting up a Automated Parking Systems Market processing plant?
10.What are the raw material requirements for setting up a Automated Parking Systems Market processing plant?
11.What are the packaging requirements for setting up a Automated Parking Systems Market processing plant?
12.What are the transportation requirements for setting up a Automated Parking Systems Market processing plant?
13.What are the utility requirements for setting up a Automated Parking Systems Market processing plant?
14.What are the human resource requirements for setting up a Automated Parking Systems Market processing plant?
15.What are the infrastructure costs for setting up a Automated Parking Systems Market processing plant?
16.What are the capital costs for setting up a Automated Parking Systems Market processing plant?
17.What are the operating costs for setting up a Automated Parking Systems Market processing plant?
18.What should be the pricing mechanism of the final product?
19.What will be the income and expenditures for a Automated Parking Systems Market processing plant?
20.What is the time required to break even?
21.What are the profit projections for setting up a Automated Parking Systems Market processing plant?
22.What are the key success and risk factors in the Automated Parking Systems Market industry?
23.What are the key regulatory procedures and requirements for setting up a Automated Parking Systems Market processing plant?
24.What are the key certifications required for setting up a Automated Parking Systems Market processing plant?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size Forecast by Revenue | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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