Automated Parking Systems Market Overview:

Maximize Market Research, a Automated Parking Systems business research firm has published a report on the Automated Parking Systems Market. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

Estimated Growth Rate for Automated Parking Systems Market:

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.

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Automated Parking Systems Market Report Scope and Research Methodology:

The scope of the Automated Parking Systems market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Automated Parking Systems market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Automated Parking Systems sector and capitalizing on growth prospects.

Automated Parking Systems Market Regional Insights:

Improved dependability and increasing demand drive growth in the Automated Parking Systems Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Automated Parking Systems market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Automated Parking Systems Market Segmentation:

by Automation Level

Semi-automated
Fully-automated

In 2023, the completely automated segment had the highest revenue share, surpassing the CAGR. One kind of automated parking system that resembles robotic valet parking is a completely automated system. The car must be driven by the driver until it reaches the APS entry area. All passengers and the driver must get out of the vehicle. The ticket is given to the driver once they pay at a nearby automated terminal.

by Platform Type

Palleted
Non-palleted

By compound annual growth rate (CAGR) in 2023, the palletized segment led the automated parking systems market. These techniques facilitate easier mobility of vehicles inside the parking area since cars cannot be lifted or moved without the driver. These parking options are anticipated to rise in the future as more individuals choose to work from home since they increase vehicle security, enhance the urban environment, and offer higher parking densities than traditional parking lots. Because these solutions don't call for accommodations the size of cars, transportation procedures become simpler.

by Component

Handwear
Software

Based on components, the market for automated parking systems is split into hardware and software categories. The hardware category, which comprises pucks, cameras & LPRs, smart meters, signs, and parking gates, dominates the market for smart parking systems. On-street parking commonly makes use of smart meters and cameras. The increasing demand for on-street parking in cities has resulted in a broad adoption of hardware. Since most people leave their cars parked for several hours, governments are installing more equipment and cameras on the road to manage traffic flow, which is driving up the popularity of smart parking systems.

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Table of Content: Automated Parking Systems Market

Part 01: Executive Summary

Part 02: Scope of the Automated Parking Systems Market Report

Part 03: Global Automated Parking Systems Market Landscape

Part 04: Global Automated Parking Systems Market Sizing

Part 05: Global Automated Parking Systems Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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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)

Key questions answered in the Automated Parking Systems Market are:

  • Who are the leading companies and what are their portfolios in Automated Parking Systems Market? 
  • What segments are covered in the Automated Parking Systems Market?
  • Who are the key players in the Automated Parking Systems market?
  • What is Automated Parking Systems?
  • What was the Automated Parking Systems market size in 2023?
  • What is the growth rate of the Automated Parking Systems Market?
  • Which are the factors expected to drive the Automated Parking Systems market growth?
  • What are the different segments of the Automated Parking Systems Market?
  • What growth strategies are the players considering to increase their presence in Automated Parking Systems?
  • What are the upcoming industry applications and trends for the Automated Parking Systems Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Automated Parking Systems Market?
  • What segments are covered in the Automated Parking Systems Market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market

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