The Global Automated Parking System Market size was valued at USD 1.23 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10% from 2022 to 2028.
Automated parking systems are technologies used to regulate parking to optimize the area required for parking. Automated parking systems are designed to minimize the volume required for car parking. Automated parking systems are used to create multi-story parking systems that reduce the amount of land required for parking while increasing parking spaces. Automated parking system provides an automated system to and from the parking lot with unmanned transportation of vehicles, eliminating a lot of space wastage actually occurring in manual parking multi-story parking lot.
Market Segments
By Automation Level
- Semi-automated
- Fully-automated
By System Type
- Hardware
- Software
By End-User
- Commercial
- Residential
- Mixed-use
Key Players
- Mitsubishi Electric Corporation
- AJ Automated Parking Systems
- Expert Parking
- Unitronics Corporation
- Klaus Multiparking
- Westfalia Parking
- Wohr
- Robotic Parking Systems, Inc.r
- CityLift
- FATA Automation
Scope of the Report
The research study analyzes the global Automated Parking System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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A full report is available at: https://orionmarketreports.com/automated-parking-system/59378/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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