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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Automated Parking Systems Market Regional Analysis
The presence of key players in Europe significantly is driving the demand of automated parking systems market. Moreover, there is a rising adoption of automated parking systems in the UK, Denmark, Germany, and Switzerland, among others, to improve parking efficiency, reduce space utilisation, and lower fuel emissions. Various government bodies and commercial spaces are also promoting the implementation of automated parking systems to combat traffic congestion and parking issues.
| CAGR 2024-2032 - Market by | Country |
| India | 20.4% |
| China | 17.0% |
| UK | 14.1% |
| USA | 13.7% |
| Germany | 12.7% |
| Canada | XX% |
| France | XX% |
| Italy | XX% |
| Japan | 10.6% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Automated Parking Systems Market Report Snapshots
Automated Parking Systems Market Size
Automated Parking Systems Market Growth
Automated Parking Systems Market Trends
Automated Parking Systems Market Share
Automated Parking Systems Companies
Automated Parking Systems Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.10 billion.
The market is projected to grow at a CAGR of 15.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD7.63 billion by 2032.
The major market drivers are scarcity of parking facilities, increasing number of vehicles, and rapid urbanisation in developing economies.
The key trends of the market include increased adoption of fully automated parking lots, the development of advanced technologies such as smart parking meters and sensors, and favourable government initiatives promoting smart cities.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The different automation levels of the product are fully automated and semi-automated.
The different parking levels considered in the market report include less than level 5, level 5-level 10, and more than level
The key market players are Robotic Parking Systems, Inc., Fata Automation, Inc., Lödige Industries GmbH, ShinMaywa Industries, Ltd., Park Plus, Inc., Robotic Parking Systems, Inc., Westfalia Technologies, Inc, Fehr Lagerlogistik AG, and Unitronics (1989) (R” G) Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124