Automated Parking Systems Market Beyond the Basics: Size, Share, Revenue, and Statistics Overview | 2024-2030

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The automated parking systems market in Europe is expected to reach a CAGR of 10.11% during the forecast period (2024-2030). Urban regions are constantly developing due to their popularity for services, labour, leisure, commerce, and culture, posing challenges for municipalities and inhabi

Automated Parking Systems Market Report Overview:

The  Automated Parking Systems Market research report provides an in-depth analysis that is required to make informed industry decisions and develop strategic growth plans. Regardless of the production method or cost structures, the  Automated Parking Systems   market report provides a full understanding of advanced tactics and plans. The report provides a detailed analysis of the dynamics influencing the market with key players in the  Automated Parking Systems   industry.

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Automated Parking Systems Market Report Scope and Research Methodology:

The main objective of the report is to provide an analysis of the market’s growth rate, market size and valuation. Global  Automated Parking Systems   market research is a complete investigation of the variables that influence global demand, growth, opportunities, challenges, and restrictions. The  Automated Parking Systems   market report provides the competitive landscape of key companies in the global market, as well as their revenue and business strategies. It thoroughly analyzes the composition and outlook for both international and local  Automated Parking Systems   markets. For each of the regions and countries, the report is separated into qualitative and quantitative industrial features. The full research of the  Automated Parking Systems   Market by region includes a graphical overview and a diagrammatic breakdown.

Automated Parking Systems Market Segmentation:

by Automation Level

Semi-automated
Fully-automated

The segment with the highest revenue share of over CAGR in 2023 was entirely automated. 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

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. A fresh example of how Sony's IMX500 sensors—which are backed by AI processing—are at the core of three "smart city" trials in Rome, Italy was unveiled by the company in July 2022.

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Automated Parking Systems Market Key Players include:

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 Regional Analysis:

The  Automated Parking Systems   market report consists of an analysis of all the regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The market's primary geographic condition, as well as segments and sub-segments, are examined in the  Automated Parking Systems   Industry Research. The current state of the regional market is provided in the report in terms of market size, share, and volume.

Key questions answered in the  Automated Parking Systems  Market are:

  • What is  Automated Parking Systems Market?
  • What are the global trends in the  Automated Parking Systems   Market?
  • What are the major challenges that the  Automated Parking Systems   Market could face in the future?
  • How is the intervention from regulatory authority is shaping the  Automated Parking Systems   Market?
  • What growth strategies are the players considering to increase their presence in Automotive Relay Market?
  • Who held the largest market share in  Automated Parking Systems   Market?

Key Offerings:

  • 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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