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 Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Automated Parking Systems Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Automated Parking Systems Market.

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Automated Parking Systems Market Scope and Methodology:

The Automated Parking Systems Market requires a mix of both qualitative and quantitative research methods. Automated Parking Systems Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Automated Parking Systems market. The bottom-up approach was used to determine the global and regional Automated Parking Systems market sizes.

Automated Parking Systems Market Regional Insights:

The Automated Parking Systems Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Automated Parking Systems Market Segmentation:

  by Automation

Level Semi-automated
Fully-automated

The completely automated segment had the highest revenue share by automation level, accounting for over xx% of CAGR in 2023. One kind of automated parking system that is comparable to robotic valet parking is a completely automated parking system. The vehicle must be driven until it enters an APS's entry area. The driver and every other passenger 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

With a xx% compound annual growth rate (CAGR) in 2023, the palleted category led the automated parking systems market by platform type. These techniques facilitate vehicle movement in the parking area because 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 enhance vehicle security, enhance the urban environment, and offer higher parking densities than traditional parking lots. Because car-size modifications are not necessary for these solutions, transportation procedures become less complicated.

by Component

Handwear
Software

The market for automated parking systems is separated into software and hardware categories according on component type. The hardware category, which consists of pucks, cameras LPRs, smart meters, signage, and parking gates, dominates the market for smart parking systems. On-street parking often uses cameras and smart meters. Widespread hardware adoption is a result of cities' increasing demand for on-street parking. Smart parking systems are becoming more and more popular as a result of governments installing more cameras and equipment on the road to maintain traffic flow because most people leave their cars parked there for several hours.

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)

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Key questions answered in the Automated Parking Systems Market are:

• What is Automated Parking Systems ?
• 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 upcoming opportunities and trends for the Automated Parking Systems Market?
• Who are the leading companies and what are their portfolios in 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?
• Who are the key players in the Automated Parking Systems Market?
• What are the different segments of the Automated Parking Systems Market?
• Which is the fastest growing region in the Automated Parking Systems Market?
• What growth strategies are the players considering to increase their presence in Automated Parking Systems ?
• What is the CAGR at which the Automated Parking Systems Market will grow during the forecast period?
• What segments are covered in the Automated Parking Systems Market?

For additional insights into this study, please refer to:https://www.maximizemarketresearch.com/market-report/global-automated-parking-systems-market/77497/ 

Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region
• Market Size, Share, Size Forecast by different segment 
• 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 

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