Global Multi-storey Parking Garage Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Multi-storey Parking Garage market size was valued at US$ 2458 million in 2024 and is forecast to a readjusted size of USD 3216 million by 2031 with a CAGR of 4.2% during review period.

A multi-storey parking garage is a building or structure designed with multiple levels or floors to provide parking for vehicles. These garages maximize the use of vertical space, allowing for a greater number of cars to be parked in a limited area compared to surface parking lots. Multi-storey parking garages can be found in urban centers, airports, shopping malls, and other high-traffic areas where space is constrained. They can be equipped with ramps, lifts, or automated systems to facilitate vehicle movement between floors.

A multi-storey parking garage is a building designed to provide multiple levels of parking spaces for vehicles, typically found in urban areas, airports, shopping centers, and commercial hubs. As land becomes more limited and valuable in densely populated cities, multi-storey garages offer an efficient solution by utilizing vertical space to maximize parking capacity within a compact footprint.

The primary advantage of multi-storey parking garages is their ability to accommodate a large number of vehicles in areas where ground space is scarce. By building upwards, these garages help reduce congestion on streets and minimize the need for extensive surface parking lots. They are often designed with ramps or mechanical systems to move vehicles between levels, making them convenient and accessible for drivers.

In addition to increasing parking capacity, many modern multi-storey garages integrate advanced technology to improve user experience. Automated payment systems, real-time parking availability displays, and vehicle tracking systems help streamline the parking process, reducing the time drivers spend searching for spaces. Some garages also include eco-friendly features, such as electric vehicle charging stations, energy-efficient lighting, and solar panels, which contribute to sustainability efforts.

Despite the higher initial construction cost, multi-storey parking garages provide a long-term solution to the growing demand for parking in urban environments. As cities continue to expand, the need for efficient parking solutions will drive the development of more technologically advanced and environmentally conscious parking garages, making them a critical part of urban infrastructure.

This report is a detailed and comprehensive analysis for global Multi-storey Parking Garage market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Multi-storey Parking Garage market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Multi-storey Parking Garage market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Multi-storey Parking Garage market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Multi-storey Parking Garage market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Multi-storey Parking Garage

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Multi-storey Parking Garage market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IHI Parking System, Wuyang Parking, Dayang Parking, XIZI Parking System, Yeefung Industry Equipment, Klaus Multiparking, ShinMaywa, Tongbao Parking Equipment, Wohr, Groupe Briand, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Multi-storey Parking Garage market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Semi-automatic Type
Fully-automatic Type

Market segment by Application
Residential
Public
Business

Major players covered
IHI Parking System
Wuyang Parking
Dayang Parking
XIZI Parking System
Yeefung Industry Equipment
Klaus Multiparking
ShinMaywa
Tongbao Parking Equipment
Wohr
Groupe Briand
Maoyuan Parking Equipment
AJ Automated Parking Systems
Huaxing Intelligent Parking
Wipro PARI
HUBER
Mitsubishi Heavy Industries
Nissei Build Kogyo
RR Parkon
CIMCIOT
Goldbeck
Sampu Garage
Tada
Bourne Group

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Multi-storey Parking Garage product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Multi-storey Parking Garage, with price, sales quantity, revenue, and global market share of Multi-storey Parking Garage from 2020 to 2025.

Chapter 3, the Multi-storey Parking Garage competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Multi-storey Parking Garage breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Multi-storey Parking Garage market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Multi-storey Parking Garage.

Chapter 14 and 15, to describe Multi-storey Parking Garage sales channel, distributors, customers, research findings and conclusion.