The 2023-2028 World Outlook for Automated Parking Systems

The 2023-2028 World Outlook for Automated Parking Systems

This study covers the world outlook for automated parking systems across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of automated parking systems as including all commonly understood products and/or services falling within this broad category, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include 5by2, AUTOMOTION PARKING SYSTEMS, Boomerang Systems, Bosch, CityLift, Clarion Company, Continental, Dayang Parking Company, Denso Corporation, Designa, EITO&GLOBAL, FATA AUTOMATION, fehr Lagerlogistik AG, HE-MAN AUTO ROBOPARK (P), Ltd., HYTONE Parking System Company, Ltd., IHI, Katopark, Klaus Multiparking Systems, Nissei Build Industries Company, Ltd., Pari, Park Plus, PARKPLUS, Proviron Technology SA, Robotic Parking Systems, Romax Parking Solutions, RR parkon, Shandong Tada Auto Parking, Sieger Parking, SIMMATC, Simmatec International Corporation, Skyline Parking, Sotefin SA automated parking systems, Swiss-Park, Unitronics, Valeo, Watry Design, Inc., Westfalia Parking, and Wohr. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).