Global Car Parking System Market Growth 2023-2029

Global Car Parking System Market Growth 2023-2029

A car parking system is a mechanical device that multiplies parking capacity inside a parking lot. Parking systems are generally powered by electric motors or hydraulic pumps that move vehicles into a storage position.

LPI (LP Information)' newest research report, the “Car Parking System Industry Forecast” looks at past sales and reviews total world Car Parking System sales in 2022, providing a comprehensive analysis by region and market sector of projected Car Parking System sales for 2023 through 2029. With Car Parking System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Car Parking System industry.

This Insight Report provides a comprehensive analysis of the global Car Parking System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Car Parking System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Car Parking System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Car Parking System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Car Parking System.

The global Car Parking System market size is projected to grow from US$ 2779.6 million in 2022 to US$ 3746.6 million in 2029; it is expected to grow at a CAGR of 3746.6 from 2023 to 2029.

Global Car Parking System main players are IHI, TADA, Xinhuayuan, Tianchen Intelligen, etc. Global top four manufacturers hold a share over 20%. China is the largest market, with a share nearly 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Car Parking System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mechanical Systems
Semi-Automated Systems
Automated Systems

Segmentation by application
Office Building
Mall
Residential
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IHI
TADA
Xinhuayuan
Klaus Multiparking
Unitronics
LÖDIGE
Tianchen Intelligen
Westfalia
MHE Demag
Rainbow
Sampu Stereo Garage
STOPA Anlagenbau
FATA Automation
Park Plus

Key Questions Addressed in this Report

What is the 10-year outlook for the global Car Parking System market?

What factors are driving Car Parking System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Car Parking System market opportunities vary by end market size?

How does Car Parking System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.