Global Car Parking System Market Growth 2025-2031

Global Car Parking System Market Growth 2025-2031

The global Car Parking System market size is predicted to grow from US$ 3016 million in 2025 to US$ 3896 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

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.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Car Parking System Industry Forecast” looks at past sales and reviews total world Car Parking System sales in 2024, providing a comprehensive analysis by region and market sector of projected Car Parking System sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?

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