Global Mechanical Parking Equipment Market Growth 2025-2031

The global Mechanical Parking Equipment market size is predicted to grow from US$ 10090 million in 2025 to US$ 16380 million in 2031; it is expected to grow at a CAGR of 8.4% from 2025 to 2031.

Mechanical parking equipment refers to the equipment that uses mechanical equipment to realize multi-storey parking, automatic parking and efficient use of parking space. One of the development trends of mechanical parking equipment is the application of automation and intelligence. With the advancement of technology, manufacturers are committed to developing automatic parking systems and intelligent control systems to achieve unmanned parking processes. Automated equipment can detect and control the position and movement of vehicles through sensors, cameras and control systems, improving parking efficiency and safety.

LP Information, Inc. (LPI) ' newest research report, the “Mechanical Parking Equipment Industry Forecast” looks at past sales and reviews total world Mechanical Parking Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Mechanical Parking Equipment sales for 2025 through 2031. With Mechanical Parking Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mechanical Parking Equipment industry.

This Insight Report provides a comprehensive analysis of the global Mechanical Parking Equipment 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 Mechanical Parking Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mechanical Parking Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mechanical Parking Equipment 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 Mechanical Parking Equipment.

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

Segmentation by Type:
Lifting and Traversing Class
Simple Lift
Plane Movement
Others

Segmentation by Application:
Residential Area
Business District
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
HITACHI
Taiwan TECO Group
Hangzhou Xizi Intelligent Parking
Shenzhen Yifeng Automation Technology
Shandong Laigang Taida Garage
Beijing Aerospace Huixin Technology
Zhejiang Zihua Parking Equipment
Henan Relaywell Parking System
Jiangsu Runbang Heavy Industry
Ocean Parking
Guangzhou Guangri Intelligent Parking Equipment
Shanghai Cibao Parking Equipment Manufacturing
Beijing Xinhuayuan Machinery Manufacturing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mechanical Parking Equipment market?

What factors are driving Mechanical Parking Equipment market growth, globally and by region?

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

How do Mechanical Parking Equipment market opportunities vary by end market size?

How does Mechanical Parking Equipment break out by Type, by Application?

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