Global Multi-storey Parking Garage Market Growth 2023-2029

Global Multi-storey Parking Garage Market Growth 2023-2029

Multi-storey car parks, also called automated (car) parking system (APS), is a mechanical system designed to minimize the area and/or volume required for parking cars. Like a multi-story parking garage, an APS provides parking for cars on multiple levels stacked vertically to maximize the number of parking spaces while minimizing land usage. The APS, however, utilizes a mechanical system to transport cars to and from parking spaces (rather than the driver) in order to eliminate much of the space wasted in a multi-story parking garage. While a multi-story parking garage is similar to multiple parking lots stacked vertically, an APS is more similar to an automated storage and retrieval system for cars.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Multi-storey Parking Garage 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 Multi-storey Parking Garage.

The global Multi-storey Parking Garage market size is projected to grow from US$ 4437.5 million in 2022 to US$ 5422.3 million in 2029; it is expected to grow at a CAGR of 5422.3 from 2023 to 2029.

Global multi-storey car park includes ShinMaywa, IHI Parking System, MHI Parking, etc. Global top 3 companies hold a share over 20%. Asia Pacific is the largest market, with a share over 60%, followed by Europe and North America with the share about 20% and 10%. In terms of product, multi parking is the largest segment, with a share over 70%. And in terms of application, the largest application is commercial, with a share about 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of Multi-storey Parking Garage market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Indoor
Outdoor

Segmentation by application
Commercial
Residential
Public

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.
ShinMaywa
IHI Parking System
MHI Parking
XIZI Parking System
Wuyang Parking
Goldbeck
Tongbao Parking Equipment
Huaxing intelligent parking
HUBER
Yeefung Industry Equipment
CIMC Tianda
Wohr
AJ Dongyang Menics
Dayang Parking
Klaus Multiparking
Nissei Build Kogyo
Maoyuan Parking Equipment
Lödige Industries
PARI
RR Parkon
Tada
Astron Buildings
Groupe Briand
Bourne Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Multi-storey Parking Garage market?

What factors are driving Multi-storey Parking Garage market growth, globally and by region?

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

How do Multi-storey Parking Garage market opportunities vary by end market size?

How does Multi-storey Parking Garage 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.