Global Automated Parking Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automated Parking Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Automated Parking Systems market finds that the global Automated Parking Systems market reached a value of USD 1769.43 million in 2022. It’s expected that the market will achieve USD 3001.25 million by 2028, exhibiting a CAGR of 9.21% during the forecast period.

Opportunities

Toward automatic parking
At present, APS also requires the intervention of the driver. In the future, it will be more intelligent to realize automatic parking. In other words, after the system determines the appropriate parking space, the driver does not need to stay in the car.

Environmental identification is more comprehensive

The identification of the surrounding environment of the parking space tends to be more comprehensive, such as increasing the identification of the parking space line, ensuring that the vehicle stops in the parking space line, identifying low obstacles, etc., which requires the addition of cameras on the basis of ultrasonic sensors, or the use of cameras as sensors alone.

Automatic parking in the garage

With the cooperation of the intelligent garage, the information interaction between the garage and the vehicle is guided to realize the autonomous parking of the vehicle in the garage.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Unitronics is one of the major players operating in the Automated Parking Systems market, holding a share of 5.79% in 2019.

Founded in 1989, Unitronics is a publicly traded company which offers decades of innovative methods and indepth knowledge of reliable automation to fulfill the needs of the automation control industry. The company’s international operations cover over 50 countries worldwide.

Dayang Parking

It is a professional engaged in mechanical parking equipment research and development, planning, design, manufacturing, installation and maintenance, as well as parking investment, construction, operation and other businesses of high-tech enterprises. The company has 36,600 square meters of research building, 20,000 square meters of intelligent garage production workshop, 78,000 square meters of universal garage production workshop, annual capacity of 300,000 berths.

Segmentation Overview:

Among different product types, Semi Automated segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Automated Parking Systems market covered in Chapter 3:

Citylift
Klaus Multiparking
Parkmatic
Skyline Parking
Robotic Parking Systems
AJ Dongyang Menics
Westfalia
Unitronics
Dayang Parking
APS
FATA Automation

In Chapter 4 and Chapter 14.2, on the basis of types, the Automated Parking Systems market from 2018 to 2029 is primarily split into:

Fully Automated
Semi Automated

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automated Parking Systems market from 2018 to 2029 covers:

Residential
Mall
Office Building
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)