Global Robotic Parking Systems Market 2017-2021

  • ID: 4231716
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Boomerang Systems
  • FATA Automation
  • Lödige Industries
  • MHE-Demag
  • PARKPLUS
  • Serva Transport Systems
  • MORE

With scarcity in parking spaces and appreciating land prices across the globe, vendors in the global automated parking systems market are introducing new products that are cost-efficient and can optimize parking spaces. While the market is dominated by automated and semi-automated parking systems, which use mechanical systems to move cars into parking spaces, in the past five years there has been an upsurge in the adoption rate of robotic parking systems.

The analysts forecast the global robotic parking systems market to grow at a CAGR of 18.46% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global robotic parking systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from new sales and services.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Robotic Parking Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Boomerang Systems
- MHE-Demag
- PARKPLUS
- Serva Transport Systems
- Shenzhen Yeefung Automation Technology

Other prominent vendors
- A.P.T. Parking Technologies
- Applied & Integrated Manufacturing
- FATA Automation
- HANGZHOU HIKROBOT TECHNOLOGY
- Lödige Industries
- Shaanxi Long Xiang Parking Equipment Group
- Smart City Robotics
- Stanley Robotics
- Westfalia Parking Solutions
- Worldwide Robotic Automated Parking
- Unitronics

Market drivers
- Scarcity and drawbacks of conventional parking spaces
- For a full, detailed list, view the full report

Market challenges
- High initial cost of AGVs and peripherals
- For a full, detailed list, view the full report

Market trends
- Smart parking gaining traction
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Boomerang Systems
  • FATA Automation
  • Lödige Industries
  • MHE-Demag
  • PARKPLUS
  • Serva Transport Systems
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Global AGV market
PART 05: Market landscape
  • Global robotic parking systems market
  • Five forces analysis
PART 06: Market segmentation by product
  • Global robotic parking systems market by product
  • Global robotic parking systems market by robotic parking systems using AGVs along with peripherals market
  • Global robotic market systems market by parking systems using standalone AGVs market
PART 07: Market segmentation by end-users
  • Global robotic parking systems market by end-users
  • Global robotic parking systems market by commercial segment
  • Global robotic parking systems market by residential segment
  • Global robotic parking systems market by others
PART 08: Geographical segmentation
  • Global robotic parking systems market by geography
  • Robotic parking systems market in EMEA
  • Robotic parking systems market in APAC
  • Robotic parking systems market in Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Smart parking gaining traction
  • Rising vendor initiatives
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Boomerang Systems
  • MHE-Demag
  • PARKPLUS
  • Serva Transport Systems
  • Shenzhen Yeefung Automation Technology
PART 14: Key takeaways

PART 15: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Major types of technology used in automated parking
Exhibit 02: Differences between pallet-less and pallet-based automated parking systems
Exhibit 03: Key facts about AGVs
Exhibit 04: Advantages of robotic parking garages
Exhibit 05: Global robotic parking systems market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global robotic parking systems market by product 2016 and 2021
Exhibit 08: Global robotic parking systems market by product 2016-2021 ($ millions)
Exhibit 09: Segment-wise CAGRs of global robotic parking systems market by product
Exhibit 10: Segment-wise growth rate of global robotic parking systems market by product
Exhibit 11: Steps involved in robotic parking systems using AGVs along with peripherals
Exhibit 12: Global robotic parking systems market by end-users 2016 and 2021
Exhibit 13: Global robotic parking systems market by commercial segment 2016-2021 ($ millions)
Exhibit 14: Global robotic parking systems market by residential segment 2016-2021 ($ millions)
Exhibit 15: Global robotic parking systems market by others 2016-2021 ($ millions)
Exhibit 16: Global robotic parking systems market by geography 2016 and 2021 (%)
Exhibit 17: Robotic parking systems market in EMEA 2016-2021 ($ millions)
Exhibit 18: Robotic parking systems market in APAC 2016-2021 ($ millions)
Exhibit 19: Robotic parking systems market in Americas 2016-2021 ($ millions)
Exhibit 20: Key areas of technological advancements in robotic parking systems
Exhibit 21: Expected fall in the average cost of sensors 2015-2020 ($)
Exhibit 22: Requirements for smooth functioning
Exhibit 23: Product and service-related drawbacks
Exhibit 24: Major trends in smart parking
Exhibit 25: Product offering: Boomerang Systems
Exhibit 26: Product offering: MHE-Demag
Exhibit 27: Recent developments: MHE-Demag
Exhibit 28: Product offering: PARKPLUS
Exhibit 29: Recent developments: PARKPLUS
Exhibit 30: Product offering: Serva Transport Systems
Exhibit 31: Recent developments: Serva Transport Systems
Exhibit 32: Product offering: Shenzhen Yeefung Automation Technology
Exhibit 33: Recent developments: Shenzhen Yeefung Automation Technology
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FEATURED COMPANIES

  • Boomerang Systems
  • FATA Automation
  • Lödige Industries
  • MHE-Demag
  • PARKPLUS
  • Serva Transport Systems
  • MORE

New Report Released: - Global Robotic Parking Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global robotic parking systems market: Boomerang Systems, MHE-Demag, PARKPLUS, Serva Transport Systems, and Shenzhen Yeefung Automation Technology.

Other Prominent Vendors in the market are: A.P.T. Parking Technologies, Applied & Integrated Manufacturing, FATA Automation, HANGZHOU HIKROBOT TECHNOLOGY, Lödige Industries, Shaanxi Long Xiang Parking Equipment Group, Smart City Robotics, Stanley Robotics, Westfalia Parking Solutions, Worldwide Robotic Automated Parking, and Unitronics.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is smart parking gaining traction. The future of the parking industry will majorly be driven by the adoption of smart parking solutions. As countries across the globe are increasingly struggling with traffic congestion and inadequate parking spaces, vendors that were traditionally into mechanical and automated parking systems are adding robotic parking systems to their product portfolios. The deployment of advanced sensor technologies and innovations in wireless communications, data analytics, induction loops, and smart parking meters will be major developments contributing to the growth of the market."

According to the report, one of the major drivers for this market is scarcity and drawbacks of conventional parking spaces. There has been an upsurge in the use of passenger cars owing to rise in urbanization and disposable income. The increase in vehicle ownership is leading to the scarcity of parking spaces. With this scarcity, there is an increase in demand for systems that require less human intervention for both offsite and onsite parking.

Further, the report states that one of the major factors hindering the growth of this market is high initial cost of AGVs and peripherals. The average cost of implementing robotic parking systems is high due to the significant cost of AGVs, which is as high as $150,000. Therefore, it is considered expensive especially for use in developing countries that majorly depend on conventional parking. In addition, maintenance costs of these machines in terms of servicing and consulting, prior to the integration in the overall parking system, will add significantly to the overall expenditure. Remodeling, relocation of fixtures, and consultation are essential while incorporating these systems. As a result, vendors of these systems are experiencing low penetration rate in low-income countries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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  • Boomerang Systems
  • MHE-Demag
  • PARKPLUS
  • Serva Transport Systems
  • and Shenzhen Yeefung Automation Technology
  • A.P.T. Parking Technologies
  • Applied & Integrated Manufacturing
  • FATA Automation
  • HANGZHOU HIKROBOT TECHNOLOGY
  • Lödige Industries
  • Shaanxi Long Xiang Parking Equipment Group
  • Smart City Robotics
  • Stanley Robotics
  • Westfalia Parking Solutions
  • Worldwide Robotic Automated Parking
  • Unitronics
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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