Automated Parking System Market - Global Forecast 2025-2032

The automated parking system market is rapidly transforming urban and commercial environments by combining technological innovation, sustainability objectives, and shifting end-user priorities to optimize space and operational efficiency.

Market Snapshot: Automated Parking System Market Growth and Outlook

The automated parking system market grew from USD 3.55 billion in 2024 to USD 4.21 billion in 2025. It is projected to maintain significant momentum with an expected CAGR of 18.60%, ultimately reaching USD 13.91 billion by 2032. This robust trajectory reflects accelerating adoption in response to urbanization pressures, limited availability of real estate, and increasing demand for sustainability in metropolitan infrastructure.

Scope & Segmentation

Comprehensive analysis within this report spans the evolving landscape, covering the full spectrum of deployments, technologies, and user environments found across global markets.

• Application: Off Street, On Street
• Offering: Hardware (including Car Lifts, Conveyors, Deck Racks), Service, and Software
• Sensor Type: Camera, Infrared, Radar, Ultrasonic
• Parking Type: Private, Public
• End User:
  • Commercial (Hospitality, Office, Retail)
  • Municipal (Government, Public Works)
  • Residential (Multi Family, Single Family)
• Regions: Americas (North America: United States, Canada, Mexico; Latin America: Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (Europe: United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland; Middle East: United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel; Africa: South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)
• Leading Companies: Westfalia Parking Technologies GmbH, Otto Wöhr GmbH, Klaus Multiparking GmbH, Mitsubishi Electric Corporation, TIBA Parktechnik GmbH, Miyoshi Engineering Works Ltd., Shanghai Shangli Parking Equipment Co. Ltd., ParkPlus Systems Inc., Robotic Parking Systems Inc., Guangdong Cosmo Intelligent Parking Equipment Co. Ltd.

Key Takeaways for Senior Decision-Makers

• Automated parking systems deliver advanced robotics, digital control, and sensor-integrated infrastructures that maximize parking capacity and promote sustainable city development.
• End user preference is trending toward seamlessly integrated systems that support mobile reservations, digital payments, and connectivity with smart city infrastructure.
• Collaborative strategies among property developers, automotive OEMs, and technology vendors are catalyzing innovation, accelerating pilot deployments, and reducing engineering lead times in high-density urban settings.
• Distinct segmentation across application, offering, sensor type, parking mode, and end user requires tailored deployment strategies to address unique performance and ROI expectations within each context.
• Regional factors, such as regulatory incentives in Europe, transit-oriented adoption in Asia Pacific, and integration with EV charging in North America, drive differentiated solution uptake and infrastructure planning.
• Market leaders differentiate by providing modular, upgradeable offerings and placing emphasis on customer experience, service networks, and predictive maintenance capabilities.

Tariff Impact and Supply Chain Strategies

Recent U.S. tariff measures on components such as car lifts, conveyors, and sensor modules have prompted industry stakeholders to reevaluate sourcing and manufacturing processes. This policy shift has introduced cost pressures but has also created opportunities for domestic suppliers. Companies that adapt by diversifying their procurement strategies and adopting modular, standardized system designs are positioned to strengthen supply chain resilience and control costs across changing trade environments.

Methodology & Data Sources

This report integrates primary interviews with executives, integrators, and facility operators alongside site visits to operational installations. Secondary research draws on industry publications, patent data, regulatory filings, and technical whitepapers. Triangulation across these sources validates all findings and supports credible, actionable insights.

Why This Report Matters

• Provides in-depth, segmented analysis of applications, offerings, and technologies shaping automated parking’s future.
• Enables strategic planning with expert coverage of key players, global regions, and evolving policy factors.
• Supports confident investment and operational decisions by highlighting technology, regulatory, and market-driven opportunities for growth.

Conclusion

The automated parking system market’s future is driven by convergence of technology, user demand, and adaptive supply strategies. Stakeholders prepared to innovate and respond to regional dynamics will enhance their competitive position in the years ahead.

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