Global Automated Parking System Market by Automation Level (Fully-automated, Semi-automated), System Type (Hardware, Software), Design Model, Platform Type, Parking Level, Navigation System, End-User - Forecast 2023-2030

The Automated Parking System Market size was estimated at USD 2.57 billion in 2022, USD 3.02 billion in 2023, and is expected to grow at a CAGR of 17.95% to reach USD 9.64 billion by 2030.

An Automated Parking System (APS) is an advanced and technologically-driven parking solution designed to optimize land use, enhance security, reduce environmental impact, and increase overall efficiency in managing and utilizing parking spaces. It involves a combination of mechanical hardware, software integration, and sophisticated algorithms that facilitate the automatic parking of vehicles in designated spots within a multi-level or compact structure without any manual intervention from the driver. The increasing number of vehicles worldwide is leading to a need for more parking spaces in urban areas. As a result, there is a growing demand for efficient parking management systems that maximize space utilization while reducing traffic congestion. However, lack of standardization across automated parking systems can create compatibility issues between various manufacturers' products. Nevertheless, advancements in robotics and software technologies have expanded the potential applications for automated parking systems.

Regional Insights

The Americas observes an advancing automated parking system (APS) market driven by the increasing adoption of smart city technologies and stringent regulations for reducing vehicle emissions. Countries such as Brazil and Mexico are progressively investing in implementing APS to address their growing parking challenges. Asia presents significant growth opportunities for the APS market to combat its escalating parking crises. Governments in these countries are actively promoting intelligent transportation systems that incorporate automation technologies such as APS into their urban infrastructure development plans. Europe has a relatively mature market for APS, driven by factors such as limited parking spaces in urban areas, strict emission regulations, and the growing need for sustainable city development. Germany, France, Italy, Spain, and the United Kingdom are some of the key contributors to the region's market growth. European companies are currently focusing on developing innovative products that meet the unique requirements of European urban centers while adhering to regulatory standards and providing eco-friendly solutions. As cities in the region strive towards becoming smart cities with sustainable infrastructure development plans, the need for APS is expected to rise.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automated Parking System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automated Parking System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automated Parking System Market, highlighting leading vendors and their innovative profiles. These include AJ Automated Parking Systems Co., Ltd., Amano Corporation, Asura Technologies Ltd., DESIGNA Verkehrsleittechnik GmbH, E Star Engineers Private Limited, Eros Elevators & Escalators Pvt. Ltd., FATA Automation, Fehr Lagerlogistik AG, Harding Steel, Inc., Klaus Multiparking GmbH, Lödige Industries GmbH, Mitsubishi Heavy Industries Machinery Systems, Nexstep Multiparking Pvt. Ltd., Park Plus, Inc., Parkmatic, PARKPIU' S.R.L, Robert Bosch GmbH, Robotic Parking Systems, Inc., RR Global, Sieger Spintech Equipments Pvt. Ltd., Siemens AG, SKIDATA GmbH, Sotefin Parking Pvt. Ltd., SWARCO AG, Swiss-Park GmbH, Tedra Automotive Solutions Pvt. Ltd., Valeo SA, Verra Mobility, Westfalia Technologies, Inc., and WÖHR Autoparksysteme GmbH.

Market Segmentation & Coverage

This research report categorizes the Automated Parking System Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Automation Level
  • Fully-automated
  • Semi-automated
• System Type
  • Hardware
  • Software
• Design Model
  • Electro-mechanical
  • Hydraulic
• Platform Type
  • Non-palleted
  • Palleted
• Parking Level
  • Less than Level 5
  • Level 5-Level 10
  • More than Level 15
• Navigation System
  • Automated Guided Vehicles
  • Crane Automated Parking System
  • Puzzle type Automated Parking System
  • Rail Guided Carts Automated Parking System
  • Shuttle Automated Parking System
  • Silo Automated Parking System
  • Tower Automated Parking System
• End-User
  • Commercial
  • Mixed-use
  • Residential

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

The report offers valuable insights on the following aspects

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

1. What is the market size and forecast of the Automated Parking System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automated Parking System Market?
3. What are the technology trends and regulatory frameworks in the Automated Parking System Market?
4. What is the market share of the leading vendors in the Automated Parking System Market?
5. Which modes and strategic moves are suitable for entering the Automated Parking System Market?

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