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Automated Parking System Market

Automated Parking System Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The automated parking system market is estimated to grow at a CAGR 12.80% rate during the forecast period owing to the increasing number of vehicles, scarcity of land for parking, rising urbanization, growing demand for green & sustainable parking solutions, increasing demand for luxury buildings, and smart cities initiatives from the government.

The fully automated parking system is estimated to account for the largest market share. The high demand for comfort and convenience from consumers, increasing number of luxury projects, and rising adoption of a fully automated parking system by construction companies is driving the fully market. The fully automated parking system has increased capacity, high efficiency, reduced emission, and increased safety and convenience.

Non-palleted segment is projected to grow the fastest in automated parking system. Non-palleted automated parking system uses lifts, transfer vehicles, and robots to park and retrieve the car in the parking garage. Unlike a palleted system that generally requires two systems to handle the pallet and cars, a non-palleted system requires only one system to handle the car.

The hardware segment is estimated to be the largest in automated parkin system market. There are several types of the automated parking system, such as tower, puzzle, RGC, Silo, and AGV. Along with the structure of the automated parking system, the key hardware includes a microcontroller, RF module, display, GSM module, motor driver, DC motor, ultrasonic sensors, and camera units. Depending on the budget, various solutions such as web-based parking solutions, parking guidance system, mobile-based parking, license plate recognition systems, sensor-based parking recognition, and RFID system can be integrated into the systems.

Europe is estimated to be the largest in the automated parking system market. The region has a state of art technology background and has a presence of leading players of the automated parking solutions. The adoption of an automated parking system is high in the UK, Germany, Denmark, Norway, Switzerland, Spain, and the Netherlands.

Key market players include Wohr (Germany), Klaus Multi Parking (Germany), CityLift (the US), Westfalia (Germany), Robotic Parking Systems Inc. (the US), and Unitronics (Israel).

Key Questions:

  • How will vehicle sales trends impact the market in the long term?
  • How will the industry cope with the challenge of the high cost of an automated parking system?
  • How do you see the impact of government regulations in the automated parking system market?
  • What are the upcoming trends in the  market? What impact would they make post-2022?
  • What are the key strategies adopted by top players to increase their revenue?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Automated Parking System Market, By Structure Type

Silo System

Rail Guided Cart (RGC) System

Shuttle System

AGV System

Tower System

Puzzle System

6. Automated Parking System Market, By End-User Type

Residential

Commercial

Mixed-Use

7. Automated Parking System Market, By System Type

Software

Hardware

8. Automated Parking System Market, By Automation Level

Fully Automated

Semi-Automated

9. Automated Parking System Market, By Design Model Type

Hydraulic

Electro-Mechanical

10. Automated Parking System Market, By Platform Type

Palleted

Non-Palleted

11. Automated Parking System Market, By Parking Level

Less Than Level 5

Level 5–Level 10

More Than Level 10

12. Automated Parking System Market, By Region

North America

      US

      Canada

Europe

      UK

      Germany

      Spain

     France

     Turkey

     Rest of Europe

Asia Pacific

     China 

     Japan

     South Korea

     India 

     Australia

     Rest of APAC

Middle East

     UAE

     Saudi Arabia

     Rest of Middle East

Rest of the World

      Latin America

      Africa

13. Company Profiles

Westfalia Parking

Klaus Multiparking Systems

Fata Automation

Parkplus

Parkmatic

Automotion Parking Systems

Skyline Parking

Unitronics Corporation

Robotic Parking Systems, Inc.

Citylift

Wohr

Eito&Global Inc.

14. Appendix

About

Abbreviations

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