Automated Parking System (APS) Market Size, Product Launch, Revenue Analysis, Till 2026

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Reports and Data’s latest market analysis report is a reliable source of information on the key Automated Parking System (APS) market segments and sub-segments, forecast market size, market dynamics, growth drivers & restraints, opportunities, latest and upcoming market trends, techn

Reports and Data’s latest market analysis report is a reliable source of information on the key Automated Parking System (APS) market segments and sub-segments, forecast market size, market dynamics, growth drivers restraints, opportunities, latest and upcoming market trends, technological breakthroughs, supply demand ratios, and value chain and stakeholder analysis. The report offers precise market projections that are based on historical and present market data, quantitative and qualitative market insights, and proven research methodologies. The latest Automated Parking System (APS) market report offers a comprehensive overview of this business sphere and focuses on its pivotal aspects including market size, market revenue, industry annual sales, regional landscape, product type and application ranges, distribution channels, and key industry statistics.

The Automated parking system (APS) market was valued at USD 1.21 billion in 2018 and is projected to witness a growth of 12.4% of CAGR during the forecast period (from 2018 – 2026). The report discusses in detail the key factors expected to limit the growth of the global Automated Parking System (APS) market. It highlights the major challenges, imminent threats, stringent regulatory frameworks, unfavorable government policies, and various financial barriers the market is likely to be faced with in the coming years. The Automated Parking System (APS) market study holistically covers the grave impact of the COVID-19 pandemic on the market. Furthermore, it leverages various analytical tools such as SWOT analysis, Porter’s Five Forces analysis, and Capacity Utilization analysis to thoroughly assess this business space and determine its developmental scope over the forecast period. The industry analysis report highlights the presence of the Automated Parking System (APS) industry across major regions of the world including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Several key aspects such as consumer tastes preferences, production consumption patterns, supply demand ratios, and revenue growth rate of these regional markets have been detailed in the report.

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The global automotive industry majorly involves the manufacture, design, marketing, and sales of a wide range of automobiles including private and passenger vehicles, sports utility vehicles (SUVs), trucks, vans, and various automotive spare parts such as tires, engines, batteries, etc. The industry accounts for nearly half the global consumption of oil and is said to manufacture around 60 million cars and trucks per year.

The global automotive industry growth is significantly driven by increasing production and sales of automobiles and aftermarket products, incorporation of cutting-edge technologies such as cloud and IoT (Internet of Things), and rapidly growing demand for electric vehicles (EVs) and self-driving cars. The industry has gained major momentum in recent years, owing to changing consumer preferences, formulation of sustainability policies, and rapid industrial automation. Advancements in automotive infrastructure, increasing installation of EV charging stations, and stringent government regulations for automotive safety are other major factors boosting industry growth.           

Top companies operating in the global Automated Parking System (APS) market: Wohr (Germany), Klaus Multi Parking (Germany), CityLift (the US), Westfalia (Germany), Robotic Parking Systems Inc. (the US), Unitronics (Israel), Kyline Parking AG (Switzerland), Dayang Parking Co ltd (China) Automotion Parking Systems and other

Automated Parking System (APS) by Automation Level (Revenue, USD Million; 2016–2026)

Fully Automated

Semi-automated

Automated Parking System (APS) by Structure (Revenue, USD Million; 2016–2026)

AGV System

SILO System

Tower System

Rail Guided Cart (RGC)

Puzzle System

Shuttle System

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Automated Parking System (APS) by Type (Revenue, USD Million; 2016–2026)

Speedy Tower

Rotary Carousel

Optima Parking

Multi Parking

Lift and Slide Parking

Automated Parking System (APS) by Design (Revenue, USD Million; 2016–2026)

Hydraulic

Electro-mechanical

Automated Parking System (APS) by System (Revenue, USD Million; 2016–2026)

Hardware

Cameras

Smart Meters

Signage

Parking Gates

Others

Software

Parking Guidance System

Analytics Solution

Automated Parking System (APS) by Platform (Revenue, USD Million; 2016–2026)

Pallated

Non-Pallated

Automated Parking System (APS) by End User (Revenue, USD Million; 2016–2026)

Commercial

Office Building

Mall

Other

Residential

Automated Parking System (APS) by Parking Level (Revenue, USD Million; 2016–2026)

Less than Level 5

Level 5 – Level 10

More than Level 10.

Key Aspects of the Global Automated Parking System (APS) Market Report:

Exhaustive study of the key market drivers, restraints, challenges, and risks, and their impact on market revenue growth.

In-depth analysis of upstream raw materials and downstream buyers

Major focus on regional market demand and supply ratios, market revenue growth rate, and other critical factors influencing regional market growth.

Vital information on production capacity, manufacturing costs, consumer demand, pricing structure, revenue generation, and gross profit margins of each regional market.

Comprehensive analysis of the close competition among key market players.

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