Automated Parking Systems Market Size, Product, By Covid-19 Impact, SWOT Analysis And Forecast 2029

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 The report on the global Automated Parking Systems market Size takes into consideration the impact of the COVID-19 pandemic on various market players, including market leaders, followers, and disruptors. It analyzes the revenue impact of the lock-down measures implemented in different regions and countries. By providing a detailed examination of the immediate and long-term effects of the pandemic, the report helps decision-makers prepare short- and long-term business strategies tailored to specific regions.

Automated Parking Systems Market size was valued at US$ 1.38 Bn. in 2021 and the total revenue is expected to grow at 15.2% of CAGR through 2022 to 2029, reaching nearly US$ 4.28 Bn.

Automated Parking Systems Market Overview:

The "Global Automated Parking Systems Market Analysis" provides a comprehensive overview of the Automated Parking Systems industry, including market trends, market size, market segmentation, and regional analysis. This report focuses on the key factors driving the growth of the Automated Parking Systems market Share and provides a detailed analysis of the market's current status and future prospects. The study includes an in-depth examination of the leading players in the Automated Parking Systems industry, as well as a comprehensive analysis of the current industry trends and opportunities. The report is expected to help businesses and stakeholders make informed decisions by providing valuable insights into the current state and future prospects of the Automated Parking Systems market Growth.

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The "Global Automated Parking Systems Market Analysis" report encompasses a thorough analysis of the market size and its estimation process. Both top-down and bottom-up approaches are employed to accurately determine the market size by considering the revenue generated by key players and the sales of different segments in different regions. The market size is calculated based on the sale price after excluding any discounts provided by manufacturers, distributors, wholesalers, or traders. Further, weights based on the usage rate and average sale price are applied to each region to obtain market shares, segment breakdowns, and percentage splits. The country-wise division of the overall market and its sub-segments is determined by the percentage of adoption or usage of the specified market size in the respective region or country.

Segmentation:

With a CAGR of over xx% in 2021, the fully automated segment has the highest revenue share. Robotic valet parking is a form of automated parking system that is similar to a fully automated parking system. The car must be driven until it arrives at an APS entry place. The driver and all other passengers must leave the vehicle. The ticket is given to the driver when payment is made at a nearby automated terminal. The car is lifted by the mechanical system and relocated to a designated parking spot in the system once all of the passengers have left the entry area. The more advanced, fully automated APS collects automobile dimensions and chooses an appropriate spot for them.

Key Players: 

Primary and secondary research are used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

The following are the key players of the Automated Parking Systems market Share-

• Parkmatic (US)
• Robotic Parking Systems, Inc. (US)
• AutoMotion Parking Systems (US)
• CityLift (US)
• DESIGNA (US)
• Parking Systems (US)
• FATA Automation (US)
• Park Plus Inc. (US)
• T2 Systems Inc. (US)
• U-Tron (US)
• Parkmatic (US)
• Klaus Multiparking GmbH (Germany)
• Cleverciti Systems GmbH (Germany)
• Westfalia (Germany)
• Wohr (Germany)
• SKIDATA GmbH (Germany)
• Palisa Automatic Parking GmbH & Co. KG (Germany)
• Skyline Parking AG (Switzerland)
• Dayand Parking Co., Ltd. (China)
• Eito & Global Inc. (Japan)
• Amano Corporation (Japan)
• Unitronics (Israel)

Regional Analysis:

A country-level examination of the Automated Parking Systems Market Industry focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Automated Parking Systems Market Industry report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other countries.

COVID-19 Impact Analysis on Automated Parking Systems Market:

We investigated and analyzed the Global Automated Parking Systems Business Expansion Strategy post-COVID-19, by organizational strategic analysis, landscape, category, utilization, and leading countries, which encapsulates and analyses the global Automated Parking Systems industry's potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The primary goal of the study is to provide industrial enterprises with a strategic analysis of COVID-19's impact. Simultaneously, this research examined key nations' marketplaces and emphasized their market potential in post-pandemic situations.

Key Questions Answered in the Automated Parking Systems Market Report are:

  • What are the most promising high-growth opportunities in the global Automated Parking Systems sector, as defined by product category, End User, and Region?
  • Which Automated Parking Systems market segments will expand the fastest, and why?
  • Which regions will have the fastest growth, and why?
  • What are the primary elements influencing Automated Parking Systems market dynamics? What are the primary drivers and obstacles in the Automated Parking Systems market share?
  • What are the Automated Parking Systems market's weaknesses and threats?

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