The
automated parking system market is estimated to be USD +1 billion in 2019 and
is projected to grow at a CAGR of +13% from 2019 to 2025, to reach a market
size of USD +3 billion by 2027.
The
key drivers for the market are 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.
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The Research Insights added a compelling study and analysis
of the global Automated Parking Systems Market
to the large gamut of its existing studies. This intelligence report includes
investigations based on current scenarios, historical records, and future
predictions. An accurate data of various aspects such as type, size,
application, and end user has been closely dissected in this study. It presents
a holistic overview of the competitive landscape of the industries. Thus,
aiming to help companies identify threats and challenges that businesses may be
susceptible.
Top Key Player Profiled
in this Report:-
Westfalia, Citylift, FATA Automation, Robotic
Parking Systems, Boomerang Systems, Parkmatic, Klaus Multiparking, TAPS and APS
On the basis of the competitive scenario, the report
geographically has been divided into regions such as North America, Europe,
Asia Pacific, Middle East, and Latin America. North America has presently
demonstrated to be the fastest growing regional Automated
Parking Systems Market. In the later section of the report, the
comprehensive study of the manufacturing cost structure and its evaluation has
been conducted.
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The major
highlights of the global Automated Parking Systems Market research report:-
It offers a collection of prime information of
the global market
Business profiles of leading key players,
traders, and investor
Economic analysis of the global Automated
Parking Systems Market
Government regulations and political stability
around the market.
Detailed analysis of client preferences and
industry awareness
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