The global Automotive Automated Parking System Market is projected to grow from USD 1.33 billion in 2020 to USD 3.62 billion by 2028 at a CAGR of 15.79% during the forecast period. The Automated Parking System manages parking in order to reduce the amount of space needed for parking. The automated parking mechanism is a system that reduces the amount of parking space necessary. The Automated Parking System is used to construct multi-story parking structures that enhance the number of parking spaces while lowering the amount of land required for parking lots. Parking structures that stack cars vertically to save space are known as Automatic Parking Systems (APS). These one-of-a-kind technologies are designed to transfer vehicles from their entry to their parking location without the need for the driver to be present.
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A strong research methodology employed in the winning Automotive Automated Parking System Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
Fehr Lagerlogistik AG
Westfalia Parking
Unitronics (1989) (R”G) Ltd.
Klaus Multiparking.
Robotic Parking Systems, Inc.
CityLift Parking
Park Plus, Inc.
Wohr Parking System Pvt. Ltd.
Parkmatic
AutoMotion Parking System
Type Analysis of World Wide Market:
Commercial Parking
Residential Parking
Fully Automated
Semi-Automated
Segmentation of global Automotive Automated Parking System Market by Application:
Hardware
Software
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Automotive Automated Parking System market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Objectives of the Study
• To define, describe, segment, and forecast the global Automotive Automated Parking System Market by technology, size, resolution, application, and region.
• To forecast the size of the Automotive Automated Parking System market in North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.
• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges).
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
• To analyze market opportunities for stakeholders and provide details of the competitive leadership mapping for key players.
• To profile key players in the market and comprehensively analyze their core competencies and market shares.
• To track and analyze competitive developments such as acquisitions, product launches, collaborations, partnerships, agreements and expansions in the market.
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This research report gives detailed data about the major factors influencing the growth of the Automotive Automated Parking System market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.
