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The Automated Parking System Market size was valued at USD 2.10 billion in 2023 and is expected to reach USD 7.78 billion by 2031, and grow at a CAGR of 17.8% over the forecast period 2024-2031.
Automated parking systems use vertical stacking to save space and eliminate the need for human drivers, making them ideal for crowded cities with limited parking. This not only saves space but also reduces construction costs by eliminating elevators, ramps, and other unnecessary infrastructure. The market for these systems is growing due to a combination of factors including smart city initiatives, a rise in smart buildings and luxury developments, and real estate developers' preference for automation. Rapid urbanization is also a major driver as it creates a growing demand for parking solutions in space-constrained areas. Technological advancements in areas like sensors, robotics, and AI are making automated parking systems more efficient and reliable. Thus, the integration of various smart technologies like IoT sensors and guidance systems further enhances their performance, making them even more attractive to developers and users.
| Report Attributes | Details |
|---|---|
| Market Segmentation | • by Automation level (Semi-automated, Fully automated) • by System type (Hardware, Software) • by End-user (Commercial, Residential, Mixed-use) • by Design Model (Hydraulic, Electro-mechanical) • by Platform type (Palleted, Non-palleted) • by Parking level (Less than level 5, Level 5- level 10, More than level 15) |
| Regional Analysis | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Wohr, Boomerang Systems, Klaus Multi Parking, FATA Automation, AJ Automated Parking System, CityLift, Mitsubishi Electric Corporation, Westfalia, Expert Parking, TAPS, Robotic Parking Systems Inc., and Unitronics |
KEY DRIVERS:
Urbanization Drives Demand for Efficient Parking Solutions
Urbanization, the large-scale movement of people from rural to urban areas, is causing a significant rise in urban populations. As cities expands and replace rural landscapes, the demand for efficient parking solutions grows alongside the construction of new residential and commercial buildings. This increasing population density necessitates innovative parking systems to accommodate the rush of vehicles and ensure a smooth flow of traffic within urban centres.
Rising popularity of high-rise buildings, luxury projects, and real estate developers' preference for automated solutions is fueling market growth.
RESTRAINTS:
Adapting existing parking facilities for automated systems might require significant modifications.
High upfront costs for technology, robotics, and infrastructure modifications can limit adoption.
OPPORTUNITIES:
Growing urbanization and limited land space in cities present a significant opportunity for space-saving automated parking systems.
Advancements in sensor technology, robotics, and AI can further improve the efficiency, reliability, and user experience of automated parking systems.
CHALLENGES:
The high cost of initial installation, due to advanced technology features, is a hurdle for wider adoption of automated parking systems.
The high upfront cost is hindering the widespread adoption of automated parking systems. This stems from the use of advanced technologies like robotics and sensors, which significantly inflate the overall price of the system. Though, these features enhance efficiency and functionality, they also create a financial barrier for potential users such as property developers and parking facility operators.
IMPACT OF RUSSIA-UKRAINE WAR
The Russia-Ukraine war is disrupting the promising growth of automated parking systems. Disruptions in global supply chains, particularly for the complex technological components used in these systems, are a major concern. The war zone's role in material sourcing and manufacturing can lead to shortages and price hikes for essential components like sensors, robotics, and specialized building materials. This could potentially decline the ongoing projects or inflate installation costs by an estimated 10-15%. The war has triggered the economic uncertainty with rising fuel costs and inflation, causing investors to be more cautious. Real estate developers and property managers might be hesitant to undertake expensive new projects, potentially slowing down market growth. The war has shifted global focus towards geopolitical issues and humanitarian crises. This could lead governments to redirect spending away from smart city initiatives, which often incorporate automated parking solutions, and prioritize defence and social welfare programs instead.
The economic slowdown impacts the automated parking system market in several ways. Reduced investment due to limited budgets could significantly impact demand, potentially decreasing the market growth by 5-7%. Real estate developers and property managers may delay the new construction projects altogether. Thus, securing financing for expensive automated parking system installations becomes more challenging during economic downturns. This lack of readily available funding creates an additional hurdle for market expansion. People might be less likely to purchase new cars or relocate to urban areas with limited parking options due to economic uncertainty. Thus, with limited budgets, municipalities may prioritize the maintenance and repair of existing parking infrastructure over investments in new technologies like automated parking systems.
KEY MARKET SEGMENTS:
By Component
Hardware
Software
Hardware is the dominating sub-segment in the Automated Parking System Market by component holding around 80-85% of market share. Hardware forms the core functionality of automated parking systems. It includes mechanical structures, sensors, robotics, and control systems. These components are essential for the physical movement and management of vehicles within the system. Software plays a crucial role, but its effectiveness relies heavily on the underlying hardware infrastructure.
By Structure Type
AGV system
Silo system
Tower system
Rail Guided Cart (RGC) system
Puzzle system
Shuttle system
Tower System is the dominating sub-segment in the Automated Parking System Market by structure type holding around 25-30% of market share. Tower systems offer a space-saving, high-capacity design ideal for urban environments with limited space. Vehicles are stacked vertically in a tower-like structure, maximizing parking capacity within a small footprint. This makes them a popular choice for commercial and residential buildings with high parking demand.
By Platform Type
Palleted
Non-palleted
Palleted Systems is the dominating sub-segment in the Automated Parking System Market by platform. Palleted systems utilize a platform or "pallet" that cradles the vehicle. This platform moves on rails or tracks, offering a simpler and more cost-effective design compared to non-palleted systems. Their relative ease of installation and lower initial cost make them a popular choice for various applications.
By Automation Level
Fully automated
Semi-automated
Fully Automated is the dominating sub-segment in the Automated Parking System Market by automation level. Fully automated systems offer the highest level of convenience and efficiency. They eliminate the need for driver interaction, streamlining the parking process. This makes them ideal for congested urban areas and high-traffic locations where speed and ease of use are crucial.
By End Use
Residential
Commercial
Mixed-use
Commercial is the dominating sub-segment in the Automated Parking System Market by end use. Commercial applications, such as office buildings, shopping malls, and airports, require large parking capacities to accommodate high volumes of vehicles. Automated parking systems offer a space-saving and efficient solution for these needs. Additionally, commercial developers are often more receptive to adopting new technologies like automated parking systems compared to residential settings.
REGIONAL ANALYSES
The Europe is the dominating region in the Automated Parking System Market holding around 34.2% of market share, fueled by a strong presence of leading solution providers, advanced technological infrastructure, and government initiatives for smart cities.
North America is the second highest region in this market due to high demand for parking solutions in dense areas, a focus on innovation, and major automotive manufacturers fostering synergy with the parking industry.
The Asia Pacific is experiencing the fastest growth in this market with a projected growth rate of 18.7%. This is driven by rapid urbanization, economic growth leading to increased car ownership, and a lack of parking space. Government investments in infrastructure and smart city projects further propel the market's growth in this region.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Wohr (Germany), Boomerang Systems, Klaus Multi Parking (Germany), FATA Automation, AJ Automated Parking System, CityLift (US), Mitsubishi Electric Corporation, Westfalia (Germany), ParkPlus, AutoStow Solutions, SkyPark Engineering, Expert Parking, TAPS, Robotic Parking Systems Inc. (US), Unitronics and other key players.
In Nov. 2023: Utron's automated parking system is now operational in Boston's Financial District. This innovative system features 6 floors, 256 conveyors, and 235 parking spaces, making efficient use of space. It even includes 24 dedicated charging stations for electric vehicles.
In May 2023: Shijiazhuang Shopping Centre in China unveiled a high-tech parking solution. Their new underground system automates parking for 156 vehicles, with the potential to expand and meet future demand.
In Jan. 2023: Germany is expanding its automated parking system beyond Stuttgart Airport. Partnering with Bosch, APCOA plans to equip 15 more garages nationwide, prompting infrastructure development to support this technology across the country.
| Report Attributes | Details |
| Market Size in 2023 | US$ 2.10 Bn |
| Market Size by 2031 | US$ 7.78 Bn |
| CAGR | CAGR of 17.8% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Drivers | • The time spent looking for a parking spot waste contributes to pollution, and can be avoided by using an automated parking system. • The efficiency of an automated parking system improves, allowing more vehicles to be parked in less area. |
| Challenges | • An automated parking system is more efficient but the construction costs are significant at first. • Several companies do not appreciate automated parking systems due to the large costs involved. |
Ans: The Automated Parking System Market Size was valued at USD 2.10 billion in 2023 and is expected to reach USD 7.78 billion by 2031, and grow at a CAGR of 17.8% over the forecast period 2024-2031.
The prominent players in the market are Wohr (Germany), Boomerang Systems, Klaus Multi Parking (Germany), FATA Automation, AJ Automated Parking System, CityLift (US), Mitsubishi Electric Corporation, Westfalia (Germany), Expert Parking, and others in the final report.
North America region is dominating the carbon soft Drink market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Automated Parking System Market Segmentation, By Component
9.1 Introduction
9.2 Trend Analysis
9.3 Hardware
9.4 Software
10. Automated Parking System Market Segmentation, By Structure Type
10.1 Introduction
10.2 Trend Analysis
10.3 AGV system
10.4 Silo system
10.5 Tower system
10.6 Rail Guided Cart (RGC) system
10.7 Puzzle system
10.8 Shuttle system
11. Automated Parking System Market Segmentation, By Platform Type
11.1 Introduction
11.2 Trend Analysis
11.3 Palleted
11.4 Non-palleted
12. Automated Parking System Market Segmentation, By Automation Level
12.1 Introduction
12.2 Trend Analysis
12.3 Fully automated
12.4 Semi-automated
13. Automated Parking System Market Segmentation, By End Use
13.1 Introduction
13.2 Trend Analysis
13.3 Residential
13.4 Commercial
13.5 Mixed-use
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 Trend Analysis
14.2.2 North America Automated Parking System Market , By Country
14.2.3 North America Automated Parking System Market Segmentation, By Component
14.2.4 North America Automated Parking System Market Segmentation, By Structure Type
14.2.5 North America Automated Parking System Market Segmentation, By Platform Type
14.2.6 North America Automated Parking System Market Segmentation, By Automation Level
14.2.7 North America Automated Parking System Market Segmentation, By End Use
14.2.8 USA
14.2.8.1 USA Automated Parking System Market Segmentation, By Component
14.2.8.2 USA Automated Parking System Market Segmentation, By Structure Type
14.2.8.3 USA Automated Parking System Market Segmentation, By Platform Type
14.2.8.4 USA Automated Parking System Market Segmentation, By Automation Level
14.2.8.5 USA Automated Parking System Market Segmentation, By End Use
14.2.9 Canada
14.2.9.1 Canada Automated Parking System Market Segmentation, By Component
14.2.9.2 Canada Automated Parking System Market Segmentation, By Structure Type
14.2.9.3 Canada Automated Parking System Market Segmentation, By Platform Type
14.2.9.4 Canada Automated Parking System Market Segmentation, By Automation Level
14.2.9.5 Canada Automated Parking System Market Segmentation, By End Use
14.2.10 Mexico
14.2.10.1 Mexico Automated Parking System Market Segmentation, By Component
14.2.10.2 Mexico Automated Parking System Market Segmentation, By Structure Type
14.2.10.3 Mexico Automated Parking System Market Segmentation, By Platform Type
14.2.10.4 Mexico Automated Parking System Market Segmentation, By Automation Level
14.2.10.5 Mexico Automated Parking System Market Segmentation, By End Use
14.3 Europe
14.3.1 Trend Analysis
14.3.2 Eastern Europe
14.3.2.1 Eastern Europe Automated Parking System Market , By Country
14.3.2.2 Eastern Europe Automated Parking System Market Segmentation, By Component
14.3.2.3 Eastern Europe Automated Parking System Market Segmentation, By Structure Type
14.3.2.4 Eastern Europe Automated Parking System Market Segmentation, By Platform Type
14.3.2.5 Eastern Europe Automated Parking System Market Segmentation, By Automation Level
14.3.2.6 Eastern Europe Automated Parking System Market Segmentation, By End Use
14.3.2.7 Poland
14.3.2.7.1 Poland Automated Parking System Market Segmentation, By Component
14.3.2.7.2 Poland Automated Parking System Market Segmentation, By Structure Type
14.3.2.7.3 Poland Automated Parking System Market Segmentation, By Platform Type
14.3.2.7.4 Poland Automated Parking System Market Segmentation, By Automation Level
14.3.2.7.5 Poland Automated Parking System Market Segmentation, By End Use
14.3.2.8 Romania
14.3.2.8.1 Romania Automated Parking System Market Segmentation, By Component
14.3.2.8.2 Romania Automated Parking System Market Segmentation, By Structure Type
14.3.2.8.3 Romania Automated Parking System Market Segmentation, By Platform Type
14.3.2.8.4 Romania Automated Parking System Market Segmentation, By Automation Level
14.3.2.8.5 Romania Automated Parking System Market Segmentation, By End Use
14.3.2.9 Hungary
14.3.2.9.1 Hungary Automated Parking System Market Segmentation, By Component
14.3.2.9.2 Hungary Automated Parking System Market Segmentation, By Structure Type
14.3.2.9.3 Hungary Automated Parking System Market Segmentation, By Platform Type
14.3.2.9.4 Hungary Automated Parking System Market Segmentation, By Automation Level
14.3.2.9.5 Hungary Automated Parking System Market Segmentation, By End Use
14.3.2.10 Turkey
14.3.2.10.1 Turkey Automated Parking System Market Segmentation, By Component
14.3.2.10.2 Turkey Automated Parking System Market Segmentation, By Structure Type
14.3.2.10.3 Turkey Automated Parking System Market Segmentation, By Platform Type
14.3.2.10.4 Turkey Automated Parking System Market Segmentation, By Automation Level
14.3.2.10.5 Turkey Automated Parking System Market Segmentation, By End Use
14.3.2.11 Rest of Eastern Europe
14.3.2.11.1 Rest of Eastern Europe Automated Parking System Market Segmentation, By Component
14.3.2.11.2 Rest of Eastern Europe Automated Parking System Market Segmentation, By Structure Type
14.3.2.11.3 Rest of Eastern Europe Automated Parking System Market Segmentation, By Platform Type
14.3.2.11.4 Rest of Eastern Europe Automated Parking System Market Segmentation, By Automation Level
14.3.2.11.5 Rest of Eastern Europe Automated Parking System Market Segmentation, By End Use
14.3.3 Western Europe
14.3.3.1 Western Europe Automated Parking System Market , By Country
14.3.3.2 Western Europe Automated Parking System Market Segmentation, By Component
14.3.3.3 Western Europe Automated Parking System Market Segmentation, By Structure Type
14.3.3.4 Western Europe Automated Parking System Market Segmentation, By Platform Type
14.3.3.5 Western Europe Automated Parking System Market Segmentation, By Automation Level
14.3.3.6 Western Europe Automated Parking System Market Segmentation, By End Use
14.3.3.7 Germany
14.3.3.7.1 Germany Automated Parking System Market Segmentation, By Component
14.3.3.7.2 Germany Automated Parking System Market Segmentation, By Structure Type
14.3.3.7.3 Germany Automated Parking System Market Segmentation, By Platform Type
14.3.3.7.4 Germany Automated Parking System Market Segmentation, By Automation Level
14.3.3.7.5 Germany Automated Parking System Market Segmentation, By End Use
14.3.3.8 France
14.3.3.8.1 France Automated Parking System Market Segmentation, By Component
14.3.3.8.2 France Automated Parking System Market Segmentation, By Structure Type
14.3.3.8.3 France Automated Parking System Market Segmentation, By Platform Type
14.3.3.8.4 France Automated Parking System Market Segmentation, By Automation Level
14.3.3.8.5 France Automated Parking System Market Segmentation, By End Use
14.3.3.9 UK
14.3.3.9.1 UK Automated Parking System Market Segmentation, By Component
14.3.3.9.2 UK Automated Parking System Market Segmentation, By Structure Type
14.3.3.9.3 UK Automated Parking System Market Segmentation, By Platform Type
14.3.3.9.4 UK Automated Parking System Market Segmentation, By Automation Level
14.3.3.9.5 UK Automated Parking System Market Segmentation, By End Use
14.3.3.10 Italy
14.3.3.10.1 Italy Automated Parking System Market Segmentation, By Component
14.3.3.10.2 Italy Automated Parking System Market Segmentation, By Structure Type
14.3.3.10.3 Italy Automated Parking System Market Segmentation, By Platform Type
14.3.3.10.4 Italy Automated Parking System Market Segmentation, By Automation Level
14.3.3.10.5 Italy Automated Parking System Market Segmentation, By End Use
14.3.3.11 Spain
14.3.3.11.1 Spain Automated Parking System Market Segmentation, By Component
14.3.3.11.2 Spain Automated Parking System Market Segmentation, By Structure Type
14.3.3.11.3 Spain Automated Parking System Market Segmentation, By Platform Type
14.3.3.11.4 Spain Automated Parking System Market Segmentation, By Automation Level
14.3.3.11.5 Spain Automated Parking System Market Segmentation, By End Use
14.3.3.12 Netherlands
14.3.3.12.1 Netherlands Automated Parking System Market Segmentation, By Component
14.3.3.12.2 Netherlands Automated Parking System Market Segmentation, By Structure Type
14.3.3.12.3 Netherlands Automated Parking System Market Segmentation, By Platform Type
14.3.3.12.4 Netherlands Automated Parking System Market Segmentation, By Automation Level
14.3.3.12.5 Netherlands Automated Parking System Market Segmentation, By End Use
14.3.3.13 Switzerland
14.3.3.13.1 Switzerland Automated Parking System Market Segmentation, By Component
14.3.3.13.2 Switzerland Automated Parking System Market Segmentation, By Structure Type
14.3.3.13.3 Switzerland Automated Parking System Market Segmentation, By Platform Type
14.3.3.13.4 Switzerland Automated Parking System Market Segmentation, By Automation Level
14.3.3.13.5 Switzerland Automated Parking System Market Segmentation, By End Use
14.3.3.14 Austria
14.3.3.14.1 Austria Automated Parking System Market Segmentation, By Component
14.3.3.14.2 Austria Automated Parking System Market Segmentation, By Structure Type
14.3.3.14.3 Austria Automated Parking System Market Segmentation, By Platform Type
14.3.3.14.4 Austria Automated Parking System Market Segmentation, By Automation Level
14.3.3.14.5 Austria Automated Parking System Market Segmentation, By End Use
14.3.3.15 Rest of Western Europe
14.3.3.15.1 Rest of Western Europe Automated Parking System Market Segmentation, By Component
14.3.3.15.2 Rest of Western Europe Automated Parking System Market Segmentation, By Structure Type
14.3.3.15.3 Rest of Western Europe Automated Parking System Market Segmentation, By Platform Type
14.3.3.15.4 Rest of Western Europe Automated Parking System Market Segmentation, By Automation Level
14.3.3.15.5 Rest of Western Europe Automated Parking System Market Segmentation, By End Use
14.4 Asia-Pacific
14.4.1 Trend Analysis
14.4.2 Asia-Pacific Automated Parking System Market , By Country
14.4.3 Asia-Pacific Automated Parking System Market Segmentation, By Component
14.4.4 Asia-Pacific Automated Parking System Market Segmentation, By Structure Type
14.4.5 Asia-Pacific Automated Parking System Market Segmentation, By Platform Type
14.4.6 Asia-Pacific Automated Parking System Market Segmentation, By Automation Level
14.4.7 Asia-Pacific Automated Parking System Market Segmentation, By End Use
14.4.8 China
14.4.8.1 China Automated Parking System Market Segmentation, By Component
14.4.8.2 China Automated Parking System Market Segmentation, By Structure Type
14.4.8.3 China Automated Parking System Market Segmentation, By Platform Type
14.4.8.4 China Automated Parking System Market Segmentation, By Automation Level
14.4.8.5 China Automated Parking System Market Segmentation, By End Use
14.4.9 India
14.4.9.1 India Automated Parking System Market Segmentation, By Component
14.4.9.2 India Automated Parking System Market Segmentation, By Structure Type
14.4.9.3 India Automated Parking System Market Segmentation, By Platform Type
14.4.9.4 India Automated Parking System Market Segmentation, By Automation Level
14.4.9.5 India Automated Parking System Market Segmentation, By End Use
14.4.10 Japan
14.4.10.1 Japan Automated Parking System Market Segmentation, By Component
14.4.10.2 Japan Automated Parking System Market Segmentation, By Structure Type
14.4.10.3 Japan Automated Parking System Market Segmentation, By Platform Type
14.4.10.4 Japan Automated Parking System Market Segmentation, By Automation Level
14.4.10.5 Japan Automated Parking System Market Segmentation, By End Use
14.4.11 South Korea
14.4.11.1 South Korea Automated Parking System Market Segmentation, By Component
14.4.11.2 South Korea Automated Parking System Market Segmentation, By Structure Type
14.4.11.3 South Korea Automated Parking System Market Segmentation, By Platform Type
14.4.11.4 South Korea Automated Parking System Market Segmentation, By Automation Level
14.4.11.5 South Korea Automated Parking System Market Segmentation, By End Use
14.4.12 Vietnam
14.4.12.1 Vietnam Automated Parking System Market Segmentation, By Component
14.4.12.2 Vietnam Automated Parking System Market Segmentation, By Structure Type
14.4.12.3 Vietnam Automated Parking System Market Segmentation, By Platform Type
14.4.12.4 Vietnam Automated Parking System Market Segmentation, By Automation Level
14.4.12.5 Vietnam Automated Parking System Market Segmentation, By End Use
14.4.13 Singapore
14.4.13.1 Singapore Automated Parking System Market Segmentation, By Component
14.4.13.2 Singapore Automated Parking System Market Segmentation, By Structure Type
14.4.13.3 Singapore Automated Parking System Market Segmentation, By Platform Type
14.4.13.4 Singapore Automated Parking System Market Segmentation, By Automation Level
14.4.13.5 Singapore Automated Parking System Market Segmentation, By End Use
14.4.14 Australia
14.4.14.1 Australia Automated Parking System Market Segmentation, By Component
14.4.14.2 Australia Automated Parking System Market Segmentation, By Structure Type
14.4.14.3 Australia Automated Parking System Market Segmentation, By Platform Type
14.4.14.4 Australia Automated Parking System Market Segmentation, By Automation Level
14.4.14.5 Australia Automated Parking System Market Segmentation, By End Use
14.4.15 Rest of Asia-Pacific
14.4.15.1 Rest of Asia-Pacific Automated Parking System Market Segmentation, By Component
14.4.15.2 Rest of Asia-Pacific Automated Parking System Market Segmentation, By Structure Type
14.4.15.3 Rest of Asia-Pacific Automated Parking System Market Segmentation, By Platform Type
14.4.15.4 Rest of Asia-Pacific Automated Parking System Market Segmentation, By Automation Level
14.4.15.5 Rest of Asia-Pacific Automated Parking System Market Segmentation, By End Use
14.5 Middle East & Africa
14.5.1 Trend Analysis
14.5.2 Middle East
14.5.2.1 Middle East Automated Parking System Market , By Country
14.5.2.2 Middle East Automated Parking System Market Segmentation, By Component
14.5.2.3 Middle East Automated Parking System Market Segmentation, By Structure Type
14.5.2.4 Middle East Automated Parking System Market Segmentation, By Platform Type
14.5.2.5 Middle East Automated Parking System Market Segmentation, By Automation Level
14.5.2.6 Middle East Automated Parking System Market Segmentation, By End Use
14.5.2.7 UAE
14.5.2.7.1 UAE Automated Parking System Market Segmentation, By Component
14.5.2.7.2 UAE Automated Parking System Market Segmentation, By Structure Type
14.5.2.7.3 UAE Automated Parking System Market Segmentation, By Platform Type
14.5.2.7.4 UAE Automated Parking System Market Segmentation, By Automation Level
14.5.2.7.5 UAE Automated Parking System Market Segmentation, By End Use
14.5.2.8 Egypt
14.5.2.8.1 Egypt Automated Parking System Market Segmentation, By Component
14.5.2.8.2 Egypt Automated Parking System Market Segmentation, By Structure Type
14.5.2.8.3 Egypt Automated Parking System Market Segmentation, By Platform Type
14.5.2.8.4 Egypt Automated Parking System Market Segmentation, By Automation Level
14.5.2.8.5 Egypt Automated Parking System Market Segmentation, By End Use
14.5.2.9 Saudi Arabia
14.5.2.9.1 Saudi Arabia Automated Parking System Market Segmentation, By Component
14.5.2.9.2 Saudi Arabia Automated Parking System Market Segmentation, By Structure Type
14.5.2.9.3 Saudi Arabia Automated Parking System Market Segmentation, By Platform Type
14.5.2.9.4 Saudi Arabia Automated Parking System Market Segmentation, By Automation Level
14.5.2.9.5 Saudi Arabia Automated Parking System Market Segmentation, By End Use
14.5.2.10 Qatar
14.5.2.10.1 Qatar Automated Parking System Market Segmentation, By Component
14.5.2.10.2 Qatar Automated Parking System Market Segmentation, By Structure Type
14.5.2.10.3 Qatar Automated Parking System Market Segmentation, By Platform Type
14.5.2.10.4 Qatar Automated Parking System Market Segmentation, By Automation Level
14.5.2.10.5 Qatar Automated Parking System Market Segmentation, By End Use
14.5.2.11 Rest of Middle East
14.5.2.11.1 Rest of Middle East Automated Parking System Market Segmentation, By Component
14.5.2.11.2 Rest of Middle East Automated Parking System Market Segmentation, By Structure Type
14.5.2.11.3 Rest of Middle East Automated Parking System Market Segmentation, By Platform Type
14.5.2.11.4 Rest of Middle East Automated Parking System Market Segmentation, By Automation Level
14.5.2.11.5 Rest of Middle East Automated Parking System Market Segmentation, By End Use
14.5.3 Africa
14.5.3.1 Africa Automated Parking System Market , By Country
14.5.3.2 Africa Automated Parking System Market Segmentation, By Component
14.5.3.3 Africa Automated Parking System Market Segmentation, By Structure Type
14.5.3.4 Africa Automated Parking System Market Segmentation, By Platform Type
14.5.3.5 Africa Automated Parking System Market Segmentation, By Automation Level
14.5.3.6 Africa Automated Parking System Market Segmentation, By End Use
14.5.3.7 Nigeria
14.5.3.7.1 Nigeria Automated Parking System Market Segmentation, By Component
14.5.3.7.2 Nigeria Automated Parking System Market Segmentation, By Structure Type
14.5.3.7.3 Nigeria Automated Parking System Market Segmentation, By Platform Type
14.5.3.7.4 Nigeria Automated Parking System Market Segmentation, By Automation Level
14.5.3.7.5 Nigeria Automated Parking System Market Segmentation, By End Use
14.5.3.8 South Africa
14.5.3.8.1 South Africa Automated Parking System Market Segmentation, By Component
14.5.3.8.2 South Africa Automated Parking System Market Segmentation, By Structure Type
14.5.3.8.3 South Africa Automated Parking System Market Segmentation, By Platform Type
14.5.3.8.4 South Africa Automated Parking System Market Segmentation, By Automation Level
14.5.3.8.5 South Africa Automated Parking System Market Segmentation, By End Use
14.5.3.9 Rest of Africa
14.5.3.9.1 Rest of Africa Automated Parking System Market Segmentation, By Component
14.5.3.9.2 Rest of Africa Automated Parking System Market Segmentation, By Structure Type
14.5.3.9.3 Rest of Africa Automated Parking System Market Segmentation, By Platform Type
14.5.3.9.4 Rest of Africa Automated Parking System Market Segmentation, By Automation Level
14.5.3.9.5 Rest of Africa Automated Parking System Market Segmentation, By End Use
14.6 Latin America
14.6.1 Trend Analysis
14.6.2 Latin America Automated Parking System Market , By Country
14.6.3 Latin America Automated Parking System Market Segmentation, By Component
14.6.4 Latin America Automated Parking System Market Segmentation, By Structure Type
14.6.5 Latin America Automated Parking System Market Segmentation, By Platform Type
14.6.6 Latin America Automated Parking System Market Segmentation, By Automation Level
14.6.7 Latin America Automated Parking System Market Segmentation, By End Use
14.6.8 Brazil
14.6.8.1 Brazil Automated Parking System Market Segmentation, By Component
14.6.8.2 Brazil Automated Parking System Market Segmentation, By Structure Type
14.6.8.3 Brazil Automated Parking System Market Segmentation, By Platform Type
14.6.8.4 Brazil Automated Parking System Market Segmentation, By Automation Level
14.6.8.5 Brazil Automated Parking System Market Segmentation, By End Use
14.6.9 Argentina
14.6.9.1 Argentina Automated Parking System Market Segmentation, By Component
14.6.9.2 Argentina Automated Parking System Market Segmentation, By Structure Type
14.6.9.3 Argentina Automated Parking System Market Segmentation, By Platform Type
14.6.9.4 Argentina Automated Parking System Market Segmentation, By Automation Level
14.6.9.5 Argentina Automated Parking System Market Segmentation, By End Use
14.6.10 Colombia
14.6.10.1 Colombia Automated Parking System Market Segmentation, By Component
14.6.10.2 Colombia Automated Parking System Market Segmentation, By Structure Type
14.6.10.3 Colombia Automated Parking System Market Segmentation, By Platform Type
14.6.10.4 Colombia Automated Parking System Market Segmentation, By Automation Level
14.6.10.5 Colombia Automated Parking System Market Segmentation, By End Use
14.6.11 Rest of Latin America
14.6.11.1 Rest of Latin America Automated Parking System Market Segmentation, By Component
14.6.11.2 Rest of Latin America Automated Parking System Market Segmentation, By Structure Type
14.6.11.3 Rest of Latin America Automated Parking System Market Segmentation, By Platform Type
14.6.11.4 Rest of Latin America Automated Parking System Market Segmentation, By Automation Level
14.6.11.5 Rest of Latin America Automated Parking System Market Segmentation, By End Use
15. Company Profiles
15.1 Wohr (Germany)
15.1.1 Company Overview
15.1.2 Financial
15.1.3 Products/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 Boomerang Systems
15.2.1 Company Overview
15.2.2 Financial
15.2.3 Products/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Klaus Multi Parking (Germany)
15.3.1 Company Overview
15.3.2 Financial
15.3.3 Products/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 FATA Automation
15.4.1 Company Overview
15.4.2 Financial
15.4.3 Products/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 AJ Automated Parking System
15.5.1 Company Overview
15.5.2 Financial
15.5.3 Products/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 CityLift (US)
15.6.1 Company Overview
15.6.2 Financial
15.6.3 Products/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 Mitsubishi Electric Corporation
15.7.1 Company Overview
15.7.2 Financial
15.7.3 Products/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Westfalia (Germany)
15.8.1 Company Overview
15.8.2 Financial
15.8.3 Products/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 ParkPlus
15.9.1 Company Overview
15.9.2 Financial
15.9.3 Products/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 AutoStow Solutions
15.10.1 Company Overview
15.10.2 Financial
15.10.3 Products/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View
15.11 SkyPark Engineering
15.11.1 Company Overview
15.11.2 Financial
15.11.3 Products/ Services Offered
15.11.4 SWOT Analysis
15.11.5 The SNS View
15.12 Expert Parking
15.12.1 Company Overview
15.12.2 Financial
15.12.3 Products/ Services Offered
15.12.4 SWOT Analysis
15.12.5 The SNS View
15.13 TAPS
15.13.1 Company Overview
15.13.2 Financial
15.13.3 Products/ Services Offered
15.13.4 SWOT Analysis
15.13.5 The SNS View
15.14 Robotic Parking Systems Inc. (US)
15.14.1 Company Overview
15.14.2 Financial
15.14.3 Products/ Services Offered
15.14.4 SWOT Analysis
15.14.5 The SNS View
15.15 Unitronics
15.15.1 Company Overview
15.15.2 Financial
15.15.3 Products/ Services Offered
15.15.4 SWOT Analysis
15.15.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. Use Case and Best Practices
18. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
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After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
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