Global Automated Parking System
Market Report
2025
Automated Parking System market size will be USD 1987.31 million in 2024 and will expand at a compound annual growth rate (CAGR) of 15.98% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automated Parking System market size will be USD 1987.31 million in 2024 and will expand at a compound annual growth rate (CAGR) of 15.98% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automated Parking System Market Sales Revenue | 121212 | 121212 | 121212 | 15.98% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Component |
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Market Split by Structure |
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Market Split by Platform |
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Market Split by Automation |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Automated Parking System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The automated parking system market is witnessing rapid growth driven by the increasing demand for efficient, space-saving parking solutions in urban areas. These systems utilize advanced technologies such as robotics, sensors, and automation to optimize parking space utilization, streamline vehicle storage, and enhance overall parking management. With urbanization on the rise and limited land availability for traditional parking infrastructure, automated parking systems offer a compelling alternative by maximizing parking capacity in constrained spaces, such as high-density urban environments and commercial buildings. Key benefits include reduced parking congestion, shorter retrieval times for parked vehicles, enhanced security features, and environmentally friendly operation. As cities face mounting challenges related to traffic congestion and environmental sustainability, automated parking systems present a viable solution to address these issues while improving the overall urban mobility experience for residents and visitors alike.
Real Estate Development to Increase the Demand Globally - The growth in real estate development, particularly in urban areas, fuels the demand for Automated Parking Systems. Developers seek innovative parking solutions to maximize land use efficiency and enhance the appeal of commercial and residential properties. Automated parking systems provide developers with the flexibility to integrate parking infrastructure seamlessly into new construction projects, optimizing space utilization and adding value to their developments. Urbanization- The rapid urbanization trend globally is a significant driver for the market. Automated parking systems offer a space-saving alternative to traditional parking structures, allowing for optimal use of limited urban space while meeting the parking needs of growing populations.
High Initial Investment Costs- The significant upfront investment required for installing automated parking systems, including infrastructure, technology, and equipment, can be a major barrier for potential adopters, especially for smaller businesses or municipalities with limited budgets. Complexity of Integration- Integrating automated parking systems with existing infrastructure and operational processes can be complex and time-consuming, requiring coordination among various stakeholders, which may hinder widespread adoption.
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In April 2022, Klaus Multiparking partnered with Unipark. The company has been associated with Klaus Multiparking, expanding the brand presence of the company in Denmark.
(Source: https://www.klausindia.com/products/stack-parking-systems/)
Top Companies Market Share in Automated Parking System Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region's high urbanization rate and limited land availability in major cities drive the demand for space-efficient parking solutions. Additionally, North America has a robust technological infrastructure and a strong automotive industry, fostering innovation and adoption of automated parking systems. Moreover, supportive government regulations and incentives for smart city development further propel market growth, positioning North America as a key hub for automated parking system implementation and investment.
Asia-Pacific stands out as the fastest-growing region in the Automated Parking System market due to the urbanization, population growth, and increasing vehicle ownership rates are driving the demand for efficient parking solutions. Additionally, government initiatives promoting smart city development and infrastructure modernization further accelerate adoption. With densely populated cities facing space constraints, automated parking systems offer a viable solution to optimize land use. Moreover, advancements in technology and favorable regulatory frameworks contribute to the region's rapid market expansion.
The current report Scope analyzes Automated Parking System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automated Parking System Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automated Parking System Industry growth. Automated Parking System market has been segmented with the help of its Component, Structure Platform, and others. Automated Parking System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, hardware is the dominating category due to its pivotal role in system functionality. Essential components such as robotic platforms, sensor arrays, conveyance systems, and control units constitute the physical infrastructure necessary for automated parking operations. The robustness, reliability, and efficiency of hardware solutions directly impact system performance, safety, and user experience. Additionally, hardware innovations drive advancements in parking system capacity, speed, and integration capabilities, influencing market dynamics and competitive differentiation. As such, hardware remains a fundamental focus for manufacturers, developers, and operators seeking to deliver high-quality, scalable, automated parking solutions to meet the growing demand for efficient urban parking infrastructure.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automated Parking System Industry. Request a Free Sample PDF!
Segmenting the Automated Parking System market by Structure is essential for understanding industry dynamics and identifying key demand drivers. Structure refer to the specific use cases or end-user industries that rely on Automated Parking System products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Automated Parking System solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key Structure of Automated Parking System are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automated Parking System Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Automated Parking System Market and is projected to experience significant growth in the near future.
The AGV System segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Skyline Parking AG , Unitronics and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Hardware, Software |
Structure | AGV System, Silo System, Tower System, Rail Guided Cart System, Puzzle System, Shuttle System |
Platform | Palleted, Non-Palleted |
Automation | Fully Automated, Semi-Automated |
End Use | Residential, Commercial, Mixed-Use |
List of Competitors | Skyline Parking AG, Westfalia Parking, Unitronics, Klaus Multiparking GmbH, Robotic Parking Systems Inc., City Lift Parking LLC, Park Plus Inc., Wohr Parking System Pvt. Ltd., Parkmatic, AutoMotion Parking Systems |
This chapter will help you gain GLOBAL Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review Global Automated Parking System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review North America Automated Parking System Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review Europe Automated Parking System Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review Asia Pacific Automated Parking System Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review South America Automated Parking System Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review Middle East Automated Parking System Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automated Parking System. Further deep in this chapter, you will be able to review Middle East Automated Parking System Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automated Parking System. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Structure Analysis 2021 - 2033
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Chapter 12 Market Split by Platform Analysis 2021 - 2033
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Chapter 13 Market Split by Automation Analysis 2021 - 2033
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Chapter 14 Market Split by End Use Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automated Parking System market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Hardware have a significant impact on Automated Parking System market? |
What are the key factors affecting the Hardware and Software of Automated Parking System Market? |
What is the CAGR/Growth Rate of AGV System during the forecast period? |
By type, which segment accounted for largest share of the global Automated Parking System Market? |
Which region is expected to dominate the global Automated Parking System Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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