Emergen Research's Comprehensive Global Automated Parking System Market Research Report, added to its ever-expanding collection, contains insights into the Automated Parking System Market and its key components. The report was created after conducting a great deal of primary and secondary research with the intention of giving readers and businesses a competitive advantage over their counterparts in the sector. The report provides insights into the industry's growth factors Automated Parking Systems, opportunities, lucrative business prospects, promising growth areas, and estimated growth rates through 2030. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets. According to the analysis, one of the key factors for the market's likely fall in the upcoming years is the present pandemic. The pandemic has had a significant impact on business, which has negatively changed demand trends and market dynamics. The pandemic's financial challenges have slowed down corporate growth across the board and impacted international supply lines.
The global automated parking system market size was USD 1319.9 Million in 2021 and is expected to register a revenue CAGR of 15.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for sustainable parking solutions and rapid urbanization is a key factor driving market revenue growth.
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North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Automated Parking System market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Some players analyzed in the report are:
Robotic Parking Systems, Inc., Skyline Parking, Klaus Multiparking, Westfalia Parking, FATA Automation, Park+, Unitronics Inc., Parkmatic, Wohr Parking Systems Pvt. Ltd., and T2 Systems
The report further divides the Automated Parking System market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Automated Parking System market.
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On the basis of type, the market is segmented into
Component Outlook (Revenue, USD Million; 2019-2030)
Hardware
Software
Application Outlook (Revenue, USD Million; 2019-2030)
Commercial parking
Residential parking
Structure Type Outlook (Revenue, USD Million; 2019-2030)
Silo system
Tower system
Puzzle system
Shuttle system
Rail Guided Cart (RGC) system
Automated Guided Vehicle (AGV) system
Additionally, the report's charts, tables, graphs, figures, and diagrams convey the analytical data in an orderly manner. Because of this, it is simpler for readers to understand the market situation in a useful way. In order to help the reader, make wise business decisions, the study also attempts to offer a forward-looking viewpoint and an informative conclusion. A thorough SWOT and Porter's Five Forces analysis of the market segments expected to dominate the market, regional division, estimated market size and share, and more are included in the report's conclusion.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Automated Parking System market?
What are the key product types and applications of the Automated Parking System industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Automated Parking System market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Automated Parking System Market by 2027?
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