The global parking systems market comprises robotic (AGV-based system), semi-automated, as well as fully-automated parking systems that are used in residential, commercial, and other end-user segments. Vendors in this market are introducing new products that are cost-efficient for larger systems. While the market is dominated by automated and semi-automated parking systems that use mechanical systems to move cars into parking spaces, there has been an upsurge in the adoption rate of robotic parking systems based on automated guided vehicles (AGVs) in the last five years.
Technavio’s analysts forecast the global automated parking systems market to grow at a CAGR of 11.42% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global automated parking systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Automated Parking Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • CityLift Parking • KLAUS Multiparking • Robotic Parking Systems • Skyline Parking • Unitronics
Market driver • Increase in automobile sales • For a full, detailed list, view our report
Market challenge • Regulatory requirements for operations of automated parking systems • For a full, detailed list, view our report
Market trend • Trends in smart parking • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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