US Automated Parking System Market Size, Top Trends

US Automated Parking System Market Size, Top Trends - Industry Revenue, Forecast to 2022-2030

Posted 2023-02-28 07:26:41

The most recent market research study from Emergen Research is focused on the global Automated Parking System Market and offers in-depth analysis of all of its key segments. The size of the market, the rate of revenue growth, industry statistics, revenue splits by regional markets, gross margins, production costs, and product portfolios are all included in reports about the global Automated Parking System market. The most significant drivers, opportunities, trends, challenges, supply and demand ratios, production and consumption patterns, stringent regulatory frameworks, and a wide range of micro- and macro-economic aspects are also highlighted in the research. The writers of the research have included Automated Parking System industry estimates and qualitative and quantitative appraisals.

Some of the most crucial parts of this study that shed light on the fiercely competitive climate of the market are the SWOT analysis and Porter's Five Forces Analysis. The research presents a thorough study of the global Automated Parking System market, comprising North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. This paper looks at other important characteristics of regional markets in addition to the drivers and restraints of revenue growth, production and consumption patterns, shifting consumer tastes, and strict regulatory standards.

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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The paper provides accurate analysis of the COVID-19 impact on the Automated Parking System market and updated information regarding the ongoing COVID-19 epidemic. The impact of COVID-19 on the market and its key segments is highlighted in the report. 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 paper also assesses how COVID-19 may affect the Automated Parking System market in the future.

Target Audience of the Global Automated Parking System Market Report:

Key Market Players
Investors
Venture capitalists
Small- and medium-sized and large enterprises
Third-party knowledge providers
Value-Added Resellers (VARs)
Global market producers, distributors, traders, and suppliers
Research organizations, consulting companies, and various alliances interested in this sector
Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

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)

Leading companies operating across the global Automated Parking System market:

Robotic Parking Systems, Inc., Skyline Parking, Klaus Multiparking, Westfalia Parking, FATA Automation, Park+, Unitronics Inc., Parkmatic, Wohr Parking Systems Pvt. Ltd., and T2 Systems

Segments Covered in this report are:

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

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Additional information offered by the report:

In addition to a comprehensive review of the global Automated Parking System market, the study offers a close examination of the various market trends seen at the local, national, and international levels.

The study goes into detail on the size and share of the global Automated Parking System market as it relates to the key geographic areas.

It carries out exact cost analysis, micro- and macroeconomic indicator analysis, and market growth forecast analysis.

It also provides a thorough explanation of the top market competitors' corporate profiles.

Valuable Market Insights:

The report highlights the latest trends observed in the consumption pattern of each regional segment.

Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.

The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Automated Parking System market.

The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

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