The Automated Parking System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automated Parking System Market?
The Automated Parking System Global Market has seen a quick growth in its size lately. It is projected to increase from $2.34 billion in 2024 to $2.63 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 12.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automated Parking System Industry?
The Automated Parking System Global Market Report 2024 predicts that by 2029, the market size for automated parking systems is projected to reach $4.96 billion. This projection comes with an anticipated compound annual growth rate (CAGR) of 17.2%.
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What are the Key Growth Drivers Fueling the Automated Parking System Market?
The key drivers in the automated parking system market are:
• Increased adoption of electric vehicles
• High consumer demand for convenience in parking
• Integration of automated parking systems in smart city development
• Focus on sustainable urban development with efficient space usage
Global Market Segmentation: Identifying Major Automated Parking System Industry Segments
The automated parking system market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Structure Type: AGV System, Silo System, Tower System, Rail Guided Cart (RGC) System, Puzzle System, Shuttle System
3) By Platform: Palleted, Non-Palleted
4) By Automation Level: Fully Automated, Semi Automated
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What are the Emerging Trends Shaping the Future of the Automated Parking System Market?
The key trends in the blow-fill-seal technology market are:
• Urbanization and space constraints are trending and impacting the development of automated parking systems.
• Challenges related to traffic congestion and accessibility are shaping market innovations and enhancements.
• Technological advancements are a key emerging trend driving the market.
• Improving safety and security through advanced systems is an important trend in the market.
Who Are the Top Competitors & Leading Players in the Automated Parking System Market?
Major companies in the automated parking system market are:
• Westfalia Technologies Inc.
• Unitronics Systems Inc.
• Klaus Multiparking Systems Pvt Ltd.
• Robotic Parking Systems Inc.
• City Lift Parking LLC
• Wohr Parking System Pvt Ltd.
• Lodige Industries GmbH
• ShinMaywa Industries Ltd.
• Skyline Parking AG
• Dayang Parking Co. Ltd.
• Eito & Global Inc.
• FATA Automation Inc.
• ParkPlus Inc.
• Robopark Inc.
• Parkmatic Systems Inc.
• Smart Parking Solutions Inc.
• Serva Transport Systems GmbH
• Park Assist LLC
• Amano McGann Inc.
• IHI Corporation
• Omnitec Group
• MHE-Demag (S) Pte Ltd
• T2 Systems Inc.
• U-TRON Electronics Co. Ltd.
• TADA Technologies Pte Ltd
• U-ParkIt Solutions LLC
• UbiPark Pty Ltd
• Umojo Inc.
Regional Dominance: Which Area Leads the Global Automated Parking System Market?
Western Europe was the largest region in the automated parking system market in 2024
