Automated Parking System Market Report 2026

Automated Parking System Market Overview

• Automated Parking System market size has reached to $2.6 billion in 2025 • Expected to grow to $5.56 billion in 2030 at a compound annual growth rate (CAGR) of 16.4% • Growth Driver: Rising Passenger Car Demand Fueling Growth In Automated Parking Systems Market • Market Trend: Advanced Parking Solutions Revolutionize The Automated Parking System Market • Western Europe was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Automated Parking System Market?

An automated parking system refers to a system that consists of several rooms for storing and retrieving vehicles. With the help of this system, vehicles can be transported from the entrance to their parking space without the presence of a driver. The automated parking system is used to stack vehicles vertically to limit space. The main components of automated parking systems are hardware and software. Hardware refers to the computer's tangible components that store and run the written instructions provided by the software. The types of structures involved are AGV system, silo system, tower system, rail guided cart (RGC) system, puzzle system, and shuttle system. The platforms are palleted, and non-palleted. The automation levels involved fully automated and semi-automated. The various end users include residential, commercial, and mixed-use.

What Is The Automated Parking System Market Growth Forecast?

The automated parking system market size is expected to see rapid growth in the next few years. It will grow to $5.56 billion in 2030 at a compound annual growth rate (CAGR) of 16.4%. The growth in the forecast period can be attributed to growing investments in smart urban mobility solutions, increasing demand for autonomous vehicle-compatible parking, expansion of electric vehicle infrastructure integration, rising focus on reducing traffic congestion, growing adoption in commercial real estate projects. Major trends in the forecast period include increasing adoption of fully automated parking structures, rising demand for space-efficient vertical parking solutions, growing integration of smart parking software platforms, expansion of sensor-based vehicle handling systems, enhanced focus on contactless parking operations.

Global Automated Parking System Market Segmentation

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 Subsegments: 1) By Hardware: Parking Sensors, Cameras And Image Processing Units, Control Units And Servers, Entry Or Exit Barriers and Gates, Display And Signage Systems 2) By Software: Parking Management Software, Reservation And Payment Systems, Analytics And Reporting Tools, User Interface Applications, Integration Software For Smart City Solutions

What Is The Driver Of The Automated Parking System Market?

The rising demand for passenger cars is expected to propel the growth of the automated parking system market going forward. Passenger cars are vehicles designed primarily for the transportation of passengers and typically carry a small number of people, ranging from one to five. The increasing demand for passenger cars is driven by rising disposable incomes, as higher earnings enable more individuals and families to afford personal vehicles, improving mobility and convenience. Automated parking systems in passenger cars enhance convenience and safety by autonomously maneuvering the vehicle into parking spaces, reducing driver involvement, and minimizing parking related stress. For instance, in 2024, according to the China Passenger Car Association (CPCA), a China-based industry association, domestic retail sales of passenger vehicles reached 22.894 million units, marking a 5.5% year on year increase. Therefore, the rising demand for passenger cars is driving the growth of the automated parking system industry.

Key Players In The Global Automated Parking System Market

Major companies operating in the automated parking system market are Westfalia Technologies Inc.; Klaus Multiparking Systems Pvt Ltd.; Robotic Parking Systems Inc.; Wohr Parking Systems; City Lift Parking LLC; ShinMaywa Industries Ltd.; Skyline Parking AG; Dayang Parking Co. Ltd.; Serva Transport Systems GmbH; IHI Corporation; Lodige Industries GmbH; Robopark Inc.; Unitronics Systems Inc.; Eito & Global Inc.; Parkmatic Systems Inc.; Amano Corporation; U-TRON Electronics Co. Ltd.; TADA Technologies Pte Ltd.; Omnitec Group; MHE-Demag Pte Ltd.; FATA Automation Inc.; Umojo Inc.

Global Automated Parking System Market Trends and Insights

Major companies operating in the automated parking system market are increasing their focus on introducing advanced parking solutions, such as the Mobis Parking System, to gain a competitive edge in the market. Mobis Parking System is a comprehensive and innovative parking solution that leverages advanced technology and data analytics to optimize parking management and enhance the overall parking experience for users. For instance, in September 2023, HyundAI Mobis, a South Korea-based automobile company, launched the Mobis Parking System (MPS), which utilizes ultrasonic sensors and surround-view monitor cameras to assess the vehicle's position and generate a map, enabling one-touch autonomous parking. The MPS also includes a Memory Parking Assist (MPA) function that memorizes the parking process when the driver initially parks in learning mode, enabling the vehicle to repetitively park in the same spot with a simple button press. This system is capable of identifying parking lines and facilitating autonomous parking, even in an unoccupied parking space without nearby vehicles.

What Are Latest Mergers And Acquisitions In The Automated Parking System Market?

In May 2024, Fort Worth's Junction Industries, a US-based holding company, acquired Skyline Parking Company for an undisclosed amount. With this acquisition, Junction Industries aims to expand its portfolio of automated vehicle storage solutions and address the growing demand for advanced parking systems in urban development. Skyline Parking, a Switzerland-based automated parking solutions provider, enhances parking efficiency by optimizing space and improving the user experience through cutting-edge technology.

Regional Insights

Western Europe was the largest region in the automated parking system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Automated Parking System Market?

The automated parking system market consists of revenues earned by entities by providing conveyor, crane system and shuttle. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Automated Parking System Market Report 2026?

The automated parking system market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the automated parking system industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.