Product Code: GVR-4-68039-054-2
Automated Parking System Market Growth & Trends:
The global automated parking system market size is expected to reach USD 6.66 billion in 2030 and is projected to grow at a CAGR of 19.9% from 2025 to 2030. The number of on-road vehicles has increased exponentially across major countries and has given rise to traffic congestion and parking space problems. This has resulted in the emergence of automated parking systems. Moreover, an automated solution improves convenience for vehicle owners or drivers by automatically parking the vehicles at a vacant spot available in the system. Additionally, increasing traffic congestion and inadequate parking space availability in the cities are driving the market growth.
The expansion of the infrastructure drives the marketplace for an automated parking system, along with the growing number of luxury and high-rise buildings and rising support from government bodies. Owing to these benefits, the demand for automated parking systems is anticipated to extend in residential and commercial buildings. Moreover, smart city initiatives across several countries are also driving the demand for advanced and smart automated solutions to reduce parking and pollution problems, the local public faces.
However, the rising number of vehicles of varying sizes in urban areas challenges the growth of the market. Moreover, the high initial investment is required for construction and maintenance per parking space in smart facilities, which increases the initial maintenance and operating costs of these spaces, which could also hinder the growth. However, the growing number of luxury and high-rise buildings, rising support from government bodies, and the increasing willingness of developers drive the marketplace for an automated parking system. Furthermore, the expansion of the infrastructure industry is expected to supply tremendous opportunities for installing an automated parking system in under-construction and newly constructing buildings.
Automated Parking System Market Report Highlights:
- The hardware components contribute to the most significant share of the entire cost of the automated parking system. As a result, the hardware segment accounted for the largest share of 81.9% in 2024
- The tower system segment held the largest market share in 2024. These systems are the most efficient as they save significant horizontal space and take full advantage of the vertical space in a parking facility. Thereby, the segment is anticipated to register significant growth over the forecast period
- The palleted segment dominated the market in 2024. These solutions simplify the movement of vehicles in the parking space as the vehicles cannot be moved or lifted without the driver.
- The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. Increasing vehicle fleet, coupled with the low availability of spaces, is anticipated to create significant demand for automated parking systems in the region
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Automated Parking System Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Automated Parking System Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.4. Pain Point Analysis
Chapter 4. Automated Parking System Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Automated Parking System Market: Component Movement Analysis, USD Million, 2024 & 2030
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Automated Parking System Market: Structure Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Automated Parking System Market: Structure Type Movement Analysis, USD Million, 2024 & 2030
- 5.3. AGV system
- 5.3.1. AGV system Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Silo system
- 5.4.1. Silo system Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Tower system
- 5.5.1. Tower system Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Rail Guided Cart (RGC) system
- 5.6.1. Rail Guided Cart (RGC) system Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Puzzle system
- 5.7.1. Puzzle system Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Shuttle system
- 5.8.1. Shuttle system Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Automated Parking System Market: Platform Type Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Automated Parking System Market: Platform Type Movement Analysis, USD Million, 2024 & 2030
- 6.3. Palleted
- 6.3.1. Palleted Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Non-palleted
- 6.4.1. Non-palleted Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Automated Parking System Market: Automation Level Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Automated Parking System Market: Automation Level Movement Analysis, USD Million, 2024 & 2030
- 7.3. Fully Automated
- 7.3.1. Fully Automated Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Semi-automated
- 7.4.1. Semi-automated Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Automated Parking System Market: End use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Automated Parking System Market: Automation Level Movement Analysis, USD Million, 2024 & 2030
- 8.3. Residential
- 8.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Commercial
- 8.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Mixed-use
- 8.5.1. Mixed-use Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Automated Parking System Market: Regional Estimates & Trend Analysis
- 9.1. Automated Parking System Market Share, By Region, 2024 & 2030, USD Million
- 9.2. North America
- 9.2.1. North America Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.2.4. Mexico
- 9.2.4.1. Mexico Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.2. U.K.
- 9.3.2.1. U.K. Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.2. UAE
- 9.6.2.1. UAE Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.3. KSA
- 9.6.3.1. KSA Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Automated Parking System Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Positioning
- 10.3. Company Heat Map Analysis
- 10.4. Company Profiles/Listing
- 10.4.1. Skyline Parking AG
- 10.4.1.1. Participant's Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Strategic Initiatives
- 10.4.2. Westfalia Technologies, Inc.
- 10.4.2.1. Participant's Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Strategic Initiatives
- 10.4.3. Unitronics
- 10.4.3.1. Participant's Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Strategic Initiatives
- 10.4.4. Klaus Multiparking GmbH
- 10.4.4.1. Participant's Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Strategic Initiatives
- 10.4.5. Robotic Parking Systems, Inc.
- 10.4.5.1. Participant's Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Strategic Initiatives
- 10.4.6. City Lift Parking, LLC
- 10.4.6.1. Participant's Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Strategic Initiatives
- 10.4.7. Park Plus Inc.
- 10.4.7.1. Participant's Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Strategic Initiatives
- 10.4.8. Wohr Parking System Pvt. Ltd.
- 10.4.8.1. Participant's Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Strategic Initiatives
- 10.4.9. Parkmatic
- 10.4.9.1. Participant's Overview
- 10.4.9.2. Financial Performance
- 10.4.9.3. Product Benchmarking
- 10.4.9.4. Strategic Initiatives
- 10.4.10. AutoMotion Parking Systems
- 10.4.10.1. Participant's Overview
- 10.4.10.2. Financial Performance
- 10.4.10.3. Product Benchmarking
- 10.4.10.4. Strategic Initiatives