0

Global Automated Parking Systems Market 2017-2021

  • Published: Dec 2017
  • Pages: 83
  • SKU: IRTNTR15715
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio’s latest market research report on the global automated parking systems market offers an up-to-date assessment of the market in the context of new developments, recent trends, along with an analysis of present-day competitors. This industry research also presents a detailed analysis of the market by end-users (commercial segment, residential segment, and others) and geography (the Americas, APAC, and EMEA). This industry research report identifies CityLift Parking, KLAUS Multiparking, Robotic Parking Systems, Skyline Parking, and Unitronics as the key vendors in the global automated parking systems market.

The infographic below contains key findings from our analysis of the automated parking systems market

 

Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

 

Overview of the global automated parking systems market

Owing to the high disposable income and the rising consumer aspirations, there is a rise in the sales of passenger cars across the globe. This coupled with the growing incidences of vehicle accidents that damage property give rise to the demand for efficient parking infrastructure. Technavio’s automated parking systems market study identifies the increase in automobile sales to be one of the primary growth factors for the market. In addition to on-street and off-street parking, there is a steady demand for efficient and optimized parking spaces, in turn, boosting the growth of the robotic parking market. The residential and commercial real-estate builders are focusing on enhancing their projects by adding advanced robotic parking systems. Our market analysts estimate that the automated parking systems market will grow steadily at a CAGR of more than 11% by 2021.

The recent years witnessed the growing prominence of automated parking systems mainly due to their cost-effectiveness. Real estate owners and developers are steadily incorporating these systems to provide a luxury appeal which would attract high-paying customers. Moreover, consumers investing heavily in new residential buildings also demand amenities such as automated parking systems, roof gardens, fitness centers, and co-working style space. To provide the customers an enhanced experience and increase the appeal of their projects, developers are seeking to equip their residences with automated parking systems. According to our analysts, the increasing demand for luxury residential buildings will be one of the key trends that will gain traction in the automated parking systems market in the coming years.

Competitive landscape and key vendors

The automated parking systems market is highly fragmented due to the presence of several established international and regional vendors. Automated parking systems manufacturers compete intensely in terms of product features, price, customized solutions, and services offered. Key players focus extensively on geographical expansion and launch of new innovative products with advanced and enhanced capabilities. To attain a competitive advantage in the car parking system market, these system providers invest extensively in R&D and introduce new patented technologies in the field of automated parking.

The leading vendors in the market are

  • CityLift Parking
  • KLAUS Multiparking
  • Robotic Parking Systems
  • Skyline Parking
  • Unitronics

The other vendors in the market are 5BY2, Automotion Parking Systems, Dayang Parking, Dongyang Menics, EITO&GLOBAL, FATA Automation, IHI, Katopark, Nissei Build Industries, Parkmatic, PARKPLUS, Qingdao Bortome, Simmatec, Sotefin, Tada, The Automated Parking Solution, Westfalia Parking Solutions, and WÖHR.

 

Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo

 

Segmentation by end-user and analysis of the automated parking systems market

  • Commercial segment
  • Residential segment

The commercial end-users are the primary end-users of the automated parking systems market due to increasing demand for the parking systems from the commercial segment to manage the inflow of traffic. Due to the heavy rush witnessed in commercial spaces, parking systems can easily assist in effective parking and incur minimal cost in retrofitting in old commercial spaces. These systems also require minimal capital investment.

Geographical segmentation and analysis of the automated parking systems market

  • Americas
  • APAC
  • EMEA

APAC will be the major revenue contributor to the car parking system market primarily due to the market dominance by countries such as Japan, China, and South Korea. In these regions, local players such as IHI, Dongyang Menics, Tada, and Dayang Parking, among others have a strong market presence. Also, the rising land prices in large cities and increasing investments in this region will drive the automated parking systems market.

 

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global automated parking systems market?
  • What are the key market trends impacting the growth of the global automated parking systems market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global automated parking systems market?
  • What are the market opportunities and threats faced by the vendors in the global automated parking systems market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global automated parking systems market?

Technavio also offers customization on reports based on specific client requirement.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021
  • Five forces analysis

PART 06: MARKET SEGMENTATION BY END-USER

  • Segmentation by end-user
  • Comparison by end-user
  • Commercial segment – Market size and forecast 2016-2021
  • Residential segment – Market size and forecast 2016-2021
  • Others – Market size and forecast 2016-2021
  • Market opportunity by end-user

PART 07: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2016-2021
  • EMEA – Market size and forecast 2016-2021
  • Americas – Market size and forecast 2016-2021
  • Market opportunity

PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Trends in smart parking
  • Increase in demand from luxury residential buildings
  • Improvement in services

PART 11: VENDOR LANDSCAPE

  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendor overview
  • CityLift Parking
  • KLAUS Multiparking
  • Robotic Parking Systems
  • Skyline Parking
  • Unitronics

PART 13: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>