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Robotic Parking Systems Market by End-user, Type, and Geography - Forecast and Analysis 2020-2024

  • Published: Jun 2020
  • Pages: 120
  • SKU: IRTNTR43895
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The robotic parking systems market size will record an incremental growth of USD 71.27 million and a CAGR of 17% during 2019-2024.

This market report entails segmentation by end-user (commercial, residential, and others), type (AGVs with peripherals and Standalone AGVs), and geography (Europe, North America, APAC, MEA, and South America). View our sample report to gather market insights on the segmentations. 

The robotic parking systems market report also analyzes the market's competitive landscape and offers information on several market vendors, including Amano Corp., Cisco Systems Inc., Conduent Inc., Flowbird SAS, IPS Group Inc., Kapsch TrafficCom AG, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, and SKIDATA AG.

What will the Robotic Parking Systems Market Size be in 2020?

Robotic Parking Systems Market Size

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Overview of Competitive Analysis

The robotic parking systems market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.

The market structure is fragmented. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this robotic parking systems market analysis report. Factors such as the Scarcity and drawbacks of conventional parking spaces | Technological advances in automotive industry | Growth of global passenger vehicle market will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.

To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for Robotic Parking Systems Market?

Robotic Parking Systems Market Market segmentation by region

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The report offers an up-to-date analysis of the geographical composition of the market. Europe had the largest market share in the robotic parking systems market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The High adoption of smart parking | Increase in demand from luxury residential buildings | Increased vendor initiatives will significantly influence robotic parking systems market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report

40% of the market's growth will originate from Europe during the forecast period. US | Germany | UK | China | Japan are the key markets for robotic parking systems market in the region. This report provides estimations of the contribution of all regions to the growth of the robotic parking systems market size.

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What are the Key Factors Covered in this Robotic Parking Systems Market Report?

  • CAGR of the market during the forecast period 
  • Detailed information on factors that will drive robotic parking systems market growth during the next five years
  • Precise estimation of the size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the robotic parking systems market industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of robotic parking systems market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook
    • Market size and forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End user

    • Market segments
    • Comparison by End user
    • Commercial - Market size and forecast 2019-2024
    • Residential - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by End user

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • AGVs with peripherals - Market size and forecast 2019-2024
    • Standalone AGVs - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2019-2024
    • North America - Market size and forecast 2019-2024
    • APAC - Market size and forecast 2019-2024
    • MEA - Market size and forecast 2019-2024
    • South America - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Volume driver – Demand led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Amano Corp.
    • Cisco Systems Inc.
    • Conduent Inc.
    • Flowbird SAS
    • IPS Group Inc.
    • Kapsch TrafficCom AG
    • Libelium Comunicaciones Distribuidas SL
    • Nedap NV
    • Siemens AG
    • SKIDATA AG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • 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
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    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
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    TechnavioREPORT WRITING

    Qualitative

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

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    Robotic Parking Systems market growth will increase by $71.27 million during 2019-2024.
    The robotic parking systems market is expected to grow at a CAGR of 16.77% during 2019-2024.
    Technavio has segmented the robotic parking systems market by end user (Commercial, Residential, and Others) ,type (AGVs with peripherals and Standalone AGVs) , and geographic (Europe, North America, APAC, MEA, and South America).
    Amano Corp., Cisco Systems Inc., Conduent Inc., Flowbird SAS, IPS Group Inc., Kapsch TrafficCom AG, Libelium Comunicaciones Distribuidas SL, Nedap NV, Siemens AG, SKIDATA AG are a few of the key vendors in the robotic parking systems market.
    Europe will register the highest growth rate of 39.67% among the other regions. Therefore, the robotic parking systems market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the robotic parking systems market growth are:
    • Scarcity and drawbacks of conventional parking spaces
    • High adoption of smart parking
    The robotic parking systems market vendors should focus on grabbing business opportunities from the commercial segment as it accounted for the largest market share in the base year.
    • 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?
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