Global Automated Parking System Market Growth Drivers, Opportunity And Competitive Landscape | Robotic Parking Systems, Inc., FATA Automation, CityLift, Park Plus, Inc., wohr Parking System Pvt. Ltd., PARKMATIC TM, EITO&GLOBAL

This Automated Parking System market research report is comprehensive and takes into account various parameters of the market that can be listed as market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. All this data is remarkably useful to the clients and businesses for making decisions related to revenue, investment, import, export and consumption. This market study encompasses a market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness. Automated Parking System market research report has the potential to persuade strategic and specific needs of any business in the ICT industry.

Global automated parking system market is set to witness a healthy CAGR of 12.95% in the forecast to 2026. Rising initiative of developing smart cities and growing demand from luxury residential buildings are the factor for the growth of this market.

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Market Drivers:

Rising demand for sustainable and green parking solution will drive the market

Increasing urbanization and better infrastructure will also accelerate the market growth

Scarcity of land for parking acts as a driving factor for the growth of this market

Growing number of vehicles will also contribute as a factor for this market growth

Market Restraints:

High complexity of the system will restrict the growth of this market

Problems associated with the quality control will also hamper the market growth

Key Market Segmentation

By Automation Level (Fully- Automated, Semi- Automated), Platform Type (Palleted, Non- Palleted), End- User (Residential, Commercial, Mixed- Use), Design Model Type (Hydraulic, Electro-Mechanical), System Type (Hardware, Software), Parking Level (Less Than Level 5, Level 5-Level 10, More Than Level 10), Structure Type (AGV System, Silo System, Tower System, Rail Guided Cart (RGC) System, Puzzle System, Shuttle System), Geography

Few of the major competitors currently working in the global automated parking system market are

Westfalia Parking,
fehr Lagerlogistik AG,
unitronics development & design.,
Robotic Parking Systems, Inc.,
FATA Automation,
CityLift,
Park Plus, Inc.,
wohr Parking System Pvt. Ltd.,

PARKMATIC TM, EITO&GLOBAL INC., IHI Corporation, SIMMATC, Nissei Build Industries Co., Ltd., Romax Parking Solutions Ltd., Watry Design, Inc., 5BY2 B.V., Sieger Parking, RR parkon, Proviron Technology SA, HE-MAN AUTO ROBOPARK (P) LTD, HYTONE Parking System Co., Ltd, Sotefin SA automated parking systems, and other.

Global Automated Parking System Market Methodology

Data Bridge Market Research presents, all the information, statistics and data included in this Automated Parking System report is gathered from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. To succeed in this competitive market place, market research report plays a very important role by offering important and consequential market insights for your business.

This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve 'completeness' and 'confirmation' of data using multiple methods

Market Dynamics:

Set of qualitative information that includes PESTEL Analysis, PORTER Five Forces Model, Value Chain Analysis and Macro Economic factors, Regulatory Framework along with Industry Background and Overview

Key Developments in the Market:

In March 2019, Sumitomo Corporation announced the acquisition of Q-Park Operations B.V. The main aim of the acquisition is to bring out the largest potential of mobility platform. This acquisition will help the company to use the different technologies by the Q- park so that they advance their offering and strengthen their position in the market

In July 2018, Ldige Industries announced the acquisition of 5BY2. This acquisition will help the company to expand their portfolio of automated parking system and will also help them to meet the rising demand of their customers. This will also strengthen their position in the market and will also offer cost effective and reliable solution to market

TABLE OF CONTENTS

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Automated Parking System Market, By Type

7 Automated Parking System Market, By Organization Size

8 Automated Parking System Market Analysis, By Region

9 Competitive Landscape

10 Company Profiles

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request FREE TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automated-parking-system-market

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