Automatic Car Parking Systems Market Research and Development with Growth Analysis from 2021 to 2025

The Automatic Car Parking Systems Market study inspects changing market trends, major segments, top investment pockets, value chain, competitive landscape, and regional scenario in great detail. The Automatic Car Parking Systems Market studies analyses growth rate, product price, profit, capacity, production, supply, demand, market growth rate, and forecast through 2025 for the world's major regions.

The Automatic Car Parking Systems Market is expected to register a CAGR of 10.3% over the forecast period 2021 – 2025. The Automatic Car Parking Systems Market is studied using various techniques and analyses in order to give reliable and in-depth information about the industry. It is planned into sections to cover various elements of the market for a better understanding. The reader will have a better understanding of each region's growth potential by delving further into each of the areas.

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The study covers competitive landscape of top manufacturers are: IHI Parking System, Wuyang Parking, Nissei Build Kogyo, Yeefung Industry Equipment, Wohr, AJ Dongyang Menics, Dayang Parking, Klaus Multiparking, LDIGE, Tada, Unitronics, STOPA Anlagenbau, Sampu Stereo Garage, Park Plus, Westfalia, Serva, Robotic Parking Systems, Parkmatic, Fata automation, Eito & Global Inc

Global Automatic Car Parking Systems Market Segmentation:

Segmentation By Type:

Semi-Automated Systems

Automated Systems

Segmentation By Application:

Residential

Public Facilities

Office Building

Other

Regional Analysis:

Europe is expected to be the largest market during the forecast period

According to European Automobile Manufacturers Association, number of motor vehicles on road in European union were reported to be 308.3 million, in 2018. With the presence of many big players of automated parking systems in the region and the attitude of people living in the region towards adaption of new technologies which are also environment friendly, Europe is expected to be the largest market for automated parking systems.

The automated parking system results from a partnership of different companies; owing to that, major players are teaming up with other technology and real estate companies to provide automated parking systems. For instance, ​

In 2019, the local authorities in Stuttgart, Germany, gave Daimler and Bosch permission to start testing the automated valet parking service at the Mercedes-Benz Museum parking garage. The technology will work through a smartphone app, through which the car will drive itself to the assigned space, and it will return the car to the drop-off point in the same manner.

The government in the region is regulating the use of its land and other resources, so they are emphasizing on better utilization of these resources. For instance, the government of Netherlands introduced the Spatial planning act, which looks at the land use in the region.

The automated parking system is expected to reduce the pollution levels in the region, also reduce the parking space required for large fleet of vehicles and with the increasing number of vehicles in the world this solution will be very feasible to tackle most problems at the same time.For instance, 

Market Overview:

The growing demand for connected cars and autonomous cars has been encouraging vendors to develop advanced parking solutions in the market. Additionally, increasing traffic congestion and inadequate parking space availability in the cities are driving the market growth.
The growing sales of entry- and mid-level autonomous vehicles in developed countries (such as the United States and the Western European countries) and the emerging countries (such as China and India) are expected to boost the demand for these automated parking systems in the coming years.

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Highlights of Automatic Car Parking Systems Market report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market

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Table of Contents:

Global Automatic Car Parking Systems Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Automatic Car Parking Systems Market Forecast

Customization:

The Global Automatic Car Parking Systems Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

Impact of Covid-19:

The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the Automatic Car Parking Systems Market and its major segments is enclosed in depth in this report. It also addresses the pandemic's present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.

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This release was published on openPR.