Robotic Parking Systems Market Analysis, Trends, Development and Growth Opportunities by Forecast 2032

Robotic Parking Systems Market was valued at $1.4 billion in 2021, and is projected to reach $5.7 billion by 2031, growing at a CAGR of 15.1% from 2022 to 2031.
Automated parking management systems are made up of hardware and software components that help with successful car parking management. It transports vehicles to and from parking slots in a multi-story parking garage using a mechanical mechanism. Cars are piled vertically in a multi-story parking complex or area in various parking lots. Furthermore, automated parking management systems might be fully or semi-automated. Fully automated parking systems function similarly to robot valet parking, eliminating the need for parking attendants. Semi-automated parking systems require little interaction from the attendant or driver. Furthermore, it has various benefits, including improved parking, decreased congestion, reduced pollution, improved user experience, lower operational and administrative expenses, and greater safety.

Market Overview
A growing fleet of personal and commercial automobiles, combined with a scarcity of parking spaces, has resulted in traffic bottlenecks in many parts of the world. The widespread and increasing use of automobiles around the world has created worries about parking space challenges for these vehicles. Automated parking systems have grown in popularity in most major cities to address these difficulties and maximise the utilisation of limited parking spaces. Due to a lack of parking spaces, the number of no parking zone violations has increased substantially, impeding traffic on that road and causing severe traffic congestion.
To effectively address this issue and deal with the existing circumstances. The market is expanding as a result of an increase in the number of high-rise structures and luxury projects, as well as an increase in real-estate developers' readiness to adopt automated solutions. According to the World Construction Network, the infrastructure industry is likewise predicted to develop at a considerable CAGR during the forecast period.

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Global Robotic Parking Systems Market: Segmentations

Global Robotic Parking Systems Market: Major Players
Smart City Robotics
Boomerang Systems
Lödige Industries
A.P.T. Parking Technologies
PARKPLUS
Shenzhen Yeefung Automation Technology
Stanley Robotics
Shaanxi Long Xiang Parking Equipment Group
FATA Automation
Serva Transport Systems
Westfalia Parking Solutions
Unitronics
Applied & Integrated Manufacturing
Worldwide Robotic Automated Parking
HANGZHOU HIKROBOT TECHNOLOGY
MHE-Demag

Global Robotic Parking Systems Market: By Types
Standalone AGVs
AGVs with peripherals

Global Robotic Parking Systems Market: By Applications
Commercial
Residential
Others

Global Robotic Parking Systems Market: Regional Analysis
The countries covered in the regional analysis of the Global Robotic Parking Systems market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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