Global Automated Parking Systems Market to Witness Robust Growth Across Different Regions

[San Francisco, USA] - A new market research report says that the global market for automated parking systems is likely to grow a lot over the next few years. The report, "Global Automated Parking Systems Market: Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023," gives a thorough look at the current state of the market and its future prospects in different regions.

The global automated parking systems market size was estimated at USD 2415.00 million in 2021 and is projected to reach USD 3221.00 million by 2028, exhibiting a CAGR of 4.20% during the forecast period.

The report says that the growing need for efficient parking solutions in cities is a major factor in the growth of the market. As cities get more crowded, it can be hard to find a place to park, which can cause traffic and make drivers angry. Automated parking systems solve this problem by making the most of the parking spaces available and cutting down on the time it takes to park and get a car.

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The report also talks about how smart city projects are becoming more popular and how green parking solutions are becoming more popular. As cities try to become more sustainable and eco-friendly, automated parking systems that use advanced technology to improve parking operations and use less energy are becoming more popular.

The report gives an analysis of the global market for automated parking systems by region. The report predicts that the Asia-Pacific region will lead the market over the next few years. Rapid urbanization and more cars on the road in the region are likely to increase the need for automated parking solutions. The market is also expected to grow a lot in North America and Europe, which will be driven by the growing need for efficient parking solutions in cities.

South Korea, Japan, and China are the countries with the largest predicted markets for automated parking systems in the Asia-Pacific region. The report says that the region's strong economic growth, growing number of cities, and government programmes to encourage the growth of smart cities are likely to drive market growth.

The United States is expected to be the biggest market for automated parking systems in North America. This is because smart city projects are becoming more popular, and people want better parking solutions in cities.

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The report says that Germany, the UK, and France are likely to be the biggest markets for automated parking systems in Europe. This is because the region has a strong automotive industry and is becoming more urbanized.

Some of the top companies in the global automated parking systems market, like ShinMaywa, IHI Parking System, MHI Parking, XIZI Parking System, Wuyang Parking, Tongbao Parking Equipment, Huaxing intelligent parking, Nissei Build Kogyo, Yeefung Industry Equipment, CIMC Tianda, Wohr, AJ Dongyang Menics, Dayang Parking, Klaus Multiparking, Maoyuan Parking Equipment, Lödige Industries, PARI, RR Parkon, Tada, Sieger Parking are profiled in the report. The report gives a lot of information about each company, such as their business strategies, how well they did financially, and what has happened recently.

For more information or to purchase the report, please visit: https://www.trouve360reports.com/global-automated-parking-systems-market-research-report-2022/

Overall, the report shows that the global market for automated parking systems is set to grow a lot over the next few years. With the growing trend of smart city development and the growing need for efficient parking solutions in cities, the market is expected to grow quickly in all regions, giving market players a lot of good opportunities.

Related Reports:

Parking Reservation Systems Market, Global Outlook and Forecast 2022-2028: https://www.trouve360reports.com/parking-reservation-systems-market-5971/

Automotive Parking Assistance Systems Market, Global Outlook and Forecast 2022-2028: https://www.trouve360reports.com/automotive-parking-assistance-systems-market-27010/

Global Autonomous Parking Systems Market Research Report 2022(Status and Outlook): https://www.trouve360reports.com/global-autonomous-parking-systems-market-research-report-2022/

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