Multi-Storey Car Parks Research:the global Multi-Storey Car Parks market size is projected to grow from USD 2,997.15 million in 2023 to USD 3,569.37 million by 2029

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Multi-Storey Car Parks- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Multi-Storey Car Parks was estimated to be worth US$ 2389 million in 2024 and is forecast to a readjusted size of US$ 3143 million by 2031 with a CAGR of 4.3% during the forecast period 2025-2031.



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Multi-Storey Car Parks Market Summary

Multi-storey car parks, also called automated (car) parking system (APS), is a mechanical system designed to minimize the area and/or volume required for parking cars. Like a multi-story parking garage, an APS provides parking for cars on multiple levels stacked vertically to maximize the number of parking spaces while minimizing land usage. The APS, however, utilizes a mechanical system to transport cars to and from parking spaces (rather than the driver) in order to eliminate much of the space wasted in a multi-story parking garage. While a multi-story parking garage is similar to multiple parking lots stacked vertically, an APS is more similar to an automated storage and retrieval system for cars.



According to the new market research report "Global Multi-Storey Car Parks Market Report 2023-2029", published by QYResearch, the global Multi-Storey Car Parks market size is projected to grow from USD 2,997.15 million in 2023 to USD 3,569.37 million by 2029, at a CAGR of 2.95% during the forecast period.

Global Multi-Storey Car Parks MarketSize(US$ Million), 2018-2029
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Based on or includes research from QYResearch: Global Multi-Storey Car Parks Market Report 2023-2029.



Market Drivers:

Increased demand for urbanization and urban transportation: With the acceleration of global urbanization, the number of vehicles in cities continues to increase, and the space within cities is limited, resulting in an imbalance in the supply and demand of parking spaces. Multi-storey car parks can effectively utilize limited space to meet the parking needs of urban residents and visitors, and are therefore driven by the increasing demand for urban transportation.
Land use efficiency and economy: Multi-storey parking lots can accommodate more vehicles in limited land space and improve land use efficiency. Compared with traditional flat parking lots, multi-storey parking lots can be constructed more economically because parking spaces can be stacked vertically, reducing land occupation costs and thus being driven by economics.
Urban planning and traffic management: Governments and urban planners usually regard multi-story parking lots as part of urban traffic management. Through reasonable layout and construction of multi-story parking lots, urban traffic flow can be optimized, congestion reduced, traffic environment improved, and city image enhanced. , and therefore driven by urban planning and traffic management.
Commercial and commercial real estate needs: Commercial and commercial real estate projects such as commercial centers, shopping malls, hotels, office buildings, etc. usually need to provide a large number of parking spaces to meet the parking needs of customers and employees. Multi-storey car parks can provide convenient parking services for these commercial and commercial real estate projects, improve customer and employee satisfaction, and are therefore driven by commercial and commercial real estate needs.
Restraint:

High construction costs: The construction costs of multi-storey parking lots are usually high, involving land acquisition, structural design, equipment installation and other aspects. Especially in urban central areas, land costs are high, and the technology and equipment required to build multi-storey parking lots are relatively expensive, which may limit the willingness of developers and investors to invest.
Maintenance and management costs: The maintenance and management of multi-storey parking lots requires a certain amount of cost investment, including regular inspections, maintenance and repairs, safety monitoring, cleaning services, etc. High costs of maintenance and management can impact an operator's profitability, especially in areas with insufficient parking demand or high competition.
Global Multi-Storey Car Parks Top7Players Ranking and Market Share（Continually updated）
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Based on or includes research from QYResearch: Global Multi-Storey Car Parks Market Report 2023-2029.



This report profiles key players of Multi-Storey Car Parks such as XIZI Parking System, Wuyang Parking, Dayang Parking, Yeefung Industry Equipmen, Tongbao Parking Equipment, IHI Parking System, etc.

In 2023, the global top five Multi-Storey Car Parks players account for 16.63% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Multi-Storey Car Parks.





The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Multi-Storey Car Parks market is segmented as below:

By Company

IHI Parking System
Wuyang Parking
Dayang Parking
XIZI Parking System
Yeefung Industry Equipment
Klaus Multiparking
ShinMaywa
Tongbao Parking Equipment
Wohr
Groupe Briand
Maoyuan Parking Equipment
AJ Automated Parking Systems
Huaxing Intelligent Parking
Wipro PARI
HUBER
Mitsubishi Heavy Industries
Nissei Build Kogyo
RR Parkon
CIMCIOT
Goldbeck
Sampu Garage
Tada
Bourne Group



Segment by Type

Semi-automatic Type
Fully-automatic Type



Segment by Application

Residential
Public
Business



Each chapter of the report provides detailed information for readers to further understand the Multi-Storey Car Parks market:

Chapter 1: Introduces the report scope of the Multi-Storey Car Parks report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Multi-Storey Car Parks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Multi-Storey Car Parks market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Multi-Storey Car Parks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Multi-Storey Car Parks in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Multi-Storey Car Parks competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Multi-Storey Car Parks comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Multi-Storey Car Parks market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Multi-Storey Car Parks Market Research Report 2025
Multi-Storey Car Parks- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global and Japan Multi-Storey Car Parks Market Report & Forecast 2024-2030
Global Multi-Storey Car Parks Market Insights, Forecast to 2030
Global Multi-Storey Car Parks Market Research Report 2024
Global Multi-Storey Car Parks Market Report, History and Forecast 2019-2030
Multi-Storey Car Parks - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global and United States Mixed Multi-Storey Car Parks Market Report & Forecast 2024-2030
Global Mixed Multi-Storey Car Parks Market Insights, Forecast to 2030
Mixed Multi-Storey Car Parks- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Mixed Multi-Storey Car Parks Market Research Report 2024
Global and United States Fully Automatic Multi-Storey Car Parks Market Report & Forecast 2024-2030
Global Fully Automatic Multi-Storey Car Parks Market Insights, Forecast to 2030
Global Fully Automatic Multi-Storey Car Parks Market Research Report 2024
Fully Automatic Multi-Storey Car Parks- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Multi-Storey Car Parks - Global Market Insights and Sales Trends 2024
Global and United States Multi-Storey Car Parks Market Report & Forecast 2023-2029
Global Multi-Storey Car Parks Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Multi-Storey Car Parks Market Insights, Forecast to 2029
Global Multi-Storey Car Parks Market Research Report 2023

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