Automated Parking System is defined as the software system deployed in the car to reduce the parking area required by car while parking manually. The vehicle automatically senses the space for parking and parks the vehicle automatically in the available space automatically.
The rise in the demand of automatic and sustainable parking solution is driving factor for the growth of the automated parking system market. The increase in the urbanization will also accelerate the automated parking systems market.
Automated parking system market is witnessing market growth at a rate of 13.95% in the forecast period of 2020 to 2027. Data Bridge Market Research report on automated parking system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The availability of fewer parking spaces for the automobile is the driving factor for the growth of the automated parking systems market. The rise in automation and ADAS systems will also contribute to the growth of the automated parking systems market.
The cost of automated parking systems is very high and this factor will prove the restraining factor for the growth of the automated parking systems market.
The competitor strategies analysed here generally include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in the market. For an achievement of business at local, regional as well as international level, this high quality Automated Parking System market research report is a definitive solution. In addition, this market report comprises of vital aspects of the market that contains but are not limited to historic data, present market trends, environment, future trends, technological innovation, upcoming technologies and the technical progress in the ABC industry. With the utilization of few steps or a number of steps, the process of generating persuasive Automated Parking System market report is commenced with the expert advice.
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Major Market Competitors/Players
The major players covered in the automated parking system market report are Westfalia Parking, Unironics Development and Design, Robotic Parking Systems Inc., FATA Automation, CityLift, Park Plus Inc., Wohr Parking Systems Pvt. Ltd., PARKMATIC TM, EITO & GLOBAL INC., IHI Corporation, SIMMATC, Romax Parking Solutions Ltd., Watry Desihn Inc., Sieger Parking, RR Parkon, Proviron Technology SA, Skyline Parking AG, Klaus Multiparking GmbH, Autmotion Parking System among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Segmentation : Global Automated Parking System Market
Automated parking system market is segmented on the basis of automation level, platform, end user, design model, system, parking level and structure. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Automated parking system market on the basis of automation level has been segmented as fully automated and semi-automated.
Based on platform, the automated parking system market has been segmented into palleted and non-palleted.
On the basis of end user, the automated parking system market has been segmented residential, commercial and mixed use.
On the basis of design model, the automated parking system market has been segmented into hydraulic and electro-mechanical.
Automated parking system has also been segmented on the basis of system into hardware and software.
Based on parking level, the automated parking system has been segmented into less than level 5, level 5-level 10 and more than level 10.
Automated parking system market on the basis of structure has been segmented into AGV system, silo system, tower system, rail guided cart system, puzzle system and shuttle system.
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automated-parking-system-market&utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Country Level Analysis
The Automated Parking System market is analysed and market size insights and trends are provided by country, distributional channel, end-user, connectivity and lawn covered as referenced above.
The countries covered in the Automated Parking System market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Automated Parking System market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Automated Parking System market.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Major Highlights of Automated Parking System Market in Covid-19 pandemic covered in report:
The report provides impact of COVID-19 on Automated Parking System market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Automated Parking System market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Automated Parking System market.
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
COVID-19 Impact on Automated Parking System Market @ https://www.databridgemarketresearch.com/covid-19-impact/global-automated-parking-system-market?utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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