The report also helps in understanding Automated Parking Systems Market dynamics, structure by analyzing the market segments and projects the Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Automated Parking Systems Market make the report investor’s.

Automated Parking Systems Market size was valued at US$ 1.38 Bn. in 2021 and the total revenue is expected to grow at 15.2% of CAGR through 2022 to 2029, reaching nearly US$ 4.28 Bn..

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Market Scope :

To get the final quantitative and qualitative data, all possible factors influencing the markets included in this research study have been considered, thoroughly analyzed, confirmed by primary research, and assessed. The market size for top-level markets and sub-segments is assessed, and the influence of inflation, economic crashes, regulatory & policy changes, and other variables is accounted for in market forecasting. This data is combined with detailed inputs and analysis from the firms and presented in this report.

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.

Overview :

The goal of this study is to give a comprehensive assessment of the Automated Parking Systems Market by segments and geography. The paper goes into great detail on the major variables impacting the growth of the Automated Parking Systems market. The report also provides a thorough examination of the market’s value chain.

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Automated Parking Systems Market Segmentation :

By the Automation level, the fully automated segment held the largest revenue shear of over xx% of CAGR in 2021. A fully automated parking system is a type of automated parking system that is similar to robotic valet parking. The driver must drive the vehicle until it reaches the entry area of an APS. The car must be vacated, with the driver and all passengers exiting. The driver pays at a nearby automated terminal and receives the ticket. When all of the passenger’s exit the entry area, the automobile is lifted by the mechanical system and moved to a pre-determined parking location in the system. The more sophisticated completely automated APS gathers car dimensions and locates a suitable location for them. The operator tries to squeeze the car into the smallest parking space. The driver gets the car by entering the ticket or code he obtained previously into an automated terminal. The APS removes the car from the parking slot and transports it to the exit area. The primary goal of a completely automated APS is to eliminate the necessity for parking attendants.

Automated Parking Systems Market Key Players :

Skyline Parking AG
• Westfalia Parking
• Unitronics (1989) (R”G) Ltd.
• Klaus Multiparking GmbH
• Robotic Parking Systems, Inc.
• City Lift Parking, LLC
• Park Plus Inc.
• Wohr Parking System Pvt. Ltd.
• Parkmatic
• AutoMotion Parking Systems
Primary and secondary research is used to identify market leaders, while primary and secondary research is utilized to determine market revenue. Primary research included in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing managers, while secondary research included an examination of the main manufacturers’ quarterly and financial performance. Secondary sources are used to produce worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then checked using primary data.

Regional Analysis :

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

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COVID-19 Impact Analysis on Automated Parking Systems Market :

The COVID-19 pandemic has impacted industries such as aerospace and military, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Automated Parking Systems market as a whole, as well as the growth rate in 2019-2020, as the impact of COVID-19 has spread. Our most recent questions, views, and market information are vital to the Automated Parking Systems industry’s firms and associations.

Key Questions Answered in the Automated Parking Systems Market Report are :

Which segment grabbed the largest share in the Automated Parking Systems market?
What was the competitive scenario of the Automated Parking Systems market in 2021?
Which are the key factors responsible for the Automated Parking Systems market growth?
Which region held the maximum share in the Automated Parking Systems market in 2021?
Reasons to Purchase the Automated Parking Systems Market Report :

The Maximize Market Research (MMR) report contains a wealth of information about market dynamics and prospects for the anticipated time frame.
Segments and sub-segments exist for quantitative, qualitative, and value (USD Million) data.
Data on supply and demand trends at the national, regional, and sub-regional levels are provided.
The competitive landscape presents current innovations and strategies as well as the market shares of the leading rivals.
Companies that offer a variety of goods, financial information, cutting-edge technology, SWOT analyses, and business ideas.
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