APS Market Innovations, Applications, Future Trends, Demand Insights By 2028

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The Automated parking system (APS) market was valued at USD 1,519.4 Million in 2020 and is projected to witness a growth of 12.40%of CAGR during the forecast period (from 2020-2028).

The latest market research report published by Report and Data focuses on the global APS market and provides key information on the market, including market dynamics such as market size, revenue growth rate, industry statistics, regional market revenue shares, gross profits, production distribution costs, and product portfolios. The global APS market report highlights other important factors influencing market revenue growth, such as drivers, opportunities, trends, restraints, challenges, demand supply ratios, production and consumption patterns, stringent regulatory frameworks, and a number of micro-economic and macro-economic factors. The authors of the report have provided quantitative and qualitative assessments of the APS industry. These assessments include deep-dive insights into the highly competitive scenario of the industry. Two of the most vital components of this report are SWOT analysis and Porter’s Five Forces Analysis.

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Table of Contents:

  • Market Overview
  • Research Methodologies
  • Overall Economic Impact on the APS Industry
  • Production and Revenue Share Analysis, by Region
  • Supply, Consumption, Export, and Import Ratio Analysis, by Region
  • Market Competition, by Manufacturer
  • Production, Revenue (Value), Price Trend, by Type and Application
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Manufacturing Cost Analysis

The automotive industry involves the manufacture, marketing, and sales distribution of passenger and commercial vehicles, including electric cars and vehicles, mini vans, sports utility vehicles (SUVs), RVs (recreational vehicles), light trucks, pickup trucks, off-road vehicles, motorcycles, scooters, and bicycles.

The global automotive industry revenue growth is majorly driven by factors such as rapidly increasing global population, rise in production and sales of automobiles worldwide, growing demand for specialized automotive aftermarket products and services, rapid digitization in the automotive sector, and rapid integration of next-generation technologies such as AI, machine learning, IoT (Internet of Things), Big Data, and robotics in automotive systems. Rising concerns about environmental pollution around the world, growing demand for electric vehicles and autonomous/self-driving cars, rapid development of the electric vehicle charging infrastructure, and rising trend of industrial automation are some of the other key factors expected to drive the global automotive industry revenue growth over the forecast period.

Segments Covered:

Automated Parking System (APS) by Automation Level (Revenue, USD Million; 2018–2028)

  • Fully Automated
  • Semi-automated

Automated Parking System (APS) by Structure (Revenue, USD Million; 2018–2028)

  • AGV System
  • SILO System
  • Tower System
  • Rail Guided Cart (RGC)
  • Puzzle System
  • Shuttle System

Automated Parking System (APS) by Type (Revenue, USD Million; 2018–2028)

  • Speedy Tower
  • Rotary Carousel
  • Optima Parking
  • Multi Parking
  • Lift and Slide Parking

Automated Parking System (APS) by Design (Revenue, USD Million; 2018–2028)

  • Hydraulic
  • Electro-mechanical

Automated Parking System (APS) by System (Revenue, USD Million; 2018–2028)

  • Hardware
    • Cameras
    • Smart Meters
    • Signage
    • Parking Gates
    • Others
  • Software
    • Parking Guidance System
    • Analytics Solution

Automated Parking System (APS) by Platform (Revenue, USD Million; 2018–2028)

  • Pallated
  • Non-Pallated

Automated Parking System (APS) by End User (Revenue, USD Million; 2018–2028)

  • Commercial
    • Office Building
    • Mall
    • Other
  • Residential

Automated Parking System (APS) by Parking Level (Revenue, USD Million; 2018–2028)

  • Less than Level 5
  • Level 5 – Level 10
  • More than Level 10

Regional Market Segmentation

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading companies operating in market:

Wohr (Germany), Klaus Multi Parking (Germany), CityLift (the US), Westfalia (Germany), Robotic Parking Systems Inc. (the US), Unitronics (Israel), Kyline Parking AG (Switzerland), Dayang Parking Co ltd (China) Automotion Parking Systems and others.

Frequently Asked Questions:

  • What is the estimated revenue CAGR of the global APS market over the forecast period?
  • What are the key factors driving the global market revenue growth?
  • Which regional market is expected to lead in terms of revenue share in the global APS market over the forecast years?
  • Which are the leading manufacturers and suppliers in the global APS market?
  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

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