Global Automated Parking System Market, 2021-2027
An automated parking system is the one of the measures to increase the supply of car park spaces in limited land resource. The designs of these unique systems help transport vehicles from the entrance to its parking space without the driver present. According to latest analysis by Gen Consulting Company, the global automated parking system market was USD 1,447 million in 2020 and is expected to reach USD 3,081 million in 2027 and register a CAGR of 11.4% during the forecast period, 2021-2027.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global automated parking system market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments.
The automated parking system market is segmented on the basis of automation level, component, platform type, end user, and end user. The automated parking system market is segmented as below:
By automation level:
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