DUBLIN, Aug. 8, 2022 /PRNewswire/ --The 'Automated Parking System Market Forecast to 2028 - COVID-19 Impact and Global Analysis'report has been added to ResearchAndMarkets.com's offering.
The global automated parking system market is expected to grow from US$ 1,411.59 million in 2021 to US$ 3,543.77 million by 2028; it is estimated to grow at a CAGR of 14.1% from 2021 to 2028.
The need for automated parking systems has increased significantly in the past a few years owing to the increasing number of vehicles and consequently growing demand for sustainable parking solutions. According to the World Economic Forum, the number of cars in the world is estimated reach 2 billion mark by 2040.
Industry experts anticipate most of this growth to happen in emerging markets such as China and India, owing to the rapid increase in population. With the surge in number of vehicles, people are facing issues such as traffic congestion and parking space insufficiency. Fully automated parking systems are capable of parking and retrieving a car automatically. In July 2021, Westfalia Technologies, Inc. (Westfalia) announced the launch of Westfalia Parking App, an all-in-one consumer parking solution that will improve efficiency, safety, and convenience in parking garages across the world, including US, UAE, and Denmark.
Reasons to Buy
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Automated Parking System Market Landscape
5. Automated Parking System Market - Key Market Dynamics
6. Automated Parking System Market - Global Analysis
7. Automated Parking System Market Analysis - By Component
8. Automated Parking System Market - By Automation Level
9. Automated Parking System Market - By Platform
10. Automated Parking System Market - By End-User
11. Automated Parking System Market - Geographic Analysis
12. Impact of COVID-19 Pandemic
13. Automated Parking System Market-Industry Landscape
14. Company Profiles
15. Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/hid9ta
Media Contact:
Research and MarketsLaura Wood, Senior Manager[emailprotected]
For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
Read this article:
Global Automated Parking System Market Poised to Hit $3.54 Billion by 2028 - PR Newswire
- Automation Personnel Services - Temporary Staffing ... [Last Updated On: March 25th, 2016] [Originally Added On: March 25th, 2016]
- Automation | Define Automation at Dictionary.com [Last Updated On: March 25th, 2016] [Originally Added On: March 25th, 2016]
- Automation | Definition of automation by Merriam-Webster [Last Updated On: March 25th, 2016] [Originally Added On: March 25th, 2016]
- Automation | The Car Company Tycoon Game [Last Updated On: March 25th, 2016] [Originally Added On: March 25th, 2016]
- Automation - Wikipedia, the free encyclopedia [Last Updated On: March 25th, 2016] [Originally Added On: March 25th, 2016]
- Automation - Cloud process & workflow automation | Microsoft ... [Last Updated On: June 29th, 2016] [Originally Added On: June 29th, 2016]
- Riverside Automation - Machine Controls [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- Automation: The Car Company Tycoon Game Windows - Mod DB [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- System Integration | Industrial Automation [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- WinAutomation - Smart Macro Recorder, Web Automation ... [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- Automation Solutions - Home [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- The Automation Conference [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- Rohtek Automation [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- JL Automation, LLC | Home Automation, A/V Automation [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- Four fundamentals of workplace automation | McKinsey & Company [Last Updated On: August 27th, 2016] [Originally Added On: August 27th, 2016]
- Leviton Security & Home Automation [Last Updated On: August 27th, 2016] [Originally Added On: August 27th, 2016]
- EVA Automation [Last Updated On: September 6th, 2016] [Originally Added On: September 6th, 2016]
- News | Automation | The Car Company Tycoon Game [Last Updated On: September 6th, 2016] [Originally Added On: September 6th, 2016]
- Automation - The Car Company Tycoon Game on Steam [Last Updated On: September 6th, 2016] [Originally Added On: September 6th, 2016]
- Test automation - Wikipedia, the free encyclopedia [Last Updated On: September 6th, 2016] [Originally Added On: September 6th, 2016]
- Job Seekers - Automation Personnel Services [Last Updated On: October 8th, 2016] [Originally Added On: October 8th, 2016]
- Custom Automation & Machine Design | Automation GT [Last Updated On: October 31st, 2016] [Originally Added On: October 31st, 2016]
- iAutomation [Last Updated On: October 31st, 2016] [Originally Added On: October 31st, 2016]
- Test automation - Wikipedia [Last Updated On: November 16th, 2016] [Originally Added On: November 16th, 2016]
- Automation - Official Site [Last Updated On: November 19th, 2016] [Originally Added On: November 19th, 2016]
- Beckhoff Automation - Wikipedia [Last Updated On: November 21st, 2016] [Originally Added On: November 21st, 2016]
- Automation - Security Hyperstore [Last Updated On: November 21st, 2016] [Originally Added On: November 21st, 2016]
- IT Automation - BMC [Last Updated On: November 29th, 2016] [Originally Added On: November 29th, 2016]
- ID Automation [Last Updated On: November 29th, 2016] [Originally Added On: November 29th, 2016]
- The Best Home Automation Systems of 2016 | Top Ten Reviews [Last Updated On: December 24th, 2016] [Originally Added On: December 24th, 2016]
- What is Home Automation? | Home Automation Systems [Last Updated On: December 24th, 2016] [Originally Added On: December 24th, 2016]
- Beyond Automation - hbr.org [Last Updated On: December 25th, 2016] [Originally Added On: December 25th, 2016]
- Build automation - Wikipedia [Last Updated On: December 26th, 2016] [Originally Added On: December 26th, 2016]
- Home automation - Wikipedia [Last Updated On: January 10th, 2017] [Originally Added On: January 10th, 2017]
- Automation | Food Engineering [Last Updated On: January 13th, 2017] [Originally Added On: January 13th, 2017]
- Home Automation - Enerwave Home Automation [Last Updated On: January 14th, 2017] [Originally Added On: January 14th, 2017]
- Automation - DESHAZO [Last Updated On: January 14th, 2017] [Originally Added On: January 14th, 2017]
- Robots, Automation, EOAT, Grippers, Conveyors, Guarding [Last Updated On: January 26th, 2017] [Originally Added On: January 26th, 2017]
- Werner Electric | Automation [Last Updated On: January 28th, 2017] [Originally Added On: January 28th, 2017]
- Automationtechies | Automation Engineering Recruiting [Last Updated On: January 28th, 2017] [Originally Added On: January 28th, 2017]
- Automation - Mazak Corporation [Last Updated On: January 28th, 2017] [Originally Added On: January 28th, 2017]
- Automation | Technologies | Systems | Integrator ... [Last Updated On: January 28th, 2017] [Originally Added On: January 28th, 2017]
- Test Automation Services for Development of Regression ... [Last Updated On: January 28th, 2017] [Originally Added On: January 28th, 2017]
- Carlo Gavazzi Automation Components [Last Updated On: January 30th, 2017] [Originally Added On: January 30th, 2017]
- UI Automation Overview - msdn.microsoft.com [Last Updated On: February 5th, 2017] [Originally Added On: February 5th, 2017]
- New telecom transformation goals require service automation - TechTarget [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Global Hazardous Waste Handling Automation Market: By Products ... - Business Wire (press release) [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- 2M Automation wins IoT support from Schneider - Electronics EETimes (registration) [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Futures Shaped by Automation and Catastrophe: Peter Frase on Capitalism's Endgame - Truth-Out [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Automation expected to displace insurance underwriters, real estate brokers - CIO Dive [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Automation, robots could replace 250000 public sector workers in the next 15 years - Computer Business Review [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Design Automation Conference - Business Wire (press release) [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- The Perks Of Automation And The Risks: Why To Think Twice About Getting Into That Driverless Uber - Forbes [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Lib Dems Should Embrace Automation of the Workforce - Liberal Democrat Voice [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Voices Reinventing enterprise finance by overhauling AP automation - Accounting Today [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- How Accountants Can Use Automation Their Advantage - Accountingweb.com (blog) [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- DFLabs Launches the First Security Automation and Orchestration Platform based Upon Supervised Active Intelligence - Business Wire (press release) [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- QAD Automation Solutions is Honda Approved - Yahoo Finance [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- VIDEO: Going Big on Automation in a Small Footprint Facility - ENGINEERING.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Building a better model of human-automation interaction - Phys.Org [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- AlixPartners examines automation in manufacturing and logistics management - Logistics Management [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Report: Test automation is increasing - SD Times - SDTimes.com [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Automation is the unavoidable future of the economy - The Daily Cougar [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- GM's Cruise Automation Is Testing An App to Order Self-Driving ... - Fortune [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Speeders beware: Legislation would allow automation crackdown ... - SFGate [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Orbita Ingenieria: New Age Terminal Automation - Port Technology International [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- A Sharper Focus on the Edge - Automation World [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Rockwell Automation Surged 10% in January as Growth Picked Up Steam - Motley Fool [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Most people are optimistic about workplace automation, social data suggests - ZDNet [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Improving Behavior Through Automation of Vehicle Systems - School Transportation News (blog) [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- 'We employ insane levels of automation' Kris Canekeratne - Times of India [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Why Don't We See More Automation in Federal Networks? - Nextgov [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Technobabble: Automation and the modern worker - CIO Dive [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Readers Write (Feb. 12): The moose population; jobs, start-ups and automation; diversity in the funny pages - Minneapolis Star Tribune [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Automation Nightmare: Philosopher Warns We Are Creating a World Without Consciousness - Big Think [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Automation can replace bureaucrats and save taxpayers money - Hot Air [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Automation can revitalize the US workforce - Fox News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- TigerStop hopes to ride automation to new heights - The Columbian [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Hexadite Unveils Custom Playbooks Following One Millionth Automated Cybersecurity Investigation - Yahoo Finance [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- NEC updates postal automation system for Hongkong Post - ETCIO.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]