The Europe Automated Parking System Market would witness market growth of 16.7% CAGR during the forecast period (2023-2030).
The imperative for sustainable urban development has prompted a reevaluation of transportation and parking infrastructure. With its ability to reduce the need for extensive excavation and construction, APS aligns with sustainability goals. The minimized environmental impact, coupled with the potential integration of electric vehicle charging infrastructure, positions automated parking systems as key contributors to the evolution of sustainable urban mobility. Moreover, the era of smart cities is characterized by the integrating advanced technologies to enhance urban living.
Moreover, automated parking systems find application across diverse sectors, ranging from commercial and residential developments to mixed-use complexes and public infrastructure. The versatility of APS lies in its adaptability to various contexts, providing a scalable solution that caters to the unique parking needs of different environments. Likewise, in residential architecture, automated parking systems redefine the concept of parking convenience. For high-density residential complexes, APS offers residents a hassle-free parking experience.
Moreover, like many other developed countries, the UK is characterized by urbanization and population density. Major cities like London experience high traffic congestion, especially in central areas. Automated parking systems can address the parking challenges associated with dense urban environments. As per the data from the Government of the United Kingdom, motor vehicle traffic on Great Britain roads increased by 8.8% between 2021 and 2022, to 323.8 billion vehicle miles. Car traffic increased by 10.2% from 2021 to 244.0 billion vehicle miles. Therefore, the growing number of vehicles and vehicle traffic in Europe will contribute to the rising demand for automated parking systems in the region.
The Germany market dominated the Europe Automated Parking System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $449.9 million by 2030. The UK market is exhibiting a CAGR of 15.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 17.6% during (2023 - 2030).
Based on Component, the market is segmented into Hardware and Software. Based on Platform Type, the market is segmented into Palleted and Non-Palleted. Based on Automation Level, the market is segmented into Fully Automated and Semi-Automated. Based on End Use, the market is segmented into Commercial, Residential and Mixed-Use. Based on Structure Type, the market is segmented into Tower System, Puzzle System, Silo System, AGV System, Shuttle System, and Rail Guided Cart (RGC) System. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Skyline Parking, Westfalia Technologies, Inc., Unitronics (1989) (R”G) Ltd, KLAUS Multiparking GmbH, Robotic Parking Systems Inc., Park Plus, Inc., WOHR Autoparksysteme GmbH, Parkmatic, and EITO&GLOBAL INC.
The imperative for sustainable urban development has prompted a reevaluation of transportation and parking infrastructure. With its ability to reduce the need for extensive excavation and construction, APS aligns with sustainability goals. The minimized environmental impact, coupled with the potential integration of electric vehicle charging infrastructure, positions automated parking systems as key contributors to the evolution of sustainable urban mobility. Moreover, the era of smart cities is characterized by the integrating advanced technologies to enhance urban living.
Moreover, automated parking systems find application across diverse sectors, ranging from commercial and residential developments to mixed-use complexes and public infrastructure. The versatility of APS lies in its adaptability to various contexts, providing a scalable solution that caters to the unique parking needs of different environments. Likewise, in residential architecture, automated parking systems redefine the concept of parking convenience. For high-density residential complexes, APS offers residents a hassle-free parking experience.
Moreover, like many other developed countries, the UK is characterized by urbanization and population density. Major cities like London experience high traffic congestion, especially in central areas. Automated parking systems can address the parking challenges associated with dense urban environments. As per the data from the Government of the United Kingdom, motor vehicle traffic on Great Britain roads increased by 8.8% between 2021 and 2022, to 323.8 billion vehicle miles. Car traffic increased by 10.2% from 2021 to 244.0 billion vehicle miles. Therefore, the growing number of vehicles and vehicle traffic in Europe will contribute to the rising demand for automated parking systems in the region.
The Germany market dominated the Europe Automated Parking System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $449.9 million by 2030. The UK market is exhibiting a CAGR of 15.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 17.6% during (2023 - 2030).
Based on Component, the market is segmented into Hardware and Software. Based on Platform Type, the market is segmented into Palleted and Non-Palleted. Based on Automation Level, the market is segmented into Fully Automated and Semi-Automated. Based on End Use, the market is segmented into Commercial, Residential and Mixed-Use. Based on Structure Type, the market is segmented into Tower System, Puzzle System, Silo System, AGV System, Shuttle System, and Rail Guided Cart (RGC) System. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Skyline Parking, Westfalia Technologies, Inc., Unitronics (1989) (R”G) Ltd, KLAUS Multiparking GmbH, Robotic Parking Systems Inc., Park Plus, Inc., WOHR Autoparksysteme GmbH, Parkmatic, and EITO&GLOBAL INC.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
By Platform Type
- Palleted
- Non-Palleted
By Automation Level
- Fully Automated
- Semi-Automated
By End Use
- Commercial
- Residential
- Mixed-Use
By Structure Type
- Tower System
- Puzzle System
- Silo System
- AGV System
- Shuttle System
- Rail Guided Cart (RGC) System
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Skyline Parking
- Westfalia Technologies, Inc.
- Unitronics (1989) (R”G) Ltd
- KLAUS Multiparking GmbH
- Robotic Parking Systems Inc.
- Park Plus, Inc.
- WOHR Autoparksysteme GmbH
- Parkmatic
- EITO&GLOBAL INC.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Automated Parking System Market by Component
Chapter 5. Europe Automated Parking System Market by Platform Type
Chapter 6. Europe Automated Parking System Market by Automation Level
Chapter 7. Europe Automated Parking System Market by End Use
Chapter 8. Europe Automated Parking System Market by Structure Type
Chapter 9. Europe Automated Parking System Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Skyline Parking
- Westfalia Technologies, Inc.
- Unitronics (1989) (R”G) Ltd
- KLAUS Multiparking GmbH
- Robotic Parking Systems Inc.
- Park Plus, Inc.
- WOHR Autoparksysteme GmbH
- Parkmatic
- EITO&GLOBAL INC.
Methodology
LOADING...
