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Global Automated Parking System Market: Trends to Watch

A comprehensive historical analysis of global market for Automated Parking System has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Automated Parking System market.

The Automated Parking System Size was valued at USD 1.79 billion in 2021 and is expected to reach at a CAGR of 16.7% from 2022 to 2030.

The report includes growth prospects in the global Automated Parking System market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Automotive & Transportation and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.

The main causes of the expansion include an increase in the number of vehicles, a shortage of parking spaces due to urbanization, an increase in the demand for environmentally friendly and sustainable parking options, and government-led smart city programmes. However, the COVID-19 pandemic epidemic had a major impact on the volume of automated parking system purchases.

Given that the amount of technology in cars has substantially risen over the past two years, automated parking system solutions are best suited for the current environment. In the post-pandemic era, the market might benefit from these variables. The World Construction Network projects that the infrastructure sector (commercial and residential) will grow significantly at a rate of 13.6% over the forecast period. In the upcoming years, this is also anticipated to help the global market expand.

Leading players in Automated Parking Systems include:

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Market split by Segement can be divided into:

By Component

By Structure

By Platform Type

By Automation Level

By End User

Market segment by Region/Country including:

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What’s covered in the report?

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Reasons to buy this Market Report:

1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Automated Parking System market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Automated Parking System Industry.
3. Leading company profiles reveal details of key Automated Parking System market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Automated Parking System market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe, and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Automated Parking System market over the upcoming seven years
7. Accurate estimation of the global Automated Parking System market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the global Automated Parking System market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about the Automated Parking System market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Automated Parking System market

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About the Spherical Insights

Spherical Insights is a market research and consulting firm that provides actionable market research study, quantitative forecasting, and trends analysis provides forward-looking insight especially designed for decision-makers, and aids ROI.

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