Automated Parking System Aps Market Analysis, Technologies, Market Share & Indus

1. Automated Parking System (APS) Market Is Expected To Grow With CAGR of 12.4%

2. Market Summary Market Size- USD 1.21 Billion in 2018, Market Growth- CAGR of 12.4%, Market trends- strong demand for consumer comfort and convenience, increasing demand for high-rise building, Europe expected to register the highest market share during the forecast period The Automated parking system (APS) market was valued at USD 1.21 billion in 2018 and is projected to witness a growth of 12.4% of CAGR during the forecast period Further key findings from the report suggest: Unlike a palleted system which generally requires two pallets for parking and vehicle handling systems, a non-palleted system requires only one vehicle handling system. It is expected that a non-palletised type of automated parking system (APS) is capable of reducing vehicle parking cycle time by ~35% • Vehicle parking system often has a direct impact on the feasibility of a real estate - residential and commercial projects. The designing of automated parking systems (APS) can help to increase the profitability of the project by offering vehicle parking to be located in areas where conventional vehicle parking would not provide flexibility or offer parking space for lesser number of vehicles • Americans citizen spend an average of 17 hours per year searching for parking spaces, resulting in a cost of ~$350 per driver in wasted time, fuel and emissions resulting into increasing demand for automated parking system (APS) • www.reportsanddata.com

3. Key Players: 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) and others. Segmentation: Automated Parking System (APS) by Automation Level (Revenue, USD Million; 2020–2026) • Fully Automated • Semi-automated Automated Parking System (APS) by Structure (Revenue, USD Million; 2020–2026) • AGV System • SILO System • Tower System • Rail Guided Cart (RGC) • Puzzle System • Shuttle System Automated Parking System (APS) by Design (Revenue, USD Million; 2020–2026) • Hydraulic • Electro-mechanical www.reportsanddata.com

4. Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

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