Sangharatna

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MarketsandMarkets Presents

Automated Parking System Market worth 3.6
billion by 2027
https//www.marketsandmarkets.com/Market-Reports/a
utomated-parking-system-market-79019284.html
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The report Automated Parking System Market by
Automation Level (Semi-Automated,
Fully-Automated), End-User (Commercial,
Residential, Mixed-use), System (Hardware,
Software), Platform , Design Model, Parking
Level, Region - Global Forecast to 2027" The
market is driven by factors such as the
increasing number of vehicles across the globe,
rising urbanization, and scarcity of land for
parking vehicles. Get the PDF Brochure For This
Report https//www.marketsandmarkets.com/pdfdown
loadNew.asp?id78519888 Browse 57 market data
Tables and 42 Figures spread through 141 Pages
and in-depth TOC on "Automated Parking System
Market
https//www.marketsandmarkets.com/Market-Reports/a
utomated-parking-system-market-79019284.html
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Residential segment is projected to be the
fastest-growing automated parking system market,
by end-user type The residential segment is
estimated to be the fastest-growing market for
automated parking system. High demand for
automated parking system in luxury residential
facilities, an increasing number of high-rise
buildings, and developers focus to build low
emission sustainable residential building are
expected to drive the automated parking system
market in the residential segment. According to
the Council on Tall Buildings and Urban Habitat,
in 2018, 143 high-rise buildings with more than
200-meters height were completed, taking the
global total of high-rise buildings with more
than 200-meter height to 1,478 buildings. The
growth of the more than the 200-meter building
was 141 from 2010 to 2018. The growth of
high-rise building is expected to continue and
create enormous opportunities for automated
parking system market in the future. Request
Sample of the report https//www.marketsandmarket
s.com/requestsampleNew.asp?id79019284
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Fully automated parking system is estimated to
be the largest and the fastest-growing segment of
the automated parking system market The choice
of a fully automated and semi-automated parking
system is made based on several factors such as
the size of land, type of the project,
surrounding area, throughput, available budget,
and requirement of parking spaces. Although the
cost of a fully automated parking system is more
than a semi-automated parking system, it offers
advantages such as higher capacity efficiency,
reduced emission, and increased safety
convenience. Due to these advantages, the demand
for a fully automated system is more than a
semi-automated system, particularly in developed
countries. However, the choice of an automated
parking system depends on many factors such as
the available budget, location of the project,
and application. Some of the key automated
parking system suppliers operating in the market
are Wohr (Germany), Klaus Multiparking (Germany),
CityLift (the US), Westfalia Parking (Germany),
Robotic Parking Systems, Inc. (US), and
Unitronics Corporation (Israel). Speak to
Analyst _at_ https//www.marketsandmarkets.com/speakt
oanalystNew.asp?id79019284
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utomated-parking-system-market-79019284.html
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