Table of Content


1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED IN THE STUDY 17
1.4 CURRENCY & PRICING 17
1.5 PACKAGE SIZE 18
1.6 LIMITATIONS 18
1.7 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.2 SECONDARY DATA 21
2.2.1 KEY SECONDARY SOURCES 21
2.2.2 KEY DATA FROM SECONDARY SOURCES 22
2.3 PRIMARY DATA 22
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 23
2.3.2 PRIMARY PARTICIPANTS 23
2.4 MARKET SIZE ESTIMATION 24
2.4.1 TOP-DOWN APPROACH 24
2.5 DATA TRIANGULATION 25
2.6 ASSUMPTIONS 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES IN THE AUTOMATED PARKING SYSTEM MARKET 34
4.2 AUTOMATED PARKING SYSTEM MARKET, BY REGION 35
4.3 AUTOMATED PARKING SYSTEM MARKET, BY LEVEL OF AUTOMATION 36
4.4 AUTOMATED PARKING SYSTEM MARKET, BY END-USER TYPE 37
4.5 AUTOMATED PARKING SYSTEM MARKET, BY PLATFORM TYPE 37
4.6 AUTOMATED PARKING SYSTEM MARKET, BY SYSTEM TYPE 38

5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 41
5.2.1 DRIVERS 41
5.2.1.1 Demand for green and sustainable parking solutions 41
5.2.1.2 Hours spent searching for parking in Germany 42
5.2.1.3 Growth in infrastructure due to rising urbanization 42
5.2.1.4 Global Urban vs. Rural population, 2018–2050 (%) 43
5.2.2 RESTRAINT 43
5.2.2.1 High complexity of the system and issues with quality control 43
5.2.3 OPPORTUNITIES 43
5.2.3.1 Initiative of developing ?Smart Cities’ 43
5.2.3.2 Increasing demand from luxury residential buildings 44
5.2.4 CHALLENGES 44
5.2.4.1 High capital requirement 44

6 INDUSTRY TRENDS 45
6.1 VALUE CHAIN ANALYSIS 45
6.2 MACRO INDICATOR ANALYSIS 46
6.2.1 INTRODUCTION 46
6.2.2 MACRO INDICATORS INFLUENCING THE AUTOMATED PARKING SYSTEM MARKET FOR TOP 3 COUNTRIES 47
6.2.2.1 US 47
6.2.2.2 Germany 48
6.2.2.3 China 49
6.3 PORTER’S 5 FORCES ANALYSIS 50
6.4 EV CHARGING POINTS IN AUTOMATED PARKING SYSTEM 51
6.5 CASE STUDY: FINANCIAL RISK ASSOCIATED WITH AUTOMATED PARKING SYSTEM MARKET 52

7 AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 53
7.1 INTRODUCTION 54
7.2 RESEARCH METHODOLOGY 55
7.3 FULLY AUTOMATED 56
7.3.1 GROWING ACCEPTANCE OF FULLY AUTOMATED PARKING SYSTEM IN EUROPE TO BOOST THE MARKET IN THE REGION 56
7.4 SEMI-AUTOMATED 57
7.4.1 LOWER COST THAN A FULLY AUTOMATED PARKING SYSTEM AND HIGHER EFFICIENCY THAN CONVENTIONAL PARKING SYSTEM WOULD DRIVE THE MARKET FOR SEMI-AUTOMATED PARKING SYSTEM 57
7.5 KEY INDUSTRY INSIGHTS 58

8 AUTOMATED PARKING SYSTEM MARKET, BY PLATFORM TYPE 59
8.1 INTRODUCTION 60
8.2 RESEARCH METHODOLOGY 61
8.3 PALLETED 62
8.3.1 ASIA OCEANIA IS PROJETED TO BE THE FASTEST GROWING MARKET 62
?
8.4 NON-PALLETED 63
8.4.1 EUROPE IS ESTIMATED TO BE THE LARGEST MARKET 63
8.5 KEY INDUSTRY INSIGHTS 63

9 AUTOMATED PARKING SYSTEM MARKET, BY END-USER TYPE 64
9.1 INTRODUCTION 65
9.2 RESEARCH METHODOLOGY 66
9.3 RESIDENTIAL 67
9.3.1 GROWING NUMBER OF HIGH-RISE AND LUXURY RESIDENTIAL BUILDINGS TO DRIVE THE ASIA OCEANIA MARKET 67
9.4 COMMERCIAL 68
9.4.1 GOVERNMENT SUPPORT TO DRIVE THE EUROPEAN MARKET 68
9.5 MIXED-USE 69
9.5.1 GROWING NUMBER OF MIXED-USE FACILITIES ACROSS THE GLOBE TO DRIVE THE MARKET 69
9.6 KEY INDUSTRY INSIGHTS 69

10 AUTOMATED PARKING SYSTEM MARKET, BY DESIGN MODEL TYPE 70
10.1 INTRODUCTION 71
10.2 RESEARCH METHODOLOGY 72
10.3 HYDRAULIC 72
10.4 ELECTRO-MECHANICAL 72
10.5 KEY INDUSTRY INSIGHTS 72

11 AUTOMATED PARKING SYSTEM MARKET, BY SYSTEM TYPE 73
11.1 INTRODUCTION 74
11.2 RESEARCH METHODOLOGY 75
11.3 HARDWARE 75
11.3.1 EUROPE IS ESTIMATED TO LEAD THE MARKET 76
11.4 SOFTWARE 76
11.4.1 DEMAND FOR PARKING MANAGEMENT SYSTEM SAFETY AND SECURITY TO DRIVE THE SOFTWARE MARKET 77
11.5 KEY INDSUTRY INSIGHTS 77

12 AUTOMATED PARKING SYSTEM MARKET, BY PARKING LEVEL 78
12.1 INTRODUCTION 79
12.2 RESEARCH METHODOLOGY 80
12.3 LESS THAN LEVEL 5 81
12.4 LEVEL 5–LEVEL 10 81
12.5 MORE THAN LEVEL 10 81
12.6 KEY INDUSTRY INSIGHTS 81
?

13 AUTOMATED PARKING SYSTEM MARKET, BY STRUCTURE TYPE 82
13.1 INTRODUCTION 82
13.2 AGV SYSTEM 82
13.3 SILO SYSTEM 82
13.4 TOWER SYSTEM 83
13.5 RAIL GUIDED CART (RGC) SYSTEM 83
13.6 PUZZLE SYSTEM 83
13.7 SHUTTLE SYSTEM 83

14 AUTOMATED PARKING SYSTEM MARKET, BY REGION 84
14.1 INTRODUCTION 85
14.2 ASIA OCEANIA 87
14.2.1 CHINA 89
14.2.2 JAPAN 89
14.2.3 INDIA 89
14.2.4 SOUTH KOREA 90
14.3 EUROPE 90
14.3.1 GERMANY 92
14.3.2 SPAIN 93
14.3.3 SWITZERLAND 93
14.3.4 UK 94
14.3.5 NORWAY 94
14.3.6 THE NETHERLANDS 95
14.3.7 DENMARK 95
14.4 MIDDLE EAST 96
14.4.1 KUWAIT 97
14.4.2 ISRAEL 97
14.4.3 UAE 98
14.5 NORTH AMERICA 98
14.5.1 US 100
14.5.2 MEXICO 101
14.5.3 CANADA 101
14.6 ROW 102
14.6.1 BRAZIL 103
14.6.2 SOUTH AFRICA 103
?

15 COMPETITIVE LANDSCAPE 104
15.1 OVERVIEW 104
15.2 DETAILS OF KEY AUTOMATED PARKING PROJECTS 104
15.3 COMPETITIVE LEADERSHIP MAPPING 105
15.3.1 VISIONARY LEADERS 105
15.3.2 INNOVATORS 105
15.3.3 DYNAMIC DIFFERENTIATORS 105
15.3.4 EMERGING COMPANIES 106
15.4 STRENGTH OF PRODUCT PORTFOLIO 107
15.5 BUSINESS STRATEGY EXCELLENCE 108

16 COMPANY PROFILES 109
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
16.1 SKYLINE PARKING 109
16.2 WESTFALIA PARKING 111
16.3 UNITRONICS CORPORATION 113
16.4 KLAUS MULTIPARKING SYSTEMS 116
16.5 ROBOTIC PARKING SYSTEMS, INC. 118
16.6 FATA AUTOMATION 120
16.7 CITYLIFT 121
16.8 PARKPLUS 123
16.9 WOHR 124
16.10 PARKMATIC 126
16.11 EITO&GLOBAL INC. 127
16.12 AUTOMOTION PARKING SYSTEMS 128
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
16.13 OTHER KEY PLAYERS 130
16.13.1 ASIA PACIFIC 130
16.13.1.1 IHI Parking Systems 130
16.13.1.2 PARI 130
16.13.1.3 Shandong Tada Auto Parking 130
16.13.1.4 SIMMATEC International Corporation 130
16.13.1.5 Nissei Build Kogyo 130
16.13.2 NORTH AMERICA 131
16.13.2.1 Romax Parking Solutions 131
16.13.2.2 Watry Design Inc. 131
16.13.3 EUROPE 131
16.13.3.1 5BY2 131
16.13.3.2 Katopark 131
16.13.3.3 Swiss-Park 132
16.13.3.4 DESIGNA 132
17 APPENDIX 133
17.1 INSIGHTS OF INDUSTRY EXPERTS 133
17.2 DISCUSSION GUIDE 134
17.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 137
17.4 AVAILABLE CUSTOMIZATIONS 139
17.4.1 ADDITIONAL COMPANY PROFILES 139
17.4.1.1 Business overview 139
17.4.1.2 SWOT analysis 139
17.4.1.3 Recent developments 139
17.4.1.4 MnM view 139
17.4.2 DETAILED ANALYSIS OF THE AUTOMATED PARKING SYSTEM MARKET,
BY TECHNOLOGY TYPE 139
17.4.3 COUNTRY LEVEL DETAILED ANALYSIS OF THE AUTOMATED PARKING SYSTEM MARKET 139
17.5 RELATED REPORTS 140
17.6 AUTHOR DETAILS 141



List of Figures




FIGURE 1 AUTOMATED PARKING SYSTEM MARKET: RESEARCH DESIGN 19
FIGURE 2 RESEARCH METHODOLOGY MODEL 20
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE DESIGNATION, & REGION 23
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY FOR THE AUTOMATED PARKING SYSTEM MARKET: TOP-DOWN APPROACH 24
FIGURE 5 DATA TRIANGULATION 25
FIGURE 6 AUTOMATED PARKING SYSTEM MARKET OVERVIEW 27
FIGURE 7 AUTOMATED PARKING SYSTEM MARKET: MARKET DYNAMICS 29
FIGURE 8 EUROPE HOLDS THE LARGEST SHARE OF AUTOMATED PARKING SYSTEM MARKET IN 2019 30
FIGURE 9 FULLY AUTOMATED PARKING SYSTEM HOLDS THE LARGEST MARKET SHARE
IN 2019 31
FIGURE 10 COMMERCIAL SEGMENT OF AUTOMATED PARKING SYSTEM IS ESTIMATED TO BE THE LARGEST MARKET IN 2019 32
FIGURE 11 HARDWARE SYSTEM HOLDS THE LARGEST MARKET SHARE IN 2019 33
FIGURE 12 RAPID URBANIZATION AND DEMAND FOR GREEN AND SUSTAINABLE PARKING SOLUTIONS ARE EXPECTED TO BOOST THE GROWTH OF AUTOMATED PARKING SYSTEM MARKET FROM 2019 TO 2027 34
FIGURE 13 ASIA OCEANIA IS PROJECTED TO BE THE FASTEST GROWING MARKET 35
FIGURE 14 FULLY AUTOMATED PARKING SYSTEM AND EUROPE ACCOUNT FOR THE LARGEST SHARE IN THE GLOBAL MARKET FOR AUTOMATED PARKING SYSTEM IN 2019 36
FIGURE 15 COMMERCIAL SEGMENT IS EXPECTED TO DOMINATE THE AUTOMATED PARKING SYSTEM MARKET 37
FIGURE 16 NON-PALLETED AUTOMATED PARKING SYSTEM IS PROJECTED TO GROW AT THE FASTEST RATE 37
FIGURE 17 SOFTWARE SYSTEM SEGMENT OF AUTOMATED PARKING SYSTEM MARKET IS PROJECTED TO GROW AT THE FASTEST RATE 38
FIGURE 18 AUTOMATED PARKING SYSTEM MARKET: MARKET DYNAMICS 41
FIGURE 19 MOST VALUE-ADDED IN THE ASSEMBLY & MANUFACTURING STAGE IN THE AUTOMATED PARKING SOLUTIONS MARKET 45
FIGURE 20 RISING GNI PER CAPITA AND INCREASED CONSUMER SPENDING ARE EXPECTED TO HAVE A POSITIVE IMPACT ON THE AUTOMATED PARKING SYSTEM MARKET 47
FIGURE 21 INCREASING PER CAPITA INCOME WOULD DRIVE THE AUTOMATED PARKING SYSTEM MARKET 48
FIGURE 22 GROWING NUMBER OF VEHICLES IS THE KEY DRIVER FOR GROWTH OF AUTOMATED PARKING SYSTEM IN CHINA 49
FIGURE 23 LOW THREAT FROM NEW ENTRANTS IN THE AUTOMATED PARKING SYSTEM MARKET DUE TO HIGH COST OF ENTRY 50
FIGURE 24 AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2019 VS. 2027 (USD MILLION) 54
FIGURE 25 AUTOMATED PARKING SYSTEM MARKET, BY PLATFORM TYPE 2019 VS. 2027 (USD MILLION) 60
FIGURE 26 AUTOMATED PARKING SYSTEM MARKET, BY END-USER TYPE 2019 VS. 2027 (USD MILLION) 65
FIGURE 27 AUTOMATED PARKING SYSTEM MARKET, BY DESIGN MODEL TYPE 2019 VS. 2027 (?000 PARKING SPACES) 71
FIGURE 28 AUTOMATED PARKING SYSTEM MARKET, BY SYSTEM TYPE 2019 VS. 2027 (USD MILLION) 74
FIGURE 29 AUTOMATED PARKING SYSTEM MARKET, BY PARKING LEVEL 2019 VS. 2027 (?000 PARKING SPACES) 79
FIGURE 30 EUROPE IS ESTIMATED TO DOMINATE THE AUTOMATED PARKING
SYSTEM MARKET 85
FIGURE 31 ASIA OCEANIA: AUTOMATED PARKING SYSTEM MARKET SNAPSHOT 88
FIGURE 32 EUROPE: AUTOMATED PARKING SYSTEM MARKET SNAPSHOT 91
FIGURE 33 MIDDLE EAST: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION
LEVEL, 2019 VS. 2027 (USD MILLION) 96
FIGURE 34 NORTH AMERICA: AUTOMATED PARKING SYSTEM MARKET SNAPSHOT 99
FIGURE 35 ROW: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2019 VS. 2027 (USD MILLION) 102
FIGURE 36 AUTOMATED PARKING SYSTEM MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2019 106
FIGURE 37 SKYLINE PARKING: SWOT ANALYSIS 110
FIGURE 38 UNITRONICS: COMPANY SNAPSHOT 113
FIGURE 39 UNITRONICS: SWOT ANALYSIS 115
FIGURE 40 KLAUS MULTIPARKING SYSTEMS: SWOT ANALYSIS 117
FIGURE 41 ROBOTIC PARKING SYSTEMS, INC: SWOT ANALYSIS 119
FIGURE 42 WOHR: SWOT ANALYSIS 125

 

List of Tables




TABLE 1 CURRENCY EXCHANGE RATE (PER 1 USD) 17
TABLE 2 IMPACT OF MARKET DYNAMICS 40
TABLE 3 AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2017–2027 (?000 PARKING SPACES) 54
TABLE 4 AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2017–2027 (USD MILLION) 55
TABLE 5 FULLY AUTOMATED: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (?000 PARKING SPACES) 56
TABLE 6 FULLY AUTOMATED: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 57
TABLE 7 SEMI-AUTOMATED: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (?000 PARKING SPACES) 57
TABLE 8 SEMI-AUTOMATED: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 58
TABLE 9 AUTOMATED PARKING SYSTEM MARKET, BY PLATFORM TYPE 2017–2027 (USD MILLION) 61
TABLE 10 PALLETED: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 62
TABLE 11 NON-PALLETED: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 63
TABLE 12 AUTOMATED PARKING SYSTEM MARKET, BY END-USER TYPE 2017–2027 (USD MILLION) 66
TABLE 13 RESIDENTIAL: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 67
TABLE 14 COMMERCIAL: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 68
TABLE 15 MIXED-USE: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 69
TABLE 16 AUTOMATED PARKING SYSTEM MARKET, BY DESIGN MODEL TYPE 2017–2027 (?000 PARKING SPACES) 71
TABLE 17 AUTOMATED PARKING SYSTEM MARKET, BY SYSTEM TYPE 2017–2027 (USD MILLION) 74
TABLE 18 HARDWARE: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 76
TABLE 19 SOFTWARE: AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (USD MILLION) 77
TABLE 20 AUTOMATED PARKING SYSTEM MARKET, BY PARKING LEVEL 2017–2027 (?000 PARKING SPACES) 80
TABLE 21 AUTOMATED PARKING SYSTEM MARKET, BY REGION 2017–2027 (?000 PARKING SPACES) 86
TABLE 22 AUTOMATED PARKING SYSTEM MARKET, BY REGION, 2017–2027 (USD MILLION) 86
TABLE 23 ASIA OCEANIA: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL, 2017–2027 (?000 PARKING SPACES) 88
TABLE 24 ASIA OCEANIA: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL, 2017–2027 (USD MILLION) 89
TABLE 25 EUROPE: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2017–2027 (?000 PARKING SPACES) 91
TABLE 26 EUROPE: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2017–2027 (USD MILLION) 92
TABLE 27 GERMANY: KEY AUTOMATED PARIKING PROJECTS 92
TABLE 28 SPAIN: KEY AUTOMATED PARIKING PROJECTS 93
TABLE 29 SWITZERLAND: KEY AUTOMATED PARIKING PROJECTS 93
TABLE 30 UK: KEY AUTOMATED PARIKING PROJECTS 94
TABLE 31 NORWAY: KEY AUTOMATED PARIKING PROJECTS 94
TABLE 32 THE NETHERLANDS: KEY AUTOMATED PARIKING PROJECTS 95
TABLE 33 DENMARK: KEY AUTOMATED PARIKING PROJECTS 95
TABLE 34 MIDDLE EAST: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL, 2017–2027 (?000 PARKING SPACES) 96
TABLE 35 MIDDLE EAST: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL, 2017–2027 (USD MILLION) 97
TABLE 36 KUWAIT: KEY AUTOMATED PARIKING PROJECTS 97
TABLE 37 ISRAEL: KEY AUTOMATED PARIKING PROJECTS 97
TABLE 38 UAE: KEY AUTOMATED PARIKING PROJECTS 98
TABLE 39 NORTH AMERICA: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL, 2017–2027 (?000 PARKING SPACES) 99
TABLE 40 NORTH AMERICA: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL, 2017–2027 (USD MILLION) 100
TABLE 41 US: KEY AUTOMATED PARIKING PROJECTS 100
TABLE 42 MEXICO: KEY AUTOMATED PARIKING PROJECTS 101
TABLE 43 CANADA: KEY AUTOMATED PARIKING PROJECTS 101
TABLE 44 ROW: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2017–2027 (?000 PARKING SPACES) 102
TABLE 45 ROW: AUTOMATED PARKING SYSTEM MARKET, BY AUTOMATION LEVEL 2017–2027 (USD MILLION) 103
TABLE 46 COMPANY PROJECTS: SKYLINE PARKING 110
TABLE 47 COMPANY PROJECTS: WESTFALIA PARKING 112
TABLE 48 COMPANY PROJECTS: UNITRONICS CORPORATION 114
TABLE 49 COMPANY PROJECTS: KLAUS MULTIPARKING SYSTEMS 116
TABLE 50 COMPANY PROJECTS: ROBOTIC PARKING SYSTEMS, INC. 118
TABLE 51 COMPANY PROJECTS: FATA AUTOMATION 120
TABLE 52 COMPANY PROJECTS: CITYLIFT 121
TABLE 53 COMPANY PROJECTS: PARKPLUS 123
TABLE 54 COMPANY PROJECTS: WOHR 124
TABLE 55 COMPANY PROJECTS: PARKMATIC 126
TABLE 56 COMPANY PROJECTS: EITO&GLOBAL 127
TABLE 57 COMPANY PROJECTS: AUTOMOTION PARKING SYSTEMS 129