The automated parking system market is estimated to be USD +1 billion in 2019 and is projected to grow at a CAGR of +13% from 2019 to 2025, to reach a market size of USD +3 billion by 2027.

The key drivers for the market are the increasing number of vehicles, scarcity of land for parking, rising urbanization, growing demand for green & sustainable parking solutions, increasing demand for luxury buildings, and smart cities initiatives from the government.

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The Research Insights added a compelling study and analysis of the global Automated Parking Systems Market to the large gamut of its existing studies. This intelligence report includes investigations based on current scenarios, historical records, and future predictions. An accurate data of various aspects such as type, size, application, and end user has been closely dissected in this study. It presents a holistic overview of the competitive landscape of the industries. Thus, aiming to help companies identify threats and challenges that businesses may be susceptible.

Top Key Player Profiled in this Report:-

 Westfalia, Citylift, FATA Automation, Robotic Parking Systems, Boomerang Systems, Parkmatic, Klaus Multiparking, TAPS and APS

On the basis of the competitive scenario, the report geographically has been divided into regions such as North America, Europe, Asia Pacific, Middle East, and Latin America. North America has presently demonstrated to be the fastest growing regional Automated Parking Systems Market. In the later section of the report, the comprehensive study of the manufacturing cost structure and its evaluation has been conducted.

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The major highlights of the global Automated Parking Systems Market research report:

It offers a collection of prime information of the global market

Business profiles of leading key players, traders, and investor

Economic analysis of the global Automated Parking Systems Market

Government regulations and political stability around the market.

Detailed analysis of client preferences and industry awareness

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