Wed. Jul 24th, 2019

Robotic Parking System Market to Witness Huge Growth by Top Leading Players like Park plus, Serva Transport Systems, MHE Demag, Fata Automation, and Smart City Robotics

Global robotic parking system market expected to grow at a +13% CAGR in the Forecast Period of 2019-2026.

A robotic parking system is a technique for mechanically parking and retrieving vehicles in order to accommodate the increase in demand for safe and convenient parking, as the number of vehicles increasing day by day. In an automated parking system, the driver parks the vehicle at the entry gate of the parking area, and from there, the vehicle is automatically moved through the parking lot and parked in an available parking space.

The robotic parking system market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.

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Top Key Players of the Robotic Parking System Market:

Parkplus Inc, Serva Transport Systems, MHE Demag (S) Pte Ltd., Fata Automation, A.P.T. Parking Technologies, Lodige Industries, Smart City Robotics, Worldwide Robotic Automated Parking, Hangzhou Hikrobot technology co., ltd., Stanley Robotics SAS, Westfalia Parking Solutions, Unitronics PLC, Shaanxi Long Xiang Parking Equipment Group, and CityLift Parking.

The demand for the robotic parking system emanates from the ever-rising need for more parking space for vehicles given the staggering rise in new registrations all over the world. The demand for technologies and systems for optimizing parking space is a key factor propelling the growth of the global market.

The classification and the applications come next in the report. In the following sections of the report, the sales of the product have been studied in different areas, such as Europe, North America, Southeast Asia, China, Japan, and India. Similarly, the most lucrative areas of the market were presented along with their growth prospects at the end of 2026.

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Reasons for purchasing this research report:

  • It offers a comprehensive analysis of macroeconomic factors of the global market
  • Detailed perceptions into ongoing technological advancements along with their effect on the global market
  • Analysis of the global economic landscape across the global regions
  • It offers an understanding of global market divisions and subdivisions
  • It provides wide-ranging research on global sales tactics and practices
  • It offers a thorough analysis of key players working across the global regions

The report also provides information on the various factors that affect the sales of the robotic parking system market. These include trends, drivers and restrictions. The key growth opportunities in the market have also been studied and the ways in which these opportunities will increase market growth have also been summarized.

In this study, the years considered to estimate the size of the robotic parking system market are as follows:

  • History Year: 2013-2019
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2025

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