Growth Opportunities in Robotic Parking System Market to 2030 with Key Players

The Global Robotic Parking System Market was valued at US$ 60.45 Mn in 2020 and is expected to reach US$135.87 Mn by 2030.Robotic Parking System is an automated parking solution, it is also called as mechanized parking, which enables parking of several thousand vehicles in half the area of a conventional parking style. This creates more space for development and community enhancement and offers better care and safety for vehicles. Robotic solution is preferably designed for public, private and commercial parking, which can be built over ground, underground or mixed depending upon the space requirement.

Key Players Operating in Global 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, LLC, Hangzhou Hikrobot technology co., ltd., Stanley Robotics SAS, Westfalia Parking Solutions, Unitronics PLC, Shaanxi Long Xiang Parking Equipment Group, CityLift Parking

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Robotic Parking System Market, By Product Type

Standalone AGVs holds the largest market share in terms of revenue and it is also anticipated to be the fastest growing segment in the future. It is an industrial application, which has brought revolution in parking solution and shifted automation towards intelligentization. This software is installed with a Wi-Fi module, comb – exchange technology, laser navigation, which enables to lift and park car in just 120 seconds. Standalone AGVs are specially used in warehouse, offices to avoid collision or accident, reduce parking location and travel path time and many others. This has led to a rapid and fast growth in robotic parking system market.

Robotic Parking System Market, By Region

On the basis of geography, Europe accounted for major share in 2017 for robotic parking system. Economic development and technological advancement in this region, is leading to luxurious life style, high spending on safety and comfort and many others. Owing to the growth and development in this region the number of automobile users have increased. Hence, companies and government is focusing to make robotic parking system in commercial areas with an aim to reduce parking chaos

Competitive Landscape

This robotic parking system market report provides both, qualitative and quantitative research of the market, as well as integrates worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The companies are adopting various strategies such as mergers and acquisition, collaborations, affiliations, and contract. For each company, the report recognizes their corporate headquarter, competitors, product/service type, application and specification, pricing and gross margin.

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Contact Us: Company: Absolute Markets Insights Email id: sales@absolutemarketsinsights.com Phone: +91-740-024-2424 Contact Name: Shreyas Tanna Website: https://www.absolutemarketsinsights.com/