PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1463181
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1463181
North America Automated Parking System Market Introduction and Overview
According to SPER market research, 'North America Automated Parking System Market Size- By Component, By Platform Type, By Automation Level, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2033'state that the North America Automated Parking System Market is predicted to reach with a CAGR of 16.1%.
An automotive automated parking system is a type of technology that enables a car to park itself in a specified parking space without the need for human interaction. The system use sensors, cameras, and software algorithms to scan the surroundings, recognise obstructions, and manoeuvre the Rapid urbanisation in North America raises the demand for effective parking solutions in densely populated areas, resulting in the development of automated parking systems.
The United States suffered the most severe COVID-19 consequences in 2020, with lockdowns and travel restrictions leading to production site closures and labour shortages, wreaking havoc on North American automakers. The automated parking sector was heavily disrupted, disrupting supply chains, manufacturing, and sales. Amid the pandemic's economic impact, automakers are reevaluating financial priorities, diverting resources away from car production and technological advancements.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Component, By Platform Type, By Automation Level, By End Use
Regions covered Canada, Mexico, US, Rest of North America
Companies Covered EITO&GLOBAL INC, KLAUS Multiparking GmbH, Park Plus Inc, Parkmatic, Robotic Parking Systems Inc, Skyline Parking, Unitronics (1989) (R"G) Ltd, Westfalia Technologies Inc, WOHR Autoparksysteme GmbH, Others
North America Automated Parking System Market Segmentation
By Component: Based on the Component, North America Automated Parking System Market is segmented as; Hardware, Software.
By Platform Type: Based on the Platform Type, North America Automated Parking System Market is segmented as; Palleted, Non-Palleted.
By Automation Level: Based on the Automation Level, North America Automated Parking System Market is segmented as; Fully Automated, Semi-Automated.
By End Use: Based on the End Use, North America Automated Parking System Market is segmented as; Commercial, Residential, Mixed-Use.