The North America Automated Parking System Market would witness market growth of 17.2% CAGR during the forecast period (2023-2030).
The market is characterized by dynamic trends that shape the trajectory of its evolution. These trends respond to immediate challenges and anticipate future needs, positioning APS as a crucial component of the urban mobility ecosystem. Infusing artificial intelligence (AI) and machine learning (ML) into automated parking systems is a defining trend. AI algorithms enhance the efficiency of parking operations by predicting user behavior, optimizing traffic flow within the facility, and adapting to evolving patterns.
Furthermore, the Internet of Things (IoT) plays a pivotal role in elevating the connectivity and functionality of automated parking systems. IoT-enabled sensors and devices communicate seamlessly, providing real-time data on parking space availability, user preferences, and system health. This connectivity enhances user convenience and facilitates remote monitoring and management of APS facilities. User experience takes center stage in the evolution of automated parking systems.
Moreover, Canadian cities, particularly those in densely populated regions like the Greater Toronto Area (GTA) or Vancouver, face challenges related to limited urban space. Automated parking systems can be particularly attractive in these areas where traditional parking infrastructure may be impractical. As per the data from Statistics Canada, in 2021, nearly three in four Canadians (73.7%) lived in one of Canada's large urban centers, up from 73.2% five years earlier. These large urban centers with 100,000 or more people, referred to as census metropolitan areas (CMAs), accounted for most of Canada's population growth (+5.2%) from 2016 to 2021. Thus, growing urban centers and urban population density in North America will boost the demand for automated parking systems in the region.
The US market dominated the North America Automated Parking System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,399 million by 2030. The Canada market is showcasing a CAGR of 19.8% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 18.8% during (2023 - 2030).
Based on Component, the market is segmented into Hardware and Software. Based on Platform Type, the market is segmented into Palleted and Non-Palleted. Based on Automation Level, the market is segmented into Fully Automated and Semi-Automated. Based on End Use, the market is segmented into Commercial, Residential and Mixed-Use. Based on Structure Type, the market is segmented into Tower System, Puzzle System, Silo System, AGV System, Shuttle System, and Rail Guided Cart (RGC) System. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Automated Parking System Market is Predict to reach $6.4 Billion by 2030, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Skyline Parking, Westfalia Technologies, Inc., Unitronics (1989) (R”G) Ltd, KLAUS Multiparking GmbH, Robotic Parking Systems Inc., Park Plus, Inc., WOHR Autoparksysteme GmbH, Parkmatic, and EITO&GLOBAL INC.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Platform Type
By Automation Level
- Fully Automated
- Semi-Automated
By End Use
- Commercial
- Residential
- Mixed-Use
By Structure Type
- Tower System
- Puzzle System
- Silo System
- AGV System
- Shuttle System
- Rail Guided Cart (RGC) System
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Skyline Parking
- Westfalia Technologies, Inc.
- Unitronics (1989) (R”G) Ltd
- KLAUS Multiparking GmbH
- Robotic Parking Systems Inc.
- Park Plus, Inc.
- WOHR Autoparksysteme GmbH
- Parkmatic
- EITO&GLOBAL INC.
TABLE 1 North America Automated Parking System Market, 2019 - 2022, USD Million
TABLE 2 North America Automated Parking System Market, 2023 - 2030, USD Million
TABLE 3 North America Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 4 North America Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 5 North America Hardware Market by Region, 2019 - 2022, USD Million
TABLE 6 North America Hardware Market by Region, 2023 - 2030, USD Million
TABLE 7 North America Software Market by Region, 2019 - 2022, USD Million
TABLE 8 North America Software Market by Region, 2023 - 2030, USD Million
TABLE 9 North America Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 10 North America Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 11 North America Palleted Market by Region, 2019 - 2022, USD Million
TABLE 12 North America Palleted Market by Region, 2023 - 2030, USD Million
TABLE 13 North America Non-Palleted Market by Region, 2019 - 2022, USD Million
TABLE 14 North America Non-Palleted Market by Region, 2023 - 2030, USD Million
TABLE 15 North America Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 16 North America Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 17 North America Fully Automated Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Fully Automated Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Semi-Automated Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Semi-Automated Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 22 North America Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 23 North America Commercial Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Commercial Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Residential Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Residential Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Mixed-Use Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Mixed-Use Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 30 North America Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 31 North America Tower System Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Tower System Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Puzzle System Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Puzzle System Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Silo System Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Silo System Market by Country, 2023 - 2030, USD Million
TABLE 37 North America AGV System Market by Country, 2019 - 2022, USD Million
TABLE 38 North America AGV System Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Shuttle System Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Shuttle System Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Rail Guided Cart (RGC) System Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Rail Guided Cart (RGC) System Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Automated Parking System Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Automated Parking System Market by Country, 2023 - 2030, USD Million
TABLE 45 US Automated Parking System Market, 2019 - 2022, USD Million
TABLE 46 US Automated Parking System Market, 2023 - 2030, USD Million
TABLE 47 US Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 48 US Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 49 US Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 50 US Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 51 US Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 52 US Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 53 US Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 54 US Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 55 US Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 56 US Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 57 Canada Automated Parking System Market, 2019 - 2022, USD Million
TABLE 58 Canada Automated Parking System Market, 2023 - 2030, USD Million
TABLE 59 Canada Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 60 Canada Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 61 Canada Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 62 Canada Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 63 Canada Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 64 Canada Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 65 Canada Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 66 Canada Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 67 Canada Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 68 Canada Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 69 Mexico Automated Parking System Market, 2019 - 2022, USD Million
TABLE 70 Mexico Automated Parking System Market, 2023 - 2030, USD Million
TABLE 71 Mexico Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 72 Mexico Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 73 Mexico Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 74 Mexico Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 75 Mexico Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 76 Mexico Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 77 Mexico Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 78 Mexico Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 79 Mexico Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 80 Mexico Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 81 Rest of North America Automated Parking System Market, 2019 - 2022, USD Million
TABLE 82 Rest of North America Automated Parking System Market, 2023 - 2030, USD Million
TABLE 83 Rest of North America Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 84 Rest of North America Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 85 Rest of North America Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 86 Rest of North America Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 87 Rest of North America Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 88 Rest of North America Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 89 Rest of North America Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 90 Rest of North America Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 91 Rest of North America Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 92 Rest of North America Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 93 Key Information – Skyline Parking
TABLE 94 Key Information – Westfalia Technologies, Inc.
TABLE 95 Key Information – Unitronics (1989) (R”G) Ltd
TABLE 96 Key Information – KLAUS Multiparking GmbH
TABLE 97 Key Information – Robotic Parking Systems Inc.
TABLE 98 Key Information – Park Plus, Inc.
TABLE 99 Key Information – WOHR Autoparksysteme GmbH
TABLE 100 Key Information – Parkmatic
TABLE 101 Key Information – EITO&GLOBAL INC.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Automated Parking System Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Automated Parking System Market
FIG 4 Porter’s Five Forces Analysis – Automated Parking System Market
FIG 5 North America Automated Parking System Market share by Component, 2022
FIG 6 North America Automated Parking System Market share by Component, 2030
FIG 7 North America Automated Parking System Market by Component, 2019 - 2030, USD Million
FIG 8 North America Automated Parking System Market share by Platform Type, 2022
FIG 9 North America Automated Parking System Market share by Platform Type, 2030
FIG 10 North America Automated Parking System Market by Platform Type, 2019 - 2030, USD Million
FIG 11 North America Automated Parking System Market share by Automation Level, 2022
FIG 12 North America Automated Parking System Market share by Automation Level, 2030
FIG 13 North America Automated Parking System Market by Automation Level, 2019 - 2030, USD Million
FIG 14 North America Automated Parking System Market share by End Use, 2022
FIG 15 North America Automated Parking System Market share by End Use, 2030
FIG 16 North America Automated Parking System Market by End Use, 2019 - 2030, USD Million
FIG 17 North America Automated Parking System Market share by Structure Type, 2022
FIG 18 North America Automated Parking System Market share by Structure Type, 2030
FIG 19 North America Automated Parking System Market by Structure Type, 2019 - 2030, USD Million
FIG 20 North America Automated Parking System Market share by Country, 2022
FIG 21 North America Automated Parking System Market share by Country, 2030
FIG 22 North America Automated Parking System Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: Westfalia Technologies, Inc.
FIG 24 SWOT Analysis: Unitronics (1989) (R”G) Ltd
FIG 25 SWOT Analysis: KLAUS Multiparking GmbH
FIG 26 SWOT Analysis: Robotic Parking Systems Inc.
FIG 27 SWOT Analysis: Park Plus, Inc.