Global Automated Parking System Market research report 2022 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
This study provides information about the sales and revenue during the historic and forecasted period of (2022 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Automated Parking System Market report.
Westfalia Technologies, Inc., a leading automated parking and storage solutions provider. (Westfalia) introduced the release of the Westfalia Parking App, an all-in-one parking solution for consumers that improves automatic parking facilities' efficiency, security, and convenience.
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Table Of Contents
The market is expanding due to high-rise structures, luxury projects, and real-estate developers' inclination to adopt automated solutions. According to the World Construction Network, the real estate industry is also expected to grow at a considerable CAGR during the projection period. An increasing fleet of personal and commercial vehicles, combined with a shortage of parking spaces, has resulted in traffic congestion in various locations worldwide.
Westfalia Parking Inc. (Sandhurst Dr, York, U.S.), Robotic Parking System (Florida, U.S.), T2 System Inc. (Indianapolis, U.S.), KLAUS Multiparking GmbH (Aitrach, Germany), Wohr Parking Systems Pvt. GmbH (Friolzheim, Germany), U-Tron (New Jersey, U.S.), Cleverciti Systems GmbH (Munich, Germany), Skyline Parking (Winterthur, Switzerland), City Lift Parking, LLC (California, U.S.), Park Plus Inc. (California, U.S.).
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