Automated Parking Systems Market Surge at 4.9% CAGR to 2026 | ShinMaywa, IHI Parking System, MHI Parking, XIZI Parking System

Automated Parking Systems Market Surge at 4.9% CAGR to 2026 | ShinMaywa, IHI Parking System, MHI Parking, XIZI Parking System
iCrowd Newswire
Global Automated Parking Systems Market Growth 2021-2026
An automated (car) parking system (APS) is a mechanical system designed to minimize the area and/or volume required for parking cars. Like a multi-story parking garage, an APS provides parking for cars on multiple levels stacked vertically to maximize the number of parking spaces while minimizing land usage. The APS, however, utilizes a mechanical system to transport cars to and from parking spaces (rather than the driver) in order to eliminate much of the space wasted in a multi-story parking garage. While a multi-story parking garage is similar to multiple parking lots stacked vertically, an APS is more similar to an automated storage and retrieval system for cars.

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