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Automated Parking Management System Market is Anticipated to Reach USD 10.47 billion by 2031, Garnering a 15.10% CAGR from 2021 to 2031

IoT integration and technological innovation are expected to drive demand for the automated parking management system market.Wilmington, Delaware, United States, Nov. 15, 2023 (GLOBE NEWSWIRE) Transparency Market Research Inc. - Automated parking management systems were worth US$ 2.23 billion in 2020. TMR estimates the automated parking management system market will total US$ 10.47 billion by 2031. Through 2031, the market is expected to expand at a CAGR of 15.10%. Technology is at the forefr ....

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Automated Parking Management Systems Market Comprehensive Analysis By 2026 – KSU


tmrFebruary 8, 2021
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The global automated parking management systems market is markedly fragmented as each regional market can have different players holding prominent positions, notes Transparency Market Research (TMR). For instance, Skyline Parking and CityLift are expected to emerge as leading players in Europe and Asia Pacific. In North America, the top players are Robotic Parking Systems, Inc. and CityLift who hold a combined share of upward of 32.0% in the regional market.
TMR finds that some of the other prominent players operating in the global automated parking management systems market are EITO&GLOBAL INC., Round Automated Parking System, Klaus Multiparking Systems Pvt. Ltd., Dayang Parking Co. Ltd, and Unitronics. ....

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