Global Robotic Parking Systems Market Growth Overview to 2021 Automotive

Global Parking Robots Market 2017-2021
With scarcity in parking spaces and appreciating land prices across the globe, vendors in the global
automated parking systems market are introducing new products that are cost-efficient and can
optimize parking spaces. While the market is dominated by automated and semi-automated parking
systems, which use mechanical systems to move cars into parking spaces, in the past five years there has
been an upsurge in the adoption rate of robotic parking systems.
The analysts forecast global Parking Robots Market to grow at a CAGR of 18.46% during the period
2017-2021.
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This report covers the present scenario and the growth prospects of the global Parking Robots Market
for 2017-2021. To calculate the market size, the report considers the revenue generated from new sales
and services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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The report, Global Parking Robots Market 2017-2021, has been prepared based on an in-depth market
analysis with inputs from industry experts. This report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors operating in
this market.
Key vendors
The key players in the Parking Robots Market are Boomerang Systems, MHE-Demag, PARKPLUS, Serva
Transport Systems, Shenzhen Yeefung Automation Technology.
Other Prominent Vendors
Other Prominent Vendors in the market are A.P.T. Parking Technologies, Applied & Integrated
Manufacturing, FATA Automation, HANGZHOU HIKROBOT TECHNOLOGY, Lödige Industries, Shaanxi
Long Xiang Parking Equipment Group, Smart City Robotics, Stanley Robotics, Westfalia Parking Solutions,
Worldwide Robotic Automated Parking, Unitronics.
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market-2017-2021.html
Market driver
Scarcity and drawbacks of conventional parking spaces.
Market challenge
High initial cost of AGVs and peripherals.