Global Automated Parking System Market Size & Outlook

The automated parking system industry worldwide is expected to reach a projected revenue of US$ 6,655.9 million by 2030. A compound annual growth rate of 17.7% is expected of the worldwide automated parking system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,125.8
Forecast, 2030 (US$M)
$6,655.9
CAGR, 2024 - 2030
17.7%
Report Coverage
Worldwide

Global automated parking system market highlights

  • The global automated parking system market generated a revenue of USD 2,125.8 million in 2023 and is expected to reach USD 6,655.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 17.7% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 1,750.0 million in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 2,125.8 million
Market revenue in 2030USD 6,655.9 million
Growth rate17.7% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software

Other key industry trends

  • In terms of revenue, the North America accounted for 23.3% of the global automated parking system market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 421.7 million by 2030.

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Automated Parking System Market Companies

Name Profile # Employees HQ Website

Global automated parking system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated parking system market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 82.32% in 2023. Horizon Databook has segmented the Global automated parking system market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Automated Parking System Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
  • Global Automated Parking System Structure Type Outlook (Revenue, USD Million, 2018-2030)
    • AVG System
    • Silo System
    • Tower System
    • Rail Guided Cart (RGC) System
    • Puzzle System
    • Rotary System
  • Global Automated Parking System Platform Type Outlook (Revenue, USD Million, 2018-2030)
    • Palleted
    • Non-palleted
  • Global Automated Parking System Automation Level Outlook (Revenue, USD Million, 2018-2030)
    • Fully Automated
    • Semi-automated
  • Global Automated Parking System End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial
    • Mixed Use

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Horizon Databook provides a detailed overview of global-level data and insights on the Global automated parking system market , including forecasts for subscribers. This global databook contains high-level insights into Global automated parking system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global automated parking system market size, by region, 2018-2030 (US$M)

Top 10 countries: Automated parking system market size, 2023 (US$M)

Global automated parking system market share, by component, 2023 & 2030 (%, US$M)

Automated parking system market: Opportunity assessment by country

Global automated parking system market, by region, 2023 (US$M)

Global automated parking system market size, by region, 2018-2030 (US$M)

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