Japan Automated Parking System Market Size, Share & Industry Trends Analysis Report By Component,By Platform Type (Palleted and Non-Palleted), By Automation Level, By End Use, By Structure Type, Outlook and Forecast, 2023 - 2030

The Japan Automated Parking System Market size is expected to reach $366.3 million by 2030, rising at a market growth of 17.2% CAGR during the forecast period.

The increased use of automated parking systems in Japan can be attributed to environmental considerations and government support, which have contributed to the growing adoption of these innovative parking solutions. Japan, known for its strong emphasis on environmental sustainability and technological innovation, has been at the forefront of promoting smart and eco-friendly urban development, where automated parking systems play a significant role.

Environmental considerations have played a crucial role in driving the adoption of automated parking systems in Japan. As a densely populated country with limited space, Japan faces significant challenges related to urbanization, including the need to optimize land use and reduce environmental impact. Additionally, the energy efficiency of automated parking systems, achieved through features such as efficient lighting and ventilation systems, aligns with Japan's commitment to sustainability.

Government support has also been instrumental in driving the adoption of automated parking systems in Japan. The Japanese government has implemented policies and initiatives aimed at promoting the use of smart city technologies, including automated parking systems, as part of broader efforts to create more efficient and sustainable urban environments. This support has included funding for research and development in automated parking technologies, as well as incentives for property developers and building owners to incorporate these systems into their projects. Government initiatives have also focused on streamlining regulations and standards related to automated parking systems to facilitate their widespread adoption.

Moreover, Japan's strong technological capabilities and innovation ecosystem have enabled the development of advanced automated parking solutions that meet the country's specific needs and requirements. Japanese companies have been at the forefront of developing cutting-edge technologies for automated parking systems, which has contributed to the reliability, efficiency, and safety of these systems.

Market Trends

Increasing demand owing to land constraints

Japan's increasing demand for automated parking systems is closely linked to the country's significant land constraints, especially in densely populated urban areas. In Japan, the land is full of undulation, with mountainous regions, including hilly terrain, accounting for about three-quarters of its total area. Japan's cities, such as Tokyo, Osaka, and Yokohama, face immense pressure to optimize land use due to limited available space for parking facilities. Traditional parking structures, including surface lots and multi-story garages, are often inefficient in their use of space, leading to a mismatch between parking supply and demand.

In Japan's urban environments, where every square meter of land is valuable, the space-saving benefits of automated parking systems are particularly attractive. By freeing up land that would have been used for parking, these systems contribute to more efficient and sustainable urban development. This is especially important in cities like Tokyo, where space is at a premium, and there is a constant need to balance competing demands for residential, commercial, and public spaces. Therefore, the demand for automated parking systems is expected to continue growing as Japanese cities seek sustainable and efficient solutions to their parking challenges, making Japan a key market for automated parking system providers.

Rising proportion of vehicle ownership

In Japan, there has been a notable trend of a rising proportion of vehicle ownership over the years, driven by various factors that have contributed to the increased demand for automobiles among the Japanese population. One of the key factors contributing to this trend is the country's improving economic prosperity, which has led to higher disposable incomes among its citizens. As a result, more individuals and families have been able to afford the purchase and maintenance of private vehicles, leading to a steady increase in vehicle ownership rates.

Another factor contributing to Japan's rising proportion of vehicle ownership is the country's aging population. With a growing number of elderly citizens, there has been an increasing reliance on personal vehicles for transportation, especially in rural areas where public transportation options may be limited. This demographic shift has contributed to the overall increase in vehicles on the road.

Additionally, changes in lifestyle and commuting patterns have also played a role in the rising vehicle ownership rates in Japan. As urbanization has led to more dispersed living and working arrangements, owning a car has become increasingly important for many individuals and families to commute to work, school, or other activities. This shift in mobility preferences has fueled the demand for vehicles, particularly in suburban and rural areas where public transportation may be less accessible or convenient. Thus, as the country continues to evolve, vehicle ownership is likely to remain an integral part of the transportation landscape in Japan.

Competition Analysis

In Japan, the automated parking system market is characterized by several companies offering innovative solutions to address the country's urban parking challenges. NS Solutions Corporation, Mitsubishi Heavy Industries, Ltd., Sotex Corporation, MEIHO Co., Ltd., Park24 Co., Ltd., Nissei Build Kogyo Co., Ltd., Sumitomo Corporation, IHI Corporation, Panasonic Corporation, A.P. Company, Nissei Parking System Co., Ltd., UBE Industries, Ltd., Nippon Koei Co., Ltd., Daiwa House Industry Co., Ltd., etc., are some of the market participants present in Japan.

A prominent player in this market is Park24 Co., Ltd., a leading provider of parking services that has been actively involved in developing and deploying automated parking systems. Park24 offers a range of parking solutions, including automated parking garages and robotic valet parking systems, leveraging advanced technologies to optimize space utilization and improve parking efficiency.

Another key player in Japan's automated parking system market is Nissei Build Kogyo Co., Ltd., known for its expertise in designing and manufacturing automated parking systems tailored to the specific needs of urban environments. The company's solutions include multi-level parking systems and robotic parking solutions designed to address Japan's limited parking space while offering convenience and efficiency to users.

Sumitomo Corporation, a diversified conglomerate with interests in urban development and infrastructure, has also been actively involved in Japan's automated parking system market. The company has contributed to the development of automated parking solutions as part of its efforts to support smart city initiatives in Japan, focusing on technologies that enhance urban mobility and sustainability.

Additionally, Nippon Koei Co., Ltd., an engineering and consulting firm specializing in urban development and infrastructure projects, has played a role in the planning and implementation of automated parking systems in Japan. The company's expertise in urban planning and engineering has contributed to the successful integration of automated parking solutions into various urban development projects across the country. These companies, along with others in the industry, collectively contribute to the development and growth of Japan's automated parking system market, offering innovative solutions to meet the evolving needs of urban mobility and urban development in the country.

List of Key Companies Profiled

• Westfalia Technologies, Inc.
• Unitronics (1989) (R”G) Ltd
• KLAUS Multiparking GmbH
• Robotic Parking Systems Inc.
• Park Plus, Inc.
• WOHR Autoparksysteme GmbH
• Parkmatic

Japan Automated Parking System Market Report Segmentation

By Component

• Hardware
• Software

By Platform Type

• Palleted
• Non-Palleted

By Automation Level

• Fully Automated
• Semi-Automated

By End Use

• Commercial
• Residential
• Mixed-Use

By Structure Type

• Tower System
• Puzzle System
• Silo System
• AGV System
• Shuttle System
• Rail Guided Cart (RGC) System

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Japan Automated Parking System Market, by Component
1.4.2 Japan Automated Parking System Market, by Platform Type
1.4.3 Japan Automated Parking System Market, by Automation Level
1.4.4 Japan Automated Parking System Market, by End Use
1.4.5 Japan Automated Parking System Market, by Structure Type
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.3 Porter Five Forces Analysis

Chapter 3. Japan Automated Parking System Market
3.1 Japan Automated Parking System Market by Component
3.2 Japan Automated Parking System Market by Platform Type
3.3 Japan Automated Parking System Market by Automation Level
3.4 Japan Automated Parking System Market by End Use
3.5 Japan Automated Parking System Market by Structure Type

Chapter 4. Company Profiles – Global Leaders
4.1 Westfalia Technologies, Inc.
4.1.1 Company Overview
4.1.1 SWOT Analysis
4.2 Unitronics (1989) (R”G) Ltd
4.2.1 Company Overview
4.2.2 Financial Analysis
4.2.3 Regional Analysis
4.2.4 SWOT Analysis
4.3 KLAUS Multiparking GmbH
4.3.1 Company Overview
4.3.2 SWOT Analysis
4.4 Robotic Parking Systems Inc.
4.4.1 Company Overview
4.4.2 SWOT Analysis
4.5 WOHR Autoparksysteme GmbH
4.5.1 Company Overview
4.6 EITO&GLOBAL INC.
4.6.1 Company Overview

TABLE 1 Japan Automated Parking System Market, 2019 - 2022, USD Million
TABLE 2 Japan Automated Parking System Market, 2023 - 2030, USD Million
TABLE 3 Japan Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 4 Japan Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 5 Japan Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 6 Japan Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 7 Japan Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 8 Japan Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 9 Japan Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 10 Japan Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 11 Japan Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 12 Japan Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 13 Key Information – Westfalia Technologies, Inc.
TABLE 14 Key Information – Unitronics (1989) (R”G) Ltd
TABLE 15 Key Information – KLAUS Multiparking GmbH
TABLE 16 Key Information – Robotic Parking Systems Inc.
TABLE 17 Key Information – WOHR Autoparksysteme GmbH
TABLE 18 Key Information – EITO&GLOBAL INC.

List of Figures
FIG 1 Methodology for the research
FIG 2 Japan Automated Parking System Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Automated Parking System Market
FIG 4 Porter’s Five Forces Analysis – Automated Parking System Market
FIG 5 Japan Automated Parking System Market Share by Component, 2022
FIG 6 Japan Automated Parking System Market Share by Component, 2030
FIG 7 Japan Automated Parking System Market by Component, 2019 - 2030, USD Million
FIG 8 Japan Automated Parking System Market Share by Platform Type, 2022
FIG 9 Japan Automated Parking System Market Share by Platform Type, 2030
FIG 10 Japan Automated Parking System Market by Platform Type, 2019 - 2030, USD Million
FIG 11 Japan Automated Parking System Market Share by Automation Level, 2022
FIG 12 Japan Automated Parking System Market Share by Automation Level, 2030
FIG 13 Japan Automated Parking System Market by Automation Level, 2019 - 2030, USD Million
FIG 14 Japan Automated Parking System Market Share by End Use, 2022
FIG 15 Japan Automated Parking System Market Share by End Use, 2030
FIG 16 Japan Automated Parking System Market by End Use, 2019 - 2030, USD Million
FIG 17 Automated Parking System Market Share by Structure Type, 2022
FIG 18 Automated Parking System Market Share by Structure Type, 2030
FIG 19 Japan Automated Parking System Market by Structure Type, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Westfalia Technologies, Inc.
FIG 21 SWOT Analysis: Unitronics (1989) (R”G) Ltd
FIG 22 SWOT Analysis: KLAUS Multiparking GmbH
FIG 23 SWOT Analysis: Robotic Parking Systems Inc.