The Latin America, Middle East and Africa Automated Parking System Market would witness market growth of 18.7% CAGR during the forecast period (2023-2030).
The trend towards mixed-use developments, combining residential, commercial, and recreational spaces, benefits significantly from automated parking systems. The flexibility of APS allows developers to allocate space judiciously, ensuring that the parking infrastructure complements the diverse functions within the mixed-use complex. Automated parking systems extend their reach to public infrastructure projects, including transportation hubs and transit-oriented developments. Integrating APS with transit hubs facilitates smoother intermodal transitions for commuters.
Furthermore, the demands of commercial and corporate environments, characterized by a continuous influx of visitors and employees, necessitate efficient parking solutions. APS not only optimizes space utilization but also enhances the overall user experience. The seamless integration of automated parking aligns with the modern, tech-driven image that many corporate entities aspire to project. The efficient use of space near transportation nodes becomes critical in reducing congestion and optimizing urban mobility.
Additionally, increasing vehicle numbers in South Africa often leads to traffic congestion, especially in major urban centers like Johannesburg, Cape Town, and Durban. Automated parking systems can contribute to alleviating congestion by reducing the time spent by drivers searching for parking spaces, which is a common contributor to traffic delays. As per the International Trade Administration, light commercial vehicle imports in South Africa constituted 18.1 percent of total light commercial vehicle sales of 133 078 units in 2021, while passenger car imports comprised 78.3 percent of total passenger car sales of 340 340 units in 2021. Hence, a rise in smart city initiatives and vehicle numbers in the LAMEA region will boost the demand for automated parking systems.
The Brazil market dominated the LAMEA Automated Parking System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $140.4 million by 2030. The Argentina market is registering a CAGR of 19.2% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 18.3% during (2023 - 2030).
Based on Component, the market is segmented into Hardware and Software. Based on Platform Type, the market is segmented into Palleted and Non-Palleted. Based on Automation Level, the market is segmented into Fully Automated and Semi-Automated. Based on End Use, the market is segmented into Commercial, Residential and Mixed-Use. Based on Structure Type, the market is segmented into Tower System, Puzzle System, Silo System, AGV System, Shuttle System, and Rail Guided Cart (RGC) System. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Automated Parking System Market is Projected to reach USD 6.4 Billion by 2030, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Skyline Parking, Westfalia Technologies, Inc., Unitronics (1989) (R”G) Ltd, KLAUS Multiparking GmbH, Robotic Parking Systems Inc., Park Plus, Inc., WOHR Autoparksysteme GmbH, Parkmatic, and EITO&GLOBAL INC.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Platform Type
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
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Skyline Parking
- Westfalia Technologies, Inc.
- Unitronics (1989) (R”G) Ltd
- KLAUS Multiparking GmbH
- Robotic Parking Systems Inc.
- Park Plus, Inc.
- WOHR Autoparksysteme GmbH
- Parkmatic
- EITO&GLOBAL INC.
TABLE 1 LAMEA Automated Parking System Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Automated Parking System Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 4 LAMEA Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 5 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 10 LAMEA Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 11 LAMEA Palleted Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Palleted Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Non-Palleted Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Non-Palleted Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 16 LAMEA Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 17 LAMEA Fully Automated Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Fully Automated Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Semi-Automated Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Semi-Automated Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 22 LAMEA Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 23 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Mixed-Use Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Mixed-Use Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 30 LAMEA Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 31 LAMEA Tower System Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Tower System Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Puzzle System Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Puzzle System Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Silo System Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Silo System Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA AGV System Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA AGV System Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Shuttle System Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Shuttle System Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Rail Guided Cart (RGC) System Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Rail Guided Cart (RGC) System Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Automated Parking System Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Automated Parking System Market by Country, 2023 - 2030, USD Million
TABLE 45 Brazil Automated Parking System Market, 2019 - 2022, USD Million
TABLE 46 Brazil Automated Parking System Market, 2023 - 2030, USD Million
TABLE 47 Brazil Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 48 Brazil Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 49 Brazil Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 50 Brazil Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 51 Brazil Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 52 Brazil Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 53 Brazil Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 54 Brazil Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 55 Brazil Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 56 Brazil Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 57 Argentina Automated Parking System Market, 2019 - 2022, USD Million
TABLE 58 Argentina Automated Parking System Market, 2023 - 2030, USD Million
TABLE 59 Argentina Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 60 Argentina Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 61 Argentina Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 62 Argentina Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 63 Argentina Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 64 Argentina Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 65 Argentina Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 66 Argentina Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 67 Argentina Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 68 Argentina Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 69 UAE Automated Parking System Market, 2019 - 2022, USD Million
TABLE 70 UAE Automated Parking System Market, 2023 - 2030, USD Million
TABLE 71 UAE Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 72 UAE Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 73 UAE Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 74 UAE Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 75 UAE Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 76 UAE Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 77 UAE Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 78 UAE Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 79 UAE Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 80 UAE Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 81 Saudi Arabia Automated Parking System Market, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Automated Parking System Market, 2023 - 2030, USD Million
TABLE 83 Saudi Arabia Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 84 Saudi Arabia Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 85 Saudi Arabia Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 86 Saudi Arabia Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 87 Saudi Arabia Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 88 Saudi Arabia Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 89 Saudi Arabia Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 92 Saudi Arabia Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 93 South Africa Automated Parking System Market, 2019 - 2022, USD Million
TABLE 94 South Africa Automated Parking System Market, 2023 - 2030, USD Million
TABLE 95 South Africa Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 96 South Africa Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 97 South Africa Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 98 South Africa Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 99 South Africa Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 100 South Africa Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 101 South Africa Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 102 South Africa Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 103 South Africa Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 104 South Africa Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 105 Nigeria Automated Parking System Market, 2019 - 2022, USD Million
TABLE 106 Nigeria Automated Parking System Market, 2023 - 2030, USD Million
TABLE 107 Nigeria Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 108 Nigeria Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 109 Nigeria Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 110 Nigeria Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 111 Nigeria Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 112 Nigeria Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 113 Nigeria Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 114 Nigeria Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 115 Nigeria Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 116 Nigeria Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 117 Rest of LAMEA Automated Parking System Market, 2019 - 2022, USD Million
TABLE 118 Rest of LAMEA Automated Parking System Market, 2023 - 2030, USD Million
TABLE 119 Rest of LAMEA Automated Parking System Market by Component, 2019 - 2022, USD Million
TABLE 120 Rest of LAMEA Automated Parking System Market by Component, 2023 - 2030, USD Million
TABLE 121 Rest of LAMEA Automated Parking System Market by Platform Type, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Automated Parking System Market by Platform Type, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Automated Parking System Market by Automation Level, 2019 - 2022, USD Million
TABLE 124 Rest of LAMEA Automated Parking System Market by Automation Level, 2023 - 2030, USD Million
TABLE 125 Rest of LAMEA Automated Parking System Market by End Use, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Automated Parking System Market by End Use, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Automated Parking System Market by Structure Type, 2019 - 2022, USD Million
TABLE 128 Rest of LAMEA Automated Parking System Market by Structure Type, 2023 - 2030, USD Million
TABLE 129 Key Information – Skyline Parking
TABLE 130 Key Information – Westfalia Technologies, Inc.
TABLE 131 Key Information – Unitronics (1989) (R”G) Ltd
TABLE 132 Key Information – KLAUS Multiparking GmbH
TABLE 133 Key Information – Robotic Parking Systems Inc.
TABLE 134 Key Information – Park Plus, Inc.
TABLE 135 Key Information – WOHR Autoparksysteme GmbH
TABLE 136 Key Information – Parkmatic
TABLE 137 Key Information – EITO&GLOBAL INC.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA 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 LAMEA Automated Parking System Market share by Component, 2022
FIG 6 LAMEA Automated Parking System Market share by Component, 2030
FIG 7 LAMEA Automated Parking System Market by Component, 2019 - 2030, USD Million
FIG 8 LAMEA Automated Parking System Market share by Platform Type, 2022
FIG 9 LAMEA Automated Parking System Market share by Platform Type, 2030
FIG 10 LAMEA Automated Parking System Market by Platform Type, 2019 - 2030, USD Million
FIG 11 LAMEA Automated Parking System Market share by Automation Level, 2022
FIG 12 LAMEA Automated Parking System Market share by Automation Level, 2030
FIG 13 LAMEA Automated Parking System Market by Automation Level, 2019 - 2030, USD Million
FIG 14 LAMEA Automated Parking System Market share by End Use, 2022
FIG 15 LAMEA Automated Parking System Market share by End Use, 2030
FIG 16 LAMEA Automated Parking System Market by End Use, 2019 - 2030, USD Million
FIG 17 LAMEA Automated Parking System Market share by Structure Type, 2022
FIG 18 LAMEA Automated Parking System Market share by Structure Type, 2030
FIG 19 LAMEA Automated Parking System Market by Structure Type, 2019 - 2030, USD Million
FIG 20 LAMEA Automated Parking System Market share by Country, 2022
FIG 21 LAMEA Automated Parking System Market share by Country, 2030
FIG 22 LAMEA Automated Parking System Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: Westfalia Technologies, Inc.
FIG 24 SWOT Analysis: Unitronics (1989) (R”G) Ltd
FIG 25 SWOT Analysis: KLAUS Multiparking GmbH
FIG 26 SWOT Analysis: Robotic Parking Systems Inc.
FIG 27 SWOT Analysis: Park Plus, Inc.