The current model of vehicle parking is no longer able to handle the increasing demand for parking the vehicles efficiently. The demand for updated parking solution can be addressed with automated valet parking (AVP) technology or driverless parking, without increasing the space allocated for the parking lot.
This report contains market size and forecasts of Automated Valet Parking System in global, including the following market information:
Global Automated Valet Parking System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automated Valet Parking System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automated Valet Parking System companies in 2021 (%)
The global Automated Valet Parking System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Millimeter Wave Radar Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automated Valet Parking System include Valeo, Bosch, Continental, UOSEE, HoloMatic (Beijing), Horizon Robotics and ZongmuTech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automated Valet Parking System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automated Valet Parking System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automated Valet Parking System Market Segment Percentages, by Type, 2021 (%)
Millimeter Wave Radar
Surround View
Global Automated Valet Parking System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automated Valet Parking System Market Segment Percentages, by Application, 2021 (%)
Flat Floor (Helical)
Flat Floor (One-Way Ramp)
Others
Global Automated Valet Parking System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automated Valet Parking System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automated Valet Parking System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automated Valet Parking System revenues share in global market, 2021 (%)
Key companies Automated Valet Parking System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automated Valet Parking System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Valeo
Bosch
Continental
UOSEE
HoloMatic (Beijing)
Horizon Robotics
ZongmuTech