Top Automated Parking System Companies

Global Automated Parking System Market size was valued at USD 1.98 Billion in 2023 poised to grow from USD 2.37 Billion in 2024 to USD 10.12 Billion by 2032, growing at a CAGR of 19.9% in the forecast period (2025-2032).

The global automated parking system market is highly competitive, with companies focusing on innovation, strategic partnerships, and smart technology integration. Market leaders are SKIDATA, Westfalia Parking, Robotic Parking Systems, Klaus Multiparking, Parkmatic, and Wohr Parking Systems. SKIDATA prioritizes cloud-based parking solutions to enable smooth payment and access control. Westfalia Parking concentrates on high-density automated storage and retrieval systems for maximizing space. Robotic Parking Systems excels in AI-driven robotic valet technology for efficient urban parking. Firms are investing in EV-compatible infrastructure, IoT, and AI to improve the user experience and increase their market reach in smart cities across the globe. 'SKIDATA (Austria)', 'Westfalia Parking (USA)', 'Robotic Parking Systems (USA)', 'Klaus Multiparking (Germany)', 'Parkmatic (USA)', 'Wohr Parking Systems (Germany)', 'AJ Automated Parking Systems (USA)', 'CityLift Parking (USA)', 'Unitronics (Israel)', 'Park Plus Inc. (USA)', 'TAPS (Thailand)', 'Dayang Parking (China)', 'HIKVISION (China)', 'Smart Parking Limited (Australia)', 'Fata Automation (Italy) '

Increased vehicle ownership worldwide, particularly in cities, is pushing the demand for automated parking systems. With cities facing parking scarcity and rising congestion, automated solutions offer optimal space use, cutting down waiting time and traffic congestion. This drives investment in intelligent and high-density parking technologies.

AI-Powered Smart Parking for Seamless Urban Mobility: Artificial Intelligence (AI) is revolutionizing automated parking systems by allowing real-time space identification, predictive analysis, and hassle-free vehicle retrieval. AI-based sensors and IoT connectivity enable parking space optimization, minimizing congestion and maximizing user convenience. The systems enhance security, rationalize traffic control, and improve operational efficiency. With increasing smart city projects, AI-based automated parking solutions are becoming the necessity for urban transportation, ensuring optimized space management and an improved driving experience.

How does Rapid Urbanization Influence Automated Parking Adoption in North America?