The Wonders of Automatic Parking Systems
The ‘Automated Car Parking System - Global Forecast to 2027’ report projects that the automated parking system market will grow at a CAGR of 13.1% till 2027 and will reach a market size of USD 3.6 billion by then. The rising number of automobiles, scarcity of parking spots, rising urbanisation, growing need for green & sustainable parking solutions, rising demand for luxury construction projects, and the government's "smart cities" program are the primary drivers of market growth. Europe is considered to be the largest automated car park system market with the high adoption of automated parking systems in the UK, Germany, Denmark, Norway, Switzerland, Spain, and the Netherlands. Automated parking systems are predicted to become more widely utilised, increasing parking alternatives, saving space, and lowering vehicle emissions. Europe has a background in state-of-the-art technology and is home to a number of leading players in the automated parking solutions industry. This has encouraged the further adoption of automated parking solutions by the public and private sectors for the effective management of parking problems. Smart Automatic Parking Systems When it comes to the smart car parking system industry, the fully automatic parking multi storey car park system is growing in popularity. Why though? This is because of the number of luxury projects is surging, and there is increasing demand from consumers for more capacity, comfort and convenience. This has been the driving force for the installation and adoption of these automatic parking solutions by construction companies in their projects. Completely automated multilevel car parking systems make parking significantly simple and safe. The vehicles are parked and retrieved automatically. These systems come with smart digital systems and use sensors to locate a free parking space and park your vehicle