The Asia Pacific is the fastest growing market for automated parking systems due to the large population and the common occurrence of automobile parking on the highways. The region is home to 40% of the world's population as well as some of the world's fastest-growing economies, including China and India. Furthermore, a number of smart city projects are being implemented to improve citizen services. These projects will have an impact on issues such as transit, infrastructure, connectivity, and utilities, and will undoubtedly contribute to the growth of the automated parking market. As a result, governments in the region are concentrating on urban planning and developing smart city solutions to maximize the use of existing infrastructure.
The historic period considered was 2017-2020, the base year – 2021 and the forecasted period is 2022-2030 for study.
Yes, you can submit your customization request by clicking on “Enquire now” or “Speak to our Expert”.
Our analysts have been continuously tracking the market since 2015 and the recent study was published in 2022.
The mixed proportion is 70% Primary Interviews and 30% Secondary Research. The Information gathered through the secondary sources is verified by the primaries conducted through various industry experts. Along with this, the whole data is again re-validated through various primary correspondents in order to achieve an accurate outcome.
Our team of analysts is frequently analyzing the changes in the market. Hence, we update our study on a regular basis and provide the updated report on a quarterly basis.
