Global Automated Parking System Market Size | Technology Analysis By 2030
The Global Automated Parking System Market Size was valued at USD 1.79 billion in 2021 and is expected to reach at a CAGR of 16.7% from 2022 to 2030. The main causes of the expansion include an increase in the number of vehicles, a shortage of parking spaces due to urbanisation, an increase in the demand for environmentally friendly and sustainable parking options, and government-led smart city programmes.