Robotic Parking System Market, By Type (AGVs with Peripherals, Standalone AGV Systems), By Automation System (Fully Automated, and Semi Automated), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Robotic Parking System Market is estimated to be valued at USD 367.4 Mn in 2025 and is expected to reach USD 930.68 Mn by 2032, growing at a compound annual growth rate (CAGR) of 14.2% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 367.4 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
14.20%
2032 Value Projection:
USD 930.68 Mn
Robotic parking systems use cutting-edge technologies, including sensors, artificial intelligence, and mechanical engineering, to park and retrieve vehicles without human intervention, increasing parking capacity and minimizing the physical footprint required. These systems use a series of automated platforms, lifts, and conveyor mechanisms that transport vehicles to designated parking spaces within multi-level structures. The technology includes different configurations such as puzzle parking systems, tower parking solutions, and automated garage systems, each of which accommodates different spatial constraints and capacity requirements.
Market Dynamics
The market is primarily driven because of the rapid urbanization and the consequent shortage of parking spaces in metropolitan areas, compelling city planners and real estate developers to seek innovative space-efficient solutions that can accommodate growing vehicle populations within limited urban footprints. The increasing adoption of smart city initiatives worldwide benefits the market growth, as governments spend on advanced infrastructure technologies to improve urban mobility and reduce traffic congestion, while environmental concerns and sustainability mandates drive demand for systems that minimize carbon emissions through reduced vehicle circulation time. Rising real estate costs in urban centers make robotic parking systems economically attractive by maximizing revenue per square foot of parking infrastructure, while technological advancements in automation, IoT integration, and artificial intelligence enhance system reliability and user experience. However, market growth faces restraints, including high initial capital investment requirements that deter smaller developers and parking operators, while complex installation processes requiring specialized expertise and significant structural modifications limit adoption rates. Nevertheless, robotic parking systems can be integrated with EV charging infrastructure to create comprehensive automated solutions, while expansion into emerging markets with rapidly developing urban centers creates a lot of growth potential for system manufacturers and integrators.
Key features of the study
This report provides an in-depth analysis of the global robotic parking system market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global robotic parking system market based on the following parameters: company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include leading manufacturers and solution providers in the automated parking industry
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global robotic parking system market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global robotic parking system market.
Market Segmentation
Type Insights (Revenue, USD Mn, 2020 - 2032)
AGVs with Peripherals
Standalone AGV Systems
Automation System Insights (Revenue, USD Mn, 2020 - 2032)
Fully Automated
Semi Automated
Regional Insights (Revenue, USD Mn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
ParkPlus Inc.
Serva Transport Systems
MHE Demag (S) Pvt Ltd.
Fata Automation
P.T Parking Technologies
Lodige Industries
Smart City Robotics
Worldwide Robotics Automated Parking LLC
Hangzhou Hikrobot Technology Co.
Stanley Robotics SAS
Westfalia Parking Solutions
Unitronics PLC
Shaanxi Long Xiang Parking Equipment Group
CityLift Parking
Boomrang Systems
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Robotic Parking System Market, By Type
Global Robotic Parking System Market, By Automation System
Global Robotic Parking System Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Robotic Parking System Market, By Type, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
AGVs with Peripherals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Standalone AGV Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
5. Global Robotic Parking System Market, By Automation System, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Fully Automated
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Semi Automated
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
6. Global Robotic Parking System Market, By Region, 2020 - 2032, Value (USD Mn)