Global Parking Robots Market 2017-2021

LONDON, May 18, 2017 /PRNewswire/ -- About Robotic Parking Systems
With scarcity in parking spaces and appreciating land prices across the globe, vendors in the global automated parking systems market are introducing new products that are cost-efficient and can optimize parking spaces. While the market is dominated by automated and semi-automated parking systems, which use mechanical systems to move cars into parking spaces, in the past five years there has been an upsurge in the adoption rate of robotic parking systems.

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Technavio's analysts forecast the global robotic parking systems market to grow at a CAGR of 18.46% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global robotic parking systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from new sales and services.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Robotic Parking Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The reportcovers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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