With the increasing prevalence of automation and AI, valet parking is now experiencing the impact of these technologies. The term "Car Parking Robot" refers to a robot that independently handles valet parking duties through automation. When utilizing valet parking, users simply drop off their vehicles at designated parking slots specially designed for this purpose. The car is then scanned to identify its make and model, and the robot lifts the car using dedicated forks, efficiently parking it in the parking lot. An additional benefit of this automation is that robot valets can accommodate 50% more cars within the same parking space. The concept was initially tested at Dusseldorf and Paris' Charles De Gaulle Airport, and it has been fully implemented at Lyon Airport in France, where Stanley Robotics has deployed their Stan robots for this service. This report provides a comprehensive analysis of the Car Parking Robot Market and offers future predictions for the market's growth in the coming years.

One of the significant challenges the market will face in the foreseeable future is the parking of self-driving cars. These vehicles will drop off their owners and then park themselves in dedicated parking lots. The Car Parking Robot systems must be designed to address this issue as autonomous cars become more prevalent.

The market driver for Car Parking Robots is the novelty of the concept, which can be implemented in numerous airports worldwide where thousands of passengers encounter car parking issues. Car Parking Robots will also generate substantial revenue for airports. Considering the projected growth of the global smart parking market, estimated to exceed 45 billion USD by 2025, the Car Parking Robot market represents an attractive and lucrative opportunity

Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/1308  

The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in RD activities are expected to boost market growth during the forecast period.

Competitive Landscape:

• Stanley Robotics
• FATA Automation, Inc.
• Applied Integrated Manufacturing, Inc.
• Skyline Parking AG
• Robotic Parking Systems, Inc.
• CityLifts India Ltd
• Smart City Robotics
• Dayang Parking Co. Ltd.
• Westfalia Technologies, Inc.
• EITOGLOBAL INC. 

Inquiry before buying @ https://www.reportsanddata.com/inquiry-before-buying/1308

The global market is further segmented into type and application:

Market has been segmented by Components into:

• Software
• Hardware

Market by End User application is divided into:

• Airports
• Shopping malls
• Private parking lots
• Others

Market segment by Region include:

• North America
• Europe
• Asia Pacific
• Middle East Africa
• Latin America

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/1308

Thank you for reading our report. We also offer customized report as per client requirement. Kindly connect with us to know more about customization plan and our team will offer you the altered report.

Get Explore Latest Research Report by Reports and Data:

Heavy Duty Conveyor Belts Market @ https://www.einpresswire.com/article/637926297/heavy-duty-conveyor-belts-market-size-to-reach-usd-4-84-billion-in-2030-with-a-4-0-cagr-reports-and-data

Automotive Fabric Market @ https://www.einpresswire.com/article/637927133/projected-automotive-fabric-market-size-to-surpass-usd-49-79-billion-by-2030-with-a-4-4-cagr

Mobile Value Added Services (MVAS) Market @ https://www.einpresswire.com/article/637927946/mobile-value-added-service-market-to-reach-usd-2445-47-billion-by-2032-reports-and-data

Network Slicing Market @ https://www.einpresswire.com/article/637928629/network-slicing-market-projected-to-reach-usd-18-222-15-million-by-2032-with-a-50-cagr

Cloud Virtual Private Network (VPN) Market @ https://www.einpresswire.com/article/637929361/cloud-virtual-private-network-vpn-market-projected-to-reach-usd-40-78-billion-by-2030-with-a-21-6-cagr

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com