Robotic Valet Parks Market

Industry Overview

The Global Robotic Valet Parks Market was valued at USD 2.19 Billion in 2023 and is projected to register a 10.87% CAGR to top a valuation of USD 4.26 Billion by 2030 during the forecast period from 2025 to 2030.

Now-a-days citizens inevitably combat traffic congestion on a daily basis, due to influx of vehicles on the road. This is because of the lack of parking infrastructure and shoot up of vehicle to human population ratio. The Robotic Valet Parking System uses the robotic valets, which are the vehicle carriers and parks the vehicles compactly in a given space of the parking area once the driver loads his vehicle at the loading bay. Robotic Valet Automated Parking System (APS) provides solution for the parking problems without the need for special construction for automation. The robotic valet APS requires concrete flooring, which provides the fire separation, builders consider it approvable. The number and the position of the occupied vehicles can be determined without the operation of the sensors in each of the parking slots. The vacancy of the parking garage is displayed on the LCD screen which is of benefit to the costumer. The central processing unit wirelessly controls the locomotion of robotic valets and the arrangement of vehicles in the parking area. This system has proved the space efficiency, accuracy, operational speed, safety and cost effectiveness of the proposed parking. On producing the parking slip at the exit the robotic valet automatically retrieves the vehicle to the customer.

Market Segmentation

Insight by Component Type

Based on component type, the Global Robotic Valet Parks Market is bifurcated into software and hardware. The hardware components segment dominated the market as it will include the robot as well as the dedicated parking lots for scanning. The software that is needed to control the robots is of equal importance, even though the main work of lifting the vehicles and parking them will be done majorly by the valet robots. The software component also includes the mobile platform for the customer.

Insight by Application Type

On the basis of application type, the Global Robotic Valet Parks Market is bifurcated into commercial and residential parking. The commercial parking segment held the largest market share and is anticipated to dominate the market during the forecast period. The constant increase in vehicles on roads has elevated the demand for parking areas in commercial buildings and shopping malls.

Insight by Automation level

On the basis of automation level, the Global Robotic Valet Parks Market is classified into fully automated and semi automated. Rising innovative city projects across the world are fueling the demand for fully automated parking systems over the forecast period. Technological opportunities help to meet parking demands ranging from conventional ramp parking to fully automated type.

Global Robotic Valet Parks Market Report Coverage

Report Metric	Details
Historical Period	2018 - 2023
Base Year Considered	2024
Forecast Period	2025 - 2030
Market Size in 2023	U.S.D.  2.19 Billion
Revenue Forecast in 2030	U.S.D.  4.26 Billion
Growth Rate	10.87%%
Segments Covered in the Report	By Component Type, By Application Type, and By Automation Level
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Regions Covered in the Report	North America, Europe, Asia-Pacific and Japan, Latin America and Middle East & Africa (MEA)

Industry Dynamics

Growth Drivers

The concept of robotic valet park is very new to the market which is the major growth driver of this market. The growing number of smart city projects is also another growth driver of Global Robotic Valet parks market. It can be implemented in many airports around the world where thousands of passengers face the issue of car parking. Valet Robot will also provide great source of revenue for the Airports. Moreover, the increasing adoption of AI technology is anticipated to boost the growth of the market.

Restraints

Major challenge for Robotic Valet Park Market in the foreseeable future is the parking of self-driving cars which will drop off the owner and then park themselves in the dedicated parking lots. It is expected to the Valet Robot systems to be designed  in such a way that they can tackle this issue in the coming years when there will be autonomous cars everywhere. Another restraint for this market is the initial investment which is required to construct high quality parking systems than the traditional ones.

Geographic Overview

• North America
• Europe
• Asia-Pacific and Japan
• Latin America
• Middle East and Africa (MEA)

The Global Biologics Drug Discovery Market is segmented into North America, Europe, Asia Pacific& Japan, Latin America and Middle East and Africa. Europe dominates the market in terms of value, due to increased vehicle sales, latest technologies, cloud technologies adoption and digital platform.

Key Players Covered in the Report

Key market players of The Global Robotic Valet Parks Market are Stanley Robotics, Applied & Integrated Manufacturing, Inc., Skyline Parking AG, FATA Automation, Inc., Robotic Parking Systems, Inc., Dayang Parking Co. Ltd., Smart City Robotics, CityLifts India Ltd, Westfalia Technologies, Inc., EITO&GLOBAL INC.

Recently, MOSOLF, a leading technology and logistics service provider in the international automotive industry and Stanley Robotics started a first test project together , 1000 storage locations for finished vehicles have been managed completely automatically on a 3-hectare site using 4 robots. This project will demonstrate the performance of the system in managing inbound and
outbound vehicle flow, delivery time, responsiveness, real-time inventory management, compound visualization and time savings for truck drivers.

Lately, FATA Automation has been awarded a material handling project for Gallagher Kaiser at the General Motors San Luis Potosi Paint Shop in Mexico.  This project allows for the plant to produce two-tone paint on the bodies of the Chevrolet Equinox and GMC Terrain crossovers. FATA Automation, a global leader in the supply of skid conveyor modules and systems, will be providing a turn-key system that will incorporate power roll beds, power roll stands, eccentric lift roller pop-up tables, cross transfers, and process conveyors including dual-strand and mini flat-top designs for production, paint and oven operations.

The Global Robotic Valet Parks Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Segments Covered in the Report

By Component Type

• Hardware
• Software

By Application Type

• Commercial parking
• Residential parking

By Automation Type

• Fully automated
• Semi automated

Regions Covered in the Report

North America

• U.S.
• Canada

Europe

• Germany
• UK
• France

Asia-Pacific and Japan

• China
• Japan
• India
• South Korea
• Malaysia
• Philippines

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa

Source: VynZ Research

1.  Research Overview

     1.1.  The Report Offers
     1.2.  Market Coverage
             1.2.1.  By Component Type
             1.2.2.  By Application Type
             1.2.3.  By Automation Level
             1.2.4.  By Region
     1.3.  Research Phases
     1.4.  Limitations
     1.5.  Market Methodology
             1.5.1.  Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
              1.5.2.  Methodology
                         1.5.2.1. Data Exploration
                         1.5.2.2. Forecast Parameters
                         1.5.2.3. Data Validation
                         1.5.2.4. Assumptions
              1.5.3.  Study Period & Data Reporting Unit

2.  Executive Summary

3.  Industry Overview

     3.1.  Industry Dynamics
             3.1.1.    Market Growth Drivers
             3.1.2.    Market Restraints
             3.1.3.    Key Market Trends
             3.1.4.    Major Opportunities
     3.2.  Industry Ecosystem
             3.2.1.  Porter’s Five Forces Analysis
             3.2.2.  Recent Development Analysis
             3.2.3.  Value Chain Analysis
     3.3.  Competitive Insight
             3.3.1.  Competitive Position of Industry Players
             3.3.2.  Market Attractive Analysis
             3.3.3.  Market Share Analysis

4.  Global Market Estimate and Forecast

     4.1.  Global Market Overview
     4.2.  Global Market Estimate and Forecast to 2030

5.  Market Segmentation Estimate and Forecast

     5.1.  By Component Type

             5.1.1.  Hardware
                        5.1.1.1.  Market Definition
                        5.1.1.2.  Market Estimation and Forecast to 2030 
             5.1.2.  Software
                         5.1.2.1.  Market Definition
                         5.1.2.2.  Market Estimation and Forecast to 2030

     5.2.  By Application Type

             5.2.1.  Commercial Parking
                        5.2.1.1.  Market Definition
                        5.2.1.2.  Market Estimation and Forecast to 2030
             5.2.2.  Residential Parking
                         5.2.2.1.  Market Definition
                         5.2.2.2.  Market Estimation and Forecast to 2030

     5.3  By Automation Level

            5.3.1.  Fully automated
                       5.3.1.1.  Market Definition
                       5.3.1.2.  Market Estimation and Forecast to 2030    
                       5.3.3.3.  Market Estimation and Forecast to 2030
            5.3.2.  Semi automated
                       5.3.2.1.  Market Definition
                       5.3.2.2.  Market Estimation and Forecast to 2030

6.  North America Market Estimate and Forecast

     6.1.  By Component Type
     6.2.  By Application Type
     6.3.  By Automation Level
     6.4.  By Country
             6.4.1.  U.S. Market Estimate and Forecast
             6.4.2.  Canada Market Estimate and Forecast
             6.4.3.  Mexico Market Estimate and Forecast

7.  Europe Market Estimate and Forecast

     7.1.  By Component Type
     7.2.  By Application Type
     7.3.  By Automation Level
     7.4.  By Country
             7.4.1.  Germany Market Estimate and Forecast
             7.4.2.  France Market Estimate and Forecast
             7.4.3.  U.K. Market Estimate and Forecast
             7.4.4.  Italy Market Estimate and Forecast
             7.4.5.  Spain Market Estimate and Forecast
             7.4.6.  Rest of Europe Market Estimate and Forecast

8.  Asia-Pacific Market Estimate and Forecast

     8.1.  By Component Type
     8.2.  By Application Type
     8.3.  By Automation Level
     8.4.  By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
             8.4.1.  China Market Estimate and Forecast
             8.4.2.  Japan Market Estimate and Forecast
             8.4.3.  India Market Estimate and Forecast
             8.4.4.  South Korea Market Estimate and Forecast
             8.4.5.  Singapore Market Estimate and Forecast
             8.4.6.  Rest of Asia-Pacific Market Estimate and Forecast

9.  Rest of the World (RoW) Market Estimate and Forecast

     9.1.  By Component Type
     9.2.  By Application Type
     9.3.  By Automation Level
     9.4.  By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
             9.4.1.    Brazil Market Estimate and Forecast
             9.4.2.    Saudi Arabia Market Estimate and Forecast
             9.4.3.    South Africa Market Estimate and Forecast
             9.4.4.    Other Countries Market Estimate and Forecast

10.  Company Profiles

       10.1.  Stanley Robotics
                 10.1.1.  Snapshot
                 10.1.2.  Overview
                 10.1.3.  Offerings
                 10.1.4.  Financial Insight
                 10.1.5.  Recent Developments
        10.2.  Applied & Integrated Manufacturing, Inc.
                  10.2.1.  Snapshot
                  10.2.2.  Overview
                  10.2.3.  Offerings
                  10.2.4.  Financial Insight
                  10.2.5.  Recent Developments
        10.3.  FATA Automation, Inc.
                  10.3.1.  Snapshot
                  10.3.2.  Overview
                  10.3.3.  Offerings
                  10.3.4.  Financial Insight
                  10.3.5.  Recent Developments
        10.4.  Robotic Parking Systems, Inc.
                  10.4.1.  Snapshot
                  10.4.2.  Overview
                  10.4.3.  Offerings
                  10.4.4.  Financial Insight
                  10.4.5.  Recent Developments
        10.5.  Dayang Parking Co. Ltd.
                  10.5.1.  Snapshot
                  10.5.2.  Overview
                  10.5.3.  Offerings
                  10.5.4.  Financial Insight
                  10.5.5.  Recent Developments
        10.6.  Smart City Robotics
                  10.6.1.  Snapshot
                  10.6.2.  Overview
                  10.6.3.  Offerings
                  10.6.4.  Financial Insight
                  10.6.5.  Recent Developments
        10.7.  CityLifts India Ltd
                  10.7.1.  Snapshot
                  10.7.2.  Overview
                  10.7.3.  Offerings
                  10.7.4.  Financial Insight
                  10.7.5.  Recent Developments
        10.8.  Westfalia Technologies, Inc.
                  10.8.1.  Snapshot
                  10.8.2.  Overview
                  10.8.3.  Offerings
                  10.8.4.  Financial Insight
                  10.8.5.  Recent Developments
        10.9.  EITO & GLOBAL INC.
                  10.9.1.  Snapshot
                  10.9.2.  Overview
                  10.9.3.  Offerings
                  10.9.4.  Financial Insight
                  10.9.5.  Recent Developments
       10.10.  MOSOLF
                   10.10.1.  Snapshot
                   10.10.2.  Overview
                   10.10.3.  Offerings
                   10.10.4.  Financial Insight
                   10.10.5.  Recent Developments

11.    Appendix

        11.1.  Exchange Rates
        11.2.  Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Robotic Valet Parks Market, By Component Type, 2018-2023 (USD Billion)
Table 5 Global Robotic Valet Parks Market, By Component Type, 2025-2030 (USD Billion)
Table 6 Global Robotic Valet Parks Market, By Application Type, 2018-2023 (USD Billion)
Table 7 Global Robotic Valet Parks Market, By Application Type, 2025-2030 (USD Billion)
Table 8 Global Robotic Valet Parks Market, By Automation Level, 2018-2023 (USD Billion)
Table 9 Global Robotic Valet Parks Market, By Automation Level, 2025-2030 (USD Billion)
Table 10 Global Robotic Valet Parks Market, By Region, 2018-2023 (USD Billion)
Table 11 Global Robotic Valet Parks Market, By Region, 2025-2030 (USD Billion)
Table 12 North America Robotic Valet Parks Market, By Component Type, 2018-2023 (USD Billion)
Table 13 North America Robotic Valet Parks Market, By Component Type, 2025-2030 (USD Billion)
Table 14 North America Robotic Valet Parks Market, By Application Type, 2018-2023 (USD Billion)
Table 15 North America Robotic Valet Parks Market, By Application Type, 2025-2030 (USD Billion)
Table 16 North America Robotic Valet Parks Market, By Automation Level, 2018-2023 (USD Billion)
Table 17 North America Robotic Valet Parks Market, By Automation Level, 2025-2030 (USD Billion)
Table 18 North America Robotic Valet Parks Market, By Region, 2018-2023 (USD Billion)
Table 19 North America Robotic Valet Parks Market, By Region, 2025-2030 (USD Billion)
Table 20 Europe Robotic Valet Parks Market, By Component Type, 2018-2023 (USD Billion)
Table 21 Europe Robotic Valet Parks Market, By Component Type, 2025-2030 (USD Billion)
Table 22 Europe Robotic Valet Parks Market, By Application Type, 2018-2023 (USD Billion)
Table 23 Europe Robotic Valet Parks Market, By Application Type, 2025-2030 (USD Billion)
Table 24 Europe Robotic Valet Parks Market, By Automation Level, 2018-2023 (USD Billion)
Table 25 Europe Robotic Valet Parks Market, By Automation Level, 2025-2030 (USD Billion)
Table 26 Europe Robotic Valet Parks Market, By Region, 2018-2023 (USD Billion)
Table 27 Europe Robotic Valet Parks Market, By Region, 2025-2030 (USD Billion)
Table 28 Asia-Pacific Robotic Valet Parks Market, By Component Type, 2018-2023 (USD Billion)
Table 29 Asia-Pacific Robotic Valet Parks Market, By Component Type, 2025-2030 (USD Billion)
Table 30 Asia-Pacific Robotic Valet Parks Market, By Application Type, 2018-2023 (USD Billion)
Table 31 Asia-Pacific Robotic Valet Parks Market, By Application Type, 2025-2030 (USD Billion)
Table 32 Asia-Pacific Robotic Valet Parks Market, By Automation Level, 2018-2023 (USD Billion)
Table 33 Asia-Pacific Robotic Valet Parks Market, By Automation Level, 2025-2030 (USD Billion)
Table 34 Asia-Pacific Robotic Valet Parks Market, By Region, 2018-2023 (USD Billion)
Table 35 Asia-Pacific Robotic Valet Parks Market, By Region, 2025-2030 (USD Billion)
Table 36 RoW Robotic Valet Parks Market, By Component Type, 2018-2023 (USD Billion)
Table 37 RoW Robotic Valet Parks Market, By Component Type, 2025-2030 (USD Billion)
Table 38 RoW Robotic Valet Parks Market, By Application Type, 2018-2023 (USD Billion)
Table 39 RoW Robotic Valet Parks Market, By Application Type, 2025-2030 (USD Billion)
Table 40 RoW Robotic Valet Parks Market, By Automation Level, 2018-2023 (USD Billion)
Table 41 RoW Robotic Valet Parks Market, By Automation Level, 2025-2030 (USD Billion)
Table 42 RoW Robotic Valet Parks Market, By Region, 2018-2023 (USD Billion)
Table 43 RoW Robotic Valet Parks Market, By Region, 2025-2030 (USD Billion)
Table 44 Snapshot – Stanley Robotics
Table 45 Snapshot – Applied & Integrated Manufacturing, Inc.
Table 46 Snapshot – Skyline Parking AG
Table 47 Snapshot – FATA Automation, Inc.
Table 48 Snapshot – Robotic Parking Systems, Inc.
Table 49 Snapshot – Dayang Parking Co. Ltd.
Table 50 Snapshot – Smart City Robotics
Table 51 Snapshot – CityLifts India Ltd
Table 52 Snapshot – Westfalia Technologies, Inc.
Table 53 Snapshot – EITO & GLOBAL INC.
Table 54 Snapshot – MOSOLF

List of Figure

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Robotic Valet Parks Market- Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Robotic Valet Parks Market Highlight
Figure 12 Global Robotic Valet Parks Market, By Component Type, 2018-2030 (USD Billion)
Figure 13 Global Robotic Valet Parks Market, By Application Type, 2018-2030 (USD Billion)
Figure 14 Global Robotic Valet Parks Market, By Automation Level, 2018-2030 (USD Billion)
Figure 15 Global Robotic Valet Parks Market, By Region, 2018-2030 (USD Billion)
Figure 16 North America Robotic Valet Parks Market Highlight
Figure 17 North America Robotic Valet Parks Market, By Component Type, 2018-2030 (USD Billion)
Figure 18 North America Robotic Valet Parks Market, By Application Type, 2018-2030 (USD Billion)
Figure 19 North America Robotic Valet Parks Market, By Automation Level, 2018-2030 (USD Billion)
Figure 20 North America Robotic Valet Parks Market, By Region, 2018-2030 (USD Billion)
Figure 21 Europe Robotic Valet Parks Market Highlight
Figure 22 Europe Robotic Valet Parks Market, By Component Type, 2018-2030 (USD Billion)
Figure 23 Europe Robotic Valet Parks Market, By Application Type, 2018-2030 (USD Billion)
Figure 24 Europe Robotic Valet Parks Market, By Automation Level, 2018-2030 (USD Billion)
Figure 25 Europe Robotic Valet Parks Market, By Region, 2018-2030 (USD Billion)
Figure 26 Asia-Pacific Robotic Valet Parks Market Highlight
Figure 27 Asia-Pacific Robotic Valet Parks Market, By Component Type, 2018-2030 (USD Billion)
Figure 28 Asia-Pacific Robotic Valet Parks Market, By Application Type, 2018-2030 (USD Billion)
Figure 29 Asia-Pacific Robotic Valet Parks Market, By Automation Level, 2018-2030 (USD Billion)
Figure 30 Asia-Pacific Robotic Valet Parks Market, By Region, 2018-2030 (USD Billion)
Figure 31 RoW Robotic Valet Parks Market Highlight
Figure 32 RoW Robotic Valet Parks Market, By Component Type, 2018-2030 (USD Billion)
Figure 33 RoW Robotic Valet Parks Market, By Application Type, 2018-2030 (USD Billion)
Figure 34 RoW Robotic Valet Parks Market, By Automation Level, 2018-2030 (USD Billion)
Figure 35 RoW Robotic Valet Parks Market, By Region, 2018-2030 (USD Billion)