What is Automated Bicycle Parking Systems Market?
An automated bicycle parking system is a system designed to systematically park bicycles above or below ground. These systems automatically park bicycles, out of sight and safe against theft and vandalism. The factors such as Increased Preference for Bicycle due to Pollution and the Shrinking Availability of on Street Parking Space are driving the global automated bicycle parking systems market.
Highlights from Automated Bicycle Parking Systems Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Falco UK Ltd. (United Kingdom), Giken Ltd. (Japan), Hangzhou OS Parking Facilities Co., Ltd. (China) and WÖHR Autoparksysteme GmbH (Germany) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Automated Bicycle Parking Systems market throughout the forecasted period.
Falco UK Ltd. (United Kingdom), Giken Ltd. (Japan), Hangzhou OS Parking Facilities Co., Ltd. (China) and WÖHR Autoparksysteme GmbH (Germany) are some of the key players profiled in the study. Automated Bicycle Parking Systems Market Segmentation:
Scope | Sub-Segments |
---|
Application / End User | The Mall, School, Community, Park and Others |
Type | Semi-Automated Parking System and Fully Automated Parking System |
On the basis of geography, the market of Automated Bicycle Parking Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Awareness among the Customers
Market Growth Drivers:
Increased Preference for Bicycle due to Pollution and Shrinking Availability of on Street Parking Space
Challenges:
Less Awareness in Underdeveloped Countries
Restraints:
High Cost of Installation
Opportunities:
Increasing Demand from End-users and Increased Research and Development Activities
Key Target Audience
Automated Bicycle Parking Systems Providers, Emerging Companies, Research Professionals and End-users