ParkSmart Newsletter

Issue 44

ROBOTIC PARKING SYSTEMS’ NEW FREE AIA CE COURSE FEATURED IN ARCHITECTURAL RECORD

Without a doubt, the United States likes to go big. We are the home of Mount Rushmore, Disneyland, and the Whopper. We are the birthplace of Apple, Google, Facebook, and Amazon. The movie industry grew up here. We are an economic and military powerhouse. The rate of entrepreneurship is staggering. We have big vehicles, big houses, and big dreams.

But with some emerging trends, we lag. This is the case when it comes to automated parking systems, which are robotic or automatic systems that park cars without human intervention using precisely calibrated machinery and software. These innovative parking systems save valuable urban space, create the highest use for land, increase ROI for developers, improve the environment, delight drivers, and are primed to mesh with future technologies. Research and Markets research firm estimated that the global market for automated parking in 2019 was $1.3 billion and forecasts the global market to grow to $3.6 billion by 2027.