Global Automated Valet Parking (AVP) Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI01242184

Publication Date:

January 4, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Automated Valet Parking (AVP) market size was valued at US$ 345.8 million in 2023. With growing demand in downstream market, the Automated Valet Parking (AVP) is forecast to a readjusted size of US$ 3402.9 million by 2030 with a CAGR of 38.6% during review period.
The research report highlights the growth potential of the global Automated Valet Parking (AVP) market. Automated Valet Parking (AVP) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automated Valet Parking (AVP). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automated Valet Parking (AVP) market.
The Automated Valet Parking (AVP) is used to realize fully autonomous vehicle autonomous driving in a specific area from the entrance/exit of the parking lot to the parking space, because of its low driving speed and the ability to maximize the specific operating site. The feature of ensuring safety is recognized by the industry as the first L4-level autonomous driving scene to be implemented. Automated Valet Parking is the first and last step of autonomous driving. The "first step" refers to the one-button summon function, and the "last step" is the one-button parking function. The basic requirements of the one-button parking function are: the user gets off the car at the designated drop-off point, and issues a parking instruction through the mobile APP. After receiving the instruction, the vehicle can automatically drive to the parking space in the parking lot, without user manipulation and monitoring. If multiple vehicles receive the parking instruction at the same time, the automatic waiting of multiple vehicles to enter the parking space can be realized. The basic requirements of the one-key calling function are: the user issues a car pickup order through the mobile phone APP, and the vehicle can automatically drive from the parking space to the designated pickup point after receiving the order.
Global key players of automated valet parking (AVP) include Valeo, Bosch, Zongmu Tech, etc. The top three players hold a share about 82%. Key players are mainly located in United States, Europe and China, they occupied for a share about 99%. Europe is the largest market, has a share about 34%, followed by North America and Asia-Pacific, with share 33% and 32%, separately.
Key Features:
The report on Automated Valet Parking (AVP) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automated Valet Parking (AVP) market. It may include historical data, market segmentation by Type (e.g., Millimeter Wave Radar, Surround View), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automated Valet Parking (AVP) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automated Valet Parking (AVP) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automated Valet Parking (AVP) industry. This include advancements in Automated Valet Parking (AVP) technology, Automated Valet Parking (AVP) new entrants, Automated Valet Parking (AVP) new investment, and other innovations that are shaping the future of Automated Valet Parking (AVP).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automated Valet Parking (AVP) market. It includes factors influencing customer ' purchasing decisions, preferences for Automated Valet Parking (AVP) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automated Valet Parking (AVP) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automated Valet Parking (AVP) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automated Valet Parking (AVP) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automated Valet Parking (AVP) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automated Valet Parking (AVP) market.
Market Segmentation:
Automated Valet Parking (AVP) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Millimeter Wave Radar
Surround View
Segmentation by application
Flat Floor (Helical)
Flat Floor (One-Way Ramp)
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Valeo
Robert Bosch
Continental Automotive
Yushi
Holomatic
Horizon Robotics
ZongMu
BIDU
Momenta

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automated Valet Parking (AVP) Market Size 2019-2030
2.1.2 Automated Valet Parking (AVP) Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Automated Valet Parking (AVP) Segment by Type
2.2.1 Millimeter Wave Radar
2.2.2 Surround View
2.3 Automated Valet Parking (AVP) Market Size by Type
2.3.1 Automated Valet Parking (AVP) Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Automated Valet Parking (AVP) Market Size Market Share by Type (2019-2024)
2.4 Automated Valet Parking (AVP) Segment by Application
2.4.1 Flat Floor (Helical)
2.4.2 Flat Floor (One-Way Ramp)
2.4.3 Others
2.5 Automated Valet Parking (AVP) Market Size by Application
2.5.1 Automated Valet Parking (AVP) Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Automated Valet Parking (AVP) Market Size Market Share by Application (2019-2024)
3 Automated Valet Parking (AVP) Market Size by Player
3.1 Automated Valet Parking (AVP) Market Size Market Share by Players
3.1.1 Global Automated Valet Parking (AVP) Revenue by Players (2019-2024)
3.1.2 Global Automated Valet Parking (AVP) Revenue Market Share by Players (2019-2024)
3.2 Global Automated Valet Parking (AVP) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Automated Valet Parking (AVP) by Regions
4.1 Automated Valet Parking (AVP) Market Size by Regions (2019-2024)
4.2 Americas Automated Valet Parking (AVP) Market Size Growth (2019-2024)
4.3 APAC Automated Valet Parking (AVP) Market Size Growth (2019-2024)
4.4 Europe Automated Valet Parking (AVP) Market Size Growth (2019-2024)
4.5 Middle East & Africa Automated Valet Parking (AVP) Market Size Growth (2019-2024)
5 Americas
5.1 Americas Automated Valet Parking (AVP) Market Size by Country (2019-2024)
5.2 Americas Automated Valet Parking (AVP) Market Size by Type (2019-2024)
5.3 Americas Automated Valet Parking (AVP) Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automated Valet Parking (AVP) Market Size by Region (2019-2024)
6.2 APAC Automated Valet Parking (AVP) Market Size by Type (2019-2024)
6.3 APAC Automated Valet Parking (AVP) Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Automated Valet Parking (AVP) by Country (2019-2024)
7.2 Europe Automated Valet Parking (AVP) Market Size by Type (2019-2024)
7.3 Europe Automated Valet Parking (AVP) Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automated Valet Parking (AVP) by Region (2019-2024)
8.2 Middle East & Africa Automated Valet Parking (AVP) Market Size by Type (2019-2024)
8.3 Middle East & Africa Automated Valet Parking (AVP) Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Automated Valet Parking (AVP) Market Forecast
10.1 Global Automated Valet Parking (AVP) Forecast by Regions (2025-2030)
10.1.1 Global Automated Valet Parking (AVP) Forecast by Regions (2025-2030)
10.1.2 Americas Automated Valet Parking (AVP) Forecast
10.1.3 APAC Automated Valet Parking (AVP) Forecast
10.1.4 Europe Automated Valet Parking (AVP) Forecast
10.1.5 Middle East & Africa Automated Valet Parking (AVP) Forecast
10.2 Americas Automated Valet Parking (AVP) Forecast by Country (2025-2030)
10.2.1 United States Automated Valet Parking (AVP) Market Forecast
10.2.2 Canada Automated Valet Parking (AVP) Market Forecast
10.2.3 Mexico Automated Valet Parking (AVP) Market Forecast
10.2.4 Brazil Automated Valet Parking (AVP) Market Forecast
10.3 APAC Automated Valet Parking (AVP) Forecast by Region (2025-2030)
10.3.1 China Automated Valet Parking (AVP) Market Forecast
10.3.2 Japan Automated Valet Parking (AVP) Market Forecast
10.3.3 Korea Automated Valet Parking (AVP) Market Forecast
10.3.4 Southeast Asia Automated Valet Parking (AVP) Market Forecast
10.3.5 India Automated Valet Parking (AVP) Market Forecast
10.3.6 Australia Automated Valet Parking (AVP) Market Forecast
10.4 Europe Automated Valet Parking (AVP) Forecast by Country (2025-2030)
10.4.1 Germany Automated Valet Parking (AVP) Market Forecast
10.4.2 France Automated Valet Parking (AVP) Market Forecast
10.4.3 UK Automated Valet Parking (AVP) Market Forecast
10.4.4 Italy Automated Valet Parking (AVP) Market Forecast
10.4.5 Russia Automated Valet Parking (AVP) Market Forecast
10.5 Middle East & Africa Automated Valet Parking (AVP) Forecast by Region (2025-2030)
10.5.1 Egypt Automated Valet Parking (AVP) Market Forecast
10.5.2 South Africa Automated Valet Parking (AVP) Market Forecast
10.5.3 Israel Automated Valet Parking (AVP) Market Forecast
10.5.4 Turkey Automated Valet Parking (AVP) Market Forecast
10.5.5 GCC Countries Automated Valet Parking (AVP) Market Forecast
10.6 Global Automated Valet Parking (AVP) Forecast by Type (2025-2030)
10.7 Global Automated Valet Parking (AVP) Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Valeo
11.1.1 Valeo Company Information
11.1.2 Valeo Automated Valet Parking (AVP) Product Offered
11.1.3 Valeo Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Valeo Main Business Overview
11.1.5 Valeo Latest Developments
11.2 Robert Bosch
11.2.1 Robert Bosch Company Information
11.2.2 Robert Bosch Automated Valet Parking (AVP) Product Offered
11.2.3 Robert Bosch Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Robert Bosch Main Business Overview
11.2.5 Robert Bosch Latest Developments
11.3 Continental Automotive
11.3.1 Continental Automotive Company Information
11.3.2 Continental Automotive Automated Valet Parking (AVP) Product Offered
11.3.3 Continental Automotive Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Continental Automotive Main Business Overview
11.3.5 Continental Automotive Latest Developments
11.4 Yushi
11.4.1 Yushi Company Information
11.4.2 Yushi Automated Valet Parking (AVP) Product Offered
11.4.3 Yushi Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Yushi Main Business Overview
11.4.5 Yushi Latest Developments
11.5 Holomatic
11.5.1 Holomatic Company Information
11.5.2 Holomatic Automated Valet Parking (AVP) Product Offered
11.5.3 Holomatic Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Holomatic Main Business Overview
11.5.5 Holomatic Latest Developments
11.6 Horizon Robotics
11.6.1 Horizon Robotics Company Information
11.6.2 Horizon Robotics Automated Valet Parking (AVP) Product Offered
11.6.3 Horizon Robotics Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Horizon Robotics Main Business Overview
11.6.5 Horizon Robotics Latest Developments
11.7 ZongMu
11.7.1 ZongMu Company Information
11.7.2 ZongMu Automated Valet Parking (AVP) Product Offered
11.7.3 ZongMu Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 ZongMu Main Business Overview
11.7.5 ZongMu Latest Developments
11.8 BIDU
11.8.1 BIDU Company Information
11.8.2 BIDU Automated Valet Parking (AVP) Product Offered
11.8.3 BIDU Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 BIDU Main Business Overview
11.8.5 BIDU Latest Developments
11.9 Momenta
11.9.1 Momenta Company Information
11.9.2 Momenta Automated Valet Parking (AVP) Product Offered
11.9.3 Momenta Automated Valet Parking (AVP) Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Momenta Main Business Overview
11.9.5 Momenta Latest Developments
12 Research Findings and Conclusion

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