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Valet Robots Market By Component (Software, Hardware), By Technology (Sensor Technology, Mobile Technology, RFID), By End User (Airports, Shopping malls, Private parking lots)) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027

Summary
Table Of Content

Increasing adoption of artificial intelligence in the automotive industry is fueling the growth of the valet robot market.

Globally, the valet robot market is expected to grow at a CAGR of more than 15% during the forecast period from 2019 to 2027. Globally, robots have been introduced to conduct various regular tasks such as security, cleaning, and many more. As the demand for additional help increases, the adoption of robots is also increasing with time. Advancements with the help of artificial intelligence have made it easy to develop and modify machines in a way that is needed. In this case, machines, a.k.a. “robots,” are used to perform the activity of valet parking in public areas. With the increasing implementation of artificial intelligence in every step of life, valet parking is also witnessing the effects of automation and AI.

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In areas such as airports, these valet robots are helping airport officials interact with passengers and provide them assistance at the airport. Valet robots scan the vehicle and conduct a security check. They then lift up the vehicle and park it in a suitable space. Studies have concluded that these robots can fit 50% more cars in the same parking space, reducing the inconvenience usually caused. Such advantages of valet robots have increased their adoption, which has resulted in increased market size in various regions. Moreover, increasing urbanization, the growing influx of people in central locations of major cities, and growing venture capital investments are also driving the growth of the valet robot market during the forecast period. However, technical issues such as malfunctioning robots and upcoming self-driven vehicles are likely to have a negative impact on the valet robot market.

Market Synopsis

The airport’s segment is expected to continue dominating the market.

In 2018, the airport end-user segment led the market by contributing the maximum market share in the global valet robot market. Valet Robot is a new concept that increases the efficiency of parking as many cars as possible in a given space. This concept is highly adopted at airports, as these places deal with large numbers of vehicles. The integration of artificial intelligence within airports has mainly resulted in the implementation of robotic valet services.

The introduction of advanced technology machines at the airports focuses mainly on improving airport services and is expected to lead to an enhanced customer experience in the coming few years. This has increased the demand for robots to perform parking activities at airport parking lots along with security checks. European countries such as France, the UK, the Netherlands, and others have already established automated robotic valet systems. Along with this, many other developed countries are now initiating the introduction of valet robots at their major airports. This increasing adoption at airports is fueling the growth of the valet robot market during the forecast period.

Asia Pacific to Register the Fastest Growth

Europe dominates the valet robot market. In 2018, the regional market accounted for nearly 31% of the total revenue generated worldwide. The increasing adoption of advanced technologies to make human work easier is the major factor attributed to this high market size. As the rate of adoption of valet parking robots is high in Europe compared to other countries, this region holds the maximum market share. As many of the European airports are on the list of the busiest airports in the world, robotic valet parking helps in smoothing the process and releasing the passengers’ pressure. Moreover, airports apart from France, the UK, and the Netherlands have also taken the initiative to undergo trial runs on the valet robots and make a decision on the installation of this system.

Furthermore, in North America and Asia-Pacific, significant activities have been observed based on factors such as emerging economic conditions, an increasing number of financial districts, investments in smart city development, and rising urbanization in metropolitan cities. These factors are likely to drive the growth of the valet robot market in these regions.

Some of the prominent players operating in the valet robot market include 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., and EITO & Global Inc.

Historical and Forecast Periods

This research report presents the analysis of each segment from 2017 to 2027, considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The Valet Robot Market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global valet robot market based on application and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

What was the market size of valet robots in 2018, and what is the forecast up to 2027?
Which is the largest regional market for the software segment?
What are the major trends followed in the valet robot market across different regions?
Who are the key valet robot companies leading the market?
What are the key strategies adopted by the leading valet robot companies in the market?

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Unique data points of this report

Statistics on valet robot penetration and spending worldwide
Recent trends across different regions in terms of the adoption of valet robots for various end-users
Notable developments are going on in the valet robot industry.
Attractive investment propositions for segments as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global VR Market
2.2 Global VR Market, By Component, 2018 (US$ Bn)
2.3 Global VR Market, By Technology, 2018 (US$ Bn)
2.4 Global VR Market, By End User, 2018 (US$ Bn)
2.5 Global VR Market, By Geography, 2018 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global VR Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key VR Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Valet Robot (VR) Market Analysis, by Component, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Software
4.3 Hardware

Chapter 5 Global Valet Robot (VR) Market Analysis, by Technology, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Sensor Technology
5.3 Mobile Technology
5.4 RFID
5.5 Others

Chapter 6 Global Valet Robot (VR) Market Analysis, by End User, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Airports
6.3 Shopping malls
6.4 Private parking lots
6.5 Others

Chapter 7 North America Valet Robot (VR) Market Analysis, 2017 – 2027 (US$ Bn)
7.1 Overview
7.2 North America VR Market Analysis, By Component, 2017 – 2027
7.2.1 Market Analysis
7.3 North America VR Market Analysis, By Technology, 2017 – 2027
7.3.1 Market Analysis
7.4 North America VR Market Analysis, By End User, 2017 – 2027
7.4.1 Market Analysis
7.5 North America VR Market Analysis, By Region/Country, 2017 – 2027
7.5.1 U.S.
7.5.1.1 U.S. VR Market Value, By Component, 2017 – 2027 (US$ Bn)
7.5.1.2 U.S. VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
7.5.1.3 U.S. VR Market Value, By End User, 2017 – 2027 (US$ Bn)
7.5.2 Rest of North America
7.5.2.1 Rest of North America VR Market Value, By Component, 2017 – 2027 (US$ Bn)
7.5.2.2 Rest of North America VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
7.5.2.3 Rest of North America VR Market Value, By End User, 2017 – 2027 (US$ Bn)

Chapter 8 Europe Valet Robot (VR) Market Analysis, 2017 – 2027 (US$ Bn)
8.1 Overview
8.2 Europe VR Market Analysis, By Component, 2017 – 2027
8.2.1 Market Analysis
8.3 Europe VR Market Analysis, By Technology, 2017 – 2027
8.3.1 Market Analysis
8.4 Europe VR Market Analysis, By End User, 2017 – 2027
8.4.1 Market Analysis
8.5 Europe VR Market Analysis, By Region/Country, 2017 – 2027
8.5.1 U.K.
8.5.1.1 U.K. VR Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.1.2 U.K. VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.5.1.3 U.K. VR Market Value, By End User, 2017 – 2027 (US$ Bn)
8.5.2 Germany
8.5.2.1 Germany VR Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.2.2 Germany VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.5.2.3 Germany VR Market Value, By End User, 2017 – 2027 (US$ Bn)
8.5.3 France
8.5.3.1 France VR Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.3.2 France VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.5.3.3 France VR Market Value, By End User, 2017 – 2027 (US$ Bn)
8.5.4 Rest of Europe
8.5.4.1 Rest of Europe VR Market Value, By Component, 2017 – 2027 (US$ Bn)
8.5.4.2 Rest of Europe VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
8.5.4.3 Rest of Europe VR Market Value, By End User, 2017 – 2027 (US$ Bn)

Chapter 9 Asia Pacific Valet Robot (VR) Market Analysis, 2017 – 2027 (US$ Bn)
9.1 Overview
9.2 Asia Pacific VR Market Analysis, By Component, 2017 – 2027
9.2.1 Market Analysis
9.3 Asia Pacific VR Market Analysis, By Technology, 2017 – 2027
9.3.1 Market Analysis
9.4 Asia Pacific VR Market Analysis, By End User, 2017 – 2027
9.4.1 Market Analysis
9.5 Asia Pacific VR Market Analysis, By Region/Country, 2017 – 2027
9.5.1 China
9.5.1.1 China VR Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.1.2 China VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.5.1.3 China VR Market Value, By End User, 2017 – 2027 (US$ Bn)
9.5.2 Japan
9.5.2.1 Japan VR Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.2.2 Japan VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.5.2.3 Japan VR Market Value, By End User, 2017 – 2027 (US$ Bn)
9.5.3 India
9.5.3.1 India VR Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.3.2 India VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.5.3.3 India VR Market Value, By End User, 2017 – 2027 (US$ Bn)
9.5.4 Rest of Asia Pacific
9.5.4.1 Rest of Asia Pacific VR Market Value, By Component, 2017 – 2027 (US$ Bn)
9.5.4.2 Rest of Asia Pacific VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
9.5.4.3 Rest of Asia Pacific VR Market Value, By End User, 2017 – 2027 (US$ Bn)

Chapter 10 Rest of the World (RoW) Valet Robot (VR) Market Analysis, 2017 – 2027 (US$ Bn)
10.1 Overview
10.2 RoW VR Market Analysis, By Component, 2017 – 2027
10.2.1 Market Analysis
10.3 RoW VR Market Analysis, By Technology, 2017 – 2027
10.3.1 Market Analysis
10.4 RoW VR Market Analysis, By End User, 2017 – 2027
10.4.1 Market Analysis
10.5 RoW VR Market Analysis, By Region/Country, 2017 – 2027
10.5.1 Middle East & Africa (MEA)
10.5.1.1 MEA VR Market Value, By Component, 2017 – 2027 (US$ Bn)
10.5.1.2 MEA VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
10.5.1.3 MEA VR Market Value, By End User, 2017 – 2027 (US$ Bn)
10.5.2 Latin America
10.5.2.1 Latin America VR Market Value, By Component, 2017 – 2027 (US$ Bn)
10.5.2.2 Latin America VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
10.5.2.3 Latin America VR Market Value, By End User, 2017 – 2027 (US$ Bn)

Chapter 11 Company Profiles
11.1 Stanley Robotics
11.2 Applied & Integrated Manufacturing, Inc.
11.3 FATA Automation, Inc.
11.4 Skyline Parking AG
11.5 CityLifts India Ltd
11.6 Robotic Parking Systems, Inc.
11.7 Smart City Robotics
11.8 Westfalia Technologies, Inc.
11.9 Dayang Parking Co. Ltd.
11.10 EITO&GLOBAL INC.

List of Figures

FIG. 1 Global Valet Robot (VR): Market Segmentation
FIG. 2 Global VR Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global VR Market, By Component, 2018 (US$ Bn)
FIG. 5 Global VR Market, By Technology, 2018 (US$ Bn)
FIG. 6 Global VR Market, By End User, 2018 (US$ Bn)
FIG. 7 Global VR Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Market Positioning of Key VR Vendors, 2018
FIG. 11 Global VR Market Value Contribution, By Component, 2018 & 2027 (%)
FIG. 12 Global Private Cloud Software Market Value, 2017 – 2027, (US$ Bn)
FIG. 13 Global Private Cloud Hardware Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 Global VR Market Value Contribution, By Technology, 2018 & 2027 (%)
FIG. 15 Global Sensor Technology VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 16 Global Mobile Technology VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 17 Global RFID VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 18 Global Others VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 19 Global VR Market Value Contribution, By End User, 2018 & 2027 (%)
FIG. 20 Global VR Market Value from Airports, 2017 – 2027 (US$ Bn)
FIG. 21 Global VR Market Value from Shopping malls, 2017 – 2027 (US$ Bn)
FIG. 22 Global VR Market Value from Private parking lots, 2017 – 2027 (US$ Bn)
FIG. 23 Global VR Market Value from Others, 2017 – 2027 (US$ Bn)
FIG. 24 North America VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 25 Europe VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 26 Asia Pacific VR Market Value, 2017 – 2027, (US$ Bn)
FIG. 27 RoW VR Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Valet Robot (VR) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 5 North America VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 6 North America VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 7 North America VR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 8 U.S. VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 9 U.S. VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 10 U.S. VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 11 Rest of North America VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 12 Rest of North America VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 13 Rest of North America VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 14 Europe VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 15 Europe VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 16 Europe VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 17 Europe VR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 18 U.K. VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 19 U.K. VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 20 U.K. VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 21 Germany VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 22 Germany VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 23 Germany VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 24 France VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 25 France VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 26 France VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 27 Rest of Europe VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 28 Rest of Europe VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 29 Rest of Europe VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 30 Asia Pacific VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 31 Asia Pacific VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 32 Asia Pacific VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 33 Asia Pacific VR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 34 China VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 35 China VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 36 China VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 37 Japan VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 38 Japan VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 39 Japan VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 40 India VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 41 India VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 42 India VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 43 Rest of Asia Pacific VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacific VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 46 RoW VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 47 RoW VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 48 RoW VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 49 RoW VR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 50 MEA VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 51 MEA VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 52 MEA VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America VR Market Value, By Component, 2017 – 2027 (US$ Bn)
TABLE 54 Latin America VR Market Value, By Technology, 2017 – 2027 (US$ Bn)
TABLE 55 Latin America VR Market Value, By End User, 2017 – 2027 (US$ Bn)
TABLE 56 Stanley Robotics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 57 Applied & Integrated Manufacturing, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 58 FATA Automation, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 59 Skyline Parking AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 60 CityLifts India Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 61 Robotic Parking Systems, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 62 Smart City Robotics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 63 Westfalia Technologies, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 64 Dayang Parking Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 65 EITO&GLOBAL INC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Frequently Asked Question:

What is the size of Valet Robot Market?

The market for Valet Robot Market is expected to reach USD$ XX in 2027.

What is the Valet Robot Market CAGR?

The Valet Robot Market is expected to see significant CAGR growth over the coming years, at 15%.

What is the Forecast period considered for Valet Robot Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Valet Robot Market?

The base year of this report is 2018.

Who are the major players in this market?

FATA Automation, Inc., Applied & Integrated Manufacturing, Inc., Skyline Parking AG, Robotic Parking Systems, Inc.are some of the major players in the global market.

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