The global Multi-storey Parking Garage market size is expected to reach $ 3467 million by 2032, rising at a market growth of 4.2% CAGR during the forecast period (2026-2032).
A multi-storey parking garage is a building or structure designed with multiple levels or floors to provide parking for vehicles. These garages maximize the use of vertical space, allowing for a greater number of cars to be parked in a limited area compared to surface parking lots. Multi-storey parking garages can be found in urban centers, airports, shopping malls, and other high-traffic areas where space is constrained. They can be equipped with ramps, lifts, or automated systems to facilitate vehicle movement between floors.
A multi-storey parking garage is a building designed to provide multiple levels of parking spaces for vehicles, typically found in urban areas, airports, shopping centers, and commercial hubs. As land becomes more limited and valuable in densely populated cities, multi-storey garages offer an efficient solution by utilizing vertical space to maximize parking capacity within a compact footprint.
The primary advantage of multi-storey parking garages is their ability to accommodate a large number of vehicles in areas where ground space is scarce. By building upwards, these garages help reduce congestion on streets and minimize the need for extensive surface parking lots. They are often designed with ramps or mechanical systems to move vehicles between levels, making them convenient and accessible for drivers.
In addition to increasing parking capacity, many modern multi-storey garages integrate advanced technology to improve user experience. Automated payment systems, real-time parking availability displays, and vehicle tracking systems help streamline the parking process, reducing the time drivers spend searching for spaces. Some garages also include eco-friendly features, such as electric vehicle charging stations, energy-efficient lighting, and solar panels, which contribute to sustainability efforts.
Despite the higher initial construction cost, multi-storey parking garages provide a long-term solution to the growing demand for parking in urban environments. As cities continue to expand, the need for efficient parking solutions will drive the development of more technologically advanced and environmentally conscious parking garages, making them a critical part of urban infrastructure.
This report studies the global Multi-storey Parking Garage production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Multi-storey Parking Garage and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Multi-storey Parking Garage that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Multi-storey Parking Garage total production and demand, 2021-2032, (K Units)
Global Multi-storey Parking Garage total production value, 2021-2032, (USD Million)
Global Multi-storey Parking Garage production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Multi-storey Parking Garage consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Multi-storey Parking Garage domestic production, consumption, key domestic manufacturers and share
Global Multi-storey Parking Garage production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Multi-storey Parking Garage production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Multi-storey Parking Garage production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Multi-storey Parking Garage market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IHI Parking System, Wuyang Parking, Dayang Parking, XIZI Parking System, Yeefung Industry Equipment, Klaus Multiparking, ShinMaywa, Tongbao Parking Equipment, Wohr, Groupe Briand, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Multi-storey Parking Garage market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Multi-storey Parking Garage Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Multi-storey Parking Garage Market, Segmentation by Type:
Semi-automatic Type
Fully-automatic Type
Global Multi-storey Parking Garage Market, Segmentation by Application:
Residential
Public
Business
Companies Profiled:
IHI Parking System
Wuyang Parking
Dayang Parking
XIZI Parking System
Yeefung Industry Equipment
Klaus Multiparking
ShinMaywa
Tongbao Parking Equipment
Wohr
Groupe Briand
Maoyuan Parking Equipment
AJ Automated Parking Systems
Huaxing Intelligent Parking
Wipro PARI
HUBER
Mitsubishi Heavy Industries
Nissei Build Kogyo
RR Parkon
CIMCIOT
Goldbeck
Sampu Garage
Tada
Bourne Group
Key Questions Answered:
1. How big is the global Multi-storey Parking Garage market?
2. What is the demand of the global Multi-storey Parking Garage market?
3. What is the year over year growth of the global Multi-storey Parking Garage market?
4. What is the production and production value of the global Multi-storey Parking Garage market?
5. Who are the key producers in the global Multi-storey Parking Garage market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Multi-storey Parking Garage. Industry analysis & Market Report on Multi-storey Parking Garage is a syndicated market report, published as Global Multi-storey Parking Garage Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Multi-storey Parking Garage market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.