Due to the influx of vehicles on the road, citizens inevitably have to struggle with traffic congestion every day. The lack of parking infrastructure and the soaring vehicle-to-population ratio have compounded the problem.
The advent of valet robots solves this problem, using a variety of sensors, embedded software, and actuators to lift and transport cars from one place to another without the need for an operator. At the same time, the valet robot is the vehicle\'s carrier. Once the driver loads the vehicle in the loading area, the robot can park the vehicle compactly in the given space of the parking area. Here\'s how the system works: Customers park their cars in a dedicated hangar, where the vehicles are scanned to confirm their make and model. The valet robot then drives in, slides the platform under the vehicle, lifts it, transports it away and parks it.
Valet robots use space more efficiently than humans, with a 50% increase in the number of cars installed in the same area. This is thanks in part to the precise driving of the robot, but also because the system tracks when customers return.
According to the components, valet robots can be divided into hardware and software. The hardware system includes some sensors, actuators, loading areas and other auxiliary facilities. The software system includes some laser navigation and drawing software, programmable logic controller, and management software. The valet robot first uses laser navigation and mapping software to pick up the car from the entrance and park it in a designated spot, which works with all kinds of cars. When customers return, it brings them back through management software that moves pallets based on a concept adopted in automated factories. Smart management software coordinates all robots. It also ensures good use of space by arranging more vehicles in a given area. The software system is used the most throughout the process. In 2020, software systems and hardware systems account for 21.94% and 78.06% of the market, respectively.
Valet Robots Are Widely Adopted in Shopping Malls and Airports
Valet robots are commonly used in airports, shopping malls, and private parking lots:
Given the long-term parking demands at airports, advancements in the field of self-driving cars could make them very convenient. The introduction of advanced technology machines at airports is primarily focused on improving airport services, which is expected to enhance the customer experience in the coming years. The integration of artificial intelligence in airports has led to an increase in the demand for valet robot services, which has also increased the demand for valet robots to perform parking activities in airport parking lots as well as security checks. The robot valet even connects to the airport\'s flight data system and checks customer travel data against the database. Since 2016, the valet robot "Stan" has been deployed in the parking lots of Paris-Charles de Gaulle and Lyon airports. Gatwick Airport will follow with 270 parking spaces for the project.
The potential for valet robots to work in large shopping malls is huge. Today, convenient parking and modern retail go hand in hand. Parking spaces play an important role in determining where people are likely to spend their day. To drive foot traffic, malls, amusement parks, hotels, and even government-driven projects like smart cities have taken the approach of offering smart parking lots, which are managed by security guards to keep customers and vehicles safe. For consumers with a car, the parking lot is the first point of contact with the mall. Parking management, the technology used, cleanliness and safety have the potential to shatter first impressions. Valet robots are a new concept that can improve the efficiency of parking as many cars as possible in possible space. Shopping malls, which have to handle a large number of vehicles, have also adopted this concept.
In addition, the valet robot can also control the car and drive it from the drop-off area to the parking lot, and then operate autonomously in the private parking lot to transport the car to the parking space of the private parking lot. Valet robots also constitute a new way of arranging vehicles in parking lots, where cars can park in dense blocks, making the most of the space. As long as the robot can adapt to a parking lot of any size or location, it is likely to see more valet robots in other types of parking lots shortly.
At present, due to the large passenger flow in shopping malls and airports, the number of valet robots applied is the largest. In 2020, valet robots in airports, shopping malls, private parking lots, and other areas accounted for 34.88%, 35.85%, 22.07% and 7.19% of the market share respectively.
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Valet Robot Market Analysis by Regions of the World
From a regional perspective, Europe is the largest revenue market in the global valet robot industry, with a market share of 34.53% in 2015 and 34.11% in 2020, a decrease of 0.42%. In 2020, the Asia-Pacific market share was 29.39%, ranking second. In addition, the market shares of North America, South America, the Middle East and Africa were 24.10%, 4.72% and 7.68% respectively. From the perspective of the competition pattern of enterprises, the industry concentration is relatively high. The top three companies are Lödige Industries, Yeefung and yeefung, with 2020 revenue market shares of 13.36%, 10.21%, and 7.17%, respectively.
According to the research, the total revenue of the global valet robot market was USD 83.65 million in 2015, which will increase to USD 170.32 million by 2020. We predict that the passenger robot market can be worth $356.33 million by 2025. From 2020 to 2025, the valet robot market will witness a CAGR of 15.91%.
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