Global Automated Valet Parking (AVP) Technology Market Strategic Research Report

Scope of the Report

The global Automated Valet Parking (AVP) Technology market size is predicted to grow from US$ 850 million in 2025 to US$ 7,169 million in 2032; it is expected to grow at a CAGR of 36.6% from 2026 to 2032.

Automated Valet Parking (AVP) Technology is a low-speed automated driving and automated parking function operating within a defined parking ODD, typically positioned across SAE Level 3 to Level 4. After drop-off, the driver initiates a "park/recall" mission via a smartphone or the in-vehicle HMI; the vehicle—leveraging onboard automated driving capabilities and, where applicable, parking-facility infrastructure (e.g., sensing, localization markers, connectivity, and orchestration systems)—performs route planning, obstacle avoidance, slot parking, and vehicle retrieval. Level 3 implementations generally retain a defined driver-responsibility and takeover framework (subject to local regulations and operational procedures), whereas Level 4 AVP enables unoccupied, unsupervised valet-style parking within the constrained domain, which is the typical target state for AVP.

Automated Valet Parking (AVP) Technology is a controlled-environment automated driving application in which an unoccupied vehicle is handed over at a designated drop-off/transfer zone and then navigates at low speed within a defined parking facility to find a parking space, park, and later return to a pick-up zone. In standards and industry practice, AVP is commonly positioned as a Level 4 automated driving use case within a prescribed area and operating boundary—prioritizing a verifiable safety case and well-defined environmental conditions rather than open-road generality.

Technically, AVP is evolving along two main paths. A vehicle-centric approach relies primarily on onboard sensing and compute to localize, plan, and maneuver inside parking facilities, reducing infrastructure dependency but increasing the burden on onboard perception and robustness across diverse garages. An infrastructure-/facility-centric approach equips the parking facility with sensors, markers, connectivity, and edge compute to perceive the environment and coordinate vehicle motion, improving controllability and accelerating commercialization in specific sites while requiring facility investment and multi-party coordination. With international standards now published, AVP is moving from one-off pilots toward more repeatable deployments, supported by clearer expectations on operating functions, environmental conditions, and performance verification.

Commercially, AVP is not a single product but a system-of-systems spanning vehicle capability, parking facility equipment, and operational services. Automakers monetize vehicle-side features and user experience; suppliers deliver sensing, control, and integration; parking operators provide site access, retrofits, and daily O&M; and infrastructure/platform providers deliver facility sensing, orchestration, and backend operations. Value capture typically comes from vehicle feature packaging, site retrofit delivery plus software/maintenance revenue, and operator-side benefits such as improved bay utilization, reduced labor, and service bundling with charging, cleaning, and concierge offerings. In practice, the party that controls orchestration—and the clarity of safety responsibility boundaries—often determines scalability.

Regionally, AVP tends to advance fastest where regulations, standardization, and controlled pilot sites converge. Europe has been active in standardization and pilots, and Germany has hosted commercially approved trials—demonstrating a compliance pathway for driverless parking within defined facilities. Overall, AVP scales more like an infrastructure rollout (replicating site-by-site) than a purely vehicle-driven feature diffusion.

This report presents a comprehensive overview of the global Automated Valet Parking (AVP) Technology market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

• Smart Vehicle
• Smart Infrastructure

Segment by Parking ODD

• Home-AVP
• Public-AVP

Segment by Vehicle

• Internal Combustion Engines
• New Energy Vehicles

Segment by Application

• Personal
• Commercial

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Automated Valet Parking (AVP) Technology market:

• Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
• Distributors, channel partners and end users in Personal, Commercial evaluating demand and sourcing options
• Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
• Government agencies, industry associations and research institutions tracking industry developments and policy impact