Core Viewpoint - The mechanical parking garage industry in China is facing significant challenges, with declining revenues and underutilization of existing facilities, despite initial optimism about their potential to alleviate urban parking shortages [2][4][5]. Industry Overview - The mechanical parking garage was initially seen as a solution to the urban parking crisis due to land scarcity and high costs associated with traditional parking lots [1][4]. - National policies have been established to encourage the development of mechanical parking systems, but practical implementation has not met expectations [1][4]. Company Performance - Five Yang Control's revenue from mechanical parking services has decreased from over 1 billion yuan in 2020 to 550 million yuan in 2024 [2][6]. - Sanpu Co., Ltd. reported a drop in mechanical parking-related sales from 160 million yuan in 2022 to 81.27 million yuan in 2024 [2][6]. - Dongjie Intelligent's revenue from smart mechanical parking systems has also seen a decline, with figures dropping from 150 million yuan in 2021 to just 406,240 yuan in 2024 [6][7]. Utilization Issues - Despite the construction of over 12,000 mechanical parking garages nationwide, the actual usage rate is below 62%, with some areas experiencing vacancy rates as high as 45% [5][9]. - Many drivers prefer traditional parking spaces over mechanical garages, leading to significant underutilization of the latter [5][9]. Design and Operational Challenges - Mechanical parking garages often have design flaws, such as insufficient space for larger vehicles, which discourages usage [8][9]. - The operational complexity and maintenance requirements of mechanical systems contribute to inefficiencies, with users experiencing longer wait times for retrieving vehicles [9][10]. Market Potential and Future Outlook - Despite the current challenges, there remains a significant parking space shortage in urban areas, with an estimated gap of over 80 million parking spots nationwide [14][15]. - Innovative designs and improved technology could enhance the appeal and functionality of mechanical parking garages, potentially addressing both parking difficulties and financial viability [12][13][15].

在两米宽的机械式立体车库（以下简称机械车库或立体车库）面前，有着十余年驾龄的王力费劲地操纵 着他那部1.96米宽的SUV（运动型多用途汽车），怎么看都像一名新手。前后腾挪、左右移动、调整车 尾……一番挣扎后，王力还是放弃了把车停上机械车库的计划。为了避免轮毂被剐蹭，他决定寻找下一 个停车场，哪怕为此要多走上一段路。 王力的这段停车插曲，也是当下不少车主的困扰——开车容易停车难，机械车位停起来"比考驾照还 难"。 过去多年，我国城市用地紧缺，而普通的平面停车场占地面积大，用地成本高，在用地集约化的背景 下，机械式停车设备优势明显。这种立体式车库曾被寄望为缓解车位紧张的"灵丹妙药"，国家层面也制 定了大量的政策鼓励和支持。 但设计缺陷、存取耗时导致的不良体验感，让机械车库陷入尴尬。记者在广州、深圳的多个机械车库内 发现，与平面车位被停满的情况相比，这些机械车库内很容易找到空位。在广州的一些核心商业地段， 一个平面车位月租费为1800元，而一个机械车库车位只需1200元。 资本市场上，机械车库的故事已开始讲不动了。五洋自控（SZ300420，股价4.41元，市值49.23亿元） 的立体车库及安装服务收入由2020年 ...

Core Insights - The mechanical parking system, once seen as a solution to urban parking shortages, is facing significant challenges in user adoption and operational efficiency [4][7][21] - Companies involved in the mechanical parking sector are experiencing declining revenues, with major players like Wuyang Zikong and Sanpu Co. reporting substantial drops in income from their parking services [4][10][14] Industry Overview - The mechanical parking system was expected to alleviate parking difficulties in urban areas, but user experiences have been largely negative due to design flaws and inefficiencies [5][15] - As of early 2025, over 12,000 mechanical parking facilities have been built in China, providing more than 10 million parking spaces, yet the actual usage rate is below 62%, with some areas seeing vacancy rates as high as 45% [9][21] Company Performance - Wuyang Zikong's revenue from mechanical parking services has decreased from over 1 billion yuan in 2020 to 550 million yuan in 2024 [4][10] - Sanpu Co. has also seen a decline in its mechanical parking-related sales, dropping from 160 million yuan in 2022 to approximately 81 million yuan in 2024 [4][14] - Dongjie Intelligent's mechanical parking system revenue has significantly decreased from 150 million yuan in 2021 to just 406,240 yuan in 2024, despite a recent slight increase [12][14] User Experience Challenges - Users report difficulties with the mechanical parking system, including inadequate space for larger vehicles and slow retrieval times, which can exceed one minute even without queues [15][17] - The design of many mechanical parking systems does not accommodate the increasing size of modern vehicles, leading to frustration among users [15][16] Market Potential and Future Outlook - Despite current challenges, there remains a significant parking space shortage in urban areas, with estimates suggesting a gap of over 80 million parking spaces nationwide [22][23] - Innovations in mechanical parking technology, such as wider parking spaces and improved operational efficiency, may provide opportunities for future growth in the sector [21][22]

Core Insights - The report discusses the evolution of US tariff policies and their impact on the global rotary parking system industry, emphasizing the urgency for Chinese companies to internationalize due to domestic market saturation and global opportunities [2][3][4]. Section Summaries 1. US Tariff Policy and Industry Impact - The report defines rotary parking systems and analyzes the core aspects of US tariff policies, highlighting their effects on global supply chains and the necessity for Chinese companies to expand internationally [2][3]. - It outlines the research objectives, including analyzing policy impacts and summarizing corporate strategies for future planning [2][3]. 2. Industry Impact Assessment - The report evaluates the future trends of the global rotary parking system industry under optimistic, conservative, and pessimistic scenarios, projecting industry growth [3][4]. - It discusses the direct impacts of tariff policies on Chinese rotary parking system companies, focusing on cost pressures and supply chain restructuring challenges [3][4]. 3. Global Market Share - The report provides data on the market share and rankings of major global rotary parking system companies from 2022 to 2025, including revenue and sales volume [3][4]. - It analyzes the sales prices of rotary parking systems from 2022 to 2025, offering insights into market dynamics [3][4]. 4. Corporate Strategies - The report suggests strategies for companies to transition from export reliance to global capacity layout, including regional production networks and technology localization [4][5]. - It emphasizes the importance of supply chain resilience, market diversification, product innovation, and compliance strategies in response to tariff changes [4][5]. 5. Future Outlook - The report forecasts a reshaping of the global industry landscape and China's role within it, providing long-term trend predictions and strategic recommendations [4][5]. 6. Current Global Capacity Distribution - The report analyzes the supply and demand situation of rotary parking systems globally from 2020 to 2031, including capacity, production, and utilization trends [4][5]. 7. Market Size and Growth Potential - The report assesses the market size and growth potential of rotary parking systems in various regions, comparing sales revenue and volume from 2020 to 2031 [4][5]. 8. Overview of Major Manufacturers - The report includes profiles of major manufacturers in the rotary parking system market, detailing their production bases, sales regions, and market positions [5][6].

Core Viewpoint - The article discusses the challenges faced by multi-story parking garages in urban areas, particularly their inability to accommodate modern vehicles due to size and weight changes, leading to underutilization and safety concerns [1][7]. Group 1: Current Issues with Multi-Story Parking Garages - Many multi-story parking garages are underutilized, with significant portions of mechanical parking spaces remaining empty due to size restrictions that do not accommodate newer vehicle models [1][3]. - A specific case in Beijing shows that the dimensions for parking spaces are often too restrictive, causing car owners to avoid using these facilities for fear of damaging their vehicles [3][7]. - High maintenance costs and the need for qualified personnel to operate mechanical parking systems contribute to the abandonment of upper-level parking spaces by management [4][6]. Group 2: Financial and Operational Considerations - The maintenance costs for mechanical parking systems can be substantial, with one hospital reporting annual expenses of approximately 60,000 to 70,000 yuan for upkeep, which is not justified by the revenue generated from the parking spaces [6]. - The operational inefficiency is highlighted by the fact that many facilities do not fully utilize their available mechanical parking spaces, leading to a low utilization rate of 68.4% in one hospital [6]. Group 3: Future Directions and Innovations - The current design standards for parking garages, established in 2015, do not adequately address the growing prevalence of larger vehicles, including SUVs and electric cars, necessitating a reevaluation of design specifications [7][9]. - The industry is moving towards smarter parking solutions, such as automated guided vehicles (AGVs) and intelligent parking systems that can better accommodate modern vehicle sizes and improve user experience [9][10]. - Experts suggest that retrofitting older parking garages to enhance their functionality and integrating advanced technologies will be crucial for their continued relevance in urban settings [10].