THS Parking Solutions

What THS Parking Solutions does

THS Parking Solutions Co., Ltd. is a Thai private limited company headquartered in Samut Prakan that designs, supplies, installs, and maintains automated parking systems (APS) for high-density developments in Thailand. It is the parking solutions division of the Teo Hong Silom Group, founded in 1974, and was established in 2010 to address growing demand for automated vehicle storage in Bangkok. The company distributes and integrates technology from South Korea's Samjung Tech (a Samsung subsidiary) under a partnership formed in 2012, operating as Samjung Tech's Thai channel partner rather than as an in-house IP originator.

Its product portfolio comprises six computer-controlled automated parking architectures: CART Parking (lift plus horizontal cart, 80-100 cars per lift), Elevator Parking (vertical lift with side parking, ~72 cars, 2-minute cycle), Box Parking (tray-based, 20-40 cars per unit), Translator/Robot Parking (bidirectional robot, up to 100 spaces, 1-minute cycle), Puzzle Parking (space-efficient modular grid), and Carbot Parking (multi-floor trolley system). These are deployed in new-build residential condominiums, hotel, and mixed-use commercial projects, with the largest single installation being the 485-space MahaNakhon (Pace Development) completed in 2016. Cumulative installed base is reported at more than 8,000 parking spaces across 30+ completed and ongoing projects.

The business model is project-based one-time system sales (design, equipment supply, installation) supplemented by recurring maintenance contracts. Go-to-market is direct B2B enterprise sales to Thai property developers, with the customer base concentrated among leading Thai-listed developers such as Origin Property, Ananda Development, Sansiri, Singha Estate, Supalai, SC Asset, and Pace Development, plus selected hospitality operators such as Hyatt. Pricing is not publicly disclosed and is determined per project based on system type, space count, and building specifications. The company claims the No. 1 position in Thailand's automated parking system market (per 2017 ranking) and operates with a disclosed headcount of approximately 5 employees, relying on parent-group affiliates for installation execution.

Name

THS Parking Solutions

Legal name

THS Parking Solutions Co., Ltd.

Website

https://thsparking.co.th

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

THS Parking Solutions designs, supplies, installs, and maintains automated parking systems for Thai residential, hotel, and mixed-use developments under a technology partnership with South Korea's Samjung Tech. It serves leading Bangkok developers including Origin Property, Ananda Development, Pace Development, Sansiri, and Singha Estate.

Ownership category

akta.pro rank

Product category

Automated Parking Systems

NAICS

Parking Lots and Garages (812930)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC)

akta.pro secondary industries

Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB), Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA)

Keywords

• Automated parking systems
• Mechanical parking equipment
• Robotic parking solutions
• Car stacker systems
• Parking management services

Headquarters

HQ city

Samut Prakan

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Automated Parking System Installation: Design, supply, and installation of automated parking systems for new construction projects. Equipment includes lifts, trolleys, robots, and control systems.
2. Maintenance Services: Ongoing maintenance and support services for installed automated parking systems.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

THS Parking Solutions Co., Ltd. (บริษัท ทีเอชเอส พาร์คกิ้ง โซลูชั่น จำกัด) designs, manufactures, installs, and services automated and mechanical parking systems for the Thai market. The company supplies six distinct system types — Cart, Elevator, Box, Translator, Puzzle, and Carbot (robotic underground) parking — and has cumulatively delivered more than 8,000 parking spaces across over 30 projects as a parking subsidiary of the Teo Hong Silom Group.

Product overview

THS Parking Solutions offers a portfolio of six automated parking system products designed for residential, commercial, and hotel developments. The core offerings include CART PARKING (lift + cart system for simultaneous vertical/horizontal movement), ELEVATOR PARKING (elevator with side parking spots), BOX PARKING (compact tray-based system), TRANSLATOR PARKING (robot-based system), PUZZLE PARKING (space-efficient configuration), and CARBOT PARKING (multi-floor cart type). These systems are computer-controlled and installed in partnership with major Thai real estate developers including Ananda Development, Origin Property, SC Asset, and Singha Estate.

Differentiator

Problem solved

Functional benefit

Products and services

• Cart Parking System
• Elevator Parking System
• Box Parking System
• Translator Parking System
• Puzzle Parking System
• Carbot Parking System
• Parking System Installation and Maintenance Services

Quantifiable outcome

• Up to 100 parking spaces per lift with Translator/Robot system
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Samjung Tech (Samsung Subsidiary)coreTechnology or Integration · 1 January 2012Strategic technology partnership with South Korean company Samjung Tech, which is owned by Samsung. Samjung Tech is one of the top automatic car parking system manufacturers globally, awarded Korea's best brand certification, Technological Innovation Company from KITECH, Management Innovation Business (MAIN-BIZ), and ranked Top 3 of Automatic Parking Systems manufacturers in South Korea. THS distributes and installs their technology in Thailand.
• Origin Property Public Co., Ltd.flagshipStrategic or Co-development PartnerLong-term strategic partnership with Thailand's leading property developer Origin Property. Multiple completed projects including Knightsbridge Sky River Ocean (170 spaces), Knightsbridge Prime Sathorn (491 spaces), Park Origin Thonglor towers, Knightsbridge Prime Ratchayothin, Knightsbridge Prime Onnut, Knightsbridge Space Rama9, and more ongoing developments.
• Ananda Development Public Co., Ltd.flagshipStrategic or Co-development PartnerStrategic partnership with Ananda Development for automated parking systems in Ashton Residence 41 (108 spaces), Ideo Phaholyothin-Chatuchak (first Ideo project with automated parking, 260+ spaces), Ideo Q Victory (204 spaces), Ideo Q Sukhumvit 36 (266 spaces).
• Teo Hong Silom GroupcoreStrategic or Co-development PartnerParent company established since 1974 by Mr. Phaisan Sirirat-usdorn. Core member of Teo Hong Silom Group of companies with nearly 50 years of business experience in Thailand. Group includes Thai Takasago, SS Integration, Prompt Techno Services, and THS Development.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Klaus Multiparking: German-headquartered global leader in automated mechanical parking systems (lifts, pallets, robots). Direct competitor on the same product category (automated/mechanical parking), serving real estate developers and hotels across residential and commercial projects, just as THS does in Thailand.
• Wöhr: German automated parking systems manufacturer with a broad portfolio of mechanical stackers, lifts, and rotary systems for residential and commercial developments. Closely comparable to THS's Cart, Elevator, Box, and Puzzle product lines.
• Skyline Parking AG: European automated parking systems provider offering lifts, sliding platforms, and rotary systems. Comparable in delivering fit-for-purpose APS solutions to developers across residential and hospitality use cases.
• Robotic Parking Systems: US automated robotic parking manufacturer specializing in high-capacity, multi-level robotic systems for residential, hotel, and commercial projects. Comparable on technology (robot-based vehicle movement) and target customer (developers/landmark projects).
• Park Plus Inc. US-based designer and installer of automated parking systems serving real estate developers and mixed-use projects. Directly comparable business model of design-supply-install of mechanical APS for urban high-density developments.

Broad incumbents

• Mitsubishi Heavy Industries: Diversified Japanese industrial major with mechanical/automated parking equipment offerings. Broad incumbent providing overlapping APS capability within a much wider industrial portfolio, comparable to THS's elevator and translator systems.
• IHI Corporation: Japanese industrial conglomerate with an automated/mechanical parking systems division. Broad incumbent that overlaps with THS on the same core technology but operates as one of many business lines, serving Asian markets at scale.

Emerging players

• Smart Parking Limited: New Zealand/Australia-headquartered sensor- and software-driven smart parking technology provider (occupancy sensors, guidance, enforcement). Emerging player in an adjacent smart-parking category that competes for developer mind-share against mechanical APS like THS's offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/thsparkingsolutions
• LinkedInlinkedin.com/company/ths-parking-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about THS Parking Solutions