Parking Meter Market (Updated Version Available)

Overview Of Parking Meter Market

Parking meter is a device used for collecting revenue in exchange for parking a vehicle at a particular place for limited time. Parking meters can be used as a tool for enforcing the street parking policy by municipalities. Parking meters are generally installed in high traffic areas. Parking meters are part of both public and private agencies\\\' parking management solutions. Public infrastructure such as transit stations, libraries, stadiums, tourist attractions, civic buildings, universities and hospitals generate high parking demand which is major driver for parking meter market. Traffic congestion caused by vehicles is an alarming problem both in developed as well as developing countries.

The latest research Parking Meter Market and Competitive Landscape Highlights - 2024, The report offers the most up-to-date industry data on emerging trends, market drivers, growth opportunities, revenue forecasts, and regulations. It also helps to identify what factors are driving competition in the market. it also includes forecasts for the next five years across the whole market and its segments. The Parking Meter Market report is a trusted business intelligence tool that provides full coverage of this industry., in addition, this report contains a deep analysis of the Parking Meter markets and clear insight into current and future developments also the competitive situation among the vendors and companies.

The report also includes a review of micro and macro factors essential for the existing Parking Meter market players and new entrants along with a detailed value chain analysis. This research study involved the extensive usage of both primary and secondary data sources. The Parking Meter Market research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.

The report forecast the global Parking Meter markets to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2024-2032.

The Parking Meter Market report provides valuable and comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis. Present and historical as well as future trends of global and countries markets are considered. Also Report a complete study of current trends in the Parking Meter market, industry growth drivers, and restraints. It provides Parking Meter market projections for the coming years. It includes an analysis of recent developments in technology, Porter\\\'s five force model analysis, and detailed profiles of top industry players.

Competitive Rivalry

Parking Meter Market witnesses a high level of competition leading to industry consolidation. Various manufacturers have launched new products for specific end-use applications, etc. The market players are involved in adopting various strategies such as new product launches, partnerships, expansions, and R&D (Research & Development) in order to develop their business and survive in the long run. In addition, competitors present in the market are large conglomerates and are strategically present in the diversified market, which further leads to intense competition in the global market. All these factors demonstrate that there is a high degree of competition in the overall Parking Meter Market.

Parking Meter Market Key companies profiled:-
Cale Access AB
CivicSmart, Inc.
IPS Group, Inc.
LocoMobi Inc
J.J. MacKay Canada Limited
METRIC Group Ltd
Parkeon S.A.S.
Parking BOXX
POM Inc.
Ventek International
Worldwide Parking, Inc.



Key Segmentation of Parking Meter Market:

Market by Type
Parking Meters
Parking Kiosks

Market by Application
Government Institutions
Hospitals
Parks
Transit Systems
Malls & Stadiums
Others

By Region
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]



The research provides answers to the following key questions:
• What are the prominent leaders in the market?
• What is the share and the growth rate of the Parking Meter market during the forecast period?
• What are the future prospects for the Parking Meter industry in the coming years?
• Which trends are likely to contribute to the development rate of the industry during the forecast period, 2024 to 2032?
• What are the future prospects of the Parking Meter industry for the forecast period, 2024 to 2032?
• Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
• What are the major factors responsible for the growth of the market across the different regions?
• What are the challenges faced by the companies operating in the Parking Meter market?

Table of Content

Parking Meter Market â€\" Overview
1.1 Market Introduction
1.2 Market Research Methodology
1.2.1 Research Process
1.2.2 Primary Research
1.2.3 Secondary Research
1.2.4 Data Collection Technique
1.2.5 Data Sources
1.3 Market Estimation Methodology
1.3.1 Limitations of the Study
1.4 Product Picture of Parking Meter
1.5 Global Parking Meter Market: Classification
1.6 Geographic Scope
1.7 Years Considered for the Study

Parking Meter Market â€\" Executive Summary
2.2 Business Trends
2.3 Regional Trends
2.4 Type Trends
2.5 Sales Channel Trends
2.6 Application Trends

Parking Meter Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Industry Value Chain
3.5 Key Technology Landscape
3.6 Regulatory Analysis
3.7 Porter\\\'s Analysis
3.8 PESTEL Analysis
3.9 Covid-19 impact on Parking Meter demand
3.10 Covid-19 impact on Global Economy
3.11 Covid-19 short and long term impact
3.12 Impact Analysis of the Russia-Ukraine Conflict

Parking Meter Market Analysis Forecast by Type
4.1 Global Parking Meter Segment by Type
4.2 Global Parking Meter Revenue Market Share (%), by Type

Parking Meter Market Analysis Forecast by Application
5.1 Global Parking Meter Segment by Application
5.2 Global Parking Meter Revenue Market Share (%), by Application

Parking Meter Market by Players
6.1 Global Parking Meter Market Revenue Share (%): Competitive Analysis,
6.2 Global Parking Meter Market: Merger and Acquisition
6.3 Global Parking Meter Market: New Product Launch
6.4 Global Parking Meter Market: Recent Development

Parking Meter by Regions
7.1 Global Parking Meter Market Overview, By Region
7.2 Global Parking Meter Market Revenue (USD Million)
7.3 North America
7.4 Asia Pacific
7.5 Europe
7.6 Latin America
7.7 Middle East & Africa

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Note â€\" We also provide customized reports according to customers specific requirements. We also provide customization for regional and country-level reports individually. In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.