Global Parking Meter Market Growth 2023-2029

Global Parking Meter Market Growth 2023-2029

Parking meter is a device used for collecting revenue in exchange for parking a vehicle at a particular place for limited time.
LPI (LP Information)' newest research report, the “Parking Meter Industry Forecast” looks at past sales and reviews total world Parking Meter sales in 2022, providing a comprehensive analysis by region and market sector of projected Parking Meter sales for 2023 through 2029. With Parking Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parking Meter industry.
This Insight Report provides a comprehensive analysis of the global Parking Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parking Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Parking Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parking Meter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parking Meter.
The global Parking Meter market size is projected to grow from US$ 5335.2 million in 2022 to US$ 8141.7 million in 2029; it is expected to grow at a CAGR of 8141.7 from 2023 to 2029.
The North America, Europe and Asia have 80% of the market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Parking Meter market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Parking Meter (Single Space)
Parking Kiosks (Multi Space)
Segmentation by application
Government Institutions
Hospitals
Parks
Transit Systems
Malls & Stadiums
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FLOWBIRD
POM Inc.
Hectronic
Kinouwell Tech
IEM
METRIC Group Ltd
J.J. MacKay Canada Limited
IPS Group, Inc.
Shenzhen Horoad Electronic Technology
Ventek International
Parking BOXX
CivicSmart, Inc.
LocoMobi Inc
Key Questions Addressed in this Report
What is the 10-year outlook for the global Parking Meter market?
What factors are driving Parking Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parking Meter market opportunities vary by end market size?
How does Parking Meter break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.