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Parking Meter Market is expected to reach US+$16,450 mn by 2025

Global parking meter market is expected to expand at a CAGR of +6 % during the forecast period from 2017 to 2025 and is expected to reach US+$16,450 mn by 2025.
Published 08 June 2018

Global Parking Meter Market is an all-inclusive study of the business sectors latest outlines, industry growth drivers, and inadequacies. 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.

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Global parking meter market is expected to expand at a CAGR of +6 % during the forecast period from 2017 to 2025 and is expected to reach US+$16,450 mn by 2025.

Performance of the key product and application segments of the market in each regional market has been clarified in the report. In like manner, each territorial market's competitive dynamics have been expounded upon by giving data about the progression among the main players operating in it. This gives a careful granular investigation of the Global Parking Meter Market. The report likewise grants estimates to 2018-2025 for every product, application, and topographical segments of the worldwide market

Some of the major players operating in the market: 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.

Report moreover includes the growth trends in the overall Parking Meter market. Variables, for instance, new project speculations, the achievability of new tasks, import, export, supply, and sale cost are moreover explored in the report. The consumption value and consumption volume of the market is investigated on the premise of application, type, and region. North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa have been identified at the prominent regional markets for Parking Meter in the research study. The market report presents a study of the current status of these regional markets on the basis of various significant market verticals such as the industrial volume

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The report covers vast data pertaining to the vendor landscape of the Global Parking Meter Market. Covering data pertaining to recent developments in the market in terms of products and services, the introduction of new product varieties, leading vendors, and crucial new vendors trying to penetrate the market. The report also includes results obtained from the market attractiveness analysis and analyzes business profiles of some of the leading companies operating in the global market. Information thus included in the report is intended to help the existing and new market players in formulating effective business plans and strategies.

Table of Content:

Chapter 1 Parking Meter Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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