openPR Logo
Press release

Vehicle Parking Meter Market Growth with Worldwide Industry Analysis to 2028

05-17-2019 09:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Vehicle Parking Meter Market Growth with Worldwide Industry

Vehicle Parking Meter Market Insights

Vehicle parking meter are the devices that are used to maintain parking availability in public, private & commercial spaces. Vehicle parking meter collect the cash and in exchange provide a particular place for a vehicle for a limited amount of time. Vehicle parking meter has many payment option such as pay by phone, pay by card or cash. The aim of installing vehicle parking meter is to regulate parking spaces in a manner that avoid the traffic congestion and improving traffic circulation. These meter can install in single-space or multi-space according to the need of end use sector.

In current scenario, due to rapid modernization and demand for automobile from domestic to commercial sectors, significantly increases the parking congestion which in turn propel the demand for vehicle parking meter.

Get Free Exclusive Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2342

Vehicle Parking Meter Market: Market Dynamics

Non Residential sectors such as malls, hospitals, restaurants etc. hold the prominent market share vehicle parking meter market. Owing to easy access for payment, the demand for smart meters is increasing which in turn is expected to fuel the growth of vehicle parking meter market. Moreover, in some countries, parking service providing companies are developing new solutions that reducing the parking congestion and also reserve the guaranteed parking spaces. This factor is expected to create significant growth opportunity for vehicle parking meter market. Vehicle parking meter are also in demand in the government space for security purpose, which is another factor which accelerate the growth of vehicle parking meter market over the assessment period.

One of the primarily factor that driving the growth of vehicle parking meter market is increasing number of automobiles in use, high disposable income leading to improved sales of automobiles on a yearly basis and the need to adopt advanced technology for improved traffic mobbing. Other factors promoting the growth of vehicle parking meter market are growing urbanization and infrastructure development in the emerging regions.

The repairing and maintenance of vehicle parking meter need skilled technician to fix out the problem and the complex electronic circuitry due to which they are to be replaced instead of repairing, is one of sighted factors that affect the global vehicle parking meter market. However, the trend to use a better technology and equipment to get the proper traffic circulation result in increase the demand of vehicle parking meter market in the forecast period.

Ask For Customized Report @ https://www.factmr.com/connectus/sample?flag=RC&rep_id=2342

Vehicle Parking Meter Market: Regional Outlook

Among all regions, North America is expected to dominate the vehicle Parking Meter market, owing to high installation rate of smart vehicle parking system in U.S. and Canada. This factor is coupled with government initiation of controlling parking congestion. These factors are estimated to boost the demand for vehicle parking meter market over the forecast period. Europe holds a prominent share for the vehicle parking meter market especially in EU nations, due to increasing concern regarding parking concern. Growing automotive fleet in the developing countries of Asia Pacific is expected to contribute considerable share throughout the forecast period, due to growing urbanization and infrastructure development. Latin America, Middle East and Africa are estimated to grow with significant growth rate, owing to increasing urbanization and economic growth in the nearby future.

Vehicle Parking Meter Market: Market Participants

Examples of some of the market participants identified across the value chain of the global vehicle parking Meter Market includes:

Meypar USA Corp.
Parking BOXX
Parkeon
Meisel Holdings LLC
IPS Group, Inc.
RJS Parking Products
Gamesa Electric
Ditech Srl
Data Parl Inc.
Duncan Parking Meter

You can Buy This Report from Here @ https://www.factmr.com/checkout/2342/

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/

Read Industrial News : http://insiderstribune.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vehicle Parking Meter Market Growth with Worldwide Industry Analysis to 2028 here

News-ID: 1743170 • Views: 124

More Releases from Fact.MR

03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2572 We leverage space-age industrial and digitalization tools
Marine Seats Market Growing Demand to Impact Revenue Share during 2018 2028
The new report on the marine seats market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2013 - 2017. According to the report, the marine seats market is projected to grow at 4.6% CAGR through 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of

All 5 Releases


More Releases for Vehicle

Electrical Vehicle Business
India is exploring the market acceptance and industry dynamics of the electric vehicles manufacturing and servicing sector, both are at an early stage, as domestic OEMs are just started launching EV models and the acceptance is growing slowly. The government policies like rolling out new taxes and awareness about these vehicles will improve the interests significantly which will accelerate the segment’s profitability. Although India’s CO2 emission levels from electricity generation are
Reliable Vehicle Performance Testing
Grant Squirrel Ensures Safety and Robustness of Product Line CAS DataLoggers provided a major automobile manufacturer with the data logging solution for its rigorous vehicle performance testing. As part of the testing of any new vehicle, sample units were typically subject to a variety of endurance and durability tests to identify any potential weak points or failure modes and chart their performance. To gather the most detailed record of a car’s
Vehicle Tracking Market
Vehicle Tracking Market – Global Industry Analysis and Forecast (2017-2026) – By Product, Vehicle, Technology, Application and Region. Vehicle Tracking Market size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. Vehicle tracking market size is estimated
Vehicle Detectors Market
https://www.qandqmarketresearch.com/reports/7194018/vehicle-detectors-market-104 Vehicle detectors sense the presence of vehicles. They provide an output signal to a control unit, such as a gate or door operator, to open or close. When used as a safety device, vehicle detectors prevent a gate or door from closing on a vehicle. Global Vehicle Detectors market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast
Worldwide Technology: Vehicle-To-Vehicle (V2V) Communication Market 2018
Qyresearchreports include new market research report "Global Vehicle-To-Vehicle (V2V) Communication Market Research Report 2018" to its huge collection of research reports. A holistic and detailed overview of the global Vehicle-To-Vehicle (V2V) Communication market that includes information derived from utilizing various quantitative and qualitative analysis techniques has been compiled in this latest market report. This compilation offers its readers a great overview of the Vehicle-To-Vehicle (V2V) Communication market during a forecast period
Global Industrial Vehicle Market
Global Industrial Vehicle Market: Key Trends and Drivers Battery operated vehicles are considered as the biggest drivers for the market today. They can be easily adopted in industries since they’re relatively more economical during operation with low maintenance cost, and work more efficiently. The global industrial vehicle market is characterized by innovative, automated and eco-friendly vehicle. Evolving requirements of material-handling vehicles globally trends the industrial vehicle market growth.