Parking Meter Market Projected to Gain Significant Value by 2021-2026

The Global Parking Meter Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

The Parking Meter market is anticipated to grow with a CAGR of 6.1%, during the forecast period.

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Key Players:

FLOWBIRD, Ventek International, POM Inc., Kinouwell Tech, IEM, Hectronic, IPS Group, Inc., METRIC Group Ltd, Shenzhen Horoad Electronic Technology, J.J. MacKay Canada Limited, Parking BOXX, LocoMobi Inc, CivicSmart, Inc. and others.

Segment by Types:

Parking Meter (Single Space)

Parking Kiosks (Multi Space)

The segment of parking kiosks(Multi space) holds a comparatively larger share in global market, which accounts for about 74%.

Segment by Applications:

Government Institutions

Hospitals

Parks

Transit Systems

Malls & Stadiums

Other

The transit systerms, malls and stadiun, prak hold an important share in terms of applications, and accounts for 60% of the market share.

Regions Are covered By Parking Meter Market Report 2021 To 2026

For comprehensive understanding of market dynamics, the global Parking Meter market is analyzed across key geographies namely: North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

The study objectives of this report are:

To study and analyze the global Parking Meter size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2026, and forecast to 2028.
To understand the structure of Parking Meter by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Parking Meter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Parking Meter with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Parking Meter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Key Reasons to Purchase Parking Meter Market Report:

-The report analysis by geography highlighting the consumption of the product/service within the region also as indicating the factors that are affecting the market within each region
-The report provides opportunities and threats faced by the vendors in the global Parking Meter Industry
-The report indicates the region and segment that's expected to witness the fastest growth
Competitive landscape includes the market ranking of the main players, along with new product launches, partnerships, business expansions, and acquisitions.
-The report provides extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the main market players
-The report gives the present as well as the future market outlook of the industry regarding recent developments, growth opportunities, drivers, challenges, and restraints of both emerging also as developed regions

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketIntelligenceData provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketIntelligenceData provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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