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Parking Meter Market Global Industry Analysis, size, share and Forecast 2017-2025

09-12-2017 08:59 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Parking Meter Market Global Industry Analysis, size, share

Parking meter is a revenue collection device installed in the parking area where the vehicle owners pay for the space allotted to them. The conventional parking meter comprising of a timer, coin collector is set on a pole at the entrance of a parking space. The main ideology behind setting up a parking meter is to accommodate parking management along with collecting revenue from its installation. Both private and public agencies install parking management solutions in areas with highly indicated traffic. Parking meter is a device being part of such smart parking systems.

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The parking meter device is expected to have high call since a gap exist in demand and supply of parking space. This is due to area allotted for parking space is limited and parking demand for increasing vehicles on road is increasing day by day. For instance, these parking meters are also finding its application into household segment due to increasing community living concept. Hence, it becomes necessary to implement such smart parking options when large number of inhabitants live in a township kind of ecosystem. Accordingly, increasing adoption of parking meter across wider applications is expected to drive the parking meter market. Another factor that would be driving the parking meter market is the flexible payment options such as coins & notes, card payments, smart card by parking space provider, etc. It becomes a challenge for the parking space provider/agency to personally collect coins & notes from each parking meter. Additionally, the operating policies of each player in the market may be differing and this creates a limitation in the effective designing of parking meter for each parking space agencies. However, the new technological innovations in the parking meter devices are allowing more public system agencies to install these devices. Technological elements such as smart apps, energy efficient eco-design, user-interface choices, etc. are incorporated into parking meter.

The parking meter market is segmented on the basis of payment type, power type, parking mode, and application. Segmentation based on payment type incudes coins & notes, card payments, smart cards and others. Users can pay for the parking space allotted to them by conventional system of coins & notes, by using their debit/credit cards or by the smart cards issued by the parking space provider where users can add money to it.  Additionally, the power type segment can be further bifurcated as battery, electric and solar. Besides, the parking meter can be segmented on the basis of parking mode such as pay & display, by plate, by space, and others. Pay & display option is the simplest one allowing the car user to pay for the parking space and get a ticket displaying the details on the customer’s dashboard. By plate segment, the customer enters the details of his car number plate and details are automatically shown on the dashboard. The customer can also use the option of space segment to pay for the required space to park the vehicle. Furthermore, this market can be segmented on the basis of applications such as municipalities, hospitals, parks & recreation, events, transit systems, and others (hotels, institutions, housing, etc.). Geographically, the study of parking meter market is segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America.

Some of the key players in the parking meter market are T2 Systems, Inc., Parkeon, Inc., J.J. MacKay Canada Limited, METRIC Group Ltd, Global Parking Solutions USA, IPS Group Inc., Westco Parking Technologies, Inc., Shenzhen Horoad Electronic Technology Development Co., Ltd., POM, Inc., Parx Ltd, CDS Worldwide Pty Ltd, Guangzhou COMA Electronics Co. Ltd, Ventek International, Inc., RTB GmbH & Co.KG, Hectronic GmbH, Cale Access AB and IEM SA.

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09-12-2017 07:59 PM CET - Health & Medicine
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Baby Diapers Market Research Report | Analysis & Trends 2017
Press release from: Transparency Market Research

Transparency Market Research’s new market research report, titled ‘Baby Diapers Market - Middle East, Africa and India, Industry Scenario, Size, Share, Value Chain Analysis & Forecast 2011 - 2017’, provides comprehensive analysis of the market, the market’s breakdown by various parameters, market size estimates, and forecast for the period from 2012 to 2017. The report includes a study of three high-potential markets, namely the Middle East, India, and Africa, recognized for their active contribution to the growth of the baby diapers market.

Browse the full Baby Diapers Market - Middle East, Africa and India, Industry Scenario, Size, Share, Value Chain Analysis & Forecast 2011 - 2017 report @


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According to the research study, the Middle East, Africa, and India baby diapers market the expected to grow rapidly within the next two years. The market is expected to reach a market value of US$1.9 bn by 2017, growing at a CAGR of 11.60% between 2012 and 2017. By volume, these regions are expected to observe diaper sales worth approximately US$8 bn annually by 2017.

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Of the three regional markets studied by the analysts, the market for baby diapers in Africa is expected to grow at a robust pace during the forecast period. The growth of this market in Africa will be due to factors such as the growing proportion of women in the country’s workforce, the rising number of children in the age group of 0-4 years, and the growing disposable incomes of middle-class families. The baby diapers market is also growing due to the vast availability of cheap raw materials and immense growth opportunities in Africa. This will encourage major baby diaper companies in the region to invest positively in Africa over the forecast period.

The increasing per capita incomes in Africa are another growth factor leading to rising demand for baby diapers in the overall region. According to the TMR analysts, the baby diapers market in Africa was valued at US$0.6 bn in 2011 and is further expected to reach a market value of US$1.1 bn in the next two years. Over the forecast period, the Africa baby diaper market is expected to witness a year-on-year growth rate of nearly 85%. The report analyzes the market for baby diapers in nine major regions in depth

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These include the Middle East, India, Sudan, Tanzania, Nigeria, Kenya, Egypt, Rwanda, and Angola. It also provides information about the various segments of the market based on the product types. The main types of baby diapers available on the market are swim pants, cloth diapers, training nappies. Some of the other types of disposable diapers include super-absorbent, biodegradable, and ultra-absorbent diapers. Of all, the disposable baby diapers product segment is growing rapidly in India’s baby diapers market. This segment took up a 78% share in the baby diapers market in 2011, of which 95.8% was held by branded baby diaper products from Kimberley Clark and some other leading companies in the global market.

On the other hand, despite a lower birth rate in the Middle East, the high per capita disposable income in this region is a leading factor expected to boost the growth of the baby diapers market. The market in the Middle East is expected to grow at a CAGR of 71.9% over the forecast period.

Baby Diapers Market Report is available @ US$ 5795

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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