Vehicle Parking Meter Market Manufacturing Structure Analysis 2020 to 2025

The Global Vehicle Parking Meter Market report offers industry overview including definitions, applications, classifications, and chain structure. The report provides a comprehensive assessment of the studied market, including key trends, historic data, current market scenario, opportunities, growth drivers, potential roadmap, and strategies of the market players.  The report further includes regional analysis to evaluate the global presence of Vehicle Parking Meter Market.

In order to simplify the industry analysis and forecast estimation for the Vehicle Parking Meter Market, our research report delivers well-defined market scope and systematically developed research methodology.

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Product Type Insights:

In view of Product types, the market has been portioned into legacy meters and smart meters. The legacy meters section is the biggest portion, regarding income, and may rule the innovation field, as far as size, by 2025.

The smart meters segment should observe impressive development and rule the market (regarding development rates) over the conjecture time frame. In any case, factors, for example, the proliferation of digital payment technologies and the increasing adoption of integrated automated solutions along with the several advancements in wireless technologies drives growth of the segment.

Consolidations, product launches, and acquisitions, to accomplish enhanced coverage of vehicle parking meter and to improve product insurance portfolio, have advanced as a significant piece of the current vehicle parking meter industry. For example, in January 2020, Klaus Multiparking, one of the leading manufacturers of parking systems in the world collaborated with Lendlease, a multinational construction, property, and infrastructure company and MACE to develop MasterVario R3L, a fully automatic parking system at Rathbone Square, London.

End Use Insights

In light of end use, the market is categorized into government institutions, parks, hospitals, malls & stadiums, transit systems, and others. The government institutions section is the biggest portion, regarding income, and may rule the innovation field, as far as size, by 2025.

On the other hand, among the sub-segments, the parks is ready to observe highest growth rates. This is mainly attributed to the high demand for vehicle parking meter in the parks due to rising disposable income among the growing population.

The malls & stadiums and transit systems portions may observe critical development rates. This may be due to the emerging smart parking systems with the high level of flexibility and convenience along with mobile payment options.

Regional Analysis:

The global Vehicle Parking Meter Market is segmented as The regional segmentation of the market includes

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.

The Following are the Key Features of Global Vehicle Parking Meter Market Report:

• Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
• Growth Drivers and Barriers, Market Trends & Market Opportunities
• Porter’s Five Forces Analysis & Trade Analysis
• Market Forecast Analysis for 2020-2025
• Market Segments by Geographies and Countries
• Market Segment Trend and Forecast
• Market Analysis and Recommendations
• Price Analysis
• Key Market Driving Factors
• VEHICLE PARKING METER Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

Key Players:

This section of the report includes a precise analysis of major players with company profile, market value, and SWOT analysis. The report also includes manufacturing cost analysis, raw materials analysis, key suppliers of the product, mergers & acquisitions, expansion, etc. Following companies are assessed in the report:

• Cale Access AB,
• CivicSmart, Inc.,
• POM Inc.,
• LocoMobi Inc, 
• J. MacKay Canada Limited, 
• METRIC Group Ltd,
• IPS Group, Inc., 
• Parkeon S.A.S.,
• Ventek International, 
• Parking BOXX,

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