Smart Parking Meter Market Next Big Thing | Major Giants CivicSmart, Ventek International, Robert Bosch


Advance Market Analytics published a new research publication on “Smart Parking Meter Market Insights, to 2026″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart Parking Meter Market was mainly driven by the increasing R&D spending across the world.


Some of the key players profiled in the study are:

Cale Access AB (Sweden),Hoeft & Wessel AG (Germany),CivicSmart, Inc. (United States) ,J.J. MacKay Canada Limited (Canada),Parkeon S.A.S. (Paris),LocoMobi Inc. (Canada),Ventek International (United States),Worldwide Parking, Inc. (United States),Robert Bosch GmbH (Germany),Continental AG (Germany),Aisin Seiki (Japan),Siemens AG (Germany)


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Scope of the Report of Smart Parking Meter

The smart parking meter is an electronic device that records the total time purchased for the parking of the vehicle. Rising need for managing heavy traffic flow and increasing government initiative towards a smart parking system driving the demand for smart parking meters. For instance, Madison city’s parking division installed over 650 smart parking meters in the Madison for efficient management of the parking system. Further, technological advancement such as the emergence of IoT in the smart parking systems and increasing demand from the developing economies expected to drive the demand for smart parking meters over the forecasted period.


Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Smart Parking Meter Market various segments and emerging territory.


Market Trend:

Emphasizing On Development of Advanced Parking Solutions

Emergence of Sensor Technology in the Smart Parking Meter


Market Drivers:

Increasing Demand of Smart Parking Meter to Manage Heavy Traffic

Growing Urbanization and Motorization



Lack of Suitable Infrastructure in the Low and Middle Income Group Countries



Emergence of Industry 4.0

Rising Demand from the Developing Economies


The titled segments and sub-section of the market are illuminated below:
by Type (Single Space Meters, Multi-Space Meters), Application (Government Institutions, Medical Institutions, Malls & Stadiums, Transit Systems, Residential, Others), Parking Mode (Pay & Display, Plate, Space, Others)


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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.


Strategic Points Covered in Table of Content of Global Smart Parking Meter Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Smart Parking Meter market

Chapter 2: Exclusive Summary – the basic information of the Smart Parking Meter Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Smart Parking Meter

Chapter 4: Presenting the Smart Parking Meter Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Smart Parking Meter market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Smart Parking Meter Market is a valuable source of guidance for individuals and companies in decision framework.


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Key questions answered

  • Who are the Leading key players and what are their Key Business plans in the Global Smart Parking Meter market?
  • What are the key concerns of the five forces analysis of the Global Smart Parking Meter market?
  • What are different prospects and threats faced by the dealers in the Global Smart Parking Meter market?
  • What are the strengths and weaknesses of the key vendors?

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