The Global Parking Meter Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

Parking meter is a device used for collecting revenue in exchange for parking a vehicle at a particular place for limited time. Parking meters can be used as a tool for enforcing the street parking policy by municipalities. Parking meters are generally installed in high traffic areas. Parking meters are part of both public and private agencies\' parking management solutions. Public infrastructure such as transit stations, libraries, stadiums, tourist attractions, civic buildings, universities and hospitals generate high parking demand which is major driver for parking meter market. Traffic congestion caused by vehicles is an alarming problem both in developed as well as developing countries.
On the basis of parking mode, the parking meter market can be segmented into pay and display, plate, space and others. Due to greater penetration of pay & display and ease of access, pay & display held the largest market share in 2017.
As the report focuses on global Parking Meter Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

This report focuses on Parking Meter volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Parking Meter market size by analysing historical data and future prospect.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Cale Access AB
CivicSmart, Inc.
IPS Group, Inc.
LocoMobi Inc
J.J. MacKay Canada Limited
METRIC Group Ltd
Parkeon S.A.S.
Parking BOXX
POM Inc.
Ventek International
Worldwide Parking, Inc.
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Parking Meters
Parking Kiosks
In Market segmentation by applications :
Government Institutions
Hospitals
Parks
Transit Systems
Malls & Stadiums
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Parking Meter Market for the forecast period 2023 - 2030?
• What are the driving forces in the Parking Meter Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Parking Meter industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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