Report Detail
Global Parking Meter Device Supply, Demand and Key Producers, 2026-2032
- RnM4628270 |
- 22 January, 2026 |
- Global |
- 120 Pages |
- GIR |
- Automobile & Transportation
The global Parking Meter Device market size is expected to reach $ 5569 million by 2032, rising at a market growth of 5.4% CAGR during the forecast period (2026-2032).
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. The Parking Meter Device industry can be broken down into several segments, Parking Meter (Single Space), Parking Kiosks (Multi Space), etc. Across the world, the major players cover Flowbird, POM, Hectronic, etc.
Urbanization and Increased Vehicle Ownership: The rise in urban populations and the number of vehicles has led to higher demand for efficient parking management solutions, including parking meters, to address congestion and limited parking spaces.
Advancements in Smart Parking Technologies: The integration of digital payment systems, mobile applications, and real-time data analytics into parking meters enhances user convenience and operational efficiency, driving market growth.
Government Regulations and Initiatives: Municipal authorities are implementing policies to manage urban traffic and parking, including the installation of parking meters to regulate parking durations and generate revenue.
Environmental Concerns: Efforts to reduce urban congestion and emissions encourage the adoption of parking meters to manage parking availability, discourage prolonged parking, and promote the use of public transportation.
Revenue Generation for Municipalities: Parking meters provide a steady income stream for local governments, funding infrastructure projects and public services, thereby incentivizing their deployment.
Technological Innovations: Developments in contactless payments, license plate recognition, and integration with smart city initiatives make modern parking meters more efficient and user-friendly, boosting their adoption.
Increased Awareness of Efficient Parking Management: There is a growing recognition of the importance of effective parking management in reducing traffic congestion and improving urban mobility, leading to the implementation of advanced parking meter systems.
This report studies the global Parking Meter Device production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Parking Meter Device and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Parking Meter Device that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Parking Meter Device total production and demand, 2021-2032, (K Units)
Global Parking Meter Device total production value, 2021-2032, (USD Million)
Global Parking Meter Device production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Parking Meter Device consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Parking Meter Device domestic production, consumption, key domestic manufacturers and share
Global Parking Meter Device production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Parking Meter Device production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Parking Meter Device production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Parking Meter Device market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Flowbird, POM, T2 Systems, Hectronic, MacKay Meters, METRIC Group, IPS Group, Viatron, IEM, Ventek International, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Parking Meter Device market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Parking Meter Device Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Parking Meter Device Market, Segmentation by Type:
Parking Meter (Single Space)
Parking Kiosks (Multi Space)
Global Parking Meter Device Market, Segmentation by Application:
Government Institutions
Hospitals
Parks
Transit Systems
Malls & Stadiums
Others
Companies Profiled:
Flowbird
POM
T2 Systems
Hectronic
MacKay Meters
METRIC Group
IPS Group
Viatron
IEM
Ventek International
CivicSmart
Parking BOXX
LocoMobi
Horoad Electronic
Kinouwell Tech
Key Questions Answered:
1. How big is the global Parking Meter Device market?
2. What is the demand of the global Parking Meter Device market?
3. What is the year over year growth of the global Parking Meter Device market?
4. What is the production and production value of the global Parking Meter Device market?
5. Who are the key producers in the global Parking Meter Device market?
6. What are the growth factors driving the market demand?
1 Supply Summary
- 1.1 Parking Meter Device Introduction
- 1.2 World Parking Meter Device Supply & Forecast
- 1.2.1 World Parking Meter Device Production Value (2021 & 2025 & 2032)
- 1.2.2 World Parking Meter Device Production (2021-2032)
- 1.2.3 World Parking Meter Device Pricing Trends (2021-2032)
- 1.3 World Parking Meter Device Production by Region (Based on Production Site)
- 1.3.1 World Parking Meter Device Production Value by Region (2021-2032)
- 1.3.2 World Parking Meter Device Production by Region (2021-2032)
- 1.3.3 World Parking Meter Device Average Price by Region (2021-2032)
- 1.3.4 North America Parking Meter Device Production (2021-2032)
- 1.3.5 Europe Parking Meter Device Production (2021-2032)
- 1.3.6 China Parking Meter Device Production (2021-2032)
- 1.3.7 Japan Parking Meter Device Production (2021-2032)
- 1.4 Market Drivers, Restraints and Trends
- 1.4.1 Parking Meter Device Market Drivers
- 1.4.2 Factors Affecting Demand
- 1.4.3 Parking Meter Device Major Market Trends
2 Demand Summary
- 2.1 World Parking Meter Device Demand (2021-2032)
- 2.2 World Parking Meter Device Consumption by Region
- 2.2.1 World Parking Meter Device Consumption by Region (2021-2026)
- 2.2.2 World Parking Meter Device Consumption Forecast by Region (2027-2032)
- 2.3 United States Parking Meter Device Consumption (2021-2032)
- 2.4 China Parking Meter Device Consumption (2021-2032)
- 2.5 Europe Parking Meter Device Consumption (2021-2032)
- 2.6 Japan Parking Meter Device Consumption (2021-2032)
- 2.7 South Korea Parking Meter Device Consumption (2021-2032)
- 2.8 ASEAN Parking Meter Device Consumption (2021-2032)
- 2.9 India Parking Meter Device Consumption (2021-2032)
3 World Manufacturers Competitive Analysis
- 3.1 World Parking Meter Device Production Value by Manufacturer (2021-2026)
- 3.2 World Parking Meter Device Production by Manufacturer (2021-2026)
- 3.3 World Parking Meter Device Average Price by Manufacturer (2021-2026)
- 3.4 Parking Meter Device Company Evaluation Quadrant
- 3.5 Industry Rank and Concentration Rate (CR)
- 3.5.1 Global Parking Meter Device Industry Rank of Major Manufacturers
- 3.5.2 Global Concentration Ratios (CR4) for Parking Meter Device in 2025
- 3.5.3 Global Concentration Ratios (CR8) for Parking Meter Device in 2025
- 3.6 Parking Meter Device Market: Overall Company Footprint Analysis
- 3.6.1 Parking Meter Device Market: Region Footprint
- 3.6.2 Parking Meter Device Market: Company Product Type Footprint
- 3.6.3 Parking Meter Device Market: Company Product Application Footprint
- 3.7 Competitive Environment
- 3.7.1 Historical Structure of the Industry
- 3.7.2 Barriers of Market Entry
- 3.7.3 Factors of Competition
- 3.8 New Entrant and Capacity Expansion Plans
- 3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
- 4.1 United States VS China: Parking Meter Device Production Value Comparison
- 4.1.1 United States VS China: Parking Meter Device Production Value Comparison (2021 & 2025 & 2032)
- 4.1.2 United States VS China: Parking Meter Device Production Value Market Share Comparison (2021 & 2025 & 2032)
- 4.2 United States VS China: Parking Meter Device Production Comparison
- 4.2.1 United States VS China: Parking Meter Device Production Comparison (2021 & 2025 & 2032)
- 4.2.2 United States VS China: Parking Meter Device Production Market Share Comparison (2021 & 2025 & 2032)
- 4.3 United States VS China: Parking Meter Device Consumption Comparison
- 4.3.1 United States VS China: Parking Meter Device Consumption Comparison (2021 & 2025 & 2032)
- 4.3.2 United States VS China: Parking Meter Device Consumption Market Share Comparison (2021 & 2025 & 2032)
- 4.4 United States Based Parking Meter Device Manufacturers and Market Share, 2021-2026
- 4.4.1 United States Based Parking Meter Device Manufacturers, Headquarters and Production Site (States, Country)
- 4.4.2 United States Based Manufacturers Parking Meter Device Production Value (2021-2026)
- 4.4.3 United States Based Manufacturers Parking Meter Device Production (2021-2026)
- 4.5 China Based Parking Meter Device Manufacturers and Market Share
- 4.5.1 China Based Parking Meter Device Manufacturers, Headquarters and Production Site (Province, Country)
- 4.5.2 China Based Manufacturers Parking Meter Device Production Value (2021-2026)
- 4.5.3 China Based Manufacturers Parking Meter Device Production (2021-2026)
- 4.6 Rest of World Based Parking Meter Device Manufacturers and Market Share, 2021-2026
- 4.6.1 Rest of World Based Parking Meter Device Manufacturers, Headquarters and Production Site (State, Country)
- 4.6.2 Rest of World Based Manufacturers Parking Meter Device Production Value (2021-2026)
- 4.6.3 Rest of World Based Manufacturers Parking Meter Device Production (2021-2026)
5 Market Analysis by Type
- 5.1 World Parking Meter Device Market Size Overview by Type: 2021 VS 2025 VS 2032
- 5.2 Segment Introduction by Type
- 5.2.1 Parking Meter (Single Space)
- 5.2.2 Parking Kiosks (Multi Space)
- 5.3 Market Segment by Type
- 5.3.1 World Parking Meter Device Production by Type (2021-2032)
- 5.3.2 World Parking Meter Device Production Value by Type (2021-2032)
- 5.3.3 World Parking Meter Device Average Price by Type (2021-2032)
6 Market Analysis by Application
- 6.1 World Parking Meter Device Market Size Overview by Application: 2021 VS 2025 VS 2032
- 6.2 Segment Introduction by Application
- 6.2.1 Government Institutions
- 6.2.2 Hospitals
- 6.2.3 Parks
- 6.2.4 Transit Systems
- 6.2.5 Malls & Stadiums
- 6.2.6 Others
- 6.3 Market Segment by Application
- 6.3.1 World Parking Meter Device Production by Application (2021-2032)
- 6.3.2 World Parking Meter Device Production Value by Application (2021-2032)
- 6.3.3 World Parking Meter Device Average Price by Application (2021-2032)
7 Company Profiles
- 7.1 Flowbird
- 7.1.1 Flowbird Details
- 7.1.2 Flowbird Major Business
- 7.1.3 Flowbird Parking Meter Device Product and Services
- 7.1.4 Flowbird Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.1.5 Flowbird Recent Developments/Updates
- 7.1.6 Flowbird Competitive Strengths & Weaknesses
- 7.2 POM
- 7.2.1 POM Details
- 7.2.2 POM Major Business
- 7.2.3 POM Parking Meter Device Product and Services
- 7.2.4 POM Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.2.5 POM Recent Developments/Updates
- 7.2.6 POM Competitive Strengths & Weaknesses
- 7.3 T2 Systems
- 7.3.1 T2 Systems Details
- 7.3.2 T2 Systems Major Business
- 7.3.3 T2 Systems Parking Meter Device Product and Services
- 7.3.4 T2 Systems Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.3.5 T2 Systems Recent Developments/Updates
- 7.3.6 T2 Systems Competitive Strengths & Weaknesses
- 7.4 Hectronic
- 7.4.1 Hectronic Details
- 7.4.2 Hectronic Major Business
- 7.4.3 Hectronic Parking Meter Device Product and Services
- 7.4.4 Hectronic Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.4.5 Hectronic Recent Developments/Updates
- 7.4.6 Hectronic Competitive Strengths & Weaknesses
- 7.5 MacKay Meters
- 7.5.1 MacKay Meters Details
- 7.5.2 MacKay Meters Major Business
- 7.5.3 MacKay Meters Parking Meter Device Product and Services
- 7.5.4 MacKay Meters Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.5.5 MacKay Meters Recent Developments/Updates
- 7.5.6 MacKay Meters Competitive Strengths & Weaknesses
- 7.6 METRIC Group
- 7.6.1 METRIC Group Details
- 7.6.2 METRIC Group Major Business
- 7.6.3 METRIC Group Parking Meter Device Product and Services
- 7.6.4 METRIC Group Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.6.5 METRIC Group Recent Developments/Updates
- 7.6.6 METRIC Group Competitive Strengths & Weaknesses
- 7.7 IPS Group
- 7.7.1 IPS Group Details
- 7.7.2 IPS Group Major Business
- 7.7.3 IPS Group Parking Meter Device Product and Services
- 7.7.4 IPS Group Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.7.5 IPS Group Recent Developments/Updates
- 7.7.6 IPS Group Competitive Strengths & Weaknesses
- 7.8 Viatron
- 7.8.1 Viatron Details
- 7.8.2 Viatron Major Business
- 7.8.3 Viatron Parking Meter Device Product and Services
- 7.8.4 Viatron Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.8.5 Viatron Recent Developments/Updates
- 7.8.6 Viatron Competitive Strengths & Weaknesses
- 7.9 IEM
- 7.9.1 IEM Details
- 7.9.2 IEM Major Business
- 7.9.3 IEM Parking Meter Device Product and Services
- 7.9.4 IEM Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.9.5 IEM Recent Developments/Updates
- 7.9.6 IEM Competitive Strengths & Weaknesses
- 7.10 Ventek International
- 7.10.1 Ventek International Details
- 7.10.2 Ventek International Major Business
- 7.10.3 Ventek International Parking Meter Device Product and Services
- 7.10.4 Ventek International Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.10.5 Ventek International Recent Developments/Updates
- 7.10.6 Ventek International Competitive Strengths & Weaknesses
- 7.11 CivicSmart
- 7.11.1 CivicSmart Details
- 7.11.2 CivicSmart Major Business
- 7.11.3 CivicSmart Parking Meter Device Product and Services
- 7.11.4 CivicSmart Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.11.5 CivicSmart Recent Developments/Updates
- 7.11.6 CivicSmart Competitive Strengths & Weaknesses
- 7.12 Parking BOXX
- 7.12.1 Parking BOXX Details
- 7.12.2 Parking BOXX Major Business
- 7.12.3 Parking BOXX Parking Meter Device Product and Services
- 7.12.4 Parking BOXX Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.12.5 Parking BOXX Recent Developments/Updates
- 7.12.6 Parking BOXX Competitive Strengths & Weaknesses
- 7.13 LocoMobi
- 7.13.1 LocoMobi Details
- 7.13.2 LocoMobi Major Business
- 7.13.3 LocoMobi Parking Meter Device Product and Services
- 7.13.4 LocoMobi Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.13.5 LocoMobi Recent Developments/Updates
- 7.13.6 LocoMobi Competitive Strengths & Weaknesses
- 7.14 Horoad Electronic
- 7.14.1 Horoad Electronic Details
- 7.14.2 Horoad Electronic Major Business
- 7.14.3 Horoad Electronic Parking Meter Device Product and Services
- 7.14.4 Horoad Electronic Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.14.5 Horoad Electronic Recent Developments/Updates
- 7.14.6 Horoad Electronic Competitive Strengths & Weaknesses
- 7.15 Kinouwell Tech
- 7.15.1 Kinouwell Tech Details
- 7.15.2 Kinouwell Tech Major Business
- 7.15.3 Kinouwell Tech Parking Meter Device Product and Services
- 7.15.4 Kinouwell Tech Parking Meter Device Production, Price, Value, Gross Margin and Market Share (2021-2026)
- 7.15.5 Kinouwell Tech Recent Developments/Updates
- 7.15.6 Kinouwell Tech Competitive Strengths & Weaknesses
8 Industry Chain Analysis
- 8.1 Parking Meter Device Industry Chain
- 8.2 Parking Meter Device Upstream Analysis
- 8.2.1 Parking Meter Device Core Raw Materials
- 8.2.2 Main Manufacturers of Parking Meter Device Core Raw Materials
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis
- 8.5 Parking Meter Device Production Mode
- 8.6 Parking Meter Device Procurement Model
- 8.7 Parking Meter Device Industry Sales Model and Sales Channels
- 8.7.1 Parking Meter Device Sales Model
- 8.7.2 Parking Meter Device Typical Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Methodology
- 10.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Parking Meter Device. Industry analysis & Market Report on Parking Meter Device is a syndicated market report, published as Global Parking Meter Device Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Parking Meter Device market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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