The global Parking Meter Device market size was valued at US$ 3520 million in 2024 and is forecast to a readjusted size of USD 5056 million by 2031 with a CAGR of 5.4% during review period.
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.
The key sales markets locate in North America, Europe and Asia-Pacific. North America takes the sales volume market share of 36%, followed by Europe with 31% and Asia-Pacific with 21%.
Flowbird, POM and T2 Systems are the top 3 players of Parking Meter Device, with about 8% market shares.
This report is a detailed and comprehensive analysis for global Parking Meter Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Parking Meter Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Parking Meter Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Parking Meter Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Parking Meter Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Parking Meter Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Parking Meter Device market based on the following parameters - company overview, sales quantity, revenue, 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.
Âé¶¹Ô´´ Segmentation
Parking Meter Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Âé¶¹Ô´´ segment by Type
Parking Meter (Single Space)
Parking Kiosks (Multi Space)
Âé¶¹Ô´´ segment by Application
Government Institutions
Hospitals
Parks
Transit Systems
Malls & Stadiums
Others
Major players covered
Flowbird
POM
T2 Systems
Hectronic
MacKay Meters
METRIC Group
IPS Group
Viatron
IEM
Ventek International
CivicSmart
Parking BOXX
LocoMobi
Horoad Electronic
Kinouwell Tech
Âé¶¹Ô´´ segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Parking Meter Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Parking Meter Device, with price, sales quantity, revenue, and global market share of Parking Meter Device from 2020 to 2025.
Chapter 3, the Parking Meter Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Parking Meter Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Parking Meter Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Parking Meter Device.
Chapter 14 and 15, to describe Parking Meter Device sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Product Overview and Scope
1.2 Âé¶¹Ô´´ Estimation Caveats and Base Year
1.3 Âé¶¹Ô´´ Analysis by Type
1.3.1 Overview: Global Parking Meter Device Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Parking Meter (Single Space)
1.3.3 Parking Kiosks (Multi Space)
1.4 Âé¶¹Ô´´ Analysis by Application
1.4.1 Overview: Global Parking Meter Device Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Government Institutions
1.4.3 Hospitals
1.4.4 Parks
1.4.5 Transit Systems
1.4.6 Malls & Stadiums
1.4.7 Others
1.5 Global Parking Meter Device Âé¶¹Ô´´ Size & Forecast
1.5.1 Global Parking Meter Device Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Parking Meter Device Sales Quantity (2020-2031)
1.5.3 Global Parking Meter Device Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Flowbird
2.1.1 Flowbird Details
2.1.2 Flowbird Major Business
2.1.3 Flowbird Parking Meter Device Product and Services
2.1.4 Flowbird Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.1.5 Flowbird Recent Developments/Updates
2.2 POM
2.2.1 POM Details
2.2.2 POM Major Business
2.2.3 POM Parking Meter Device Product and Services
2.2.4 POM Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.2.5 POM Recent Developments/Updates
2.3 T2 Systems
2.3.1 T2 Systems Details
2.3.2 T2 Systems Major Business
2.3.3 T2 Systems Parking Meter Device Product and Services
2.3.4 T2 Systems Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.3.5 T2 Systems Recent Developments/Updates
2.4 Hectronic
2.4.1 Hectronic Details
2.4.2 Hectronic Major Business
2.4.3 Hectronic Parking Meter Device Product and Services
2.4.4 Hectronic Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.4.5 Hectronic Recent Developments/Updates
2.5 MacKay Meters
2.5.1 MacKay Meters Details
2.5.2 MacKay Meters Major Business
2.5.3 MacKay Meters Parking Meter Device Product and Services
2.5.4 MacKay Meters Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.5.5 MacKay Meters Recent Developments/Updates
2.6 METRIC Group
2.6.1 METRIC Group Details
2.6.2 METRIC Group Major Business
2.6.3 METRIC Group Parking Meter Device Product and Services
2.6.4 METRIC Group Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.6.5 METRIC Group Recent Developments/Updates
2.7 IPS Group
2.7.1 IPS Group Details
2.7.2 IPS Group Major Business
2.7.3 IPS Group Parking Meter Device Product and Services
2.7.4 IPS Group Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.7.5 IPS Group Recent Developments/Updates
2.8 Viatron
2.8.1 Viatron Details
2.8.2 Viatron Major Business
2.8.3 Viatron Parking Meter Device Product and Services
2.8.4 Viatron Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.8.5 Viatron Recent Developments/Updates
2.9 IEM
2.9.1 IEM Details
2.9.2 IEM Major Business
2.9.3 IEM Parking Meter Device Product and Services
2.9.4 IEM Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.9.5 IEM Recent Developments/Updates
2.10 Ventek International
2.10.1 Ventek International Details
2.10.2 Ventek International Major Business
2.10.3 Ventek International Parking Meter Device Product and Services
2.10.4 Ventek International Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.10.5 Ventek International Recent Developments/Updates
2.11 CivicSmart
2.11.1 CivicSmart Details
2.11.2 CivicSmart Major Business
2.11.3 CivicSmart Parking Meter Device Product and Services
2.11.4 CivicSmart Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.11.5 CivicSmart Recent Developments/Updates
2.12 Parking BOXX
2.12.1 Parking BOXX Details
2.12.2 Parking BOXX Major Business
2.12.3 Parking BOXX Parking Meter Device Product and Services
2.12.4 Parking BOXX Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.12.5 Parking BOXX Recent Developments/Updates
2.13 LocoMobi
2.13.1 LocoMobi Details
2.13.2 LocoMobi Major Business
2.13.3 LocoMobi Parking Meter Device Product and Services
2.13.4 LocoMobi Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.13.5 LocoMobi Recent Developments/Updates
2.14 Horoad Electronic
2.14.1 Horoad Electronic Details
2.14.2 Horoad Electronic Major Business
2.14.3 Horoad Electronic Parking Meter Device Product and Services
2.14.4 Horoad Electronic Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.14.5 Horoad Electronic Recent Developments/Updates
2.15 Kinouwell Tech
2.15.1 Kinouwell Tech Details
2.15.2 Kinouwell Tech Major Business
2.15.3 Kinouwell Tech Parking Meter Device Product and Services
2.15.4 Kinouwell Tech Parking Meter Device Sales Quantity, Average Price, Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.15.5 Kinouwell Tech Recent Developments/Updates
3 Competitive Environment: Parking Meter Device by Manufacturer
3.1 Global Parking Meter Device Sales Quantity by Manufacturer (2020-2025)
3.2 Global Parking Meter Device Revenue by Manufacturer (2020-2025)
3.3 Global Parking Meter Device Average Price by Manufacturer (2020-2025)
3.4 Âé¶¹Ô´´ Share Analysis (2024)
3.4.1 Producer Shipments of Parking Meter Device by Manufacturer Revenue ($MM) and Âé¶¹Ô´´ Share (%): 2024
3.4.2 Top 3 Parking Meter Device Manufacturer Âé¶¹Ô´´ Share in 2024
3.4.3 Top 6 Parking Meter Device Manufacturer Âé¶¹Ô´´ Share in 2024
3.5 Parking Meter Device Âé¶¹Ô´´: Overall Company Footprint Analysis
3.5.1 Parking Meter Device Âé¶¹Ô´´: Region Footprint
3.5.2 Parking Meter Device Âé¶¹Ô´´: Company Product Type Footprint
3.5.3 Parking Meter Device Âé¶¹Ô´´: Company Product Application Footprint
3.6 New Âé¶¹Ô´´ Entrants and Barriers to Âé¶¹Ô´´ Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Parking Meter Device Âé¶¹Ô´´ Size by Region
4.1.1 Global Parking Meter Device Sales Quantity by Region (2020-2031)
4.1.2 Global Parking Meter Device Consumption Value by Region (2020-2031)
4.1.3 Global Parking Meter Device Average Price by Region (2020-2031)
4.2 North America Parking Meter Device Consumption Value (2020-2031)
4.3 Europe Parking Meter Device Consumption Value (2020-2031)
4.4 Asia-Pacific Parking Meter Device Consumption Value (2020-2031)
4.5 South America Parking Meter Device Consumption Value (2020-2031)
4.6 Middle East & Africa Parking Meter Device Consumption Value (2020-2031)
5 Âé¶¹Ô´´ Segment by Type
5.1 Global Parking Meter Device Sales Quantity by Type (2020-2031)
5.2 Global Parking Meter Device Consumption Value by Type (2020-2031)
5.3 Global Parking Meter Device Average Price by Type (2020-2031)
6 Âé¶¹Ô´´ Segment by Application
6.1 Global Parking Meter Device Sales Quantity by Application (2020-2031)
6.2 Global Parking Meter Device Consumption Value by Application (2020-2031)
6.3 Global Parking Meter Device Average Price by Application (2020-2031)
7 North America
7.1 North America Parking Meter Device Sales Quantity by Type (2020-2031)
7.2 North America Parking Meter Device Sales Quantity by Application (2020-2031)
7.3 North America Parking Meter Device Âé¶¹Ô´´ Size by Country
7.3.1 North America Parking Meter Device Sales Quantity by Country (2020-2031)
7.3.2 North America Parking Meter Device Consumption Value by Country (2020-2031)
7.3.3 United States Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.4 Canada Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.5 Mexico Âé¶¹Ô´´ Size and Forecast (2020-2031)
8 Europe
8.1 Europe Parking Meter Device Sales Quantity by Type (2020-2031)
8.2 Europe Parking Meter Device Sales Quantity by Application (2020-2031)
8.3 Europe Parking Meter Device Âé¶¹Ô´´ Size by Country
8.3.1 Europe Parking Meter Device Sales Quantity by Country (2020-2031)
8.3.2 Europe Parking Meter Device Consumption Value by Country (2020-2031)
8.3.3 Germany Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.4 France Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.5 United Kingdom Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.6 Russia Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.7 Italy Âé¶¹Ô´´ Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Parking Meter Device Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Parking Meter Device Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Parking Meter Device Âé¶¹Ô´´ Size by Region
9.3.1 Asia-Pacific Parking Meter Device Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Parking Meter Device Consumption Value by Region (2020-2031)
9.3.3 China Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.4 Japan Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.5 South Korea Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.6 India Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.7 Southeast Asia Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.8 Australia Âé¶¹Ô´´ Size and Forecast (2020-2031)
10 South America
10.1 South America Parking Meter Device Sales Quantity by Type (2020-2031)
10.2 South America Parking Meter Device Sales Quantity by Application (2020-2031)
10.3 South America Parking Meter Device Âé¶¹Ô´´ Size by Country
10.3.1 South America Parking Meter Device Sales Quantity by Country (2020-2031)
10.3.2 South America Parking Meter Device Consumption Value by Country (2020-2031)
10.3.3 Brazil Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.4 Argentina Âé¶¹Ô´´ Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Parking Meter Device Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Parking Meter Device Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Parking Meter Device Âé¶¹Ô´´ Size by Country
11.3.1 Middle East & Africa Parking Meter Device Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Parking Meter Device Consumption Value by Country (2020-2031)
11.3.3 Turkey Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.4 Egypt Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.6 South Africa Âé¶¹Ô´´ Size and Forecast (2020-2031)
12 Âé¶¹Ô´´ Dynamics
12.1 Parking Meter Device Âé¶¹Ô´´ Drivers
12.2 Parking Meter Device Âé¶¹Ô´´ Restraints
12.3 Parking Meter Device Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Parking Meter Device and Key Manufacturers
13.2 Manufacturing Costs Percentage of Parking Meter Device
13.3 Parking Meter Device Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Parking Meter Device Typical Distributors
14.3 Parking Meter Device Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Flowbird
POM
T2 Systems
Hectronic
MacKay Meters
METRIC Group
IPS Group
Viatron
IEM
Ventek International
CivicSmart
Parking BOXX
LocoMobi
Horoad Electronic
Kinouwell Tech
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*If Applicable.