Vehicle Parking Meter Market Report: Trends, Forecast and Competitive Analysis to 2031
상품코드:1871686
리서치사:Lucintel
발행일:2025년 11월
페이지 정보:영문 150 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
ㅁ 보고서에 따라 최신 정보로 업데이트하여 보내드립니다. 배송기일은 문의해 주시기 바랍니다.
한글목차
세계의 주차 미터기 시장은 노상주차, 쇼핑몰/경기장, 공원, 병원, 공공 및 민간 기관 시장에서의 기회를 배경으로 미래가 기대되는 시장입니다. 세계 주차 미터기 시장은 2025-2031년 연평균 3.7%의 연평균 복합 성장률(CAGR)로 확대될 것으로 예측됩니다. 주요 성장 요인으로는 스마트 시티 솔루션에 대한 수요 증가, 현금 없는 결제의 보급 확대, 도시화 및 교통체증 심화 등을 꼽을 수 있습니다.
Lucintel의 예측에 따르면 제품 유형별로는 스마트 미터가 예측 기간 중 높은 성장률을 보일 것으로 예측됩니다.
최종 용도별로는 노상 주차가 가장 높은 성장률을 보일 것으로 예측됩니다.
지역별로는 북미가 예측 기간 중 가장 높은 성장률을 보일 것으로 예측됩니다.
주차 미터기 시장의 새로운 동향
주차 미터기 산업은 단순한 수입원에서 지능형 도시 인프라의 핵심 요소로 전환하는 혁명적인 변화의 기로에 서 있습니다. 이러한 새로운 동향은 증가하는 차량 수에 대한 대응, 교통 체증 완화, 도시 거주성 향상 등의 필요성에서 비롯되었습니다. 현재, 보다 간편하고 효율적이며 데이터가 풍부한 주차 시스템을 구현하기 위한 기술 통합이 강조되고 있습니다. 다음은 주차 미터기 산업을 변화시킬 5가지 주요 신흥 동향을 소개합니다.
비접촉식 및 모바일 결제 솔루션: 주요 신흥 동향 중 하나는 주차 미터기에서 모바일 결제 소프트웨어 및 비접촉식 결제 방식(NFC, 탭 결제 지원 신용카드, QR코드 등)을 광범위하게 활용하는 것입니다. 이를 통해 현금을 소지하거나 동전을 준비할 필요가 없습니다. 그 결과, 사용자의 편의성과 만족도가 크게 향상되고, 거래가 신속해지며, 현금 회수 관련 운영비용이 최소화됩니다. 또한 인터넷을 통해 주차 시간을 연장할 수 있는 유연성을 제공합니다.
실시간 주차 공간 모니터링 및 내비게이션: 센서(지하이식형, 오버헤드 설치형, 카메라 베이스 등)를 주차 미터기와 연동하여 주차 공간의 실시간 점유 현황을 모니터링하는 기술이 중요한 동향입니다. 이 정보는 모바일 앱과 전광판을 통해 운전자를 빈 주차 공간으로 안내하는 데 활용됩니다. 이를 통해 주차공간을 찾는 시간이 크게 단축되고, 도심의 교통체증과 차량 배출가스가 감소합니다. 주차 공간의 이용률이 극대화되고, 도심에서의 운전이 보다 효율적이고 스트레스 없는 운전이 가능해집니다.
동적 가격 설정 및 매출 최적화: 수요, 시간대, 이벤트 개최일 등에 따라 주차 요금을 조정하는 동적 가격 체계로의 전환이 점점 더 널리 퍼지고 있습니다. 이러한 시스템은 지능형 미터기의 실시간 정보를 활용하여 매출을 극대화하는 동시에 수요가 많은 공간의 주차 회전율을 촉진합니다. 이를 통해 지자체와 주차장 운영자는 매출을 극대화할 수 있는 동시에 교통 체증을 억제하고 한정된 주차 공간을 현명하게 사용하는 운전 행동을 유도하여 보다 공평한 시스템을 구현할 수 있습니다.
스마트 시티 생태계와의 통합: 주차 미터기는 더 큰 규모의 스마트 시티 프로젝트에서 필수적인 요소로 인식되고 있습니다. 여기에는 주차 시스템과 교통 관리 시스템, 대중교통 시스템, 스마트 가로등과 같은 다른 도시 인프라 간의 원활한 데이터 공유가 포함됩니다. 이를 통해 종합적인 도시 계획과 도시 전체의 이동성 향상을 촉진할 수 있습니다. 통합된 데이터는 도시 계획 담당자가 교통 흐름, 인프라 구축, 환경적 지속가능성에 대한 정보에 입각한 의사결정을 내릴 수 있도록 돕습니다.
태양광 및 지속가능한 미터기: 태양광 및 기타 지속가능한 전원으로 작동하는 주차 미터기의 개발 및 활용이 확대되고 있습니다. 이들 중 상당수는 에너지 절약형 소재와 부품을 채택하여 주차 시설의 환경 부하 감소, 운영시 에너지 절약, 세계 지속가능성 기준 준수를 실현합니다. 또한 전력망이 취약한 지역이나 그린시티 계획에서 계량기의 내구성 향상에도 기여합니다.
이러한 새로운 동향은 기존의 독립형 기기를 첨단 네트워크화된 도시 인프라의 스마트한 요소로 전환함으로써 주차 미터기 시장의 재정의가 이루어지고 있습니다. 편의성, 효율성, 실시간 정보, 동적 관리, 지속가능성에 중점을 두면서 주차 미터기는 도시의 모빌리티 문제를 해결하고 사용자 경험을 개선하며 보다 스마트하고 살기 좋은 도시를 만드는 중요한 솔루션으로 변모하고 있습니다.
주차 미터기 시장의 최근 동향
주차 미터기 업계는 단순한 기계식 장치에서 첨단 스마트 시스템으로 빠르게 변화하고 있습니다. 도심 교통 혼잡 대책, 주차 매출 극대화, 운전 경험 전반의 개선 등의 과제에 대한 대응이 이러한 발전을 견인하고 있습니다. 최근 수년간의 혁신은 최첨단 기술 통합, 사용자 친화적인 디자인, 도시 계획에 유용한 데이터 제공을 목표로 하고 있습니다.
모바일 결제 앱 이용: 최근 중요한 현상으로 주차 미터기용 모바일 결제 앱의 보급과 수용을 들 수 있습니다. 운전자는 동전이나 카드에 의존하는 대신 전용 앱이나 웹 기반 포털을 통해 스마트폰으로 주차 요금을 지불할 수 있게 되었습니다. 이를 통해 동전을 찾는 번거로움을 없애고, 원격으로 주차 시간 연장을 가능하게 하는 등 고객에게 전례 없는 편의성과 유연성을 제공하여 고객 만족도와 집행 효율을 향상시키고 있습니다.
센서형 스마트 주차 미터기 도입: 주차 공간의 실시간 점유 상황을 모니터링하는 센서(초음파식, 자기식, 카메라식 등)가 탑재된 지능형 주차 미터기 도입이 확대되고 있습니다. 이 정보는 중앙 시스템에 전달되어 도시가 운전자에게 빈 주차 공간에 대한 실시간 정보를 제공할 수 있습니다. 이를 통해 주차 공간을 찾는 시간과 교통 혼잡을 최소화하고, 보다 효과적인 단속과 주차 공간 공급을 최적화할 수 있습니다.
동적 가격 책정 모델 도입: 새로운 동향으로 수요, 시간대, 특정 이벤트에 따라 주차요금이 변동하는 동적 가격 책정 모델 도입이 증가하고 있습니다. 이는 스마트 미터와 통합 시스템에서 생성되는 데이터에 의해 지원됩니다. 이를 통해 지자체는 매출을 극대화할 수 있고, 수요가 많은 곳의 주차 공간 회전율 향상, 장시간 주차를 억제하는 운전자 행동 유도를 통해 도심의 주차 공간 이용 효율을 높일 수 있습니다.
스마트 시티 인프라와의 통합: 주차 미터기는 현재 더 광범위한 스마트 시티 인프라와의 통합이 진행되고 있습니다. 여기에는 교통 관리, 대중교통, 스마트 가로등 네트워크 등 다른 도시 시스템과의 원활한 연결 및 데이터 공유가 포함됩니다. 이를 통해 도시 모빌리티를 위한 종합적인 전략을 수립할 수 있습니다. 통합을 통해 도시 계획 담당자는 인프라 계획, 교통 관리, 환경 대책 개선을 위한 통합 데이터를 활용할 수 있습니다.
사용자 친화적인 인터페이스와 디지털 디스플레이의 중요성 : 새로운 개발 동향은 주차 미터의 사용자 친화적인 인터페이스와 이해하기 쉬운 디지털 디스플레이로의 전환을 강조하고 있습니다. 터치스크린 기능, 다국어 지원, 간소화된 결제 절차 탐색 등이 포함됩니다. 이를 통해 전체 사용자 경험이 향상되고, 기술에 익숙하지 않은 사람들을 포함한 다양한 사용자층이 보다 쉽고 편리하게 주차를 할 수 있게 됩니다. 사용 편의성이 향상되면 혼동이나 오작동 가능성도 제거됩니다.
이러한 최근 추세는 주차 미터기 산업을 고도로 통합된 스마트하고 고객 중심적인 산업으로 변화시키고 있습니다. 디지털 결제, 실시간 정보, 동적 가격 책정, 스마트 시티와의 연계, 사용자 경험에 대한 집중적인 노력은 주차 관리를 최적화하고, 보다 지속가능하고 편리하게 진화하며, 도시 모빌리티 솔루션을 근본적으로 변화시키고 있습니다.
목차
제1장 개요
제2장 시장 개요
배경과 분류
공급망
제3장 시장 동향과 예측 분석
업계 촉진요인과 과제
PESTLE 분석
특허 분석
규제 환경
제4장 세계의 주차 미터 시장 : 제품 유형별
매력 분석 : 제품 유형별
레거시 미터
스마트 미터
제5장 세계의 주차 미터 시장 : 최종 용도별
매력 분석 : 최종 용도별
노상 주차
쇼핑몰·스타디움
공원
병원
공립·사립 기관
기타
제6장 지역 분석
제7장 북미의 주차 미터 시장
북미의 주차 미터 시장 : 유형별
북미의 주차 미터 시장 : 용도별
미국의 주차 미터 시장
멕시코의 주차 미터 시장
캐나다의 주차 미터 시장
제8장 유럽의 주차 미터 시장
유럽의 주차 미터 시장 : 유형별
유럽의 주차 미터 시장 : 용도별
독일의 주차 미터 시장
프랑스의 주차 미터 시장
스페인의 주차 미터 시장
이탈리아의 주차 미터 시장
영국의 주차 미터 시장
제9장 아시아태평양의 주차 미터 시장
아시아태평양의 주차 미터 시장 : 유형별
아시아태평양의 주차 미터 시장 : 용도별
일본의 주차 미터 시장
인도의 주차 미터 시장
중국의 주차 미터 시장
한국의 주차 미터 시장
인도네시아의 주차 미터 시장
제10장 기타 지역(ROW)의 주차 미터 시장
ROW의 주차 미터 시장 : 유형별
ROW의 주차 미터 시장 : 용도별
중동의 주차 미터 시장
남미의 주차 미터 시장
아프리카의 주차 미터 시장
제11장 경쟁 분석
제품 포트폴리오 분석
운영 통합
Porter's Five Forces 분석
시장 점유율 분석
제12장 기회와 전략 분석
밸류체인 분석
성장 기회 분석
세계의 주차 미터 시장의 새로운 동향
전략 분석
제13장 밸류체인에서 주요 기업의 개요
경쟁 분석
EcoLumina Technologies
LocoMobi
Cale Access
CivicSmart
Ditech
Meisel Holdings
Duncan Solutions
IPS Group
Flowbird
IEM
제14장 부록
KSA
영문 목차
영문목차
The future of the global vehicle parking meter market looks promising with opportunities in the parking street, mall & stadium, park, hospital, and public & private institution markets. The global vehicle parking meter market is expected to grow with a CAGR of 3.7% from 2025 to 2031. The major drivers for this market are the increasing demand for smart city solutions, the growing adoption of cashless payments, and rising urbanization & traffic congestion.
Lucintel forecasts that, within the product type category, smart meter is expected to witness higher growth over the forecast period.
Within the end use category, parking street is expected to witness the highest growth.
In terms of region, North America is expected to witness the highest growth over the forecast period.
Emerging Trends in the Vehicle Parking Meter Market
The vehicle parking meter industry is at the verge of a revolutionary change, shifting from mere revenue generation to the core element of intelligent urban infrastructure. Such new trends are born out of necessity to cope with increasing numbers of vehicles, curb congestion, and promote urban livability. The emphasis now is on combining technology to make an easier, more efficient, and data-rich parking system. The following introduction identifies five major emerging trends transforming the vehicle parking meter industry.
Contactless and Mobile Payment Solutions: One of the prevailing emerging trends is extensive utilization of mobile payment software and contactless payment methods (such as NFC, tap-to-pay credit cards, or QR codes) on parking meters. This renders physical cash or searching for exact change unnecessary. The effect is materially increasing user convenience and satisfaction, accelerating transactions, and minimizing operational cash collection-related costs. It also offers flexibility for users to extend parking sessions over the internet.
Real-Time Parking Space Monitoring and Navigation: Coupling sensors (e.g., in-ground, overhead, or camera-based) with parking meters to monitor real-time occupancy of parking spaces is a key trend. This information is then utilized to navigate drivers to vacant spots through mobile apps or electronic signage. The effect is significantly decreasing parking search times, reducing traffic congestion in city centers, and decreasing vehicle emissions. It maximizes the use of parking spaces, urban driving becoming more efficient and stress-free.
Dynamic Pricing and Revenue Optimization: The movement towards dynamic pricing structures, in which parking fees are adjusted according to demand, time of day, or event days, is becoming increasingly popular. Such systems use real-time information from intelligent meters to maximize revenue and promote parking turnover in high-demand spaces. The effect is enabling municipalities and parking operators to maximize revenues alongside driving behavior that discourages congestion and encourages wiser use of scarce parking space, producing a more equitable system.
Integration with Smart City Ecosystems: Parking meters are increasingly being considered as an integral part of larger smart city projects. This includes smooth data sharing between parking and other urban infrastructure like traffic management systems, public transport systems, and smart streetlights. The effect is facilitating comprehensive urban planning and enhanced overall urban mobility. Integrated data helps city planners make informed decisions about traffic flow, infrastructure building, and environmental sustainability.
Solar-Powered and Sustainable Meters: Increasingly, there is a shift towards creating and using parking meters that are powered by sunlight or other sustainable power sources. Many of these meters use energy-efficient materials and components. The effect is minimizing the environmental impact of parking facilities, saving energy on operation, and converging to world sustainability standards. It also makes meters more durable in regions with poor grid availability and green city programs.
These new trends are summing up to redefine the vehicle parking meter market by taking the traditional stand-alone devices and converting them into advanced, networked, and smart elements of urban infrastructure. Priorities on convenience, efficiency, real-time information, dynamic management, and sustainability are turning parking meters into critical solutions for solving urban mobility issues, improving user experience, and enabling the creation of smarter, more livable cities.
Recent Developments in the Vehicle Parking Meter Market
The vehicle parking meter industry has seen major recent innovations, transforming quickly from simple mechanical devices to very advanced smart systems. The imperative to address urban traffic congestion, maximize parking revenue, and generally improve the motoring experience is driving this development. Recent innovations are looking to incorporate leading-edge technologies, become more user-friendly, and deliver useful data for urban planning.
Use of Mobile Payment Apps: A key recent phenomenon has been the widespread use and acceptance of mobile payment apps for parking meters. Rather than depending on coins or cards, drivers are now able to pay for parking through their smartphones using specialized apps or web-based portals. The effect is offering unprecedented convenience and flexibility to customers, eliminating the inconvenience of searching for change, and enabling remote prolongation of parking stays, thus enhancing customer satisfaction and enforcement.
Rollout of Smart Parking Meters with Sensors: Significant rollout of intelligent parking meters with sensors (e.g., ultrasonic, magnetic, or camera-based) that monitor real-time occupancy of parking bays. This information is then relayed to a central system. The effect is to enable cities to give motorists real-time information on available parking, minimizing search time and traffic congestion. It also enables more effective enforcement and optimized distribution of parking supplies.
Dynamic Pricing Model Implementation: New trends involve the increasing adoption of dynamic pricing models, in which parking prices vary according to demand, time, or certain events. This is supported by the data generated from smart meters and combined systems. The effect is permitting municipalities to maximize the generation of revenue, promoting turnover of parking spaces in high-demand locations, and shaping driver behavior to minimize extended occupancy, leading to better utilization of urban parking space.
Smart City Infrastructure Integration: Parking meters are now being integrated with larger smart city infrastructure. This includes smooth connectivity and data sharing with other urban systems like traffic management, public transport, and smart street lighting networks. The effect is generating a more inclusive strategy towards urban mobility. Integration offers urban planners with combined data for improved infrastructure planning, traffic management, and green initiatives.
Emphasis on User-Friendly Interfaces and Digital Displays: Emerging developments emphasize the movement towards more user-friendly interfaces and easy-to-understand digital displays on parking meters. It encompasses touchscreen features, multi-language capabilities, and uncomplicated navigation of payment procedures. The effect is to improve the overall user experience, making parking easier and more convenient for a broader spectrum of users, including those less technologically adept. Better usability also eliminates confusion and possible errors.
These recent trends are together affecting the vehicle parking meter industry by turning it into a highly integrated, smart, and customer-focused industry. The emphasis on digital payments, real-time information, dynamic pricing, integration with smart cities, and user experience is optimizing parking management, making it more sustainable and convenient, radically changing urban mobility solutions.
Strategic Growth Opportunities in the Vehicle Parking Meter Market
The vehicle parking meter market offers ample strategic growth opportunities in a range of key applications, fueled by the growing challenges of urban congestion, the need for effective resource management, and the speedy uptake of smart city technologies. These opportunities arise from the pivotal role that parking meters perform in traffic flow regulation, revenue generation, and the liveability of cities. Levying on such application-specific needs will be important for industry players to increase their presence, drive innovation, and establish themselves in this critical industry. This introduction describes five strategic growth opportunities in the vehicle parking meter market.
Urban On-Street Parking Management: One of the main strategic growth opportunities is to upgrade and increase smart parking meter installations for urban on-street parking. As urban populations increase, ensuring limited on-street parking becomes important for traffic and accessibility. The effect is making it possible for municipalities to maximize the use of space, minimize cruising for parking, and apply dynamic pricing. Investing in state-of-the-art multi-space meters with varying payment methods and occupancy sensors in real-time specifically addresses this primary application, making urban mobility efficient.
Commercial and Retail Parking Facilities: There are substantial growth prospects in embedding next-generation parking meter technology in commercial and retail car parks, like shopping malls, business parks, and entertainment complexes. These facilities have high usage volumes and enjoy the benefits of good turnover. The effect is improving customer satisfaction using easy payment and real-time directions, which can lead to greater footfall and business revenue. Smart meters, linked with LPR technology, can facilitate streamlined entry and exit, enhancing operational efficiency.
Transit Centers and Public Transport Interchanges: Installing sophisticated parking meters and integrated solutions at transit centers, railway stations, and bus stops is a strategic expansion opportunity. These areas need streamlined parking to accommodate park-and-ride schemes and enable public transport usage. The effect is enhancing multimodal transport by offering seamless parking to commuters. Linking with public transport payment options or digital tickets can also increase convenience, promoting eco-friendly commuting patterns.
Electric Vehicle (EV) Charging Station Integration: One of the new strategic growth prospects is integrating parking meters with EV charging stations. As the number of EVs grows, there's an increased demand for integrated solutions to pay for parking and charging in one. The effect is riding the EV revolution by providing an easy, one-stop solution for EV owners. This appeals to a new demographic of consumers and supports green urban plans, providing much value to parking facilities.
Data Analytics and Predictive Parking Solutions represent the major growth prospect in developing and providing sophisticated data analytics and predictive parking solutions based on data from smart meters. This includes the application of AI and machine learning to examine parking trends, forecast demand, and optimize resource deployment. The effect is bringing insightful findings for city planners and traffic managers to facilitate forward-looking decision-making for the reduction of congestion and infrastructure planning, going beyond reaction to intelligent forecasting.
These growth opportunities with strategic implications are making a big impact on the vehicle parking meter market by pushing innovation toward more holistic, data-based, and user-focused solutions. Through urban efficiency, commercial convenience, multimodal support for transport, integration of EVs, and predictive analysis, manufacturers and service providers can realize high market growth, improve urban living, and enable the creation of truly smart cities.
Vehicle Parking Meter Market Driver and Challenges
The market for vehicle parking meters is driven by a dynamic interplay of several technological, economic, and regulatory forces that cumulatively shape its development path and operational environment. Key drivers are driving the market with increased capabilities and need for such systems, while ongoing challenges require strategic resolutions for long-term market expansion. Knowledge of these complex forces is imperative for stakeholders to understand how to best operate in the competitive landscape, spot growing opportunities, and prevent possible threats. This introduction summarizes how these forces determine the vehicle parking meter market dynamics.
The factors responsible for driving the vehicle parking meter market include:
1. Urbanization and Population Growth at a Fast Rate: The underlying cause is the hastening rate of urbanization globally, resulting in tremendous growth in vehicle density in cities. With increasing numbers of people settling in cities, the need for structured and managed parking space raises. Parking meters become inevitable devices for managing the length of parking stays, averting congestion, and guaranteeing equitable access to scarce street and off-street parking capacity.
2. Increasing Vehicle Ownership and Traffic Congestion: The ongoing increase in global vehicle ownership, especially among developing economies, is directly correlated with traffic congestion. Parking meters intervene to resolve this by promoting turnover of parking spaces and deterring long-term occupation. This ensures that available parking infrastructure is maximized, improving navigability within urban environments.
3. Smart City Initiatives Advances: The spread of smart city initiatives across the world is a key driver. Smart city initiatives focus on maximizing urban mobility and resource use efficiently, and smart parking is an essential part of it. Parking meters are becoming networked smart devices that gather information, interlink with other urban systems, and make cities smarter and more responsive.
4. Demand for Convenient and Cashless Payment: There exists significant consumer demand for convenient and cashless payments. New parking meters are being fueled by the need to accept credit cards, mobile payments, and contactless payments, away from coin-only systems. This improves user experience, decreases operating expenses related to handling cash, and increases compliance.
5. A Growing Emphasis on Municipal Revenue: Parking meters provide major revenue for city municipalities, and the main impetus for their adoption and modernization. The revenue collected is used to support urban infrastructure development, public services, and traffic control initiatives. Smart meters with dynamic pricing capabilities can enhance customer convenience and further maximize this revenue.
Challenges in the vehicle parking meter market are:
1. High Implementation and Upfront Costs: One of the major issues is the high initial cost of procuring and installing new smart parking meter systems. This includes the purchase price of the meters, supporting software, sensors, network hardware, and installation services, which can be a high cost of entry for most municipalities, particularly in cash-strapped areas.
2. Change Resistance and User Adoption Challenges: Public and local business resistance to new parking meter systems, particularly those that involve dynamic pricing or new forms of payment, is a major problem. Users dislike new technology as it confuses them or they resent higher parking charges. It requires well-established public education initiatives and user-friendly interfaces to overcome this one.
3. Maintenance Difficulty and Technological Obsolescence: Advanced parking meters, though very capable, are sophisticated electronic equipment that demand expert maintenance, software renewal, and security protocols. The speed of technology also makes it a worry for technological obsolescence, whereby systems may become obsolete rapidly, calling for additional investment in upgrades or replacement.
In short, the vehicle parking meter industry is driven by the exigent necessity to solve instant urbanization, increasing vehicle ownership causing congestion, ubiquitous adoption of smart city programs, consumer preference for cashless and hassle-free payments, and the necessity for meters in municipal revenues. But the market has several critical challenges such as the large start-up and installation costs, chances of user and stakeholders' resistance, and the regular maintenance complexity together with the hazard of technological redundancy. Overcoming these challenges effectively through careful planning, user-focused design, and adaptable technology solutions will be vital to further growth and success in the vehicle parking meter market.
List of Vehicle Parking Meter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vehicle parking meter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vehicle parking meter companies profiled in this report include-
EcoLumina Technologies
LocoMobi
Cale Access
CivicSmart
Ditech
Meisel Holdings
Duncan Solutions
IPS Group
Flowbird
IEM
Vehicle Parking Meter Market by Segment
The study includes a forecast for the global vehicle parking meter market by product type, end use, and region.
Vehicle Parking Meter Market by Product Type [Value from 2019 to 2031]:
Legacy Meters
Smart Meters
Vehicle Parking Meter Market by End Use [Value from 2019 to 2031]:
Parking Streets
Malls & Stadiums
Parks
Hospitals
Public & Private Institutions
Others
Vehicle Parking Meter Market by Region [Value from 2019 to 2031]:
North America
Europe
Asia Pacific
The Rest of the World
Country Wise Outlook for the Vehicle Parking Meter Market
The market for vehicle parking meter is experiencing a deep metamorphosis from conventional coin-based systems to smart, networked systems. This is stimulated by the pressing demand for effective urban mobility, rising vehicle numbers, and the embracing of smart city policies across the globe. The latest developments concentrate on embedding sophisticated payment solutions, real-time occupancy tracking, data analytics, and remote management functionality to maximize the availability of parking, minimize traffic congestion, and improve user experience for motorists and urban planners alike.
United States: The parking meter market in the United States is embracing smart solutions to combat urban congestion at a rapid pace. Some of the recent trends involve extensive use of multi-space meters, usually powered by solar energy, which support multiple types of cashless payments such as credit cards, mobile applications, and even NFC payments. Most cities are incorporating real-time occupancy sensors in these meters so that drivers can locate available spaces through mobile apps. Seamless user experience, dynamic pricing schemes, and data collection for planning purposes and enforcement effectiveness are the focus areas.
China: The vehicle parking meter market in China is growing enormously, driven by urbanization, high vehicle ownership, and widespread smart city investment. The most recent trends focus on heavily integrated smart parking solutions that utilize IoT, AI-based license plate recognition (LPR), and mobile payments such as WeChat Pay and Alipay. Advanced multi-space meters and centralized management systems are being implemented in cities to maximize parking utilization and alleviate traffic, commonly within broader smart traffic management programs.
Germany: Germany's parking meter industry is dominated by a emphasis on dependability, solid engineering, and data privacy. Recent trends are ongoing innovation in easy-to-use multi-space meters that emphasize legible digital displays and multiple payment methods, including contactless cards and smartphone apps in compliance with European data protection law. Energy efficiency is also becoming a trend, usually with the use of solar power, and integration with current public transport systems to enhance intermodal mobility.
India: India's vehicle parking meter industry is growing considerably, fueled by disordered urban traffic and increasing smart city initiatives. Developments in recent times include increasing demand for affordable smart parking solutions, such as mobile payment apps and simple digital meters. Although old coin-based meters continue to be in place, there is an inclination towards digital platforms to make processes easier and increase transparency. Local start-ups are surfacing, providing new, app-based solutions to address the acute parking problems in large cities.
Japan: Japan's parking meter sector focuses on efficiency, convenience for users, and connection to high-tech city infrastructure. Recent trends include the rollout of sophisticated multi-space meters that frequently connect with navigation aids and support multiple forms of payment, including local e-money cards and QR code payments. There is a keen emphasis on accurate occupancy sensing by sensors and smooth data exchange to enable live parking availability, with an objective to maximize utilization of space in high-density urban areas and facilitate smart city efforts.
Features of the Global Vehicle Parking Meter Market
Market Size Estimates: Vehicle parking meter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Vehicle parking meter market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Vehicle parking meter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the vehicle parking meter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vehicle parking meter market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vehicle parking meter market by product type (legacy meters and smart meters), end use (parking streets, malls & stadiums, parks, hospitals, public & private institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Market Overview
2.1 Background and Classifications
2.2 Supply Chain
3. Market Trends & Forecast Analysis
3.2 Industry Drivers and Challenges
3.3 PESTLE Analysis
3.4 Patent Analysis
3.5 Regulatory Environment
4. Global Vehicle Parking Meter Market by Product Type
4.1 Overview
4.2 Attractiveness Analysis by Product Type
4.3 Legacy Meters: Trends and Forecast (2019-2031)
4.4 Smart Meters: Trends and Forecast (2019-2031)
5. Global Vehicle Parking Meter Market by End Use
5.1 Overview
5.2 Attractiveness Analysis by End Use
5.3 Parking Streets: Trends and Forecast (2019-2031)
5.4 Malls & Stadiums: Trends and Forecast (2019-2031)
5.5 Parks: Trends and Forecast (2019-2031)
5.6 Hospitals: Trends and Forecast (2019-2031)
5.7 Public & Private Institutions: Trends and Forecast (2019-2031)
5.8 Others: Trends and Forecast (2019-2031)
6. Regional Analysis
6.1 Overview
6.2 Global Vehicle Parking Meter Market by Region
7. North American Vehicle Parking Meter Market
7.1 Overview
7.2 North American Vehicle Parking Meter Market by Product Type
7.3 North American Vehicle Parking Meter Market by End Use
7.4 United States Vehicle Parking Meter Market
7.5 Mexican Vehicle Parking Meter Market
7.6 Canadian Vehicle Parking Meter Market
8. European Vehicle Parking Meter Market
8.1 Overview
8.2 European Vehicle Parking Meter Market by Product Type
8.3 European Vehicle Parking Meter Market by End Use
8.4 German Vehicle Parking Meter Market
8.5 French Vehicle Parking Meter Market
8.6 Spanish Vehicle Parking Meter Market
8.7 Italian Vehicle Parking Meter Market
8.8 United Kingdom Vehicle Parking Meter Market
9. APAC Vehicle Parking Meter Market
9.1 Overview
9.2 APAC Vehicle Parking Meter Market by Product Type
9.3 APAC Vehicle Parking Meter Market by End Use
9.4 Japanese Vehicle Parking Meter Market
9.5 Indian Vehicle Parking Meter Market
9.6 Chinese Vehicle Parking Meter Market
9.7 South Korean Vehicle Parking Meter Market
9.8 Indonesian Vehicle Parking Meter Market
10. ROW Vehicle Parking Meter Market
10.1 Overview
10.2 ROW Vehicle Parking Meter Market by Product Type
10.3 ROW Vehicle Parking Meter Market by End Use
10.4 Middle Eastern Vehicle Parking Meter Market
10.5 South American Vehicle Parking Meter Market
10.6 African Vehicle Parking Meter Market
11. Competitor Analysis
11.1 Product Portfolio Analysis
11.2 Operational Integration
11.3 Porter's Five Forces Analysis
Competitive Rivalry
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of Substitutes
Threat of New Entrants
11.4 Market Share Analysis
12. Opportunities & Strategic Analysis
12.1 Value Chain Analysis
12.2 Growth Opportunity Analysis
12.2.1 Growth Opportunities by Product Type
12.2.2 Growth Opportunities by End Use
12.3 Emerging Trends in the Global Vehicle Parking Meter Market
12.4 Strategic Analysis
12.4.1 New Product Development
12.4.2 Certification and Licensing
12.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures
13. Company Profiles of the Leading Players Across the Value Chain