Multispace Parking Meter Market Outlook 2031

  • The global multispace parking meter market was valued at US$ 439.4 Mn in 2020
  • It is estimated to expand at a CAGR of 8.8% from 2021 to 2031
  • The global multispace parking meter market is expected to exceed the value of US$ 1 Bn by the end of 2031

Analysts’ Viewpoint on Multispace Parking Meter Market Scenario

The global multispace parking meter market is significantly driven by increasing demand from government authorities, malls, and transit systems to control parking issues in various developing countries across the globe. Growth and advancement in the transportation sector, along with the rising number of vehicles on road are expected to boost the global multispace parking meter market in the upcoming years. In order to attract more customers and generate value-grab revenue opportunities, players in the global multispace parking meter market are focusing on cost-efficient products. Technological advancements and increasing investment in smart city projects in developing nations are some of the factors responsible for the global multispace parking meter market growth.

Rapid Urbanization and Smart City Development Activities to Offer Significant Opportunities

There is a rapid growth in the number of the people shifting to urban areas. This has increased the demand for resources and services in these urban areas. There is an increasing need of effective parking systems due to rising number of on-road vehicles across the globe. Growing awareness about environmental pollution, parking issues in cities, and traffic congestion are factors expected to fuel the demand for smart parking systems in developing nations across the globe.

Governments of various countries are taking efforts to make people aware about the multispace parking meters. People nowadays are more likely to adopt technologically advanced devices to contribute to smart city development projects. In the U.S., city government is increasingly investing in upgrading their infrastructure to leverage the benefits from the technology. Increasing investments in parking infrastructure are also expected to drive market growth.

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Technological Advancements and Emergence of Smart Parking System Globally

Multispace parking meters enable users to implement real-time repotting, online payment facilities, and more efficient parking management. Digitization, advancement in technologies, and rising usage of technology among end users are factors driving the market. Digital growth has made technologies more cost-efficient to manage various resources and has helped grow revenues from existing resources. Using these multispace parking meters, carbon emission can also be controlled in heavy-traffic areas. Smart parking solutions are widely used in heavy-traffic areas to use the parking space effectively.

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North America to Dominate Global Multispace Parking Meter Market

North America is expected to witness tremendous growth opportunities in the multispace parking meter market. The presence of key manufacturers operating in the region is expected to propel the market growth during the forecast period. The North America multispace parking meter market is projected to expand at rapid pace, and hold a major share of the global parking meter market. Some of the major factors responsible for the market growth are technological advancements, increasing production of automobiles, rising traffic congestion issues, and awareness of advanced parking system methods.

Asia Pacific and Europe are expected to be the significantly growing regions in the multispace parking meter market. Rise in population in emerging economies such as China and India, adoption of smart devices, and growing automotive industry are some of the factors attributable to the rapid expansion of the Asia Pacific multispace parking meter market. Innovations in parking meters and presence of smart multispace parking meter manufacturers in Europe are likely to create potential opportunities in the global market.

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Rising Government Efforts to Control Traffic Congestion in Various Developing Countries

Due to rising urban population, there is an increasing demand for managing resources in a smart way. In order to control traffic congestion in crowded areas, governments are installing multispace parking meters. These multispace parking meters help use the parking space effectively. These parking meters are easy to use and have interactive design. Emergence and rapid adoption of smart parking system in crowded areas reduce the time required by a driver to search for parking spaces. Increasing investment in installation of multispace parking meters by governments in various developing countries is aiding in rapid market expansion.

Impact of Coronavirus on Multispace Parking Meter Market

The global multispace parking meter market has been negatively affected by the rapid spread of coronavirus across the globe. Halting of businesses, strict lockdowns, ban on travel and transportation, and disrupted supply chains have hampered the growth of the global multispace parking meter market. By taking strategic approach, businesses are recovering from the losses and market contributors are focusing on innovative solutions to stay afloat in the market. Increase in number of on-road vehicles, growth of the transportation industry, and rise in investments in smart parking systems by governments of various developing countries are some of the factors driving the global multispace parking meter market during the forecast period.

Multispace Parking Meter Market: Overview

  • According to Transparency Market Research’s latest research report on the global multispace parking meter market for the historical period 2017–2019 and the forecast period 2021–2031, rising demand for multispace parking meter in urban areas used by government authorities, malls, and transit systems to curb the issue of parking. Increasing number of vehicles on road is expected to boost the global multispace parking meter market during the forecast period.
  • Parking areas can be on-street or off-street, according to this parking meter application can be classified as on-street parking meter and off-street parking meter. Evolution of parking meter, the shift was from mechanical machines to battery-operated systems or digital solar based smart meter is estimated to offer significant opportunities for the multispace meter market during the forecast period.

Consistent Rise in Urban Traffic Congestion: Key Driver of Multispace Parking Meter Market

  • Congestion is the breakdown in traffic flow, reduction in speed, and increase in crowding that occurs when a road’s capacity has been exceeded. Increasing urban population has fueled the demand to manage resources smartly in order to reduce the burden on different departments. A driver spends multiple hours searching for parking spaces, which in turn increases traffic congestion in crowded areas.
  • Increasing urban mobility is consequently boosting the demand for improved parking solution. Digitization has made technologies more affordable to manage various resources and has helped fuel revenues from existing resources. The traditional single parking meter technology is being replaced by the digital multispace parking meter.
  • Rising urban traffic congestion is driving the development of smart parking solutions to use parking space effectively and pay for the selected time period. The single parking meter in various cities is currently being replaced with multispace meter. These meters also enable parking managers to implement dynamic pricing, offer real-time reporting, allow for more efficient parking enforcement, and increase revenue generation.
  • Easy and interactive multispace meters would make parking payments easier and reduce congestion, drivers time, and carbon emission
  • Demand from different municipal corporations and private parking infrastructure to curb traffic congestion is driving the multispace parking meter market

Increasing Smart City Investment

  • Rise in number of the people moving to urban areas is boosting the demand for resources and services in these urban areas. 34 cities worldwide would have a population of greater than 10 million people by the year 2025. Cities already consume two-thirds of the world’s energy and a majority of other resources.
  • Evolving parking ecosystems are becoming more prevalent in smart community planning and budgeting, as well as environmental development program aimed at reducing traffic, air, and noise pollution, and making cities more liveable
  • City governments in the U.S. are expected to invest approximately US$ 41 Trn over the next 20 years to upgrade their infrastructure in order to benefit from technology. Increased demand on city resources, including the reliability of energy and power, the quality of the air, and the flow of traffic, would impact the quality of living.
  • Investment in parking infrastructure can also be good for real return on investment, as parking is typically the second- or third-highest revenue source for a city
  • Thus, consistent rise in the smart city development is estimated to boost the multispace parking meter market

Multispace Parking Meter Market: Competition Landscape

  • Detailed profiles of providers of multispace parking meter have been given in the report to evaluate their financials, key product offerings, recent developments, and strategies. Key players operating in the global multispace parking meter market include
    • Flowbird Group
    • Hectronic
    • IEM SA
    • IPS Group, Inc.
    • J.J. MacKay Limited
    • Kinouwell Tech
    • METRIC Group Ltd
    • POM Inc.
    • Shenzhen Horoad Electronic Technology Development Co., Ltd.
    • Ventek International.

Multispace Parking Meter Market: Key Developments

  • Key providers of multispace parking meters, such as ARRK North America, Inc., Avid Product Development LLC, and Stratasys Ltd, are focused on the design of cost-effective multispace parking meters to attract more customers. Other key developments in the global multispace parking meter market have been highlighted below:
    • In March 2022, Flowbird Group launched Pay by Text Solution, its latest advancement in customer convenience. The Pay by Text is a web-based solution that enables drivers to pay for their parking session directly from their phone without creating an account or downloading an app.
    • In January 2022, Flowbird Group entered into a partnership with the city of Des Moines, Iowa, U.S., to upgrade its smart multispace technology for parking system. The company with its local distributors and service provider, Baker Group, is in the process of implementing a smart multispace pay station solution offering several exciting features to drivers.
    • In January 2020, CivicSmart, Inc. entered into a contract with the City of Colorado Springs, CO, U.S. to upgrade the City Smart Parking program. The company had selected to upgrade the City's current smart meters with Liberty Next Gen (LNG) smart parking meters to provide new meter housings. The city has installed vehicle detection sensors to provide real-time information about on-street occupancy and availability to advance the complexity of the City parking program.
    • In June 2019, Flowbird Group acquired 100% of Yellowbrick International by completing the acquisition of remaining 30% share. The acquisition helped Flowbird to consolidate its position in the digital parking market.
    • In June 2018, Hectronic, a subsidiary of Hectronic Vertriebs & Service GmbH, acquired on-street parking system divisions from Kienzle Argo GmbH. The acquisition helps the company to consolidate its presence in the market in Germany.
  • In the global multispace parking meter market report, we have discussed individual strategies, followed by company profiles of providers of the multispace parking meter. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global multispace parking meter market.

Multispace Parking Meter Market Snapshot

Attribute

Detail

Market Size Value in 2020

US$ 439.4 Mn

Market Forecast Value in 2031

US$ 1,057.9 Mn

Growth Rate (CAGR)

8.8%

Forecast Period

2021‒2031

Quantitative Units

US$ Mn for Value

Research Scope

The global multispace parking meter market report provides analysis of the global multispace parking meter market for the 2018-2031 period, wherein 2017‒2019 is the historic year, 2020 is base year, and 2021–2031 is the forecast period. The research report provides in-depth analysis of the global multispace parking meter market in terms of type, payment mode, end use, and region.

Report Coverage

The report covers all prevalent trends and technologies playing a major role in the expansion of the global market. It also highlights various drivers, restraints, and trends that are expected to influence the market during the forecast period.

Format

Electronic (PDF) or word

Market Segmentation

  • Type
    • On-street Multispace Meters
    • Off-street Multispace Meters
  • Payment Mode
    • Cash
    • Payment Cards (Debit Card, Credit Card, etc.)
    • Mobile Payment
  • End-use
    • Government Institutions
    • Hospitals
    • Parks
    • Transit Systems
    • Malls and Stadiums
    • Others (Institutions, Residential, etc.)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (Middle East & Africa, South America)

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • Argentina
  • GCC Countries
  • South Africa

Companies Profiled

  • Flowbird Group
  • Hectronic
  • IEM SA
  • IPS Group, Inc.
  • J.J. MacKay Limited
  • Kinouwell Tech
  • METRIC Group Ltd
  • POM Inc.
  • Shenzhen Horoad Electronic Technology Development Co., Ltd.
  • Ventek International

Customization Scope

Available upon Request

Pricing

Available upon Request

Multispace Parking Meter Market – Scope of Report

A new study on the global multispace parking meter market is published by Transparency Market Research (TMR). It presents detailed information on key market dynamics, including drivers, trends, and challenges for the global multispace parking meter market as well as its structure. TMR’s study offers valuable information on the global multispace parking meter market in order to illustrate how the market is expected to expand during the forecast period, i.e. 2021–2031.

Key indicators of market growth, which include value chain analysis and compound annual growth rate (CAGR), are elucidated in TMR’s study in a comprehensive manner. This data can help readers interpret the quantitative growth aspects of the global multispace parking meter market.

An extensive analysis of business strategies adopted by leading market players is also featured in TMR’s study on the global multispace parking meter market. This can help readers understand key factors responsible for expansion of the global multispace parking meter market. In this study, readers can also find specific data on avenues for qualitative and quantitative growth of the global multispace parking meter market. This data would guide market players in making apt decisions in the near future.

Key Questions Answered in TMR’s Study on Global Multispace Parking Meter Market

  • What would be the Y-o-Y growth trend of the global multispace parking meter market between 2021 and 2031?
  • What is the influence of changing trends in the payment mode segment on the global multispace parking meter market?
  • Would Asia Pacific continue to be the most dominant regional market for providers of multispace parking meter in the next few years?
  • Which factors would hinder the global multispace parking meter market during the forecast period?
  • Which are the leading companies operating in the global multispace parking meter market?

Research Methodology

A unique research methodology is utilized by TMR to conduct comprehensive research on the global multispace parking meter market and arrive at conclusions on future growth prospects for the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the conclusions drawn.

Secondary research sources referred to by analysts during production of the report on the global multispace parking meter market include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and market white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who have contributed to production of TMR’s study on the global Multispace Parking Meter market as a primary research source.

These primary and secondary sources provided exclusive information during interviews, which served as a validation from leading players operating in the global multispace parking meter market. Access to an extensive internal repository as well as external proprietary databases allowed this report to address specific details and questions about the global multispace parking meter market with accuracy. The study also uses a top-down approach to assess the numbers for each segment and a bottom-up approach to counter-validate them. This has helped in making TMR’s estimates on future prospects for the global multispace parking meter market more reliable and accurate.

Multispace Parking Meter Market – Segmentation

TMR’s study of the global multispace parking meter market segments the market based on type, payment mode, end-use, and region. Changing market trends and other crucial market dynamics associated with segments of the global multispace parking meter market have been discussed in detail in TMR’s study.

Type
  • On-street Multispace Meters
  • Off-street Multispace Meters
Payment Mode
  • Cash
  • Payment Cards (Debit Card, Credit Card, etc.)
  • Mobile Payment
End-use
  • Government Institutions
  • Hospitals
  • Parks
  • Transit Systems
  • Malls & Stadiums
  • Others (Institutions, Residential, etc.)
Region
  • North America
  • Europe
  • Asia Pacific
  • Rest Of the World

1. Preface

    1.1. Research Scope

    1.2. Multispace Parking Meter Market Overview

    1.3. Market and Segments Definition

    1.4. Market Taxonomy

    1.5. Research Methodology

    1.6. Assumption and Acronyms

2. Executive Summary

    2.1. Global Multispace Parking Meter Market Analysis and Forecast

    2.2. Market Dynamics Snapshot

    2.3. Competition Blueprint

3. Market Dynamics

    3.1. Macro-economic Factors

    3.2. Drivers

    3.3. Restraints

    3.4. Opportunities

    3.5. Key Trends

4. Associated Industry and Key Indicator Assessment

    4.1. Parent Industry Overview- Parking Management Industry

    4.2. Supply Chain Analysis

    4.3. Industry SWOT Analysis

    4.4. Price Trend Analysis

    4.5. Porter Five Forces Analysis

    4.6. Technology Roadmap

    4.7. COVID-19 Impact Analysis

5. Global Multispace Parking Meter Market Analysis and Forecast

    5.1. Multispace Parking Meter Market – Global Overview

6. Global Multispace Parking Meter Market Analysis, by Type

    6.1. Global Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Type, 2017‒2031

        6.1.1. On - Street Multispace Meters

        6.1.2. OFF - Street Multispace Meters

    6.2. Global Multispace Parking Meter Market Attractiveness Analysis, by Type

7. Global Multispace Parking Meter Market Analysis, by Payment Mode

    7.1. Global Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Payment Mode, 2017‒2031

        7.1.1. Cash

        7.1.2. Payment Cards (Debit Card, Credit Card, etc.)

        7.1.3. Mobile Payment

    7.2. Global Multispace Parking Meter Market Attractiveness Analysis, by Payment Mode

8. Global Multispace Parking Meter Market Analysis, by End-use

    8.1. Global Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        8.1.1. Government Institutions

        8.1.2. Hospitals

        8.1.3. Parks

        8.1.4. Transit Systems

        8.1.5. Malls and Stadiums

        8.1.6. Others (Institutions, Residential, etc.)

    8.2. Global Multispace Parking Meter Market Attractiveness Analysis, by End-use

9. Global Multispace Parking Meter Market Analysis and Forecast, by Region

    9.1. Global Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Region, 2017 – 2031

        9.1.1. North America

        9.1.2. Europe

        9.1.3. Asia Pacific

        9.1.4. Middle East & Africa

        9.1.5. South America

    9.2. Global Multispace Parking Meter Market Attractiveness Analysis, by Region

10. North America Multispace Parking Meter Market Analysis and Forecast

    10.1. Market Snapshot

    10.2. North America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Type, 2017‒2031

        10.2.1. On - Street Multispace Meters

        10.2.2. OFF - Street Multispace Meters

    10.3. North America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Payment Mode, 2017‒2031

        10.3.1. Cash

        10.3.2. Payment Cards (Debit Card, Credit Card, etc.)

        10.3.3. Mobile Payment

    10.4. North America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        10.4.1. Government Institutions

        10.4.2. Hospitals

        10.4.3. Parks

        10.4.4. Transit Systems

        10.4.5. Malls and Stadiums

        10.4.6. Others (Institutions, Residential, etc.)

    10.5. North America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017 – 2031

        10.5.1. U.S.

        10.5.2. Canada

        10.5.3. Rest of North America

    10.6. North America Multispace Parking Meter Market Attractiveness Analysis

        10.6.1. By Type

        10.6.2. By Payment Mode

        10.6.3. By End-use

        10.6.4. By Country & Sub-region

11. Europe Multispace Parking Meter Market Analysis and Forecast

    11.1. Market Snapshot

    11.2. Europe Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Type, 2017‒2031

        11.2.1. On - Street Multispace Meters

        11.2.2. OFF - Street Multispace Meters

    11.3. Europe Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Payment Mode, 2017‒2031

        11.3.1. Cash

        11.3.2. Payment Cards (Debit Card, Credit Card, etc.)

        11.3.3. Mobile Payment

    11.4. Europe Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        11.4.1. Government Institutions

        11.4.2. Hospitals

        11.4.3. Parks

        11.4.4. Transit Systems

        11.4.5. Malls and Stadiums

        11.4.6. Others (Institutions, Residential, etc.)

    11.5. Europe Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        11.5.1. U.K.

        11.5.2. Germany

        11.5.3. France

        11.5.4. Rest of Europe

    11.6. Europe Multispace Parking Meter Market Attractiveness Analysis

        11.6.1. By Type

        11.6.2. By Payment Mode

        11.6.3. By End-use

        11.6.4. By Country & Sub-region

12. Asia Pacific Multispace Parking Meter Market Analysis and Forecast

    12.1. Market Snapshot

    12.2. Asia Pacific Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Type, 2017‒2031

        12.2.1. On - Street Multispace Meters

        12.2.2. OFF - Street Multispace Meters

    12.3. Asia Pacific Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Payment Mode, 2017‒2031

        12.3.1. Cash

        12.3.2. Payment Cards (Debit Card, Credit Card, etc.)

        12.3.3. Mobile Payment

    12.4. Asia Pacific Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        12.4.1. Government Institutions

        12.4.2. Hospitals

        12.4.3. Parks

        12.4.4. Transit Systems

        12.4.5. Malls and Stadiums

        12.4.6. Others (Institutions, Residential, etc.)

    12.5. Asia Pacific Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        12.5.1. China

        12.5.2. India

        12.5.3. Japan

        12.5.4. South Korea

        12.5.5. ASEAN

        12.5.6. Rest of Asia Pacific

    12.6. Asia Pacific Multispace Parking Meter Market Attractiveness Analysis

        12.6.1. By Type

        12.6.2. By Payment Mode

        12.6.3. By End-use

        12.6.4. By Country & Sub-region

13. Middle East & Africa (MEA) Multispace Parking Meter Market Analysis and Forecast

    13.1. Market Snapshot

    13.2. MEA Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Type, 2017‒2031

        13.2.1. On - Street Multispace Meters

        13.2.2. OFF - Street Multispace Meters

    13.3. MEA Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Payment Mode, 2017‒2031

        13.3.1. Cash

        13.3.2. Payment Cards (Debit Card, Credit Card, etc.)

        13.3.3. Mobile Payment

    13.4. MEA Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        13.4.1. Government Institutions

        13.4.2. Hospitals

        13.4.3. Parks

        13.4.4. Transit Systems

        13.4.5. Malls and Stadiums

        13.4.6. Others (Institutions, Residential, etc.)

    13.5. MEA Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        13.5.1. GCC

        13.5.2. South Africa

        13.5.3. Rest of Middle East & Africa

    13.6. MEA Multispace Parking Meter Market Attractiveness Analysis

        13.6.1. By Type

        13.6.2. By Payment Mode

        13.6.3. By End-use

        13.6.4. By Country & Sub-region

14. South America Multispace Parking Meter Market Analysis and Forecast

    14.1. Market Snapshot

    14.2. South America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Type, 2017‒2031

        14.2.1. On - Street Multispace Meters

        14.2.2. OFF - Street Multispace Meters

    14.3. South America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Payment Mode, 2017‒2031

        14.3.1. Cash

        14.3.2. Payment Cards (Debit Card, Credit Card, etc.)

        14.3.3. Mobile Payment

    14.4. South America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017‒2031

        14.4.1. Government Institutions

        14.4.2. Hospitals

        14.4.3. Parks

        14.4.4. Transit Systems

        14.4.5. Malls and Stadiums

        14.4.6. Others (Institutions, Residential, etc.)

    14.5. South America Multispace Parking Meter Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017‒2031

        14.5.1. Brazil

        14.5.2. Rest of South America

    14.6. South America Multispace Parking Meter Market Attractiveness Analysis

        14.6.1. By Type

        14.6.2. By Payment Mode

        14.6.3. By End-use

        14.6.4. By Country & Sub-region

15. Competition Assessment

    15.1. Global Multispace Parking Meter Market Competition Matrix - a Dashboard View

    15.2. Global Multispace Parking Meter Market Company Share Analysis, by Value (2020)

16. Company Profiles (Manufacturers/Suppliers)

    16.1. Flowbird Group

        16.1.1. Overview

        16.1.2. Product Portfolio

        16.1.3. Sales Footprint

        16.1.4. Strategy and Recent Developments

        16.1.5. Key Financials

    16.2. Hectronic

        16.2.1. Overview

        16.2.2. Product Portfolio

        16.2.3. Sales Footprint

        16.2.4. Strategy and Recent Developments

        16.2.5. Key Financials

    16.3. IEM SA

        16.3.1. Overview

        16.3.2. Product Portfolio

        16.3.3. Sales Footprint

        16.3.4. Strategy and Recent Developments

        16.3.5. Key Financials

    16.4. IPS Group, Inc.

        16.4.1. Overview

        16.4.2. Product Portfolio

        16.4.3. Sales Footprint

        16.4.4. Strategy and Recent Developments

        16.4.5. Key Financials

    16.5. J.J. MacKay Limited

        16.5.1. Overview

        16.5.2. Product Portfolio

        16.5.3. Sales Footprint

        16.5.4. Strategy and Recent Developments

        16.5.5. Key Financials

    16.6. Kinouwell Tech

        16.6.1. Overview

        16.6.2. Product Portfolio

        16.6.3. Sales Footprint

        16.6.4. Strategy and Recent Developments

        16.6.5. Key Financials

    16.7. METRIC Group Ltd

        16.7.1. Overview

        16.7.2. Product Portfolio

        16.7.3. Sales Footprint

        16.7.4. Strategy and Recent Developments

        16.7.5. Key Financials

    16.8. POM Inc.

        16.8.1. Overview

        16.8.2. Product Portfolio

        16.8.3. Sales Footprint

        16.8.4. Strategy and Recent Developments

        16.8.5. Key Financials

    16.9. Shenzhen Horoad Electronic Technology Development Co., Ltd.

        16.9.1. Overview

        16.9.2. Product Portfolio

        16.9.3. Sales Footprint

        16.9.4. Strategy and Recent Developments

        16.9.5. Key Financials

    16.10. Ventek International

        16.10.1. Overview

        16.10.2. Product Portfolio

        16.10.3. Sales Footprint

        16.10.4. Strategy and Recent Developments

        16.10.5. Key Financials

17. Recommendation

    17.1. Opportunity Assessment

        17.1.1. By Type.

        17.1.2. By Payment Mode

        17.1.3. By End-use

        17.1.4. By Region

List of Tables

Table 1: Global Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Type, 2017‒2031

Table 2: Global Multispace Parking Meter Market Volume (Thousand Unit) & Forecast, by Type, 2017‒2031

Table 3: Global Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Payment Mode, 2017‒2031

Table 4: Global Multispace Parking Meter Market Value (US$ Mn) & Forecast, by End-use, 2017‒2031

Table 5: Global Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Region, 2017‒2031

Table 6: North America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Type, 2017‒2031

Table 7: North America Multispace Parking Meter Market Volume (Thousand Unit) & Forecast, by Type, 2017‒2031

Table 8: North America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Payment Mode, 2017‒2031

Table 9: North America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by End-use, 2017‒2031

Table 10: North America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017‒2031

Table 11: Europe Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Type, 2017‒2031

Table 12: Europe Multispace Parking Meter Market Volume (Thousand Unit) & Forecast, by Type, 2017‒2031

Table 13: Europe Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Payment Mode, 2017‒2031

Table 14: Europe Multispace Parking Meter Market Value (US$ Mn) & Forecast, by End-use, 2017‒2031

Table 15: Europe Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017‒2031

Table 16: Asia Pacific Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Type, 2017‒2031

Table 17: Asia Pacific Multispace Parking Meter Market Volume (Thousand Unit) & Forecast, by Type, 2017‒2031

Table 18: Asia Pacific Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Payment Mode, 2017‒2031

Table 19: Asia Pacific Multispace Parking Meter Market Value (US$ Mn) & Forecast, by End-use, 2017‒2031

Table 20: Asia Pacific Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017‒2031

Table 21: Middle East & Africa Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Type, 2017‒2031

Table 22: Middle East & Africa Multispace Parking Meter Market Volume (Thousand Unit) & Forecast, by Type, 2017‒2031

Table 23: Middle East & Africa Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Payment Mode, 2017‒2031

Table 24: Middle East & Africa Multispace Parking Meter Market Value (US$ Mn) & Forecast, by End-use, 2017‒2031

Table 25: Middle East & Africa Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017‒2031

Table 26: South America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Type, 2017‒2031

Table 27: South America Multispace Parking Meter Market Volume (Thousand Unit) & Forecast, by Type, 2017‒2031

Table 28: South America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Payment Mode, 2017‒2031

Table 29: South America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by End-use, 2017‒2031

Table 30: South America Multispace Parking Meter Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017‒2031 

List of Figures

Figure 01: Supply Chain Analysis - Global Multispace Parking Meter

Figure 02: Global Multispace Parking Meter Price Trend Analysis (Average Price, US$)

Figure 03: Porter Five Forces Analysis - Global Multispace Parking Meter

Figure 04: Technology Road Map - Global Multispace Parking Meter

Figure 05: Global Multispace Parking Meters Market, Value (US$ Mn), 2017-2031

Figure 06: Global Multispace Parking Meter Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031

Figure 07: Global Multispace Parking Meters Market, Volume (Thousand Units), 2017-2031

Figure 08: Global Multispace Parking Meter Market Size & Forecast, Y-O-Y, Volume (Thousand Units), 2017‒2031

Figure 09: Global Multispace Parking Meter Market Projections by Type, Value (US$ Mn), 2017‒2031

Figure 10: Global Multispace Parking Meter Market, Incremental Opportunity, by Type, 2021‒2031

Figure 11: Global Multispace Parking Meter Market Share Analysis, by Type, 2021 and 2031

Figure 12: Global Multispace Parking Meter Market Projections by Payment Mode, Value (US$ Mn), 2017‒2031

Figure 13: Global Multispace Parking Meter Market, Incremental Opportunity, by Payment Mode, 2021‒2031

Figure 14: Global Multispace Parking Meter Market Share Analysis, by Payment Mode, 2021 and 2031

Figure 15: Global Multispace Parking Meter Market Projections by End-use, Value (US$ Mn), 2017‒2031

Figure 16: Global Multispace Parking Meter Market, Incremental Opportunity, by End-use, 2021‒2031

Figure 17: Global Multispace Parking Meter Market Share Analysis, by End-use, 2021 and 2031

Figure 18: Global Multispace Parking Meter Market Projections by Region, Value (US$ Mn), 2017‒2031

Figure 19: Global Multispace Parking Meter Market, Incremental Opportunity, by Region, 2021‒2031

Figure 20: Global Multispace Parking Meter Market Share Analysis, by Region, 2021 and 2031

Figure 21: North America Multispace Parking Meter Market Size & Forecast, Value (US$ Mn), 2017‒2031

Figure 22: North America Multispace Parking Meter Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031

Figure 23: North America Multispace Parking Meters Market, Volume (Thousand Units), 2017-2031

Figure 24: North America Multispace Parking Meter Market Size & Forecast, Y-O-Y, Volume (Thousand Units), 2017‒2031

Figure 25: North America Multispace Parking Meter Market Projections by Type Value (US$ Mn), 2017‒2031

Figure 26: North America Multispace Parking Meter Market, Incremental Opportunity, by Type, 2021‒2031

Figure 27: North America Multispace Parking Meter Market Share Analysis, by Type, 2021 and 2031

Figure 28: North America Multispace Parking Meter Market Projections by Payment Mode, Value (US$ Mn), 2017‒2031

Figure 29: North America Multispace Parking Meter Market, Incremental Opportunity, by Payment Mode, 2021‒2031

Figure 30: North America Multispace Parking Meter Market Share Analysis, by Payment Mode, 2021 and 2031

Figure 31: North America Multispace Parking Meter Market Projections by End-use, Value (US$ Mn), 2017‒2031

Figure 32: North America Multispace Parking Meter Market, Incremental Opportunity, by End-use, 2021‒2031

Figure 33: North America Multispace Parking Meter Market Share Analysis, by End-use, 2021 and 2031

Figure 34: North America Multispace Parking Meter Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031

Figure 35: North America Multispace Parking Meter Market, Incremental Opportunity, by Country & Sub-region, 2021‒2031

Figure 36: North America Multispace Parking Meter Market Share Analysis, by Country & Sub-region, 2021 and 2031

Figure 37: Europe Multispace Parking Meter Market Size & Forecast, Value (US$ Mn), 2017‒2031

Figure 38: Europe Multispace Parking Meter Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031

Figure 39: Europe Multispace Parking Meters Market, Volume (Thousand Units), 2017-2031

Figure 40: Europe Multispace Parking Meter Market Size & Forecast, Y-O-Y, Volume (Thousand Units), 2017‒2031

Figure 41: Europe Multispace Parking Meter Market Projections by Type Value (US$ Mn), 2017‒2031

Figure 42: Europe Multispace Parking Meter Market, Incremental Opportunity, by Type, 2021‒2031

Figure 43: Europe Multispace Parking Meter Market Share Analysis, by Type, 2021 and 2031

Figure 44: Europe Multispace Parking Meter Market Projections by Payment Mode, Value (US$ Mn), 2017‒2031

Figure 45: Europe Multispace Parking Meter Market, Incremental Opportunity, by Payment Mode, 2021‒2031

Figure 46: Europe Multispace Parking Meter Market Share Analysis, by Payment Mode, 2021 and 2031

Figure 47: Europe Multispace Parking Meter Market Projections by End-use, Value (US$ Mn), 2017‒2031

Figure 48: Europe Multispace Parking Meter Market, Incremental Opportunity, by End-use, 2021‒2031

Figure 49: Europe Multispace Parking Meter Market Share Analysis, by End-use, 2021 and 2031

Figure 50: Europe Multispace Parking Meter Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031

Figure 51: Europe Multispace Parking Meter Market, Incremental Opportunity, by Country & Sub-region, 2021‒2031

Figure 52: Europe Multispace Parking Meter Market Share Analysis, by Country & Sub-region, 2021 and 2031

Figure 53: Asia Pacific Multispace Parking Meter Market Size & Forecast, Value (US$ Mn), 2017‒2031

Figure 54: Asia Pacific Multispace Parking Meter Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031

Figure 55: Asia Pacific Multispace Parking Meters Market, Volume (Thousand Units), 2017-2031

Figure 56: Asia Pacific Multispace Parking Meter Market Size & Forecast, Y-O-Y, Volume (Thousand Units), 2017‒2031

Figure 57: Asia Pacific Multispace Parking Meter Market Projections by Type Value (US$ Mn), 2017‒2031

Figure 58: Asia Pacific Multispace Parking Meter Market, Incremental Opportunity, by Type, 2021‒2031

Figure 59: Asia Pacific Multispace Parking Meter Market Share Analysis, by Type, 2021 and 2031

Figure 60: Asia Pacific Multispace Parking Meter Market Projections by Payment Mode, Value (US$ Mn), 2017‒2031

Figure 61: Asia Pacific Multispace Parking Meter Market, Incremental Opportunity, by Payment Mode, 2021‒2031

Figure 62: Asia Pacific Multispace Parking Meter Market Share Analysis, by Payment Mode, 2021 and 2031

Figure 63: Asia Pacific Multispace Parking Meter Market Projections by End-use, Value (US$ Mn), 2017‒2031

Figure 64: Asia Pacific Multispace Parking Meter Market, Incremental Opportunity, by End-use, 2021‒2031

Figure 65: Asia Pacific Multispace Parking Meter Market Share Analysis, by End-use, 2021 and 2031

Figure 66: Asia Pacific Multispace Parking Meter Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031

Figure 67: Asia Pacific Multispace Parking Meter Market, Incremental Opportunity, by Country & Sub-region, 2021‒2031

Figure 68: Asia Pacific Multispace Parking Meter Market Share Analysis, by Country & Sub-region, 2021 and 2031

Figure 69: MEA Multispace Parking Meter Market Size & Forecast, Value (US$ Mn), 2017‒2031

Figure 70: MEA Multispace Parking Meter Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031

Figure 71: MEA Multispace Parking Meters Market, Volume (Thousand Units), 2017-2031

Figure 72: MEA Multispace Parking Meter Market Size & Forecast, Y-O-Y, Volume (Thousand Units), 2017‒2031

Figure 73: MEA Multispace Parking Meter Market Projections by Type Value (US$ Mn), 2017‒2031

Figure 74: MEA Multispace Parking Meter Market, Incremental Opportunity, by Type, 2021‒2031

Figure 75: MEA Multispace Parking Meter Market Share Analysis, by Type, 2021 and 2031

Figure 76: MEA Multispace Parking Meter Market Projections by Payment Mode, Value (US$ Mn), 2017‒2031

Figure 77: MEA Multispace Parking Meter Market, Incremental Opportunity, by Payment Mode, 2021‒2031

Figure 78: MEA Multispace Parking Meter Market Share Analysis, by Payment Mode, 2021 and 2031

Figure 79: MEA Multispace Parking Meter Market Projections by End-use, Value (US$ Mn), 2017‒2031

Figure 80: MEA Multispace Parking Meter Market, Incremental Opportunity, by End-use, 2021‒2031

Figure 81: MEA Multispace Parking Meter Market Share Analysis, by End-use, 2021 and 2031

Figure 82: MEA Multispace Parking Meter Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031

Figure 83: MEA Multispace Parking Meter Market, Incremental Opportunity, by Country & Sub-region, 2021‒2031

Figure 84: MEA Multispace Parking Meter Market Share Analysis, by Country & Sub-region, 2021 and 2031

Figure 85: South America Multispace Parking Meter Market Size & Forecast, Value (US$ Mn), 2017‒2031

Figure 86: South America Multispace Parking Meter Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017‒2031

Figure 87: South America Multispace Parking Meters Market, Volume (Thousand Units), 2017-2031

Figure 88: South America Multispace Parking Meter Market Size & Forecast, Y-O-Y, Volume (Thousand Units), 2017‒2031

Figure 89: South America Multispace Parking Meter Market Projections by Type Value (US$ Mn), 2017‒2031

Figure 90: South America Multispace Parking Meter Market, Incremental Opportunity, by Type, 2021‒2031

Figure 91: South America Multispace Parking Meter Market Share Analysis, by Type, 2021 and 2031

Figure 92: South America Multispace Parking Meter Market Projections by Payment Mode, Value (US$ Mn), 2017‒2031

Figure 93: South America Multispace Parking Meter Market, Incremental Opportunity, by Payment Mode, 2021‒2031

Figure 94: South America Multispace Parking Meter Market Share Analysis, by Payment Mode, 2021 and 2031

Figure 95: South America Multispace Parking Meter Market Projections by End-use, Value (US$ Mn), 2017‒2031

Figure 96: South America Multispace Parking Meter Market, Incremental Opportunity, by End-use, 2021‒2031

Figure 97: South America Multispace Parking Meter Market Share Analysis, by End-use, 2021 and 2031

Figure 98: South America Multispace Parking Meter Market Projections by Country & Sub-region, Value (US$ Mn), 2017‒2031

Figure 99: South America Multispace Parking Meter Market, Incremental Opportunity, by Country & Sub-region, 2021‒2031

Figure 100: South America Multispace Parking Meter Market Share Analysis, by Country & Sub-region, 2021 and 2031

Figure 101: Global Multispace Parking Meters Market Competition

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Multispace Parking Meter Market