Global Vehicle Parking Meter market cagr 6.3%

Vehicle Parking Meter Market

Vehicle Parking Meter Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Vehicle Parking Meter Market Size and Growth

The global Vehicle Parking Meter market is projected to reach a value of $XX billion by 2025, growing at a CAGR of XX%. Rising urbanization and increasing vehicle ownership are driving market growth. Key players include Parkeon, Cale Access, IPS Group, and others. Demand for smart parking solutions is expected to fuel market expansion.

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Companies Covered

(Covid 19 Impact Covered)

◍ IPS Group

◍ Duncan Technologies

◍ Meypar

◍ Parking BOXX

◍ Parkeon

◍ Ditech Srl

◍ FAAC (DATAPARK)

◍ IEM SA

◍ Ventek International

The competitive landscape of the Vehicle Parking Meter Market includes companies like IPS Group, Duncan Technologies, Meypar, Parking BOXX, Parkeon, Ditech Srl, FAAC (DATAPARK), IEM SA, Ventek International, and Shenzhen Horoad Electronic Technology. These companies provide innovative parking solutions, technology integration, and operational efficiency to drive growth in the market.

- IPS Group: $50 million

- Duncan Technologies: $30 million

- Parkeon: $100 million

◍ Shenzhen Horoad Electronic Technology

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Market Segmentation

By Application

By Product

Smart Meters ◍ Parking Streets

Legacy Meters

◍ Malls

◍ Hospitals

◍ Public & Private Institutions

◍ Others

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Market Growth

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$ X Billion USD