APO RESEARCH · REPORT
Parking Meter Device
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Growth & Trends
Global Parking Meter Device Industry Growth and Trends Forecast to 2032
Market perspective
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.
Read the full market overview
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.
Report Scope
This report provides a structured, data-driven view of the global Parking Meter Device market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Parking Meter Device market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Parking Meter Device market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Parking Meter Device.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Parking Meter Device market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Parking Meter Device Market by Company
Flowbird
POM
T2 Systems
Hectronic
MacKay Meters
METRIC Group
IPS Group
Viatron
IEM
Ventek International
CivicSmart
Parking BOXX
LocoMobi
Horoad Electronic
Kinouwell Tech
Parking Meter Device Segment by Type
Parking Meter (Single Space)
Parking Kiosks (Multi Space)
Parking Meter Device Segment by Application
Government Institutions
Hospitals
Parks
Transit Systems
Malls & Stadiums
Others
Parking Meter Device Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Parking Meter Device market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Parking Meter Device and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Parking Meter Device.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Parking Meter Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Parking Meter Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Parking Meter (Single Space)
- Parking Kiosks (Multi Space)
Applications
- Government Institutions
- Hospitals
- Parks
- Transit Systems
- Malls & Stadiums
- Others
Companies covered
- Flowbird
- POM
- T2 Systems
- Hectronic
- MacKay Meters
- METRIC Group
- IPS Group
- Viatron
- IEM
- Ventek International
- CivicSmart
- Parking BOXX
- LocoMobi
- Horoad Electronic
- Kinouwell Tech
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Parking Meter Device Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Parking Meter Device Sales Estimates and Forecasts (2021-2032)
- 1.3 Parking Meter Device Market by Type
- 1.3.1 Parking Meter (Single Space)
- 1.3.2 Parking Kiosks (Multi Space)
- 1.4 Global Parking Meter Device Market Size by Type
- 1.4.1 Global Parking Meter Device Market Size Overview by Type (2021-2032)
- 1.4.2 Global Parking Meter Device Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Parking Meter Device Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Parking Meter Device Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Parking Meter Device Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Parking Meter Device Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Parking Meter Device Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Parking Meter Device Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Parking Meter Device Industry Trends
- 2.2 Parking Meter Device Industry Drivers
- 2.3 Parking Meter Device Industry Opportunities and Challenges
- 2.4 Parking Meter Device Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Parking Meter Device Revenue (2021-2026)
- 3.2 Global Top Players by Parking Meter Device Sales (2021-2026)
- 3.3 Global Top Players by Parking Meter Device Price (2021-2026)
- 3.4 Global Parking Meter Device Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Parking Meter Device Major Company Production Sites & Headquarters
- 3.6 Global Parking Meter Device Company, Product Type & Application
- 3.7 Global Parking Meter Device Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Parking Meter Device Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Parking Meter Device Players Market Share by Revenue in 2025
- 3.8.3 2025 Parking Meter Device Tier 1, Tier 2, and Tier 3
4 Parking Meter Device Regional Status and Outlook
- 4.1 Global Parking Meter Device Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Parking Meter Device Historic Market Size by Region
- 4.2.1 Global Parking Meter Device Sales in Volume by Region (2021-2026)
- 4.2.2 Global Parking Meter Device Sales in Value by Region (2021-2026)
- 4.2.3 Global Parking Meter Device Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Parking Meter Device Forecasted Market Size by Region
- 4.3.1 Global Parking Meter Device Sales in Volume by Region (2027-2032)
- 4.3.2 Global Parking Meter Device Sales in Value by Region (2027-2032)
- 4.3.3 Global Parking Meter Device Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Parking Meter Device by Application
- 5.1 Parking Meter Device Market by Application
- 5.1.1 Government Institutions
- 5.1.2 Hospitals
- 5.1.3 Parks
- 5.1.4 Transit Systems
- 5.1.5 Malls & Stadiums
- 5.1.6 Others
- 5.2 Global Parking Meter Device Market Size by Application
- 5.2.1 Global Parking Meter Device Market Size Overview by Application (2021-2032)
- 5.2.2 Global Parking Meter Device Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Parking Meter Device Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Parking Meter Device Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Parking Meter Device Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Parking Meter Device Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Parking Meter Device Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Parking Meter Device Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Flowbird
- 6.1.1 Flowbird Company Information
- 6.1.2 Flowbird Business Overview
- 6.1.3 Flowbird Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Flowbird Parking Meter Device Product Portfolio
- 6.1.5 Flowbird Recent Developments
- 6.2 POM
- 6.2.1 POM Company Information
- 6.2.2 POM Business Overview
- 6.2.3 POM Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 POM Parking Meter Device Product Portfolio
- 6.2.5 POM Recent Developments
- 6.3 T2 Systems
- 6.3.1 T2 Systems Company Information
- 6.3.2 T2 Systems Business Overview
- 6.3.3 T2 Systems Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 T2 Systems Parking Meter Device Product Portfolio
- 6.3.5 T2 Systems Recent Developments
- 6.4 Hectronic
- 6.4.1 Hectronic Company Information
- 6.4.2 Hectronic Business Overview
- 6.4.3 Hectronic Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Hectronic Parking Meter Device Product Portfolio
- 6.4.5 Hectronic Recent Developments
- 6.5 MacKay Meters
- 6.5.1 MacKay Meters Company Information
- 6.5.2 MacKay Meters Business Overview
- 6.5.3 MacKay Meters Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 MacKay Meters Parking Meter Device Product Portfolio
- 6.5.5 MacKay Meters Recent Developments
- 6.6 METRIC Group
- 6.6.1 METRIC Group Company Information
- 6.6.2 METRIC Group Business Overview
- 6.6.3 METRIC Group Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 METRIC Group Parking Meter Device Product Portfolio
- 6.6.5 METRIC Group Recent Developments
- 6.7 IPS Group
- 6.7.1 IPS Group Company Information
- 6.7.2 IPS Group Business Overview
- 6.7.3 IPS Group Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 IPS Group Parking Meter Device Product Portfolio
- 6.7.5 IPS Group Recent Developments
- 6.8 Viatron
- 6.8.1 Viatron Company Information
- 6.8.2 Viatron Business Overview
- 6.8.3 Viatron Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Viatron Parking Meter Device Product Portfolio
- 6.8.5 Viatron Recent Developments
- 6.9 IEM
- 6.9.1 IEM Company Information
- 6.9.2 IEM Business Overview
- 6.9.3 IEM Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 IEM Parking Meter Device Product Portfolio
- 6.9.5 IEM Recent Developments
- 6.10 Ventek International
- 6.10.1 Ventek International Company Information
- 6.10.2 Ventek International Business Overview
- 6.10.3 Ventek International Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Ventek International Parking Meter Device Product Portfolio
- 6.10.5 Ventek International Recent Developments
- 6.11 CivicSmart
- 6.11.1 CivicSmart Company Information
- 6.11.2 CivicSmart Business Overview
- 6.11.3 CivicSmart Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 CivicSmart Parking Meter Device Product Portfolio
- 6.11.5 CivicSmart Recent Developments
- 6.12 Parking BOXX
- 6.12.1 Parking BOXX Company Information
- 6.12.2 Parking BOXX Business Overview
- 6.12.3 Parking BOXX Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Parking BOXX Parking Meter Device Product Portfolio
- 6.12.5 Parking BOXX Recent Developments
- 6.13 LocoMobi
- 6.13.1 LocoMobi Company Information
- 6.13.2 LocoMobi Business Overview
- 6.13.3 LocoMobi Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 LocoMobi Parking Meter Device Product Portfolio
- 6.13.5 LocoMobi Recent Developments
- 6.14 Horoad Electronic
- 6.14.1 Horoad Electronic Company Information
- 6.14.2 Horoad Electronic Business Overview
- 6.14.3 Horoad Electronic Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Horoad Electronic Parking Meter Device Product Portfolio
- 6.14.5 Horoad Electronic Recent Developments
- 6.15 Kinouwell Tech
- 6.15.1 Kinouwell Tech Company Information
- 6.15.2 Kinouwell Tech Business Overview
- 6.15.3 Kinouwell Tech Parking Meter Device Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Kinouwell Tech Parking Meter Device Product Portfolio
- 6.15.5 Kinouwell Tech Recent Developments
7 North America by Country
- 7.1 North America Parking Meter Device Sales by Country
- 7.1.1 North America Parking Meter Device Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Parking Meter Device Sales by Country (2021-2026)
- 7.1.3 North America Parking Meter Device Sales Forecast by Country (2027-2032)
- 7.2 North America Parking Meter Device Market Size by Country
- 7.2.1 North America Parking Meter Device Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Parking Meter Device Market Size by Country (2021-2026)
- 7.2.3 North America Parking Meter Device Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Parking Meter Device Sales by Country
- 8.1.1 Europe Parking Meter Device Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Parking Meter Device Sales by Country (2021-2026)
- 8.1.3 Europe Parking Meter Device Sales Forecast by Country (2027-2032)
- 8.2 Europe Parking Meter Device Market Size by Country
- 8.2.1 Europe Parking Meter Device Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Parking Meter Device Market Size by Country (2021-2026)
- 8.2.3 Europe Parking Meter Device Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Parking Meter Device Sales by Country
- 9.1.1 Asia-Pacific Parking Meter Device Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Parking Meter Device Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Parking Meter Device Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Parking Meter Device Market Size by Country
- 9.2.1 Asia-Pacific Parking Meter Device Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Parking Meter Device Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Parking Meter Device Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Parking Meter Device Sales by Country
- 10.1.1 South America Parking Meter Device Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Parking Meter Device Sales by Country (2021-2026)
- 10.1.3 South America Parking Meter Device Sales Forecast by Country (2027-2032)
- 10.2 South America Parking Meter Device Market Size by Country
- 10.2.1 South America Parking Meter Device Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Parking Meter Device Market Size by Country (2021-2026)
- 10.2.3 South America Parking Meter Device Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Parking Meter Device Sales by Country
- 11.1.1 Middle East and Africa Parking Meter Device Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Parking Meter Device Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Parking Meter Device Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Parking Meter Device Market Size by Country
- 11.2.1 Middle East and Africa Parking Meter Device Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Parking Meter Device Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Parking Meter Device Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Parking Meter Device Value Chain Analysis
- 12.1.1 Parking Meter Device Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Parking Meter Device Production Mode & Process
- 12.2 Parking Meter Device Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Parking Meter Device Distributors
- 12.2.3 Parking Meter Device Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst