| Product Code: ETC5407780 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
During 2020-2024, the Bahamas parking meter market witnessed a steady increase in imports, with a Compound Annual Growth Rate (CAGR) of 16.77%. In 2023-2024, there was a slight decrease in the year-on-year growth rate by -1.27%. This overall upward trend was driven by the consistent growth in import volumes during the period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahamas Parking Meter Market Overview |
3.1 Bahamas Country Macro Economic Indicators |
3.2 Bahamas Parking Meter Market Revenues & Volume, 2022 & 2032F |
3.3 Bahamas Parking Meter Market - Industry Life Cycle |
3.4 Bahamas Parking Meter Market - Porter's Five Forces |
3.5 Bahamas Parking Meter Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.6 Bahamas Parking Meter Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Bahamas Parking Meter Market Revenues & Volume Share, By Parking Mode, 2022 & 2032F |
4 Bahamas Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population growth leading to higher demand for parking spaces |
4.2.2 Government initiatives to improve traffic management and reduce congestion |
4.2.3 Growing focus on smart city infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing parking meter systems |
4.3.2 Resistance from traditional parking operators or lack of awareness about the benefits of parking meters |
4.3.3 Potential challenges in integrating new technology with existing infrastructure |
5 Bahamas Parking Meter Market Trends |
6 Bahamas Parking Meter Market Segmentations |
6.1 Bahamas Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Bahamas Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2022-2032F |
6.1.3 Bahamas Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2022-2032F |
6.1.4 Bahamas Parking Meter Market Revenues & Volume, By Government Institutions, 2022-2032F |
6.2 Bahamas Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bahamas Parking Meter Market Revenues & Volume, By Hospitals, 2022-2032F |
6.2.3 Bahamas Parking Meter Market Revenues & Volume, By Parks, 2022-2032F |
6.2.4 Bahamas Parking Meter Market Revenues & Volume, By Transit Systems, 2022-2032F |
6.2.5 Bahamas Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2022-2032F |
6.2.6 Bahamas Parking Meter Market Revenues & Volume, By Others, 2022-2032F |
6.3 Bahamas Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Bahamas Parking Meter Market Revenues & Volume, By Pay & Display, 2022-2032F |
6.3.3 Bahamas Parking Meter Market Revenues & Volume, By Plate, 2022-2032F |
6.3.4 Bahamas Parking Meter Market Revenues & Volume, By Space, 2022-2032F |
6.3.5 Bahamas Parking Meter Market Revenues & Volume, By Others, 2022-2032F |
7 Bahamas Parking Meter Market Import-Export Trade Statistics |
7.1 Bahamas Parking Meter Market Export to Major Countries |
7.2 Bahamas Parking Meter Market Imports from Major Countries |
8 Bahamas Parking Meter Market Key Performance Indicators |
8.1 Average utilization rate of parking meters |
8.2 Percentage increase in revenue generated from parking meters annually |
8.3 Average time taken to find parking spaces at locations with parking meters |
8.4 Customer satisfaction scores related to the convenience of using parking meters |
8.5 Number of parking violations issued and collected through parking meters |
9 Bahamas Parking Meter Market - Opportunity Assessment |
9.1 Bahamas Parking Meter Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.2 Bahamas Parking Meter Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Bahamas Parking Meter Market Opportunity Assessment, By Parking Mode, 2022 & 2032F |
10 Bahamas Parking Meter Market - Competitive Landscape |
10.1 Bahamas Parking Meter Market Revenue Share, By Companies, 2025 |
10.2 Bahamas Parking Meter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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