| Product Code: ETC5407804 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020-24 and a negative growth rate in 2024, Cyprus continues to import parking meters primarily from China, UK, Austria, Greece, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. This suggests that these top exporting countries hold a strong position in supplying parking meters to Cyprus, potentially indicating a preference for their products or competitive pricing strategies. It will be interesting to monitor how these trends evolve in the coming years and if there will be any shifts in market dynamics.

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 Cyprus Parking Meter Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Parking Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Parking Meter Market - Industry Life Cycle |
3.4 Cyprus Parking Meter Market - Porter's Five Forces |
3.5 Cyprus Parking Meter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Cyprus Parking Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Parking Meter Market Revenues & Volume Share, By Parking Mode, 2021 & 2031F |
4 Cyprus Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Parking Meter Market Trends |
6 Cyprus Parking Meter Market Segmentations |
6.1 Cyprus Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2021-2031F |
6.1.3 Cyprus Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2021-2031F |
6.1.4 Cyprus Parking Meter Market Revenues & Volume, By Government Institutions, 2021-2031F |
6.2 Cyprus Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Parking Meter Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Cyprus Parking Meter Market Revenues & Volume, By Parks, 2021-2031F |
6.2.4 Cyprus Parking Meter Market Revenues & Volume, By Transit Systems, 2021-2031F |
6.2.5 Cyprus Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2021-2031F |
6.2.6 Cyprus Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Parking Meter Market Revenues & Volume, By Pay & Display, 2021-2031F |
6.3.3 Cyprus Parking Meter Market Revenues & Volume, By Plate, 2021-2031F |
6.3.4 Cyprus Parking Meter Market Revenues & Volume, By Space, 2021-2031F |
6.3.5 Cyprus Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Parking Meter Market Import-Export Trade Statistics |
7.1 Cyprus Parking Meter Market Export to Major Countries |
7.2 Cyprus Parking Meter Market Imports from Major Countries |
8 Cyprus Parking Meter Market Key Performance Indicators |
9 Cyprus Parking Meter Market - Opportunity Assessment |
9.1 Cyprus Parking Meter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Cyprus Parking Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Parking Meter Market Opportunity Assessment, By Parking Mode, 2021 & 2031F |
10 Cyprus Parking Meter Market - Competitive Landscape |
10.1 Cyprus Parking Meter Market Revenue Share, By Companies, 2024 |
10.2 Cyprus 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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