| Product Code: ETC5407819 | 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 |
The import shipments of parking meters to Grenada in 2024 continued to be dominated by key exporting countries including the USA, Trinidad and Tobago, China, Canada, and Panama. Despite a slight decline in growth rate from 2023 to 2024, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). With a modest compound annual growth rate (CAGR) of 2.21% from 2020 to 2024, the market for parking meters in Grenada is showing steady expansion, although challenges such as the recent decline in growth rate may need to be addressed for sustained growth in the future.
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 Grenada Parking Meter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Parking Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Parking Meter Market - Industry Life Cycle |
3.4 Grenada Parking Meter Market - Porter's Five Forces |
3.5 Grenada Parking Meter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Parking Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Parking Meter Market Revenues & Volume Share, By Parking Mode, 2021 & 2031F |
4 Grenada Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and population density in Grenada leading to higher demand for parking spaces. |
4.2.2 Government initiatives to modernize infrastructure and improve urban mobility, including parking management systems. |
4.2.3 Growing adoption of smart technology solutions in parking operations for efficiency and convenience. |
4.3 Market Restraints |
4.3.1 Limited parking infrastructure and space availability in urban areas of Grenada. |
4.3.2 High initial investment costs and maintenance expenses associated with implementing parking meter systems. |
4.3.3 Lack of awareness and education among consumers about the benefits and usage of parking meters. |
5 Grenada Parking Meter Market Trends |
6 Grenada Parking Meter Market Segmentations |
6.1 Grenada Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2021-2031F |
6.1.3 Grenada Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2021-2031F |
6.1.4 Grenada Parking Meter Market Revenues & Volume, By Government Institutions, 2021-2031F |
6.2 Grenada Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Parking Meter Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Grenada Parking Meter Market Revenues & Volume, By Parks, 2021-2031F |
6.2.4 Grenada Parking Meter Market Revenues & Volume, By Transit Systems, 2021-2031F |
6.2.5 Grenada Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2021-2031F |
6.2.6 Grenada Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Grenada Parking Meter Market Revenues & Volume, By Pay & Display, 2021-2031F |
6.3.3 Grenada Parking Meter Market Revenues & Volume, By Plate, 2021-2031F |
6.3.4 Grenada Parking Meter Market Revenues & Volume, By Space, 2021-2031F |
6.3.5 Grenada Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Parking Meter Market Import-Export Trade Statistics |
7.1 Grenada Parking Meter Market Export to Major Countries |
7.2 Grenada Parking Meter Market Imports from Major Countries |
8 Grenada Parking Meter Market Key Performance Indicators |
8.1 Average utilization rate of parking meters in key urban areas. |
8.2 Percentage increase in revenue generated from parking meter operations over time. |
8.3 Customer satisfaction scores related to the ease of use and convenience of parking meter systems. |
9 Grenada Parking Meter Market - Opportunity Assessment |
9.1 Grenada Parking Meter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Parking Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Parking Meter Market Opportunity Assessment, By Parking Mode, 2021 & 2031F |
10 Grenada Parking Meter Market - Competitive Landscape |
10.1 Grenada Parking Meter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Parking Meter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |