| Product Code: ETC5407833 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Laos continued to rely on imports of parking meters, with top exporters being China, Thailand, and the United Kingdom. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline, with a Compound Annual Growth Rate (CAGR) of -32.97 and a growth rate of -42.2. These figures indicate a challenging landscape for parking meter imports in Laos, pointing towards potential shifts in market dynamics and demands.

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 Laos Parking Meter Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Parking Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Parking Meter Market - Industry Life Cycle |
3.4 Laos Parking Meter Market - Porter's Five Forces |
3.5 Laos Parking Meter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Laos Parking Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Laos Parking Meter Market Revenues & Volume Share, By Parking Mode, 2021 & 2031F |
4 Laos Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for parking spaces |
4.2.2 Government initiatives to improve traffic management in urban areas |
4.2.3 Growing adoption of smart city technologies in Laos |
4.3 Market Restraints |
4.3.1 Lack of awareness and understanding about the benefits of parking meters |
4.3.2 Limited infrastructure and connectivity issues in certain regions of Laos |
4.3.3 Resistance from traditional parking operators to adopt new technologies |
5 Laos Parking Meter Market Trends |
6 Laos Parking Meter Market Segmentations |
6.1 Laos Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Laos Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2021-2031F |
6.1.3 Laos Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2021-2031F |
6.1.4 Laos Parking Meter Market Revenues & Volume, By Government Institutions, 2021-2031F |
6.2 Laos Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Laos Parking Meter Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Laos Parking Meter Market Revenues & Volume, By Parks, 2021-2031F |
6.2.4 Laos Parking Meter Market Revenues & Volume, By Transit Systems, 2021-2031F |
6.2.5 Laos Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2021-2031F |
6.2.6 Laos Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Laos Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Laos Parking Meter Market Revenues & Volume, By Pay & Display, 2021-2031F |
6.3.3 Laos Parking Meter Market Revenues & Volume, By Plate, 2021-2031F |
6.3.4 Laos Parking Meter Market Revenues & Volume, By Space, 2021-2031F |
6.3.5 Laos Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
7 Laos Parking Meter Market Import-Export Trade Statistics |
7.1 Laos Parking Meter Market Export to Major Countries |
7.2 Laos Parking Meter Market Imports from Major Countries |
8 Laos Parking Meter Market Key Performance Indicators |
8.1 Average daily revenue per parking meter |
8.2 Percentage increase in the number of parking meters installed annually |
8.3 Average utilization rate of parking meters |
8.4 Customer satisfaction rating for parking meter services |
8.5 Percentage reduction in traffic congestion in areas with parking meters |
9 Laos Parking Meter Market - Opportunity Assessment |
9.1 Laos Parking Meter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Laos Parking Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Laos Parking Meter Market Opportunity Assessment, By Parking Mode, 2021 & 2031F |
10 Laos Parking Meter Market - Competitive Landscape |
10.1 Laos Parking Meter Market Revenue Share, By Companies, 2024 |
10.2 Laos 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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