Thailand Parking Meter Market (2025-2031) Outlook | Forecast, Share, Size, Value, Industry, Growth, Analysis, Trends, Companies & Revenue

Name: Thailand Parking Meter Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Parking Meter Market, Thailand Parking Meter Market, Thailand Parking Meter Market Revenues, Thailand Parking Meter Market Share, Thailand Parking Meter Market Size, Thailand Parking Meter Market Outlook, Thailand Parking Meter Market Report, Thailand Parking Meter Market Competition, Thailand Parking Meter Market Overview, Thailand Parking Meter Market Trends, Thailand Parking Meter Market Forecast

Market Forecast By Technology (Parking Meter (Single Space), Parking Kiosks (Multi Space), Government Institutions), By Application (Hospitals, Parks, Transit Systems, Malls & Stadiums, Others), By Parking Mode (Pay & Display, Plate, Space, Others) And Competitive Landscape

Product Code: ETC433041	Publication Date: Oct 2022	Updated Date: Feb 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Thailand Parking Meter Market Synopsis

The Thailand parking meter market is a vital component of urban transportation and city planning. Parking meters are essential for managing parking spaces, generating revenue for local governments, and reducing traffic congestion. Thailand urban areas have witnessed increased vehicular traffic, making efficient parking solutions crucial. The market offers a variety of parking meter technologies, including traditional coin-operated meters and modern electronic systems. Innovations such as mobile payment integration and real-time monitoring are reshaping the parking meter landscape in Thailand, aligning with smart city initiatives and enhancing urban mobility.

Drivers of the Market

The parking meter market in Thailand is growing due to increasing urbanization and the need for efficient parking management. As cities become more congested, the demand for organized and controlled parking systems rises. Parking meters help regulate parking spaces, generate revenue for municipalities, and reduce traffic congestion. The adoption of digital payment systems and smart parking solutions further drives the growth of this market.

Challenges of the Market

The parking meter market in Thailand faces challenges associated with urban congestion and payment methods. Efficient parking management is crucial in crowded cities, but implementing and maintaining parking meter infrastructure requires careful planning and investment. Additionally, adapting to digital payment options is essential to enhance user convenience.

COVID-19 Impact on the Market

The COVID-19 pandemic had a noticeable impact on the Thailand parking meter market. Lockdowns and restrictions led to a decrease in vehicular traffic, which, in turn, reduced the utilization of parking meters. Parking revenue for municipal governments and private operators declined, forcing some to explore alternative revenue sources. Some parking facilities also adopted touchless payment methods and mobile apps to reduce physical contact and enhance user safety.

Key Players in the Market

Parking meters are crucial for efficient urban parking management. Key players in this market are POM Parking Meters (Thailand) Ltd. and Parkeon Thailand Co., Ltd.

Key Highlights of the Report:

Thailand Parking Meter Market Outlook
Market Size of Thailand Parking Meter Market, 2024
Forecast of Thailand Parking Meter Market, 2031
Historical Data and Forecast of Thailand Parking Meter Revenues & Volume for the Period 2021-2031
Thailand Parking Meter Market Trend Evolution
Thailand Parking Meter Market Drivers and Challenges
Thailand Parking Meter Price Trends
Thailand Parking Meter Porter's Five Forces
Thailand Parking Meter Industry Life Cycle
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Technology for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Parking Meter (Single Space) for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Parking Kiosks (Multi Space) for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Government Institutions for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Hospitals for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Parks for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Transit Systems for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Malls & Stadiums for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Parking Mode for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Pay & Display for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Plate for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Space for the Period 2021-2031
Historical Data and Forecast of Thailand Parking Meter Market Revenues & Volume By Others for the Period 2021-2031
Thailand Parking Meter Import Export Trade Statistics
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Application
Market Opportunity Assessment By Parking Mode
Thailand Parking Meter Top Companies Market Share
Thailand Parking Meter Competitive Benchmarking By Technical and Operational Parameters
Thailand Parking Meter Company Profiles
Thailand Parking Meter Key Strategic Recommendations

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