| Product Code: ETC5407904 | 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 |
Zambia`s parking meter import market continues to thrive, with key shipments coming from Hong Kong, China, South Africa, India, and the United Arab Emirates in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 18.86% from 2020-24 reflects sustained expansion. The exceptional growth rate of 150.04% from 2023-24 showcases the rapid acceleration of this sector. These trends suggest a promising outlook for the parking meter industry in Zambia, driven by robust import activity and increasing demand for parking solutions.

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 Zambia Parking Meter Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Parking Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Parking Meter Market - Industry Life Cycle |
3.4 Zambia Parking Meter Market - Porter's Five Forces |
3.5 Zambia Parking Meter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Zambia Parking Meter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Zambia Parking Meter Market Revenues & Volume Share, By Parking Mode, 2021 & 2031F |
4 Zambia Parking Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization and increasing vehicle ownership in Zambia leading to higher demand for parking solutions. |
4.2.2 Government initiatives to modernize infrastructure and improve urban mobility. |
4.2.3 Rise in disposable income and changing consumer preferences towards convenience and technology-based services. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing parking meter systems. |
4.3.2 Lack of awareness and adoption of cashless payment methods in Zambia. |
4.3.3 Limited availability of skilled manpower for maintenance and operation of parking meters. |
5 Zambia Parking Meter Market Trends |
6 Zambia Parking Meter Market Segmentations |
6.1 Zambia Parking Meter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Zambia Parking Meter Market Revenues & Volume, By Parking Meter (Single Space), 2021-2031F |
6.1.3 Zambia Parking Meter Market Revenues & Volume, By Parking Kiosks (Multi Space), 2021-2031F |
6.1.4 Zambia Parking Meter Market Revenues & Volume, By Government Institutions, 2021-2031F |
6.2 Zambia Parking Meter Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Zambia Parking Meter Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Zambia Parking Meter Market Revenues & Volume, By Parks, 2021-2031F |
6.2.4 Zambia Parking Meter Market Revenues & Volume, By Transit Systems, 2021-2031F |
6.2.5 Zambia Parking Meter Market Revenues & Volume, By Malls & Stadiums, 2021-2031F |
6.2.6 Zambia Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
6.3 Zambia Parking Meter Market, By Parking Mode |
6.3.1 Overview and Analysis |
6.3.2 Zambia Parking Meter Market Revenues & Volume, By Pay & Display, 2021-2031F |
6.3.3 Zambia Parking Meter Market Revenues & Volume, By Plate, 2021-2031F |
6.3.4 Zambia Parking Meter Market Revenues & Volume, By Space, 2021-2031F |
6.3.5 Zambia Parking Meter Market Revenues & Volume, By Others, 2021-2031F |
7 Zambia Parking Meter Market Import-Export Trade Statistics |
7.1 Zambia Parking Meter Market Export to Major Countries |
7.2 Zambia Parking Meter Market Imports from Major Countries |
8 Zambia Parking Meter Market Key Performance Indicators |
8.1 Average daily transactions per parking meter. |
8.2 Percentage increase in revenue generated from parking meter operations. |
8.3 Number of new parking meter installations in key urban areas. |
8.4 Customer satisfaction ratings for parking meter services. |
8.5 Percentage of revenue from mobile payment transactions. |
9 Zambia Parking Meter Market - Opportunity Assessment |
9.1 Zambia Parking Meter Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Zambia Parking Meter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Zambia Parking Meter Market Opportunity Assessment, By Parking Mode, 2021 & 2031F |
10 Zambia Parking Meter Market - Competitive Landscape |
10.1 Zambia Parking Meter Market Revenue Share, By Companies, 2024 |
10.2 Zambia 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.
To discover high-growth global markets and optimize your business strategy:
Click Here