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Global Taximeters Market Growth 2025-2031

Published Jan 09, 2025
Length 137 Pages
SKU # LPI19478089

Description

Global Taximeters Market Growth 2025-2031


The global Taximeters market size is predicted to grow from US$ 93.8 million in 2025 to US$ 127 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

A taximeter is a mechanical or electronic device installed in taxicabs and auto rickshaws that calculates passenger fares based on a combination of distance travelled and waiting time.

The main manufacturers of Taximeters are HALE Electronic, Nanjing Toyo and Shanghai Dazhong, and the top three manufacturers have a total market share of about 26%. China is the largest market for Taximeters, accounting for about 32% of the market, followed by Europe with about 27% of the market share. In terms of product type, LED Display accounts for the highest proportion, accounting for about 61% of the market share. From an application perspective, Taxi is the largest downstream market, accounting for about 94% of the market share.

LP Information, Inc. (LPI) ' newest research report, the “Taximeters Industry Forecast” looks at past sales and reviews total world Taximeters sales in 2024, providing a comprehensive analysis by region and market sector of projected Taximeters sales for 2025 through 2031. With Taximeters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Taximeters industry.

This Insight Report provides a comprehensive analysis of the global Taximeters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Taximeters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Taximeters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Taximeters and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Taximeters.

This report presents a comprehensive overview, market shares, and growth opportunities of Taximeters market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
LED Display
LCD Display

Segmentation by Application:
Taxi
Auto Rickshaws

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Pulsar
Centrodyne
ATA Electronics
HALE Electronic
Flexitron
Cygnus
Digitax
Joong Ang San Jun
Yazaki
Standard Meter Mfg. Co.
National Meter Mfg. Co.
Sansui
Schmidt
Beijing Juli
Nanjing Toyo
Shanghai Dazhong
Qingdao Hengxing
Shanghai Liangbiao

Key Questions Addressed in this Report

What is the 10-year outlook for the global Taximeters market?

What factors are driving Taximeters market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Taximeters market opportunities vary by end market size?

How does Taximeters break out by Type, by Application?

Table of Contents

137 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Taximeters by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Taximeters by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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