Global Parking Lots And Garages Market Size, Research Development, Share, Trends, Growth And Forecast To 2025 | COVID-19 Impact And Recovery
The parking lots and garages market report describes and explains the global parking lots and garages market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The parking lots and garages market consists of sales of parking lots and garages services by entities (organizations, sole traders and partnerships) that are engaged in operating parking lots and parking garages. These establishments provide temporary parking services for motor vehicles, usually on an hourly, daily, or monthly basis. Only goods and services traded between entities or sold to end consumers are included.
The global parking lots and garages market is expected to grow from $85.97 billion in 2020 to $94.82 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $118.98 billion in 2025 at a CAGR of 5.8%.
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Some of the major players of the parking lots and garages market are SP Plus Corporation, LAZ Parking Ltd. LLC, ABM Industries Inc, Ace Parking Management Inc, Diamond Parking, Lanier Parking.
The countries covered in the global parking lots and garages market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global parking lots and garages market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global parking lots and garages market is segmented -
1) By Type: Airport Parking And Garages, Events And Venues (Stadiums For Sporting Events), Healthcare Parking, Hospitality Parking, Municipal Parking, Office Parking, University Parking, Retails Parking, Residential Parking
2) By Site: Off Street, On Street
3) By Technology: Smart Parking using IoT, Automation
Read More On The Global Parking Lots And Garages Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Parking Lots And Garages Market Characteristics
3. Parking Lots And Garages Market Trends And Strategies
4. Impact Of COVID-19 On Parking Lots And Garages
5. Parking Lots And Garages Market Size And Growth
27. Parking Lots And Garages Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Parking Lots And Garages Market
29. Parking Lots And Garages Market Future Outlook And Potential Analysis
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