Parking Lots & Garages in the US in the US - Industry Market Research Report

Parking Lots & Garages in the US

The performance of the Parking Lots and Garages industry has been largely positive. Aside from a small blip in 2017, overall increases in parking rates and improvements in travel figures contributed to the industry's turnaround. Over the past five years, the largest providers of parking services have engaged in mergers and acquisitions. In the midst of large-scale consolidation, small nonemploying operators have entered the industry at a faster rate than those that have withdrawn from it. Consequently, the average industry operator is becoming leaner, with establishments per enterprise declining. Over the five years to 2022, industry revenue is expected to slow. This sluggish growth partly reflects the stabilization of demand for parking from the growth rates experienced during the recovery and also reflects an expected decline in the near future arising from rising fuel costs once oil prices recover

This industry comprises operators that provide parking and valet service on an hourly, daily or monthly basis. The industry primarily operates via management contracts, lease agreements or property ownership. This industry excludes the storage of vehicles for an extended period of time.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Number of motor vehicle registrations
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table SP Plus Corporation (US industry-specific revenue) –financial performance*
    • Table Indigo (US industry-specific revenue) - financial performance*
    • Table ABM Industries Inc. (US industry-specific revenue) –financial performance
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs Growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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