The Business
Research Company’s latest report Parking Lots And Garages Global Market Report
2020 covers parking lots and garages market drivers, parking lots and garages
market trends, parking lots and garages market segments, parking lots and
garages market growth rate, parking lots and garages market major players, and
parking lots and garages market size. The report provides in-depth analysis of
the impact of COVID-19 on the parking lots and garages industry, along with
revised market numbers due to the effects of the coronavirus.
View Complete Report:
Parking Lots And Garages Global Market
Report 2020 is the most comprehensive report available on this market and will
help gain a truly global perspective as it covers 60 geographies. The chapter
on the impact of COVID-19 gives valuable insights on supply chain disruptions,
logistical challenges, and other economic implications of the virus on the
market. The chapter also covers markets which have been positively affected by
the pandemic.
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The global parking lots and garages market
is expected to decline from $97 billion in 2019 to $95.57 billion in 2020 at a
compound annual growth rate (CAGR) of -1.47%. The decline is mainly due to the
COVID-19 outbreak that has led to restrictive containment measures involving
social distancing, remote working, and the closure of industries and other
commercial activities resulting in operational challenges. The market is then
expected to recover and reach $109.87 billion in 2023 at a CAGR of 4.76%.
The report covers the parking lots and
garages market’s segments-
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
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