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Global Parking Lots And Garages Market Size study, by Type, Application and Regional Forecasts 2021-2030
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Global Parking Lots and Garages Market Report 2020-2030: COVID-19 Impacts, Growth and Changes - ResearchAndMarkets.com
January 7, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 7, 2021
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Major players in 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, TPS Parking, Impark, Indigo and Park24.
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