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Market Report, "Parking Lots & Garages in the US", published

Filling spots: Revived demand for parking at airports and venues will aid growth

Parking Lots & Garages in the US

Filling spots: The recession had a negative effect on the Parking Lots and Garages industry, particularly as unemployment increased and disposable income and domestic flight miles decreased, keeping airport parking lots under capacity. Demand will pick up in the next five years, as employment improves and demand from airports and other venues revives. However, operators will be threatened by the government's renewed focus on public transportation and will likely cater to electric vehicles to compete.

This industry provides parking and valet service for about 250.0 million motor vehicles on an hourly, daily or monthly basis. The industry primarily operates via management contracts, lease agreements or property ownership.

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 Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

About IBISWorld

IBISWorld's Industry Intelligence can assist in making better business decisions about strategies and revenue generation by gaining an instant understanding of an unfamiliar or familiar industry faster & more conveniently than previously possible. IBISWorld's reports cover over 700 United States industries - everything from Shoes Stores to Gold Ore Mining and all industries in between. In addition to their core Industry Report product, they also publish over 700 US Industry Risk Rating Reports, over 700 Industry Profiles, over 8000 Publicly Traded US Companies as well as hundreds of Economic & Demographic Profiles.

Fast Market Research
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