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Parking Lots and Garages

SIC 7521 | NAICS 812930


The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.



For guides to other industries, see our index of over 400 industries.





Industry Analysis, Trends, Statistics, and Forecasts


Parking Lots & Garages  (view report)
Towing Services  (view report)

Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Market size and characteristics
  • Key statistics and ratios
  • Current performance
  • Competitive landscape
  • Major firms and market share
  • Key risk and success factors
  • Five-year growth forecast


Bricepac, Inc.
Parking Today Magazine
https://www.parkingtoday.com/

Monthly trade journal features news and information for industry professionals, with topics covered in the magazine including facilities management, market analysis, revenue and access control systems, safety and security, construction and maintenance, and emerging technologies. Digital editions of the magazine are available free online, with free subscription available upon request for qualified parties.



Parking Lots & Garages
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


IPMI
Publications available from this trade association include:

Parking & Mobility Magazine
https://www.parkingmobility.org
Monthly trade publication features news and information for parking and transportation professionals, with topics covered in various issues of the publication including management best practices, design and construction, facility maintenance, safety and security, environmental matters, new technologies, and trade meetings and events. Archived digital editions of this magazine can be viewed free online.

Guide to Parking
https://www.parkingmobility.org/
Comprehensive text addresses various aspects of the industry in over 30 chapters written by subject matter experts, with topics covered including laws and regulations, management approaches, design and engineering, construction and maintenance, managing staff, safety and security, economics and finances, communications, technology, and sustainability. Table of contents is accessible free online.


NPA
Publications available from this trade association include:

Parking Magazine
https://weareparking.org/
Monthly trade publication features news and information for facility owners and operators, with topics covered in various issues of the magazine including industry best practices, trends and case studies, safety and security, products and services, and technology updates. Most recent digital edition of the publication can be viewed free online, with archived digital editions available to paid subscribers only.

Parking In Perspective: Market Size and Scope
https://weareparking.org/
Market research report provides a general overview of the U.S. market by aggregating and analyzing publicly available data and also includes specific information on market segments for which detailed data is available (e.g., commercial facilities, colleges/universities, and hospitals), with topics covered including market size, geographic distribution, total employment and wages, and number of facilities.

Parking Demand Report
https://weareparking.org/
Comprehensive study analyzes the economic and demographic factors which impact demand for the overall market and by specific sector (e.g., college/university, hospital/medical center, municipal, and private sectors), with examples of factors affecting demand including population growth, employment level, higher education student enrollment, generational trends, and public sector financial pressures.


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Financial Statements and Financial Ratios



Industry Financial Ratios
Parking Lots & Garages
https://www.bizminer.com  Search for "812930"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


IBISWorld
Parking Lots & Garages
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of annual revenues for establishments that provide off-street parking for cars, trucks, SUVs, vans, and other vehicles on an hourly, daily, weekly, or monthly basis on surface lots and/or in single- or multi-level garage structures that are owned, managed, or leased by these establishments.


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Compensation and Salary Surveys


PayScale, Inc.
Compensation data available from this organization includes:

Parking Services
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, facility manager, enforcement officer, facility attendant, cashier, bookkeeper, administrative assistant, and maintenance technician, with firms for which salary or hourly wage rate data is provided including SP Plus Corporation, ABM Industries Incorporated, and Towne Park, LLC.

Valet Services
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations director, customer service supervisor, valet, lot attendant, cashier, and office manager, with employers for which salary or hourly wage data is provided including Valet Park of America Inc., AmeriPark LLC, LAZ Parking Ltd, LLC, Lone Star Valet Parking Services Inc., and Towne Park, LLC.


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