GITNUX MARKETDATA REPORT 2024

Must-Know Parking Industry Statistics [Latest Report]

Highlights: The Most Important Parking Industry Statistics

  • The number of stopped cars at New York’s airports decreased significantly from 2004 to 2020, and increased to 3.36 million in 2021.
  • The number of mechanical parks in Russia increased by 35 in 2021, reaching 369.
  • The Parking Lots & Garages industry in the US experienced a faster decline than the Other Services sector overall in 2018.
  • The number of companies in the Spanish car stopping market increased from 2016 to 2017, from 720 to 820.
  • The worldwide smart parking market is expected to grow to 3.8 billion US dollars by 2023, with a CAGR of 14%.
  • The worldwide savvy transport market is projected to increase by 400% between 2012 and 2020, reaching a total of 5.5 billion U.S. dollars.
  • In 2020, Incheon International Airport in South Korea had an area of 1.34 square kilometers devoted to stopping.
  • The number of stopped cars at New York’s airports decreased significantly from 2004 to 2020, and increased to 3.36 million in 2021.
  • Poznań had the highest mobile app payment rate for parking zones in 2021 at 38%, followed by Warsaw and Krakow at 33.4% and 28.3% respectively.
  • There was a 37% decrease in the number of committed parking meter violations in Kuwait from 2013 to 2020.
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Are you interested in learning more about the parking industry? If so, you’ve come to the right place. In this blog post, we’ll be taking a look at some of the most interesting parking industry statistics.

We’ll be exploring topics such as the size of the parking industry, the number of parking spaces in the US, and the average cost of parking. By the end of this post, you’ll have a better understanding of the parking industry and how it affects our lives. So let’s get started.

Parking Industry: The Most Important Statistics

The Japanese amusement and recreation industry suffered a decline of 326 billion Japanese yen in 2020 due to the COVID-19 pandemic, showing the negative impact of the virus on the industry.
The number of companies in the Spanish car stopping market increased from 2016 to 2017, from 720 to 820.
The number of stopped cars at New York’s airports decreased significantly from 2004 to 2020, and increased to 3.36 million in 2021.

Parking Industry: Statistics Overview

The number of mechanical parks in Russia increased by 35 in 2021, reaching 369.

The demand for mechanical parks is increasing, which indicates that there is a growing need for parking services in the country. This could potentially lead to more investment in the parking industry and increased job opportunities in the sector.

The Japanese amusement and recreation industry suffered a decline of 326 billion Japanese yen in 2020 due to the COVID-19 pandemic, showing the negative impact of the virus on the industry.

This shows the effect of the pandemic on the entertainment and recreation industry, which is closely related to the parking industry.

The decline in revenue for the amusement and recreation industry could lead to a decrease in demand for parking services, which could have a negative impact on the parking industry.

The Parking Lots & Garages industry in the US experienced a faster decline than the Other Services sector overall in 2018.

The Parking Lots & Garages industry is not immune to the economic downturns that affect other industries. This statistic can be used to inform decisions about investments in the Parking Lots & Garages industry, as well as to help identify potential areas of growth.

The number of companies in the Spanish car stopping market increased from 2016 to 2017, from 720 to 820.

The parking industry in Spain is growing, which could be an indication of increased demand for parking services in the region. This could be beneficial for businesses in the parking industry, as it could lead to increased profits and growth.

The worldwide smart parking market is expected to grow to 3.8 billion US dollars by 2023, with a CAGR of 14%.

Smart parking technology is becoming increasingly popular and is expected to continue to grow in the coming years.

This growth is likely to have a significant impact on the parking industry, as more businesses and cities invest in smart parking solutions to improve efficiency and reduce costs.

The worldwide savvy transport market is projected to increase by 400% between 2012 and 2020, reaching a total of 5.5 billion U.S. dollars.

The demand for smart transportation is increasing rapidly. This means that parking companies need to invest in technology and services that will help them to keep up with the changing trends in the industry.

Additionally, this statistic shows that there is a large potential for growth in the parking industry, which could lead to increased profits and market share.

In 2020, Incheon International Airport in South Korea had an area of 1.34 square kilometers devoted to stopping.

This shows the amount of space devoted to parking at the largest and busiest airport in South Korea. This information can be used to compare the parking capacity of different airports, and to inform decisions about how much space should be devoted to parking in airports.

The number of stopped cars at New York’s airports decreased significantly from 2004 to 2020, and increased to 3.36 million in 2021.

This shows the trend of the number of cars stopped at New York’s airports over the years, which can be used to inform future decisions about parking industry policies.

It also provides insight into the demand for parking services in the area, which can be used to determine the best strategies for meeting customer needs.

Poznań had the highest mobile app payment rate for parking zones in 2021 at 38%, followed by Warsaw and Krakow at 33.4% and 28.3% respectively.

This shows the growing trend of mobile app payments for parking zones, which is becoming increasingly popular among consumers.

This trend is important for businesses to be aware of as it can help them to optimize their payment systems and better serve their customers.

There was a 37% decrease in the number of committed parking meter violations in Kuwait from 2013 to 2020.

This could lead to increased revenue for the parking industry, as well as improved safety and convenience for drivers.

Conclusion

In conclusion, the parking industry is a growing and dynamic sector that is constantly changing. With the rise of technology, the industry is becoming more efficient and cost-effective.

As the industry continues to grow, it is important to stay up to date on the latest parking industry statistics to ensure that you are making the most informed decisions. By understanding the current trends and data, you can make better decisions and stay ahead of the competition.

References

1 – https://www.statista.com/statistics/1154657/number-of-industrial-parks-in-russia/

2 – https://www.statista.com/statistics/1266138/japan-market-size-amusement-leisure-park-industry/

3 – https://www.ibisworld.com/industry-statistics/market-size/parking-lots-garages-united-states/

4 – Car parking industry: number of companies in Spain & Portugal 2016-2017 | Statista

5 – Worldwide – global smart parking market spending 2023 | Statista

6 – Global smart transport market size 2020 | Statista

7 – South Korea: parking lot area of airports 2020 | Statista

8 – New York airports: parked cars | Statista

9 – Poland: mobile app payments for parking zones by city 2021 | Statista

10 – Kuwait: parking meter violations 2020 | Statista

Srive – Parking Industry Statistics

FAQs

What is the parking industry?

The parking industry is the business of providing parking services, such as parking lots and garages, to customers.

What are the main components of the parking industry?

The main components of the parking industry include parking lots and garages, parking management systems, parking payment systems, and parking enforcement systems.

What are the benefits of the parking industry?

The benefits of the parking industry include providing convenient and safe parking solutions, increasing revenue for businesses, and reducing traffic congestion.

What are the challenges of the parking industry?

The challenges of the parking industry include rising costs, limited space, and competition from other transportation modes.

What are the trends in the parking industry?

The trends in the parking industry include the adoption of new technologies, such as automated parking systems, and the use of mobile apps for payment and reservations.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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