When two or more than two people travel by car together a trip. Due to growing demand for urban mobility solutions and need to lower traffic congestion is resulting into more use of car sharing mode for traveling purpose. Also, with stringent vehicle emissions established in globe to protect the environment, use of car sharing is increasing instead of using individuals cars or vehicles for traveling.
MARKET DYNAMICS
Rising environment concerns coupled with stringent norms established in respect to lower vehicle emission in the environment is one of the major factor driving the growth of the car sharing market. Moreover, introduction of advanced urban mobility solutions to have better transportation is anticipated to boost the growth of the market
MARKET SCOPE
The "Global Car sharing Market Analysis to 2028" is a specialized and in-depth study of the car sharing market with a special focus on the global market trend analysis. The report aims to provide an overview of car sharing market with detailed market segmentation by model, business model, and car type. The global car sharing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading car sharing market players and offers key trends and opportunities in the car sharing market.
MARKET SEGMENTATION
The global car sharing market is segmented on the basis of model, business model, and car type. On the basis of model, the market is segmented as peer to peer, free-floating, station-based. On the basis of business model, the market is segmented as one way, round trip. On the basis of car type, the market is segmented as sedans, SUVs/MPVs, hatchback.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global car sharing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The car sharing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting car sharing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the car sharing market in these regions.
MARKET PLAYERS
The reports cover key developments in the car sharing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from car sharing market are anticipated to lucrative growth opportunities in the future with the rising demand for car sharing market. Below mentioned is the list of few companies engaged in the car sharing market.
The report also includes the profiles of key car sharing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ANI Technologies Pvt. Ltd.
- BlaBlaCar
- Carma Technology Corporation
- Car2Go
- DriveNow GmbH Co. KG
- GrabShare
- Getaround
- Orix Corporation
- Turo
- Uber Technologies Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.