Car sharing services are gaining popularity in urban areas due to the reduction of transportation costs for a large part of the population of urban areas. The number of passenger cars on the road is also reduced because consumers in the car-sharing market do not buy cars. In addition, peer-to-peer (P2P) car sharing software allows car owners to share their personal vehicles with other drivers around residential areas. P2P car sharing offers vehicle owners the opportunity to earn money by hiring their vehicle for a car sharing activity. The car sharing industry is gaining popularity among consumers due to the flexibility of cars, ease of access nearby and comfortable trips. The main private vehicles remain idling almost 80% of the time, which in turn degrades the performance of the engine; thus, car sharing contributes to a better use of the vehicle.
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Company Profile
- Turo Inc
- Regina Car Share Co-operative
- Zipcar Inc
- Lyft Inc.
- Orix Corporation
- CarShare Australia
- Car2Go
- Communauto Inc.
- DriveNow GmbH & Co. KG
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Market Segmentation
By Model
- P2P
- Station-based
- Free-floating
By Business Model
- Round Trip
- One Way
By Application
- Business
- Private
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Scope of the Report
The research study analyzes the Car Sharing Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Car Sharing Market Report
- What was the Car Sharing Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Car Sharing Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Car Sharing Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Key Benefits of Buying the Car Sharing Market Report:
- Comprehensive analysis of the changing competitive landscape.
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
- The report offers an 8-year forecast and assessment of the Car Sharing
- Helps in understanding the key product segments and their estimated growth rate.
- In-depth analysis of market drivers, restraints, trends, and opportunities.
- Comprehensive regional analysis of the Car Sharing
- Extensive profiling of the key stakeholders of the business sphere.
- Detailed analysis of the factors influencing the growth of the Car Sharing Market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Car Sharing market.
- The market share of the Car Sharing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Car Sharing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Car Sharing market.
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