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Global Car Sharing Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Research and Markets
·7-min read

Dublin, April 06, 2021 (GLOBE NEWSWIRE) -- The "Car Sharing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global car sharing market grew at a CAGR of around 8% during 2014-2019. Carsharing refers to a car rental service wherein individuals rent cars for a short time. It supports community transit, helps achieve environmental goals, decreases personal car ownership, reduces total distance traveled by the vehicle, improves urban land use and development, and provides affordable access to vehicles. At present, the rising need for cost-effective and convenient mobility services, in confluence with advancements in technology that facilitate simplified access to shared mobility platforms, is positively influencing the demand for carsharing.

There is a significant rise in the demand for carsharing services on account of the rising greenhouse emissions, growing environmental concerns and the increasing adoption of novel mobility solutions. As a result, governments of numerous countries are undertaking initiatives and conducting awareness campaigns to curb emissions and reduce the ownership of private vehicles. Consequently, carsharing services have emerged as an effective solution. Apart from this, the market growth can also be accredited to the expanding share of peer-to-peer (P2P) lending services, which allow private car owners to rent personal cars.

Furthermore, various organizations are relying on corporate carsharing as it enables employees to stay punctual, reduces fleet management costs of the company and eliminates the requirement for large parking spaces. However, due to the sudden outbreak of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governments of several countries, the market has been adversely impacted. It is anticipated to witness growth once normalcy is regained. Looking forward, the publisher expects the global car sharing market to exhibit moderate growth during the next five years.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global car sharing market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, car type, business model and application.

Breakup by Car Type:

  • Economy

  • Executive

  • Luxury

  • Others

Breakup by Business Model:

  • P2P

  • Station Based

  • Free-Floating

Breakup by Application:

  • Business

  • Private

Breakup by Region:

  • North America

  • United States

  • Canada

  • Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

  • Europe

  • Germany

  • France

  • United Kingdom

  • Italy

  • Spain

  • Russia

  • Others

  • Latin America

  • Brazil

  • Mexico

  • Others

  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Autolib (Bollore), Cambio Mobilitatsservice GmbH & Co. KG, Car2Go Ltd., CarShare Australia Pty. Ltd., Cityhop Ltd., Communauto Inc., DriveNow GmbH & Co. KG (BMW AG), Ekar FZ LLC, Getaround Inc., HOURCAR, Locomute (Pty.) Ltd., Lyft Inc., Mobility Cooperative, Modo Co-operative, Turo Inc. (ICA) and Zipcar Inc. (Avis Budget Group).

Key Questions Answered in This Report:

  • How has the global car sharing market performed so far and how will it perform in the coming years?

  • What has been the impact of COVID-19 on the global car sharing market?

  • What are the key regional markets?

  • What is the breakup of the market based on the car type?

  • What is the breakup of the market based on the business model?

  • What is the breakup of the market based on the application?

  • What are the various stages in the value chain of the industry?

  • What are the key driving factors and challenges in the industry?

  • What is the structure of the global car sharing market and who are the key players?

  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.1 Key Industry Trends

5 Global Car Sharing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Car Type
6.1 Economy
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Executive
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Luxury
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast

7 Market Breakup by Business Model
7.1 P2P
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Station Based
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Free-Floating
7.3.1 Market Trends
7.3.2 Market Forecast

8 Market Breakup by Application
8.1 Business
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Private
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Region
9.1 North America
9.2 Asia-Pacific
9.3 Europe
9.4 Latin America
9.5 Middle East and Africa

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Autolib (Bollore)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cambio Mobilitatsservice GmbH & Co. KG
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Car2Go Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 CarShare Australia Pty. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Cityhop Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Communauto Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 DriveNow GmbH & Co. KG (BMW AG)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Ekar FZ LLC
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Getaround Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 HOURCAR
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Locomute (Pty.) Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Lyft Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Mobility Cooperative
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 Modo Co-operative
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.15 Turo Inc. (ICA)
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.16 Zipcar Inc. (Avis Budget Group)
14.3.16.1 Company Overview
14.3.16.2 Product Portfolio

For more information about this report visit https://www.researchandmarkets.com/r/vcta47

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900