Car Sharing Market Strategies and Share 2031
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 2031" 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 2021 to 2031 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.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 2021 to 2031 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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Car Sharing Market - By Model
1.3.2 Car Sharing Market - By Business Model
1.3.3 Car Sharing Market - By Car Type
1.3.4 Car Sharing Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CAR SHARING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CAR SHARING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CAR SHARING MARKET - GLOBAL MARKET ANALYSIS
6.1. CAR SHARING - GLOBAL MARKET OVERVIEW
6.2. CAR SHARING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CAR SHARING MARKET - REVENUE AND FORECASTS TO 2028 - MODEL
7.1. OVERVIEW
7.2. MODEL MARKET FORECASTS AND ANALYSIS
7.3. PEER TO PEER
7.3.1. Overview
7.3.2. Peer to Peer Market Forecast and Analysis
7.4. FREE-FLOATING
7.4.1. Overview
7.4.2. Free-Floating Market Forecast and Analysis
7.5. STATION-BASED
7.5.1. Overview
7.5.2. Station-Based Market Forecast and Analysis
8. CAR SHARING MARKET - REVENUE AND FORECASTS TO 2028 - BUSINESS MODEL
8.1. OVERVIEW
8.2. BUSINESS MODEL MARKET FORECASTS AND ANALYSIS
8.3. ONE WAY
8.3.1. Overview
8.3.2. One Way Market Forecast and Analysis
8.4. ROUND TRIP
8.4.1. Overview
8.4.2. Round Trip Market Forecast and Analysis
9. CAR SHARING MARKET - REVENUE AND FORECASTS TO 2028 - CAR TYPE
9.1. OVERVIEW
9.2. CAR TYPE MARKET FORECASTS AND ANALYSIS
9.3. SEDANS
9.3.1. Overview
9.3.2. Sedans Market Forecast and Analysis
9.4. SUVS/MPVS
9.4.1. Overview
9.4.2. SUVs/MPVs Market Forecast and Analysis
9.5. HATCHBACK
9.5.1. Overview
9.5.2. Hatchback Market Forecast and Analysis
10. CAR SHARING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Car Sharing Market Overview
10.1.2 North America Car Sharing Market Forecasts and Analysis
10.1.3 North America Car Sharing Market Forecasts and Analysis - By Model
10.1.4 North America Car Sharing Market Forecasts and Analysis - By Business Model
10.1.5 North America Car Sharing Market Forecasts and Analysis - By Car Type
10.1.6 North America Car Sharing Market Forecasts and Analysis - By Countries
10.1.6.1 United States Car Sharing Market
10.1.6.1.1 United States Car Sharing Market by Model
10.1.6.1.2 United States Car Sharing Market by Business Model
10.1.6.1.3 United States Car Sharing Market by Car Type
10.1.6.2 Canada Car Sharing Market
10.1.6.2.1 Canada Car Sharing Market by Model
10.1.6.2.2 Canada Car Sharing Market by Business Model
10.1.6.2.3 Canada Car Sharing Market by Car Type
10.1.6.3 Mexico Car Sharing Market
10.1.6.3.1 Mexico Car Sharing Market by Model
10.1.6.3.2 Mexico Car Sharing Market by Business Model
10.1.6.3.3 Mexico Car Sharing Market by Car Type
10.2. EUROPE
10.2.1 Europe Car Sharing Market Overview
10.2.2 Europe Car Sharing Market Forecasts and Analysis
10.2.3 Europe Car Sharing Market Forecasts and Analysis - By Model
10.2.4 Europe Car Sharing Market Forecasts and Analysis - By Business Model
10.2.5 Europe Car Sharing Market Forecasts and Analysis - By Car Type
10.2.6 Europe Car Sharing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Car Sharing Market
10.2.6.1.1 Germany Car Sharing Market by Model
10.2.6.1.2 Germany Car Sharing Market by Business Model
10.2.6.1.3 Germany Car Sharing Market by Car Type
10.2.6.2 France Car Sharing Market
10.2.6.2.1 France Car Sharing Market by Model
10.2.6.2.2 France Car Sharing Market by Business Model
10.2.6.2.3 France Car Sharing Market by Car Type
10.2.6.3 Italy Car Sharing Market
10.2.6.3.1 Italy Car Sharing Market by Model
10.2.6.3.2 Italy Car Sharing Market by Business Model
10.2.6.3.3 Italy Car Sharing Market by Car Type
10.2.6.4 United Kingdom Car Sharing Market
10.2.6.4.1 United Kingdom Car Sharing Market by Model
10.2.6.4.2 United Kingdom Car Sharing Market by Business Model
10.2.6.4.3 United Kingdom Car Sharing Market by Car Type
10.2.6.5 Russia Car Sharing Market
10.2.6.5.1 Russia Car Sharing Market by Model
10.2.6.5.2 Russia Car Sharing Market by Business Model
10.2.6.5.3 Russia Car Sharing Market by Car Type
10.2.6.6 Rest of Europe Car Sharing Market
10.2.6.6.1 Rest of Europe Car Sharing Market by Model
10.2.6.6.2 Rest of Europe Car Sharing Market by Business Model
10.2.6.6.3 Rest of Europe Car Sharing Market by Car Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Car Sharing Market Overview
10.3.2 Asia-Pacific Car Sharing Market Forecasts and Analysis
10.3.3 Asia-Pacific Car Sharing Market Forecasts and Analysis - By Model
10.3.4 Asia-Pacific Car Sharing Market Forecasts and Analysis - By Business Model
10.3.5 Asia-Pacific Car Sharing Market Forecasts and Analysis - By Car Type
10.3.6 Asia-Pacific Car Sharing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Car Sharing Market
10.3.6.1.1 Australia Car Sharing Market by Model
10.3.6.1.2 Australia Car Sharing Market by Business Model
10.3.6.1.3 Australia Car Sharing Market by Car Type
10.3.6.2 China Car Sharing Market
10.3.6.2.1 China Car Sharing Market by Model
10.3.6.2.2 China Car Sharing Market by Business Model
10.3.6.2.3 China Car Sharing Market by Car Type
10.3.6.3 India Car Sharing Market
10.3.6.3.1 India Car Sharing Market by Model
10.3.6.3.2 India Car Sharing Market by Business Model
10.3.6.3.3 India Car Sharing Market by Car Type
10.3.6.4 Japan Car Sharing Market
10.3.6.4.1 Japan Car Sharing Market by Model
10.3.6.4.2 Japan Car Sharing Market by Business Model
10.3.6.4.3 Japan Car Sharing Market by Car Type
10.3.6.5 South Korea Car Sharing Market
10.3.6.5.1 South Korea Car Sharing Market by Model
10.3.6.5.2 South Korea Car Sharing Market by Business Model
10.3.6.5.3 South Korea Car Sharing Market by Car Type
10.3.6.6 Rest of Asia-Pacific Car Sharing Market
10.3.6.6.1 Rest of Asia-Pacific Car Sharing Market by Model
10.3.6.6.2 Rest of Asia-Pacific Car Sharing Market by Business Model
10.3.6.6.3 Rest of Asia-Pacific Car Sharing Market by Car Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Car Sharing Market Overview
10.4.2 Middle East and Africa Car Sharing Market Forecasts and Analysis
10.4.3 Middle East and Africa Car Sharing Market Forecasts and Analysis - By Model
10.4.4 Middle East and Africa Car Sharing Market Forecasts and Analysis - By Business Model
10.4.5 Middle East and Africa Car Sharing Market Forecasts and Analysis - By Car Type
10.4.6 Middle East and Africa Car Sharing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Car Sharing Market
10.4.6.1.1 South Africa Car Sharing Market by Model
10.4.6.1.2 South Africa Car Sharing Market by Business Model
10.4.6.1.3 South Africa Car Sharing Market by Car Type
10.4.6.2 Saudi Arabia Car Sharing Market
10.4.6.2.1 Saudi Arabia Car Sharing Market by Model
10.4.6.2.2 Saudi Arabia Car Sharing Market by Business Model
10.4.6.2.3 Saudi Arabia Car Sharing Market by Car Type
10.4.6.3 U.A.E Car Sharing Market
10.4.6.3.1 U.A.E Car Sharing Market by Model
10.4.6.3.2 U.A.E Car Sharing Market by Business Model
10.4.6.3.3 U.A.E Car Sharing Market by Car Type
10.4.6.4 Rest of Middle East and Africa Car Sharing Market
10.4.6.4.1 Rest of Middle East and Africa Car Sharing Market by Model
10.4.6.4.2 Rest of Middle East and Africa Car Sharing Market by Business Model
10.4.6.4.3 Rest of Middle East and Africa Car Sharing Market by Car Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Car Sharing Market Overview
10.5.2 South and Central America Car Sharing Market Forecasts and Analysis
10.5.3 South and Central America Car Sharing Market Forecasts and Analysis - By Model
10.5.4 South and Central America Car Sharing Market Forecasts and Analysis - By Business Model
10.5.5 South and Central America Car Sharing Market Forecasts and Analysis - By Car Type
10.5.6 South and Central America Car Sharing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Car Sharing Market
10.5.6.1.1 Brazil Car Sharing Market by Model
10.5.6.1.2 Brazil Car Sharing Market by Business Model
10.5.6.1.3 Brazil Car Sharing Market by Car Type
10.5.6.2 Argentina Car Sharing Market
10.5.6.2.1 Argentina Car Sharing Market by Model
10.5.6.2.2 Argentina Car Sharing Market by Business Model
10.5.6.2.3 Argentina Car Sharing Market by Car Type
10.5.6.3 Rest of South and Central America Car Sharing Market
10.5.6.3.1 Rest of South and Central America Car Sharing Market by Model
10.5.6.3.2 Rest of South and Central America Car Sharing Market by Business Model
10.5.6.3.3 Rest of South and Central America Car Sharing Market by Car Type
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. CAR SHARING MARKET, KEY COMPANY PROFILES
12.1. ANI TECHNOLOGIES PVT. LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BLABLACAR
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CARMA TECHNOLOGY CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. CAR2GO
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. DRIVENOW GMBH CO. KG
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. GRABSHARE
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. GETAROUND
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ORIX CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TURO
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. UBER TECHNOLOGIES INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. ANI Technologies Pvt. Ltd.
2. BlaBlaCar
3. Carma Technology Corporation
4. Car2Go
5. DriveNow GmbH Co. KG
6. GrabShare
7. Getaround
8. Orix Corporation
9. Turo
10. Uber Technologies Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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