Market Overview:
The global car-sharing market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shared mobility services, rising concerns over environmental pollution, and growing urbanization. The global car-sharing market can be segmented on the basis of type into P2P, station-based, and free-floating car sharing. Of these, P2P car sharing is expected to account for the largest share of the market in 2018 owing to its low cost and convenience features. On the basis of application, business users are expected to account for the largest share of the global car-sharing market in 2018 followed by private users.
Product Definition:
Car-sharing is a membership-based, not-for-profit organization that provides short-term access to cars for its members. Car sharing allows people to use cars for errands and other occasional needs without the expense and hassle of owning a car.
P2P:
Peer-to-Peer (P2P) is a term used to define a system in which there is no central server, and all the transactions are between peers. The main characteristic of P2P systems is that they allow users to exchange files without using a third party such as service providers or file transfer agents.
Station-Based:
Station-based is a term used for the model of car-sharing where vehicles are located at fixed locations. The most common form of station-based car sharing is when cars are placed at parking spaces, either in multi or single deck formats.
The advantage of this type of service is that it reduces traffic congestion and also minimizes environmental pollution as fewer cars means lesser emissions on roads.
Application Insights:
The business application segment accounted for the largest share of more than 60.0% in 2017. The growth of this segment is attributed to the increasing number of companies offering car-sharing services to their employees as part of corporate social responsibility initiatives. For instance, Enterprise Car-Sharing Inc., a U.S.-based company provides flexible car sharing services to its customers and employees at airports and hotels across the country including Boston, New York City, Chicago O'Hare Airport, Los Angeles International Airport (LAX), Las Vegas McCarran International Airport (LAS) and Washington Dulles International Airport (IAD).
Regional Analysis:
North America dominated the global car-sharing market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing awareness about such services and availability of a large number of players in this region. In North America, U.S accounted for more than 80% share in 2017 and is expected to witness significant growth over the forecast period due to increasing penetration of internet-based mobile apps for sharing vehicles among users.
Asia Pacific is anticipated to be one of the fastest growing regional markets from 2018 to 2030 on account both sides - demand and supply side.
Growth Factors:
- Increasing urbanization – with more people moving to cities, the need for convenient and affordable transportation options will increase, driving demand for car-sharing services.
- Rising fuel prices – as fuel prices continue to rise, car-sharing will become increasingly more cost effective and appealing as a transportation option.
- Environmental concerns – an increasing number of people are looking for ways to reduce their environmental impact, and car-sharing is a low-emission alternative to owning a personal vehicle.
- Economic uncertainty – during times of economic uncertainty, people are often looking for ways to save money and reduce expenses; car-sharing offers an affordable alternative to owning or leasing a vehicle outright.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car-Sharing Market Research Report
By Type
P2P, Station-Based, Free-Floating
By Application
Business, Private
By Companies
Car2Go, Communauto, Enterprise CarShare, Liftshare.com, Zipcar, City Hop, E-Car, eHi, GoGet Car Share, Mobility CarSharing, Modo - The Car Co-op, Zoom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Car-Sharing Market Report Segments:
The global Car-Sharing market is segmented on the basis of:
Types
P2P, Station-Based, Free-Floating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Business, Private
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Car2Go
- Communauto
- Enterprise CarShare
- Liftshare.com
- Zipcar
- City Hop
- E-Car
- eHi
- GoGet Car Share
- Mobility CarSharing
- Modo - The Car Co-op
- Zoom
Highlights of The Car-Sharing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- P2P
- Station-Based
- Free-Floating
- By Application:
- Business
- Private
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car-Sharing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Car-sharing is a form of transportation in which people share the use of one or more cars. Car-sharing can be done through a membership organization, such as Zipcar, or through an online platform, such as UberPool.
Some of the major players in the car-sharing market are Car2Go, Communauto, Enterprise CarShare, Liftshare.com, Zipcar, City Hop, E-Car, eHi, GoGet Car Share, Mobility CarSharing, Modo - The Car Co-op, Zoom.
The car-sharing market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car-Sharing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car-Sharing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car-Sharing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car-Sharing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car-Sharing Market Size & Forecast, 2018-2028
4.5.1 Car-Sharing Market Size and Y-o-Y Growth
4.5.2 Car-Sharing Market Absolute $ Opportunity
Chapter 5 Global Car-Sharing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car-Sharing Market Size Forecast by Type
5.2.1 P2P
5.2.2 Station-Based
5.2.3 Free-Floating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car-Sharing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car-Sharing Market Size Forecast by Applications
6.2.1 Business
6.2.2 Private
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car-Sharing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car-Sharing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car-Sharing Analysis and Forecast
9.1 Introduction
9.2 North America Car-Sharing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car-Sharing Market Size Forecast by Type
9.6.1 P2P
9.6.2 Station-Based
9.6.3 Free-Floating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car-Sharing Market Size Forecast by Applications
9.10.1 Business
9.10.2 Private
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car-Sharing Analysis and Forecast
10.1 Introduction
10.2 Europe Car-Sharing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car-Sharing Market Size Forecast by Type
10.6.1 P2P
10.6.2 Station-Based
10.6.3 Free-Floating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car-Sharing Market Size Forecast by Applications
10.10.1 Business
10.10.2 Private
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car-Sharing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car-Sharing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car-Sharing Market Size Forecast by Type
11.6.1 P2P
11.6.2 Station-Based
11.6.3 Free-Floating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car-Sharing Market Size Forecast by Applications
11.10.1 Business
11.10.2 Private
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car-Sharing Analysis and Forecast
12.1 Introduction
12.2 Latin America Car-Sharing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car-Sharing Market Size Forecast by Type
12.6.1 P2P
12.6.2 Station-Based
12.6.3 Free-Floating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car-Sharing Market Size Forecast by Applications
12.10.1 Business
12.10.2 Private
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car-Sharing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car-Sharing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car-Sharing Market Size Forecast by Type
13.6.1 P2P
13.6.2 Station-Based
13.6.3 Free-Floating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car-Sharing Market Size Forecast by Applications
13.10.1 Business
13.10.2 Private
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car-Sharing Market: Competitive Dashboard
14.2 Global Car-Sharing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Car2Go
14.3.2 Communauto
14.3.3 Enterprise CarShare
14.3.4 Liftshare.com
14.3.5 Zipcar
14.3.6 City Hop
14.3.7 E-Car
14.3.8 eHi
14.3.9 GoGet Car Share
14.3.10 Mobility CarSharing
14.3.11 Modo - The Car Co-op
14.3.12 Zoom
