Car Sharing Market Growth Analysis, Share, Demand by Regions, Types and Analysis of Key Players- Research Forecasts To 2022
Houston, TX -- (SBWIRE) -- 04/25/2018 -- Increasing pollution and traffic congestion in urban areas are the major drivers of the car sharing market. With the increasing adoption of these services, people are increasingly opting for soft transportation modes, such as walking or cycling, to the vehicle stations. Roundtrip car sharing vehicles offer about 10% more fuel efficiency, reducing the carbon footprint.
Car Sharing market anticipated to post an impressive CAGR of +20% during the forecast period
The integration of advanced technologies into the cars to provide enhanced services quality will propel the carsharing market growth. Companies are providing smart cards and RFID tags to enhance security features such as locking & unlocking of doors and providing unique identification to the drivers. For instance, EZrise, a car sharing company based in the U.S., has started providing unique smart cards to its users to lock/unlock the doors of the cars. Car-to-car communication, autonomous driving, and route optimization are some of the technologies that are being implemented by the vendors to attract.
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Top Key Vendors:
Hertz Corporation, Autolib, Car2Go, DriveNow, Getaround, Inc., Orix Corporation, and Zipcar,
The inconvenience caused to the customers in returning the vehicle at the designated pick and drop station is expected to drive the one-way car sharing market growth. One-model is projected to gain pace as they reduce the inconvenience for the users to drop-off the vehicle at the pick-up point. These services are flexible and convenient for the customers; however, this model is difficult for the operators. These are difficult to manage due to the imbalance created on the fleet distribution system due to the freedom given to the users to drop-off vehicles at different locations.
The research on the global Car Sharing market will be useful to investors, regularity authorities, and policy makers, state the analysts. Independent research institutions, commercial entities, and non-profit organization in this sector can also benefit from the report. The report also discusses the product offerings and revenue segmentation of the key players to throw light on the highly competitive environment prevailing in the Car Sharing market. Key strategies of growth adopted by leading industry players are also analyzed in detail by the report.
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Table Of Content:
Chapter 1 Car Sharing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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