Car sharing Market is expected to reach USD9.46 Billion by 2025 growing at a CAGR of 18.43%
Edison, NJ -- (SBWIRE) -- 02/12/2020 -- The Global Car sharing Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions. Some of the key players in the Global Car sharing market are Hertz Corporation, Getaround, Modo, Zipcar, Communauto, eHi, Orix Corporation, Autolib, Zoom car, Car2Go, DriveNow, City Hop, GoGet Car Share (Australia) and Mobility CarSharing (Switzerland).
What's keeping Hertz Corporation, Getaround, Modo, Zipcar, Communauto, eHi, Orix Corporation, Autolib, Zoom car, Car2Go Ahead in the Market? Benchmark yourself with strategic steps and conclusions recently published by HTF MI
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Market Snapshot:
Car sharing refers to practice of sharing vehicle for travelling for a period of time. It is a mode of transport where vehicles are owned by the separate firm or organization or individual who shares the vehicle. Over the past few years car sharing have grown from base to organization to widely recognized, trans formative urban transportation services. The users can now avoid the fixed costs of ownership by using vehicle on the pay-per-use basis.
According to AMA, the Global Car-Sharing market is expected to reach USD9.46 Billion by 2025 growing at a CAGR of 18.43%.
Market Trend
Corporate car sharing
Rising market consolidation
Rise in fuel prices, public policy in shared mobility
Ride sharing platform to converge
Market Drivers
Cost advantage
Government initiatives to increase the usage of the services
Challenges
Lack of awareness regarding car sharing
Increasing competition from other mobility services
Limited driving experience
Road congestion
By type, the market is split as:
P2P car sharing
By the end users/application, sub-segments are:
Business, Private
Regional Analysis for Car sharing Market:
North America, Europe, Asia-Pacific etc
For Consumer Centric Market, Survey Analysis can be included as part of customization which consider demographic factor such as Age, Gender, Occupation, Income Level or Education while gathering data. (if applicable)
Consumer Traits (If Applicable)
? Buying patterns (e.g. comfort & convenience, economical, pride)
? Buying behavior (e.g. seasonal, usage rate)
? Lifestyle (e.g. health conscious, family orientated, community active)
? Expectations (e.g. service, quality, risk, influence)
The Global Car sharing Market study covers current status, % share, future patterns, development rate, SWOT examination, sales channels, to anticipate growth scenarios for years 2020-2025. It aims to recommend analysis of the market with regards to growth trends, prospects, and players contribution in the market development. The report size market by 5 major regions, known as, North America, Europe, Asia Pacific (includes Asia & Oceania seperately), Middle East and Africa (MEA), and Latin America.
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The Car sharing market factors described in this report are:
-Key Strategic Developments in Global Car sharing Market:
The research includes the key strategic activities such as R&D plans, M&A completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale.
Key Market Features in Global Car sharing Market:
The report highlights Car sharing market features, including revenue, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, supply & demand, cost bench-marking, market share, CAGR, and gross margin.
Analytical Market Highlights & Approach
The Global Car sharing Market report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.
Table of Contents :
Global Car sharing Market Study Coverage:
It includes major manufacturers, emerging players growth story, major business segments of Global Car sharing market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application and technology.
Global Car sharing Market Executive Summary
It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Global Car sharing Market Production by Region
Global Car sharing Market Profile of Manufacturers
Players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
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Key Points Covered in Car sharing Market Report:
Car sharing Overview, Definition and Classification
Market drivers and barriers
Car sharing Market Competition by Manufacturers
Car sharing Capacity, Production, Revenue (Value) by Region (2020-2025)
Car sharing Supply (Production), Consumption, Export, Import by Region (2020-2025)
Car sharing Production, Revenue (Value), Price Trend by Type { P2P car sharing }
Car sharing Market Analysis by Application { Business, Private}
Car sharing Manufacturers Profiles/Analysis
Car sharing Manufacturing Cost Analysis
Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
Marketing Strategy by Key Manufacturers/Players, Connected Distributors/Traders
Standardization, Regulatory and collaborative initiatives
Industry road map and value chain
Market Effect Factors Analysis ............
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