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+20% CAGR to Be Achieved by Car Sharing Market by Extensive market growth by focusing on Top Key Vendors like Hertz Corporation, Autolib, Car2Go, DriveNow, Getaround, Inc., Orix Corporation, and Zipcar

01-11-2019 03:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research N Reports

Car Sharing

Car Sharing

This study analyses the nature, historical development, industry challenges, drivers, constraints, stakeholders, and business models of carsharing and provides its growth forecasts for the 2019–2026 period. It conducts scenario analysis of the growth of car sharing membership and shared vehicles. This also includes competitor bench marking and profiles of leading carsharing organizations. The study examines the factors that are accelerating the growth of car sharing membership.

Car Sharing market anticipated to post an impressive CAGR of +20% during the forecast period

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.

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Top Key Vendors:
Hertz Corporation, Autolib, Car2Go, DriveNow, Getaround, Inc., Orix Corporation, and Zipcar,

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.

Key Topics Covered

1. Car Sharing Market in Poland, Forecast to 2025

2. Executive Summary

3. Research Scope, Objectives, Background and Methodology

4. Market Dynamics

5. Drivers and Restraints

6. Market for Car Sharing Services

7. Competitive Landscape

8. Growth Opportunities and Companies to Action

9. Conclusions and Future Outlook

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About Research N Reports:
Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently we keep evolving as an all-rounder provider of viable information under one roof.

Contact us:
Mr. Sunny Denis
10916, Gold Point, Dr, Houston, TX - 77064.
Contact No. +1-888-631-6977
sales@researchnreports.com
(ResearchnReports)

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