Press release
On - Demand Transportation Market 2018 | Daimler Group; BMW Group, General Motor Company, Ford Motor Company
On-demand transportation is highly advanced transportation system that provides revolutionary management system and traffic. This type of transportation system permits various customers to be more coordinated and also makes smarter and safer use of transport system. These are some of the factor majorly supporting growth of this market.
Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4161
Advancement in IT infrastructure can be another reason behind growth of the on-demand transportation market at global level. The rising trend of micro mobility share like e-scooter, e-bike, and two wheeler services can be another factor influencing growth of the global on-demand transportation market. The developing countries like India and China are more inclined toward growth of two-wheeler transportation system, this can be other factor propelling growth of the on-demand transportation market. The key players are largely focused toward various market strategies such as collaboration and new product launch to maintain their presence across the globe. This is likely to be another reason toward development and growth of the on-demand transportation market.
The ban on DIDI chuxing by the china government can be other factor negatively impacting growth of the global market for on-demand transportation. The same incident register in recent past, as the Uber passenger alleges allegation against the driver for misbehaving with the customers. Moreover, high cost involve in to develop infrastructure can be another factor hampering growth of this market.
The global market for on-demand transportation is segmented on the basis of vehicle type, service type, vehicle connectivity and region. The vehicle type is further divided into e-hailing, car sharing, station based mobility, and car rental. In terms of vehicle connectivity, the global market for on-demand transportation is categorized into V2I, V2N, V2P, and V2V.By vehicle types, the market is segregated into micro-mobility and four wheeler. However, global operators such as Ola, Uber, BMW Group, Daimler AG, dominate among other players operating in the global market for on transportation.
Global On - Demand Transportation Market: Overview
The global market for on-demand transportation is predicted to witness a robust growth during the forecast period 2018- 2028. Incessant growth in traffic all over the world is likely to fuel the demand for on-demand transportation. Rising demand for transportation facilities in place where public transport are not frequent has significantly helped the market to rise. Also, increasing concerns regarding carbon emission all over the world due to aggressive growth in vehicles is making people opt for on-demand transportation.
Buy This Report @ https://www.tmrresearch.com/checkout?rep_id=4161<ype=S
Global On-Demand Transportation Market: Trends and Opportunities
One of the major factors driving the growth of global on-demand transportation market is the volatile cost of fuels. Over the recent years, price of fuels have nothing but soared exceptionally, breaking all records. Rapid urbanization, coupled with robust infrastructural development, has significantly led to dearth of adequate parking spaces.. This has fostered the uptake of On-demand transportation services throughout the world.
Surge in cost of automobile has compelled people to incline towards on-demand services, which provide benefits such as modify a ride, pre book a trip, and allows user to cancel their bookings at a minimal costs. Rising popularity of car sharing services due to their reasonable fare and because they are environmental friendly is creating lucrative opportunities for the market's growth. Apart from these, people are showing interests in on-demand transportation services as these provide improved travelling experience with zero maintenance costs. Increasing penetration of smartphones in various parts of the world has boosted the product demand. Developed countries have almost achieved 100% of smartphone use. Meanwhile, the developing countries are experiencing a strong demand for smartphones. Expansion of internet is foreseen to augment the demand in market.
Increase in number of car sharing applications such as Gett and Uber has exceptionally favored the growth of market. However, these applications do require seamless internet connection to book a ride. Hence, poor internet connection may adversely impact the expansion of the market in certain areas. On the other hand, network providers in order to counter the issues have provided applications which will help the user to book a cab without requiring internet connection. For instance OLA, an Indian mobile cab services launched OLA offline features which supports user to book a cab with a help of SMS. Passengers' safety has been considered as one of the important setback on the market. Government keeping an eye on such cases have implemented strict regulation to increase safety of passengers.
Global On-Demand Transportation Market: Market Potential
Recently, Emirates Skywards launched a booking app known as Emirates Skywards Cabforce in collaboration with CarTrawler. Emirate Skywards Cabforce is an on-demand ground transportation application. The app provides secured payment through credit card and electronic receipts for every trip. The app helps users to see the fixed price. The app is available on both iOS and Android devices. Such innovations will give significant impetus to the global on-demand transportation market.
Global On-Demand Transportation Market: Regional Outlook
Asia Pacific is expected to dominate other regions owing to rise in disposable income and fuel prices. Government initiatives favoring the market in the region has also helped the region to become favorite for the players.
Global On-Demand Transportation Market: Competitive Landscape
The players in the market are focusing extensively on research and developmental activities to enhance services and provide better passenger security. Leading players are opting for mergers and acquisitions in order extend their services. Some of the major players in the market are International Business Machines Corporation (IBM), Daimler Group; BMW Group, General Motor Company, Ford Motor Company, and Robert Bosch GmbH, and Gett, Inc.
To know more about the table of contents, you can click @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=4161
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today's supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients' conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release On - Demand Transportation Market 2018 | Daimler Group; BMW Group, General Motor Company, Ford Motor Company here
News-ID: 2057726 • Views: …
More Releases from TMR Research
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction
A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are…
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot
The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030.
The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute…
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot
The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030.
The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to…
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot
Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation…
More Releases for Transportation
Student Transportation Service Market | Global and Regional Analysis and Forecas …
Student Transportation Service Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Student Transportation Service market across the globe, including valuable facts and figures. Student Transportation Service Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive overview including Definitions, Scope, Application, Production…
Non-Emergency Medical Transportation Market By Service Type Private Pay Patient …
A Latest intelligence report published by The Insight Partners with title “Non-Emergency Medical Transportation Market Outlook to 2027. A detailed study accumulated to offer Latest insights about acute features of the Non-Emergency Medical Transportation market. This report provides a detailed overview of key factors in the Non-Emergency Medical Transportation Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these…
Student Transportation Service Market to Watch: Spotlight on Dean Transportation …
Latest released research study on COVID-19 Outbreak- Student Transportation Service Market delivers volume and values at regional and company levels considering slowdown due to COVID across the globe. From a global perspective, the report analyzes historical data and future prospects to represent the total COVID-19 Outbreak-Global Student Transportation Service Market size broken down by various segments (type and application) and by highest potential and emerging countries. Some of the players…
Transportation Analytics Market - Optimization in the Transportation & Logistics …
With rapid technological advancements, there is need for efficient transportation. Inefficient transportation difficulties are expensive as well as time consuming. The major concern is in building the infrastructure for transportation such as roads, highways, and railway tracks. This is because manufacturing a car is less time consuming than construction of roads, tracks etc. Rising population and the migration of people from rural areas to the metros is responsible for traffic…
Global Intermodal Freight Transportation Market 2017 Knight Transportation, Swif …
Intermodal Freight Transportation Market 2017
A market study based on the Intermodal Freight Transportation Market 2017 inspects the execution of the Intermodal Freight Transportation advertise, encasing a top to bottom judgment of the Intermodal Freight Transportation showcase state and the aggressive scene comprehensively. This report breaks down the capability of Intermodal Freight Transportation market in the present and in addition the future prospects from different points in detail.
The Global Intermodal…
Transportation Management System Market in Intermodal Transportation to Fuel Dem …
A transportation management system (TMS) is a software solution and a key component of supply chain management used to plan the movement of freight. TMS solutions ensure effective communication between carriers and shippers, enabling them to share real-time information.
Thus, logistics and transportation companies increasingly prefer TMS solutions. Leading vendors in the transportation management system market are increasingly investing in transportation management software to offer customers, especially transport and logistics…
