openPR Logo
Press release

Car (Vehicle) Subscription Market Size, Growth Rate (21.1%), Top Companies Overview, Demand, and Analysis Report 2022-2027

08-17-2022 11:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Car Subscription Market

Car Subscription Market

According to the latest report by IMARC Group, titled "Car Subscription Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global car subscription market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2027, exhibiting a growth rate (CAGR) of 21.1% during 2022-2027. A car subscription is a new model of ownership with fixed periodic recurring fees that mainly cover the insurance as well as maintenance expenses of the car. It usually opts for a minimum of 1 month to 2 years. It is a service solution between car rental and leasing services, which benefit from these two assistance modes. It includes the multiple switches of the subscribed car, and additional vehicle expenses such as insurance and maintenance are taken care of by the service provider.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/car-subscription-market/requestsample

Global Car Subscription Market Trends:

The global market is majorly driven by the increasing number of premium OEMs offering car subscriptions. Furthermore, the shifting consumer preference for multi-brand car subscription services is creating a positive outlook for the market. Apart from this, numerous market players are expected to witness significant growth opportunities, mainly due to the surging technology transition in the automotive space. Besides this, the rising expenditure capacities of the consumers, along with extensive infrastructural developments, especially in developing economies, are contributing to the market. Additionally, the growing popularity of these subscriptions due to the robust automotive framework and presence of top-tier companies in the developed regions are providing a boost to the market growth.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/car-subscription-market

Global Car Subscription Market 2022-2027 Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players:

• Carly Holdings Limited
• Cluno GmbH (Cazoo Limited)
• Cox Enterprises Inc.
• Facedrive Inc.
• Lyft Inc.
• Onto Ltd
• OpenRoad Auto Group
• The Hertz Corporation
• Wagonex Limited
• ZoomCar

Breakup by Service Providers:

• OEMs and Captives
• Independent/Third Party Service Provider

Breakup by Vehicle Type:

• IC Powered Vehicle
• Electric Vehicle

Breakup by Subscription Period:

• 1 to 6 Months
• 6 to 12 Months
• More Than 12 Months

Breakup by End-Use:

• Private
• Corporate

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance 2016-2021
• Market Outlook 2022-2027
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Other Reports of IMARC Group:

https://www.einnews.com/pr_news/554415261/running-gear-market-in-india-2021-2026-industry-growth-rate-share-size-top-companies-and-forecast-report
https://www.einnews.com/pr_news/554414042/automotive-glass-market-size-in-india-2021-leading-manufacturers-growth-rate-overview-and-forecast-report
https://www.einnews.com/pr_news/554414318/microinsurance-market-in-india-report-2021-26-by-product-type-property-insurance-health-insurance-life-insurance
https://www.einnews.com/pr_news/554414733/aluminum-extrusion-market-in-india-2021-2026-industry-size-share-top-companies-growth-and-forecast
https://www.einnews.com/pr_news/554410312/malaria-diagnostics-market-to-grow-at-cagr-of-5-during-2021-2026

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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 Car (Vehicle) Subscription Market Size, Growth Rate (21.1%), Top Companies Overview, Demand, and Analysis Report 2022-2027 here

News-ID: 2706917 • Views: 185

More Releases from IMARC Group

Albumin Market 2023-2028: Report, Industry Size, Share, Growth Drivers, Analysis …
According to IMARC Group latest report titled "Albumin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on albumin market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global albumin market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.2 Billion
Saudi Arabia Perfume Market Demand, Industry Size, Share, Top Companies Analysis …
IMARC Group, a leading market research company, has recently released a report titled "Saudi Arabia Perfume Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the Saudi Arabia perfume market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. How big is the Saudi Arabia perfume market? The
Medical Thawing System Market Size (US$ 301.5 Million) | Industry Report 2023-20 …
IMARC Group, a leading market research company, has recently released a report titled "Medical Thawing System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global medical thawing system market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. What Are The Growth Prospects Of The Medical
Hybrid Electric Vehicle Market Size to Surpass 40.4 Million Units by 2028 at 30. …
IMARC Group, a leading market research company, has recently released a report titled "Hybrid Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global hybrid electric vehicle market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. What Are The Growth Prospects Of The Hybrid

All 5 Releases


More Releases for Car

Car Rental Services Market Forecast to 2028 Covid-19 Impact and Global Analysis …
Car rental services are a process of hiring/renting a car for a limited period from a rental company. Various companies like Uber Technologies, Europcar rent the vehicles for a short period ranging from few hours to weeks. The different types of cars rented by the company include Luxury Car, executive car, and economical car among others. Additionally, vehicle renting agencies also offer other products such as insurance, entertainment systems, and
Central African Republic: Country Intelligence Report | Telecel, Orange CAR, Moo …
HTF Market Intelligence released a new research report of 36 pages on title 'Central African Republic: Country Intelligence Report' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources. The study covers key regions that includes Central
Car Rentals Market Growth Strategies and Innovative Technology Transformation by …
Worldwide Market Reports has announced the addition of the "Car Rentals Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Car Rentals Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The emergence of own-brand digital ordering platform has been trending in the global Car Rentals market. Car Rentals such as
Luxury Car Leasing Market Competitors Analysis By German Rent A Car, ANI Technol …
'Global Luxury Car Leasing Market Research Report' the report is complete with an elaborate research undertaken by prominent analysts and a detailed analysis of the global industry place. The Luxury Car Leasing report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in
Car Wash Market is Thriving Worldwide 2026 | Super Star Car Wash, Autobell Car W …
This Car Wash Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Car Wash Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligent
Car Rentals Market Growth 2020-2025: Sixt Rent A Car, Malkey Rent A Car, Casons …
Car Rentals Industry Description Wiseguyreports.Com Adds "Car Rentals -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Car Rentals by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain