Car-Sharing Market is Booming Worldwide | Hertz, Getaround, Modo-The Car Co-op

The Latest published a market study on Global Car-Sharing Market provides an overview of the current market dynamics in the Car-Sharing space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2028. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some of the players that are in coverage of the study are Hertz Corporation (United States), Getaround, Inc. (United States), Modo - The Car Co-op (United States), Zipcar, Inc. (United States), Communauto (Canada), eHi (China), Orix Corporation (Japan), Autolib (France), Zoom car (India), Car2Go (Germany), DriveNow (Germany).

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Scope of the Report of Car-Sharing
Over the past few years, car sharing has grown from base to organization to widely recognized, transformative urban transportation services. Car sharing refers to the practice of sharing a vehicle for travelling for a period of time. It is a mode of transport where vehicles are owned by a separate firm or organization or individual who shares the vehicle. Increasing population and traffic congestion is propelling the car-sharing market. According to AMA, the market for Car-Sharing is expected to register a CAGR of 19.57% during the forecast period to 2026. This growth is primarily driven by Government Initiatives to Increase the Usage of the Services, Stringent Co2 Reduction Target and Cost Advantage In Car Sharing.

The titled segments and sub-section of the market are illuminated below:
• Type (Roundtrip car sharing, One-way station-based, One-way free floating, Peer-to-Peer (P2P) Car sharing),
• Application (Business, Private),
• Model (P2P, Station Based, Free Floating)

Market Drivers:
Government Initiatives to Increase the Usage of the Services
Stringent Co2 Reduction Target
Cost Advantage In Car Sharing
Market Trends:
Rise in Fuel Prices, Public Policy in Shared Mobility
Rising Market Consolidation and Corporate Car Sharing
Opportunities:
Development of Autonomous Vehicles for Ride Sharing
Public Transport System Improvement
Increasing User Base Among Millennials and Potential Generation Z
Development of Autonomous Vehicles for Ride Sharing

Key Developments in the Market:
In Jan 2018, Daimler, BMW Reportedly Merging Car-Sharing Services. Daimler and BMW are set to merge their car-sharing services, Car2Go and Drive Now, into one, independently run company.
In addition to that In January 2017, Europcar Group announced the acquisition of GuidaMi, a station-based car sharing company to expand its business in Milan. In November 2016, Getaround acquired stakes of City CarShare to strengthen its position in the market.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Car-Sharing Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Car-Sharing market
Chapter 2: Exclusive Summary - the basic information of the Car-Sharing Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Car-Sharing
Chapter 4: Presenting the Car-Sharing Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Car-Sharing market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Car-Sharing Market is a valuable source of guidance for individuals and companies.

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