Car-Sharing Market is Booming Worldwide | Hertz, Getaround, Zipcar

Advance Market Analytics added research publication document on Worldwide Car-Sharing Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Car-Sharing market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2023 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled 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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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.

In September 2018, Uber revved up its Canadian operations with a new engineering hub in Toronto and the expansion of its self-driving vehicle center in the city. The company said the engineering hubâ€"Uber’s eighth outside the USâ€"will be complete by early 2019 and will form the “building blocks” for stronger and faster global deployment of new offerings such as jump bikes and e-scooter rentals.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Car-Sharing Market various segments and emerging territory.

Influencing Market Trend
• Rise in Fuel Prices, Public Policy in Shared Mobility
• Rising Market Consolidation and Corporate Car Sharing
Market Drivers
• Government Initiatives to Increase the Usage of the Services
• Stringent Co2 Reduction Target
• Cost Advantage In 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
Challenges:
• Increasing Competition from Other Mobility Services
• Profitability and Sustainability Model

Analysis by 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)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [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)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players

Have Any Questions Regarding Global Car-Sharing Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/64017-global-car-sharing-market-1#utm_source=OpenPR/Rahul

The regional analysis of Global Car-Sharing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.

Car Sharing Act has the authority to give priority to shared vehicles with regard to parking fees and parking spaces on public road for the benefits of the end users. The benefits will be given to those who have registered and identified as car sharing vehicles with the authorities. The Car Sharing Act also allows car sharing providers to apply for compound sites on federal town roads. Such sites can only be requested by providers offering pre-bookable vehicles at specific collection and return points. According to the American Association of Automobiles (AAA), the average annual costs to own and operate vehicles are about USD 8,698.

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.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/64017-global-car-sharing-market-1#utm_source=OpenPR/Rahul

Highlights of the Report
• The future prospects of the global Car-Sharing market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Car-Sharing market.

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This release was published on openPR.