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Shared Mobility Market to Skyrocket to USD 1181.09 Billion by 2030, Growing at an Impressive 28.8% CAGR

07-02-2024 08:03 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: STELLAR MARKET RESEARCH

Shared Mobility Market

Shared Mobility Market

Shared Mobility Market Overview:

The shared mobility market, valued at USD 200.85 billion in 2023, is projected to grow at a CAGR of 28.8% from 2024 to 2030, reaching approximately USD 1181.09 billion. Shared mobility involves travel services where organizations offer commuting facilities, utilizing fleets from commercial vehicle owners. The market's rapid growth is driven by urbanization, environmental concerns, limited energy resources, and economic factors.

๐…๐จ๐ซ ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค: https://www.stellarmr.com/report/req_sample/Shared-Mobility-Market/289
Market Dynamics:

Key Statistics:

Over 40 million daily emails are exchanged on major platforms.
Shared mobility accounts for over 90% of consumer spending in the sector.
The number of shared rides has tripled in four years.
Auto players constitute only 5% of investments in shared mobility.
60% of consumers are willing to share rides if it reduces costs and increases travel time by less than 15%.

Growth Drivers:

E-hailing, car sharing, and urban air mobility are transforming travel options.
Increased adoption of autonomous taxis and shuttles is anticipated.
Shared mobility market is worth over $60 billion in China, Europe, and the US.
Significant investments from venture capital and private equity are shaping the market.

๐“๐จ ๐‹๐ž๐š๐ซ๐ง ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐’๐ญ๐ฎ๐๐ฒ, ๐๐ฅ๐ž๐š๐ฌ๐ž ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Shared-Mobility-Market/289

Segmentation:

By Vehicle Type:
LCVs, Buses & Coaches, Micromobility, Passenger Cars

By Services:
Bike Sharing, Ride Sharing, Car Sharing, Ride Hailing

By Business Model:
P2P, B2B, B2C

By Power Source:
Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Powered, Battery Electric Vehicle (BEV)

Trends:

Subscription Services: Growing demand for flexible personal mobility, driven by the need for short-term, cost-effective vehicle rentals.

Scooter Sharing: Notable growth, especially in urban areas, with untapped potential in several regions.

Electric Bikes: Increasing adoption post-pandemic, with cities turning lanes into bike paths and integrating electric bike sharing.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐›๐ฎ๐ฒ๐ข๐ง๐ :https://www.stellarmr.com/report/enquire_now/Shared-Mobility-Market/289

Regional Insights:

APAC: Dominates with a 38% market share, driven by high private transport usage and government initiatives to boost the auto industry.

North America & Europe: Significant players in shared mobility due to technological advancements and consumer preferences for convenience.

Key players include:

Beijing Xiaoju Technology Co, Ltd. (China)
Global Car Sharing Car Rental Ltd. (China)
Grab (Singapore)
Uber Technologies Inc. (USA)
ANI Technologies Pvt. Ltd. (India)
Lyft Inc. (USA)
Avis Budget Group (USA)
car2go NA, LLC (USA)
Careem (UAE)
Taxify Oรœ (Now Bolt) (Estonia)
Gett (UK)
Maxi Mobility S.L (Cabify) (Spain)
Analytical Tools:
Porter's Five Forces Model: Helps design market strategies by analyzing the competitive intensity and market dynamics.
PESTEL Analysis: Evaluates the political, economic, social, technological, environmental, and legal factors influencing the market.

Conclusion:

The shared mobility market is poised for significant growth, driven by technological advancements, changing consumer preferences, and substantial investments from non-automotive sectors. The market offers lucrative opportunities for various stakeholders, including automakers, technology firms, and service providers.

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐ซ๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฐ๐ž๐›๐ฉ๐š๐ ๐ž:https://www.stellarmr.com/report/Shared-Mobility-Market/289

Key Questions answered in the Shared Mobility Market Report are:

What was the Shared Mobility market size in 2023?
What is the expected Shared Mobility market size by 2030?
What are the Shared Mobility market segments?
Which Shared Mobility market segment is expected to grow rapidly during the forecast period?
Which are the prominent players in the Shared Mobility Industry?
What key trends will emerge in the Shared Mobility market during the forecast period?
Which region dominated the global Shared Mobility market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segments with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Stellar Market Research is leading research firm, has also published the following reports:

Concrete Mixer Market https://www.stellarmr.com/report/Concrete-Mixer-Market/492

Industrial Power Transmission Market https://www.stellarmr.com/report/Industrial-Power-Transmission-Market/524

Electric Fireplace Market https://www.stellarmr.com/report/Electric-Fireplace-Market/529

Aerial Work Platform Market https://www.stellarmr.com/report/Aerial-Work-Platform-Market/542

Automotive Keyless Entry System Market https://www.stellarmr.com/report/Automotive-Keyless-Entry-System-Market/548

Contact Stellar Market Research:

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com

+91 9607365656

About Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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