Transformative Trends Impacting the B2C Mobility Sharing Market Landscape: Kinetic Green Launches eLuna A Stylish and Efficient Electric Vehicle for Sustainable Urban Mobility

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How Large Will the B2C Mobility Sharing Market Size By 2025?
The size of the B2C mobility sharing market has seen aggressive expansion in the past few years. The market is set to surge from a value of $54 billion in 2024 to a whopping $66.88 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 23.8%. Factors such as urbanization and population density, escalating traffic jam issues, environmental worries, widespread usage of smartphones, evolving consumer preferences, governmental support and regulations, and potential for consumer cost savings have all contributed to this historic growth period.

How Big Is the B2C Mobility Sharing Market Size Expected to Grow by 2029?
The market size of B2C mobility sharing is likely to witness substantial acceleration in the coming years, with an estimated value of $152.26 billion by 2029 and a CAGR of 22.8%. The surge during this forecasted period can be tied to factors such as adaptive pricing models, customization, customer loyalty schemes, goals to alleviate climate change, focus on comprehensive accessibility, development of novel business models, and data-oriented decision-making processes. Key trends expected over the forecast period encompass the expansion of micro-mobility services, blending different mobility modes, the rise of contactless payments and digital wallets, collaboration with public transport systems and advancements in accessibility.

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Which Key Market Drivers Powering B2C Mobility Sharing Market Expansion and Growth?
The burgeoning trend of connected vehicles is propelling the advancement of the B2C mobility sharing market. Connected vehicles are essentially motor vehicles equipped with internet access and a local area network allowing them to interact with other vehicles to boost the user experience through real-time vehicle interaction. This interaction can also be linked with smartphones for performance monitoring. In B2C mobility sharing, these internet-enabled vehicles play a vital role in continuously transmitting and receiving data to bolster vehicle security, allow live vehicle tracking, and manage the fleet for a smooth mobility service for drivers and fleet owners. In February 2024, for example, the Society of Motor Manufacturers and Traders (SMMT), a trade association based in the UK, heralded the launch of Britain's millionth battery electric connected car (BEV) on the roads. This landmark coincided with a considerable growth of 8.2% in the new car market in January 2024. In particular, the registration of 20,935 BEVs in January 2024 marked a noteworthy rise of 21.0% compared to the previous year. Consequently, the growing trend of connected vehicles and an increase in smartphone use are fuelling the progress of the B2C mobility sharing market.

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Which Fast-Growing Trends Are Poised to Disrupt the B2C Mobility Sharing Market?
The central focus of the B2C mobility sharing market is currently the trend of technological innovation. The primary strategy for the big players in this market is to develop their electric two- and three-wheeler offerings to maintain their market dominance. KINETIC GREEN ENERGY AND POWER SOLUTIONS LIMITED, a firm based in India that specialises in electric vehicles and renewable energy solutions, demonstrated this in September 2022 when they unveiled eLuna. This revolutionary vehicle caters to the rising demand for eco-friendly urban transportation, with a combination of stylish design, effective performance, and continuous technological enhancements. It stands out with its lightweight construction and a robust lithium-ion battery, which provides remarkable range and city driving performance.

What Are the Emerging Segments in the B2C Mobility Sharing Market?
The B2C mobility sharing market covered in this report is segmented -

1) By Service Model: Car Sharing, Bike Sharing, Scooter Sharing, Ride-Hailing, Other Service Model
2) By Vehicle: Cars, Two Wheelers, Other Vehicle
3) By Level of Automation: Semi-Automated Vehicle, Fully Automated Vehicle
4) By Application: Short Trips (5 Km or Less), Medium And Long Distance (5-15 Km), Long-distance(More Than 15 Kilometers)

Subsegments:
1) By Car Sharing: Peer-To-Peer Car Sharing, Traditional Car Sharing, One-Way Car Sharing
2) By Bike Sharing: Traditional Bike Sharing, Electric Bike Sharing
3) By Scooter Sharing: Electric Scooter Sharing, Manual Scooter Sharing
4) By Ride-Hailing: App-Based Ride-Hailing, Taxi Aggregator Services
5) By Other Service Model: Shuttle Services, Van Pooling, Carpooling Services

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Who Are the Global Leaders in the B2C Mobility Sharing Market?
Major companies operating in the B2C mobility sharing market are Avis Budget Group Inc., Beijing Xiaoju Technology Co. Ltd., Bolt Technology OÜ, Cabify SA, Careem Networks LLC, Enterprise Holdings Inc., Europcar Group SA, Grab Holdings Inc., The Hertz Corporation, Lyft Inc., Uber Technologies Inc., Didi Chuxing Technology Co., Car2go NA LLC, DriveNow GmbH & Co. KG, Free2Move Holding AB, Getaround Inc., Modo Co-operative, Mobility Cooperative, Mobility Mixx BV, Our Car Ltd., Poppy Mobility NV, Ridecell Inc., Scoot Networks Inc., Sixt SE, Ford Smart Mobility, TIER Mobility GmbH, Voi Technology AB, Whim by MaaS Global, Zipcar Inc., Zoomcar India Pvt Ltd., Cityhop, Evo Car Share

Which are the Top Profitable Regional Markets for the B2C Mobility Sharing Industry?
North America was the largest region in the B2C mobility sharing market in 2024. The regions covered in the B2C mobility sharing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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