DUBLIN–(BUSINESS WIRE)–The “Car Sharing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The global car sharing market grew at a CAGR of around 8% during 2014-2019. Looking forward, the publisher expects the global car sharing market to exhibit moderate growth during the next five years.
Carsharing refers to a car rental service wherein individuals rent cars for a short time. It supports community transit, helps achieve environmental goals, decreases personal car ownership, reduces total distance traveled by the vehicle, improves urban land use and development, and provides affordable access to vehicles. At present, the rising need for cost-effective and convenient mobility services, in confluence with advancements in technology that facilitate simplified access to shared mobility platforms, is positively influencing the demand for carsharing.
There is a significant rise in the demand for carsharing services on account of the rising greenhouse emissions, growing environmental concerns and the increasing adoption of novel mobility solutions. As a result, governments of numerous countries are undertaking initiatives and conducting awareness campaigns to curb emissions and reduce the ownership of private vehicles. Consequently, carsharing services have emerged as an effective solution. Apart from this, the market growth can also be accredited to the expanding share of peer-to-peer (P2P) lending services, which allow private car owners to rent personal cars.
Furthermore, various organizations are relying on corporate carsharing as it enables employees to stay punctual, reduces fleet management costs of the company and eliminates the requirement for large parking spaces. However, due to the sudden outbreak of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governments of several countries, the market has been adversely impacted. It is anticipated to witness growth once normalcy is regained.
Companies Mentioned
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.1 Key Industry Trends
5 Global Car Sharing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Car Type
6.1 Economy
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Executive
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Luxury
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Business Model
7.1 P2P
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Station Based
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Free-Floating
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Business
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Private
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.2 Asia-Pacific
9.3 Europe
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/b7ios5
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