1 / 2

Car Sharing Market

Due to the rising adoption of cars supported by advanced technology, and tight government restrictions on emissions, the worldwide car-sharing market is growing at a substantial pace. The scale of the car-sharing market led to a new business model, such as a round trip and one way. Due to its operating gains and consumer versatility, the industry has seen strong demand for one-way sharing.

1774
Download Presentation

Car Sharing Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Car Sharing Market Due to the rising adoption of cars supported by advanced technology, and tight government restrictions on emissions, the worldwide car sharing market is growing at a substantial pace. The scale of the car sharing market led to a new business model, such as a round trip and one way. Due to its operating gains and consumer versatility, the industry has seen a strong demand for one-way sharing. By Model, the car-sharing market is subdivided into free-floating, P2P, and station-based. Free-floating segment accounted the largest share in the market, due to a high degree of flexibility, and escalating taxi fares. By Business Model, the business model the market is subdivided into one way, and round trip. The one-way segment accounted for the larger share in the market due to its operational advantages, and customer flexibility. By Application, the market is subdivided into private, and business. The business application accounted the larger share in the car-sharing market due to mounting on-demand movement in the corporate sector, ease of operation, and flexibility through improved mobility. The primary growth drivers for the car-sharing market are rising air degradation, stringent government regulations on pollution, traffic congestion in metropolitan areas, high personal vehicle ownership prices, decreased commuting costs, and mounting adoption of vehicles supported by advanced technology. In addition, an increase in the requirement of an efficient vehicle with zero carbon emission, mounting alarm about environmental pollution and strict regulations regarding vehicle emission is also driving the growth of the market Incentives offered by the government, changing regulation, a mounting number of smartphones and mobile devices, and lack of proper public transportation infrastructure in emerging countries are also facilitating the growth for the car-sharing market. Recent News: In March 2018, In the areas of charging, vehicle sharing, parking, ride-hailing and multimodality, the BMW Group and Daimler AG have agreed to merge their transportation systems and extend their current on-demand mobility offerings. Competitive Insights: Autolib, Hertz Corporation, Car2Go Ltd., Getaround, Inc, Mobility carsharing, Turo Inc., and Orix Corporation are the key players offering car sharing.

  2. VynZ Research Call: +91-996-028-8381 Toll-Free (U.S. and Canada): +1-888-253-3960 Email: enquiry@vynzresearch.com Web: https://www.vynzresearch.com Connect with Us:LinkedIn | Facebook | Twitter

More Related