Car-Sharing Market, Global Outlook and Forecast 2023-2032
The global Car-Sharing market was valued at US$ 3016.9 million in 2022 and is projected to reach US$ 8877.6 million by 2029, at a CAGR of 16.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Car-Sharing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Car-Sharing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Car-Sharing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Car-sharing is a membership-based, self-service system that contains a network of stations and vehicles, which is an alternative to traditional car ownership for individuals and companies. In this system, vehicles are owned by a separate firm or an organization or individuals, and are shared by users for short periods of time. Over the past three decades, car-sharing has grown from a basic service provided by popular organizations to a widely recognized Urban Transport industry. It is also quickly developing into a globalized industry providing transportation, land use, environmental, and social benefits.
This report aims to provide a comprehensive presentation of the global market for Car-Sharing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Car-Sharing. This report contains market size and forecasts of Car-Sharing in global, including the following market information:
- Global Car-Sharing Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The use of advanced technologies is creating lucrative opportunities for the car sharing market growth. Industries are actively integrating technologically-advanced systems such as vehicle access and reservation systems into their vehicles to gain prominence in the carsharing market. The vehicle access system enables keyless entry whereas the reservation system allows the users to freeze their vehicles as per their time of need. For instance, Zipcar uses a zipcard as a vehicle access technique to unlock the doors of their vehicles and Enterprise CarShare uses a mobile app for reservation system to provide a selection of cars and the duration of usage for the customers. The adoption of such technologies will fuel the car sharing market growth. The absence of proper transportation infrastructure is posing a great challenge to the car sharing market. Poor road conditions in India, Turkey, and Africa are limiting the adoption of the car sharing model. Growing traffic congestion due to lack of road infrastructure is discouraging the users to opt for cars as a mode of transport. Moreover, limited parking on the street or in public garages is restraining the adoption of station-based car sharing platform.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Car-Sharing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Car-Sharing Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Car-Sharing Market Segment Percentages, by Type, 2022 (%)
- P2P
- Station-Based
- Free-Floating
Global Car-Sharing Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Car-Sharing Market Segment Percentages, by Application, 2022 (%)
Global Car-Sharing Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Car-Sharing Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Car-Sharing revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Car-Sharing revenues share in global market, 2022 (%)
key players include:
- Car2Go
- Communauto
- Enterprise CarShare
- Liftshare.com
- Zipcar
- City Hop
- E-Car
- eHi
- GoGet Car Share
- Mobility CarSharing
- Modo - The Car Co-op
- Zoom
Outline of Major Chapters:
Chapter 1: Introduces the definition of Car-Sharing, market overview.
Chapter 2: Global Car-Sharing market size in revenue.
Chapter 3: Detailed analysis of Car-Sharing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Car-Sharing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
