“The Car Sharing market set to reach $2.4 bn in 2019” says new Visiongain report

24 January 2019
Automotive

Visiongain has launched a new automotive report Car Sharing Market Report 2019-2029: Forecasts by Model (Peer-to-Peer (P2P), Point-to-Point Free-Floating, Point-to-Point Station Based), by Business Model (Round Trip, One-Way), by Application (Business, Private), by Region Plus Analysis of Leading Companies Developing Technologies for Ride Sharing, Shared Mobility & On-Demand Mobility.

Several forms of carsharing currently exist; in some cases, a single carsharing operator delivers more than one type of carsharing service model. Understanding the distinctions between different types of carsharing services is important because there is great variability in the customer experience, typical use cases, and in the wider consequences. Definitions are similar to those used by the European Automobile Manufacturers Associations (ACEA).

The Visiongain report analyst commented "the car sharing market is expected to witness a high growth on account of increased current and emerging applications, increased technological advancement, rising government initiatives towards environmental goals. The current economy is radically changing, set off by the developments in the emerging markets, high speed of innovation, sustainability concerns and changing consumer mentality about vehicle ownership. Increasing automation, digitization and rise of new business models have transformed other industries, and the automotive industry will be no exception. These factors stimulate the growth of the disruptive trends like autonomous driving, connectivity, shared mobility and electrification."

The report provide global regional, national and submarket forecasts by model (Peer-To-Peer (P2P), Point-To-Point Free-Floating, Point-To-Point Station Based) by business model (Round Trip, One-Way) and by application (Business, Private).

Leading companies featured in the report who are leaders in Car Sharing technology include DriveNow GmbH & Co. KG, ORIX Corporation, Lyft, Inc., Zipcar, Inc, Modo Co-operative, Getaround, Inc, The Hertz Corporation, Cambio CarSharing, car2go NA, LLC, GoGet Carshare, Uber Technologies, Inc. and Cityhop

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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