Car Sharing Market By Vehicle Type, By Application, By Model, By Area : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Car Sharing Market," The car sharing market was valued at $2.9 billion in 2022, and is estimated to reach $17.8 billion by 2032, growing at a CAGR of 20.2% from 2023 to 2032.

Intercity and intracity car sharing services play a vital role in addressing the diverse transportation needs of individuals living in urban areas. Intercity car sharing enables seamless and cost-effective travel between cities, reducing the reliance on traditional rental services and promoting sustainable mobility. On the other hand, intracity car sharing offers a practical alternative to car ownership within urban environments, alleviating parking challenges and contributing to reduced congestion and emissions. Both types of cars sharing services provide users with the flexibility and freedom to access vehicles as needed, promoting efficient and sustainable urban mobility.

The organizations in the car sharing business uses models to give services to the customers. There are three models used by the car sharing business which are free float, peer to peer, and stationary model. The free float model of car sharing allows users to locate and access available vehicles within a defined service area, providing flexibility in pick-up and drop-off locations. One prominent example of the free float model is offered by car sharing companies like car2go, which enables users to locate and unlock nearby vehicles using a mobile app, facilitating spontaneous and one-way trips without the need for pre-booking or designated return locations. The peer-to-peer model of car sharing involves individuals renting out their privately-owned vehicles to other users through a dedicated platform. This model promotes resource sharing and allows vehicle owners to earn income from their underutilized cars. For instance, Turo operates as a peer-to-peer car sharing platform, connecting vehicle owners with individuals seeking short-term rentals, thereby expanding the availability of rental vehicles beyond traditional fleet-based services. Whereas, in the stationary model, car sharing services maintain designated parking locations where users can pick up and return vehicles. This model offers a structured approach to vehicle access and is often integrated with public transportation hubs to facilitate seamless multimodal journeys. Zipcar is a prominent example of a car sharing service that operates based on the stationary model, providing members with access to vehicles parked at designated locations for round-trip rentals. These diverse car sharing models cater to different user preferences and urban mobility needs, offering convenient and sustainable transportation solutions while promoting efficient resource utilization and reducing the environmental impact of individual car ownership.

The car sharing market is segmented into vehicle type, application, model, area, and region. By vehicle type, the market is classified into economy cars, mid- range car, and executive car. By application, the market is bifurcated into private and business. By model, the market is classified into free float and stationary, and peer to peer. By area, the market is classified into intercity and intracity. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players in the car sharing market include: Getaround, Inc., Enterprise Holdings Inc., Avis Budget Group, Inc, sixt se, Stellantis NV, Turo Inc., ekar Car Rental LLC, Goldbell Engineering Pte. Ltd., Hertz Global Holdings, Inc., Cambio Mobility Service GmbH & Co. KG.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the car sharing market analysis from 2022 to 2032 to identify the prevailing car sharing market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the car sharing market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global car sharing market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

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New Product Development/ Product Matrix of Key Players

Key Market Segments

By Area

Intercity
Intracity

By Vehicle Type

Economy cars
Mid-Range cars
Executive cars

By Application

Private
Business

By Model

Free float
Stationary
Peer to Peer

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- Singapore
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

Enterprise Holdings Inc.
Avis Budget Group, Inc
Stellantis NV
Hertz Global Holdings, Inc.
Cambio Mobility Service GmbH & Co. KG
Getaround, Inc.
SIXT
Ekar Car Rental LLC
Turo Inc.
Goldbell Engineering Pte. Ltd.

Product Code: A07125

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Cost saving from car ownership
  - 3.4.1.2. Partnership and collaboration with public transportation providers
- 3.4.2. Restraints
  - 3.4.2.1. Insurance challenges
  - 3.4.2.2. Inadequate infrastructure development
- 3.4.3. Opportunities
  - 3.4.3.1. Electric & Sustainable vehicles
  - 3.4.3.2. Last mile solutions

CHAPTER 4: CAR SHARING MARKET, BY VEHICLE TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Economy cars
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Mid-Range cars
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Executive cars
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: CAR SHARING MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Private
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Business
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: CAR SHARING MARKET, BY MODEL

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Free float
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Stationary
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Peer to Peer
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: CAR SHARING MARKET, BY AREA

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Intercity
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Intracity
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country

CHAPTER 8: CAR SHARING MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Vehicle Type
- 8.2.3. Market size and forecast, by Application
- 8.2.4. Market size and forecast, by Model
- 8.2.5. Market size and forecast, by Area
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Market size and forecast, by Vehicle Type
  - 8.2.6.1.2. Market size and forecast, by Application
  - 8.2.6.1.3. Market size and forecast, by Model
  - 8.2.6.1.4. Market size and forecast, by Area
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Market size and forecast, by Vehicle Type
  - 8.2.6.2.2. Market size and forecast, by Application
  - 8.2.6.2.3. Market size and forecast, by Model
  - 8.2.6.2.4. Market size and forecast, by Area
  - 8.2.6.3. Mexico
  - 8.2.6.3.1. Market size and forecast, by Vehicle Type
  - 8.2.6.3.2. Market size and forecast, by Application
  - 8.2.6.3.3. Market size and forecast, by Model
  - 8.2.6.3.4. Market size and forecast, by Area
8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Vehicle Type
- 8.3.3. Market size and forecast, by Application
- 8.3.4. Market size and forecast, by Model
- 8.3.5. Market size and forecast, by Area
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. Germany
  - 8.3.6.1.1. Market size and forecast, by Vehicle Type
  - 8.3.6.1.2. Market size and forecast, by Application
  - 8.3.6.1.3. Market size and forecast, by Model
  - 8.3.6.1.4. Market size and forecast, by Area
  - 8.3.6.2. France
  - 8.3.6.2.1. Market size and forecast, by Vehicle Type
  - 8.3.6.2.2. Market size and forecast, by Application
  - 8.3.6.2.3. Market size and forecast, by Model
  - 8.3.6.2.4. Market size and forecast, by Area
  - 8.3.6.3. Italy
  - 8.3.6.3.1. Market size and forecast, by Vehicle Type
  - 8.3.6.3.2. Market size and forecast, by Application
  - 8.3.6.3.3. Market size and forecast, by Model
  - 8.3.6.3.4. Market size and forecast, by Area
  - 8.3.6.4. UK
  - 8.3.6.4.1. Market size and forecast, by Vehicle Type
  - 8.3.6.4.2. Market size and forecast, by Application
  - 8.3.6.4.3. Market size and forecast, by Model
  - 8.3.6.4.4. Market size and forecast, by Area
  - 8.3.6.5. Rest of Europe
  - 8.3.6.5.1. Market size and forecast, by Vehicle Type
  - 8.3.6.5.2. Market size and forecast, by Application
  - 8.3.6.5.3. Market size and forecast, by Model
  - 8.3.6.5.4. Market size and forecast, by Area
8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Vehicle Type
- 8.4.3. Market size and forecast, by Application
- 8.4.4. Market size and forecast, by Model
- 8.4.5. Market size and forecast, by Area
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Market size and forecast, by Vehicle Type
  - 8.4.6.1.2. Market size and forecast, by Application
  - 8.4.6.1.3. Market size and forecast, by Model
  - 8.4.6.1.4. Market size and forecast, by Area
  - 8.4.6.2. Japan
  - 8.4.6.2.1. Market size and forecast, by Vehicle Type
  - 8.4.6.2.2. Market size and forecast, by Application
  - 8.4.6.2.3. Market size and forecast, by Model
  - 8.4.6.2.4. Market size and forecast, by Area
  - 8.4.6.3. South Korea
  - 8.4.6.3.1. Market size and forecast, by Vehicle Type
  - 8.4.6.3.2. Market size and forecast, by Application
  - 8.4.6.3.3. Market size and forecast, by Model
  - 8.4.6.3.4. Market size and forecast, by Area
  - 8.4.6.4. Singapore
  - 8.4.6.4.1. Market size and forecast, by Vehicle Type
  - 8.4.6.4.2. Market size and forecast, by Application
  - 8.4.6.4.3. Market size and forecast, by Model
  - 8.4.6.4.4. Market size and forecast, by Area
  - 8.4.6.5. Rest of Asia-Pacific
  - 8.4.6.5.1. Market size and forecast, by Vehicle Type
  - 8.4.6.5.2. Market size and forecast, by Application
  - 8.4.6.5.3. Market size and forecast, by Model
  - 8.4.6.5.4. Market size and forecast, by Area
8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Vehicle Type
- 8.5.3. Market size and forecast, by Application
- 8.5.4. Market size and forecast, by Model
- 8.5.5. Market size and forecast, by Area
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Latin America
  - 8.5.6.1.1. Market size and forecast, by Vehicle Type
  - 8.5.6.1.2. Market size and forecast, by Application
  - 8.5.6.1.3. Market size and forecast, by Model
  - 8.5.6.1.4. Market size and forecast, by Area
  - 8.5.6.2. Middle East
  - 8.5.6.2.1. Market size and forecast, by Vehicle Type
  - 8.5.6.2.2. Market size and forecast, by Application
  - 8.5.6.2.3. Market size and forecast, by Model
  - 8.5.6.2.4. Market size and forecast, by Area
  - 8.5.6.3. Africa
  - 8.5.6.3.1. Market size and forecast, by Vehicle Type
  - 8.5.6.3.2. Market size and forecast, by Application
  - 8.5.6.3.3. Market size and forecast, by Model
  - 8.5.6.3.4. Market size and forecast, by Area

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022

CHAPTER 10: COMPANY PROFILES

10.1. Getaround, Inc.
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
10.2. Enterprise Holdings Inc.
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Key strategic moves and developments
10.3. Avis Budget Group, Inc
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
10.4. Hertz Global Holdings, Inc.
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.4.7. Key strategic moves and developments
10.5. SIXT
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
10.6. Stellantis NV
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
10.7. Cambio Mobility Service GmbH & Co. KG
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
10.8. Turo Inc.
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Key strategic moves and developments
10.9. Ekar Car Rental LLC
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Key strategic moves and developments
10.10. Goldbell Engineering Pte. Ltd.
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio