PUBLISHER: TechSci Research | PRODUCT CODE: 1110851
PUBLISHER: TechSci Research | PRODUCT CODE: 1110851
Global Car Subscription Market, By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Company, By Region, Forecast & Opportunities, 2027
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The global car subscription market is expected to witness growth at a signficant CAGR during the forecast period, 2023-2027. The market growth can be attributed to rising popularity of vehicle subscription services, due to its cost-effectiveness and easier accessibility. Besides, car subscription service providers offer flexibility and convenience, which attracts diverse consumer base. Moreover, emergence of increasing number of premium OEMs is expected to fuel the market growth in the coming years. Rapid digitization of the automotive industry and increasing availability of high-speed internet are anticipated to boost the market growth.
The global car subscription market is segmented into the service provider, subscription type, subscription period, end use, propulsion type, regional distribution, and competitive landscape. Based on regional analysis, the Europe region is expected to hold the largest market share in the forecast period, 2023-2027. Presence of key players in the region, growing demand for car subscriptions and shared mobility services are accelerating the demand for the global car subscription in the region.
Major players operating in the global car subscription market are: Drover Limited, Fair Financial Corp., OpenRoad Auto Group, Facedrive Inc., DAIMLER AG, Toyota Motor Corporation, Volvo Car Corporation, Porsche Smart Monility, Inc, Hyundai Motor Company, Fresh Car, among others.
Objective of the Study:
- To analyze the historical growth in the market size of global car subscription market from 2017 to 2021.
- To estimate and forecast the market size of global car subscription market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast global car subscription market based on service provider, subscription period, subscription type, end use, propulsion type, region, and company.
- To identify dominant region or segment in the global car subscription market.
- To identify drivers and challenges for global car subscription market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global car subscription market.
- To identify and analyze the profile of leading players operating in global car subscription market.
- To identify key sustainable strategies adopted by market players in global car subscription market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global car subscription market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Car subscription service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to car subscription market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global car subscription market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Car Subscription Market, By Service Provider:
- OEM/Captives
- Mobility Provider
- Technology Companies
Global Car Subscription Market, By Subscription Period:
- 1 to 6 Months
- 6 to 12 Months
- More than 12 Months
Global Car Subscription Market, By Subscription Type:
- Single Brand (Single Brand Swap)
- Multi Brand
Global Car Subscription Market, By End Use:
- Private
- Corporate
Global Car Subscription Market, By Propulsion Type:
- ICE
- EV
Global Car Subscription Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe & CIS
- Germany
- France
- United Kingdom
- Spain
- Italy
- Russia
- Turkey
- Poland
- Slovakia
- Czech Republic
- Asia-Pacific
- India
- China
- Japan
- South Korea
- Australia
- Malaysia
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
- Qatar
- Kuwait
- South America
- Brazil
- Argentina
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global car subscription market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Car Subscription Market
5. Voice of Customer
6. Global Car subscription Market Overview
7. Global Car Subscription Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Service Provider (OEM/Captives, Mobility Provider, Technology Companies)
- 7.2.2. By Subscription Period (1 to 6 Months, 6 to 12 Months, and More than 12 Months)
- 7.2.3. By Subscription Type [Single Brand (Single Brand Swap), Multi Brand]
- 7.2.4. By End Use (Private, Corporate)
- 7.2.5. By Propulsion Type (ICE, EV)
- 7.2.6. By Region (North America; Europe & CIS; Asia Pacific; South America and Middle East & Africa)
- 7.2.7. By Company (2021)
- 7.3. Product Market Map (By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Region)
8. North America Car Subscription Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Service Provider
- 8.2.2. By Subscription Period
- 8.2.3. By Subscription Type
- 8.2.4. By End Use
- 8.2.5. By Propulsion Type
- 8.2.6. By Country (United States; Canada; Mexico)
- 8.3. Product Market Map (By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Country)
- 8.4. North America: Country Analysis
- 8.4.1. United States Car Subscription Market Outlook
- 8.4.1.1. Market Size & Forecast
- 8.4.1.1.1. By Value
- 8.4.1.2. Market Share & Forecast
- 8.4.1.2.1. By Service Provider
- 8.4.1.2.2. By Subscription Period
- 8.4.1.2.3. By Subscription Type
- 8.4.1.2.4. By End Use
- 8.4.1.2.5. By Propulsion Type
- 8.4.1.1. Market Size & Forecast
- 8.4.2. Canada Car Subscription Market Outlook
- 8.4.2.1. Market Size & Forecast
- 8.4.2.1.1. By Value
- 8.4.2.2. Market Share & Forecast
- 8.4.2.2.1. By Service Provider
- 8.4.2.2.2. By Subscription Period
- 8.4.2.2.3. By Subscription Type
- 8.4.2.2.4. By End Use
- 8.4.2.2.5. By Propulsion Type
- 8.4.2.1. Market Size & Forecast
- 8.4.3. Mexico Car Subscription Market Outlook
- 8.4.3.1. Market Size & Forecast
- 8.4.3.1.1. By Value
- 8.4.3.2. Market Share & Forecast
- 8.4.3.2.1. By Service Provider
- 8.4.3.2.2. By Subscription Period
- 8.4.3.2.3. By Subscription Type
- 8.4.3.2.4. By End Use
- 8.4.3.2.5. By Propulsion Type
- 8.4.3.1. Market Size & Forecast
- 8.4.1. United States Car Subscription Market Outlook
9. Asia Pacific Car Subscription Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Service Provider
- 9.2.2. By Subscription Period
- 9.2.3. By Subscription Type
- 9.2.4. By End Use
- 9.2.5. By Propulsion Type
- 9.2.6. By Country (China, India, Japan, South Korea, Australia, Malaysia and Rest of Asia Pacific)
- 9.3. Product Market Map (By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Country)
- 9.4. Asia Pacific: Country Analysis
- 9.4.1. China Car Subscription Market Outlook
- 9.4.1.1. Market Size & Forecast
- 9.4.1.1.1. By Value
- 9.4.1.2. Market Share & Forecast
- 9.4.1.2.1. By Service Provider
- 9.4.1.2.2. By Subscription Period
- 9.4.1.2.3. By Subscription Type
- 9.4.1.2.4. By End Use
- 9.4.1.2.5. By Propulsion Type
- 9.4.1.1. Market Size & Forecast
- 9.4.2. India Car Subscription Market Outlook
- 9.4.2.1. Market Size & Forecast
- 9.4.2.1.1. By Value
- 9.4.2.2. Market Share & Forecast
- 9.4.2.2.1. By Service Provider
- 9.4.2.2.2. By Subscription Period
- 9.4.2.2.3. By Subscription Type
- 9.4.2.2.4. By End Use
- 9.4.2.2.5. By Propulsion Type
- 9.4.2.1. Market Size & Forecast
- 9.4.3. Japan Car Subscription Market Outlook
- 9.4.3.1. Market Size & Forecast
- 9.4.3.1.1. By Value
- 9.4.3.2. Market Share & Forecast
- 9.4.3.2.1. By Service Provider
- 9.4.3.2.2. By Subscription Period
- 9.4.3.2.3. By Subscription Type
- 9.4.3.2.4. By End Use
- 9.4.3.2.5. By Propulsion Type
- 9.4.3.1. Market Size & Forecast
- 9.4.4. South Korea Car Subscription Market Outlook
- 9.4.4.1. Market Size & Forecast
- 9.4.4.1.1. By Value
- 9.4.4.2. Market Share & Forecast
- 9.4.4.2.1. By Service Provider
- 9.4.4.2.2. By Subscription Period
- 9.4.4.2.3. By Subscription Type
- 9.4.4.2.4. By End Use
- 9.4.4.2.5. By Propulsion Type
- 9.4.4.1. Market Size & Forecast
- 9.4.5. Australia Car Subscription Market Outlook
- 9.4.5.1. Market Size & Forecast
- 9.4.5.1.1. By Value
- 9.4.5.2. Market Share & Forecast
- 9.4.5.2.1. By Service Provider
- 9.4.5.2.2. By Subscription Period
- 9.4.5.2.3. By Subscription Type
- 9.4.5.2.4. By End Use
- 9.4.5.2.5. By Propulsion Type
- 9.4.5.1. Market Size & Forecast
- 9.4.6. Malaysia Car Subscription Market Outlook
- 9.4.6.1. Market Size & Forecast
- 9.4.6.1.1. By Value
- 9.4.6.2. Market Share & Forecast
- 9.4.6.2.1. By Service Provider
- 9.4.6.2.2. By Subscription Period
- 9.4.6.2.3. By Subscription Type
- 9.4.6.2.4. By End Use
- 9.4.6.2.5. By Propulsion Type
- 9.4.6.1. Market Size & Forecast
- 9.4.1. China Car Subscription Market Outlook
10. Europe & CIS Car Subscription Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Service Provider
- 10.2.2. By Subscription Period
- 10.2.3. By Subscription Type
- 10.2.4. By End Use
- 10.2.5. By Propulsion Type
- 10.2.6. By Country (Germany, France, United Kingdom, Spain, Italy, Russia, Turkey, Poland, Slovakia, Czech Republic and Rest of Europe)
- 10.3. Product Market Map (By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Country)
- 10.4. Europe: Country Analysis
- 10.4.1. Germany Car Subscription Market Outlook
- 10.4.1.1. Market Size & Forecast
- 10.4.1.1.1. By Value
- 10.4.1.2. Market Share & Forecast
- 10.4.1.2.1. By Service Provider
- 10.4.1.2.2. By Subscription Period
- 10.4.1.2.3. By Subscription Type
- 10.4.1.2.4. By End Use
- 10.4.1.2.5. By Propulsion Type
- 10.4.1.1. Market Size & Forecast
- 10.4.2. France Car Subscription Market Outlook
- 10.4.2.1. Market Size & Forecast
- 10.4.2.1.1. By Value
- 10.4.2.2. Market Share & Forecast
- 10.4.2.2.1. By Service Provider
- 10.4.2.2.2. By Subscription Period
- 10.4.2.2.3. By Subscription Type
- 10.4.2.2.4. By End Use
- 10.4.2.2.5. By Propulsion Type
- 10.4.2.1. Market Size & Forecast
- 10.4.3. United Kingdom Car Subscription Market Outlook
- 10.4.3.1. Market Size & Forecast
- 10.4.3.1.1. By Value
- 10.4.3.2. Market Share & Forecast
- 10.4.3.2.1. By Service Provider
- 10.4.3.2.2. By Subscription Period
- 10.4.3.2.3. By Subscription Type
- 10.4.3.2.4. By End Use
- 10.4.3.2.5. By Propulsion Type
- 10.4.3.1. Market Size & Forecast
- 10.4.4. Spain Car Subscription Market Outlook
- 10.4.4.1. Market Size & Forecast
- 10.4.4.1.1. By Value
- 10.4.4.2. Market Share & Forecast
- 10.4.4.2.1. By Service Provider
- 10.4.4.2.2. By Subscription Period
- 10.4.4.2.3. By Subscription Type
- 10.4.4.2.4. By End Use
- 10.4.4.2.5. By Propulsion Type
- 10.4.4.1. Market Size & Forecast
- 10.4.5. Italy Car Subscription Market Outlook
- 10.4.5.1. Market Size & Forecast
- 10.4.5.1.1. By Value
- 10.4.5.2. Market Share & Forecast
- 10.4.5.2.1. By Service Provider
- 10.4.5.2.2. By Subscription Period
- 10.4.5.2.3. By Subscription Type
- 10.4.5.2.4. By End Use
- 10.4.5.2.5. By Propulsion Type
- 10.4.5.1. Market Size & Forecast
- 10.4.6. Russia Car Subscription Market Outlook
- 10.4.6.1. Market Size & Forecast
- 10.4.6.1.1. By Value
- 10.4.6.2. Market Share & Forecast
- 10.4.6.2.1. By Service Provider
- 10.4.6.2.2. By Subscription Period
- 10.4.6.2.3. By Subscription Type
- 10.4.6.2.4. By End Use
- 10.4.6.2.5. By Propulsion Type
- 10.4.6.1. Market Size & Forecast
- 10.4.7. Turkey Car Subscription Market Outlook
- 10.4.7.1. Market Size & Forecast
- 10.4.7.1.1. By Value
- 10.4.7.2. Market Share & Forecast
- 10.4.7.2.1. By Service Provider
- 10.4.7.2.2. By Subscription Period
- 10.4.7.2.3. By Subscription Type
- 10.4.7.2.4. By End Use
- 10.4.7.2.5. By Propulsion Type
- 10.4.7.1. Market Size & Forecast
- 10.4.8. Poland Car Subscription Market Outlook
- 10.4.8.1. Market Size & Forecast
- 10.4.8.1.1. By Value
- 10.4.8.2. Market Share & Forecast
- 10.4.8.2.1. By Service Provider
- 10.4.8.2.2. By Subscription Period
- 10.4.8.2.3. By Subscription Type
- 10.4.8.2.4. By End Use
- 10.4.8.2.5. By Propulsion Type
- 10.4.8.1. Market Size & Forecast
- 10.4.9. Slovakia Car Subscription Market Outlook
- 10.4.9.1. Market Size & Forecast
- 10.4.9.1.1. By Value
- 10.4.9.2. Market Share & Forecast
- 10.4.9.2.1. By Service Provider
- 10.4.9.2.2. By Subscription Period
- 10.4.9.2.3. By Subscription Type
- 10.4.9.2.4. By End Use
- 10.4.9.2.5. By Propulsion Type
- 10.4.9.1. Market Size & Forecast
- 10.4.10. Czech Republic Car Subscription Market Outlook
- 10.4.10.1. Market Size & Forecast
- 10.4.10.1.1. By Value
- 10.4.10.2. Market Share & Forecast
- 10.4.10.2.1. By Service Provider
- 10.4.10.2.2. By Subscription Period
- 10.4.10.2.3. By Subscription Type
- 10.4.10.2.4. By End Use
- 10.4.10.2.5. By Propulsion Type
- 10.4.10.1. Market Size & Forecast
- 10.4.1. Germany Car Subscription Market Outlook
11. South America Car Subscription Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value
- 11.2. Market Share & Forecast
- 11.2.1. By Service Provider
- 11.2.2. By Subscription Period
- 11.2.3. By Subscription Type
- 11.2.4. By End Use
- 11.2.5. By Propulsion Type
- 11.2.6. By Country (Brazil, Argentina and Rest of South America)
- 11.3. Product Market Map (By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Country)
- 11.4. South America: Country Analysis
- 11.4.1. Brazil Car Subscription Market Outlook
- 11.4.1.1. Market Size & Forecast
- 11.4.1.1.1. By Value
- 11.4.1.2. Market Share & Forecast
- 11.4.1.2.1. By Service Provider
- 11.4.1.2.2. By Subscription Period
- 11.4.1.2.3. By Subscription Type
- 11.4.1.2.4. By End Use
- 11.4.1.2.5. By Propulsion Type
- 11.4.1.1. Market Size & Forecast
- 11.4.2. Argentina Car Subscription Market Outlook
- 11.4.2.1. Market Size & Forecast
- 11.4.2.1.1. By Value
- 11.4.2.2. Market Share & Forecast
- 11.4.2.2.1. By Service Provider
- 11.4.2.2.2. By Subscription Period
- 11.4.2.2.3. By Subscription Type
- 11.4.2.2.4. By End Use
- 11.4.2.2.5. By Propulsion Type
- 11.4.2.1. Market Size & Forecast
- 11.4.1. Brazil Car Subscription Market Outlook
12. Middle East and Africa Car Subscription Market Outlook
- 12.1. Market Size & Forecast
- 12.1.1. By Value
- 12.2. Market Share & Forecast
- 12.2.1. By Service Provider
- 12.2.2. By Subscription Period
- 12.2.3. By Subscription Type
- 12.2.4. By End Use
- 12.2.5. By Propulsion Type
- 12.2.6. By Country (South Africa, UAE, Saudi Arabia, Qatar, Kuwait and Rest of Middle East and Africa)
- 12.3. Product Market Map (By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Country)
- 12.4. Middle East and Africa: Country Analysis
- 12.4.1. South Africa Car Subscription Market Outlook
- 12.4.1.1. Market Size & Forecast
- 12.4.1.1.1. By Value
- 12.4.1.2. Market Share & Forecast
- 12.4.1.2.1. By Service Provider
- 12.4.1.2.2. By Subscription Period
- 12.4.1.2.3. By Subscription Type
- 12.4.1.2.4. By End Use
- 12.4.1.2.5. By Propulsion Type
- 12.4.1.1. Market Size & Forecast
- 12.4.2. UAE Car Subscription Market Outlook
- 12.4.2.1. Market Size & Forecast
- 12.4.2.1.1. By Value
- 12.4.2.2. Market Share & Forecast
- 12.4.2.2.1. By Service Provider
- 12.4.2.2.2. By Subscription Period
- 12.4.2.2.3. By Subscription Type
- 12.4.2.2.4. By End Use
- 12.4.2.2.5. By Propulsion Type
- 12.4.2.1. Market Size & Forecast
- 12.4.3. Saudi Arabia Car Subscription Market Outlook
- 12.4.3.1. Market Size & Forecast
- 12.4.3.1.1. By Value
- 12.4.3.2. Market Share & Forecast
- 12.4.3.2.1. By Service Provider
- 12.4.3.2.2. By Subscription Period
- 12.4.3.2.3. By Subscription Type
- 12.4.3.2.4. By End Use
- 12.4.3.2.5. By Propulsion Type
- 12.4.3.1. Market Size & Forecast
- 12.4.4. Qatar Car Subscription Market Outlook
- 12.4.4.1. Market Size & Forecast
- 12.4.4.1.1. By Value
- 12.4.4.2. Market Share & Forecast
- 12.4.4.2.1. By Service Provider
- 12.4.4.2.2. By Subscription Period
- 12.4.4.2.3. By Subscription Type
- 12.4.4.2.4. By End Use
- 12.4.4.2.5. By Propulsion Type
- 12.4.4.1. Market Size & Forecast
- 12.4.5. Kuwait Car Subscription Market Outlook
- 12.4.5.1. Market Size & Forecast
- 12.4.5.1.1. By Value
- 12.4.5.2. Market Share & Forecast
- 12.4.5.2.1. By Service Provider
- 12.4.5.2.2. By Subscription Period
- 12.4.5.2.3. By Subscription Type
- 12.4.5.2.4. By End Use
- 12.4.5.2.5. By Propulsion Type
- 12.4.5.1. Market Size & Forecast
- 12.4.1. South Africa Car Subscription Market Outlook
13. Market Dynamics
- 13.1. Drivers
- 13.2. Challenges
14. Market Trends & Developments
15. Competitive Landscape
- 15.1. Competition Outlook
- 15.2. Company Profiles (Partial List of Leading Companies)
- 15.2.1. Drover Limited
- 15.2.2. Fair Financial Corp.
- 15.2.3. OpenRoad Auto Group
- 15.2.4. Facedrive Inc.
- 15.2.5. DAIMLER AG
- 15.2.6. Toyota Motor Corporation
- 15.2.7. Volvo Car Corporation
- 15.2.8. Porsche Smart Monility, Inc.
- 15.2.9. Hyundai Motor Company
- 15.2.10. Fresh Car
16. Strategic Recommendations
