Carsharing Market Analysis, Applications Share, Trends & Forecast, 2016 – 2024 - PowerPoint PPT Presentation

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Carsharing Market Analysis, Applications Share, Trends & Forecast, 2016 – 2024

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More Information @ The prominent applications of car sharing market are private and business. The private application segment will generate considerable revenue over the coming seven years. The attributing factor towards the industry growth is increasing demand for on-time availability and reliability. – PowerPoint PPT presentation

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Title: Carsharing Market Analysis, Applications Share, Trends & Forecast, 2016 – 2024


1
CarSharing Market share to grow 34.8 CAGR from
2016 to 2024 Global Market Insights Inc.
2
Industry Overview
  • Carsharing industry analysis is covered in this
    latest research report that aims to help those
    taking daily business decisions by providing
    market trends information, competitive landscape
    scenario, forecasts and more.
  • General Motors partnering with Uber in 2016, is
    an instance of industry giants collaborating to
    stimulate global car sharing market size.
    Shifting trends toward shared mobility coupled
    with heavy RD investments by core companies
    across the globe is also likely to propel car
    sharing market value over the coming seven years.
  • Rising adoption of smartphones and tablets helps
    consumers to book vehicles with the assistance of
    mobile based software in a very effective manner.
    This, in turn, will influence car sharing market
    share noticeably. Supportive initiatives from
    various worldwide organizations to promote
    mobility services is also predicted to drive car
    sharing industry size.
  • The prominent applications of car sharing market
    are private and business. The private application
    segment will generate considerable revenue over
    the coming seven years. The attributing factor
    towards the industry growth is increasing demand
    for on-time availability and reliability.
    Business applications will also be another
    lucrative segment over the years to come, owing
    to the growing preference for transportation
    across the various corporate sectors.

3
  • The one way and round trip are the two main
    business models of car sharing industry. One way
    trip business model will record considerable
    growth rate over the period of 2016 to 2024,
    primarily driven by its increasing requirement,
    owing to the flexibility offered by the one-way
    trip to the customer. Round trip business model
    proves to be highly cost-effective for long
    journeys, as to-and-fro charges depend on the
    distance travelled. Driven by this factor as well
    as other economic benefits, this model has
    witnessed high adoption, which will fuel round
    trip business model market over 2016-2024.
  • China car sharing industry will exhibit lucrative
    annual growth rate of 40 over the coming seven
    years. The growth can be attributed to its
    surging requirement across the private and
    commercial application. The emergence of various
    automotive companies across this region will
    generate eye-catching revenue in car sharing
    market over the coming years of 2016 to 2024. In
    addition, many of the automotive giants and
    vendors are investing heavily in the Chinese
    industry, which will favorably influence the
    regional growth.
  • U.S. car sharing market contributed majorly
    toward North America car sharing industry in 2015
    and is anticipated to record significant growth
    rate over the coming timeframe, owing to
    supportive initiatives from organizations such as
    the Department of Transportation.

4
  • Novel technological innovations and price
    reduction will be the growth tactics implemented
    by major market participants to achieve the top
    position in such a fragmented industry. The key
    participants operating in this market are Car2go,
    Autolib, Uber, DriveNow, Lyft, Hertz Corporation,
    Zipcar, RelayRides (Turo), Getaround, GoGet,
    WhipCar, Mobility Carsharing, and Zoomcar.
  • The increasing efforts taken by the various OEMs
    and car rental companies to expand their business
    space across the globe will also impact car
    sharing industry growth considerably over the
    coming seven years.

5
Germany CarSharing Market Size, By Application,
2013-2024 (USD Million)

6

Browse Full Market Research Report Of CarSharing
Market _at_ http//bit.ly/2sltImB Request for a
Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/7
19
7
Stay In Touch Website www.gminsights.com Soci
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