Carsharing Market Growth, Share and Trends Analysis - PowerPoint PPT Presentation

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Carsharing Market Growth, Share and Trends Analysis

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The total size of the peer-to-peer carsharing market will propel at a growth rate of about 22% in the years to come and will reach a value of over $7,225 million by 2030. The main factors responsible for the growth of the industry are the low cost and expediency of these kinds of mobility services, increasing concerns over GHG emissions, vehicle electrification, increasing acceptance of carsharing services in emerging economies, and deteriorating congestion of urban roads. – PowerPoint PPT presentation

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Title: Carsharing Market Growth, Share and Trends Analysis


1
Carsharing Market Will Produce USD 9,957 Million
Revenue by 2030
2
To meet environmental and community
transportation objectives, Carsharing is great
model. According to its goal, vision, and
principles, fewer people own personal cars, less
driving is done, urban land usage and development
are improved, and everyone has access to
automobiles at a reasonable price. PS
Intelligence, by 2030, it is expected that the
worldwide carsharing market would be worth USD
9,957 million. Moreover, the expansion of this
business on a worldwide scale has been
accelerated by technical advancement. This
service is built on the use of smartphone
applications, where consumers and service
providers connect to schedule rides and make
associated payments. The category of electric
vehicles is expected to develop at the fastest
CAGR. This is explained by the rising
environmental conservation and electrification of
vehicle programs. because they create less air
pollution and greenhouse gases than vehicles
powered by gasoline or diesel.
3
This covers the production of their materials and
the electricity needed to keep them running.
Additionally, it is anticipated that the market
acceptance of electric automobiles would expand
quickly due to their cheap maintenance
costs. Furthermore, since they don't have a
tailpipe, pure electric cars don't release any
carbon dioxide while they're moving. Air
pollution is greatly reduced as a result.
Additionally, one electric car on the road may
reduce CO2 emissions by an average of 1.5 million
grams. Compared to gasoline or diesel vehicles,
electric vehicles offer cheaper running expenses.
Charging an electric car is less expensive than
buying petrol or diesel for transportation
requirements due to the comparatively cheap cost
of energy. If charging is carried out using
renewable energy sources that are already
installed at home, the cost of power can be
further decreased. Owning a car demands a
significant financial commitment, which is made
up mostly of the price of the vehicle, gasoline,
parking, maintenance, and insurance. Carsharing
services enable consumers to borrow a car in this
situation without owning a car. To receive free
sample pages of this report_at_ https//www.psmarketr
esearch.com/market-analysis/car-sharing-market/rep
ort-sample
4
Along with a one-time registration fee, customers
can make payments based on the distance and time
they travel. Additionally, these service
companies take care of other charges like those
for parking, gasoline, maintenance, and
insurance. Additionally, carsharing services are
quite practical for the common public, especially
daily commuters, since they allow them to enjoy
driving to their destinations without having to
deal with the headaches of purchasing and
maintaining a vehicle. Moreover, they may
quickly use the service and reserve the vehicle
of their choice using the company's smartphone.
The app offers customers all the information and
help they need to ensure a comfortable
experience. Due to the rising consumer demand
for shared mobility services, rising disposable
income, and increasing government worries about
environmental pollutants in the region, the APAC
carsharing market has shown exponential expansion
in recent years and will hold a share of 46 in
2022. Rapid urbanization and industrialization
are also contributing significantly to the
market's expansion. Furthermore, countries with
high pollution levels include Taiwan and
India. Inquire before purchase_at_
https//www.psmarketresearch.com/send-enquiry?enqu
iry-urlcar-sharing-market
5
Disclaimer PS Intelligence always keeps its
customers interests at the core while carrying
out research activities. PS Intelligence ensures
the reliability and accuracy of information and
data provided in its market research
publications. However, the information in
publications is subject to fluctuations, as it is
based on primary interviews of officials from
various companies or organizations. PS
Intelligence is not responsible for any incorrect
data provided by the key industry players of the
concerned domain. the information or analysis in
PS Intelligence publications represents opinions
based on research and should not be interpreted
as statements of fact. Information in this report
was believed to be correct at the time of
publication, but cannot be guaranteed. PS
Intelligence does not endorse any product,
service, or vendor depicted in its research
publications. All intellectual properties,
including trademarks and copyrights, belong to
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copyright. Under no circumstance can these be
reproduced in any form without prior written
agreement of their owners. An order for market
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