Car Sharing Market Analysis on Current Trends and Growth

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2022
Carsharing Market Opportunities, Growth,
Challenges, Business Trends and Forecast and Key
Players
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Carsharing is used by huge numbers of people in
major urban areas. Many customers find it
difficult to own a car, so they use car-sharing
services to save money, create good use of the
cars, and enjoy more perks. By 2050, the UN
estimates that there will be at least 2.5 billion
additional people living in cities throughout the
world. Carsharing has several uses, but many
people are still unaware of this despite its
rising popularity. The general public is aware of
how traditional carsharing operates a person
uses their vehicle to travel from point A to
point B. In addition, car sharing is a form of
car rental service that enables customers to rent
vehicles parked at a variety of convenient places
across the city for a certain period and only pay
for the time they use the vehicle. Carsharing
services operate entirely online, and every
transaction from signing up to making a
reservation to paying takes place through a
mobile app. Today, 5 billion people utilize the
internet worldwide, which is comparable to about
64 of the worlds population. The number of
internet users also continues to rise, with the
most recent data showing that the number of
people connected worldwide increased by around
202 million in the year leading up to April 2022.
Therefore, the global carsharing market is
expected to grow at a significant rate in the
coming years.
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In the coming years, carsharing service
providers, such as cambio Mobilitätsservice GmbH
Co. KG, Ekar FZ LLC, Mobility Cooperative,
Zipcar Inc., Car2Go Ltd., CarShare Australia Pty.
Ltd., ORIX Auto Corporation, Hertz Global
Holdings Inc., Getaround Inc., Turo Inc., Lyft
Inc., DriveNow GmbH Co. KG, Peg City Car Co-op
Ltd., Modo Cooperative, Communauto Inc., Locomute
(Pty.) Ltd., HOURCAR, and Cityhop Ltd., will be
highly inclined toward a peer-to-peer (P2P)
business model to offer improved services to
customers worldwide. Additionally, these service
providers are also opting for one-way and
round-trip business models. Request to Get the
Sample Report https//www.psmarketresearch.com/ma
rket-analysis/car-sharing-market/report-sample Gl
obally, the Asia-Pacific (APAC) region led the
carsharing market in the recent past, wherein
China was the dominant user of such shared
mobility services. The dominance of China can be
attributed to the massive support being offered
by the government for carsharing platforms, in
terms of policies and incentives, and largescale
incorporation of EVs in shared mobility fleets in
the country. For instance, Beijing Shouqi Group,
a state-owned carsharing service provider, offers
its services in Xiamen, Beijing, Shanghai, and
Qingdao through its Gofun Chuxing
app. Furthermore, to reduce the negative effects
of pollution on the environment, carsharing
services have been seen as an efficient remedy.
The quantity of carbon dioxide released into the
atmosphere would be reduced through increased
usage of carsharing services, which would help
decrease the number of private automobiles on the
road.
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• Market Segmentation by Car
• Economy
• Executive
• Luxury
• Market Segmentation by Fuel Type
• Electric
• Fuel-Based
• Market Segmentation by Business Model
• Peer-to-Peer (P2P)
• Round-Trip
• One-Way
• Market Segmentation by Application
• Business
• Private

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• Market Segmentation by Geography
• North America Carsharing Market
• U.S., Mexico, and Canada
• Europe Carsharing Market
• Germany, U.K., France, Italy, Spain, Netherlands,
  and Rest of Europe
• Asia-Pacific (APAC) Carsharing Market
• China, Japan, India, Australia, and Rest of APAC
• Rest of the World (RoW) Carsharing Market
• U.A.E., Brazil, and Others

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This study covers 1. Historical and the present
size of the Carsharing Market 2. Historical and
the present size of the market segments and
understand their comparative future
potential 3. Potential of on-demand logistics
services, so the market players make informed
decisions on the sales of their
offerings 4. Competitive scenario of various
market segments across key countries in several
regions for uncovering market opportunities for
the stakeholders 5. Major players operating in
the market and their service offerings
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