Market Overview:
The global car sharing market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 16% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Carsharing refers to a car rental service wherein individuals rent cars for a short time. It supports community transit, helps achieve environmental goals, decreases personal car ownership, reduces total distance traveled by the vehicle, improves urban land use and development, and provides affordable access to vehicles. At present, the rising need for cost-effective and convenient mobility services, in confluence with advancements in technology that facilitate simplified access to shared mobility platforms, is positively influencing the demand for carsharing.
There is a significant rise in the demand for carsharing services on account of the rising greenhouse emissions, growing environmental concerns and the increasing adoption of novel mobility solutions. As a result, governments of numerous countries are undertaking initiatives and conducting awareness campaigns to curb emissions and reduce the ownership of private vehicles. Consequently, carsharing services have emerged as an effective solution. Apart from this, the market growth can also be accredited to the expanding share of peer-to-peer (P2P) lending services, which allow private car owners to rent personal cars. Furthermore, various organizations are relying on corporate carsharing as it enables employees to stay punctual, reduces fleet management costs of the company and eliminates the requirement for large parking spaces. However, due to the sudden outbreak of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governments of several countries, the market has been adversely impacted. It is anticipated to witness growth once normalcy is regained.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global car sharing market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on car type, business model and application.
Breakup by Car Type:
- Economy
- Executive
- Luxury
- Others
Breakup by Business Model:
- P2P
- Station Based
- Free-Floating
Breakup by Application:
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Autolib (Bollore), Cambio Mobilitätsservice GmbH & Co. KG, Car2Go Ltd., CarShare Australia Pty. Ltd., Cityhop Ltd., Communauto Inc., DriveNow GmbH & Co. KG (BMW AG), Ekar FZ LLC, Getaround Inc., HOURCAR, Locomute (Pty.) Ltd., Lyft Inc., Mobility Cooperative, Modo Co-operative, Turo Inc. (ICA) and Zipcar Inc. (Avis Budget Group).
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Car Type, Business Model, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Autolib (Bollore), Cambio Mobilitätsservice GmbH & Co. KG, Car2Go Ltd., CarShare Australia Pty. Ltd., Cityhop Ltd., Communauto Inc., DriveNow GmbH & Co. KG (BMW AG), Ekar FZ LLC, Getaround Inc., HOURCAR, Locomute (Pty.) Ltd., Lyft Inc., Mobility Cooperative, Modo Co-operative, Turo Inc. (ICA) and Zipcar Inc. (Avis Budget Group) |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global car sharing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global car sharing market?
- What are the key regional markets?
- What is the breakup of the market based on the car type?
- What is the breakup of the market based on the business model?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global car sharing market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.1 Key Industry Trends
5 Global Car Sharing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Car Type
6.1 Economy
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Executive
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Luxury
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Business Model
7.1 P2P
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Station Based
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Free-Floating
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Business
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Private
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Autolib (Bollore)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cambio Mobilitätsservice GmbH & Co. KG
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Car2Go Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 CarShare Australia Pty. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Cityhop Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Communauto Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 DriveNow GmbH & Co. KG (BMW AG)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Ekar FZ LLC
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Getaround Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 HOURCAR
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Locomute (Pty.) Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Lyft Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Mobility Cooperative
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 Modo Co-operative
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.15 Turo Inc. (ICA)
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
14.3.16 Zipcar Inc. (Avis Budget Group)
14.3.16.1 Company Overview
14.3.16.2 Product Portfolio
List of Figures
Figure 1: Global: Car Sharing Market: Major Drivers and Challenges
Figure 2: Global: Car Sharing Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Car Sharing Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Car Sharing Market: Breakup by Car Type (in %), 2020
Figure 5: Global: Car Sharing Market: Breakup by Business Model (in %), 2020
Figure 6: Global: Car Sharing Market: Breakup by Application (in %), 2020
Figure 7: Global: Car Sharing Market: Breakup by Region (in %), 2020
Figure 8: Global: Car Sharing (Economy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Car Sharing (Economy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Car Sharing (Executive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Car Sharing (Executive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Car Sharing (Luxury) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Car Sharing (Luxury) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Car Sharing (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Car Sharing (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Car Sharing (P2P) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Car Sharing (P2P) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Car Sharing (Station Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Car Sharing (Station Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Car Sharing (Free-Floating) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Car Sharing (Free-Floating) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Car Sharing (Business) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Car Sharing (Business) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Car Sharing (Private) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Car Sharing (Private) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: United States: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: United States: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Canada: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Canada: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: North America: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Asia-Pacific: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: China: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: China: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Japan: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Japan: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: India: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: India: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: South Korea: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: South Korea: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Australia: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Australia: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Indonesia: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Indonesia: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Others: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Others: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Asia-Pacific: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Europe: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Germany: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Germany: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: France: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: France: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: United Kingdom: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: United Kingdom: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Italy: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Italy: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Spain: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Spain: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Russia: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Russia: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Others: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Others: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Europe: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Latin America: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Brazil: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Brazil: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Mexico: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Mexico: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Others: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Others: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Latin America: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Middle East and Africa: Car Sharing Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Middle East and Africa: Car Sharing Market: Breakup by Country (in %), 2020
Figure 74: Middle East and Africa: Car Sharing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Global: Car Sharing Industry: SWOT Analysis
Figure 76: Global: Car Sharing Industry: Value Chain Analysis
Figure 77: Global: Car Sharing Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Car Sharing Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Car Sharing Market Forecast: Breakup by Car Type (in Million US$), 2021-2026
Table 3: Global: Car Sharing Market Forecast: Breakup by Business Model (in Million US$), 2021-2026
Table 4: Global: Car Sharing Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Car Sharing Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Car Sharing Market: Competitive Structure
Table 7: Global: Car Sharing Market: Key Players