Carsharing Programs: Carsharing Membership and Vehicle Fleets, Personal Vehicle Reduction, and Revenue from Carsharing Services: Global Market Analysis and Forecasts

LONDON, Sept. 24, 2015 /PRNewswire/ -- Carsharing has become a major global industry. As of 2014, carshare programs were being offered on five continents, in over 30 countries, and in hundreds of cities. These cities are at the forefront of the new model of multi-modal on-demand mobility, where citizens can take advantage of a multitude of clean transportation options that meet their needs. Carsharing is one of the industries that has thrived in this new mobility landscape, and it will see continued growth in its current markets as well as expansion into new markets.

Although the carshare service model has been well established over the past 15 years, there have been some significant innovations in the market recently. The success of one-way carsharing services is prompting more companies to consider offering this service model. Such services can increase utilization since members can use one-way carsharing for shorter, spur of the moment trips. Automakers have entered this market with good results, building substantial membership levels in only a few years. Meanwhile, the adoption of plug-in electric vehicles (PEVs) in carsharing services is expected to increase as automakers promote this technology. According to Navigant Research, global carsharing services revenue is expected to grow from $1.1 billion in 2015 to $6.5 billion in 2024.

This Navigant Research report analyzes the global carsharing market in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The study examines the key societal benefits of vehicle sharing and the state of ownership and service models. Global market forecasts for carsharing memberships, vehicle demand (including PEVs) due to carsharing, reduced personal vehicle acquisition, and revenue from carsharing services by region extend through 2024. The report also provides profiles of carshare companies, automakers, and rideshare companies and considers the effect that trends such as automaker entry into the market and the advent of ride-hailing apps will have on the carsharing industry.

Key Questions Addressed:
What is the current state of the global carsharing market?
What are the primary carsharing ownership and business models?
How is the carsharing market faring in developing world regions versus the developed world?
What role are automakers and car rental agencies playing in the market?
Who are the top players in the carsharing market?
How large is the global carsharing market opportunity by region?
What is the projected vehicle demand from the carsharing market?

Who needs this report?
Carsharing companies
Automakers
Car rental companies
Electric vehicle (EV) charging providers
Mobile app developers
Municipal governments and other government agencies
Urban planners
Investor community
Download the full report: https://www.reportbuyer.com/product/3287448/

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