According to the research report, the global shared vehicles market size is expected to touch USD 511.47 Billion by 2032, from USD 130 Billion in 2022, growing with a significant CAGR of 14.68% from 2023 to 2032.
Key Takeaways:
- Asia Pacific region contributed more than 35% of revenue share in 2022.
- In the Middle East and Africa region is expected to expand at a CAGR of 18.5% from 2023 to 2032.
- By Data Type, the car sharing segment captured around 55.8% of revenue share in 2022.
- By Data Type, the bike sharing segment is predicted to grow at a CAGR of 20.3% between 2023 and 2032.
- By Vehicles Type, the cars segment captured around 83.8% of revenue share in 2022.
- By Vehicles Type, the two-wheelers segment is expected to record a CAGR of 20.2% from 2023 to 2032.
The shared vehicles report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global shared vehicles in conjunction with the geographical landscape of this vertical have also been included in this report.
The report offers intricate dynamics about different aspects of the global shared vehicles market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global shared vehicles during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
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This study covers a detailed segmentation of the global shared vehicles market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global shared vehicles market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
Key Players
- Daimler AG
- SIXT SE
- Avis Budget Group Inc.
- Lyft, Inc.
- Hertz Global Holdings, Inc.
- Europcar Mobility Group SA
- Avis Budget Group Inc.
Market Segmentation
By Data Type
- Ride Hailing
- Bike Sharing
- Ride Sharing
- Car Sharing
- Others
By Vehicles Type
- Cars
- Two-Wheelers
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology
The research methodology adopted by analysts for compiling the global shared vehicles report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global shared vehicles market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Shared Vehicles Market
5.1. COVID-19 Landscape: Shared Vehicles Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Shared Vehicles Market, By Data Type
8.1. Shared Vehicles Market, by Data Type, 2023-2032
8.1.1. Ride Hailing
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Bike Sharing
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Ride Sharing
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Car Sharing
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Shared Vehicles Market, By Vehicles Type
9.1. Shared Vehicles Market, by Vehicles Type, 2023-2032
9.1.1. Cars
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Two-Wheelers
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Others
Chapter 10. Global Shared Vehicles Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.1.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.1.3.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.1.4.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.2.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.2.3.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.2.4.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.2.5.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.2.6.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.3.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.3.3.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.3.4.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.3.5.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.3.6.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.4.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.4.3.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.4.4.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.4.5.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.4.6.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.5.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.5.3.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Data Type (2020-2032)
10.5.4.2. Market Revenue and Forecast, by Vehicles Type (2020-2032)
Chapter 11. Company Profiles
11.1. Daimler AG
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. SIXT SE
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Avis Budget Group Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Lyft, Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Hertz Global Holdings, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Europcar Mobility Group SA
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Avis Budget Group Inc.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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