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Vehicle Subscription Market Size to Attain USD 31.73 Billion By 2032

 The vehicle subscription market size is poised to grow by $ 31.73 billion by 2032 from $ 4.1 Billion in 2022, exhibiting a CAGR of 22.8% during the forecast period 2022 to 2030. 

Vehicle Subscription Market Size 2020 to 2030

 

The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.

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COVID-19 Impact

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Major companies operating in this are Clutch Technologies, LLC, CarNext, FlexDrive, Cluno GmbH, DriveMyCar Rentals Pty Ltd, BMW AG, Daimler AG, General Motors, Hyundai Motor India, Tata Motors, Tesla, Volkswagen, Volvo Car Corporation, ZoomCar, Cox Automotive, Wagonex Limited, LeasePlan, Drover Limited, and Lyft Inc. As the market is competitive in nature, the players are indulged in rapid adoption of advanced technologies to improve the customers driving experience and in raising their competitive share by means of strategic initiatives like mergers, new product and acquisitions.

Market Segmentation

By Vehicle Type

  • IC Powered Vehicle
  • Electric Vehicle

By Subscription Period

  • 1 to 6 Months
  • 6 to 12 Months
  • More than 12 Months

By Service providers

  • OEMs & Captives
  • Independent/Third Party Service Provider

By End Use

  • Private
  • Corporate

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Major highlights of Report:

  • Figures related to sales volume, market remuneration, and segmental shares
  • Featuring market dynamics
  • Growth prospects and expansion graph
  • PROCON study of direct & indirect sales channels
  • Profiles of prominent traders, dealer, and distributors in the industry

Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa

  • Industry forecasts based on region and at country level
  • Data about sales volume recorded, industry share held, and profit margins amassed
  • Overall remuneration and estimated growth rate for each regional market

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

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. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Vehicle Subscription Market, By Vehicle

7.1. Vehicle Subscription Market, by Vehicle Type, 2021-2030

7.1.1. IC Powered Vehicle

7.1.1.1. Market Revenue and Forecast (2019-2030)

7.1.2. Electric Vehicle

7.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Vehicle Subscription Market, By Subscription Period

8.1. Vehicle Subscription Market, by Subscription Period, 2021-2030

8.1.1. 1 to 6 Months

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. 6 to 12 Months

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. More than 12 Months

8.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Vehicle Subscription Market, By Service Providers 

9.1. Vehicle Subscription Market, by Service Providers, 2021-2030

9.1.1. OEMs & Captives

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Independent/Third Party Service Provider

9.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Vehicle Subscription Market, By End Use 

10.1. Vehicle Subscription Market, by End Use, 2021-2030

10.1.1. Private

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Corporate

10.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Vehicle Subscription Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.1.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.1.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.1.4. Market Revenue and Forecast, by End Use (2019-2030)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.1.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.1.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.1.5.4. Market Revenue and Forecast, by End Use (2019-2030)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.1.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.1.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.1.6.4. Market Revenue and Forecast, by End Use (2019-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.2.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.2.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.2.4. Market Revenue and Forecast, by End Use (2019-2030)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.2.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.2.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.2.5.4. Market Revenue and Forecast, by End Use (2019-2030)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.2.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.2.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.2.6.4. Market Revenue and Forecast, by End Use (2019-2030)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.2.7.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.2.7.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.2.7.4. Market Revenue and Forecast, by End Use (2019-2030)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.2.8.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.2.8.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.2.8.4. Market Revenue and Forecast, by End Use (2019-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.3.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.3.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.3.4. Market Revenue and Forecast, by End Use (2019-2030)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.3.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.3.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.3.5.4. Market Revenue and Forecast, by End Use (2019-2030)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.3.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.3.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.3.6.4. Market Revenue and Forecast, by End Use (2019-2030)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.3.7.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.3.7.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.3.7.4. Market Revenue and Forecast, by End Use (2019-2030)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.3.8.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.3.8.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.3.8.4. Market Revenue and Forecast, by End Use (2019-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.4.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.4.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.4.4. Market Revenue and Forecast, by End Use (2019-2030)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.4.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.4.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.4.5.4. Market Revenue and Forecast, by End Use (2019-2030)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.4.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.4.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.4.6.4. Market Revenue and Forecast, by End Use (2019-2030)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.4.7.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.4.7.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.4.7.4. Market Revenue and Forecast, by End Use (2019-2030)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.4.8.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.4.8.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.4.8.4. Market Revenue and Forecast, by End Use (2019-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.5.4. Market Revenue and Forecast, by End Use (2019-2030)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.5.5.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.5.5.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.5.5.4. Market Revenue and Forecast, by End Use (2019-2030)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Vehicle (2019-2030)

11.5.6.2. Market Revenue and Forecast, by Subscription Period (2019-2030)

11.5.6.3. Market Revenue and Forecast, by Service Providers (2019-2030)

11.5.6.4. Market Revenue and Forecast, by End Use (2019-2030)

Chapter 12. Company Profiles

12.1. Fair Financial Corp.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Clutch Technologies, LLC

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. CarNext

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. FlexDrive

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Cluno GmbH

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. DriveMyCar Rentals Pty Ltd

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. BMW AG

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Daimler AG

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. General Motors

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Hyundai Motor India

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. Tata Motors

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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