Enjoy complimentary customisation on priority with our Enterprise License!
Market outlook of car-sharing in Europe
The popularity of car-sharing has grown by leaps and bounds all over Europe. The demand for car-sharing supersedes the current availability of car fleets in the market, and it is expected to witness stupendous growth over the coming years. As Technavio’s report, the car-sharing market is poised to reach a CAGR of well over 87% in the next four years.
Mobility solution providers have overtaken the car share operators (CSO) to emerge as the leading players in this market. The CSO segment accounts for approximately 26% of the market share as per the recent study.
Segmentation of the car-sharing in Europe by service providers
Service providers are expected to converge their offerings and services on a single mobility management platform to deliver a wide range of travel solutions.
Some of these service providers include: -
Mobility solution providers are slated to capture close to 50% of the market share through 2019. The mobility solution providers segment has diversified into areas such as business, government fleets, and low-income markets. The segment is set to benefit largely from favorable government grants and policies on taxation, parking, and insurance. Also, ongoing advances in technology like the integration of smartphones with cars, thrive on this segment.
For instance, Audi plans to offer high-speed wireless data connection in cars to provide access to services such as communication with parking garages to find open spaces.
Segmentation of the car-sharing market in Europe by mode of commute
The two-way car-sharing segment accounts for more than half of the market, and the trend is expected to continue during the forecast period. Though one-way mode involves higher rentals because of higher base charges, the segment is growing rapidly.
There are many customers who view the one-way model as the most hassle-free sharing option as it allows them to choose their pick-up and drop-off points. This model also offer users the option of renting vehicles for a shorter time frame. In the coming years, vendors will launch highly customized services for leveraging the popularity of this segment.
Evolution of corporate mobility in Europe
Precursor to car-sharing:
Advent of car-sharing:
Current status of car-sharing:
Future of car-sharing:
Key vendors in the car-sharing market in Europe
Vendors in the market compete on the basis of pricing, fleet size, car-sharing locations, and marketing expertise. The leading vendors in the market dominate the market by providing diverse product portfolios.
Other prominent vendors in the market include Autolib, Cambio CarSharing, DriveNow, Europcar, Fleetster, Greenwheels, Mobility Carsharing, Mobility Mixx, Sunfleet, and Zipcar.
Other sections of the report include an analysis of the following
Related reports
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Europe: An Overview
06.1 Economic indicators
06.2 Logistics performance
07. Market Landscape
07.1 Evolution of Corporate Mobility in Europe
07.2 Market Size and Forecast by Volume
07.3 Five Forces Analysis
08. Market Segmentation by Type of Service Provider
08.1 Segmentation by Type of Service Provider 2014
08.2 Segmentation by Type of Service Provider 2014-2019
08.3 Corporate Car Sharing Market in Europe by Mobility Solution Providers
08.3.1 Market Size and Forecast
08.4 Corporate Car Sharing Market in Europe by CSO
08.4.1 Market Size and Forecast
08.5 Corporate Car Sharing Market in Europe by OEM
08.5.1 Market Size and Forecast
08.6 Corporate Car Sharing Market in Europe by Car Rental/Leasing Companies
08.6.1 Market Size and Forecast
09. Market Segmentation by Mode of Commute
09.1 Segmentation of Market by Mode of Commute 2014
10. Key Leading Countries
10.1 Germany
10.2 UK
10.3 France
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and Their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and Their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Key News
18.2 Other Prominent Vendors
19. Key Vendor Analysis
19.1 ALD Automotive
19.1.1 Key Facts
19.1.2 Business Overview
19.1.3 SWOT Analysis
19.2 Alphabet
19.2.1 Key facts
19.2.2 Business overview
19.2.3 Recent developments
19.2.4 SWOT analysis
19.3 Arval
19.3.1 Key Facts
19.3.2 Business Overview
19.3.3 Product Categories
19.3.4 Key Solutions
19.3.5 Recent Developments
19.3.6 SWOT Analysis
19.4 Sixt
19.4.1 Key Facts
19.4.2 Business Overview
19.4.3 SWOT Analysis
19.5 Ubeeqo
19.5.1 Key Facts
19.5.2 Business Overview
19.5.3 Recent Developments
19.5.4 SWOT Analysis
20. Other Reports in this Series
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
