Type: PDF
Status: Upcoming
Categories: Automotive Services
Report Code : AS23
No. of Pages : 350
Global Shared Mobility Market is expected to grow at a CAGR of 17.10% from 2023 to 2031 to reach USD 879.38 billion by 2031.
Shared mobility is a transport service in which a vehicle is shared among workers, based on distance, time, and money. These vehicles are also shared simultaneously. An increase in preference for car-pooling globally is driving the market growth in the forecast period. Expanding economies comprising China and India are observing a surge in their populace, which in turn has fuelled the demand for ride sourcing, ride-sharing, and vehicle rental.
Upsurge in preference for market, increase in congestion in public transport are anticipated to drive the market for shared mobility. Furthermore, the surge in the production of electric vehicles and substantial investments in R&D in autonomous vehicles are also projected to drive the global shared mobility market during the forecast period.
Government initiatives to encourage commuters to use shared mobility services is the biggest growth driver for the market. The market report delivers a holistic estimation of the market. The report offers a comprehensive analysis of major segments, drivers, trends, restraints, and factors that are playing a substantial role in the market.
Market Dynamics
The market outlook section mostly includes fundamental dynamics of the market which include restraints, drivers, and opportunities faced by the industry. Restraints and drivers are necessary factors whereas challenges and opportunities are extrinsic factors of the market. Government initiatives to boost commuters to use shared mobility services is the major growth driver for the market.
Shared mobility services include micro mobility such as bike sharing, scooter sharing; automobile-based transportation such as car sharing on demand; and commute-based ridesharing such as carpooling. The fleet operatives, and vehicle owners offer a vehicle on rental basis to several corporate businesses, and clients that are predictable to drive the demand shared mobility. Upsurge in approval of smartphones has providing numerous options for mobility and further improved routes for travellers.
Sector Outlook:
The unorganized segment is anticipated to hold a major share in the predicated time frame, on account of huge number of non-internet based and service providers, and local taxi fleet operatives.
Additionally, lack of conciseness among passengers, and absence of car-pooling facilities across the globe are propelling the unorganized service sector in the predicated timeframe. Conversely, rise in demand for car-pooling globally is boosting the organized sector and thus, driving the shared mobility market in the forecast period.
Mobility Type Outlook:
The private segment is anticipated to share highest market growth in the forecast period. Due to of increase in usage of private vehicles in e-hailing and car-poling services. Additionally, rapid urbanization, and increase in congestion are fueling the acceptance of private vehicles for car-pooling are surged the market growth.
Furthermore, leasing, and vehicle rental services are extensively used by many firms, as they are willing to offer transportation services for their employees.
Moreover, long family tours, outing with friends and surged in vacation industry post pandemic globally are propelling the vehicle leasing and rental demand throughout the forthcoming period. Also, the surge in the crowd and poor connectivity is boosting the demand for ride-sharing and ride sourcing services in the shared mobility market growth.
Business Model Outlook:
Vehicle Type Outlook:
The passenger cars segment is expected to hold the largest revenue share during the predicted timeframe. Due to dynamic structures offer in the passenger cars and the driving experience are expected to drive the market growth. Additionally, new service launch by numerous ride-hailing providers is anticipated propel the growth.
Propulsion Outlook:
The electric vehicle segment is expected to boost market growth. Owing to the positive trend electric cars offer an advantage over combustion engines which are widespread up to now. Additionally, less emission of carbon into environment, and low cost compared to diesel and petrol cars are expected to drive the demand for the segment growth.
Furthermore, they drive much more silently, which is especially beneficial for residents living near busy roads, and high demand from young crowd is also driving the demand for plug-in hybrid electric vehicles (PHEV), and battery electric vehicles (BEV) in the market.
Though a car is still a car, and even if electric cars may pave the way for less emission, there are still disapprovals that specify that electric engines are not the magic bullet and are expected to drive the demand for IC engine vehicles.
Sales Channel Outlook:
Online segment holds the maximum share in the predicated timeframe. On account of high demand for online booking from end users. Additionally, the presence of numerous offers of online booking, less time-consuming, hassle-free, and convenient online shared mobility is expected to fuel the demand for an online segment.
Furthermore, the offline segment is expected to show stable demand in the near future. The factors for the development of the market is large number of offline booking for corporate services are expected to drive the market growth.
Regional Outlook:
The market for shared mobility in Asia Pacific region is anticipated to show remarkable growth rate in terms of revenue and market share in the forecast period. On account of popular services like ride sourcing and ride sharing in the China, ASEAN, and India countries, which are likely to propel the growth of market in the forthcoming period. Additionally, the DIDI, UBER, and OLA Service providers in Asia Pacific hold a main share of the market, which is anticipated to drive the growth of region.
Furthermore, new vehicle emission rules, subsidies, tax benefits offered by the governments, and upsurge in fuel cost across Asia Pacific have surged the acceptance of electric vehicles in the region. Thus it is anticipated to drive the market growth in the forecast period.
Key Companies and Market Share Analysis
The market is divided with numerous number of manufacturers governing major market share, with major companies holding the potential to increase the pace of growth by accepting advanced technologies and by making steady changes in their services for shared mobility. Though, mergers and acquisitions portfolio are key strategies that are implemented by major companies.
Key players operating in the global shared mobility market include: Avis Budget Group, ANI Technologies Pvt. Ltd. (OLA), car2go NA LLC, Beijing Xiaoju Technology Co, Ltd.,The Hertz Corporation, WingzInc., Uber Technologies Inc., Curb Mobility, GrabHoldings Inc., Lyft Inc., Careem Inc.Segmentation Outlook:
Sector Type Outlook
Shared Mobility Type Outlook
Business Model Outlook
Vehicle Type Outlook
Propulsion Outlook
Sales Channel Outlook
Regional Outlook
By Region:
Key Questions
The global market is expected to grow at a CAGR of 58.2% from 2021 to 2028 to reach USD 57.9 billion by 2028.
The CAGR of the global shared mobility market is 8.5% during the forecast period.
The major market players in the shared mobility are Avis Budget Group, ANI Technologies Pvt. Ltd. (OLA), car2go NA LLC, Beijing Xiaoju Technology Co, Ltd., The Hertz Corporation, WingzInc., Uber Technologies Inc., Curb Mobility, GrabHoldings Inc., Lyft Inc., Careem Inc.
Increasing internet saturation, and lack of parking spaces are expected to boost the market growth during the forecast period.
Table of Contents
Chapter 1. Introduction
1.1. Report description
1.2. Key market segments
1.3. Regional Scope
1.4. Executive Summary
Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Secondary Analyst Tools and Models
Chapter 3. Executive Summary
Chapter 4. Market Analysis
4.1. Heat Map Analysis
4.2. Ansoff Matrix Analysis
4.3. Vendor Matrix
4.4. Industry trend
4.5. Industry News
4.6. Industry Policy
4.7. Government regulation
Chapter 5. Business Market Analysis
5.1. Demographic
5.2. Psychographic
5.3. Behavioral
5.4. Geographic
Chapter 6. PLC analysis
6.1. Introduction
6.2. Growth
6.3. Maturity
6.4. Decline
Chapter 7. 4Ps analysis
7.1. Introduction
7.2. Product
7.3. Price
7.4. Place
7.5. Promotion
Chapter 8. Market Dynamics
8.1. Market driver analysis
8.2. Market restraint analysis
8.3. Market Opportunity
8.4. Market Challenges
8.5. Impact analysis of COVID-19 on the Shared Mobility market
Chapter 9. Market Variables and Outlook
9.1. SWOT Analysis
9.1.1. Strengths
9.1.2. Weaknesses
9.1.3. Opportunities
9.1.4. Threats
9.2. Supply Chain Analysis
9.3. PESTEL Analysis
9.3.1. Political Landscape
9.3.2. Economic Landscape
9.3.3. Social Landscape
9.3.4. Technological Landscape
9.3.5. Environmental Landscape
9.3.6. Legal Landscape
9.4. Porter’s Five Forces Analysis
9.4.1. Bargaining Power of Suppliers
9.4.2. Bargaining Power of Buyers
9.4.3. Threat of Substitute
9.4.4. Threat of New Entrant
9.4.5. Competitive Rivalry
Chapter 10. Impact Analysis of Covid-19 Outbreak on Shared Mobility Market
10.1. Impact Analysis of Covid-19 Outbreak on Shared Mobility Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. Covid-19 Impact Analysis by Production, Import, Export and Demand
10.3. Shared Mobility Market: Pre-V/S Post Covid-19
10.4. Estimated Impact of The Coronavirus (Covid-19) Epidemic on The Shared Mobility Market Size In 2021, By Scenario
10.5. Covid-19: Micro and Macro Factor Analysis on Shared Mobility Market
10.6. Impact on Covid-19 on the basis of V, U, L and W analysis
10.6.1. Shared Mobility Market on V analysis
10.6.2. Shared Mobility Market on U analysis
10.6.3. Shared Mobility Market on L analysis
10.6.4. Shared Mobility Market on L analysis
Chapter 11. Value Chain Analysis
11.1. Shared Mobility Raw Material Analysis
11.1.1. List of Raw Materials
11.1.2. Shared Mobility Raw Material Manufactures List
11.1.3. Price Trend of Shared Mobility Key Raw Materials
11.2. List of Potential Buyers
11.3. Marketing Channel
11.3.1. Direct Marketing
11.3.2. Indirect Marketing
11.3.3. Marketing Channel Development Trend
Chapter 12. Shared Mobility Market: Sector Type Estimates & Trend Analysis
12.1. Shared Mobility Market value share and forecast, (2020 to 2031)
12.2. Incremental Growth Analysis and Infographic Presentation
12.2.1. Organized
12.2.1.1. Market Size & Forecast, 2020-2031, USD Million
12.2.2. Unorganized
12.2.2.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 13. Shared Mobility Market: Type Estimates & Trend Analysis
13.1. Shared Mobility Market value share and forecast, (2020 to 2031)
13.2. Incremental Growth Analysis and Infographic Presentation
13.2.1. Ride Sourcing
13.2.1.1. Market Size & Forecast, 2020-2031, USD Million
13.2.2. Ride Sharing
13.2.2.1. Market Size & Forecast, 2020-2031, USD Million
13.2.3. Private
13.2.3.1. Market Size & Forecast, 2020-2031, USD Million
13.2.4. Vehicle Rental/Leasing
13.2.4.1. Market Size & Forecast, 2020-2031, USD Million
13.2.5. Others
13.2.5.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 14. Shared Mobility Market: Business Model Estimates & Trend Analysis
14.1. Shared Mobility Market value share and forecast, (2020 to 2031)
14.2. Incremental Growth Analysis and Infographic Presentation
14.2.1. Passenger to Passenger (P2P)
14.2.1.1. Market Size & Forecast, 2020-2031, USD Million
14.2.2. Business to Customer (B2C)
14.2.2.1. Market Size & Forecast, 2020-2031, USD Million
14.2.3. Business to Business (B2B)
14.2.3.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 15. Shared Mobility Market: Vehicle Type Estimates & Trend Analysis
15.1. Shared Mobility Market value share and forecast, (2020 to 2031)
15.2. Incremental Growth Analysis and Infographic Presentation
15.2.1. Passenger Cars
15.2.1.1. Market Size & Forecast, 2020-2031, USD Million
15.2.2. Light Commercial Vehicles
15.2.2.1. Market Size & Forecast, 2020-2031, USD Million
15.2.3. Micro mobility
15.2.3.1. Market Size & Forecast, 2020-2031, USD Million
15.2.4. Buses & Coaches
15.2.4.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 16. Shared Mobility Market: Propulsion Estimates & Trend Analysis
16.1. Shared Mobility Market value share and forecast, (2020 to 2031)
16.2. Incremental Growth Analysis and Infographic Presentation
16.2.1. IC Engine Vehicles
16.2.1.1. Market Size & Forecast, 2020-2031, USD Million
16.2.2. Electric Vehicles
16.2.2.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 17. Shared Mobility Market: IC Engine Vehicles Estimates & Trend Analysis
17.1. Shared Mobility Market value share and forecast, (2020 to 2031)
17.2. Incremental Growth Analysis and Infographic Presentation
17.2.1. Diesel
17.2.1.1. Market Size & Forecast, 2020-2031, USD Million
17.2.2. Gasoline / Petrol
17.2.2.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 18. Shared Mobility Market: Electric Vehicles Estimates & Trend Analysis
18.1. Shared Mobility Market value share and forecast, (2020 to 2031)
18.2. Incremental Growth Analysis and Infographic Presentation
18.2.1. Plug-in Hybrid Electric Vehicles (PHEV)
18.2.1.1. Market Size & Forecast, 2020-2031, USD Million
18.2.2. Battery Electric Vehicles (BEV)
18.2.2.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 19. Shared Mobility Market: Sales Channel Estimates & Trend Analysis
19.1. Shared Mobility Market value share and forecast, (2020 to 2031)
19.2. Incremental Growth Analysis and Infographic Presentation
19.2.1. Online
19.2.1.1. Market Size & Forecast, 2020-2031, USD Million
19.2.2. Offline
Market Size & Forecast, 2020-2031, USD Million
Chapter 20. Shared Mobility Market: Regional Estimates & Trend Analysis
20.1. Shared Mobility Market value share and forecast, (2020 to 2031)
20.2. Incremental Growth Analysis and Infographic Presentation
20.3. North America
20.3.1.1. Market Size & Forecast, 2020-2031, USD Million
20.4. Europe
20.4.1.1. Market Size & Forecast, 2020-2031, USD Million
20.5. Asia Pacific
20.5.1.1. Market Size & Forecast, 2020-2031, USD Million
20.6. Middle East & Africa
20.6.1.1. Market Size & Forecast, 2020-2031, USD Million
20.7. South America
20.7.1.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 21. Shared Mobility Market: Country Estimates & Trend Analysis
21.1. Shared Mobility Market value share and forecast, (2020 to 2031)
21.2. Incremental Growth Analysis and Infographic Presentation
21.3. U.S.
21.3.1.1. Market Size & Forecast, 2020-2031, USD Million
21.4. Canada
21.4.1.1. Market Size & Forecast, 2020-2031, USD Million
21.5. Mexico
21.5.1.1. Market Size & Forecast, 2020-2031, USD Million
21.6. UK
21.6.1.1. Market Size & Forecast, 2020-2031, USD Million
21.7. France
21.7.1.1. Market Size & Forecast, 2020-2031, USD Million
21.8. Germany
21.8.1.1. Market Size & Forecast, 2020-2031, USD Million
21.9. Russia
21.9.1.1. Market Size & Forecast, 2020-2031, USD Million
21.10. Italy
21.10.1.1. Market Size & Forecast, 2020-2031, USD Million
21.11. Spain
21.11.1.1. Market Size & Forecast, 2020-2031, USD Million
21.12. China
21.12.1.1. Market Size & Forecast, 2020-2031, USD Million
21.13. India
21.13.1.1. Market Size & Forecast, 2020-2031, USD Million
21.14. Japan
21.14.1.1. Market Size & Forecast, 2020-2031, USD Million
21.15. Indonesia
21.15.1.1. Market Size & Forecast, 2020-2031, USD Million
21.16. South Korea
21.16.1.1. Market Size & Forecast, 2020-2031, USD Million
21.17. Australia
21.17.1.1. Market Size & Forecast, 2020-2031, USD Million
21.18. Brazil
21.18.1.1. Market Size & Forecast, 2020-2031, USD Million
21.19. Argentina
21.19.1.1. Market Size & Forecast, 2020-2031, USD Million
21.20. Saudi Arabia
21.20.1.1. Market Size & Forecast, 2020-2031, USD Million
21.21. UAE
21.21.1.1. Market Size & Forecast, 2020-2031, USD Million
21.22. South Africa
21.22.1.1. Market Size & Forecast, 2020-2031, USD Million
Chapter 22. Competitive Landscape
22.1. Company Market Share Analysis
22.2. Vendor Landscape
22.3. Competition Dashboard
Chapter 23. Company Profiles
23.1. Business Overview, Product Landscape, Financial Performanceand Company Strategies for below companies
23.1.1. Avis Budget Group
23.1.1.1. Company Overview
23.1.1.2. Financial Performance
23.1.1.3. Product Benchmarking
23.1.1.4. Geographic Footprint
23.1.1.5. Strategic Initiatives
23.1.2. ANI Technologies Pvt. Ltd. (OLA)
23.1.2.1. Company Overview
23.1.2.2. Financial Performance
23.1.2.3. Product Benchmarking
23.1.2.4. Geographic Footprint
23.1.2.5. Strategic Initiatives
23.1.3. car2go NA LLC
23.1.3.1. Company Overview
23.1.3.2. Financial Performance
23.1.3.3. Product Benchmarking
23.1.3.4. Geographic Footprint
23.1.3.5. Strategic Initiatives
23.1.4. Beijing Xiaoju Technology Co, Ltd.
23.1.4.1. Company Overview
23.1.4.2. Financial Performance
23.1.4.3. Product Benchmarking
23.1.4.4. Geographic Footprint
23.1.4.5. Strategic Initiatives
23.1.5. The Hertz Corporation
23.1.5.1. Company Overview
23.1.5.2. Financial Performance
23.1.5.3. Product Benchmarking
23.1.5.4. Geographic Footprint
23.1.5.5. Strategic Initiatives
23.1.6. WingzInc.
23.1.6.1. Company Overview
23.1.6.2. Financial Performance
23.1.6.3. Product Benchmarking
23.1.6.4. Geographic Footprint
23.1.6.5. Strategic Initiatives
23.1.7. Uber Technologies Inc.
23.1.7.1. Company Overview
23.1.7.2. Financial Performance
23.1.7.3. Product Benchmarking
23.1.7.4. Geographic Footprint
23.1.7.5. Strategic Initiatives
23.1.8. Curb Mobility
23.1.8.1. Company Overview
23.1.8.2. Financial Performance
23.1.8.3. Product Benchmarking
23.1.8.4. Geographic Footprint
23.1.8.5. Strategic Initiatives
23.1.9. GrabHoldings Inc.
23.1.9.1. Company Overview
23.1.9.2. Financial Performance
23.1.9.3. Product Benchmarking
23.1.9.4. Geographic Footprint
23.1.9.5. Strategic Initiatives
23.1.10. Lyft Inc.
23.1.10.1. Company Overview
23.1.10.2. Financial Performance
23.1.10.3. Product Benchmarking
23.1.10.4. Geographic Footprint
23.1.10.5. Strategic Initiatives
23.1.11. Careem Inc.
23.1.11.1. Company Overview
23.1.11.2. Financial Performance
23.1.11.3. Product Benchmarking
23.1.11.4. Geographic Footprint
23.1.11.5. Strategic Initiatives
Single User
US$ 4000*** Benefits ***
1. 15% Free customization
2. Two Countries can add as per your choice
3. Two Company can add as per your choice
4. 35+ Countries
*** Services ***
1. Quarterly Industry Update for Six Months
2. One personal Research Analyst Allocate to you
3. 24*7 Research Support
4. Query will be resolve with 48 hours
Multi User
US$ 5250*** Benefits ***
1. 25% Free customization
2. Excel Data Sheet
3. Two Countries can add as per your choice
4. Two Company can add as per your choice
35+ Countries
*** Services ***
1. Client will get one updated report for a year.
2. Quarterly Industry Update for 1 Year.
3. One research analyst will allocate to you.
4. Query will be resolved within 36 hours.
24*7 Research Support.
Corporate User
US$ 7000*** Benefits ***
1. 25% Free customization
2. Excel Data Sheet
3. Two Countries can add as per your choice
4. Two Company can add as per your choice
5. 35+ Countries
*** Services ***
1. Client will get one updated report for a year.
2. Quarterly Industry Update for 1 Year.
3. One research analyst will allocate to you.
4. Query will be resolved within 36 hours.
5. 24*7 Research Support.