What is Corporate Car-sharing?
Pool vehicle management is linked with corporate car sharing. This indicates that all or a portion of a company's employees share a vehicle pool (or even just one vehicle). The classic company automobile is the polar opposite of Corporate Car Sharing. Employees can use the pool automobiles for private journeys after work or on weekends when using a Corporate Car Sharing system. Corporate Car Sharing software is essentially a booking tool that guarantees that everyone is aware of when and which vehicle is reserved.
The market study is broken down and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from Germans will contribute to the maximum growth of Global Corporate Car-sharing market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Europcar (France), Autolib (France), Cambio CarSharing (Germany), Mobility Carsharing (Switzerland), Zipcar (United States), Ubeeqo (France), ALD Automotive (India), Arval (France), Sixt (Germany) and Fleetster (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are DriveNow (Germany).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Corporate Car-sharing market by Type, Application and Region.
On the basis of geography, the market of Corporate Car-sharing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Business Model, the sub-segment i.e. Free-Floating Car Sharing will boost the Corporate Car-sharing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Way, the sub-segment i.e. Both Way Trip will boost the Corporate Car-sharing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Class, the sub-segment i.e. Economy Class will boost the Corporate Car-sharing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Technological Advancements in Car Sharing
Market Drivers
- Growing Popularity of car-sharing as an Affordable & Convenient Solution
- Rise in Urbanization
Opportunities
- Growth in Electric Vehicles and Autonomous Vehicles in the Automotive Industry
Restraints
- Loss of Privacy of the Passengers Traveling in the Vehicle
Challenges
- Unavailability of Adequate Technologies and Transport infrastructure
- Technology will Revolutionize and Disrupt Car Sharing Market
Key Target Audience
Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.