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In April 2023, the EPA proposed amending current rules for decreasing greenhouse gas emissions from heavy-duty vehicles for model year 2027, as well as setting more stringent limits for model years 2028 through 2032. This trend is anticipated to persist as governments all over the world continue to enact stricter rules designed to reduce emissions and promote environmentally friendly transportation and <strong><a href="https://www.gminsights.com/industry-analysis/mobility-on-demand-mod-market">mobility on-demand</a></strong> options, thereby raising demand for car-sharing services.<br />  </p> <div class="print-table"> </div> <p style=font-size:18px>Inadequate transport infrastructure limits the car sharing market expansion. For car-sharing services to be effective, a strong and dependable transportation infrastructure is necessary, including access to parking spaces, <strong><a href="https://www.gminsights.com/industry-analysis/electric-vehicle-charging-station-market">electric vehicle charging stations</a></strong>, and well-maintained roadways. Car-sharing businesses can find it difficult to offer customers a reliable and practical transportation choice in places with inadequate or insufficient transportation infrastructure, resulting in decreased utilization rates, thereby slowing down industry progression. However, increasing public and private investments in infrastructure improvement and development plans across developed and emerging countries will aid in overcoming this restraint in the coming years.<br />  </p> <h2 id="marketTrends" style=font-size:18px;line-height:normal;margin-bottom:15px>Car Sharing Market Analysis</h2> <p style=font-size:18px style="text-align:center"><img alt="Global Car Sharing Market, By Model, 2021-2032, (USD Billion)" src="https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/global-car-sharing-market-by-model-2023-2032.webp" title="Global Car Sharing Market, By Model, 2021-2032, (USD Billion)" /></p> <p style=font-size:18px>The car sharing market size from the free-floating segment amassed more than USD 1 billion in 2022. Free floating is a fully self-service automobile sharing concept without restrictions. Free-floating car sharing provides customers with a great level of flexibility, which is an essential factor influencing its strong demand. It provides a different choice for meeting travel demands in urban areas by offering a variety of responsive transit options, which promotes segment growth.<br />  </p> <p style=font-size:18px style="text-align:center"><img alt="Global Car Sharing Market Share, By Business Model (Fleet Size), 2022" src="https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/global-car-sharing-market-share-by-business-model-2023-2032.webp" title="Global Car Sharing Market Share, By Business Model (Fleet Size), 2022" /></p> <p style=font-size:18px>The car sharing market share from the round trip segment will register over 15% CAGR between 2023 and 2032, owing to the convenience provided to customers by picking them up and dropping them off at the same location. This model often gets priced substantially lower as the firm offering these services does not have to spend resources, hence favoring its rising acceptance rate by consumers for intra-city transportation or shorter distances.<br />  </p> <p style=font-size:18px style="text-align:center"><img alt="Europe Car Sharing Market, By Country, 2021-2032, (USD Billion)" src="https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/europe-car-sharing-market-by-country-2023-2032.webp" title="Europe Car Sharing Market, By Country, 2021-2032, (USD Billion)" /></p> <p style=font-size:18px>The Europe car sharing market size will exceed USD 9 billion by 2032. Shifting consumer preference toward shared mobility as government laws and growing public awareness of the necessity to reduce car pollution in Europe. To cite an instance, in December 2022, the Italian energy corporation, Eni, expanded its electric car-sharing service Enjoy outside Turin. The compact automobile Yoyo, created by Italian automaker XEV, is a key component of the zero-emission fleet. In addition, the presence of several industry participants in European nations is set to accelerate regional market growth. <br />  </p> <h2 id="marketAnalysis" style=font-size:18px;line-height:normal;margin-bottom:15px>Car sharing Market Share</h2> <p style=font-size:18px>Major companies operating in the car sharing market are</p> <ul> <li style=font-size:18px>BlueSG</li> <li style=font-size:18px>Cambio Mobilitäts Service GmbH & Co.</li> <li style=font-size:18px>KGCommunauto Inc.</li> <li style=font-size:18px>EKAR FZ LLC</li> <li style=font-size:18px>Evo Car Share</li> <li style=font-size:18px>Free2Move</li> <li style=font-size:18px>Getaround, Inc.</li> <li style=font-size:18px>GoGet (CarShare) Carshare Australia Pty. Ltd</li> <li style=font-size:18px>GreenwheelsHertz Global Holdings, Inc.</li> <li style=font-size:18px>Lyft, Inc.</li> <li style=font-size:18px>Mobility CarsharingTuro, Inc.</li> <li style=font-size:18px>Zipcar, Inc.  <p style=font-size:18px> </p> </li> </ul> <p style=font-size:18px>These companies are focused on enhancing <strong><a href="https://www.gminsights.com/industry-analysis/automotive-subscription-services-market">car subscriptions</a></strong> and car-sharing service efficiency across several industries.<br />  </p> <h2 id="marketShare" style=font-size:18px;line-height:normal;margin-bottom:15px>Car sharing Industry News:</h2> <ul> <li style=font-size:18px>In April 2022, Middle East-based mobility company, Ekar, launched its contactless peer-to-peer car-sharing service in Saudi Arabia, with the entire process of renting vehicles being contactless. The cars can only be activated through an app, which unlocks the vehicle, while the keys are inside the car, and without the authentication of the app, these cars will not start.<br />  </li> <li style=font-size:18px>In May 2022, Getaround, an online vehicle service company, partnered with the City of Salem to boost the availability of dependable transportation and address issues including traffic, pollution, and congestion through car sharing. Getaround and the City of Salem worked together to improve the city's dependable and efficient multimodal transportation system, which serves all users, including walkers, bicycles, transit passengers, and vehicles.<br />  </li> </ul> <h2 style=font-size:18px;line-height:normal;margin-bottom:15px>This car sharing market research report includes in-depth coverage of the industry <u>with estimates & forecasts in terms of revenue in USD, members in thousand and fleet size from 2018 to 2032</u> </u>for the following segments: <p class="download-link-button secdata reportViewClickHereButton" style="font-weight:normal;font-size:18px;"><span id="sectional_purchase" style="color: #1585cf; cursor: pointer; font-weight: bold;" >Click here</span> to Buy Section of this Report</p></h2> <p style=font-size:18px;color:#061524><strong>Market, By Application (2018 – 2032)</strong></p> <ul> <li style=font-size:18px>Business</li> <li style=font-size:18px>Private</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By Business Model (2018 – 2032)</strong></p> <ul> <li style=font-size:18px>Round trip</li> <li style=font-size:18px>One way</li> </ul> <p style=font-size:18px;color:#061524><strong>Market, By Model (2018 – 2032)</strong></p> <ul> <li style=font-size:18px>P2P</li> <li style=font-size:18px>Station-based</li> <li style=font-size:18px>Free floating</li> </ul> <p style=font-size:18px;padding-left:15px><u>The above information has been provided for the following regions and countries:</u></p> <ul> <li style=font-size:18px><strong>North America</strong> <ul> <li style=font-size:18px>U.S.</li> <li style=font-size:18px>Canada</li> </ul> </li> <li style=font-size:18px><strong>Europe</strong> <ul> <li style=font-size:18px>UK</li> <li style=font-size:18px>Germany</li> <li style=font-size:18px>France</li> <li style=font-size:18px>Italy</li> <li style=font-size:18px>Russia</li> <li style=font-size:18px>Spain</li> <li style=font-size:18px>Turkey</li> </ul> </li> <li style=font-size:18px><strong>Asia Pacific</strong> <ul> <li style=font-size:18px>China</li> <li style=font-size:18px>India</li> <li style=font-size:18px>Japan</li> <li style=font-size:18px>South Korea</li> <li style=font-size:18px>Taiwan</li> <li style=font-size:18px>Malaysia</li> <li style=font-size:18px>Singapore</li> <li style=font-size:18px>Australia</li> </ul> </li> <li style=font-size:18px><strong>Latin America</strong> <ul> <li style=font-size:18px>Brazil</li> <li style=font-size:18px>Mexico</li> </ul> </li> <li style=font-size:18px><strong>MEA</strong> <ul> <li style=font-size:18px>GCC</li> <li style=font-size:18px>South Africa<br />  </li> </ul> </li> </ul> </div></div><div class="d-flex align-items-center justify-content-end p-1 reportAuthorDiv"><span class="authorHeading">Authors: </span><span class="authorHeadingName">Preeti Wadhwani,  </span> </div><div class="pd_top_5"></div><div><div class="reportFaqDiv"><strong>Frequently Asked Question(FAQ) :</strong></div><div class="pd_top_5"></div><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0"><section class="faq_section type_two"><div class="block_faq"><div class="accordion p-0"><dl><div><dt class="reportFaqQuestionDiv faq_header active p-2 pd_right_40 m-1 text-decoration-underline">Who are the top players operating in the car sharing landscape?<span class="icon-plus-1" style="display:inline-block;transform:rotate(135deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:block;background-color:#fff;border:none"><div>BlueSG, Cambio Mobilit</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">What is the Europe car sharing market size?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>The Europe market size will exceed USD 9 billion by the end of 2032, attributed to the rising customer preference for shared mobility.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">Why is the free-floating car sharing model gaining traction?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>The free-floating segment generated over USD 1 billion in 2022, owing to its high adoption due to the high flexibility it offers to the customers.</div></dd></div><div><dt class="reportFaqQuestionDiv faq_header p-2 pd_right_40 m-1">What is the future of car sharing market?<span class="icon-plus-1" style="display:inline-block;transform:rotate(0deg);transition:transform 0.3s ease;background-color:rgba(0, 0, 0, .03);color:#7a7a7a;box-shadow:none;background:none;font-size:19px"></span></dt><dd class="accordion-content hide m-1 p-3" style="display:none;background-color:#fff;border:none"><div>The market size of car sharing reached USD 2.9 billion in 2022 and is estimated to record robust growth at over 20% CAGR from 2023 to 2032, owing to the increasing number of stringent government regulations for reducing emissions.</div></dd></div></dl></div></div></section></div><div class="reportmarketScopeHeading"><strong>Car Sharing Market Scope</strong></div><div class="row reportMarketScopelist"><div class="col-md-6"><ul><li class="marketScopeList"><div style="cursor:pointer"><div>Car Sharing Market Size</div></div></li><li class="marketScopeList"><div style="cursor:pointer"><div>Car Sharing Market Trends</div></div></li></ul></div><div class="col-md-6"><ul><li class="marketScopeList"><div style="cursor:pointer"><div>Car Sharing Market Analysis</div></div></li><li class="marketScopeList"><div style="cursor:pointer"><div>Car Sharing Market Share</div></div></li></ul></div></div></div><div><div class="relatedReportsDiv"><strong>Related Reports</strong></div><div class="row reportMarketScopelist"><ul class="reportMaketScopeListDiv"></ul></div></div><div style="display:none"><div class="reportViewFooterDiv"><button class="inquiryBtn btn btn-primary">Customize this Report</button><button class="inquiryBtn btn btn-primary">Inquiry Before Buying</button></div></div></div></div></div><div class="tab-pane fade"><div class="content_box"><a data-form-type="custom" id="button44" class="btnFortyFour"><div class="report-body"></div></a></div><div><div class="d-flex align-items-center justify-content-end p-1" style="background-color:#f3f3f3"><span style="font-weight:bold">Authors: </span><span style="font-weight:normal">Preeti Wadhwani,  </span> </div></div><div><div class="reportViewFooterDiv"><button class="inquiryBtn btn btn-primary">Customize this Report</button><button class="inquiryBtn btn btn-primary">Inquiry Before Buying</button></div></div></div></div><div class="tab-content" id="myTabContent"><style data-emotion="css 19midj6">.css-19midj6{padding:16px;}</style><div class="MuiBox-root css-19midj6"><style data-emotion="css 1tgsk0c animation-c7515d">.css-1tgsk0c{display:block;background-color:rgba(0, 0, 0, 0.11);height:auto;margin-top:0;margin-bottom:0;transform-origin:0 55%;-webkit-transform:scale(1, 0.60);-moz-transform:scale(1, 0.60);-ms-transform:scale(1, 0.60);transform:scale(1, 0.60);border-radius:4px/6.7px;-webkit-animation:animation-c7515d 2s ease-in-out 0.5s infinite;animation:animation-c7515d 2s ease-in-out 0.5s infinite;}.css-1tgsk0c:empty:before{content:"\00a0";}@-webkit-keyframes animation-c7515d{0%{opacity:1;}50%{opacity:0.4;}100%{opacity:1;}}@keyframes 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41q668">.css-41q668{-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);}</style><style data-emotion="css q8lw68">.css-q8lw68{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);}</style><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><style data-emotion="css mblabm">.css-mblabm{left:0;position:absolute;-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;transition:transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;}</style><style data-emotion="css 1u5ei5s">.css-1u5ei5s{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.5rem;left:0;position:absolute;-webkit-transform:scale(1);-moz-transform:scale(1);-ms-transform:scale(1);transform:scale(1);-webkit-transition:-webkit-transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;transition:transform 150ms cubic-bezier(0.0, 0, 0.2, 1) 0ms;}</style><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1u5ei5s" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><style data-emotion="css 9l3uo3">.css-9l3uo3{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:1rem;line-height:1.5;letter-spacing:0.00938em;}</style><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Single User: </span></label><span> <strong>$4,123 </strong> </span><span class="discountPricetext"><strong> $4,850 </strong></span><div class="discountBtnPriceDiv"><span>15% off</span></div></div></div><div class="row"><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0 pd_left_5 buyNowRadioDiv"><label class="MuiFormControlLabel-root MuiFormControlLabel-labelPlacementEnd css-1jaw3da"><span 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class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Multi User: </span></label><span> <strong>$4,840 </strong> </span><span class="p-0 discountPricetext"><strong> $6,050 </strong></span><div class="discountBtnPriceDiv"><span>20% off</span></div></div></div><div class="row"><div class="col-xl-12 col-lg-12 col-md-12 col-sm-12 col-xs-12 p-0 pd_left_5 buyNowRadioDiv"><label class="MuiFormControlLabel-root MuiFormControlLabel-labelPlacementEnd css-1jaw3da"><style data-emotion="css 19fcq5p">.css-19fcq5p{color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-19fcq5p.Mui-checked{color:#1976d2;}.css-19fcq5p.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><style data-emotion="css 3erxz8">.css-3erxz8{padding:9px;border-radius:50%;color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-3erxz8.Mui-checked{color:#1976d2;}.css-3erxz8.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><style data-emotion="css csppj7">.css-csppj7{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;position:relative;box-sizing:border-box;-webkit-tap-highlight-color:transparent;background-color:transparent;outline:0;border:0;margin:0;border-radius:0;padding:0;cursor:pointer;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;vertical-align:middle;-moz-appearance:none;-webkit-appearance:none;-webkit-text-decoration:none;text-decoration:none;color:inherit;padding:9px;border-radius:50%;color:rgba(0, 0, 0, 0.6);-webkit-transform:scale(0.7);-moz-transform:scale(0.7);-ms-transform:scale(0.7);transform:scale(0.7);padding:7px 0px 7px 6px;}.css-csppj7::-moz-focus-inner{border-style:none;}.css-csppj7.Mui-disabled{pointer-events:none;cursor:default;}@media print{.css-csppj7{-webkit-print-color-adjust:exact;color-adjust:exact;}}.css-csppj7.Mui-checked{color:#1976d2;}.css-csppj7.Mui-disabled{color:rgba(0, 0, 0, 0.26);}</style><span class="MuiButtonBase-root MuiRadio-root MuiRadio-colorPrimary PrivateSwitchBase-root MuiRadio-root MuiRadio-colorPrimary MuiRadio-root MuiRadio-colorPrimary css-csppj7"><input class="PrivateSwitchBase-input css-1m9pwf3" name="radio-buttons-group" type="radio" value="3"/><span class="css-hyxlzm"><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-q8lw68" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonUncheckedIcon"><path d="M12 2C6.48 2 2 6.48 2 12s4.48 10 10 10 10-4.48 10-10S17.52 2 12 2zm0 18c-4.42 0-8-3.58-8-8s3.58-8 8-8 8 3.58 8 8-3.58 8-8 8z"></path></svg><svg class="MuiSvgIcon-root MuiSvgIcon-fontSizeMedium css-1c4tzn" focusable="false" aria-hidden="true" viewBox="0 0 24 24" data-testid="RadioButtonCheckedIcon"><path d="M8.465 8.465C9.37 7.56 10.62 7 12 7C14.76 7 17 9.24 17 12C17 13.38 16.44 14.63 15.535 15.535C14.63 16.44 13.38 17 12 17C9.24 17 7 14.76 7 12C7 10.62 7.56 9.37 8.465 8.465Z"></path></svg></span></span><span class="MuiTypography-root MuiTypography-body1 MuiFormControlLabel-label css-9l3uo3">Enterprise User: </span></label><span> <strong> $5,845 </strong> </span><span class="discountPricetext"><strong> $8,350 </strong></span><div class="discountBtnPriceDiv"><span>30% off</span></div></div></div></div><div class="pd_top_20"></div><div class="buynow-btn theme_btn_all color_one p-0 reportBuyNowBtn"><div class="theme-btn five m-0 btn btn-primary btn-block buynow-btn" id="buy_now"><i class="icon-shopping-cart"></i> Buy now</div></div><div></div><div class="reportPremiumDetaislDiv"><div 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Station-based, Free-floating) \u0026 Global Forecast, 2023 – 2032","url":"carsharing-market","brief_desc":"Car Sharing Market size was valued at USD 2.9 billion in 2022 and is projected to expand at over 20% CAGR from 2023 to 2032, attributed to the rising implementation of stringent government regulations for reducing emissions.\r\n","full_desc":"\u003ch2\u003eCar Sharing Market Size\u003c/h2\u003e\r\n\r\n\u003cp\u003eCar Sharing Market size was valued at USD 2.9 billion in 2022 and is projected to expand at over 20% CAGR from 2023 to 2032, attributed to the rising implementation of stringent government regulations for reducing emissions.\u0026nbsp;attributed to the rising implementation of stringent government regulations for reducing emissions.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"Car Sharing Market \" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/carsharing-market-2023-2032.jpg\" title=\"Car Sharing Market Research Report\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eFavorable\u0026nbsp;government initiatives and regulations aimed at decreasing emissions are contributing to the expansion of the car sharing industry, as car-sharing services provide a more sustainable mobility choice. In April 2023, the EPA proposed amending current rules for decreasing greenhouse gas emissions from heavy-duty vehicles for model year 2027, as well as setting more stringent limits for model years 2028 through 2032. This trend is anticipated to persist as governments all over the world continue to enact stricter rules designed to reduce emissions and promote environmentally friendly transportation and \u003cstrong\u003e\u003ca href=\"https://www.gminsights.com/industry-analysis/mobility-on-demand-mod-market\"\u003emobility on-demand\u003c/a\u003e\u003c/strong\u003e options, thereby raising demand for car-sharing services.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"print-table\"\u003e\u0026nbsp;\u003c/div\u003e\r\n\r\n\u003cp\u003eInadequate transport infrastructure limits the car sharing market expansion. For car-sharing services to be effective, a strong and dependable transportation infrastructure is necessary, including access to parking spaces, \u003cstrong\u003e\u003ca href=\"https://www.gminsights.com/industry-analysis/electric-vehicle-charging-station-market\"\u003eelectric vehicle charging stations\u003c/a\u003e\u003c/strong\u003e, and well-maintained roadways. Car-sharing businesses can find it difficult to offer customers a reliable and practical transportation choice in places with inadequate or insufficient transportation infrastructure, resulting\u0026nbsp;in decreased utilization\u0026nbsp;rates, thereby slowing down industry progression. However, increasing public and private investments in infrastructure improvement and development plans across developed and emerging countries will aid in overcoming this restraint in the coming\u0026nbsp;years.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eCar Sharing Market Analysis\u003c/h2\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"Global Car Sharing Market, By Model, 2021-2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/global-car-sharing-market-by-model-2023-2032.webp\" title=\"Global Car Sharing Market, By Model, 2021-2032, (USD Billion)\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe car sharing market size from the free-floating segment amassed more than USD 1 billion in 2022. Free floating is a\u0026nbsp;fully self-service automobile sharing concept without restrictions. Free-floating car sharing provides customers with a great level of flexibility, which is an essential factor\u0026nbsp;influencing its strong demand. It provides a different choice for meeting travel demands in urban areas by offering a variety of responsive transit options, which promotes segment growth.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"Global Car Sharing Market Share, By Business Model (Fleet Size), 2022\" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/global-car-sharing-market-share-by-business-model-2023-2032.webp\" title=\"Global Car Sharing Market Share, By Business Model (Fleet Size), 2022\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe car sharing market share from the round trip segment will register over 15% CAGR between 2023 and 2032, owing to the convenience provided to customers by picking them up and dropping them\u0026nbsp;off at the same location. This model often gets priced substantially lower as the firm offering these services does not have to spend resources, hence favoring\u0026nbsp;its rising acceptance rate by consumers for intra-city transportation or shorter distances.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"Europe Car Sharing Market, By Country, 2021-2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/europe-car-sharing-market-by-country-2023-2032.webp\" title=\"Europe Car Sharing Market, By Country, 2021-2032, (USD Billion)\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe Europe car sharing market size will exceed USD 9 billion by 2032. Shifting consumer preference toward shared mobility as government laws and growing public awareness of the necessity to reduce car pollution in Europe. To cite an instance, in December 2022, the Italian energy corporation, Eni, expanded its electric car-sharing service Enjoy outside Turin. The compact automobile Yoyo, created by Italian automaker XEV, is a key component of the zero-emission fleet. In addition, the presence of several industry participants in European nations is set to accelerate regional market growth.\u0026nbsp;\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eCar sharing Market Share\u003c/h2\u003e\r\n\r\n\u003cp\u003eMajor companies operating in the car sharing market are\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBlueSG\u003c/li\u003e\r\n\t\u003cli\u003eCambio Mobilit\u0026auml;ts Service GmbH \u0026amp; Co.\u003c/li\u003e\r\n\t\u003cli\u003eKGCommunauto Inc.\u003c/li\u003e\r\n\t\u003cli\u003eEKAR FZ LLC\u003c/li\u003e\r\n\t\u003cli\u003eEvo Car Share\u003c/li\u003e\r\n\t\u003cli\u003eFree2Move\u003c/li\u003e\r\n\t\u003cli\u003eGetaround, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eGoGet (CarShare) Carshare Australia Pty. Ltd\u003c/li\u003e\r\n\t\u003cli\u003eGreenwheelsHertz Global Holdings, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eLyft, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eMobility CarsharingTuro, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eZipcar, Inc.\u0026nbsp;\r\n\t\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThese companies are focused on enhancing \u003cstrong\u003e\u003ca href=\"https://www.gminsights.com/industry-analysis/automotive-subscription-services-market\"\u003ecar subscriptions\u003c/a\u003e\u003c/strong\u003e and car-sharing service efficiency across several industries.\u003cbr /\u003e\r\n\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003ch2\u003eCar sharing Industry News:\u003c/h2\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eIn April 2022, Middle East-based mobility company, Ekar, launched its contactless peer-to-peer car-sharing service in Saudi Arabia, with the entire\u0026nbsp;process of renting vehicles being\u0026nbsp;contactless. The cars can only be activated through an app, which unlocks the vehicle, while the keys are inside the car, and without the authentication of the app, these cars\u0026nbsp;will not start.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003cli\u003eIn May 2022, Getaround, an online vehicle service company, partnered with the City of Salem\u0026nbsp;to boost the availability of dependable transportation and address issues including traffic, pollution, and congestion through car sharing. Getaround and the City of Salem worked together to improve the city\u0026#39;s dependable and efficient multimodal transportation system, which serves all users, including walkers, bicycles, transit passengers, and vehicles.\u003cbr /\u003e\r\n\t\u0026nbsp;\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003ch2\u003eThis car sharing market research report includes in-depth coverage of the industry \u003cu\u003ewith estimates \u0026amp; forecasts in terms of revenue in USD, members in thousand and fleet size from 2018 to 2032\u003c/u\u003e for the following segments:\u003c/h2\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Application (2018 \u0026ndash; 2032)\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBusiness\u003c/li\u003e\r\n\t\u003cli\u003ePrivate\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Business Model (2018 \u0026ndash; 2032)\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eRound trip\u003c/li\u003e\r\n\t\u003cli\u003eOne way\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cstrong\u003eMarket, By Model (2018 \u0026ndash; 2032)\u003c/strong\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eP2P\u003c/li\u003e\r\n\t\u003cli\u003eStation-based\u003c/li\u003e\r\n\t\u003cli\u003eFree floating\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003e\u003cu\u003eThe above information has been provided for the following regions and countries:\u003c/u\u003e\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eNorth America\u003c/strong\u003e\r\n\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eU.S.\u003c/li\u003e\r\n\t\t\u003cli\u003eCanada\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eEurope\u003c/strong\u003e\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eUK\u003c/li\u003e\r\n\t\t\u003cli\u003eGermany\u003c/li\u003e\r\n\t\t\u003cli\u003eFrance\u003c/li\u003e\r\n\t\t\u003cli\u003eItaly\u003c/li\u003e\r\n\t\t\u003cli\u003eRussia\u003c/li\u003e\r\n\t\t\u003cli\u003eSpain\u003c/li\u003e\r\n\t\t\u003cli\u003eTurkey\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eAsia Pacific\u003c/strong\u003e\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eChina\u003c/li\u003e\r\n\t\t\u003cli\u003eIndia\u003c/li\u003e\r\n\t\t\u003cli\u003eJapan\u003c/li\u003e\r\n\t\t\u003cli\u003eSouth Korea\u003c/li\u003e\r\n\t\t\u003cli\u003eTaiwan\u003c/li\u003e\r\n\t\t\u003cli\u003eMalaysia\u003c/li\u003e\r\n\t\t\u003cli\u003eSingapore\u003c/li\u003e\r\n\t\t\u003cli\u003eAustralia\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eLatin America\u003c/strong\u003e\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eBrazil\u003c/li\u003e\r\n\t\t\u003cli\u003eMexico\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\t\u003cli\u003e\u003cstrong\u003eMEA\u003c/strong\u003e\r\n\t\u003cul\u003e\r\n\t\t\u003cli\u003eGCC\u003c/li\u003e\r\n\t\t\u003cli\u003eSouth Africa\u003cbr /\u003e\r\n\t\t\u0026nbsp;\u003c/li\u003e\r\n\t\u003c/ul\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n","manager_name":"Preeti Wadhwani","author_name":"","no_of_pages":230,"category_id":"73,9,1","modification_date":"2023-05-08 17:38:05","meta_title":"Car Sharing Market Trends 2023 - Global Statistics 2032","meta_keywords":"Car Sharing Market - Global Car Sharing Industry Size, Share, Price, Growth Trends, Applications, Potential, Technology, Forecast, Competitive Analysis, PDF Report","meta_description":"The car sharing market size was worth USD 2.9 billion in 2022 and is estimated to showcase around 20% CAGR during 2023 to 2032, driven by the rising implementation of stringent government regulations for reducing emissions.","body":"body1","historical_data":"2018 to 2022","forecast_period":"2023 to 2032","pitfalls_challenges":"\u003cul\u003e\u003cli\u003eInadequate transportation infrastructure\u003c/li\u003e \u003cli\u003eDifferent transportation policies in different countries\u003c/li\u003e\u003c/ul\u003e","segments":"Application, Business Model, Model, and Region","growth_drivers":"\u003cul\u003e\u003cli\u003eStringent government regulations for reducing emission.\u003c/li\u003e \u003cli\u003eGovernment incentives to encourage car-sharing.\u003c/li\u003e \u003cli\u003eGrowing adoption of vehicles enabled with advanced technology.\u003c/li\u003e \u003cli\u003eIncreasing investments in car-sharing by automobile manufacturers\u003c/li\u003e \u003cli\u003eRising traffic congestion and pollution in urban areas\u003c/li\u003e\u003c/ul\u003e","forecast_period_CAGR":"20","size_in_base_year":"USD 2.9 Billion","year_value_projection":"USD 20 Billion ","dispatch":"","is_index":"YES","base_year":"2022","tables_count":267,"chart_or_fig_count":33,"companies_count":15,"countries_count":21,"price_sul":"4,850","price_el":"6,050","price_cul":"8,350","publish_date":"May 2023","market_share":"\u003ch2\u003eCar sharing Market Share\u003c/h2\u003e\r\n\r\n\u003cp\u003eMajor companies operating in the car sharing market are\u003c/p\u003e\r\n\r\n\u003cul\u003e\r\n\t\u003cli\u003eBlueSG\u003c/li\u003e\r\n\t\u003cli\u003eCambio Mobilit\u0026auml;ts Service GmbH \u0026amp; Co.\u003c/li\u003e\r\n\t\u003cli\u003eKGCommunauto Inc.\u003c/li\u003e\r\n\t\u003cli\u003eEKAR FZ LLC\u003c/li\u003e\r\n\t\u003cli\u003eEvo Car Share\u003c/li\u003e\r\n\t\u003cli\u003eFree2Move\u003c/li\u003e\r\n\t\u003cli\u003eGetaround, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eGoGet (CarShare) Carshare Australia Pty. Ltd\u003c/li\u003e\r\n\t\u003cli\u003eGreenwheelsHertz Global Holdings, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eLyft, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eMobility CarsharingTuro, Inc.\u003c/li\u003e\r\n\t\u003cli\u003eZipcar, Inc.\u0026nbsp;\r\n\t\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\t\u003c/li\u003e\r\n\u003c/ul\u003e\r\n\r\n\u003cp\u003eThese companies are focused on enhancing \u003cstrong\u003e\u003ca href=\"https://www.gminsights.com/industry-analysis/automotive-subscription-services-market\"\u003ecar subscriptions\u003c/a\u003e\u003c/strong\u003e and car-sharing service efficiency across several industries.\u003c/p\u003e\r\n","market_size":"\u003ch2\u003eCar Sharing Market Size\u003c/h2\u003e\r\n\r\n\u003cp\u003eCar Sharing Market size was valued at USD 2.9 billion in 2022 and is projected to expand at over 20% CAGR from 2023 to 2032, attributed to the rising implementation of stringent government regulations for reducing emissions.\u0026nbsp;attributed to the rising implementation of stringent government regulations for reducing emissions.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Car Sharing Market \" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/carsharing-market-2023-2032.jpg\" title=\"Car Sharing Market Research Report\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eFavorable\u0026nbsp;government initiatives and regulations aimed at decreasing emissions are contributing to the expansion of the car sharing industry, as car-sharing services provide a more sustainable mobility choice. In April 2023, the EPA proposed amending current rules for decreasing greenhouse gas emissions from heavy-duty vehicles for model year 2027, as well as setting more stringent limits for model years 2028 through 2032. This trend is anticipated to persist as governments all over the world continue to enact stricter rules designed to reduce emissions and promote environmentally friendly transportation and \u003cstrong\u003e\u003ca href=\"https://www.gminsights.com/industry-analysis/mobility-on-demand-mod-market\" target=\"_blank\"\u003emobility on-demand\u003c/a\u003e\u003c/strong\u003e options, thereby raising demand for car-sharing services.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"print-table\"\u003e\u0026nbsp;\u003c/div\u003e\r\n\r\n\u003cp\u003eInadequate transport infrastructure limits the car sharing market expansion. For car-sharing services to be effective, a strong and dependable transportation infrastructure is necessary, including access to parking spaces, \u003cstrong\u003e\u003ca href=\"https://www.gminsights.com/industry-analysis/electric-vehicle-charging-station-market\" target=\"_blank\"\u003eelectric vehicle charging stations\u003c/a\u003e\u003c/strong\u003e, and well-maintained roadways. Car-sharing businesses can find it difficult to offer customers a reliable and practical transportation choice in places with inadequate or insufficient transportation infrastructure, resulting\u0026nbsp;in decreased utilization\u0026nbsp;rates, thereby slowing down industry progression. However, increasing public and private investments in infrastructure improvement and development plans across developed and emerging countries will aid in overcoming this restraint in the coming\u0026nbsp;years.\u003c/p\u003e\r\n","market_analysis":"\u003ch2\u003eCar Sharing Market Analysis\u003c/h2\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Global Car Sharing Market, By Model, 2021-2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/global-car-sharing-market-by-model-2023-2032.png\" title=\"Global Car Sharing Market, By Model, 2021-2032, (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eThe car sharing market size from the free-floating segment amassed more than USD 1 billion in 2022. Free floating is a\u0026nbsp;fully self-service automobile sharing concept without restrictions. Free-floating car sharing provides customers with a great level of flexibility, which is an essential factor\u0026nbsp;influencing its strong demand. It provides a different choice for meeting travel demands in urban areas by offering a variety of responsive transit options, which promotes segment growth.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cp style=\"text-align:center\"\u003e\u003cimg alt=\"Global Car Sharing Market Share, By Business Model (Fleet Size), 2022\" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/global-car-sharing-market-share-by-business-model-2023-2032.png\" title=\"Global Car Sharing Market Share, By Business Model (Fleet Size), 2022\" /\u003e\u003c/p\u003e\r\n\r\n\u003cp\u003eThe car sharing market share from the round trip segment will register over 15% CAGR between 2023 and 2032, owing to the convenience provided to customers by picking them up and dropping them\u0026nbsp;off at the same location. This model often gets priced substantially lower as the firm offering these services does not have to spend resources, hence favoring\u0026nbsp;its rising acceptance rate by consumers for intra-city transportation or shorter distances.\u003c/p\u003e\r\n\r\n\u003cp\u003e\u0026nbsp;\u003c/p\u003e\r\n\r\n\u003cdiv class=\"sum-img\"\u003e\u003cimg alt=\"Europe Car Sharing Market, By Country, 2021-2032, (USD Billion)\" src=\"https://cdn.gminsights.com/image/rd/sustainable-and-smart-technologies/europe-car-sharing-market-by-country-2023-2032.png\" title=\"Europe Car Sharing Market, By Country, 2021-2032, (USD Billion)\" /\u003e\u003c/div\u003e\r\n\r\n\u003cp\u003eThe Europe car sharing market size will exceed USD 9 billion by 2032. Shifting consumer preference toward shared mobility as government laws and growing public awareness of the necessity to reduce car pollution in Europe. To cite an instance, in December 2022, the Italian energy corporation, Eni, expanded its electric car-sharing service Enjoy outside Turin. The compact automobile Yoyo, created by Italian automaker XEV, is a key component of the zero-emission fleet. In addition, the presence of several industry participants in European nations is set to accelerate regional market growth.\u0026nbsp;\u003c/p\u003e\r\n","market_trends":"","mod_date":"2023-05-08T17:38:05.000Z","offer_single_price":"4,123","offer_multi_price":"4,840","offer_enter_price":"5,845","canicoal":"https://www.gminsights.com/industry-analysis/carsharing-market"}],"meta_tags":[{"language":"en","url":"carsharing-market"},{"language":"de","url":"carsharing-market"},{"language":"es","url":"carsharing-market"},{"language":"fr","url":"carsharing-market"},{"language":"it","url":"carsharing-market"},{"language":"ja","url":"carsharing-market"},{"language":"ko","url":"carsharing-market"},{"language":"ru","url":"carsharing-market"},{"language":"zh","url":"carsharing-market"},{"language":"ar","url":"carsharing-market"}],"formfield":["email"]},"success":"True","bread_Store_Arr":[{"main_name":"Automotive","main_url":"automotive"},{"L1":"Automotive Services ","L1_url":"automotive-services"},{"l2":"Shared Mobility","l2_url":"shared-mobility"}],"category_id":"73,9,1","ipCountry":{"name":"Singapore","flag":"🇸🇬","code":"SG","dial_code":"+65"},"meta_tags":[{"language":"en","url":"carsharing-market"},{"language":"de","url":"carsharing-market"},{"language":"es","url":"carsharing-market"},{"language":"fr","url":"carsharing-market"},{"language":"it","url":"carsharing-market"},{"language":"ja","url":"carsharing-market"},{"language":"ko","url":"carsharing-market"},{"language":"ru","url":"carsharing-market"},{"language":"zh","url":"carsharing-market"},{"language":"ar","url":"carsharing-market"}],"breadcrumbSchema":{"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/automotive","name":"Automotive"}},{"@type":"ListItem","position":3,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/automotive-services/73","name":"Automotive Services "}},{"@type":"ListItem","position":4,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/shared-mobility/73","name":"Shared Mobility"}},{"@type":"ListItem","position":5,"item":{"@type":"WebPage","@id":"https://www.gminsights.com/industry-analysis/carsharing-market","name":"Carsharing Market"}}]},"faqschema":[{"id":719,"question":"Who are the top players operating in the car sharing landscape?","answer":"BlueSG, Cambio Mobilit"},{"id":719,"question":"What is the Europe car sharing market size?","answer":"The Europe market size will exceed USD 9 billion by the end of 2032, attributed to the rising customer preference for shared mobility."},{"id":719,"question":"Why is the free-floating car sharing model gaining traction?","answer":"The free-floating segment generated over USD 1 billion in 2022, owing to its high adoption due to the high flexibility it offers to the customers."},{"id":719,"question":"What is the future of car sharing market?","answer":"The market size of car sharing reached USD 2.9 billion in 2022 and is estimated to record robust growth at over 20% CAGR from 2023 to 2032, owing to the increasing number of stringent government regulations for reducing emissions."}]},"__N_SSP":true},"page":"/industry-analysis/[report_view]","query":{"report_view":"carsharing-market"},"buildId":"rku7K0p1dZATJ7k6Bj0Ho","isFallback":false,"dynamicIds":[57719,34916,72828,46938,64668,66033,16942,25157,77870,40208,71982,74718,56924,78385,7983,7446],"gssp":true,"scriptLoader":[]}</script></body></html>