Mobility on Demand Market By Type (Sharing, Renting), By Vehicle Type (Two-wheelers, Passenger Cars, Buses and Rails, Others), By Propulsion Type (ICE, Electric and Others), By Booking Type (Online, Offline), By Commute Type (Intracity, Intercity): Global Opportunity Analysis and Industry Forecast, 2021-2031
The report incorporates the study of the global mobility on demand market that focuses on an integrated, multimodal, and connected network system for transportation. This technology provides various on-demand services to facilitate locomotion. Various types of vehicles available via mobility on demand include economy, executive, luxury, SUVs, and MUVs. Moreover, the mobility on demand services finds application in event transportation, employee transportation, local, outstation & airport transportation, and similar areas. Manufacturers and consumers rely on various car rental schemes, which are cost-effective, such as leasing cars from their owners for a particular time period and then putting these cars on rental through app-based bookings. In addition, car rental players are using car rental management software to provide better services and automate the mobility business. This management software also offers fleet optimizations, advanced pricing management, and custom reports, which help car rental companies grow their alternate transportation business. For instance, in June 2022, BMW AG collaborated with Sixt SE, an international mobility service, to launch the new BMW AG Add-On Mobility app, which allowed users to rent vehicles directly from Sixt SE.
The factors such as proactive government initiatives for smart cities, rise in venture capital and strategic investments, and adoption of e-bikes in the sharing fleet supplement the growth of the mobility on demand market. However, low rate of internet penetration in developing regions and resistance from local transport services, coupled with varying government regulations in different countries are the factors expected to hamper the growth of the mobility on demand market. In addition, emergence of eco-friendly electric cab services and adoption of car rental management software creates market opportunities for the key players operating in the mobility on demand market.
For the purpose of analysis, the global mobility on demand market is segmented on the basis of type, vehicle type, propulsion type, booking type, commute type, and region. By type, the market is divided into sharing and renting. By vehicle type, it is fragmented into two-wheelers, passenger cars, buses and rails, and others. By propulsion type, it is categorized into internal combustion engine (ICE) and electric and others. By booking type, it is further classified into online and offline. By commute type, it is fragmented into intracity and intercity. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the mobility on demand market are Aptiv, BMW AG, Cabify España S.L.U., Car2go NA, LLC, Cityscoot, Europcar Mobility Group, Ford Motor Company, General Motors, Gett, The Hertz Corporation, Intel Corporation, IBM, Lyft, Inc., Robert Bosch GmbH, Toyota Motor Corporation, Uber Technologies Inc., and Yulu Bikes Pvt Ltd.
Key Benefits For Stakeholders
This study presents analytical depiction of the global mobility on demand market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall mobility on demand market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global mobility on demand market with a detailed impact analysis.
The current mobility on demand market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Type
Sharing
Renting
By Vehicle Type
Two-wheelers
Passenger Cars
Buses and Rails
Others
By Propulsion Type
ICE
Electric and Others
By Booking Type
Online
Offline
By Commute Type
Intracity
Intercity
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Spain
Rest Of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Bayerische Motoren Werke AG (BMW AG)
Cabify
Car2Go
Delphi Automotive PLC
Europcar Mobility Group
Ford Motor Company
General Motors Company
Gett
Hertz Corporation
Intel Corporation
International Business Machines Corp. (IBM)
Lyft, Inc.
Orix Corporation
Robert Bosch GmbH
Tomtom NV
Toyota Motor Corporation
Uber Technologies, Inc.
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