Shared Mobility Market By Service Model (Bike Sharing, Car Sharing, Ride-hailing, Public Transit, Microtransit), By Vehicle Type (Two-wheelers, Passenger Cars, Buses and Rails, Others), By Vehicle Propulsion (IC Engines, Electric and Hybrid Vehicles, Others), By Sales Channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031
Shared mobility is referred to a service for short to medium distance commuting for a price or free. It is available at on-street docked or dock-less stations. Most large-scale urban shared mobility programs have numerous check-out stations, and operate much like public transit systems, catering to tourists and visitors as well as local residents. These services are an innovative solution to the urban mobility challenges and are an effective way of promoting urban cycling and contributing to a more sustainable and environment-friendly mobility.
Electric vehicle are gaining traction at moment as compared to traditional internal combustion engine based vehicle. Shared mobility service providers are also adopting electric vehicles in their fleet as electric vehicle provide several benefits such as lower running costs, low maintenance cost, zero tailpipe emissions and reduction in greenhouse gases. For instance, in October 2021, Hertz Corporation ordered over 100,000 Tesla vehicles to include more electric vehicles in their car rental fleet. The company’s commitment to becoming an essential component of the modern mobility ecosystem includes Hertz leading in electrification, shared mobility, and a digital-first customer experience.
The growth of the global shared mobility market is propelling, due to rise in venture capital and strategic investments, government initiatives for smart cities, and increase in inclusion of e-bikes in the sharing fleet. However, low rate of internet penetration in developing regions is the factor hampering the growth of the market. Furthermore, increase in government initiatives for the development of bike sharing infrastructure is the factor expected to offer growth opportunities during the forecast period.
The shared mobility market is segmented on the basis of service model, vehicle type, vehicle propulsion, sales channel, and region. By service model, it is segmented into bike sharing, car sharing, ride-hailing, public transit, and microtransit. By vehicle type, it is classified into two-wheelers, passenger cars, buses & rails, and others. By vehicle propulsion, it is fragmented into IC engine, electric & hybrid vehicles, and others. By sales channel, it is categorized into offline and online. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the shared mobility market analysis from 2021 to 2031 to identify the prevailing shared mobility market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the shared mobility market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global shared mobility market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Service Model
Bike Sharing
Car Sharing
Ride-hailing
Public Transit
Microtransit
By Vehicle Type
Two-wheelers
Passenger Cars
Buses and Rails
Others
By Vehicle Propulsion
IC Engines
Electric and Hybrid Vehicles
Others
By Sales Channel
Offline
Online
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Autocrypt Co., Ltd.
BlaBlaCar
Blu-Smart Mobility Pvt. Ltd.
Bolt Technology OÜ
Cabify Espaa S.L.U.
EasyMile SAS
Free2move
Getaround, Inc.
Lyft, Inc.
Meru Mobility Tech Pvt. Ltd.
ANI Technologies Private Limited (Ola)
Uber Technologies Inc.
Zoomcar India Private Limited
Didi Chuxing Technology Co.
Yandex LLC
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