Europe Vehicle Subscription Market - Industry Trends and Forecast to 2029
Europe vehicle subscription market is projected to register a CAGR of 29.2% in the forecast period of 2022 to 2029. The new market report contains data for historic year 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029.
Market Segmentation:
Europe Vehicle Subscription Market, By Service Providers (OEMS & Captives, Independent/Third Party Service Provider), Propulsion Type (ICE, Electric Vehicle), Business Models (Automotive Manufacturers, Automotive Dealership, Start-Ups And Corporate-Backed Ventures, Car Subscription Software Providers, Others), End-Use (Private, Corporate), Subscription Type (Single Brand (Single Brand Swap), Multi Brand), Package (Budget, Standard, Premium), Subscription Period (1 To 6 Months, 6 To 12 Months, More Than 12 Months), Wheel Drive Type (Front Wheel Drive, Rear Wheel Drive, All-Wheel Drive), Vehicle Class, (Mid-Priced, Luxury), Vehicle Type, (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle), Country (Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Ireland And Rest Of Europe) Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the Europe vehicle subscription market are:
• Increase in population, rapid urbanization and industrialization
• Emergence of EV’s & its importance in vehicle subscription market
Market Players
Some of the major players operating in the Europe vehicle subscription market are:
Some of the major players operating in Europe vehicle subscription market are:
• Mercedes-Benz Group AG
• Volkswagen AG
• Hertz Global Holdings, Inc.
• TOYOTA MOTOR CORPORATION
• AB Volvo
• Hyundai Motor Company
• BMW AG
• JAGUAR LAND ROVER LIMITED
• Renault Group
• Ford Motor Company
• General Motors
• Zipcar, Inc..
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