The Global Car-Pooling Market Report by The Business Research Company covers carpooling market drivers and restraints, carpooling market size, major players, and the impact of covid-19 on the carpooling market.
The carpooling market consists of sales of carpooling which is also known as shared mobility is the most technologically advanced transportation system that enables users to book a short distance ride as and when needed. The sales consist of revenues generated by establishments that are primarily engaged in the booking of the car by online carpooling platforms and app-based carpooling.
Government initiatives to minimize the carbon emissions is likely to drive the carpooling market.
The global carpooling market is expected grow from $13.06 billion in 2020 to $20.56 billion in 2021 at a compound annual growth rate (CAGR) of 57.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $35.29 billion in 2025 at a CAGR of 14%.
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Some carpooling market trends include companies increasingly venturing into mobility services to cater to the growing demand for car-pooling services. For instance, major automobile manufacturers, namely BMW and Daimler have merged their car-sharing ventures to expand geographically in 2018. Similarly, in February 2020, Tesla announced plans to launch ride-sharing application. Automakers investing in carpooling applications will contribute to the growth of the market.
Global carpooling market segments include:
1) By Type: Online Carpooling Platforms, App-based Carpooling.
2) By Application: Businesses, Individuals, Schools, Others.
3) By Car Type: Economy, Executive, Luxury.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Carpooling Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides carpooling market overviews, analyzes and forecasts market size, share, carpooling market players, carpooling market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The carpooling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Carpooling Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Didi Chuxing, Dida Chuxing, Uber, Via Transportation, Lyft Line, Waze Carpool, Zimride, Carma, Scoop Technologies, Splitting Fares, Wunder Carpool, BlaBlaCar, Karos, Grab, Ryde, Ola, SRide, Meru Carpool, Car2Go Ltd., Cambio CarSharing, Ridejoy, Getaround, JustShareIt, Zimride
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Car Pooling Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Car Pooling Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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