How Car Sharing Will Change the North American Automotive Industry : Graphical Research

The North America Car Sharing Market size was valued at USD 626mn in 2017 and is anticipated to witness a CAGR of 35.1% during the forecast period 2019-2024

India - October 21, 2019 /MarketersMedia/ —

According to the Graphical Research new growth forecast report titled “North America Car Sharing Market Size By Model, By Business Model, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024”, estimated to exceed USD 4.8 billion by 2024. Stringent government regulations regarding the emission control are expected to accelerate the car sharing market growth in North America. The U.S. motor vehicle emission control program has stipulated more stringent standards for vehicle emission control to reduce pollution. Furthermore, these services reduce the vehicle ownership to a considerable extent, contributing to the reduced emission exhaust from vehicles.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1005/sample

The adoption of advanced technology in the vehicles by the industry players will accelerate the car sharing market growth over the forecast timespan. For instance, Zipcar uses Zipcard technology to access vehicles and unlock the doors. Enterprise CarShare developed a mobile application as a reservation system that allows the user to choose from a selection of cars and the duration of usage for the customers. Such advancements allow maximum consumer convenience, thus attracting a large number of customers to these services.

Free-floating car sharing market in North America is expected to gain momentum over the forecast timespan due to the ease of access to these services. Furthermore, these services are cost-effective and provide a high degree of flexibility. Furthermore, these services are available in small and mid-sized cities in North America. Station-based car sharing market will grow in the region over the forecast period owing to the increasing integration of these services with the public transit systems.

The key players in the Europe car sharing market include Getaround, Zipcar, car2go, Turo, Enterprise CarShare, Maven, and Hertz. The industry is characterized by intense competition among a large number of players. The players are increasingly investing in product developments to offer customers differentiated offerings. For instance, in the U.S., Zipcar offers over 50 makes and models of vehicles.

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1005/north-america-car-sharing-market

Segments We Cover:

North America Car Sharing Market by Business Model
Round trip
One way

North America Car Sharing Market by Model
P2P
Station-based
Free-floating

North America Car Sharing Market by Application

Business
Private

Related Reports:

North America Data Center Cooling Market : https://www.marketwatch.com/press-release/snapshot-of-the-5-bn-north-america-data-center-cooling-market-2024-2019-10-04

North America Robot Sensor Market : https://www.marketwatch.com/press-release/north-america-robot-sensor-market-2019-2024-analyzed-by-business-growth-development-factors-applications-and-future-prospects-2019-10-15

North America Enterprise Networking Market : https://www.marketwatch.com/press-release/north-america-enterprise-networking-market-to-trace-exponential-gain-of-30bn-over-2019-2024-2019-10-15

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Info:
Name: Parikhit B.
Email: Send Email
Organization: Graphical Research
Website: https://www.graphicalresearch.com/industry-insights/1005/north-america-car-sharing-market

Source URL: https://marketersmedia.com/how-car-sharing-will-change-the-north-american-automotive-industry-graphical-research/88929382

Source: MarketersMedia

Release ID: 88929382

More News From Daily Transparent

International court sentences Congo warlord to 30 years

Nov 17, 2019

THE HAGUE, Netherlands — The International Criminal Court sentenced a Congolese warlord known as "The Terminator" to 30 years imprisonment Thursday after he was convicted of crimes including murder, rape and sexual slavery. The sentence was the highest ever passed by the global court. Bosco Ntaganda was found guilty in July of 18 counts of war crimes and crimes against humanity for his role as a military commander in atrocities in a bloody ethnic conflict in a mineral-rich region of Congo in 2002-2003. Ntaganda showed no emotion as Presiding Judge Robert Fremr passed sentences ranging from eight years to 30...

The Latest: Tokarczuk feted for Nobel literature prize

Nov 17, 2019

STOCKHOLM — The Latest on the awarding of the 2019 Nobel Prizes (all times local): 1:55 p.m. Olga Tokarczuk's Polish publishers say they are "overjoyed" by the awarding of the Nobel Prize in literature to a writer they have worked with for 18 years. Sebastian Nowak of the Wydawnictwo Literackie said Thursday the award "confirms the great scope and power of her prose. She is our precious national asset." Nowak said the publishers could not immediately reach Tokarczuk because she was "driving somewhere on a German highway" from Dortmund, where she met with readers on Wednesday, to another location. She...

Tory leader grilled on abortion in Canadian election debate

Nov 17, 2019

TORONTO — Canadian Prime Minister Justin Trudeau and opposition party leaders grilled the leader of the Conservative party Wednesday night on his personal beliefs on abortion in Trudeau’s first debate of the campaign for this month’s elections. Trudeau wasn’t asked about photos of him appearing in brownface and blackface years ago despite it making headlines around the world just two weeks ago. The controversy hasn’t led to a drop in the polls for Trudeau. At the French-language debate in Montreal, Trudeau and the leaders of other opposition parties tried to corner opposition Conservative leader Andrew Scheer on his personal position...

Parachutists jump over Dutch heath to mark WWII operation

Nov 17, 2019

GINKEL HEATH, Netherlands — Hundreds of parachutists have floated out of clear blue skies in the eastern Netherlands to commemorate the 75th anniversary of a daring but ultimately unsuccessful World War II mission that Allied commanders hoped would bring a swift end to the global conflict. Operation Market Garden was British Field Marshal Bernard Montgomery's ill-fated plan to drop some 35,000 paratroopers deep behind enemy lines in the Nazi-occupied Netherlands to capture and secure key roads and bridges, so that Allied forces massed in Belgium could pour into Germany's industrial heartland and bring World War II to an end. On...

Trudeau's support holds after apology for wearing brownface

Nov 17, 2019

TORONTO — Canadian Prime Minister Justin Trudeau acknowledged Friday that he let down his supporters — and all Canadians of color — by appearing years ago in brownface and blackface. Yet the scandal's fallout may be limited in a country without the harsh and still-divisive racial history of the neighboring United States. "I hurt people who in many cases consider me an ally," Trudeau told a news conference. "I let a lot of people down." Trudeau, 47, is seeking a second term as prime minister in an Oct. 21 election. His leading opponent, Andrew Scheer of the Conservative Party, has...

Sign up now!