With growing concern for CO2 emissions and an overall shift toward environmentally friendly practices, demand for car sharing has ballooned over the past five years, causing industry revenue to grow by double digits. Over the next five years, revenue will continue to expand, albeit at a slower pace, services become more widely accepted by the market and expansion slows.
This industry is composed of establishments that offer membership-based car rental services, typically for both shorter periods and distances compared with traditional car renters. Although the pricing structure may vary, operators often charge by the mile and by the minute or hour in addition to a flat fee.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.