Global Car-as-a-service Market (2021 to 2030) – by Propulsion Type, End-use, Vehicle Type and Region – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Car-as-a-service Market by Propulsion Type, End Use and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.
Car-as-a-service refers to fixed durational contract based mobility solution along with integrated services. Car-as-a-service is a complete service solution mainly minimizing the acquisition cost of the vehicle and providing cost-effective solution on the shorter run. Under the scope of the research, car-as-a-service deals with the various solution car rental, car leasing, and car subscription services.
Market participants of the car-as-a-service is providing solution to the corporate as well as private end consumers mainly end-to-end services including vehicle procurement, repair and maintenance services, fleet management, insurance and vehicle remarketing. In the recent years, the traction towards digitalization and operational cost effectiveness of the transportation solution is increasing in the recent years, which is expected to support the growth for car-as-a-service market in the recent years. Fleet management is one of the crucial factor for the service providers to maintain the competitive offerings.
The report on the global car-as-a-service market focuses on the current market trends and future growth opportunities of various propulsion types such as IC powered vehicle, and electric vehicle. In addition, the report provides information on end use such as private, and corporate. Moreover, it focuses on various vehicle types including multi utility vehicle (MUV), sports utility vehicle (SUV), economical car, executive car, and luxury car. In addition, it analyzes the current trends of car-as-a-services across different regions such as North America, Europe, Asia-Pacific and LAMEA.
Key Benefits
- This study presents analytical depiction of the global car-as-a-service market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders to gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the market.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the market.
Market Dynamics
Drivers
- Flexibility and convenience of car-as-a-service
- The car-as-a-service model is cost-efficient compared to buying the car ownership in shorter duration
Restraints
- Mileage restrictions of car-as-a-service drawback for the long term transportation need
- Obsolescence of the aged fleet
Opportunities
- Development of a strong digital platform to operate the services effectively
- Expansion of dealer network for better reach or effective provide services
Key Players
- BMW Group
- Daimler AG
- Facedrive Inc.
- Fair Financial Corp.
- Ford Motor Company
- Lyft Inc
- Primemover Mobility Technologies Pvt Ltd.
- The Hertz Corporation
- Toyota Motor Corporation
- Volvo Car Corporation
For more information about this report visit https://www.researchandmarkets.com/r/2czw7b
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