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Car Sharing Providers in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car Sharing Providers Market Research Report | Consumer Goods & Services | Travel Services | Nov 2014

Sharing the growth: More companies enter the industry to capitalise on the growing market

The Car Sharing Providers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
GoGet Carshare GoGet Carshare market share
Hertz Hertz market share
JP Just Properties JP Just Properties market share
Industry Statistics & Market Size
Revenue
$56m
Annual Growth 10-15
26.8%
Annual Growth 15-20
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Profit
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Employment
175
Businesses
15
Industry Analysis & Industry Trends

Over the past five years, the Car Sharing Providers industry has grown rapidly. This has been partly due to growth in world crude oil prices and demand for cost-efficient and convenient inner-city transport. The industry has also greatly benefited from advancements in mobile technology and the internet. This has resulted in industry operators' strong dependency on online bookings and car tracking. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 26.8% to total $55.7 million. In 2014-15, revenue is forecast to grow by 25.2% as consumers continue to be pressured by high petrol prices, congested inner-city traffic and substantial vehicle upkeep costs. The entrance of new players is expected to provide a substantial boost to the industry... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Car Sharing Providers industry has a medium level of concentration. The top four players are expected to account for about 50.0% of industry revenue in 2014-15. Over the past five years, the industry has become more fragmented given the rapid pace of entry by new players. At the start of the period, there was a much higher level of concentration due to the limited number of companies that operated.

Over the next five years, the industry will become less concentrated as more enterprises enter the market. As the industry reaches critical mass, merger and acquisition activity will rise, with the 2010 acquisition of Flexicar by Hertz a sign of what is to come... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car Sharing Providers Industry?

Companies in this industry own or lease cars that people can rent for short periods of time, often by the hour. These companies are typically located in city centres and may offer membership.

Industry Products
Small and hybrid cars Medium and large cars SUVs and wagons Luxury carsVans and commercial vehicles
 
Industry Activities
Providing car share servicesProviding car share services


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