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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 | Jan 2016

Full speed ahead: The continued popularity of industry services drive strong growth

IBISWorld’s Car Sharing Providers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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
$70m
Annual Growth 11-16
25.7%
Annual Growth 16-21
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Profit
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Employment
210
Businesses
16
Industry Analysis & Industry Trends

Over the past five years, the Car Sharing Providers industry has grown rapidly. This has been partly due to rising petrol prices and demand for cost-efficient and convenient inner-city transport. The industry has also greatly benefited from advances in mobile technology and the internet. These developments have provided industry operators with opportunities for growth and have led to their adoption of online bookings and car tracking technology. Over the five years through 2015-16, industry revenue is expected to grow at an annualised 25.7% to total $69.7 million. In 2015-16, revenue is forecast to grow by 24.5%, as consumers continue to be pressured by high petrol prices, inner-city traffic congestion and substantial vehicle upkeep costs... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry for the Car Sharing Providers industry are moderate and increasing. The main barriers to entry are the high capital costs of starting car sharing operations and the rapidly increasing level of competition. The majority of operators must purchase an initial fleet of cars, which can be expensive. In addition, a company will have to secure prime and convenient pods, or parking spots, across the inner-city suburbs and within the business districts, which are allocated by the local council. Competition within the industry is increasing rapidly, as is the number of enterprises. The industry is also technology intensive, requiring many operators to have their own vehicle access systems that can be monitored online... 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 services


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