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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

IBISWorld’s Car Sharing Providers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Products Chapter

Industry providers currently have a limited selection of vehicles across various categories, based mainly on size and utility. The range of vehicles on offer is expected to increase over the next five years as operators negotiate more deals with car manufacturers and wholesalers.

Small and hybrid cars

By far the largest product segment, small and hybrid cars are estimated to account for 60.0% of industry revenue in 2014-15. Despite this, this segment has declined as a share of the industry as newer segments have emerged. Vehicles in this category are the most fuel-efficient and therefore the most environmentally friendly. In addition, small vehicles are the most convenient for inner-city commuting and parking... 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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