Racing ahead: Demand for industry services has grown strongly due to rising urbanisation

IBISWorld’s Car Sharing Providers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Industry Analysis & Industry Trends

The Car Sharing Providers industry has grown rapidly over the past five years. Rising demand for cost-efficient and convenient inner-city transport has driven industry revenue growth over this period. In particular, demand for car sharing services in Australia's major cities has grown strongly, in line with rising urbanisation, which has made it more difficult for consumers to purchase cars outright and find adequate parking spaces. The industry has also benefited greatly from advances in mobile technology and the internet over the past five years. In addition, industry revenue growth has been supported by local governments that have encouraged car sharing as a method of reducing congestion, and noise and air pollution. Industry revenue is expected to grow at an annualised 21.7%...

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What is the Car Sharing Providers industry?

Car sharing providers have a 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 account for the largest proportion of industry revenue. Small vehicles are the most convenient for inner-city commuting and parking. Vehicles in this category are the most fuel-efficient and therefore the most environmentally friendly. Cost saving, environmental awareness and convenience are the main selling points of the industry, and these factors have been driving demand for this segment over the past five years. How...

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Products & Brands

Major products in this industry
Small and hybrid cars
Medium and large cars
SUVs and wagons
Luxury cars
Vans and other commercial vehicles
Examples of brands in this Industry
Hertz 24/7

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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