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Mobility on Demand Market: Analysis, Trend, Growth, Opportunity, Forecast 2020-2026

Author : Ronak Bora | Published Date : 2020-08-20 

Mobility on demand market is undergoing a plethora of transforming trends perhaps attributing to the rising inclination towards the adoption of alternative transportation modes. It is prudent to mention that the rising working population has initiated the requirement for time-reliable and flexible mobility solutions, prompting the growth graph of worldwide mobility on demand market to display a marked ascent during 2019-2026. 

Various government authorities have rolled out stringent regulations pertaining to hazardous emissions thereby encouraging the industry players to invest more in industry development.

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In light of this, the prominent market players such as Drivy, Daimler AG, Avis, Uber Technologies, and various others have laid their focus on expanding and attaining investments from the government, automakers, and other investors to strengthen their respective portfolios.

Several automakers are uniting with other industrial units to unveil ride sharing, ride hailing platforms to cater to the burgeoning customer needs for mobility solutions. As a matter of fact, Enterprise Holdings in early 2019 announced its plans of launching its all new car subscription service which would allow the riders to pay a monthly subscription for its six vehicle options.

Some major findings in the mobility on demand market report include:

  • Stringent regulations pertaining to hazardous gas emissions are encouraging several companies to invest in industry developments
  • The rising working population has created the requirements for time-reliable and flexible mobility solutions across the globe
  • Increased consumer security and flexibility offered by newly developed mobility service providers is adding up to the demand globally
  • Rising automobile prices and cost of ownerships of technically advanced vehicles limit consumers to purchase new vehicles. However, these factors of the automotive industry are compelling consumers to opt on-demand mobility options supporting the mobility on demand market development.
  • Prominent players operating in the industry include Drivy, Grab, Didi Chuxing, Daimler AG, Avis, Enterprise Holdings, Lyft, Uber Technologies, General Motors, Zipcar, Delphi Automotive, etc.

Considering the regional landscape, North America stands tall in the overall mobility on demand industry whilst amassing phenomenal proceeds by the end of 2026. The growth can be aptly credited to the huge consumer base including majority of the millennial generation.

The large scale deployment of mobility on demand supports the consumers with the benefits of using an automobile without extra financial like the vehicle lease, maintenance, insurance needs, and repair.

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The robust presence of prominent players across the region is also an added advantage for the surging growth of the market. These companies are implementing corporate mobility on the grounds of attracting employees without incurring high financial expenses. 

Table of Contents (ToC) of the report:

Chapter 4    Mobility on Demand Market, By Service

4.1    Key trends in global mobility on demand market, by service

4.2    Ride hailing

4.2.1    Market estimates and forecast, 2015 – 2026

4.2.2    Market estimates and forecast, 2015 – 2026

4.3    Car sharing

4.3.1    Market estimates and forecast, 2015 – 2026

4.3.2    Market estimates and forecast, by region, 2015 – 2026

4.3.3    Market estimates and forecast, by model, 2015 – 2026

4.3.3.1    P2P

4.3.3.1.1    Market estimates and forecast, 2015 – 2026

4.3.3.2    Station-based

4.3.3.2.1    Market estimates and forecast, 2015 – 2026

4.3.3.3    Free-floating

4.3.3.3.1    Market estimates and forecast, 2015 – 2026

4.3.4    Market estimates and forecast, by business model, 2015 – 2026

4.3.4.1    Round trip

4.3.4.1.1    Market estimates and forecast, 2015 – 2026

4.3.4.2    One way

4.3.4.2.1    Market estimates and forecast, 2015 – 2026

4.4    Car rental

4.4.1    Market estimates and forecast, 2015 – 2026

4.4.2    Market estimates and forecast, by vehicle type, 2015 – 2026

4.4.2.1    Luxury car

4.4.2.1.1    Market estimates and forecast, by vehicle type, 2015 – 2026

4.4.2.2    Executive car

4.4.2.2.1    Market estimates and forecast, by vehicle type, 2015 – 2026

4.4.2.3    Economy car

4.4.2.3.1    Market estimates and forecast, by vehicle type, 2015 – 2026

4.4.2.4    SUV

4.4.2.4.1    Market estimates and forecast, by vehicle type, 2015 – 2026

4.4.2.5    MUV

4.4.2.5.1    Market estimates and forecast, by vehicle type, 2015 – 2026

Chapter 5    Mobility on Demand Market, By Application

5.1    Key trends in global mobility on demand market, by application

5.2    Business

5.2.1    Market estimates and forecast, 2015 – 2026

5.3    Private

5.3.1    Market estimates and forecast, 2015 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/mobility-on-demand-mod-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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