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North America Car Sharing Market Size to Exceed USD 4.8 Billion by 2024

Author : Ronak Bora | Published Date : 2020-09-28 

The study on North America Car Sharing Market  provides a complete view on the industry with intricate details subject to its overall stance in the global landscape along with specifying various applications across major end-user sectors.North America car sharing industry, as per the given report, recorded valuation of USD 626mn in 2017 and would cross to a mammoth of USD 4.8 billion by 2024, growing at a rate of 35.1%. The market report showcases data on the current market situation, evolving technologies, provides details on market rivals, market strategies, future growth prospects, and vivid market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1005/sample

Further, the report also puts forth various factors that are potentially driving the revenue graph of the industry over the time, along with offering details of the ongoing trends that the given industry is characterized by.

According to the analysis, North American car sharing market has been divided into multiple segments including model, business model, application, regions, and expansive competitive landscape.

Free-floating car sharing market in North America is expected to gain momentum over the forecast timespan due to the ease of access to these services. Furthermore, these services are cost-effective and provide a high degree of flexibility. Furthermore, these services are available in small and mid-sized cities in North America. Station-based car sharing market will grow in the region over the forecast period owing to the increasing integration of these services with the public transit systems.

As per the given document, market has been diversified into US, Canada whose comprehensive analysis has been mentioned in the study. It also includes factors and trends that are deemed to promote the growth of regional markets, each region’s individual market share and size, technologies used, governmental laws and regulations, and other factors.

Stringent government regulations regarding the emission control are expected to accelerate the car sharing market growth in North America. The U.S. motor vehicle emission control program has stipulated more stringent standards for vehicle emission control to reduce pollution. Furthermore, these services reduce the vehicle ownership to a considerable extent, contributing to the reduced emission exhaust from vehicles.

The car sharing industry in North America is highly fragmented and claims the presence of top-notch companies operating the realm including car2go, DriveNow, cambio CarSharing, Getaround, The Hertz Corporation, Lyft, Zipcar, and Turo. Market analysis of this segment highlights details on the sales growth of each of these companies, their strategic initiatives, individual company profiles, market share, and position in the worldwide ecosystem.

[TOC Chapters]

 

Chapter 4.North America Car Sharing Market Size, by Business Model, 2013 - 2024

 

  • Round trip
  • One way

 

Chapter 5.North America Car Sharing Market Size, by Model, 2013 - 2024

 

  • P2P
  • Station-based
  • Free-floating

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1005/north-america-car-sharing-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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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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