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Global Car Subscription Market, By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Company, By Region, Forecast & Opportunities, 2027

Global Car Subscription Market, By Service Provider, By Subscription Period, By Subscription Type, By End Use, By Propulsion Type, By Company, By Region, Forecast & Opportunities, 2027

  • August 2022
  • 113 pages
  • ID: 6313351
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

Global Car Subscription Market, By Service Provider (OEM/Captives, Mobility Provider, Technology Companies), By Subscription Period (1 to 6 Months, 6 to 12 Months, and More than 12 Months), By Subscription Type [Single Brand (Single Brand Swap), Multi Brand], By End Use (Private, Corporate), By Propulsion Type (ICE, EV), By Company, By Region, Forecast & Opportunities, 2027

The global car subscription market is expected to witness growth at a signficant CAGR during the forecast period, 2023-2027.The market growth can be attributed to rising popularity of vehicle subscription services, due to its cost-effectiveness and easier accessibility.

Besides, car subscription service providers offer flexibility and convenience, which attracts diverse consumer base.Moreover, emergence of increasing number of premium OEMs is expected to fuel the market growth in the coming years.

Rapid digitization of the automotive industry and increasing availability of high-speed internet are anticipated to boost the market growth.

The global car subscription market is segmented into the service provider, subscription type, subscription period, end use, propulsion type, regional distribution, and competitive landscape.Based on regional analysis, the Europe region is expected to hold the largest market share in the forecast period, 2023-2027.

Presence of key players in the region, growing demand for car subscriptions and shared mobility services are accelerating the demand for the global car subscription in the region.

Major players operating in the global car subscription market are Drover Limited, Fair Financial Corp., OpenRoad Auto Group, Facedrive Inc., DAIMLER AG, Toyota Motor Corporation, Volvo Car Corporation, Porsche Smart Monility, Inc, Hyundai Motor Company, Fresh Car, among others.

Objective of the Study:

• To analyze the historical growth in the market size of global car subscription market from 2017 to 2021.
• To estimate and forecast the market size of global car subscription market from 2023 to 2027 and growth rate until 2027.
• To classify and forecast global car subscription market based on service provider, subscription period, subscription type, end use, propulsion type, region, and company.
• To identify dominant region or segment in the global car subscription market.
• To identify drivers and challenges for global car subscription market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global car subscription market.
• To identify and analyze the profile of leading players operating in global car subscription market.
• To identify key sustainable strategies adopted by market players in global car subscription market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of service providers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers who could not be identified due to the limitations of secondary research. The analyst examined the service providers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of global car subscription market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Car subscription service provider companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to car subscription market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global car subscription market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Car Subscription Market, By Service Provider:
o OEM/Captives
o Mobility Provider
o Technology Companies
• Global Car Subscription Market, By Subscription Period:
o 1 to 6 Months
o 6 to 12 Months
o More than 12 Months
• Global Car Subscription Market, By Subscription Type:
o Single Brand (Single Brand Swap)
o Multi Brand
• Global Car Subscription Market, By End Use:
o Private
o Corporate
• Global Car Subscription Market, By Propulsion Type:
o ICE
o EV
• Global Car Subscription Market, By Region:
o North America
United States
Canada
Mexico
o Europe & CIS
Germany
France
United Kingdom
Spain
Italy
Russia
Turkey
Poland
Slovakia
Czech Republic
o Asia-Pacific
India
China
Japan
South Korea
Australia
Malaysia
o Middle East & Africa
South Africa
UAE
Saudi Arabia
Qatar
Kuwait
o South America
Brazil
Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global car subscription market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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