APAC Car-sharing Market 2015 Industry Trends Analysis and Forecast 2020
Global Car-sharing Market 2015 Industry Trend Price Demand and Forecast to 2020
Car-sharing market in Japan to grow at a CAGR of 59.83% over the period 2013-2018. Our analyst researched the following companies as the key players in the Car-sharing Market in Japan: Hertz 24/7 Corp., Mobility CarSharing, Orix CarShare Corp., Times24 Co. Ltd. and Zipcar Inc.
Other Prominent Vendors in the market are: CaFoRe, Sixt and Uber.
Commenting on the report, an our analyst said: “Enhanced interconnectedness is a major trend in the market. Telecom operators and transport operators are integrating their services to develop attractive options for users. The collaboration of different industry sectors is shaping the concept of future mobility by providing seamless, attractive options for users.”
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According to the report, customer convenience is a major factor driving market growth. Consumers prefer car-sharing as they are free from car ownership and other costs of mobility, which makes their car driving experience hassle-free and cost-effective.
Further, the report states that consumer awareness is a major challenge that the market faces. Most people are unaware of car-sharing services. Consumers also tend to value car ownership over sharing. Issues related to safety and security is of primary concern.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.